Expert Analysis – Recommendations of the 53rd GST Council Meeting [CPA CA Rajesh Khandelwal]
Author CPA CA Rajesh Khandelwal has presented his analysis on the 53rd GST Council meeting held today i.e. 22.06.2024 in the PPT attached.
Tag: GST Council
Expert Analysis – 53rd GST Council Meet Recommendations – Goodest of Good News Everywhere
Author D. Shiva Roopa Ganesh has presented his analysis on the 53rd GST Council meeting held today i.e. 22.06.2024 in the PPT attached.
GST Council Meeting: Railway Platform tickets exempted from GST, biometric authentication push & other key decisions
GST Council at its 53rd meeting in New Delhi on Saturday proposed recommendations related to tax exemption on services provided by the Indian Railways to the common man and biometric-based Aadhaar authentication to check fake invoicing.
What a GST cut will mean for fertiliser companies, analyst weighs in
Fertiliser stocks have been in focus over the last few days with the Street anticipating some relief in Goods and Services Tax (GST) on the sector at the upcoming GST Council meeting on June 22.
Recommendations of 53rd GST Council Meeting
53rd GST Council meeting Recommendations relating to changes in GST tax rates, streamlining compliances in GST etc.
Waiver, other tax reforms top GST Council’s docket
The council is likely to take up clarification on about a dozen issues including taxability of loans given by one group company to another, determination of the place of supply applicable for custodial services provided by banks to foreign portfolio investors and applicability of the levy on extra neutral alcohol for human consumption.
GST Council’s 28% tax triggers job losses in India’s real-money gaming sector
GST Council’s move to impose a 28 percent tax on player deposits in real-money games has led to a significant job erosion in India’s rapidly growing skill gaming industry, as per a joint report by Ernst and Young (EY) and the US-India Strategic Partnership Forum (USISPF).
‘Taxpayers want rationalisation of GST rates, amnesty scheme’
As GST completes seven years, taxpayers have demanded rationalisation of rates, faceless dealing with authorities and an amnesty scheme, a survey by a leading consulting firm showed.
GST Council Meet on June 22: What’s on the agenda?
Industry is looking at discussions during the GST Council meeting on the revival of a plan to restructure the complex multiple-rate tax structure, with GST revenue having already risen significantly. The industry is also expecting a review of the 28 per cent levy on online games, horse racing and casinos.
GST Council meeting may focus on procedural, compliance issues
The upcoming meeting of the Goods and Services Tax Council is likely to focus on procedural issues and clarifications as well as pre-Budget discussions. Major decisions such as the review of the 28% tax on online gaming may be taken at a later date.