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As per the recent tweet by CNBC-TV18, today’s GST Council meeting ends, the Council will meet again tomorrow.
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The GST Council, which will meet here on September 9, is likely to make progress on the long-pending agenda of rate rationalisation, and review levy of GST on import of services by Indian entities from offshore branches.
53rd GST Council meeting Recommendations relating to changes in GST tax rates, streamlining compliances in GST etc.
The GST Council’s recommendations may lead to an influx of applications for rectification of mistakes (ROM) and refund requests. The reason behind this surge is the clarifications proposed by the GST Council, which aim to address issues in favour of taxpayers.