GST Council scraps tax on millet flour
Food preparations in powder form containing at least 70 per cent millets will not have to pay any GST, Finance Minister Nirmala Sitharaman said.
Food preparations in powder form containing at least 70 per cent millets will not have to pay any GST, Finance Minister Nirmala Sitharaman said.
Law Committee will examine suitable amendment in law to exclude ENA for use in manufacture of alcoholic liquors for human consumption from ambit of GST.
GST council is likely to give clarity on whether tax collected at source (TCS) should be deducted by the buyer or the e-commerce platform
It will be the 50th meeting of the Council. Union Finance Minister Nirmala Sitharaman, who heads the Council, will chair the meeting.
Union Finance Minister Nirmala Sitharaman on Monday said the Goods and Services Tax (GST) Council will have to take a…
Briefing reporters after the 41st meeting of the GST Council on Thursday, Finance Minister Nirmala Sitharaman said the economy is facing an extraordinary 'Act of God' situation, which may result in economic contraction.
Centre gives two options to borrow via RBI; states get 7 days to decide
'The Government will give a further relaxation of 0.5% in states' borrowing limit under FRBM Act,' the Finance Minister said.
Participating in the 40th GST Council meeting held under the Chairmanship of Union Finance Minister and Chairman GST Council, Nirmala Sitharaman through video conference, he thanked the Union government for having provided liberal support to the state.
For people who have tax liability, the maximum late fee for non-filing of GSTR-3B returns for period July 2017 and January 2020 has been capped to Rs 500 without interest.