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In this article, we will discussing about the 22nd Council Meet in detail.
1st September 2021
45th GST Council meeting will be held on 17th September 2021. Tax concessions on COVID-19 essentials may be extended, Matter on GST compensation to states may be taken up, correction of inverted tax structure, etc are on the agenda.
28th May 2021
43rd GST Council meeting took place on 28th May 2021. The Council approved the GST amnesty scheme to be re-introduced, the late fee was rationalised for all taxpayers, especially for small taxpayers and IGST is exempted on import of COVID treating equipment and relief materials up to 31st August 2021.
21st May 2021
43rd GST Council meeting will take place on 28th May 2021 (Friday) at 11 A.M. via video conferencing and will be chaired by Union FM Nirmala Sitharaman.
18th February 2021
Various media sources have stated that the next 43rd/44th GST Council Meeting is set to be held in mid-March 2021.
GST Council held its 22nd GST Council meet on 6th October 2017. Here are the important updates of the meet based on the press release. Lesser burden of compliance for small businesses
Relief for Service Providers
Relief for Exporters
Composition Scheme changes
RCM postponed RCM applicable for the purchases from the unregistered dealer shall be suspended till 31.03.2018. No GST on advance receipts for businesses with turnover under Rs 1.5cr Taxpayers having annual turnover upto 1.5 Crore shall not be required to pay GST at the time of receipt of advances on account of supply of goods. Significant rate changes
Due date of GSTR-6 (filed by an input service distributor) for the months of July, August and September 2017 has been extended to 15.11.2017