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In this article, we will discussing about the 22nd Council Meet in detail.
Latest Updates
16th December 2022
48th GST Council Meeting is scheduled on 17th December 2022, Saturday. This meeting is happening after a gap of five months ahead of the Union Budget 2023, slated to be presented on 1st February 2023.
24th June 2022
The 47th GST Council meeting was held on the 28th and 29th of June 2022 in Chandigarh. Union FM Nirmala Sitharaman chaired this meeting and made recommendations to revise rates for revenue augmentation and correction of inversion while pruning the GST exemption list. Compliance relief was granted to e-commerce suppliers and composition taxpayers.
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
Others
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
Under consideration
For more news & updates on GST visit our page GST News and Announcement Check the latest updates on 35th GST Council Meet on 35th GST Council Meet News & Updates