The 56th Council meeting approved a simplified registration scheme for small suppliers supplying through electronic commerce operators.

Opposition-ruled states will demand firm assurances from the Centre on compensation for revenue losses arising from the rationalization of goods and services tax slabs at the 56th GST Council meeting, ...

The GST Council's next meeting may bring major relief for businesses, including input tax credit-related benefits on vehicles ...

The GST Council is expected to consider a proposal that could provide significant relief to businesses by protecting their ...

Industry associations, companies, state governments, central ministries, tax authorities and even judicial rulings can trigger a review of an existing GST rate or product classification.

Rate rationalisation, operationalisation of GST Appellate Tribunal seen to have boosted confidence of stakeholders ...

June GST collection stood at Rs 1.84 lakh crore. The long-pending issue of tax relief on life and health insurance premiums is likely to be discussed in the upcoming GST Council meeting. According to ...

The GST Council is likely to soon consider the slabs of the goods and service tax. As per a new report, the Council may reduce the GST slabs from four to three, doing away with the 12 per cent GST ...

The GST Council has approved a major overhaul of the Goods and Services Tax system, slashing rates on several everyday items. Roti, hair oil, ice creams, and televisions are set to become cheaper. We ...

India's Goods and Services Tax (GST) is poised for a major overhaul since its 2017 launch. A key change involves potentially moving items from the 12% GST slab to the 5% bracket, offering relief to ...

The GST Council meeting is set to bring in sweeping changes to how India buys, especially cars and motorcycles. In fact, Finance Minister Nirmala Sitharaman will decide what’s luxury and mass in the ...