- GST Council meeting scheduled for mid to late August
- Exemptions granted for platform tickets and essential railway services
- Decisions made to ease compliance burden and provide relief to taxpayers
- Waiving interest penalties on demand notices under Section 73 of GST Act
- Extension for availing input tax credit on invoices or debit notes
- Monetary thresholds set for filing appeals by departments
- Deadline extended for furnishing returns for small taxpayers
- Uniform GST rate of 12% for all types of sprinklers and accommodation services
- Phased rollout of biometric-based Aadhaar authentication for GST registration applicants
- Chairman appointed for Group of Ministers on Rate Rationalization
- Uniform GST rate of 12% recommended for milk cans and carton boxes made from paper or paperboard
Source: gulfnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
