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GST Council Meet Live: Interim Report On Rate Rationalisation Receives Council's Nod

Rishabh Bhatnagar
Business
Jun 28, 2022 18:17 pm IST
- Published On Jun 28, 2022 18:17 pm IST
- Last Updated On Jun 28, 2022 18:17 pm IST

Read Time: 1 min

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GST Council Meet Live: Interim Report On Rate Rationalisation Receives Council's Nod

GST Council meeting. (Source: Finance Ministry)

4 years ago

The two-day GST Council meeting, chaired by Finance Minister Nirmala Sitharaman is underway in Chandigarh. Catch the live updates from the GST Council meeting here.

Jun 28, 2022 17:57 (IST)

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Issuing of e-way bill for movement of gold has been approved. However, the threshold value for this would be subject to states’ discretion.
The establishment of a GST tax tribunal has also been approved
Council has approved the GoM’s report on system reforms.

(Source: Officials with knowledge of the matter)

Jun 28, 2022 17:57 (IST)

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The interim report on GST rate rationalization on disallowing exemptions for packed goods has been approved.
Correction of inverted duty structure has also approved. Further details on items under approval are yet to be revealed.

(Source: Officials with knowledge of the matter)

Jun 28, 2022 12:43 (IST)

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GST Council Meeting: What's On Agenda This Week

Jun 28, 2022 12:37 (IST)

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The two-day GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is underway in Chandigarh. It is being attended by finance ministers of various states and senior state and central government officers.

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