Curbs on tax officials’ arrest powers, judicial scrutiny for arrests, and a higher prosecution threshold could make GST 2.0 more taxpayer-friendly and responsive
The 57th GST Council meeting, originally scheduled for September 12, has been postponed due to the BRICS Summit clash and is now likely to be held on October 7 in New Delhi. Preparatory meetings of GST officers are set for October 5–6. The Council, chaired by Finance Minister Nirmala Sitharaman, will deliberate on pending issues like input tax credit, refunds, and compliance.
New Delhi: The recommendations on Goods and Services Tax rates that were made during the 47th GST Council meeting held in June come into effect today. Following is a list of items that will get costlier: 1. GST on paper knives, spoons, forks, ladles, skimmers, cake-servers increased from 12 per cent to 18 per cent. […]
