Finance Minister Smt Nirmala Sitharaman to chair the 43rd GST Council meeting today

Finance Minister Smt Nirmala Sitharaman to chair the 43rd GST Council meeting today

Finance Minister Smt Nirmala Sitharaman to chair the 43rd GST Council meeting today Finance Minister Smt. Nirmala Sitharaman will chair the 43rd GST …

authorCA Deepak GuptadateMay 28, 2021
Last update on May 28, 2021
Finance Minister Smt Nirmala Sitharaman to chair the 43rd GST Council meeting today Finance Minister Smt. Nirmala Sitharaman will chair the 43rd GST Council meeting today i.e. 28-05-2021 via video conferencing at 11 AM in New Delhi tomorrow. The meeting will be attended by MOS Shri. Anurag Thakur besides Finance Ministers of States & UTs and Senior officers from Union Government & States. You May Also Refer: GST Late Fees Waiver | GST Amnesty Scheme with ITC | GST Council Meeting Expectations
  • GST Annual Return for Taxpayers with T/O of more than 5Cr Continue
Annual Return Filing will continue to be optional for 2020-21, for small Tax payers with turnover less than Rs. 2 Crore Reconciliation statements for 2020-21 to be furnished by taxpayers with turnover of Rs. 5 Crore or more https://twitter.com/castudycafe/status/1398291785886015495
  • GST Amnesty Scheme Finally Announced. Steps will be taken to Rationalise GST Late Fees
https://twitter.com/castudycafe/status/1398291230161661956
  • CAIT [The Confederation of All India Traders] seeks extension of GST return filings deadline till August
https://twitter.com/castudycafe/status/1398202167790501888
  • GST Council to discuss Sikkim's proposal to levy a COVID-19 cess in the state
    • Sikkim had proposed a nominal COVID cess for two years on the pharmaceutical and power sectors in the state.
    • The GST Council will constitute a Group of Ministers (GoM) to examine Sikkim's proposal, which will submit its recommendation on the matter to the Council in two weeks.
    • The sources added that other states such as Arunachal Pradesh, Meghalaya and Goa may also propose levying a state covid cess.
https://twitter.com/castudycafe/status/1398199427349680129
  • Priyanka Gandhi to Centre: Remove GST on life-saving medicines used in COVID
https://twitter.com/castudycafe/status/1398195413711089664
  • Merger of GST slabs to take time
https://twitter.com/castudycafe/status/1398194232339275779

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