What to Expect from 31st GST Council Meeting

What to Expect from 31st GST Council Meeting

What to Expect from 31 st GST Council Meeting Below are some of the expectations from 31 st GST Council Meeting Government may make some ann

authorCA Deepak GuptadateDec 21, 2018
Last update on Dec 21, 2018

What to Expect from 31st GST Council Meeting

Below are some of the expectations from 31st GST Council Meeting

Government may make some announcement on the GST Annual Return and audit procedure in 31st GST Council meeting

At a practical level, people are finding system of getting refunds challenging; In 31st GST Council meeting Government may provide greater facilitation in the offing w.r.t. transitional credits.

It is a possibility that a few items move to a lower tax slab Rate. Also we need to have more & more products in the 18% category, so that GST rates are in line with global tax rates

GST Council may make announcement on GST Amnesty Schemein 31st GST Council meeting

As per reports there is a serious proposal on reducing work contracts service tax rate

 

The 31st GST Council meeting is to be held on 22nd December 2018 at Delhi. It will be chaired by the Finance Miniter Shri Arun Jaitley.

 

Earlier GST Council Meeting Updates

 

Key Updates on desicion taken in 30th GST Council meeting
Key Updates on desicion taken in 29th GST Council meeting
Key Updates on desicion taken in 28th GST Council meeting
Key Updates on desicion taken in 27th GST Council meeting
Key Updates on desicion taken in 26th GST Council meeting
Key Updates on desicion taken in 25th GST Council meeting
Key Updates on desicion taken in 22nd GST Council meeting

 

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