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The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 28 and 29 in Srinagar. The 47th meeting of the GST Council will be held on June 28-29, 2022 (Tuesday Wednesday) in Srinagar, the Finance Ministers office tweeted. This is the second time that the GST Council me
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FAQ :
The 47th GST Council meeting will be held in Srinagar on June 28th and 29th.
The GST Council meeting is chaired by the Union Finance Minister, Nirmala Sitharaman.
The meeting is expected to discuss the report of the panel of State Ministers on rate rationalisation, the tax rate on casinos, race courses, and online gaming, and potential simplifications in procedures.
Currently, casinos, horse racing, and online gaming services attract an 18% GST.
The panel was set up to suggest ways to augment revenue by rationalising tax rates, review items under inverted duty structure, and review the GST exempt list.
Yes, the Council may consider modifications to the GSTR-3B form to check fake input tax credit claims and expedite the settlement of genuine ones.
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