The 54th GST Council meeting, scheduled for September 9, 2024, will address significant issues including the taxation of online gaming and measures against fake GST registrations. Chaired by the Union Finance Minister, the council will also review reports on GST rate rationalisation and real estate. Discussions will cover the 28% GST on online gaming entry bets, offshore platform compliance, and the ongoing nationwide drive to identify and remove fraudulent GST registrations.
The upcoming 54th GST Council meeting on September 9, 2024, will focus on key issues such as the taxation of online gaming, ongoing efforts against fake GST registrations, and amendments under the Finance Act, 2024. Chaired by Union Finance Minister Nirmala Sitharaman, the Council will also review r
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited News Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
BEST VALUE
2 YEAR PLAN
3,499
(Excl. of GST ₹629)
1 YEAR PLAN
1,999
(Excl. of GST ₹359)
3 MONTHS PLAN
999
(Excl of GST ₹179)
View all CCI PRO benfits
Already a PRO member?
Login here
for an ad-free experience.
FAQ :
The 54th GST Council meeting will take place on September 9, 2024.
A 28% GST is applied to the entry-level bets for online gaming since October 1, 2023.
The drive aims to identify and eliminate suspicious GSTINs and fake entities engaged in tax evasion.
The amnesty scheme offers relief to taxpayers with demand notices for the first three GST years, provided the tax is paid by March 2025.
The Council will review reports from a Group of Ministers on GST rate rationalisation, which is expected to suggest minimal changes to the current tax slabs.