Quick Summary
The 54th GST Council meeting is set for September 9 in New Delhi, with a packed agenda addressing key issues across multiple industries. According to sources, the Council may consider providing relief to foreign airlines operating in India through branch offices. The GST Council's fitment committee
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FAQ :
The 54th GST Council meeting is scheduled for September 9th in New Delhi.
The Council may consider exempting the import of services by foreign airline head offices abroad when received without consideration, potentially regularising past demands and offering relief from significant GST claims.
The Council is expected to clarify the GST rate on snacks and namkeen, with a likely recommendation for a 12% GST rate on extruded snacks moving forward and treating past periods at 18%.
The Council may exempt GST on grants and donations received by universities and research institutions.
The Council previously decided to impose a 28% GST rate on online gaming, casinos, and horse racing from October 1, 2023. Clarity on past demands may be deferred.
The fitment committee is not expected to recommend exempting GST on EV charging services or reducing GST on the manufacturing of EV components like Li-ion cells.
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