Looking for the updates of the 30th GST Council Meeting? Here are the most important.
The state proposed the imposition of cess on SGST for the purpose of rehabilitation another flood-related works.
The GST Council decided to constitute a GoM i.e. a Group of Ministers consisting of 7 members, who would devise plans to help distressed states during a calamity. The GoM will take care of the issues related to “Modalities for Revenue Mobilization in case of Natural Calamities and Disasters”. The report to be submitted by 31st October 2018 by the GoM.
It was brought into notice that GST collections in the northeastern region went beyond expectations. A research panel to be set to conduct further research on the same.
Hope this article was helpful. Refer to the topics discussed in the 29th GST council meeting.
About EbizFiling.com:
EbizFiling.com is a motivated and progressive firm managed by like-minded people. It helps a variety of small, medium and large businesses to cater to all compliance requirements of Indian Laws.
Get in touch for a free consultation on info@ebizfiling.com or call 9643203209.
Income Tax Department Cracks Down on Fake Party Fraud Introduction The has intensified scrutiny on income tax returns that show…
GSTR-5A Explained: What It Is and Why It Matters? Introduction When people hear the word GST, they usually assume it…
What is UDIN? Everything You Need to Know About UDIN Number Begin with, If you have ever submitted a document…
Essential compliance knowledge every startup coach should know Introduction Startup coaches and mentors play a powerful role in a founder’s…
How can mentors add value by simplifying legal jargon? To Begin with, At some point in every startup journey, legal…
Should incubators guide founders on cross-border company setup? To Start with, Startup incubators today do much more than provide office…
Leave a Comment