GST Council Meeting Starts; Key Matters on Agenda

0
22
GST Council Meeting Starts; Key Matters on Agenda


Last Updated: February 18, 2023, 12:57 IST

Union Finance Minister Nirmala Sitharaman chairs the forty ninth assembly of the GST Council, at Vigyan Bhawan, New Delhi, on Saturday. (Photo: Finance Ministry)

Union Finance Minister Nirmala Sitharaman is chairing the forty ninth assembly of the GST Council

The GST Council assembly began right here on Saturday and is prone to focus on organising of appellate tribunals, and mechanism to curb tax evasion in pan masala and gutkha enterprise, amongst different issues. Union Finance Minister Nirmala Sitharaman is chairing the forty ninth assembly of the GST Council.

“Along with the Union Finance Minister, Union Minister of State for Finance Shri @mppchaudhary, besides Finance Ministers of States & UTs (with legislature) and Senior officers from Union Government & States are also attending the meeting,” the finance ministry mentioned in a tweet.

The gadgets, which couldn’t be mentioned by the Council in its final assembly on December 17, 2022, would high the agenda of the Saturday assembly, sources mentioned. The report of the Group of Ministers (GoM), headed by Odisha finance minister Niranjan Pujari, on checking tax evasion by pan masala and gutkha business can also be prone to be taken up for dialogue, they mentioned.

A GoM on Goods and Services Tax Appellate Tribunals (GSTATs) was arrange in July final 12 months below the chairmanship of Haryana deputy chief minister Dushyant Chautala.

The GoM has prompt that the tribunals ought to encompass two judicial members, and one technical member every from the Centre and states, apart from a retired Supreme Court decide as president.

Read all of the Latest Business News right here

(This story has not been edited by News18 employees and is printed from a syndicated information company feed)



Source hyperlink