The 48th GST Council Meeting is said to be scheduled in the next week i.e. on December 17, 2022. It is a crucial one as it might be the last GST council meeting of this year and a final gathering before the Union Budget 2023. Experts are presuming that in addition to discussing tax rate modifications on various commodities, the Council is anticipated to debate reports about a GST fee on online gambling and the creation of an Appellate Tribunal.
The 47th GST Council Meeting witnessed a bunch of major decisions taken related to rates, withdrawal of exemptions GST Appellate Tribunals among other significant changes. Let us understand the expectations from the upcoming 48th GST Council Meeting: ..
Source: irisgst.com
Latest Posts in "India"
- Understanding GST Vouchers: Classification, Tax Implications, and Key Distinctions from Discounts and Services
- IMF Economist Urges India to Adopt Single GST Rate and Direct Revenue Redistribution to Citizens
- BJD Urges Odisha Government to Cut VAT on Petrol, Diesel Amid Global Fuel Crisis Concerns
- Strategic Management of GST Credit Notes: Compliance, Timing, and Tax Implications for Finance Leaders
- Himachal Pradesh Assembly Approves VAT Bill, Permits Up to ₹5 Cess on Petrol, Diesel
