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50th GST Council Meeting: Tax Rates, Appellate Tribunal & Compliance Measures

Recommendations of 50th meeting of GST Council

  • GST Council recommends Casino, Horse Racing and Online gaming to be taxed at the uniform rate of 28% on full face value
  • GST Council recommends notification of GST Appellate Tribunal by the Centre with effect from 01.08.2023
  • GST Council recommends exemption of cancer-related drugs, medicines for rare diseases and food products for special medical purposes from
  • GST tax Recommends bringing down rates from 18 percent to 5 percent on 4 items – Uncooked, unfried & extruded snack palettes, fish soluble paste, LD slag to be at par with blast furnace slag, and imitation zari thread
  • GST Council also recommends several measures for streamlining compliances in GST

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