The upcoming GST Council meeting is expected to address various issues, including a review of the 28% GST on online gaming, an amnesty scheme for tax disputes, and pre-Budget discussions. The meeting may not reduce the tax on online gaming but could provide clarifications. The agenda is yet to be finalized, and the Council may also discuss lowering the pre-deposit tax rate to 7.5%. Businesses are urging the Council to prioritize the amnesty scheme to clear tax disputes and reduce the burden of court cases. Additionally, the Council may clarify the GST treatment on foreign airlines and shipping lines, addressing the tax notices received by many of them.
Source A2ztaxcorp
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