GST Council

GST on Zomato, Swiggy orders: Home delivery of food to get expensive? Here’s all you need to know

The 45th GST Council on Friday, September 17, approved a proposal to direct food delivery platforms such as Zomato and Swiggy to collect and pay 5% GST on food orders directly to the exchequer.

Sep 18, 2021, 10:35 AM IST

Kya sasta, kya mehnga? Check list of goods and services whose GST rates have been updated

GST council chaired by Finance Minister Nirmala Sitharaman on Friday approved several proposals put forward by the Fitment Committee.

Sep 18, 2021, 09:44 AM IST

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GST Council Meeting: COVID-medicines GST-free till 31st December, petrol-diesel not in GST

Many important decisions were taken in the meeting of the GST Council held in Delhi on Friday. After the meeting, the government announced to make many costly life-saving medicines GST free. At the same time, there was no consensus in the meeting on the issue of making petrol and diesel GST-free. Union Finance Minister Nirmala Sitharaman held a press conference after the GST Council meeting.

Sep 17, 2021, 21:26 PM IST

GST Council meeting today: Petrol to sell at Rs 75 per litre? Food delivery to get expensive? Here’s what you can expect

If the proposal gets the nod from the GST Council, then petrol is expected to sell at just Rs 75 per litre while diesel will retail at about Rs 68 per litre, according to estimates of SBI economists.

Sep 17, 2021, 10:25 AM IST

45th GST Council meeting: Concessions on COVID drugs, GST on petrol, food delivery to be discussed tomorrow

The Goods and Service Tax (GST) Council is meeting on Friday in Lucknow, Uttar Pradesh. The council chaired by Finance Minister Nirmala Sitharaman could review the GST tax rate on more than four dozen items, including petrol and online food delivery services.

Sep 16, 2021, 18:34 PM IST

GST Council meeting: States should be given the right to decide on their taxes, says Ajit Pawar

Ajit Pawar said, "Maharashtra's GST return of around Rs 32,000 crores hasn't been given to the state yet. States should be given rights to decide on their taxes."

Sep 16, 2021, 16:57 PM IST

Petrol at Rs 75 per litre, diesel at Rs 68? GST Council could discuss proposal to include fuel under GST

According to SBI economists, petrol price could ease to Rs 75 per litre if its brought under the ambit of the GST.

Sep 15, 2021, 12:34 PM IST

GST report card: Over 66 crore returns filed in 4 years, tax rates reduced and more

In a series of tweets, the ministry said GST has simplified compliance for all taxpayers and the GST Council also recommended several trade beneficial clarifications in light of the COVID-19 pandemic.

Jun 30, 2021, 14:31 PM IST

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NO tax on Black Fungus Medicines: GST Council

The GST Council has now approved the recommendations of GoM on GST rates on COVID relief material. It further agreed to stick to a 5% GST rate on the COVID-19 vaccine.

Jun 12, 2021, 16:56 PM IST

5% GST on COVID vaccines to stay, no tax on black fungus drugs

The GST Council has now approved the recommendations of GoM on GST rates on COVID relief material. It further agreed to stick to a 5% GST rate on the COVID-19 vaccine. There will be no change in the GST rate for vaccines, said Finance Minister Nirmala Sitharaman.

Jun 12, 2021, 15:39 PM IST

GST Council leaves tax rate on COVID-19 vaccines unchanged

The GST Council, which is headed by the Union Finance Minister and comprises representatives of all states and union territories, exempted levy of I-GST on import of Amphotericin-B, which is used for the treatment of black fungus. Currently, vaccines attract 5 percent GST.

May 28, 2021, 21:16 PM IST

First GST Council meet today in nearly 8 months, to discuss tax rate on COVID essentials, compensation to states

The 43rd meeting of the top decision-making body is likely to discuss a reduction in the tax rate on Covid medicines, vaccines and medical equipment as well as means to make up for the shortfall in revenues promised to states.

May 28, 2021, 10:03 AM IST

GST Council to discuss tax rate on COVID essentials, compensation to states on Friday

Ahead of the first meeting of the top decision-making body, finance ministers of eight states ruled by non-BJP and like-minded parties -- Rajasthan, Punjab, Chhattisgarh, Tamil Nadu, Maharashtra, Jharkhand, Kerala and West Bengal -- have devised a joint strategy to press for a zero tax rate on Covid essentials, sources said.

May 27, 2021, 16:00 PM IST

Reduce GST on vaccine, COVID drugs to 0 per cent, release rice subsidy: Tamil Nadu CM Stalin writes to PM Narendra Modi

Tamil Nadu Chief Minister MK Stalin on Thursday (May 13) wrote a letter to Prime Minister Narendra Modi urging to reduce GST on COVID-19 vaccines and other COVID-19 related medicines procured by state governments to 'zero' for a certain period of time after consulting with GST Council since state govt themself are procuring them, reported ANI.

May 13, 2021, 15:45 PM IST