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GST council meeting Postponed

The 36th GST council meeting which was going to be held through video conferencing on 25th July has been postponed as Finance Minister was pre-occupied in Parliament for discussion amendments regarding the Insolevncy and Bankruptcy Code.

Read more: https://capage.in/ibbi-amends-insolvency-and-bankruptcy-board-of-india-insolvency-professionals-regulations-2016/

The meeting has to decide the reducing the GST rates from 12% to 5% on Electric vehicles.

Also read: https://capage.in/gst-council-to-decide-to-reduce-tax-on-electric-vehicle-ev-this-week/

It was also to consider extending the last date for enrolling under alternate composition scheme for service providers. The last date as of now is July 31.

However, new date of council meeting is yet to be decided.

 

Author: Niranjan Reddy

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