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GST COUNCIL IN ACTION

Goods and Services Tax - GST - By: - Dr. Sanjiv Agarwal - Dated:- 27-9-2016 Last Replied Date:- 3-10-2016 - Consequent upon Constitution of GST Council (GSTC) in terms of article 279A of Constitution of India and Section 12 of 101st Constitutional Am .....

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atives to introduce GST in country as early as on 1st April 2017. As it is, it appears that things are in place and major decisions concerning GST may be taken as anticipated to ensure that GST see the light of the day on 1st April 2017, barring unfo .....

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ing- The GST Council agreed on exemption thresholds: Exemption from GST for annual turnover less than ₹ 20 lakh for rest of India, Exemption from GST for annual turnover less than ₹ 10 lakh for North Eastern and hill states. Dual control .....

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.1 million service taxpayers) and new GST assessees with annual turnover up to ₹ 1.5 crore will be shared with state authorities after due training . Agreement to subsume all cesses into the new tax. Adopted a cross-empowerment model for tax ad .....

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