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13th GST Council Meeting: Important Takeaways

Goods and Services Tax - GST - By: - Bimal jain - Dated:- 3-4-2017 Last Replied Date:- 30-12-1899 - Dear Professional Colleague, The prospects of rollout of the Goods and Services Tax (GST) from July 1, 2017 has been brightened further, when the all- .....

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uncil meet on March 31, 2017, the gist of the key takeaways from the meeting of the GST Council are as under: Five set of Draft Rules originally approved to be altered in consonance with the GST legislations: Earlier, the GST Council finalized five s .....

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to be partly amended and altered to bring them in conformity with the provision of the Act . Nod to another four sets of Draft Rules Now, it also gave its tentative nod to four more sets of Draft Rules dealing with GST Input Tax Credit, Valuation, Tr .....

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eting. Final approval to these 4 Draft Rules and rate structure to be taken up in next meeting: The Hon ble Finance Minister said that The next meeting will be held on 18-19 May in Srinagar where besides these rules which will be given final approval .....

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