Key decisions in GST Council Meeting on 22nd December.discussion

591
Key decisions in GST Council Meeting on 22nd December.discussion

Key decisions in GST Council Meeting on 22nd December.discussion

1. Slimming of the 28% GST Slab-

 a) Cement is expected to move down from 28% to 18%

.b) Computer Monitor

.c) Power Banks.

d) Third Party Vehicle Insurance

e) Automobile Tyres.

2. Rate Cuts in the Housing Sector- GST rates for real estate to be brought down from 12% to 8%.

3. Further simplifying the Annual Returns i.e. Form GSTR 9.

4. Driving the completely online refunds process.

5. Decision to be taken on introducing Sugar Cess and Exigency / Disaster Cess based on the reports submitted by the sub-committees formed for analysing the same.

6. Deliberations on bringing Petrol and Diesel in the GST fold.

LEAVE A REPLY

Please enter your comment!
Please enter your name here