The Supreme Court on Thursday upheld the Gujarat High Court s verdict that quashed the levy of Integrated GST (IGST) on the importers on ocean freight under reverse charge. The apex court ruled that the recommendations of the Goods and Services Tax (GST) Council are not binding on the Centre and sta
Union Finance Minister Nirmala Sitharaman on Tuesday said that the GST Council should not be politicised as it is a body in which every finance minister from every state sits and decides on how the disbursements happen.
The revision in rates of over 50 goods and services along with a discussion on bringing petro products like petrol, diesel and aviation fuel under the ambit of a nationwide tax are on the agenda of GST Council meeting