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Centre, states headed for another showdown at GST Council meeting on Monday

The Centre and Opposition-ruled states are going to face-off against one another on12th October, 2020 in GST Council meeting to settle the issue of...

Pending compensation dues to be a thorny issue at GST meet tomorrow

For the 42nd GST Council meeting, the issue of pending compensation dues to the tune of over Rs 2 lakh crore is going to...

GST Council meeting postponed to October 5: Sources

The 42nd GST Council meeting has been postponed to October 5, said one of the sources. The issue of GST compensation would be taken...

GST Council meeting: Centre places two borrowing options for states to meet GST revenue shortfall

The Centre has offered two borrowing options to states for the shortfall in GST Compensation which includes a special window to directly raise finances...

Karnataka urges Centre to compensate for GST revenue loss

Karnataka had urged to the Centre to compensate for the GST revenue loss due to COVID-19 induced lockdown and floods in the state. The...

GST Council may correct rate anomaly on March 14

If GST Council decides to correct certain duty structures on Mobile phones, textiles and few other goods.  Due to imbalances in tax structures, the...

GST Council will revise rates yearly, says FM Sitharaman

Finance Minister said that the Government will move away from the frequent rate revisions to remove ‘uncertainty’ for businesses and the government and will...

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