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GST Council Meet 2023 Live : The 52nd meeting of the GST council will take place in the capital city, as announced in a social media post by the council. However, the post did not disclose the precise topics or agenda for the meeting.
GST council meeting: A range of key issues are expected to be discussed, including reduction in GST rates for millet flour food preparations, clarification on the taxation of data centers, approval of a proposal for millet flour with over 70 percent content, and discussions on corporate and bank guarantees.
The GST Council chaired by Finance Minister Nirmala Sitharaman on Saturday approved to exempt the extra neutral alcohol (ENA) (both grain-based and molasses-based ENA) from GST when supplied for the manufacture of alcoholic liquors.
The Council also reduced the GST on branded, pre-packaged and labelled millet-based flour to 5% from 18%
GST on millet: The GST council is likely to remove 18 percent levy on millet flour preparations, which contain at least 70 percent of the traditional grains by weight, if sold in other than pre-packaged and labelled form.