GST Council meet today: Tax on online gaming, ITC claims among key matters on agenda
GST Council is likely to take a final call on the recommendation of the Law Committee in its 50th meeting on Tuesday.
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GST Council is likely to take a final call on the recommendation of the Law Committee in its 50th meeting on Tuesday.
The Council is also likely to clarify on GST rates applicable on food and beverages sold in multiplexes, exempt GST on import of cancer drug Dinutuximab, and Food for Special Medical Purposes (FSMP) used in the treatment of rare diseases.
The 50th GST Council meeting started on Tuesday and is likely to deliberate on a host of issues including taxation of online gaming, definition of utility vehicles and tightening of norms for registration and claiming of ITC. At the beginning of the meeting taking place in the national capital, Finance Minister Nirmala Sitharaman released a short film titled 'GST Council - 50 steps towards a journey'.
The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, is expected to discuss the report of the Group of Ministers on online gaming, horse racing and casinos.
At the beginning of the meeting taking place in the national capital, Finance Minister Nirmala Sitharaman released a short film titled 'GST Council - 50 steps towards a journey'.