Recommendations of 47th Meeting of GST Council: Press Release
- Blog|News|GST & Customs|
- < 1 minute
- By Taxmann
- |
- Last Updated on 30 June, 2022
Latest from Taxmann
Press Release Dated June 29th, 2022
The 47th Meeting of GST Council held at Chandigarh on 28th & 29th June was chaired by the Union Finance Minister Nirmala Sitharaman. The GST Council has made several recommendations relating to changes in GST rates on supply of goods and services and changes related to GST law and procedure. The rate changes recommended by the 47th GST Council will be made effective from 18th July, 2022.
Key Recommendations of 47th GST Council Meeting:
• Group of Ministers (GoM) on Casino, Race Course and Online Gaming to re-examine the issues based on further inputs from States and submit its report within a short duration.
• GoM to be constituted to address various concerns raised by the States on GST Appellate Tribunal and amendments in CGST Act.
• GoM on IT Reforms, inter alia, recommended that the GSTN should put in place the AI/ML based mechanism.
• All rate changes recommended by the 47th GST Council will be made effective from 18th July, 2022.
Click Here To Read The Full Press Release
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
