Atishi said that due to the opposition by Delhi and Punjab governments in the 54th GST Council meeting regarding the tax on research grants, the same will now be exempted from the GST.
Another key announcement that the minister made is that now hostels which are for students but are not in educational institutions are also getting exempted.
This will be held after eight-and-a-half months since its last meeting, the Finance Ministry said on Thursday.
The metal industry has been seeking that 18 per cent GST levied on steel scrap should be shifted to a reverse charge mechanism (RCM) basis.
The court observed that 'recommendations' of the GST Council are the product of a collaborative dialogue involving the Union and states and they are recommendatory in nature.
Sanitary napkins are taxed 12 per cent tax under the one-year old GST regime, which attracted serious criticism from various quarters.
The 26th GST Council meeting held on Saturday decided that the e-way bill will be implemented from 1 April for inter-state movement of…
The Delhi High Court on Wednesday questioned the central government’s decision to impose 12 per cent tax on sanitary napkins…
The Delhi government has organised a traders’meet on GST this Tuesday, where Chief Minister Arvind Kejriwal will meet around 250…
Thanking Prime Minister Narendra Modi and Finance Minister Arun Jaitley for addressing exporters’ issues in the GST Council meeting, Commerce…
