GST Council recommends uniform charge of 12% on all milk cans

n order to cut back authorities litigations, the Union Finance Minister Nirmala Sitharaman on Saturday stated the GST Council has mounted a financial restrict for submitting appeals by the tax division earlier than the varied appellate authorities.

The Tax Authority would usually not go for an attraction if the financial restrict is lower than the prescribed by the GST Council.

The Council has additionally advisable that the utmost quantity for pre-deposit for submitting attraction earlier than the appellate authority be decreased from Rs 25 crore CGST and Rs 25 crore SGST to Rs 20 crore CGST and Rs 20 crore SGST, she stated.

The Finance Minister additionally knowledgeable that providers supplied by the Indian railways like sale of platform tickets, facility of retiring rooms, ready rooms, are exempted from GST.

Moreover, she stated, the Council has exempted providers by the use of hostel lodging exterior instructional establishments to tune Rs 20,000 per individual monthly.

It’s meant for college kids or working class and exemption might be availed provided that the keep is as much as 90 days, she stated.

Textual content/Video: PTI.