54th GST Council Meeting on 9 Sept in New Delhi discusses rate rationalization, compliance measures, and ITC reforms.
54th GST Council Meeting scheduled for September 9 in New Delhi will address rate rationalisation, compliance measures, and ITC reforms. The last meeting in June saw recommendations on taxation, ITC claims, and demand notices, including a uniform 12% rate on all milk cans and waiving interest on penalties on tax demand notices. The Council aims to address tax base expansion, dispute resolution, and rate revision in line with current economic conditions.
August 12, 2024
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