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LIVE! BRICS Summit: GST Council Meet Rescheduled to Oct 7 - Rediff.com India News
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4 Articles
GST Council meeting likely to be postponed, say sources
The 57th GST Council meeting, scheduled for September 12, is likely to be postponed, with a final decision expected after consultations with states. The meeting was set to discuss several ease-of-doing-business measures, including protecting buyers ITC when suppliers fail to deposit GST, simplifying taxation of corporate guarantees, allowing ITC on certain employee-related expenses and enabling small businesses to obtain GST registrations across multiple states.
·India
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Due to the BRICS Summit, the 57th meeting of the GST Council is being postponed from September to October. Sources suggest that October 7th could be the new date, while a final decision will be made after discussions with the states.
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