53rd GST Council meeting: Key recommendations and decisions
The Goods and Services Tax (GST) Council held its 53rd meeting on 22 June 2024, whereinthe Council inter-alia proposed various tax-friendly measures, including an extension of theinput tax credit (ITC) timeline, conditional waiver of interest and penalty, reduction in pre-depositamount, sunset clause for anti-profiteering provisions, changes in the GST rates on goods andservices, etc. Clarifications […]
