1. GST Council to meet on September 12; ITC rules and state revenues in focus

GST Council to meet on September 12; ITC rules and state revenues in focus

Business

  • The GST Council is set to meet on September 12 in New Delhi, after a year-long gap.
  • The meeting is likely to discuss easier GST registration and audits, along with input tax credit ITC rules.
  • The Council may review GST revenue trends for states and the Centre following last year’s rate rationalisation.
  • It is also expected to review the functioning of the GST Appellate Tribunal, while the final agenda is yet to be decided.

Source: businesstoday.in

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