Goods And Services Tax

FM Sitharaman Recalls Former FM On Being Asked About GST Over Petroleum

Finance Minister Nirmala Sitharaman announced that the next meeting of the Goods and Services Tax (GST) Council is tentatively scheduled for mid to late August. GST Council proposes exemption for specific services offered by Indian Railways to the general public, as well as for intra-railway transactions. The sale of platform tickets and services such as retiring rooms, waiting rooms, cloakroom facilities, and battery-operated car services are now exempt from GST. This session aims to address the pending agenda items from today's meeting. Today's GST Council meeting was marked by several key decisions aimed at easing the compliance burden and providing relief to taxpayers. 

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