new Delhi. The GST Council meeting was held on Saturday under the chairmanship of Union Finance Minister Nirmala Sitharaman. In which many big officers of the Finance Department participated. The aim of this meeting was to change the tax levied on various items. There was a possibility of changing the tax on products like gutkha, pana and spices. This was the 48th GST Council meeting chaired by the Finance Minister, which has now been concluded. In this meeting, it has been decided not to increase the tax on any products while retaining the old tax slabs. Let me tell you, earlier it was recommended to impose tax on 38 products from the Finance Minister. Come, in the next report, we tell you in detail about the various decisions taken in the meeting.
Nirmala Sitharaman chairs 48th GST Council meeting; no tax increase on any item
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Let us tell you, a total of 15 agenda items were included in the 48th meeting of the GST Council. Right now only 8 agendas have been discussed. In the meeting, discussions were held on the laws made regarding GST, taxes on Gutkha, Paana and other products. But, how fruitful this discussion turned out to be. This is a matter of discussion. There was also discussion on changing the laws relating to GST. At the same time, after the conclusion of the meeting of the GST Council, the Revenue Secretary said, ‘The tax on husk of pulses has been reduced from 5 percent. Apart from this, it has been decided to decriminalize some offences.
Along with this, Union Finance Minister Nirmala Sitaran said in the press conference that, ‘So far no concrete decision has been taken on the formation of GST Tribunal. Along with this, a decision has not been taken on the prescribed taxes on many other products. At the same time, the Finance Minister has also made it clear at the end of the meeting that there will not be any increase in the tax levied on any products, which is a relief for one group on the economic front, while for the other group. The blow is believed to be. However, now what decision will be taken by the Finance Minister regarding GST in the coming days. Everyone’s eyes will be fixed on this.