ARTICLE · 19 JULY 2023

Update On GST Council Meeting Held On July 11, 2023

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The 50th Goods and Services Tax ("GST") council meeting was held in New Delhi, on July 11, 2023, under the chairpersonship of the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman.

IndiaTax

Shashi Mathews

Rajitha Nair

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1. INTRODUCTION

The 50th Goods and Services Tax ("GST") council meeting was held in New Delhi, on July 11, 2023, under the chairpersonship of the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman. Marking the milestone of the 50th meeting of the GST council, the chairperson released a short video titled 'GST Council-50 steps towards a journey' depicting the journey of the GST Council. In addition, to mark this occasion, the first set of special cover and customized 'My stamp' was also presented by the Chief Postmaster General, Delhi.

The GST council has made several recommendations including; changes in GST rates for some products, measures for facilitation of trade and streamlining compliances in GST. We have provided a summary of the key recommendations along with our comments below:

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Update On GST Council Meeting Held On July 11, 2023

1. INTRODUCTION

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