GST Council taken 918 decisions in 31 meetings

By | January 4, 2019
(Last Updated On: January 4, 2019)

Ministry of Finance

GST Council

Posted On: 04 JAN 2019

[Refer All GST Council Meeting Decisions ]

The GST Council has met 31 times so far. Till the 30th GST Council Meeting, a total of 918 decisions have been taken and 294 notifications have been issued by the Central Government. In the 31st GST Council Meeting held on 22nd December, 2018, a total of 29 decisions were taken which have been implemented through the issuance of the requisite notifications and Circulars.

        Based on the representations received from various stake holders, including trade and industry, certain amendments were recommended by the GST Council. Consequently, the Central Goods and Services Tax (Amendment) Act, 2018, the Union Territory Goods and Services Tax (Amendment) Act, 2018, the Goods and Services Tax (Compensation to States) Amendment Act, 2018 and the Integrated Goods and Services Tax (Amendment) Act, 2018 received the assent of the Hon’ble President of India on 29.08.2018. The GST Council i n its 31st meeting held on 22nd December, 2018 decided that the said amendment Acts would be brought into force with effect from 1st February, 2019.

       The details of rationalization of GST rates on services are as under:

Sl.GST Council Meeting Gist   of   Rate   Changes   ofDate  of  Implementation  (by
No.    Servicesway of Notification)
    
120th  Meeting dated 5th  August,GST rate was reduced on total22-08-2017
 2017   10 group of services 
       
221stMeetingdated9thGST rate was reduced on total 421-09-2017 and 22-09-2017
 September, 2017  group of services 
       
322ndMeeting,dated6thGST rate was reduced on total 2113-10-2017
 October, 2018  group of services 
       
423rdMeeting,dated10thGST rate was reduced on total 314-11-2017
 November, 2018  group of services 
       
525thMeeting,dated18thGST rate was reduced on total 3425-01-2018
 January, 2018  group of services 
    
628th  Meeting, dated 21st  July,GST rate was reduced on total 1627-07-2018
 2018   group of services 
       
731stMeetingdated22ndGST rate was reduced on total 801-01-2019
 December, 2018  group of services 
       

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha today.

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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