You can watch Arun Jaitley speak live here Arun Jaitley says, "3B Returns filing may continue and suppliers may contine to load invoices." Finance Minister Arun Jaitley is now addressing the media GST Council meeting ends. Rs 35,000 cr of IGST will go equally to centre & states, says Jammu & Kashmir FM Some of the goods and services will be moved from the 27% bracket to 18%.
Finance Minister Arun Jaitley chaired the 25th meeting of the Goods and Services Tax (GST) Council in New Delhi on Thursday.
A key agenda for the meeting will be to deliberate on reasons for the fall in GST revenue collection, flagged as a major matter of concern for the finance ministry.
Apart from this, the GST council is likely to review the preparedness of GST Network (GSTN) in handling the return filing process.
The GST Council in its 24th meeting approved the inter-state e-way bill compliance, to be effective from February 1, and compulsory intra-state e-way bill compliance effective June 1.
Ahead of the Union Budget, Jaitley will also hold a pre-budget meeting with the state finance ministers.
Ahead of the Union Budget, Jaitley will also hold a pre-budget meeting with the state finance ministers.
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