Tax alert: Recommendations of GST Council at 54th meeting held on 9 September has been saved
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Tax alert: Recommendations of GST Council at 54th meeting held on 9 September
11 September 2024
The Goods and Services Tax (the “GST”) Council vide the meeting held on 9 September 2024 recommended amendments to the GST law entailing rate rationalisation, clarifications on various issues, procedures, and mechanisms to claim amnesty benefits, thereby facilitating the trade.
Discussions held during the Council’s meeting are reflective of the Government’s proactive stance in deliberating various issues and resolving concerns highlighted by trade.
The Council’s announcements are in line with the Government’s efforts in promoting ease of doing business in India.