Recommendations made by the GST Council in its 22nd Meeting held today under Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley in the national capital.

The GST Council, in its 22nd Meeting which was held today in the national capital under Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley has recommended the following facilitative changes to ease the burden of compliance on small and medium businesses:

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Changes in GST Rates for Goods and IGST Rates on Imports of Goods

As per discussions held in the 22nd GST Council Meeting held under Chairmanship of Union Finance Minister Shri Arun Jaitley on 6th October, 2017, the following changes in GST rates for certain Goods and IGST rates on Imports of specified Goods have been recommended

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Stakeholders’ consultation on exports

The Commerce & Industry Minister Shri Suresh Prabhu today held a Stakeholders’ Consultation with leading Exporters, Export Promotion Councils, Associations and Local Chambers with a view to give a fillip to the export sector.

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List of Agreements signed during 14th India-EU Summit in New Delhi (October 06, 2017)

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Following are the major highlights of the Hon’ble Supreme Court of India’s Judgement on Aadhar PAN Linkage:

1. The Hon’ble Supreme Court of India in its Landmark Judgement has upheld Section139AA of the Income Tax Act,1961 as constitutionally valid which required quoting of the Aadhaar number in applying for PAN as well as for filing of income tax returns.