GST Council to decide on simplified GST return in July 21 meet: Goyal
New Delhi, July 12 : The GST Council will discuss ease of filing returns, ease of assessment and may also consider further rationalisation of tax rates in its upcoming meeting on July 21, Finance Minister Piyush Goyal said on Thursday.
He said the Goods and Services Tax (GST) Council had been responsive to industry demands and it will take the final call on further tax rate rationalisation based on achieving the right balance with revenue.
"The GST Council has already reduced rates on 328 items... there may be further rate reduction where there is a meritorious reason. It has to be in balance with revenue consideration," Goyal told reporters here.
According to the government data, revenue collection under GST in June crossed Rs 95,000 crore, higher than the average monthly collection of Rs 89,885 crore during 2017-18.
During the upcoming meeting, the Council is also expected to take a call on the simplified return filing process based on recommendations of the committee headed by Bihar Deputy Chief Minister Sushil Modi.
Finance Secretary Hasmukh Adhia had earlier said that GST had now entered a "smooth phase" with good tax compliance and that the priority of the government would now be simplification of tax return forms.
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AIMPLB criticises JPC's approach on Waqf Amendment Bill, calls for adherence to guidelines
New Delhi: The All India Muslim Personal Law Board (AIMPLB) has raised serious concerns over alleged procedural violations by the Joint Parliamentary Committee (JPC) reviewing the Waqf Amendment Bill 2024. AIMPLB spokesperson Dr. SQR Ilyas criticised the JPC's approach, describing it as a "transgression of principles" and a breach of constitutional norms.
Dr. Ilyas stated that the JPC should limit consultations to stakeholders directly associated with Waqf matters. However, he claimed the committee is seeking input from organisations that lack relevance, including Central Ministries, the Archaeological Survey of India (ASI), and groups aligned with the RSS.
In recent developments, six opposition members wrote to the Lok Sabha Speaker, expressing dissatisfaction with JPC Chairperson Jagdambika Pal’s conduct, which they allege has hindered fair discussions. This follows an earlier letter by opposition members condemning the chairman's behaviour.
The AIMPLB has demanded that the committee consider objections from AIMPLB and other recognised Muslim organisations, while excluding entities unrelated to Waqf issues. It also urged the JPC to refrain from rushing its report and to follow due process, ensuring thorough debate among members before submission.
