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GST Council Meet: A big decision was also taken in the interest of students in the GST Council meeting held on Saturday 22 June. The council said that now any educational institution providing hostel facility outside the campus will not have to pay GST. However, the condition will be that the upper limit of per capita fee is Rs. 20 thousand and the student has to stay in the hostel for 90 consecutive days. Let us tell you that hostel facilities within the campus were already GST free.
Giving information about this decision, Union Finance Minister Nirmala Sitharaman said that students who do not live in educational institutions, that is, students who do not live in educational institutions, are also being given this concession. If they are inside educational institutions, then they already have exemption. She said that this exemption is for students as well as working class people.
Notice issued to taxpayers paying less than 2% GST: Sitharaman
Finance Minister Nirmala Sitharaman said that the Central GST That is, out of the total 58.62 lakh taxpayers under CGST, less than 2 percent have been sent tax notices. She said that the government wants to make life easier for GST taxpayers by reducing compliance requirements. She said, “I assure taxpayers that our goal is to make the life of GST taxpayers easier, we are working towards minimum compliance.”
GST Addressing the media after the Council meeting, he said that only 1.96 per cent of all active taxpayers have been sent notices by the Central GST on behalf of the CGST.
The next meeting of the GST Council will be held in August
GST The next meeting of the Council will now be held in August. The 53rd meeting of the GST Council was held on Saturday under the chairmanship of Union Finance Minister Nirmala Sitharaman. This was the first meeting of the GST Council in the third term of the Modi government. Earlier, the last meeting of the GST Council was held about 8 months ago in October 2023.