21st GST Council Meeting To Be Held In Hyd On Sep 9:- A senior official in Telangana government said that the next GST Council meeting is scheduled to be held in Hyderabad on September 9.

Since the launch of the Goods and Services Tax (GST) on July 1, this will be the third meeting of the council and the 21st since it was set up in September last year.

“The meeting will be held in Hyderabad. Union Finance Minister Arun Jaitley will be heading the meeting. The agenda will be fixed soon,” the official said. “Our (Telangana) government is going to raise the issue of tax concession for government projects, besides other subjects such as concession for Beedi industry and granite,” he said.

Finance Minister Mr. Arun Jaitley will chair the meeting and will have state finance ministers as members. Various contentious issues have been ironed out by the council over the past 10 months and decided on a four-tier tax structure of 5, 12, 18 and 28 per cent. Meanwhile, under the GST, as many as 1.96 lakh vendors have enrolled out of 2.16 lakh VAT registrations in the State, and the migration was smooth, said the official.

(Image source: Nagpurtoday.in)

“The remaining are basically those who have the turnover below Rs 20 lakh,” the official said. He further added that the deadline for filing returns for the month of July has been extended up to August 25. And the traders will be allowed to file their returns till September 5, under certain circumstances.

SUPRAJA