GST Council agrees to decriminalise certain offences, doubles limit for launching prosecution to Rs 2 cr


PTI, Dec 17, 2022, 2:55 PM IST

The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.

The Council could decide on only 8 out of the 15 agenda items due to paucity of time, Finance Minister Nirmala Sitharaman said, adding the items not considered included one pertaining to setting up of appellate tribunals for GST. The issue of mechanism to curb tax evasion in pan masala and gutkha businesses could also not be taken up.

Malhotra said GST on online gaming and casinos was not discussed as the report of a Group of Ministers (GoM), chaired by Meghalaya Chief Minister Conrad Sangma, on the issue submitted its report only a couple of days back. The report of the GoM was not even circulated to GST Council members, he added. He further said the Council agreed to raise the threshold of launching prosecution to Rs 2 crore from the present Rs 1 crore.

Also, the GST on husk of pulses was reduced to nil from 5 per cent.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

PM Modi congratulates Nitu, Saweety on winning world c’ships boxing golds

Double Delight: Nitu, Saweety crowned world champions

I have planned a special delivery for this IPL: Shivam Mavi

Boxing: Nitu Ghanghas becomes world champion

Kaup: Two killed in tanker-motorbike collision at Muloor

PM makes a strong pitch for return of BJP govt at major rally in poll-bound Karnataka

Mangaluru: Officer for monitoring electoral malpractices appointed


Related Articles More

PM Modi launches RuPay National Common Mobility Card for Bengaluru Metro

RBI’s MPC to meet 6 times next fiscal, starting April

NSE to roll back 6 pc hike in transaction charges from April 1

RBI central board discusses global, domestic economic situation

Individual taxpayers with income marginally over Rs 7 lakh to get relief under new tax regime

MUST WATCH

Mount Everest Story with Sunil Nataraj

World’s Most endangered animals

Mount Everest Story with Sunil Nataraj part 3

Remembering Puneeth Rajkumar

THE INCREDIBLE MONKEY MAN KOTHI RAJ


Latest Additions

PM Modi congratulates Nitu, Saweety on winning world c’ships boxing golds

‘The Hunger Games: The Ballad of Songbirds and Snakes’ to release in India in November

Double Delight: Nitu, Saweety crowned world champions

Amit Shah to attend slew of programmes in poll-bound Karnataka on Sunday

PM Modi launches RuPay National Common Mobility Card for Bengaluru Metro

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.