ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Law Review Committee to take final view on GST suggestions

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Law Review Committee to take final view on GST suggestions
The advisory group submitted its recommendations on Tuesday, a Finance Ministry release said here. Photo of Guwahati GST Council meet. Image Source: IANS

The recommendations of an advisory group on the Goods and Services Tax (GST) have been referred to the Law Review Committee for a final view on the matter, an official said on Friday.

The advisory group submitted its recommendations on Tuesday, a Finance Ministry release said here.

"The recommendations of the Advisory Group have been referred to the Law Review Committee, consisting of senior officers of the Central and the state governments, which, in turn, will examine these recommendations and take a final view," it said.

The next meeting of the Law Review Committee is slated for December 13-14.

The Committee and its advisory group were both constituted on November 2, following a decision taken at the 23rd meeting of the GST Council.

The advisory group is headed by a retired government official and consists of representatives from Laghu Udyog Bharti, Federation of Indian Export Organisations (FIEO), Confederation of All India Traders (CAIT) as well as private law and tax practitioners.

According to CAIT General Secretary and advisory group member, Praveen Khandelwal, the panel has recommended several changes in the GST regime with a view to simplifying procedures and ensuring automatic refund of taxes.

Some of the recommendations by the group include automation of refund process, simplification and rationalisation of procedures, allowing revision in returns, and setting up a National Advance Ruling Authority, Khandelwal said.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
GSTGoods and Services taxGST LAWLaw Review CommitteeEconomy
Written By: IANS
Updated: Sat, Dec 09, 2017
09:32 am
IANS
RELATED NEWS
GST Council to meet on February 18 GST Council to meet on February 18
Nifty50 in seventh heaven! Here’s look back on benchmark index’s journey in top 10 highlights – will the dream continue? Nifty50 in seventh heaven! Here’s look back on benchmark index’s journey in top 10 highlights – will the dream continue?
December GST revenue collections up 15% YoY to Rs 1,49,507 December GST revenue collections up 15% YoY to Rs 1,49,507
GST compensation: Government clears the air on amount pending to states GST compensation: Government clears the air on amount pending to states
Group of ministers submit GST report on online gaming, casinos to FM Nirmala Sitharaman Group of ministers submit GST report on online gaming, casinos to FM Nirmala Sitharaman

LATEST NEWS

Turkey, Syria Earthquake: Powerful quake kills more than 1,300 people

PM unveils India's biggest helicopter manufacturing facility in Tumakuru

Patanjali Foods shares looking at 17 per cent upside after spate of corrections: Analyst — Check target price

What are green bonds? Sebi releases Dos and don’ts for green debt securities

Q3 Results 2023: Tata Steel reports Rs 2,502 crore net loss; SJVN net up 22%, P&G profit dips

Delhi MCD Mayor Election 2023: House adjourned without electing mayor for third time in a month, AAP to move Supreme Court

Grammy Awards 2023: Full list of winners in top categories

Bank of Baroda shares surge post strong Q3 numbers; brokerages see up to 35% upside

This messaging app is now offering real-time message translation - Here's how to use

View: Budget 2023 reinforces India’s commitment to long-term sustainability by doubling down domestic manufacturing of EVs, batteries

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV