Bharatmala Pariyojana

The gross GST revenue collected in September stood at Rs 1,17,010 crore, a growth of 23 per cent over the same month last year. It is also higher than last month's (August, 2021) collection of Rs 1,12,020 crore. The government has settled Rs 28,812 crore to CGST and Rs 24,140 crore to SGST from IGST as regular settlement.

It also decided to correct inverted duty structure in footwear and textile sectors while deciding to treat food delivery apps such as Zomato and Swiggy as restaurants, thereby, becoming responsible to pay 5 per cent GST on supplies made by them. However, the new system will not make meals dearer since no new tax component has been added.

It also decided to correct inverted duty structure in footwear and textile sectors while deciding to treat food delivery apps such as Zomato and Swiggy as restaurants, thereby, becoming responsible to pay 5 per cent GST on supplies made by them. However, the new system will not make meals dearer since no new tax component has been added.

Addressing the media after the conclusion of the Council's 45th meeting and the first held in a physical format after start of the Covid-19 pandemic, she said that the issue was deliberated at the meeting, after it was added to the agenda at the last moment on the back of a Kerala High Court order. The Council members did not see find the current situation appropriate to bring petroleum products under the GST.

The duty exemption and concessional rates for Covid and related medicines was applicable till September 30. Addressing the media after the conclusion of the Council's 45th meeting, and the first in a physical format after start of the Covid-19 pandemic, she said: "We have taken a few people friendly decisions...,"

As per the GST legislation, states were to be compensated by the Centre for a period of five years till July 2022 for any shortfall in revenue due to GST implementation. But as the compensation shortfall enlarged during the pandemic, the Centre has borrowed funds to provided it to states as alternate to compensation in FY 21 and more borrowings are expected in FY22.

The meeting, however, is expected to announce a few more Covid relief measures particularly on compliance matters. It will also announce a few measures to correct the inverted duty while discussing the compensation cess dues arising in 2021-22. Two other important items, including lowering of GST rates for two-wheelers and bringing natural gas into the indirect tax fold may also be included in the agenda for discussion.

Out of the total revenue collected CGST was Rs 22,197 crore, SGST was Rs 28,541 crore, IGST was Rs 57,864 crore -- including Rs 27,900 crore collected on import of goods -- and Cess was Rs 7,790 crore -- including Rs 815 crore collected on import of goods. The government has settled Rs 28,087 crore to CGST and Rs 24,100 crore to SGST from IGST as regular settlement.

Various amendments and introduction of Rules under GST in the recent past have made the taxation system much complicated and put more compliance burden on the traders. It is not alone the Central government but largely the State governments are more responsible for distorting GST taxation system and bringing disparities and anomalies in GST making it a more complex system and a big headache for the traders, said CAIT.

In his tweet, Mitra accused the Centre of completely ignoring his voice at the meet, forcing him to take the unprecedented step of recording his dissent by letter. To this, the tweet from the MoS Finance showed the details of what actually transpired at the GST Council meeting organised virtually, trashing all of Mitra's allegations while making it clear that Union Finance Minister Nirmala Sitharaman has never stifled dissent in the GST Council meetings.