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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>GST Council Meeting Sets Uniform 28% Lottery Tax, Approves Land Lease Exemptions, Proposes CGST Act Amendments.</h1> The 38th GST Council Meeting on December 18, 2019, chaired by the Union Finance Minister, discussed several key issues. The Council confirmed the minutes of the previous meeting with amendments and addressed GST concerns on lotteries, deciding on a uniform 28% tax rate effective March 1, 2020. Revenue augmentation was a major focus, with recommendations for improving compliance and analyzing GST collections from various sectors. The Council also approved exemptions for long-term land leases for industrial development and discussed issues related to real estate and tax rates on specific goods. Amendments to the CGST Act, including procedural changes for non-filers, were proposed, and the establishment of a Public Grievance Redressal Committee was approved. The meeting concluded with discussions on future agenda items and procedural improvements.
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