https://www.taxtmi.com/news?id=26659 Taxation policy was recommended to treat Casino, Horse Racing and Online Gaming as taxable actionable claims with a uniform tax on the full face value of chips or bets. The Council also proposed multiple targeted GST rate changes and exemptions (including specified medicines and FSMP imports), regularisation of past period treatments on several goods, and extension of satellite launch service exemptions to private entities. Administrative measures include notifying rules for the GST Appellate Tribunal, simplifying annual-return and GSTR compliance for small taxpayers, clarifications on ISD and warranty treatment, and system-based mechanisms for ITC mismatch detection and recovery. en-us Tue, 11 Jul 2023 21:31:08 +0530 Wed, 12 Jul 2023 10:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26659 Taxation policy was recommended to treat Casino, Horse Racing and Online Gaming as taxable actionable claims with a uniform tax on the full face value of chips or bets. The Council also proposed multiple targeted GST rate changes and exemptions (including specified medicines and FSMP imports), regularisation of past period treatments on several goods, and extension of satellite launch service exemptions to private entities. Administrative measures include notifying rules for the GST Appellate Tribunal, simplifying annual-return and GSTR compliance for small taxpayers, clarifications on ISD and warranty treatment, and system-based mechanisms for ITC mismatch detection and recovery. News - Tue, 11 Jul 2023 21:31:08 +0530 https://www.taxtmi.com/news?id=26659