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

Rohit Sharma should change his tactics, be more attacking batting at No. 6: Ravi Shastri

Joe Root returns to England’s ODI squad for India tour, Champions Trophy; Ahmed in T20Is

Delhi Police identifies 175 people in verification drive against illegal Bangladeshi immigrants

We have evidence of BJP MLC Ravi using invective inside K’taka Legislative Council: CM Siddaramaiah

Maintain strong relations with all community outfits, don’t oppose their views: Cong’s Chennithala

SC asks HC, Maharashtra govt to evolve mechanism to ensure production of accused before trial courts

7 Indians among around 200 injured in German Christmas market attack

Related Articles More

RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm

Front-running case: Sebi bans 9 entities from market , impounds illegal gains of over Rs 21 crore

Global trends, FIIs’ move to dictate trends in markets in holiday-shortened week: Analysts

GST Council postpones decision to cut tax on insurance, rate panel defers report submission

GST Council meet to decide on lower taxes on insurance policies, ATF inclusion

MUST WATCH

Tulunadu Daivaradane

Feeding Birds with Creative Paddy Art!

Areca Nut

HOTEL SRI DURGA BHAVANA

Harish Poonja


Latest Additions

Rohit Sharma should change his tactics, be more attacking batting at No. 6: Ravi Shastri

Joe Root returns to England’s ODI squad for India tour, Champions Trophy; Ahmed in T20Is

INX Media case: Delhi court allows Congress MP Karti Chidambaram to travel abroad

Take steps to establish NIMHANS and diabetology units in Kalaburagi and Mysuru: CM Siddaramaiah

PM Modi receives Kuwait’s highest honour

Thanks for visiting Udayavani

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