{"id":2264,"date":"2020-03-14T19:12:09","date_gmt":"2020-03-14T13:42:09","guid":{"rendered":"http:\/\/cacube.in\/?p=2264"},"modified":"2024-07-14T13:20:51","modified_gmt":"2024-07-14T07:50:51","slug":"gst-39th-council-meeting-update-gst-on-mobile-phone-and-parts-increased-to-18-and-deadline-for-gst-filing-extended","status":"publish","type":"post","link":"https:\/\/cacube.in\/?p=2264","title":{"rendered":"GST 39th Council Meeting Update:- GST on mobile phone and parts increased to 18% and Deadline for GST filing extended."},"content":{"rendered":"

39th Meeting of GST council held in New Delhi today. Some of highlights are given below:-.<\/p>\n

    \n
  1. It was decided to raise the GST rate on mobile phones and specific parts to 18% form 12%.<\/li>\n
  2. A completely enhanced capacity with better system of GSTN will be made available by July 2020, instead of Jan 2021.<\/li>\n
  3. It was decided to reduce the GST rate on MRO services in respect of aircraft from 18 per cent to 5 per cent with full ITC.<\/li>\n
  4. It was decided that GST Rate on matchsticks (man-made or machine made) will be 12% for both types.<\/li>\n
  5. The council has decided to extend the deadline for filing the GST9R and GSTR9C for FY 18-19 till June 30 from March 31.<\/li>\n
  6. The council decided not to levy Late fees for the delayed filing of the annual return & reconciliation statement for 2017-18 & 2018-19 for taxpayers with aggregate turnover less than Rs 2 crore.<\/li>\n
  7. Turnover limit for mandatorily filing of GST has been increased to Rs 5 crore annual turnovers from Rs 2 crores.<\/li>\n
  8. The council has decided not to hike rates of fertilisers and footwear.<\/li>\n<\/ol>\n

    click here to download press release for 39th GST council meeting.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

    39th Meeting of GST council held in New Delhi today. Some of highlights are given below:-. It was decided to raise the GST rate on mobile phones and specific parts to 18% form 12%. A completely enhanced capacity with better system of GSTN will be made available by July 2020, instead of Jan 2021. It […]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[452],"tags":[85],"class_list":["post-2264","post","type-post","status-publish","format-standard","hentry","category-gst","tag-gst"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9X28M-Aw","_links":{"self":[{"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts\/2264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2264"}],"version-history":[{"count":4,"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts\/2264\/revisions"}],"predecessor-version":[{"id":3788,"href":"https:\/\/cacube.in\/index.php?rest_route=\/wp\/v2\/posts\/2264\/revisions\/3788"}],"wp:attachment":[{"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cacube.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}