GST Council Meeting: Govt to roll out Pan-India biometric authentication, Railways services exempted from GST & other key decisions
GST) Council at its 53rd meeting in New Delhi on Saturday decided to roll out Pan-India biometric authentication to check fake invoicing.
«This will help us to combat fraudulent input tax credit claims made through fake invoices in the cases,» she added.
Post-budget session, there will be another meeting.
“The time limit to avail input tax credit in respect of any invoice or debit note under section 16(4) of the CGST Act filed up to the 30-11-2021 for the financial years 17-18, 18-19, 19-20 and 20-21 may be deemed to be 2011 to 2021. So for the same requisite amendment retrospectively with effect from 1 July 2017, the council has made a recommendation", said Union Finance Minister and the chair of the GST Council Nirmala Sitharaman at a press conference after the meeting.
This was the first meeting of the GST council after the formation of the new government.
To reduce govt litigation, a monetary limit has been recommended of Rs 20 lakh for GST appellate tribunal Rs 1 cr for HCs, Rs 2 cr for SCs for filing of appeals by the department.
Railway services exempted from GST
Services provided by Indian Railways like platform tickets, battery-operated car services etc have been exempted from GST, said the Finance Minister.
Linking of Aadhaar biometric authentication
To facilitate GST registration, Aadhaar biometric authentication is mandatory for new registrations across the country, as per the GST council.
Waiver of interest on penalties on tax demand notice
The council decided to wave off interest and penalties
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