The 52nd meeting of the GST Council chaired by Union Finance Minister Nirmala Sitharaman comprising state finance ministers is held at Sushma Swaraj Bhawan. Below Decisions taken in this meeting

1. The Council is likely to have approved the terms and qualifying age limits of GST appellate tribunals.

 

The Council is likely to have agreed to aligned terms and age limits with the Tribunal Reforms Act 2021.
Advocates with 10 years experience in indirect tax law practice are now eligible to apply for the Tribunal member post (judicial).

The age limit for President is now 70 years from earlier recommended at 67 years. While the age limit for members has been increased to 67 years.

 

2. The GST on ENA for industrial use to be 18%

The GST Council on Saturday decided to exempt the Goods and Services Tax (GST) on alcohol for human consumption from the levy. Chhattisgarh Deputy Chief Minister TS Singh Deo, who is a member of the GST Council, said extra-neutral alcohol (ENA) for industrial use will continue to attract GST.

 

3. Foreign-owned costal vessels doing coastal runs in India are exempted from IGST. Existing GST Rate was 5%

 

4. Services provided by Railways will now be subject to forward charge.

 

5. No GST on corporate guarantee given by director of a company.

In case of Corporate guarantee given by holding companies, GST of 18% of total amount guaranteed by parent company will be levied.

 

6. Decision of levying GST on hostels has been deferred.

 

7. GST on molasses cut from 28% to 5%. The move will benefit sugarcane farmers, lower cattle feed cost

The GST Council on Saturday decided to cut the Goods and Services Tax (GST) on molasses to 5%, from 18%,

 

8. No GST on flour that has 70% millets

Goods and Services Tax (GST) on flour containing 70% of millet, said Union Finance Minister Nirmala Sitharaman on Saturday in a press briefing after the conclusion of the 52nd meeting of the body. The Council also reduced GST to 5% from 18% millets flour preparation on branded and pre-packaged and labelled products.