Key Decisions from the 49th GST Council Meeting

PRESS RELEASE49TH MEETING OF THE GST COUNCILPRESS RELEASE, DATED 18-2-2023The 49th meeting of the GST Council was held on 18th February, 2023 at Vigyan Bhawan, New Delhi under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. Government of India has decided to clear the entire pending balance GST compensation of Rs. 16982 crore for June, 2022 as shown in the table below. Since, there is no amount in the GST compensation Fund, Centre decided to release this...

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