Policy● Neutral for Indian equities
GST Council may wind up Fitment Committee, consolidate officer panels
The proposed structure will comprise the GST Secretariat, implementation committee and a single standing committee, replacing several existing panels and sectoral groups
- GST Council may consider ITC relief for realty, construction, hospitality
- GST Council may widen ITC on business vehicles, ease interstate checks
- GST Council likely to align export definition with forex earnings, clarify on overseas branch services
- GST Council meet: Decriminalisation, export relief for GCCs top on the agenda
- GST enforcement may shift from 'arrest' to 'detect, recover and prosecute serious frauds'