Policy● Neutral for Indian equities
57th GST Council meeting rescheduled for October 8 from October 7; to be held at Bharat Mandapam in New Delhi
The brief
- The 57th GST Council meeting was moved from October 7 to October 8
- The meeting is scheduled for 11 am at Bharat Mandapam in New Delhi
- GST decisions may affect tax compliance and demand across Indian consumer-facing businesses
- Frequent GST rate tinkering to make way for annual changes
- 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