Gujarat seeks GST cut on Covid essentials, council says yes

TheGujaratgovernment sought a reduction in goods and Services tax (GST) rates on items used for the treatment of Covid-19. The state sought these relaxations in the national GST council meeting which was held virtually, and the council has agreed to do the needful, said deputy chief minister Nitin Patel.

The council has also promised to give Rs 13,000 crore this year as the GST income gap to Gujarat.

The had also sought a cap on late fee payment charges as many dealers and GST card-holders requested relaxation. Now, it has been decided to cap the late payment fees in the range of Rs 2,000 to Rs 10,000 instead of an unspecified amount.