Will raise GST issue on research grants in council meet: Delhi FM

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Delhi Finance Minister Atishi on Sunday said she will raise the issue of imposition of GST on research grant procured by educational institutions in the 54th GST Council meeting.

Atishi said the second issue she will raise in the 54th meeting of the GST Council to be held on Monday is the imposition of GST on online transactions below Rs 2,000.

If an educational institution gets research grant from a private entity, the government imposes 18 per cent GST, which is not justified.We will oppose it".

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Category: BusinessFinance

Markets: India

Topics: Online transactions GST Council Taxation in India Finance Minister Atishi Marlena Singh Insurance premium Delhi Finance Minister Minister United States Modi administration Atishi Goods and Services Tax United Kingdom Online gaming Nirmala Sitharaman Fitment Committee Goods and services tax

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-08 @ 20:12:32 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22411073

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