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23 September 2021

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Recommendation of the 45th Meeting of India's GST Council

India's Press Information Bureau has published a release on the recommendations of the 45th meeting of India's GST Council. One of the key recommendations is making e-commerce operators liable to pay tax on the following services provided through e-commerce operators from 1 January 2022:

  • Transport of passengers, by any type of motor vehicle; and
  • Restaurant services, with some exceptions.

Another important recommendation is a change in the filing frequency of Form GST ITC-04, which is currently required on a quarterly basis in order to claim input tax credits on job work. This will be changed to a filing every 6 months for taxpayers with annual turnover over INR 50 million and an annual filing for taxpayers with annual turnover up to INR 50 million.

Lastly, GST rate recommendations are made for several different supplies, including the extension of concessional rates for COVID-19 treatment drugs to 31 December 2021 as well as the introduction of concessional rates for additional COVID-19 treatment drugs until that date.

Note, the recommendations of the GST Council will be given effect through relevant circulars, notification, and law amendments.

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