The 45th GST Council Meeting was held on 17th September 2021 Friday, it was a physical meeting after a gap of two years and our Union Finance Minister Nirmala Sitharaman, State Finance Ministers at Lucknow and Uttar Pradesh were presented at the meeting. The decision taken was overall people friendly and long due. Additionally, the time limit for availing of the importing of COVID treatment medicines was also extended from 30th September 2021 to 31st December 2021. Below are the measures are taken in the meeting:
Authentication of the Aadhaar card is now mandatory to become eligible for claims of refund and also applicable for revocation of cancellation of GST registration.
The matter relating to petrol was discussed in the direction of the court, and the matter came up. The finance minister informed that the matter was included in the agenda of the day. It was also discussed due to the order of the Kerala High Court. The decision was taken that it is not appropriate to levy GST on petrol or any petroleum product at a time of instability of the economy.
GST will be also levied on the food delivery apps and e-commerce operators where the foods are delivered. Though, the customer will be not liable to pay any tax. Online food delivery apps such as Swiggy, Zomato will now also be applicable for GST and not the restaurant partners. It will be liable from 1st January 2022. Right now, there are taxes that are generated on the bills of online delivery apps, and the tax is paid back to the restaurants that are eligible to pay the tax to the government.
There were some suitable changes which were made in Customs law. The decision was made to avoid the double taxation which was on import of aircraft, and on the other goods is given the exemption of IGST. A lessor which is located in SEZ who is paying GST on a forward charge is also exempted.