57th GST Council defers Section 16(2) and Section 17(5) proposals; all other proposals approved

According to sources cited by NDTV Profit, the 57th GST Council has deferred two proposals while approving the rest of the agenda:

  • Section 16(2) proposal deferred — concerns were raised over the condition linked to the seller’s tax payment and the possible misuse through fake billing/ITC; the proposal has been referred to a Group of Ministers.
  • Section 17(5) proposal deferred — relating to ITC claims on motor vehicles.
  • All remaining proposals have been approved by the Council.

Source from: https://x.com/NDTVProfit/status/2108158425507250350

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