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Central Goods and Service Tax News
Central Goods and Service Tax
Exclusive! GST Council likely to consider 18 pct rate on all kind of sanitizers in September 19 meet
Fri, Sep 11, 2020
GST Council in its meeting on September 19 will likely decide on 18 pct rate on all kind of sanitizers, sources told Zee Business exclusively. Currently, while non-alcohol based sanitizer attracts 12 pct , 18 pct tax is levied on alcohol-based sanitizer. As per sources, ayurvedic companies are against rate change on their sanitizers and want it to remain same
GST refunds alert! Modi government takes this big decision - Important points of CBIC circular
Thu, Apr 23, 2020
In view of the ongoing Covid 19 pandemic, the Central Board of Indirect Taxes and Customs (CBIC) releasing a circular has informed about an important decision.
Boost for Startups! Top 5 benefits for small businesses from this GST Council decision
Thu, Nov 21, 2019
The Goods and Services Tax (GST) Council proposes to introduce e-Invoicing for B2B (business to business transactions) from January 1, 2020.
Cut in GST rate on footwear to promote growth, exports: CLE Chairman to government
Wed, Jun 12, 2019
Leather exporters in the country have urged the finance ministry to reduce in the rate of goods and services tax (GST) on footwear with a view to promote growth of the industry and push exports.
Revealed: Even after GST Council meet, here is why real estate developers are unhappy
Fri, Jan 11, 2019
Showing displeasure over the GST Council's decision Anuj Puri, Chairman – ANAROCK Property Consultants told in a written statement, "After much anticipation, the GST Council has failed to deliver a final verdict on GST applicable on real estate — but how much would it really have mattered?"
Attention businesses, traders! GST return filing process, due date to change - GST Council Meeting outcome here
Sat, Dec 22, 2018
GST Council Meeting: The GST Council said that the new return filing system shall be introduced on a trial basis from 01.04.2019.
Big GST relief! Good news for homebuyers; No GST on purchase of these flats - Details here
Sat, Dec 08, 2018
The ministry also asked the builders to reduce the prices of properties by passing on the benefit of lower GST rate.
Love your energy drinks? Beware! This is set to happen
Thu, Dec 06, 2018
Caffeine-linked energy drinks in India such as Red Bull, Monster energy drink might see an increase in their selling price as the Government is planning to escalate its tax bracket and raise up its tax percentage by 10% and that is from 18% to 28%.
GST 'work in progress', hope rates will be rationalised further: Pranab Mukherjee
Sat, Oct 27, 2018
Terming the GST as 'work in progress', former President Pranab Mukherjee Friday expressed hope that rates under the indirect tax regime will be further rationalised and the issues of the MSME sector would be resolved in due course of time.
GST will help in e-commerce export, but clarity on policy needed: Stakeholders
Mon, Jun 12, 2017
A few players in the e-commerce sector feel that under the current foreign trade policy, there is a "lack of clarity" in terms of e-commerce exports.
Can a campaign to remove tax on sanitary pads help Indian women adopt better hygiene?
Fri, Apr 28, 2017
Nearly 88% women in India do not use sanitary napkins and majority do not know the importance of menstrual hygeine. However the issue has been sidelined over the years to give importance to social media campaigns.
GST draft bills tabled in Parliament; peg peak rate at 40%
Tue, Mar 28, 2017
With this, rollout of GST - the biggest tax reform since independence - has entered the last lap and its passage by Parliament will pave the way for integrating India as one market with one rate of tax replacing multiple state and central levies.
GST Council clears law for compensating states for loss of revenue, says Jaitely
Sat, Feb 18, 2017
Jaitely in a PTI report commented, "The GST Council clears law for compensating states for loss of revenue from GST implementation."
GST protest: 70,000 tax officers to wear black bands today
Sun, Jan 29, 2017
About 70,000 tax officers and employees in the country will wear black bands at work on Monday January 30, 2017, on Martyrs Day, to protest some recent decisions taken by the GST Council headed by Finance Minister Arun Jaitley.
GST Council to meet officials of six crucial sectors today
Tue, Jan 03, 2017
The meeting which will start from today will be held in New Delhi.
GST Council meet ends for today; CGST clauses finalised: Sources
Thu, Dec 22, 2016
As many as 20 chapters of the model GST law cleared in its last meeting earlier this month.