Tue, Jan 01, 2019
The GST Council on December 22 decided to cut tax rates on 23 goods and services, including movie tickets, TV and monitor screens and power banks and exempted frozen and preserved vegetables from the levy. Listen in
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Mon, Jun 12, 2017
Trucks, tankers, vessels and containers will not be required to pay inter-state Goods and Services Tax, called IGST in the new regime as the GST Council exempted any mode of conveyance for carrying goods or passengers or for their repairs from the levy.
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.
Fri, May 19, 2017
Prices of foodgrains, especially wheat and rice, will come down as they will be exempt from GST. Currently, some states levy Value Added Tax (VAT) on them.
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