Tag: GST Council
Following the conclusion of the 44th meeting of the GST Council on Saturday, a war of words erupted on Twitter between Union Minister of State for Finance, Anurag Thakur, and West Bengal Finance Minister, Amit Mitra, over the way the important meeting of the state and Central Finance Ministers to decide on GST rate for Covid relief items was conducted. ....
Admitting that the Goods and Services Tax (GST) Council was racing against time on its deadline of April 1, Finance Minister Arun Jaitley on Wednesday said it is hoping to resolve the two vexed issues of Integrated GST (iGST) and dual control in its next meeting on January 16.....
Finance Minister Arun Jaitley on Wednesday said the government was ready for implementation of the Goods and Services Tax (GST) and will begin reaching out to the industry from April 1 to make them aware of the new tax regime.....
Admitting that the proposed Goods and Services Tax (GST) is a key reform which will simplify the tax compliance, the e-commerce players on Thursday, however, said the proposed tax collection at source will hurt lakhs of small sellers by making online sales expensive and cumbersome for them.....
The Union Cabinet on Monday approved four Goods and Services Tax (GST) related bills which have already been approved by the GST Council after detailed discussions.....
Union Finance Minister Arun Jaitley on Monday introduced the Central Goods and Services Tax (CGST) Bill, 2017, along with three other GST bills in the Lok Sabha.....
Services sector is likely to attract a higher tax rate of 18 per cent from the current 15 per cent under the Goods and Services Tax (GST) regime, thus making services "slightly" more expensive, Revenue Secretary Hasmukh Adhia has said.....
Industry chamber Assocham on Sunday asked the government to clearly define the scope of e-commerce under the Goods and Services Tax (GST) regime, as the current definition is wide enough to even cover commodity derivatives exchanges.....
Maharashtra Finance Minister Sudhir Mungantiwar on Tuesday said states had agreed to bring petrol and diesel under the ambit of Goods and Services Tax (GST).....
The Goods and Services Tax (GST) Council on Thursday decided to slash rates on 29 items, mainly handicrafts, to zero per cent, according to Uttarakhand Finance Minister Prakash Pant.....