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Latest Articles in gst council

Frequent Changes In Tax Rates To Impact Investment, Auto Industry: Hyundai

The GST Council last week decided to hike cess on mid-size cars by 2 per cent, on large cars by 5 per cent and on SUVs by 7 per cent to bring tax rates on these cars at pre-GST levels

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GST Council Meet Begins In Hyderabad

Ahead of the meeting, Andhra Pradesh Finance Minister Y Ramakrishnudu said that he will highlight various demands that the state had made earlier

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GST Council May Fix Tax Anomalies, Cess Hike On Cars Tomorrow

The Council will also formulate a mechanism to deal with businesses that are deregistering their brands to avoid taxes after the rollout of Goods and Services Tax from July 1

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Affordability & Investment

Once this initial uncertainty over RERA and the GST gets over, the confidence level of home buyers will go up

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GST Is Ushering In A New Culture Across The Nation: PM Narendra Modi

The PM also said that the government so far has taken all the big decisions like including GST, conducting surgical strikes on Pak or demonetization without any fear or hesitation

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Weak Investment Demand Bigger Challenge Than GST, Noteban

According to Kotak Institutional Equities, weak investment demand which accounts for 30 per cent of GDP is a far bigger structural challenge

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Increase in Cess Rate To Impact Sales By Double-Digit Reduction: Audi India Head

While the overall impact will still have to be evaluated in some time, we will be forced to redraw our plans for the Indian market based on future projections in this scenario, says Rahil Ansari

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Cabinet Approves Hike In Additional Tax On Luxury Cars, SUVs

The GST Council had on August 5 approved raising cess on SUVs, mid-size, large and luxury cars that had become cheaper post GST rollout on July 1

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Centre 'Not Adamant' On GST Rates, Can Be Relooked: Meghwal

RBI has taken a decision to introduce Rs 200 notes. Arjun Ram Meghwal thinks it is a good step for ease of doing business

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LPG, Kerosene, Jewellery Exempt From E-way Bill Rules Under GST

The Goods and Services Tax (GST) regime, rolled out from July 1, mandates obtaining permits called e-way bills for transporting goods consignment of more than Rs 50,000 in value with a view to checking tax evasion

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Will Not Propagate Hybrid, But Only Electric Vehicles: Piyush Goyal

India should move towards selling only electric vehicles by 2030. The existing cars may take a little longer to replace and the government is working on a framework for promoting electric vehicles

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New GST Rates To Affect Future Expansion Plans In India: Mercedes-Benz

The GST Council, on Monday (7 August), has hiked cess rates on sports utility vehicles (SUVs), mid-sized, large and luxury cars to 25 per cent from previous 15 per cent

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Pay More For SUVs, Luxury Cars As GST Council Hikes Cess To 25%

Under the new GST regime, cars attract the top tax rate of 28 per cent. On top of this, a cess of 1-15 per cent is levied on them to create a corpus to compensate states for loss of revenue from GST implementation

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Dialysis Units, Pacemakers To Cost More Under GST, Clarifies Health Ministry

The GST cell of the Ministry has said this on its website in answer to one of the frequently asked questions on the Goods and Services Tax and its impact on the health sector

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GST Council May Finalise E-wayb Bill Rules, Fix Anomalies On 5 August

The GST Council is likely to lower tax rate on Saturday on job works making fabric to garments to 5 per cent and put in place a mechanism for online registration of goods above a certain value before they can be transported

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