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Latest Articles in GST Rate

50th GST Council Reduces Tax On 4 Items, Imposes 28% On Online Gaming

The GST Council, a constitutional body, is in charge of making recommendations on the implementation of the GST in India and holds its meeting on a regular basis to discuss and make decisions on various GST-related issues

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Fear Of Row Over Compensation At GST Council Meeting On July 11

Finance ministry officials anticipate that some state finance ministers, such as those from Kerala and Chhattisgarh, will raise the issue during the discussions

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CBIC Issues Clarification On GST On Pre-packaged Items From Monday

The CBIC said the supply of pre-packed atta meant for retail sale to ultimate consumer of 25 Kg shall be liable to GST

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PM's Gabbar Singh Tax' Has Now Become 'Grihasthi Sarvnaash Tax': Rahul

Rahul Gandhi cited a news report that tax on food items, study and hotel stay would become expensive

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GoM Fails On GST Rate Rationalisation

The Group of Ministers will, however, present a status report to the GST Council on the consensus which was arrived at the previous meeting

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Aviation Ministry Sets Up Sub-Group For Suggesting Ways To Improve Cargo-Related Infra Issues

The association on Monday hosted a virtual conference (VC) on 'Rebooting Aviation-DACCAI-Issues and Challenges of Domestic Air Cargo Logistics', which was attended by Minister of State for Civil Aviation Hardeep Singh Puri as chief guest.

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Expectations Of The Fintech Sector

The sector should be accorded priority sector status to enable better funding access with setting up specialised funds for infrastructure development for hospitals in Tier-II, Tier-III cities and rural areas.

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Reduce GST rate from 12 percent to 5 percent on garments with Rs 1,000 plus MRP: Demands Babubhai Ayar

Reduce GST rate from 12 percent to 5 percent on garments with Rs 1,000 plus MRP: Demands Babubhai Ayar

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GST Rate On Mobile Phones Hiked To 18%

The GST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircraft from 18 per cent to 5 per cent.

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Jewellery Industry Hit By Recession, Job Losses Likely: GJC

Hike in customs duty and the present GST rate is affecting customer sentiment, as prices of jewellery have increased.

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Sale Of Old Jewels To Attract 3% GST

But, if the jewellery is sold and new one bought through the proceeds, the three per cent tax paid will be deducted from the Goods and Services Tax (GST) payable on buying new jewellery.

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Tractor Makers Disappointed Over GST Rate Cut On 'Token' Parts

Tractor Manufacturers' Association said out of the 66 items on which GST rates were reduced, a large chunk of major components used in making tractors have been left out and the reduction must be extended to across all tractor parts.

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Prices Of Many Essential Drugs To Rise Up To 2.29% Post GST

The government has fixed GST rate of 12 per cent on most of the essential drugs as against the current tax incidence of around 9 per cent.

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GST Council To Examine Concerns Of Traders On Rates: Meghwal

The minister said he will collect the feedback of the trade and industry on GST by June 14 and then submit a report to the BJP national president Amit Shah.

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