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Latest Articles in gst
Union Budget 2023-24: Revamp GST Dispute Resolution Mechanism, Suggest WTC Mumbai
WTC Mumbai says that to have a uniform and consistent application of GST throughout India, the government should set up an independent national GST secretariat
Read MoreUnion Budget 2023-24 May See Announcement Of GST Appellate Tribunal
The GST council is anticipated to take on the report of the Group of Ministers (GoM) on the appellate tribunal. If approved, Finance Minister Nirmala Sitharaman is expected to announce the setting up of the GST Appellate Tribunal in the Union Budget 2023-24
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Modi Govt Releases Rs 17,000 Cr GST Compensation To States And UTs
The Ministry of Finance in a statement said that the total amount of compensation released to the states and UTs so far, including the aforesaid amount, during the year 2022-23 is Rs 1,15,662 crore
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What Export GST Non-extension Means For The Logistics Industry
As the cost of funding is high in India, this step may make Indian exports dearer by 2 per cent to 3 per cent, offsetting the advantage of devalued rupee
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Centre Collects Rs 1,43,612 Cr GST Revenue In August 2022
The total revenue of the centre and the states in August 2022 after the regular settlement is Rs 54,234 crore for CGST and Rs 56,070 crore for the SGST
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No GST On Residential Premises If Rented For Personal Use: Government
The government dismissed media reports which claimed that there is an 18 per cent Goods and Services Tax (GST) on house rent paid by tenants
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No GST On Rental Of 'Sarais' Under Religious Or Charitable Trust: CBIC
As per the recommendation, hotel rooms having room rents up to Rs 1,000 per day were brought under the GST rate slab of 12 per cent from the earlier exempt category
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E-Gaming Federation Applauds GoM's Perspective On Game Of Skill Vs. Chance
While the discussion on hiking the GST levied on online gaming to 28 percent from 18 percent is yet to reach its ultimate conclusion, E-Gaming Federation urges that the progress made in distinguishing game of skill vs. game of chance must not be undone in the process
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Withdraw GST On Unbranded Food Grains: Trade Body To States
The trade body said that the GST Council must call an emergency meeting immediately to take necessary decisions in order to withdraw the decision
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Won't Impose GST On Items Sold By Kudumbashree Or Small Stores: Kerala Minister
"Yesterday too, the CM wrote to them regarding these things. We don't intend to levy it on small-scale traders and small stores. There can be no argument on this," Balagopal added
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This Decision Was Much-Needed To Curb Tax Leakage: FM On GST
Sitharaman tweeted that it is not the first time these food items are being taxed and that states were collecting significant revenue from foodgrain in the pre-GST regime
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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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GST On Pre-packed Items: A Curse For Indian Middle Class
Headed by Union Finance Minister Nirmala Sitharaman, the panel consists of representatives of all states and union territories
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Inclusion Of Pre-packed And Labelled Foodgrain Will Damage Small Business: CAIT
This decision of the government will not only increase the burden of compliance and its cost to the traders but on the other hand, the basic goods of necessity will also become expensive
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GST Biggest Indirect Tax Reform In India's History: CII
CII director general Chandrajit Banerjee said the government is to be particularly felicitated for taking on board industry suggestions continuously and coordinating during the entire period of transition
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