Search For "and services tax"
With Andhra under NDA governance, chances of bringing natural gas under GS
Updated : 1 year, 11 months ago IST
After taking charge of Petroleum Ministry for the second term, minister Hardeep Singh Puri said he will work to bring natural gas under Goods and Services Tax (GST). Currently, all petroleum products, alcohol and tobacco are out of the ambit of GST.
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Govt reduces natural gas price for June from USD 8.9/mmBtu to USD 8.44/mmB
Updated : 2 years ago IST
The adjustment follows the new gas pricing mechanism implemented by the government, which sets a floor price of USD 4 per mmBtu and a ceiling price of USD 6.5 per mmBtu for domestic gas.
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"GST lowered taxes on many essential items compared to pre-GST rates" says
Updated : 2 years, 1 month ago IST
Union Finance Minister Nirmala Sitharaman shared a post on social media on Monday highlighting the two recent achievements in the Goods and Services Tax (GST) architecture.
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Retired justice Sanjay Kumar Mishra appointed as first president of GST tr
Updated : 2 years, 1 month ago IST
The tribunal will ensure swift, fair, judicious and effective resolution to GST disputes, besides significantly reducing the burden on higher courts. The establishment of the GSTAT would further enhance the effectiveness of the GST system in India and foster a more transparent and efficient
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Record GST revenue collection good sign for economy, say experts; suggest
Updated : 2 years, 1 month ago IST
With India registering the highest GST revenue collection for April this year at Rs 2.10 lakh crore, experts have said record collection has set the stage for pursuing forward-thinking reforms and signifies a potential turning point in the GST collection trajectory
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GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore
Updated : 2 years, 1 month ago IST
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in April month. The GST collection has also registered a 12.4 per cent year-on-year growth.
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India must continue reforms, strive to create industrial revolution: Gurch
Updated : 2 years, 1 month ago IST
Emphasising the importance of keeping up the reforms momentum, noted author and economist Gurcharan Das has praised the central government for reforms such as the Goods and Services Tax (GST), which gave the country a unified tax structure, and the production-linked incentive or PLI scheme f
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SC transfers to itself all petitions against 28 pc GST on online gaming co
Updated : 2 years, 2 months ago IST
The Supreme Court on Friday transferred to itself of all the pending cases before various High Courts challenging the imposition of 28 per cent Goods and Services Tax (GST) on online gaming companies.
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Gross GST revenue crosses Rs 20 lakh crore in 2023-24, with 11.7% growth
Updated : 2 years, 2 months ago IST
Financial year 2023-24 marked a milestone with total gross GST collection of Rs 20.14 lakh crore, exceeding Rs 20 lakh crore with a 11.7 per cent increase compared to the previous fiscal year.
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MHA decides to extend 50 pc financial support on GST on purchase of goods
Updated : 2 years, 2 months ago IST
The Ministry of Home Affairs (MHA) has decided to extend financial support of 50 per cent on Goods and Services Tax (GST) on the purchase of goods from Kendriya Police Kalyan Bhandar as a welfare measure to benefit serving and retired personnel of Central Armed Police Forces (CAPFs), Central
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Meerut CGST Commissionerate busts syndicate and arrests three persons for
Updated : 2 years, 3 months ago IST
The Anti-Evasion branch of CGST Commissionerate, Meerut started an investigation in October 2023 into a large syndicate that fraudulently claimed Input Tax Credit (ITC) by way of fake billing.
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Nirmala Sitharaman to inaugurate conference of GST enforcement chiefs tomo
Updated : 2 years, 3 months ago IST
Union Finance Minister Nirmala Sitharaman will be inaugurating the national conference of Goods and Services Tax enforcement chiefs in the national capital on Monday.
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