Search For "goods and services"
GST rate on electric vehicles cut from 12 to 5 pc from Aug 1
Updated : 6 years, 7 months ago IST
New Delhi [India], July 27 (ANI): The Goods and Services Tax (GST) Council on Saturday recommended a reduction in GST rate on all electric vehicles from 12 per cent to 5 per cent.
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No tax invoice required for goods taken out of India for exhibitions: CBIC
Updated : 6 years, 8 months ago IST
New Delhi [India], July 22 (ANI): No tax invoice is required for goods taken out of India on consignment basis for exhibitions or other export promotion events as they do not constitute a supply under the Goods and Services Tax (GST) and there is no consideration received, the Central Boa
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GST processes to be simplified, biz with less than Rs 5 cr annual turnover
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): Finance Minister Nirmala Sitharaman on Friday said that the Goods and Services Tax (GST) processes were being further simplified while adding that businesses with less than Rs 5 crore annual turnover will need to file quarterly GST return.
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Rs 350 cr allocated under interest subvention scheme for MSMEs: FM Sithara
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): Around Rs 350 crore has been allocated for FY 2019-20 for two per cent interest subvention for all Goods and Services Tax (GST) registered Micro, Small and Medium Enterprises (MSMEs), on fresh or incremental loans, Finance Minister Nirmala Sitharaman said on
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Delhi: MPs protest against GST on job works
Updated : 6 years, 8 months ago IST
New Delhi [India], July 3 (ANI): A Left MP on Wednesday held a protest in front of Mahatma Gandhi statue in Parliament precincts demanding the withdrawal of Goods and Services Tax (GST) on job works.
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Per capita GST collection in Haryana at Rs 21,744
Updated : 6 years, 8 months ago IST
Chandigarh (Haryana) [India], July 2 (ANI): The per capita Goods and Services Tax (GST) collection for Haryana stands at Rs 21,744.49 in comparison with the national per capita GST collection of Rs 9370.33, which is approximately 2.5 times more than the national average, said State's Finance
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GST revenue collections for June total Rs 99,939 crore
Updated : 6 years, 8 months ago IST
New Delhi [India], July 1 (ANI): Gross revenue on account of Goods and Services Tax (GST) totalled Rs 99,939 crore in June, up 4.52 per cent from Rs 95,610 crore in the corresponding period of last year, the Central government said on Monday.
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GST restructured one of the world's clumsiest indirect tax system: Jaitley
Updated : 6 years, 8 months ago IST
New Delhi [India], July 1 (ANI): Former Finance Minister Arun Jaitley said on Monday that implementing the Goods and Services Tax (GST) regime two years ago was a monumental restructuring of one of the world's clumsiest indirect tax system.
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Kejriwal meets Sitharaman, urges to clear Rs 3,000 cr pending IGST dues of
Updated : 6 years, 8 months ago IST
New Delhi [India], Jun 27 (ANI): Delhi Chief Minister Arvind Kejriwal and Deputy Chief Minister Manish Sisodia on Thursday called on Union Finance Minister Nirmala Sitharaman at her North Block office, urging her to clear Rs 3,000 crore pending integrated goods and services tax (IGST) dues o
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CBIC to ensure IGST refunds to all genuine exporters
Updated : 6 years, 9 months ago IST
New Delhi [India], June 20 (ANI): Central Board of Indirect Taxes and Customs (CBIC) on Thursday informed that all genuine exporters will continue to get their Indirect Goods and Services Tax (IGST) refunds in a timely manner in a fully automated environment.
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Goyal calls for big push to boost exports
Updated : 6 years, 9 months ago IST
New Delhi [India], June 7 (ANI): Minister of Commerce and Industry Piyush Goyal on Friday called for easy availability of credit at a low interest rate to boost exports of goods and services to two trillion US dollars in the next five years.
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GST revenue collections cross Rs 1 lakh crore in May
Updated : 6 years, 9 months ago IST
New Delhi [India], June 1 (ANI): Gross revenue on account of Goods and Services Tax (GST) in May totalled Rs 100,289 crore, up by 6.67 per cent from Rs 94,016 crore in the corresponding period of last year, the government said on Saturday.
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