Search For "goods and services"
GST exemption limit for small businesses doubled to Rs 40 lakh
Updated : 7 years, 2 months ago IST
New Delhi, Jan 10 (ANI): In a big relief for small traders, the GST Council on Thursday decided to exempt businesses with annual turnover of up to Rs 40 lakh from paying taxes under the Goods and Services Tax (GST), raising the threshold from Rs 20 lakh.
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GST Council meeting underway, major relief expected for MSMEs, housing, ce
Updated : 7 years, 2 months ago IST
New Delhi [India], Jan 10 (ANI): The 32nd meeting of the GST Council has started in New Delhi on Thursday. Chaired by Finance Minister Arun Jaitley, the meeting aims to provide relief to small tax payers.
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GST Council to partner with NHAI to curb e-way bill fraud
Updated : 7 years, 2 months ago IST
New Delhi [India], Jan 8 (ANI): The Goods and Services Tax (GST) Council will join hands with the National Highways Authority of India (NHAI) to curb e-way bill fraud, sources said on Tuesday.
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GoM on GST permits 1% calamity cess on value products for Kerala: Thomas I
Updated : 7 years, 2 months ago IST
New Delhi [India] Jan 7 (ANI): Kerala Finance Minister Thomas Isaac on Monday said that the Group of Ministers (GoM) on Goods and Services Tax (GST) has agreed for one per cent calamity cess on the value of products and services, either on selected commodities or across the board for 2 years
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GoM recommends GST relief for Kerala
Updated : 7 years, 2 months ago IST
New Delhi (India), Jan 6 (ANI): The Group of Ministers (GoM) on Goods and Services Tax (GST) on Sunday recommended that Kerala should be given the right to levy cess maximum up to one per cent for two years.
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Rs 94,726 crore total gross GST collected in December
Updated : 7 years, 2 months ago IST
New Delhi [India], Jan 1 (ANI): India's total gross Goods and Services Tax (GST) revenue collection in December month of 2018 was pegged at Rs 94,726 crore of which Central GST (CGST) is Rs 16,442 crore, State GST (SGST) Rs 22,459 crore, Integrated GST (IGST) Rs 47,936 crore (including Rs 23
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Civil Aviation Ministry wants ATF in GST
Updated : 7 years, 2 months ago IST
New Delhi (India), Dec 30 (ANI): The Ministry of Civil Aviation has requested the Finance Ministry to include the Aviation Turbine Fuel (ATF) in the ambit of the Goods and Services Tax (GST).
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Future road map could be to work towards single standard GST rate: Jaitley
Updated : 7 years, 2 months ago IST
New Delhi [India], Dec 24 (ANI): A future road map could well be to work towards a single standard Goods and Services Tax (GST) rate instead of two standard rates of 12% and 18%, Union Finance Minister Arun Jaitley said on Monday.
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B-Town thanks PM Modi for GST reduction on movie tickets
Updated : 7 years, 2 months ago IST
New Delhi [India], Dec 22 (ANI): Bollywood actors and producers lauded Prime Minister Narendra Modi for the reduction of GST rates on movie tickets after the 31st Goods and Services Tax (GST) Council meeting.
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33 items moved from 18% slab: Puducherry CM
Updated : 7 years, 2 months ago IST
New Delhi [India], Dec 22 (ANI): After attending the 31st Goods and Services Tax (GST) Council, Puducherry Chief Minister V Narayanaswamy on Saturday said that 33 items have now moved from the 18 per cent slab to 12 per cent and 5 per cent categories.
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31st GST Council meet: Computer monitors, power banks likely to get cheape
Updated : 7 years, 2 months ago IST
New Delhi [India], Dec 22 (ANI): Computer monitors, power banks and uninterruptible power sources (UPS) are likely to get cheaper after the ongoing 31st Goods and Services Tax (GST) council meeting being hed in the national capital.
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GST single rate slab 'stupid' or not: Twitter war erupts between BJP, Cong
Updated : 7 years, 2 months ago IST
New Delhi [India], Dec 21 (ANI): Former finance minister and Congress leader P Chidambaram on Friday joined Congress President Rahul Gandhi in endorsing the idea of having a single rate in the Goods and Services Tax (GST), while criticising the BJP's initial idea of having 8 rates as 'stupid
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