New Delhi [India], Aug 26 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday clarified that its earlier notification relating to interest on delayed payment of GST has been issued prospectively due to certain technical limitations.
Panaji (Goa) [India], Aug 25 (ANI): Public health groups, doctors and economists have urged the GST council to increase the compensation cess on all tobacco products that can provide additional tax revenue of Rs 49,740 crore for the government, the National Organisation for Tobacco Eradicati
New Delhi [India], June 13 (ANI): Frozen (and preserved) wheat parota and malabarparota which are sold in ambient and frozen form with a shelf life of three to seven days is not a plain roti but a distinct product and shall attract 18 per cent GST, clarified Government sources in the Finance
New Delhi [India], June 12 (ANI): The Goods and Services Tax (GST) Council on Friday decided to waive off fees for late filing returns between July 2017 to January this year in a bid to minimise the impact of COVID-19 crisis on micro, small and medium enterprises (MSMEs).
New Delhi [India], June 2 (ANI): The issue of waiver of late fee for Goods and Services Tax (GST) for the past period (August 2017- January 2020) will be taken up in the next GST Council meeting, according to the Central Board of Indirect Taxes and Customs (CBIC).
New Delhi [India], April 18 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) on Friday said that it has processed 12923 refund applications of taxpayers involving claims worth Rs 5575 crore since March 30, 2020.
New Delhi [India], Mar 17 (ANI): Civil Aviation Minister Hardeep Singh Puri on Tuesday suggested convening a special meeting of GST council to bring aviation turbine fuel (ATF) under the GST.
New Delhi [India], Mar 14 (ANI): Finance Minister Nirmala Sitharaman on Saturday said that a better system of GSTN with capacity enhancement would be completed by July this year itself.
New Delhi [India], Mar 14 (ANI): The GST Council on Saturday proposed to raise the GST rate on mobile phones and specific parts from 12 per cent to at 18 per cent.
New Delhi (India), Mar 14 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday chaired Goods and Services Tax (GST) Council meeting in New Delhi today.
New Delhi [India], Jan 10 (ANI): Finance Ministry on Friday said that the amnesty scheme, recommended by the GST council in the 38th meeting has been extended from January 10 to January 17.