GST Council

There should be no politics on GST launch: Arun Jaitley

Finance Minister Arun Jaitley on Tuesday asked the Congress to refrain from indulging in politics over GST launch, saying all decisions with regard to the new tax regime were taken unanimously by the GST Council.

Jun 27, 2017, 15:48 PM IST

Leniency in GST laws for genuine mistakes initially: Hashmukh Adhia

With the countdown to GST rollout underway, government on Thursday promised leniency in enforcing penal laws for violations during the initial period of implementation of the new national sales tax regime.

Jun 22, 2017, 20:11 PM IST

No possibility of power tariff hike after GST rollout: Piyush Goyal

Power Minister Piyush Goyal sees no possibility of increase in power tariff across the country post GST, saying industry associations have not sought its deferment.

Jun 22, 2017, 16:51 PM IST

GST to rollout on July 1, return filing rules relaxed for July-August

The GST Council on Sunday relaxed return filing rules for businesses for the first two months of the rollout of the new indirect tax regime even as it stuck to the July 1 launch date.

Jun 18, 2017, 19:15 PM IST

GST Council to vet e-way, anti-profiteering rules on Jun 18

The all powerful GST Council will meet on June 18 to finalise tax rates on lottery as well as rules relating to e-way bill and anti-profiteering measures.

Jun 15, 2017, 15:49 PM IST

GST rollout: Centre proposes to defer e-way bill citing lack of software

With just a few days left for GST rollout, the Centre is in favour of postponing by a few months the implementation of the e-way bill, which requires movement of good above Rs 50,000 to be to pre-registered online.

Jun 12, 2017, 15:56 PM IST

GST Council lowers tax rate for 66 items: Here's the complete list

Tax rates for as many as 66 items including kitchen staples like pickles and mustard sauce under the ensuing GST regime have been cut to meet demands from various quarters as the country prepares for rollout of one- nation-one-tax regime in less than three weeks.

Jun 12, 2017, 09:30 AM IST

GST Council to meet on June 11 to review rates, amend rules

The all powerful GST Council will meet on Sunday to review some of the rates on which industry has expressed displeasure, besides amending the draft rules.

Jun 09, 2017, 16:43 PM IST

GST Council forms 18 groups to sort out industry worries

The GST Council has set up 18 sectoral groups to interact with the sectors like telecom, banking and export and sort out their issues in a time-bound manner for a smooth transition to the new indirect tax regime.

Jun 09, 2017, 14:04 PM IST

RBI policy, macro data, monsoon to guide stock markets

RBI's monetary policy review, key macroeconomic data and progress of monsoon rains would influence market sentiment this week, say experts.

Jun 04, 2017, 16:07 PM IST

GST Rates: Biscuits to attract 18%; footwear 5% and Gold 3%

The GST Council on Saturday decided to tax gold at 3 percent, footwear below Rs 500 at 5 percent and biscuits at 18 percent under the Goods and Services Tax, which will be rolled out from July 1.

Jun 03, 2017, 19:06 PM IST

GST Council clears rules, states agree to July 1 rollout

The GST Council on Saturday cleared the pending rules, including transition provisions and returns, with all the states agreeing to July 1 roll out of the Goods and Services Tax.

Jun 03, 2017, 15:00 PM IST

Important meeting of GST Council today; to finalise rates on gold, textiles

The GST Council had last month fitted over 1,200 goods and 500 services in the four tax brackets of 5, 12, 18 and 28 percent. Beside, it had imposed cess over and above the peak rate of 28 percent on demerit and luxury goods.

Jun 03, 2017, 09:31 AM IST

Buy home before GST rolls out to save around 2% in taxes

GST is going to be implemented from July 1 and buying home is going to become relatively a costly deal. Watch the video and understand how GST will impact the dream of having your own house.

Jun 02, 2017, 19:23 PM IST

GST Council to finalise rates on gold, textiles today

The GST Council will on Saturday finalise taxes to be levied on six commodities, including gold, textiles and biscuits, as the Centre and states gear up to roll out the new indirect tax regime from July 1.

Jun 02, 2017, 16:29 PM IST

'Looking at options for timely refund of taxes to exporters'

Allaying concerns of exporters related to GST, the commerce ministry on Friday said it is looking at all options to ensure timely refund of taxes under the new indirect tax regime to be rolled out next month.

Jun 02, 2017, 16:19 PM IST

GST Council to meet on June 3 to fix more rates: Arjun Meghwal

The Goods and Services Tax (GST) Council will meet again on June 3 to decide on the levy on remaining goods, including gold, footwear and textiles, Minister of State for Finance Arjun Ram Meghwal said on Thursday.

Jun 01, 2017, 22:48 PM IST

Look at existing levy before seeking GST rate cut: Jaitley

Finance Minister Arun Jaitley on Thursday asked industry to look into the existing incidence of indirect tax before seeking reduction in Goods and Services Tax rates as proposed by the GST Council.

Jun 01, 2017, 17:42 PM IST

Revision of rates left to GST Council's discretion: CBEC Chief

The decision on revising the tax rates fixed on various goods and services has been left to the discretion of the GST Council, Central Board of Excise and Customs Chairperson Vanaja Sarna said on Monday.

May 29, 2017, 17:05 PM IST

Revenue dept sets up twitter handle to answer GST queries

With just over a month left for GST implementation, the revenue department on Sunday started a new twitter handle to answer industry queries related to the new indirect tax regime.

May 28, 2017, 20:52 PM IST