GST Council

No decision taken on dual control in GST council meet

No decision taken on dual control in GST council meet. Watch the full segment for more details.

Dec 23, 2016, 22:49 PM IST

GST Council agrees on law for compensating states, to meet again to decide on dual control, IGST

Jaitley further said that legally vetted draft of law for compensation to states will be placed before GST Council at the next meeting.

Dec 23, 2016, 17:50 PM IST

Goods and Services Tax rollout: Key decisions taken by the GST Council so far

Since notification of the GST Council on 12 September 2016, six meetings of the Council have been held in New Delhi.

Dec 14, 2016, 20:55 PM IST

GST breakthrough: India's biggest tax reform

Passage of GST Constitution Amendment bill by the Indian Parliament is a sure shot “game-changer" and India’s biggest tax reform till date. It is a significant milestone in efforts to improve the country's ranking in World Bank's ease of doing business index.

Dec 13, 2016, 17:15 PM IST

GST’s 1 April roll-out deadline seems unachievable

As the differences between the Centre and States over the draft GST Bill persist, it has started becoming likely that the Goods and Service Tax may not be rolled out from April 1, as targeted earlier by the government.

Dec 12, 2016, 11:57 AM IST

GST council approves 'bulk of critical provisions': Arun Jaitley

Union Finance Minister Arun Jaitley on Sunday said the GST Council had a discussion which was exclusively on the legislative drafting as a detailed CGST and SGST legislation, which is the most principle legislation, adding that bulk of the critical provisions were approved today.

 

Dec 11, 2016, 23:14 PM IST

GST Council meet inconclusive, panel to meet again on December 22-23

Finance Minister Arun Jaitley on Sunday informed that discussion on legislative drafting of goods and services tax (GST) laws has started and bulk of provisions have been cleared.

 

Dec 11, 2016, 21:09 PM IST

Demonetisation casts its shadow on GST Council meeting

Note ban has cast its shadow on the Goods and Services Tax (GST) Council started on Sunday putting a serious question mark on implementing GST by the central government`s targeted deadline of April 1, coming year.
 

Dec 11, 2016, 18:21 PM IST

'GST Council may reduce tax slabs in future'

The GST Council may in future decide to reduce the tax slabs under the Goods and Services Tax regime after analysing the revenue garnered and the compensation payouts to states, a top official said Thursday.

Dec 08, 2016, 18:09 PM IST

GST Council to discuss model laws, tax jurisdiction on Friday

The issues of draft model laws for implementation of the new GST regime from April 2017 and its jurisdiction will be form the forefront of discussion in the GST Council meet at the two-day meeting starting Friday.

Dec 01, 2016, 21:37 PM IST

GST Council meeting rescheduled for December 2-3

The GST Council meeting, scheduled for Friday has been cancelled. The new dates are yet to be finalised.

Nov 23, 2016, 14:46 PM IST

GST council meeting took place on Dual control

GST council meeting took place on Dual control. Watch the full segment for more details.

Nov 20, 2016, 19:16 PM IST

Positive form of protest on GST: States tax officers arive on work on Sunday

Adopting an innovative "positive form of protest", tax officers working with various state governments came to work on Sunday on a holiday to press for their demand of having a fair share in the administration of taxes under the GST regime.

Nov 20, 2016, 18:58 PM IST

GST: Centre and states fail to reach consensus on jurisdiction over assessees

The Centre and states on Sunday failed to reach a consensus on who will control which set of assessees under GST.

Nov 20, 2016, 17:01 PM IST

'Benefits from GST to show up over time, not immediately'

GST benefits are likely to accrue over time rather than immediately, though in the long run the indirect tax regime will boost growth, lower costs and strengthen tax revenues, says a report.

Nov 07, 2016, 16:28 PM IST

Auto industry meets Revenue Secretary Hasmukh Adhia; cess, luxury car definition in focus

The auto industry today discussed with Revenue Secretary Hasmukh Adhia, the rate of cess and definition of luxury cars under the GST regime, which is likely to kick in from April next.

Nov 07, 2016, 15:01 PM IST

GST rates: Chidambaram sees 'room for improvement' in multi-tier tax framework

The proposed GST structure with "higher rates" has left "a lot to be desired" and there is a room for improvement in the multi-tier tax framework, former Finance Minister P Chidambaram said here on Saturday.

Nov 05, 2016, 19:09 PM IST

GST Council meet remains inconclusive, next meeting on November 20

GST Council meeting held on Friday has turned out to be inconclusive. 

Nov 04, 2016, 17:23 PM IST

GST rates finalised: Know what gets cheaper, what gets dearer

Check out which items will get cheaper and which will get dearer after the 4-tier GST tax structure of 5, 12, 18 and 28 percent got finalised.

Nov 04, 2016, 09:06 AM IST

GST tax rates: Walmart calls it progressive, cola makers turn cautious

Retail major Walmart today welcomed the four-tier tax structure for GST, but aerated drink makers like PepsiCo and Coca Cola were guarded in their response, saying they will wait for the details to emerge.

Nov 03, 2016, 21:21 PM IST