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GST AND VAT REVENUE
Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...25 Apr, 2026, 12.18 PM IST- Natural gas, ATF in GST this week?When GST was introduced on July 1 last year, five commodities -- crude oil, natural gas, petrol, diesel, and aviation turbine fuel -- were ...15 Jul, 2018, 12.30 PM IST
- States get to levy additional taxes on top of 28% GST on petrol, diesel: Sushil Kumar Modi"If petrol, diesel are to be brought into GST, then states will be allowed to levy taxes on top of 28 per cent to prop up revenue.29 Jun, 2018, 05.02 PM IST
- No pure GST on petrol, diesel; 28% tax plus VAT on anvil under GSTThe peak GST rate plus VAT will be equal to the present tax incidence, which is made up of excise duty, levied by the centre, and VAT charg...20 Jun, 2018, 09.51 PM IST
- Higher oil prices, GST may boost states revenue by Rs 37,400 crore in FY19States are likely to gain an additional Rs 37,426 cr in revenue in the current fiscal on the back of surge in oil prices & better tax colle...15 Jun, 2018, 03.44 PM IST
- Delhi govt's VAT, GST collection above Rs 26,000 croreTrade and taxes department officials say the figure also includes Rs 157 crore received as compensation from the Centre for four months as ...01 May, 2018, 12.28 PM IST
- Post-GST, tax collection in Goa drops 22%State Commercial Taxes Department, which keeps a record of tax collection, said the drop is not expected to continue in the future.07 Oct, 2017, 10.04 AM IST
- A look at how GST was rolled out in other countriesJapan introduced consumption tax in 1989 at a rate of 3%. In 1997 this increased to 5% and Japan went into recession. In 2012, Diet doubled...29 Jun, 2017, 12.05 AM IST
- Revenue department allows more time for GST registration till AprilRevenue Secretary Hasmukh Adhia reviewed the IT preparedness of the Goods and Services Tax Network (GSTN) last week.04 Apr, 2017, 03.48 PM IST
- Gujarat government opposes Goods and Services TaxGujarat's main objection is that as it is a manufacturing state, it will suffer major loss of revenue under the proposed formula.03 Jul, 2015, 10.43 AM IST
- Centre must compensate for CST cut: Sushil ModiCST was reduced to 2% over 3-years ago. "Now the Centre has to compensate states for the loss in their revenue because of this reduction," ...13 Feb, 2012, 03.26 AM IST
- GST system: Simplicity mattersThere’s a tendency among countries that had initially gone for multiple rates to move towards a single rate, says Ine Lejeune, global indir...01 Oct, 2009, 02.39 AM IST
- Govt to work on GST structureThe new government is facing the challenge of tackling ballooning fiscal deficit, while it has just 10 months to usher in a new goods and s...25 May, 2009, 02.10 AM IST
- All goods taxes may come within GSTStates may have to opt for subsuming all taxes on goods, like purchase tax, under the unified goods and service tax (GST) regime.02 Jul, 2008, 01.22 AM IST
- Isn’t 20% too high a rate for revenue-neutral GST?In the introduction of GST there still remains some ambiguity concerning the proposed rate(s) of tax for the GST.26 Feb, 2008, 12.33 AM IST
- Tied in a golden knot?Are the state governments facing the spectre of losing more of their resource-raising ability?06 Jul, 2007, 04.18 AM IST
- GST panel to examine duties on alcoholGST has been asked to recommend a new duty structure on alcohol and petroleum products.05 Jul, 2007, 04.51 PM IST
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