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UTTARAKHAND GST RATES
Uttarakhand releases revised GST rates ahead of festive seasonUttarakhand's finance department has announced revised GST rates, effective September 22nd, offering relief to consumers during the festive...
GST Council Meeting Highlights: Everything Finance Minister Sitharaman and the GST Council decided on in Monday's meetGST Council Meeting Key Highlights: Chaired by the Finance Minister, the GST Council is a constitutional body that oversees the implementat...
GST on online transactions up to Rs 2,000 to be referred to fitment committee: Uttarakhand FM Premchand AggarwalUttarakhand Finance Minister Premchand Aggarwal stated that the GST Council did not reach a decision on imposing 18 per cent GST on payment...
GST has not boosted states' tax collections: Ind RaFrom June this year, the Centre will stop giving states any compensation for tax collection shortfall. GST compensation for a five-year per...
GST Council focuses on missing collection target every monthFinance minister Arun Jaitley said states faced an average 16% shortfall in GST collections in the year ended March 2018, after it was impl...
Summer business gets hit in the North because of GST, state policiesThe leisure markets of northern India witnessed a slump in business even in their peak season summer this year.
States, Union territories have up to 43% GST revenue gapHalf-a-dozen states — Puducherry, Himachal, Uttarakhand, Punjab, Jammu & Kashmir and Bihar have a shortfall of up to 43% of average monthly...
Tax rates for subsidised kerosene & cooking gas rose up to 5%: Oil MinistryIn many other states, tax rates remained unchanged or rose just a bit. The GST rate is 5% on domestic cooking gas, and 18% on non-domestic ...
What price for entertainment after July 1? Here's how GST will impact your fun timeIf you are from a high entertainment tax state like Jharkhand (110%) or Uttar Pradesh (60%), you will only pay 28% tax now.
Assam Goods and Services Tax Bill tabled in state assemblyThe bill stated, "The GST council has decided four slabs of rates of 5%, 12%, 18% and 28%, “but the exact fitment of commodities into the a...
State GST Bill passed by 8 assemblies in April-May: Finance MinistryThe GST Council, the top decision making body headed by Finance Minister Arun Jaitley, had approved the model SGST Bill at its 12th Meeting...
Traders divided on gold GST rateAt present, gold attracts import duty of 10%, 1% value added tax (except in Kerala, where the VAT is 5%) and 1% excise duty.
50% of states expected to approve GST by early SeptemberOnce 16 states ratify the Constitution amendment, and the President notifies it, the stage will be set for formation of the GST council.
Support to GST bill will be issue based and on merits: CongressCongress struck a positive note on the GST bill saying its support to government in the passage of legislations would be issue based and on...
Budget 2016: GST will bring in clarity, boost e-commerce in India says IAMAIIAMAI said GST will bring in clarity in tax rules for online marketplaces and ease shipping of products by small and medium enterprises acr...
- GST rollout hinges on compensation to states: Sushil Kumar Modi
"If the Centre agrees to compensate the states over a period of five years, then the roll out can be done in six months", Modi said.
- GST won’t signal curtains for manufacturers’ sops in hill states
Govt examining options to give companies compensation equivalent to benefits enjoyed now.