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GST ON BRICKS
Railway Board asks zones to be mindful of new GST rates during procurementIndian Railways is ensuring diligent GST rate rationalization during procurement for items like trucks and air-conditioners. Lowered rates ...- GST 2.0: Key changes effective September 22; explained in FAQsThe 56th GST Council, convened on September 3, 2025, announced significant GST regime revisions effective September 22, 2025. These changes...
- No ITC benefit towards GST paid on commission on individual health, life policies from Sep 22From September 22, insurers cannot claim input tax credit (ITC) on commissions, brokerages, and other services for individual health and li...
- GST 2.0 to boost housing sector, small-scale enterprises: Mines MinistryThe recent GST rate revisions, particularly the reduction to 5% for mining sector items like marble and granite, are expected to positively...
- GST 2.0: Fall in input prices likely to soften realty costsIndia's property sector is poised for a boost as the government reduces the GST on cement from 28% to 18%, potentially lowering project cos...
- GST relief on building materials set to ease construction costs, support housingThe GST Council's decision to lower tax rates on essential construction materials like cement, marble, and granite is poised to benefit the...
- Deadline for opting GST Composition Scheme for FY 2024-25 is March 31, 2024; file CMP-02 form if eligibleGoods and Services Tax (GST): If you are GST registered and wish to apply for GST Composition scheme for FY 2024-25, then the last date to ...
- Realty hot spot: Premium residential area in ChennaiT Nagar-Nungambakkam has good residential options and is well connected via the city’s metro.
- Will petrol and diesel come under GST? Council to take call in first in-person meeting since start of pandemicThe GST council may decided today on a range of topics including whether to include petroleum products under GST ambit which will significa...
- GoM to examine levy of GST at manufacturing stage for pan masala, brick kilns sectorsThe panel will "examine the possibility to levy GST based on the capacity of manufacturing unit and special composition schemes in certain ...
- Mathura brick kilns seek government relief following heavy losses"We're requesting the government to wave off royalty, tax on royalty and GST for better survival of the industry," Bhanu Prakash Varsney, g...
- GST rate on cement, steel, pipes, roofing sheets and other building materials: Implications on housing sectorA person should keep in mind the varied GST rate applicable on inputs and accordingly make a suitable decision. For example, the GST rate v...
- Ecommerce firms in a fix as tax collected at source deadline nearsIf unable to deposit the tax collected last month by November 10, etailers will be liable to punishment.
- See great value in omni-channel retail with Flipkart acquisition: Walmart IndiaCommenting on the impact of the deal on the Indian retail landscape, Iyer said,"To a certain extent the investment made by Walmart has cert...
- Retail getting stronger as most retailers are investing in digital space: S Subramaniam, Titan“A lot of online players are getting into brick and mortar as well. It is good for the industry”
- Big offers on TVs, phones likely this e-sale seasonFlipkart is planning to have its annual mega Big Billion Days sale in September and Amazon is drawing up similar plans, having already star...
- SMEs still working hard to sort out teething troublesThe swelling list of teething problems, such as dealing with unregistered vendors, cracking harmonised system of nomenclature (HSN) code ha...
- E-commerce is dying; click & mortar in: Go, grab retail stocksAnalysts noted that e-commerce operators are reconsidering their business strategies.
- GST may make homes cheaper in Karnataka, says Revenue Secretary Hasmukh AdhiaRevenue Secretary Hasmukh Adhia on Tuesday said flat rates in Bengaluru and rest of Karnataka might turn out to be cheaper under the GST re...
- GST rate should not be too high, says Amit MitraMitra said, "The rate should be such that it is neither too low or too high" and added that the level of the tax rate would not be discusse...
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