Sitharaman & co just slashed your food bill with GST 2.0The Goods and Services Tax (GST) Council has reduced taxes on essential food items. This decision was made during a meeting in New Delhi. U...
04 Sep, 2025, 12.05 AM IST
PM Modi welcomes GST council’s approval of rate cuts, says changes will benefit every section of societyThe GST Council, with PM Modi's endorsement, has approved comprehensive GST reforms, including rate rationalization and process simplificat...
03 Sep, 2025, 11.24 PM IST
Govt likely to slash GST on insurance premiums to nil, says reportThe government plans to reduce GST on insurance premiums from 18% to 5% or even zero, as part of the upcoming GST 2.0 reforms aimed at simp...
21 Aug, 2025, 05.59 PM IST
Alcohol, cigarette, gaming stocks slide up to 4.5% as govt proposes 40% sin tax under GST 2.0 overhaulThe government is planning GST 2.0. It may include a 40% tax on alcohol, cigarettes, and gaming. Consequently, shares of Godfrey Phillips, ...
18 Aug, 2025, 09.40 AM IST
Insurance stocks surge up to 5% as Govt to consider GST cut on health and term insurance premiumsInsurance company stocks experienced a surge following the anticipation of a significant GST rate cut on health and term insurance, a long-...
18 Aug, 2025, 09.32 AM IST
Candy or cure? Popular digestive Hajmola product faces GST troubleHajmola, a popular digestive tablet, is under GST investigation. Authorities question its classification. They want to determine if it is a...
12 Apr, 2025, 12.51 PM IST
In preparation for GST rate rationalisation, product categories' fine-tuning beginsThe Central Board of Indirect Taxes and Customs began revising product classifications under GST to simplify the system and reduce tax disp...
05 Aug, 2024, 12.59 AM IST
Chennai restaurant faces backlash for food wastage after video of 'Bahubali' thali goes viralChennai's Ponnusamy Hotel introduced a 'Bahubali' thali, priced at Rs 1,399 (plus taxes), which went viral on social media. Twitter user An...
21 Jul, 2023, 01.03 PM IST
Packed, frozen paratha 'quite different' from roti/chapatti; attracts 18% tax: GST Appellate AARSuch parathas, whether named Malabar, Mixed vegetable, Onion, Methi, Alu, Laccha, Mooli or Plain, have ingredients like margarine, salt, em...
14 Oct, 2022, 03.22 PM IST
High Court rules mango pulp be taxed at 12%Earlier, exporters and businessmen faced problems due to confusion in rates on different forms of mango, like sliced, dried mangoes or mang...
23 Sep, 2022, 11.56 PM IST
Flavoured milk's a drink, will be taxed, says AAAR rulingGujarat AAAR affirmed the AAR ruling on classification and said that flavoured milk is not milk but a beverage containing milk.
09 Sep, 2022, 06.00 AM IST
'Pizza topping is not pizza, so will attract a higher GST levy'GST rates on pizzas differ on the basis of how they are prepared and sold. A pizza sold and eaten within a restaurant attracts 5% GST, the ...
15 Mar, 2022, 12.57 AM IST
GST of 18% applicable on ice creams not 5% from here on: government tells taxmenThe government said that a GST of 18% should be levied on ice creams even when they are sold inside a restaurant. Earlier ice creams attrac...
06 Oct, 2021, 08.06 PM IST
The debate on GST rates for roti and paratha refuses to die down. Here's what is newParatha is not a defined product under GST, which is why companies making ready-to-cook parathas have approached AARs seeking that the para...
21 Sep, 2021, 06.38 PM IST
Idli, dosa tax: 18% GST applicable on packaged products that can make food items, rules AARWhile AAR rulings are only applicable to the company that has approached the particular bench, it tends to create a precedent in law, tax e...
09 Aug, 2021, 09.18 AM IST
How much do we tax oxygen? GST code isn’t clear about itThe Covid-19 pandemic seems to have brought back the pertinent question of goods categorisation under GST framework. In many cases, the GST...
22 Jun, 2020, 07.14 AM IST
Parota to paroti for the sake of GSTWith a lot of dough riding on it, a little change in spelling could go a long way.
15 Jun, 2020, 08.03 AM IST