SEZ units set to get refund of cess on importsThe Centre will refund the compensation cess levied on imported goods under Goods and Services Tax (GST) to businesses operating in special...
08 Jul, 2024, 01.04 AM 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
Modi government misusing CBI, ED to silence opposition: CongressAICC spokesperson Gaurav Vallabh said, "Centre doesn't care about the common man because they only focus on misusing the ED and CBI. They c...
29 Aug, 2022, 03.29 PM IST
Two members of the RBI's rate-setting panel flag GST hike as upside risk to inflationExternal members of the Monetary Policy Committee, Ashima Goyal and Shashanka Bhide, underlined the recent hike in GST tax on some of the c...
20 Aug, 2022, 02.15 PM IST
Consumers turning to open packs of essential items to avoid 5% GSTBimal Kothari, chairman, India Pulses & Grains Association (IPGA), said that though it is difficult to ascertain what percentage of consume...
19 Aug, 2022, 12.40 AM IST
ATM withdrawals, funerals exempt: Nirmala Sitharaman issues GST clarificationClarifying on misconception over the levy of GST on some popular items, the finance minister said no tax has been levied either on cash wit...
03 Aug, 2022, 02.35 PM IST
No GST on items sold by Kudumbashree, small stores: Kerala Finance Minister"The state will not impose GST on items sold by Kudumbashree and small stores in one or two kg packets or loose. Even if this leads to any ...
20 Jul, 2022, 12.02 PM IST
Companies make over 25 kg packs to avoid 5% GSTThe CBIC on Sunday clarified that pre-packaged food items weighing more than 25 kg in a single packet would be exempted from GST. The 5% le...
20 Jul, 2022, 12.43 AM IST
FM Nirmala Sitharaman clarifies on GST rates on certain items, says decision taken to curb tax leakageFinance Minister Nirmala Sitharaman on Tuesday took to Twitter to clarify the decisions taken by the GST Council in its 47th meeting. The c...
20 Jul, 2022, 12.16 AM IST
Misuse of exemption led to 5% GST on prepackaged food: FM Nirmala SitharamanShe added that the government was receiving complaints from suppliers and industry bodies and they wrote to the government to impose GST un...
20 Jul, 2022, 12.16 AM IST
Centre trying to bring in farm laws via back door, says CongressAt the All India Congress Committee briefing, spokesman Deepender Singh Hooda cited the recent call from within the NITI Aayog, through its...
08 Jul, 2022, 12.23 AM IST
PM Modi's 'Gabbar Singh Tax' is now turning into 'Grahasti Sarvnaash Tax': Rahul GandhiThis after the GST Council - the highest decision-making body on the levy of goods and services tax - accepted most of the recommendations ...
29 Jun, 2022, 04.52 PM IST
CBIC clarifies: Serving food in schools, mid-day meals exempt from GSTThe exemption covers mid-day meals provided in schools, pre-schools and Anganwadis. The clarification is part of series of circulars issued...
18 Jun, 2021, 01.17 PM IST
Dispute over applicability of GST on flour mills could land in courtAs per the current arrangement the flour mills were levying 5% GST on their services but the tax department is of the view that the mills s...
16 Dec, 2020, 11.45 AM IST
Cooking oil, pulses, wheat flour supplies likely to face a squeezeTraders have sought fewer restrictions on transport and movement of grains and other food commodities by the railways.
08 Apr, 2020, 03.17 PM IST
GST impact: Dairy companies see no revenue change; say consumer will be the kingProducers of pickles, jam, tomato ketchup, however, complained that GST had raised the taxation level and said sales had slumped after the ...
03 Jul, 2017, 01.14 AM IST
Companies fear losing out to unregistered foodgrain brandsIn the present VAT regime, registered packed rice, wheat flour and gram flour are exempt from tax but in the recently declared schedule of ...
16 Jun, 2017, 12.32 AM IST