Exemptions were brought down under GST, which replaced multiple state and central taxes such as sales tax, value added tax, entry tax, central excise duty, service tax, and countervailing duty with…
The Centre on Friday notified that a uniform rate of 5 percent will be charged towards Goods and Services Tax (GST) in all railway catering services in trains or stations.
Hailed as the biggest tax reform since Independence, GST is comprised in three parts Central GST (CGST), State GST (SGST) and Integrated GST (IGST).
रिपोर्ट में कहा गया है कि टैक्स स्लैब की संख्या कम करने और कानूनी प्रावधानों को आसान करने से, GST ज्यादा प्रभावी और असरदार होगा।
GST is one of the most complex with the second highest tax rate in the world among a sample of 115 countries which have a similar indirect tax system, says the World Bank.
Tax authorities are grappling with a Rs 34,000-crore goods and services tax (GST) puzzle amid fresh fears in the government of businessmen evading taxes.
Revenue collection from Goods and Services Tax (GST) touched Rs 86,318 crore in January, falling marginally from previous month.
The minister said that when goods and services were initially placed in different tax slabs at the time of GST’s roll out, it was a mathematical exercise.
All the respondents to the survey pointed out issues with the robustness and volume handling capacity of the GST Portal, it said.
we need to understand many things and one such aspect is related to the recent introduction of Goods and Service Tax (GST), which has created a lot of confusion in regards to tax rate.
Presently, GST of 18 percent is levied on goods being sold as scrap. Under the reverse charge mechanism, buyer of such vehicles has to pay tax on the proceeds from such transaction.
The GST will not be charged on the cost of food served to patients by hospitals as advised by doctors, the government has said.
The Bombay High Court has said the Goods and Services Tax (GST), though highly publicised by the Union government, isn’t tax-friendly.
The Bombay High Court said the goods and services tax (GST) regime wasn't easy to use, questioning the celebratory midnight session of Parliament that was held to mark its launch.
I went to Singapore. There they levy 7 percent GST on both Mercedes and food. Can this be done in India, a country where a large population lives below the poverty line?
Arvind Subramanian, India’s chief economic adviser, points out in the Economic Survey tabled in Parliament on Monday that over 2016 and 2017.
India needs to work towards stabilising the goods and services tax (GST), removing uncertainties for sectors such as exports, the Economic Survey said.
With petrol and diesel prices going north, the government is considering bringing fuel under the ambit of the Goods and Services Tax (GST).
The GST Council announced a significant revamp of the goods and services tax (GST) framework, including cuts in the rates.
GST Council Meeting assumes significance ahead of Feb. 1 Budget, which would still be used to announce policy changes relating to the new indirect tax.