(a): The GST Council in its 45th meeting held on 17th September, 2021, has constituted a Group of Ministers to look into issues relating to rate rationalisation. The terms of reference for the GoM ...
Government standardizes GST at 18% for all used vehicle transactions, impacting organized industry players' finances and ...
GST collections jumped 8.6% after adjusting for refunds, to ₹19.56 trillion, data from GSTN, the state-owned company that ...
It is also expected to look into whether any alternate mechanism can be devised for helping states in case of a natural disaster without altering the basic structure of GST. In the council meeting ...
It is also expected to look into whether any alternate mechanism can be devised for helping states in case of a natural disaster without altering the basic structure of GST. The GST Council, in its ...
The GST Council may finalise relief on life and health insurance at its next meeting, with states showing consensus on the matter.
(a) A reference received from manufacturers association has stated that increase in GST rate from 12% to 18% on water pump sets has led to reduction in sales by organized pump manufacturers. (b) No ...
3monon MSN
ATF is considered a variant of kerosene oil. While the majority of inputs required for producing ATF are covered under the GST regime, ATF itself is excluded, which results in an inefficiency in the t ...
Goods and Services Tax (GST) Council is in the final stages of reviewing GST structure and a reduction of the levy would happen soon, union finance minister Nirmala Sitharaman, who chairs the ...
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