Government standardizes GST at 18% for all used vehicle transactions, impacting organized industry players' finances and ...

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 ...

The GST Council approved the amendments in the GST Act and GST Rules for allowing unregistered suppliers and composition taxpayers to make intra-state supply of goods through E-Commerce Operators ...

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 ...

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 ...

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 ...

The GST Council is likely to give GST relief on life ... stating that insurance should be kept at a tax rate structure, which allows ITC claims. Under the existing system, insurers can offset ...