gst

A group of ministers (GoM) reviewing the Goods and Services Tax (GST) rates has decided to remove exemption for packaged food items, if sold under unregistered brands. These items will be taxed at 5%, the rate for branded food. The…

NEW DELHI: A panel of state ministers on GST rate rationalisationon Friday failed to reach a consensus as some members opposed changes to tax slabs and rates, sources said. The Group of Ministers will, however, present a status report…

A panel of state ministers on GST rate rationalisation on Friday failed to reach a consensus as some members opposed changes to tax slabs and rates, sources said. The Group of Ministers will, however, present a status report to the GST…

Several states are pressuring Prime Minister Narendra Modi’s government to extend a programme to continue compensation for losses from a goods and services tax or risk a stalemate in attempts to further simplify the structure. It poses…

The Central Board of Indirect Taxes and Customs (CBIC) has issued a detailed procedure for sanction, post-audit, and review of refund claims under Goods and Services tax, in the light of the receipt of reports of different practices…

About 90 per cent of Indian industry leaders feel that GST has made doing business easier by bringing down barriers across the country, a Deloitte survey said on Wednesday. The GST regime has also positively affected the prices and…

The Group of Ministers (GoM) headed by Finance Minister Nirmala Sitharaman will be holding a meeting to review and finalize the Goods and Service Tax (GST) Rate rationalisation on June 17. The proposal will also focus on the merger of…

An Authority for Advance Ruling (AAR) ruling has said that any voluntary payment made to a housing society by a member or a resident should attract Goods and Services Tax (GST). The ruling in the matter of Monalisa Co-Operative Housing…

An Authority for Advance Ruling (AAR) ruling has said that any voluntary payment made to a housing society by a member or a resident should attract Goods and Services Tax (GST). The ruling in the matter of Monalisa Co-Operative Housing…