GST News
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March 20, 2023, Monday
Roof mounted AC units for passenger coaches to have 28% GST: Punjab AAAR
Issue was product would come under which heading of harmonised system of nomenclature code
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March 16, 2023, Thursday
Panel working on classification of millet products to determine GST rates
The panel will likely propose the classification at the next GST Council meeting, which is expected to be held at the end of May ...
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March 10, 2023, Friday
Bombay HC relief for GST assessees amid non-existence of tribunal
No recovery from taxpayers once a declaration of intent filed by them to appeal against order of lower authorities is put on ...
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March 07, 2023, Tuesday
Ice cream sold over counter but not prepared in outlet to attract 18% GST
If ordered with food, tax would be the lower rate; over the counter, it would attract a higher GST
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March 07, 2023, Tuesday
PM asks India Inc to step up investment, take advantage of opportunities
Prime Minister Narendra Modi on Tuesday urged India Inc to increase investment and take advantage of the opportunities unveiled ...
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March 06, 2023, Monday
Clear starts GST e-invoicing generating services for large taxpayers
Firm says since the infrastructure is largely digital, it is simultaneously affordable, scalable, modern, secure and pervasive
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March 05, 2023, Sunday
Fitment panel to examine compensation cess structure for pan masala
To review the feasibility of MRP-linked compensation cess rates
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March 01, 2023, Wednesday
Feb GST collection up 12% YoY to Rs 1.49 trn, dips month-on-month
With this, the monthly GST revenues remained over Rs 1.4 trillion for 12 straight months
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February 24, 2023, Friday
5% GST payable on all pre-packaged and labelled jaggery: Karnataka AAR
Like many other agricultural commodities, jaggery was exempted from GST until July 18 last year
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February 21, 2023, Tuesday
Bogus invoices row: GST authorities summon insurance intermediaries
I-T joins probe, quizzes chief financial officers seeking info on 'commissions'
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February 20, 2023, Monday
Petrol, diesel can be brought under GST ambit if Council takes a call: FM
Union Finance Minister Nirmala Sitharaman Monday said that petrol and diesel can be brought under the GST ambit if the GST ...
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February 18, 2023, Saturday
GST Council okays setting up tribunals, specific levy for pan masala firms
GST Council also decided to clear the entire dues of GST compensation pending to states
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February 18, 2023, Saturday
GST Council adopts GoM report on setting up tribunals with modifications
Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council adopted the report of the Group of Ministers on GST ...
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February 18, 2023, Saturday
Entire Rs 16,982 cr GST compensation cess to states to be cleared: FM
Finance Minister Nirmala Sitharaman said on Saturday that the entire GST compensation cess for June 2022 totalling Rs 16,982 ...
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February 18, 2023, Saturday
GST Council cuts tax on jaggery; rationalises late fee on delayed returns
GST Council on Saturday reduced the Goods and Service Tax on liquid jaggery, pencil sharpeners, and certain tracking devices, ...
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February 18, 2023, Saturday
Top headlines: RBI to frame norms for GIFT, India loses 2.02 mn taxpayers
Business Standard brings you the top headlines at this hour
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February 17, 2023, Friday
GST Council likely to decide on common audit manual for Centre, states
GST Council may take up today expert panel's proposal to avoid multiplicity of audits by central, state authorities
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February 17, 2023, Friday
No service tax on takeaway food items sold by restaurants: CESTAT
The CESTAT bench ruled that service tax cannot be levied on takeaway/ parcel food items sold by restaurants while hearing the ...
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February 17, 2023, Friday
GST council should raise exemption threshold to Rs 1.5 cr, says GTRI
The Goods and Services Tax Council should consider raising the GST exemption threshold to Rs 1.5 crore annual turnover and also ...
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February 17, 2023, Friday
Labelling of millet-based health products to dictate 5% or nil GST
Issue of tax treatment of MUVs may be deferred at Feb 18 GST Council meet
