Page 29 - Gst Council

Gas and ATF likely to be brought under GST soon, says govt source

Experts said that the ATF price would come down if it is kept in the 18% GST bracket

Gujarat HC serves notices on govt, GST council for breach of refund norms

Under the Rule 92 of the Central GST (CGST) Act, the claim of the refund has to be made in the RFD 04 form. Thereafter, the officer concerned can accept or reject the claim after his investigations

Bring natural gas, aviation turbine fuel in GST ambit: Dharmendra Pradhan

FM Sitharaman assures sanctity of contracts

Pragmatic tax collection can cut fiscal deficit

Time has come to monitor empirically the buoyancy and elasticity of the tax system

GST Council does some corrections

The GST Council has shown willingness to listen and make necessary course corrections

Double tax relief expands room for growth of hotel firms; stocks rise

While lower GST would push occupancy and thereby aid room rates, lower corporate tax rate should add to earnings

GST council meet: Hotel owners and operators cheer tax reduction

Removal of compensation cess on all manufacturers of aerated drinks brought some breather for beverage majors

US corporate sector hails India's move to cut income tax rate for companies

This is a welcome step to reverse the economic slowdown

Serious revenue issues to arise for states after FY22: Bengal FM Amit Mitra

States' developmental expenditure has gone up from 40 per cent to 60 per cent. There is a huge burden on states

GST Council meet: In-principle decision to link Aadhaar with registration

The council also decided to a withdraw a circular issued in June which prescribed that the additional discount given by a company to a dealer in certain cases will be liable for Goods and Services Tax

Highlights: GST Council announces steps to help tourism, trade

GST council meeting Live updates: All eyes are on GST council's meeting in Goa after the government announced slashing corporate taxes.

Top events today: GST Council meet, Vivo V17 Pro launch, and more

From GST Council meet to Vivo V17 Pro launch in India, here are some of the most important news events scheduled for today

Fitment panel rejects demands of GST rate cut for auto, biscuit industry

The Committee also rejected the telecom ministry's proposal to reduce GST rate for telecom services from the present 18 per cent to 12 per cent, sources said

GST Council meeting likely to witness a heated debate over lottery rates

Centre will push for single rate; Kerala wants to retain current dual structure

From cars to biscuits, GST Council to decide on rate cuts in Friday meeting

There have been demands pouring in from various sectors from biscuits to automobiles and FMCG to hotels to reduce tax rates in the wake of perceived economic slowdown

Auto firms must take up GST rate cut demand with state FMs: Anurag Thakur

Minister of State for finance, Anurag Thakur said the government has already come out with slew of measures to address challenges faced by the auto industry

Single authority mechanism for processing GST refunds to exporters soon

Move will help sanction and process refunds faster; may boost exports

GST Council may cut tax on hybrid vehicles as auto sector battles slowdown

The government is examining a rate reduction for such vehicles by doing away with the cess, which will bring down the tax incidence from 43% to 28%

GST mop-up less than Rs 1 trillion in August; Council to meet this month

This was the second month in the current fiscal year that the collections could not hit the Rs 1-trillion mark, the first being June

Road ministry seeks GST rate cut for hybrid cars and CNG vehicles

Late last month, the GST Council had cut rates on EVs from 12% to 5%