Page 30 - Gst Council

Is a GST Council-like federal body for public expenditure a good idea?

The GST Council, chaired by the union finance minister, comprises finance ministers of all states

GST Council to meet on July 25, decide on tax cut for electric vehicles

The recommendations of the officers committee is likely to be placed before the Council on July 25, officials said

EV makers welcome GST rate reduction, seek similar cut for spare batteries

It also slashed the Goods and Services Tax (GST) on EV chargers from 18% to 5%

15th Fin Commission rejects central tax pool demand by Delhi, Puducherry

The Commission will not consider their memorandums

GST Council trims rate on EVs to 5% in bid to boost electric mobility

EVs, chargers to be taxed at 5%, against 12% and 18% at present

GST rate on EVs cut from 12% to 5%; reduced rate effective from August 1

The GST Council has also approved exemption from GST on hiring of electric buses by local authorities

FM Nirmala Sitharaman busy, GST Council meet pushed back to Saturday

The meeting, which was to be held through a video conferencing, had a single agenda to boost production of electric vehicles

Petroleum products should be brought under GST, suggests Assocham

The two-year period for keeping petroleum products outside GST is almost over, said Assocham

Sitharaman's first Budget gives breather for delay in payments towards GST

The current mechanism of filing returns is being replaced by simplified forms that would come into operation in phases

Two years on, still not a good and simple tax: What ails the GST regime

Find a fix for anti-profiteering measures, filing glitches, advance ruling mechanism, say experts

Raw deal

GST Council has gone overboard on anti-profiteering

GST Council grappling with how to impose uniform tax rate on lotteries

The state-run lotteries draw a 12 per cent and the state-authorised lotteries attract the peak rate of 28 per cent

GST Council may meet next month; NAA extension likely to be on agenda

May take up pending issues requiring immediate attention

GST Council gives firms more flexibility on use of input tax credit

Any company would now be eligible to use credit available against paid integrated GST (IGST) to set off tax liabilities of state GST (SGST) and central GST (CGST) in any proportion and in any order

GST Council meeting adjourns, fails to arrive at a consensus on real estate

There were differences between the members of the Council on real estate

Delhi HC issues notices to GST Council, CBIC on order against Excel Rasayan

The GST rate on detergents were cut from 28% to 18% on November 15, 2017

Proposal to encourage taxmen to file GST profiteering complaints on anvil

Once the tax officers find that GST benefits have not been passed on to the consumers, they will refer the case for further investigation to the Directorate General of Anti-Profiteering (DGAP)

Another sop story

GST Council's relief to MSMEs is welcome

Some year-end cheer from GST Council

Big relaxation is decision to allow ITC against invoices issued by a supplier during 2017-18 till April 20, 2019, the due date for furnishing of form GSTR-3B for March, subject to specified condition

GST Council likely to lower GST on under-construction homes to 5%

Currently, the Goods and Services Tax is levied at 12 per cent on payments made for under-construction property or ready-to-move-in flats