Page 2 - Gst Regime

GST rate rationalisation: The larger objective

Besides merging the rate slabs of 12 per cent and 18 per cent, the GST Council could consider phasing out exemptions to those commodities that were subject to VAT duty by the States

GST shortfall: FinMin releases weekly instalment of Rs 6,000 cr to states

This takes the total amount released so far to Rs 95,000 crore

Businesses to get fully auto-populated monthly sales return form GSTR-3B

Businesses will now get complete auto-populated monthly sales return form GSTR-3B, GST Network said

AAR says GST be imposed on wellness centres depending on services offered

Case, relates to applicant Oswal Industries; authority observes that three types of rooms are offered by the applicant and therapy is strictly on residential basis

Gujarat HC allows tax credit on services under GST, signalling help to cos

Court strikes down an explanation Central GST rule, which the central government used to deny claim on input tax credit on services in case of inverted duty structure

Two years of GST regime

During the past two years, the government has responded promptly to most representations of the trade

After Assam, GST sops to woo investment set for a comeback in other states

The Assam Industries Scheme, 2017, notified on January 19 this year, allows eligible units reimbursement of state GST after utilisation of the input tax credit of available SGST and integrated GST

Scope for reducing GST slabs, hints Arun Jaitley

Currently, the GST regime slots items under rates of 5%, 12%, 18% and 28%

Only Rs 12,000-cr credit claims valid

GST regime allows tax credit on stock purchased during the previous tax regime

Apprehensions on GST proved unfounded: PM Modi

PM Modi reviewed the progress of nine vital infrastructure projects worth over Rs 56,000 crore

GST: Composition scheme picks up pace after deadline leeway

About 1 mn traders opt for window under GST regime

KCR's accusations on GST not proper: Bandaru Dattatreya

Bandaru Dattatreya asserted that the Centre never resorts to unilateral decisions

Got your June credit card, mobile bills now? Yes, you will have to pay GST

Most of the services attract a higher tax slab of 18% compared to around 15% service

GST protests: CAIT to meet trade leaders tomorrow to discuss issues

Meeting will have discussions on GST effects, implications, access, roadblocks & challenges

GST glitches: Govt increases count of consumer helplines from 14 to 60

The contact number of the national consumer helpline is 14404

GST on foodgrain: 5% tax only on branded cereals under trademark law

5% GST is applicable only on brand names which are in force under the Trade Marks Act, 1999

GST rate of 28% on watches might increase smuggling, cautions Titan

However, the company has ruled out any price increase immediately

Bad news for farmers: GST to increase cost of tractor production

Inverted duty structure may up input cost by Rs 25,000 a unit, firms' working capital by Rs 1,600 cr

Govt examines drawback benefit schemes in GST regime

Exporters remained wary about duty drawbacks as clarity over continuation remained a grey area

GST regime: Khadi yarn, Gandhi topi, national flag to not attract any tax

On the other hand, jewellery, pearls and coins will carry 3% levy from the next month