Page 123 - Gst

GST Council may replace 12% and 18% slabs with 14-15% one: Sushil Modi

At present, around 49 countries use a single GST rate, 28 use two rates and four countries, including India, have more

Digital push: You may soon get 'instant cashback' on your GST e-payments

GST Council meet to focus on MSME issues; it is proposed that consumers get instant cashback up to two percentage points for those paying digitally

CBIC issues GST refunds to the tune of Rs 543 billion up to July

By the end of July 31, the total amount of IGST refund claims disposed of stood at Rs 298.29 billion

Cabinet clears changes to GST laws relating to composition scheme, others

The amendments were cleared in a meeting chaired by Prime Minister Narendra Modi, said an official source

GST collections rise to Rs 964.83 bn in July, 6.6 mn GSTR 3B forms filled

The revenue collection figures do not reflect the impact of the recent tax rate cuts on 88 items

Proposed returns process to simplify GST regime, bring relief to taxpayers

Assessees will have to continuously upload invoices and keep track of matching purchase receipts with those of sales to claim input tax credit

GST evasion worth Rs 30 billion detected in 1 year: Govt informs Parliament

As many as 3.67 per cent of the registered tax payers contribute about 79.52 per cent of total tax collected

GST rate cut to weigh on India's fiscal consolidation efforts: Moody's

India's new lower GST rates on consumer goods ranging from footwear to washing machines took effect

Anti-profiteering authority asks inputs from Airtel, Indigo on GST benefits

The companies have been asked to submit the calculation within a fortnight, says a source

J&K High Court notices to Centre, GST Council and state govt over refunds

An order in the case may have ramifications for other states such as Himachal Pradesh, Uttarakhand and Sikkim which have incentives schemes

Jaitley sees GST rate cut on cement, ACs, TVs with rise in revenue

The tax reduction has reduced the cost to the consumers, increased his purchasing capacity and added to the increased consumption in the economy

Washing machines, fridges set to become cheaper by 7-8% post GST cut

Revision of GST rate from 28 per cent to 18 per cent will provide relief to the appliances industry

GST slab of 28% may become virtual 'hollow shell' in year or so, says CEA

GST Council has pruned the highest 28 per cent slab by cutting tax rates on 191 goods over the last one year

Rising GST collections to help cut tax rates, says FM Piyush Goyal

Anti-profiteering body to ensure benefit of exemptions on sanitary napkins passed on to consumers

GST exemption on warehoused gold a major relief to jewellery exporters

Banks will have to import gold and store it in a customs-bonded warehouse, and then supply to exporters without customs clearance; no relief for bullion refineries, however

GST Council can look at hiking filing threshold beyond Rs 50 mn: Goyal

The GST rate reductions and clarifications by the Council on Saturday will come into effect from July 27

GST: Gujarat cloth sellers down shutters in protest, demand tax exemption

Shops that remained open didn't see any business as they weren't allotted a GST number

GST rate cuts will lower India's tax collection by Rs 150 billion a year

The estimated loss in revenues comes at a time when India needs to keep its budget deficit in check as Modi prepares to ramp up spending on welfare programs

GST slabs can be reduced to three from five but will take time: Sushil Modi

Sushil Modi said that after implementation of GST, initially it was to ensure that there should be no revenue loss and then rate on many items were gradually reduced with stabilisation of revenue

Industry hails GST rate cuts, decision to allow quarterly filing of returns

CAIT said the single page return form to be filed quarterly for traders having turnover up to Rs 50 million is a bold step which will ease miseries of traders