Page 185 - Gst

Petroleum sector to be part of GST soon: Pradhan

LPG project, gas pipeline to extend to Nepal

New board for indirect taxes to replace CBEC from June 1 under GST regime

Sources say there will be no need for different commissionerates for different taxes

GST draft bills tabled in Parliament; peg peak rate at 40%

FM introduced Central GST, Integrated GST, Union Territory GST and Compensation Law for passage

Centre to get more from residual GST Compensation Fund

The Bill also stipulates the base year for calculating revenue of a state would be 2015-16

With 4 Bills in Parliament, Arun Jaitley paves way for landmark GST regime

New Delhi expects to get Parliament's nod for the four Bills in the current session

GST related Bills tabled in Lok Sabha, Arun Jaitley set to meet July target

C-GST and GST Compensation Bills were introduced in the Lok Sabha today

Arun Jaitley discusses GST, other economic issues with Maharashtra FM

Meeting was also attended by SBI Chairman Arundhati Bhattacharya, among others

Govt may table GST Bills in Parliament on Monday

Government is looking at passage of GST Bills in the Lower House by March 29 or latest by March 30

CBEC to be renamed CBIC, revamped for GST regime

New avatar to assist govt in GST policy making, continue excise levy, Customs functions

Govt forms 10 groups to sort out sector-specific issues under GST

With GST all set to be rolled out from July one, the government has set up ten working groups to address the concerns of the industry .The groups include the ones on banking, telecom, exports, information technology, transport, textiles, MSMEs, gems and jewellery and services received and provided by the government. The groups have been asked to to give suggestions on procedural simplifications and possible rate structure. The deadline of submitting reports by the groups is April ten. Some of the issues that will be tackled by the groups include how to handle services provided between establishments of same entity without invoice or payment in certain sectors with high volumes of transactions with operations spread on a country-wide basis. The other matter is compliance challenges for small and medium sector in an automated environment with end-to-end matching of invoices. Issues raised by sectors employing large work force and with vast disparity such as textiles will also be ...

Petroleum is a part of GST, but will apply after states agree: Arun Jaitley

Till then, petroleum products would continue to be taxed as per the current taxation regime

GST Bill to be tabled in Lok Sabha on Friday

The incorporation of the GST is believed to ease the collection and payment of indirect taxes

Jaitley underlines urgency to pass GST bills in this Parliament session

If GST isn't implemented by September 15, govt's legal entitlement for collection of taxes will end

Government likely to table 4 GST bills in Parliament today

The Cabinet cleared four GST related bills to enable roll-out of the GST from July 1

Govt to soon introduce 5 bills for implementation of GST: FM Jaitley

He informed that fifth legislation will amend Excise and Customs Acts

Arun Jaitley hopes GST roll out from July 1 to make goods cheaper

In terms of tax compliances, he said India ranks fairly high as a non-compliant state

GST all set for July 1 rollout but casts shadow on state budgets

Central GST, Union Territory GST, Integrated GST, Compensation Bills will be tabled in Parliament

GST rollout from July 1: Cabinet clears the decks by okaying 4 draft Bills

Clearing the way for a July 1 rollout, the Union Cabinet on Monday approved four Bills on a national goods and services tax (GST). The decision comes two working days after the the GST Council cleared these -- Central GST (CGST), Union Territory GST (UTGST), Integrated GST (IGST) and the Compensation Bill.These are now set to be introduced in Parliament within this week, most likely as money Bills and so, not needing approval of the Rajya Sabha, where the government does not have a majority. However, that apart, the Bills are the product of a broad political consensus. "It is expected that implementation of GST will lead to an increase in Gross Domestic Product (GDP) by one to two per cent, leading to more employment and productivity," went an official statement. GST will subsume various indirect levies of the Centre and states -- service tax, excise duty, octroi and value added tax, among others, and create an input tax credit chain for refunds. This would mitigate the present ...

One step closer to July deadline: Cabinet approves 4 GST bills

The new tax is expected to boost the rate of economic growth by about 0.5 percentage points

Getting SMEs ready for GST

Barely 10% of small businesses are in a GST-ready position, say experts