CBEC hereby appoints the officers in the Directorate General of Goods and Services Tax Intelligence, Directorate General of Goods and Services Tax and Directorate General of Audit
We have assembled today for an important moment in the journey of a great Nation. We are in the process of making history. With the launch of Goods and Services Tax. At the midnight hour We will be launching one of India’s biggest and most ambitious Tax and Economic Reform in history.
It has been noticed that a news item is in circulation in various social media platforms, WhatsAPP Groups, and some websites which mentions that Indian Railways is introducing several changes and new facilities with effect from 1st July, 2017. This news is totally incorrect and baseless.
I do not believe that this process of GST is restricted to the scope of economy only. This momentous occasion stands today as a testimony to the concept of Co-operative Federalism in Indian Democracy.
The Goods and Services Tax came into force at midnight, amid a historic midnight session in the Central Hall of Parliament. President Pranab Mukherjee, Prime Minister Narendra Modi, and Finance Minister Arun Jaitley addressed the gathering, before the President and the Prime Minister pressed a button to mark the launch of GST. Speaking on the […]
This is the beginning of a long journey, a journey which is for nation building and prosperity for all. I am happy to inform that the first Bill of Entry and Shipping Bill has been filed under the new tax regime at Chennai.
Much awaited Goods and Services Tax (GST) will finally be a reality tonight that would radically change the way manufacturer, service provider, trader and eventually the consumer, pay taxes to the exchequer, both at the state and Central level, through a single levy, subsuming a plethora of indirect taxes and making India unified market.
At the time of the release of the Foreign Trade Policy (1st April, 2015-31st March 2020), it was mentioned that the policy would be reviewed mid-term with the objective of making a mid-course assessment and modification where required. During one of the stakeholder consultations, it was announced that an effort will be made to release […]
Every decision in the GST Council, he pointed out, was taken with absolute unanimity with 3/4th majority, in which 2/3rd representation was from the States. In other words, he said that this is for the first time that a major decision in the Government has been taken with the spirit of absolute federalism with full cooperation of all the States and Union Territories of the Union.
Ministry of Railways is fully geared for the roll out of GST w.e.f. 1st July, 2017. Exemptions granted from the levy of GST in respect of Passengers travelling in Second class, Metro, Sleeper Class. Exemption from levy of GST granted in respect of Transportation by Rail of Agricultural Produce, relief materials, milk, salt, food grain […]
