Goods and Services Tax : This article explains the role and powers of the GST Council in shaping tax policy. It highlights how its decisions directly affec...
Goods and Services Tax : जीएसटी परिषद की 56वीं बैठक में ज़रूरी वस्तुओं, ऑटो...
Goods and Services Tax : The GST Council proposes new rates for the paper sector. GST is eliminated on notebook paper, reduced on pulp, and increased on ot...
Goods and Services Tax : The GST Council has proposed reducing or removing GST on educational items. Erasers, notebooks, pencils, and maps would become tax...
Goods and Services Tax : GST rates on a variety of daily use products will be reduced from 12% and 18% to 5%. This includes household goods, personal care ...
Goods and Services Tax : Key FAQs on GST rate changes from the 56th GST Council, covering goods, services, vehicles, and exemptions effective from 22 Septe...
Goods and Services Tax : 55th GST Council meeting recommends tax reductions, exemptions, and compliance measures, including lower GST on fortified rice ker...
Goods and Services Tax : The Second National Conference of GST Enforcement Chiefs focused on addressing fake registrations and enhancing compliance through...
Goods and Services Tax : Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, a...
Goods and Services Tax : Key GST updates: CGST amendments in Budget 2024, Circulars on officer reassignment, recovery guidelines, and service taxability cl...
Goods and Services Tax : The Madras High Court held that manufacturers of alcoholic liquor cannot be denied C-Forms for inter-State ENA purchases because t...
Goods and Services Tax : Rajasthan HC dismisses petition challenging 18% GST on samosa and kachori, directs Sodhani Sweets to approach the Appellate Author...
Goods and Services Tax : Jharkhand High Court disposes of B D Enterprises' petition against GST Input Tax Credit time limits, aligning with the 53rd GST Co...
Goods and Services Tax : Madras HC rules on GST for flavoured milk in Parle Agro case. Key verdict on classification; implications for businesses....
Goods and Services Tax : SC held that recommendations of the GST Council are not binding on the Union and States. It held that Recommendations of the GST C...
Goods and Services Tax : The Ministry of Finance has reduced the Compensation Cess rate to Nil for several items, effective September 22, 2025, per a new n...
Goods and Services Tax : The 56th GST Council Meeting will be held in New Delhi on September 3rd and 4th, 2025, with a preceding officers' meeting on Septe...
Goods and Services Tax : Office Memorandum details updated GoM composition for Restructuring Compensation Cess, led by Union Minister of State for Finance....
Goods and Services Tax : The GST Council Secretariat has updated the composition of the Group of Ministers (GoM) on Life and Health Insurance, effective Ju...
Goods and Services Tax : A Group of Ministers (GoM) is set up to evaluate the feasibility of a special cess under GST for disaster relief and recommend a u...
The Government is not thinking to hike service tax if GST roll out is delayed. The Government is taking steps to expedite the GST and to take the concerns of the States on board.
GST Council agreed that all entities exempted from payment of indirect tax under any existing tax incentive scheme shall pay tax in the GST regime and that in case the Central or State Government decided to continue any existing exemption/incentive/deferral scheme, then it shall be administered by way of a reimbursement mechanism through the budgetary route.
GST would become a reality and the nation could witness changes in the traditional ways of doing business. Businesses right now have the option to proactively embrace this reform, understand its intricacies and take a business advantage out of this change by acting immediately.
In an attempt to try and bridge differences on the contentious issues such as administrative control over taxpayers under the Goods and Services Tax (GST), the all-powerful GST Council headed by the Honble Finance Minister, Mr. Arun Jaitley met for the ninth time in a row to clear all gathered clouds over the GST and brightening its prospects of implementation soon.
8th GST Council meet concluded on January 4, 2017, but, the deadlock continues between the Centre and the States on the vexed issue of cross empowerment, or dual control of assessees.
In GST Model LAW 2016, the government has put a big responsibility on the shoulders of CMAs and has asked them to verify various transactions of business houses through audit, inspection, verification and certification.
GST Council members debated on Model Central/State legislation and finally, Council reached a broad consensus on draft of CGST and SGST
The government of India is very keen to introduce Goods and Service Tax in India from 1st April 2017 and the preparation for the same is in full swing.
आइये समझे कि क्या स्वरुप होगा भारत में लगने वाले जी.एस.टी. का और किस तरह करदाता इसका पालन करेंगे और इसका क्या प्रभाव पडेगा भारतीय उपभोक्ताओं पर, और सरकार की किस तरह की तैयारी है जी.एस.टी. को लेकर . इसके अतिरिक्त इस समय जी.एस.टी. को लेकर नया क्या हो रहा है और अंत में क्या संभावना है कि जी.एस.टी. 1 अप्रैल 2017 से लागू हो पायेगा या नहीं और साथ ही कुछ और भी महत्वपूर्ण प्रश्न जी.एस.टी. को लेकर :-
6 important decisions taken in the last six Meetings of the GST Council are: i. The threshold limit for exemption from levy of GST would be Rs.20 lakhs for normal States (Rs.10 lakhs for the Special Category States enumerated in Article 279A of the Constitution).
