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Govt. specifies list of items on which GST rate have been reduced
News & FAQs | By ALOK PATNIA | Nov 14, 2017
The GST Council has specified the list of 177 items on which GST rate would be reduced from 28% to 18%. Further, on two items GST rate wo...
Improve GST filing services: Gujarat traders
News & FAQs | By ALOK PATNIA | Nov 13, 2017
Gujarat traders have welcomed the changes in GST structure, but have urged the Centre to “improve filing services” on war footing. Nitesh...
Post tax rate cut, FMCG firms set to reduce prices
News & FAQs | By ALOK PATNIA | Nov 13, 2017
Prices of shampoo, chocolates, nutrition drinks and condensed milk are set to drop 5-15% after the GST Council eased these from higher ta...
GST Compliances eased for taxpayers having upto Rs. 1.5 crore
GST & Other Indirect Taxes | By Dipanjali Chakraborty | Nov 11, 2017
The GST Council on Friday provided the much-needed relief to businesses by easing return filing requirements as well as lowering the pena...
Composition scheme receives huge boost after GST Council Meeting
GST & Other Indirect Taxes | By Dipanjali Chakraborty | Nov 11, 2017
The 23rd GST Council Meeting was held yesterday, on 10th November 2017. The meeting had some huge perks to offer – much needed ones...
GST Council raises composition scheme threshold to Rs 2 crore
News & FAQs | By ALOK PATNIA | Nov 10, 2017
1. The Goods and Services Tax (GST) Council today decided to slash rates on more than 175 items, reducing taxes on these from the existin...
Here’s what could become cheaper after GST Council’s meet today
News & FAQs | By ALOK PATNIA | Nov 10, 2017
The GST Council may today consider reducing items in the 28 per cent tax slab and slash rates for daily use items, plastic products and h...
Centre likely to announce procedure to address GST-related issues promptly
News & FAQs | By ALOK PATNIA | Nov 10, 2017
The government is looking to announce a procedure wherein the GST Council can address issues related to the indirect tax regime either su...
Individuals to help out with GST returns at seva kendras
News & FAQs | By ALOK PATNIA | Nov 10, 2017
The government plans to tap the Central Board of Excise and Customs’ vast network of 4,500 GST seva kendras to help small businesse...
GST council likely to slash tax on 80 per cent items of top rate slab: Sushil Modi
News & FAQs | By ALOK PATNIA | Nov 9, 2017
Bihar Deputy Chief Minister Sushil Kumar Modi, who is also a member of the GST council, today said tax rates on 80 per cent items of top ...
Advisory Group to discuss ways to simplify GST for traders
News & FAQs | By ALOK PATNIA | Nov 9, 2017
The Advisory Group to the Law Review Committee of GST Council will meet here tomorrow to discuss the proposed amendments in rules and mak...
Hopes rise over GST Council meeting
News & FAQs | By ALOK PATNIA | Nov 9, 2017
Likely to bring 80% of goods from 28% to 18% bracket, offer lower rates on composition scheme and simplify filing norms. The Goods and Se...
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