GST Council

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1h
The Hindu
Back to the futurewell as the Cabinet Committee on Disinvestment to push through some of its bigg
The Hindu / Posted an hour ago
well as the Cabinet Committee on Disinvestment to push through some of its biggest decisions. The Goods and Services Tax (GST) Council has also formed two GoMs and several committees of officials to resolve the hurdles that have come up so far in... Read more
1d
asianage
Soon eating at AC restaurants will not cost you much, read whyMumbai: The GST Council may cut tax rate for air conditioned or AC restaurants
asianage / Posted yesterday
Mumbai: The GST Council may cut tax rate for air conditioned or AC restaurants that will make eating a dinner or a lunch at these eateries much cheaper. A report in The Times of India says the top most decision making body of GST may also do away... Read more
2d
Business Standard India
Karnataka shows way for goods tracker systemGST evasion and will not work against honest taxpayers. Experts say it will inc
Business Standard India / Posted 2 days ago
GST evasion and will not work against honest taxpayers. Experts say it will increase compliance burden for companies. The GST Council had deferred implementation of the e-way bill, which was to be put in place by ... Key stories on... Read more
2d
Business Standard India
Steady ondisruptive impact of the GST, with its myriad built-in complexities in rates an
Business Standard India / Posted 2 days ago
disruptive impact of the GST, with its myriad built-in complexities in rates and exemptions, it may be premature for the GST Council to consider bringing real estate and fuel (petrol and diesel) under the purview of this new indirect taxation... Read more
2d
New Kerala
Small traders see decline in sales amid falling gold prices - newkerala news #281259a topic of relentless debate, ever since its inception on July 1. While initial
New Kerala / Posted 2 days ago
a topic of relentless debate, ever since its inception on July 1. While initial loopholes were detected and rectified, the GST council through their meetings stated that they were open to further discussion and redressal of grievances, wherever... Read more
5 related articles
2d
Business Standard India
Modi flays Congress, assures traders on GST in Gandhinagar: Key highlightson the issue of development and stop misleading people," Modi said. 2) PM Modi
Business Standard India / Posted 2 days ago
on the issue of development and stop misleading people," Modi said. 2) PM Modi asserted that the Goods and Services Tax (GST) regime was a collective decision of all political parties and state governments and that the Centre was only a small... Read more
20 related articles
3d
dna
Nitish Kumar supports Arun Jaitley's proposal for bringing real estate under GSTof his weekly public interaction programme, Kumar said Bihar was among the firs
dna / Posted 3 days ago
of his weekly public interaction programme, Kumar said Bihar was among the first states to have raised this demand at a GST Council meeting. "We have always supported the GST and other measures that targeted black money holders. In fact, Bihar... Read more
2 related articles
3d
The Hindu
GST alters tax-exempt status, say envoysdiplomatic practices and privacy of foreign diplomats posted in India. He said
The Hindu / Posted 3 days ago
diplomatic practices and privacy of foreign diplomats posted in India. He said the presentation by the officials from the GST Council and the MEA did not help matters as the procedure continues to remains cumbersome. “We hope the government of... Read more
3d
Business Standard India
Items in 28% GST rate slab need to be pruned, says Hasmukh Adhia"It is required, the fitment of rates which has happened is mainly based on exc
Business Standard India / Posted 3 days ago
"It is required, the fitment of rates which has happened is mainly based on excise and VAT," he said when asked if the GST Council is considering pruning of the number of items in 28 per cent tax bracket. The Goods and Services Tax (GST), rolled out... Read more
3d
Business Standard India
Congress 'an equal partner' in GST decision, says PM Modi in Gandhinagarto bring in GST. You are all partners in this decision". "The central governme
Business Standard India / Posted 3 days ago
to bring in GST. You are all partners in this decision". "The central government is only a 30th part in the entire GST Council," the Prime Minister said, indicating that the responsibility for the problems because of the new tax regime... Read more
3d
asianage
Number of items in 28 per cent GST slab will be brought down: Adhiais required, the fitment of rates which has happened is mainly based on excise
asianage / Posted 3 days ago
is required, the fitment of rates which has happened is mainly based on excise and VAT," he said when asked if the GST Council is considering pruning of the number of items in 28 per cent tax bracket. Goods and Services Tax (GST), rolled... Read more
3d
asianage
Economic recovery likely to have taken hold in September quarter: Morgancars, two wheelers and medium and heavy commercial vehicles, also supported thi
asianage / Posted 3 days ago
cars, two wheelers and medium and heavy commercial vehicles, also supported this view. The report further noted that the GST Council recently approved a package of measures to relieve some procedural requirements for exporters, and this in turn... Read more
3d
asianage
Bring real estate under GST, says Manish Sisodiahas demanded that the matter of bringing the real estate sector under the GST r
asianage / Posted 3 days ago
has demanded that the matter of bringing the real estate sector under the GST regime be included in the agenda for the next GST Council meeting to be held at Guwahati on November 9. He argued that in the real estate sector, primary step is the... Read more
2 related articles
4d
Business Standard India
States may want to study GST revenue flow: Hasmukh AdhiaEdited excerpts: The ministry of petroleum wants to include oil under GST. Will
Business Standard India / Posted 4 days ago
Edited excerpts: The ministry of petroleum wants to include oil under GST. Will this come for fresh discussion in the GST Council anytime soon? Petroleum is a big agenda. We are yet to figure a trend of income coming from the items already... Read more
4d
Business Standard India
GST on real estate likely to be a lengthy journeyto discuss the issue in Guwahati next month. Deliberations will have to be held
Business Standard India / Posted 4 days ago
to discuss the issue in Guwahati next month. Deliberations will have to be held at the meeting (due November 10) of the GST Council on whether only land will come under the new indirect tax or if stamp duty will also be included, a senior source... Read more
4d
Business Standard India
GST machinery still unrollingAfter the October 6 meeting of the Goods and Services Tax (GST) Council, the fi
Business Standard India / Posted 4 days ago
After the October 6 meeting of the Goods and Services Tax (GST) Council, the finance minister had announced that the process of refund of Integrated GST (IGST) paid on export goods in July would begin from October 10. The start of this process is... Read more
4d
New Kerala
Sisodia writes to Jaitley, urges inclusion of real estate under GST - newkerala news #280794political willpower' required to implement this, Sisodia suggested that the top
New Kerala / Posted 4 days ago
political willpower' required to implement this, Sisodia suggested that the topic be discussed in the next meeting of the GST Council, scheduled for November 9. "Having strongly argued in favour of bringing real estate under the GST ambit, I have... Read more
2 related articles
4d
asianage
Group of ministers meet today to discuss GST composition schemeonly over 15.50 lakh businesses out of 98 lakh registered under the GST regime
asianage / Posted 4 days ago
only over 15.50 lakh businesses out of 98 lakh registered under the GST regime opting for the composition scheme, the GST Council decided to set up the GoM to examine ways of making it more attractive. Businesses with turnover of up to Rs 1... Read more
5d
The Hindu
The calling card this Deepavali is good old cashregistered on it. The rules also say that, once registered on the GSTN, these v
The Hindu / Posted 5 days ago
registered on it. The rules also say that, once registered on the GSTN, these vendors have to file regular returns. The GST Council recently changed the rules and reduced the compliance burden on small businesses by allowing those with a... Read more
5d
asianage
Put real estate under 12 per cent GST bracket: DLF CEOin taxation, and the buyers would have access to complete payment information,"
asianage / Posted 5 days ago
in taxation, and the buyers would have access to complete payment information," Rajiv told ANI. Further, he suggested the GST council to move towards a single slab structure of taxation, as there will be a clear distinction between how much is... Read more
6d
New Kerala
Real Estate under GST: DLF CEO proposes 12 percent tax, inclusive of land price - newkerala news #280323in taxation, and the buyers would have access to complete payment information,"
New Kerala / Posted 6 days ago
in taxation, and the buyers would have access to complete payment information," Rajiv told ANI. Further, he suggested the GST council to move towards a single slab structure of taxation, as there will be a clear distinction between how much is... Read more
6d
Business Standard India
Petroleum products should come under GST: Bihar FM Sushil Modithat petroleum products should be brought under the goods and services tax (GST
Business Standard India / Posted 6 days ago
that petroleum products should be brought under the goods and services tax (GST) regime. Modi, also a member of the GST council, said that many states are of the view that petrol and diesel should come under the new indirect tax regime,... Read more
6d
The Economic Times
Exporters to get GST refund in bank account filed with customsafter exporting them. This had put severe liquidity crunch, particularly on agg
The Economic Times / Posted 6 days ago
after exporting them. This had put severe liquidity crunch, particularly on aggregators. To ease their problems, the GST Council last week decided a package for them that includes extending the Advance Authorisation / Export Promotion Capital... Read more
6d
The Economic Times
File GSTR-3B return before Diwali: CBECAnnual Mahindra Lecture at Harvard University in the US. He said, the issue wo
The Economic Times / Posted 6 days ago
Annual Mahindra Lecture at Harvard University in the US. He said, the issue would be taken up at the next meeting of the GST Council scheduled for November 9. Petroleum products, alcohol and real estate are three sectors which are still outside... Read more
6d
The Economic Times
Department of Posts offers insurance scheme to listed companies' employeesbig in India's future This disillusioned Mumbai pilot proves 'Make in India' i
The Economic Times / Posted 6 days ago
big in India's future This disillusioned Mumbai pilot proves 'Make in India' is just a slogan IMF says universal basic income could offer right fix to India's poverty problem GST Council to discuss bringing real estate under its ambit: Arun Jait... Read more
6d
New Kerala
Leasing of vehicles purchased and leased prior to 1st July, 2017 would attract GST - newkerala news #280187New Delhi : In order to provide relief to old/existing leases of motor vehicles
New Kerala / Posted 6 days ago
New Delhi : In order to provide relief to old/existing leases of motor vehicles, GST Council in its 22nd Meeting held on the 6th October, 2017 in the national capital took several decisions in respect of motor vehicles purchased and leased prior to... Read more
2 related articles
6d
New Kerala
Bringing real estate under GST will be a 'disaster': newkerala news #280161Arun Jaitley on Thursday said that the issue of bringing real estate under the
New Kerala / Posted 6 days ago
Arun Jaitley on Thursday said that the issue of bringing real estate under the GST's ambit will be discussed in the next GST Council meeting to be held on November 9 in Guwahati. Talking to ANI, Congress leader Raju Waghmare said, "BJP and Arun... Read more
6d
The Economic Times
GST effect: Intellectuals, writers step in to put pressure on SiddaramaiahBENGALURU: Pressure is building on chief minister Siddaramaiah to intercede wit
The Economic Times / Posted 6 days ago
BENGALURU: Pressure is building on chief minister Siddaramaiah to intercede with the GST council and the Central government on behalf of rural activists who are demanding removal of taxes on all products manufactured and sold by rural... Read more
7d
The Economic Times
Leased vehicles: Government provides clarity on tax ratea tax equivalent to 65 per cent of the current applicable GST rate for a period
The Economic Times / Posted 7 days ago
a tax equivalent to 65 per cent of the current applicable GST rate for a period of 3 years, the government said today. The GST Council, comprising Union Finance Minister Arun Jaitley and state finance ministers, in its last meeting on October 6 had... Read more
2 related articles
7d
The Economic Times
Petroleum products should come under GST: Sushil Modiof GSTN, today said petroleum products should be brought under the Goods and Se
The Economic Times / Posted 7 days ago
of GSTN, today said petroleum products should be brought under the Goods and Services Tax. Modi, also a member of the GST council, said that many states are of the view that petrol and diesel should come under the new indirect tax regime,... Read more
7d
asianage
Govt to discuss bringing real estate under GST in Nov: Jaitleymaximum amount of tax evasion and cash generation takes place. The matter will
asianage / Posted 7 days ago
maximum amount of tax evasion and cash generation takes place. The matter will be discussed in the next meeting of the GST Council to be held on November 9 in Guwahati, Jaitley said while delivering the 'Annual Mahindra Lecture' on India's tax... Read more
6 related articles
7d
The Economic Times
GST Council to discuss bringing real estate under its ambitThe matter will be discussed in the next meeting of the GST Council to be held
The Economic Times / Posted 7 days ago
The matter will be discussed in the next meeting of the GST Council to be held on November 9 in Guwahati, Jaitley said while delivering the 'Annual Mahindra Lecture' on India's tax reforms at the prestigious Harvard University. "The one sector in... Read more
6 related articles
7d
New Kerala
GST rate structure for Petroleum and Oil Sector - newkerala news #279842oil in GST and to incentivise investments in the E and P (exploration and produ
New Kerala / Posted 7 days ago
oil in GST and to incentivise investments in the E and P (exploration and production) sector and downstream sector, the GST Council in its 22nd meeting held on 6th October, 2017 has made the following recommendations for GST rate structure for... Read more
5 related articles
8d
Business Standard India
Only 70% file detailed return for Julyfiling returns. In addition, tax officers will take suggestions for improving t
Business Standard India / Posted 8 days ago
filing returns. In addition, tax officers will take suggestions for improving the returns filing process. Last week, the GST Council, chaired by Union finance minister Arun Jaitley, eased compliance rules for small and medium enterprises. Those... Read more
11 related articles
8d
The Economic Times
Import of oil-drilling rigs kept out of GST purviewthe goods and services tax (GST) levy to give a boost to domestic exploration a
The Economic Times / Posted 8 days ago
the goods and services tax (GST) levy to give a boost to domestic exploration and production, the government has said. The GST Council has also cut tax rate on bunker fuel to 5% from 12%. Nearly all deep sea drilling rigs are imported, and a bulk... Read more
5 related articles
8d
The Hindu
Council acts to ease cascading tax impact on petroproductsThe Centre on Wednesday said that the GST Council had at its meeting on October
The Hindu / Posted 8 days ago
The Centre on Wednesday said that the GST Council had at its meeting on October 6 taken decisions to reduce the cascading effect of excluding petrol, diesel, ATF, natural gas and crude oil from the purview of GST. The decisions include cutting the... Read more
5 related articles
8d
Business Standard India
Attempts to derail GST have failed: Arun Jailteysaid, adding that the government needs to have capacity to distinguish between
Business Standard India / Posted 8 days ago
said, adding that the government needs to have capacity to distinguish between a genuine and a manufactured complaint. The GST Council, according to Jaitley, is India's first genuine federal institution, which meets every month, reviews the monthly... Read more
20 related articles
8d
New Kerala
Finance Ministry incentivizes revised GST rates on Petroleum, Oil Sector - newkerala news #279594on Wednesday stated that notifications to give effect to the proposals would be
New Kerala / Posted 8 days ago
on Wednesday stated that notifications to give effect to the proposals would be issued shortly. In the 22nd meeting of the GST Council held on October 6, it was proposed that offshore works contract services and associated services relating to oil... Read more
5 related articles
8d
New Kerala
India has potential to be a much cleaner economy: Jaitley in New York - newkerala news #279592to GST has been fairly smooth despite attempts by the opposition to derail it.
New Kerala / Posted 8 days ago
to GST has been fairly smooth despite attempts by the opposition to derail it. "People can expect a lot of compression and changes of the rates in the times to come," Jaitley added The GST Council will next meet on November 9 and 10 in Gu... Read more
20 related articles
8d
asianage
Oil drilling rigs import exempt from GST to boost local outputgas in the GST regime. Revenue Secretary Hasmukh Adhia had briefed that meetin
asianage / Posted 8 days ago
gas in the GST regime. Revenue Secretary Hasmukh Adhia had briefed that meeting about some of the decisions that the GST Council had taken at its last meeting on October 6 to give some relief to the sector that has been majorly hit because of... Read more
5 related articles
8d
The Economic Times
Modi's economy team meets today for 1st time with these 4 points in mindper cent growth. China retained the same rate of growth in the April-June quart
The Economic Times / Posted 8 days ago
per cent growth. China retained the same rate of growth in the April-June quarter too. Goods and Services Tax Though the GST Council has offered relief in various forms to businesses, GST has not yet started a smooth run. The GST revenue... Read more
8d
The Economic Times
India reduces GST on bunker fuels; sets tax for offshore exploration, gas salesgas in the GST regime. Revenue Secretary Hasmukh Adhia had briefed that meetin
The Economic Times / Posted 8 days ago
gas in the GST regime. Revenue Secretary Hasmukh Adhia had briefed that meeting about some of the decisions that the GST Council had taken at its last meeting on October 6 to give some relief to the sector that has been majorly hit because of... Read more
5 related articles
8d
The Economic Times
Procedural uncertainties, GSTN issues major downsidePost this, there was another issue of delay in payment of refund for exports, r
The Economic Times / Posted 8 days ago
Post this, there was another issue of delay in payment of refund for exports, resulting in working capital blockage. The GST Council has announced an expedited schedule for manual processing and release of such refunds and it should give the much... Read more
8d
The Economic Times
Rabo Equity to raise $400 million for India playbe replaced by big bang approach If necessity is the mother of invention, dire
The Economic Times / Posted 8 days ago
be replaced by big bang approach If necessity is the mother of invention, dire necessity is the mother of Jugaad: Part 2 GST Council decisions provide relief to SME sector: India Inc Back small, medium businesses to create jobs, Rahul urges... Read more
9d
Business Standard India
66% file sale returns under GSTof the GST. The deadline ended at midnight. The deadline to file GSTR-1 was ext
Business Standard India / Posted 9 days ago
of the GST. The deadline ended at midnight. The deadline to file GSTR-1 was extended by a month from September 10 at the GST Council meeting last month in Hyderabad. Earlier, the deadline was extended from September 5 on account of technical... Read more
9d
New Kerala
Tally launches updated .ERP9 Release 6.1.1 - newkerala news #279310New Delhi , Oct. 10 : In the wake of the changes proposed by the Goods and Serv
New Kerala / Posted 9 days ago
New Delhi , Oct. 10 : In the wake of the changes proposed by the Goods and Services Tax (GST) Council in their meeting on October 6, Tally Solutions, a business software provider launched the updated Tally.ERP9 Release 6.1.1, the latest in its suite... Read more
9d
Business Standard India
Diwali bonanza: Petrol, diesel to cost less in Gujarat, Maharashtramust be tax rationalisation. GST is a well-thought mechanism by the Government
Business Standard India / Posted 9 days ago
must be tax rationalisation. GST is a well-thought mechanism by the Government of India and the states, they developed the GST Council... “There are two kinds of taxes (on petroleum products). One is the central excise and the other one is state... Read more
12 related articles
9d
New Kerala
PM's interaction with global oil and gas CEOs and experts - newkerala news #279160and electricity in the GST framework. The Revenue Secretary, Shri Hasmukh Adhia
New Kerala / Posted 9 days ago
and electricity in the GST framework. The Revenue Secretary, Shri Hasmukh Adhia, highlighted the recent decisions of the GST Council regarding the oil and gas sector. Thanking the participants for sharing their views, the Prime Minister said... Read more
11 related articles
9d
The Hindu
India’s transition to GST fairly smooth despite attempts to derail itsaid, adding that the government needs to have capacity to distinguish between
The Hindu / Posted 9 days ago
said, adding that the government needs to have capacity to distinguish between a genuine and a manufactured complaint. The GST Council, according to Jaitley, is India’s first genuine federal institution, which meets every month, reviews the monthly... Read more
20 related articles
9d
asianage
India's transition to GST smooth despite attempts to 'derail' it: Jaitleysaid, adding that the government needs to have capacity to distinguish between
asianage / Posted 9 days ago
said, adding that the government needs to have capacity to distinguish between a genuine and a manufactured complaint. The GST Council, according to Jaitley, is India's first genuine federal institution, which meets every month, reviews the monthly... Read more
20 related articles
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