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Bills In Lok Sabha Seek Levies On Tobacco, Pan Masala After GST Phaseout
The Central Excise (Amendment) Bill provides for a new central excise duty on tobacco products like cigarette, chewing tobacco, cigars, hookahs, zarda, and scented tobacco.
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Bill To Amend Central Goods And Services Tax Act Introduced In Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with Tribunal Reforms Act to initiate the administrative process for operationalisation of the Goods and Services Tax Appellate Tribunals was introduced in Lok Sabha on Wednesday.
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28% GST On Online Gaming Set To Be Implemented From October 1
The Central Board of Indirect Taxes and Customs (CBIC) Chairman, Sanjay Agarwal, has announced that India is prepared to implement a 28 per cent Goods and Services Tax (GST) rate on online gaming starting from October 1.
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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Man Arrested For Input Tax Credit Fraud Of Rs 38.91 Crore In Delhi
In the ongoing drive to counter the fake billing operations, the Central Goods and Service Tax (CGST) Commissionerate arrested an accused for creating a network of 38 fictitious firms to generate and pass fake Input Tax Credit (ITC) of Goods and Service Tax (GST) amounting to Rs 38.91 Crore.
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Harbhajan Singh Shares WhatsApp Joke On GST In Food Bills, Twitter Loves It
Harbhajan Singh took to Twitter to take a dig at the taxes levied on food bills by the state and central governments.
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GST Will Not Bring Major Hike In Tax Burden: Official
Prices will not increase due to higher incidence of tax and, instead, are likely to come down under the Goods and Services Tax (GST) regime, the central government said on Tuesday.
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Lok Sabha Passes Bill To Make Excise, Customs Acts Compliant With GST
The Lok Sabha on Thursday passed a bill that will ensure continuance of levy of excise on petroleum products and abolition of cess on some other items following GST rollout from July 1. The Taxation Laws (Amendment) Bill, 2017 seeks to amend the Customs Act, 1962, the Customs Tariff Act, 1975, the Central Excise Act, 1944, the Finance Act, 2001 and...
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Tax Reform GST Heads For July 1 Rollout, Crucial Bills Cleared: 10 Facts
After an eight-hour debate, the Lok Sabha on Wednesday passed four GST or Goods and Services Tax-related bills putting the government on course for the launch on July 1 of the country's biggest tax reform since Independence. GST will subsume a slew of indirect taxes levied by the Centre and states, transforming India into a single market. The bills...
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Lok Sabha Passes All 4 GST Bills: Highlights
Four Bills related to the Goods and Services Tax or GST were debated in the Lok Sabha or lower house of Parliament today, as the government pushes to meet a July 1 launch date for the unified tax regime that subsumes a slew of indirect taxes at the Centre and in states. Seven hours were allotted for today's debate, which began at noon, with union m...
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Bills In Lok Sabha Seek Levies On Tobacco, Pan Masala After GST Phaseout
The Central Excise (Amendment) Bill provides for a new central excise duty on tobacco products like cigarette, chewing tobacco, cigars, hookahs, zarda, and scented tobacco.
-
Bill To Amend Central Goods And Services Tax Act Introduced In Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with Tribunal Reforms Act to initiate the administrative process for operationalisation of the Goods and Services Tax Appellate Tribunals was introduced in Lok Sabha on Wednesday.
-
28% GST On Online Gaming Set To Be Implemented From October 1
The Central Board of Indirect Taxes and Customs (CBIC) Chairman, Sanjay Agarwal, has announced that India is prepared to implement a 28 per cent Goods and Services Tax (GST) rate on online gaming starting from October 1.
-
Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
Man Arrested For Input Tax Credit Fraud Of Rs 38.91 Crore In Delhi
In the ongoing drive to counter the fake billing operations, the Central Goods and Service Tax (CGST) Commissionerate arrested an accused for creating a network of 38 fictitious firms to generate and pass fake Input Tax Credit (ITC) of Goods and Service Tax (GST) amounting to Rs 38.91 Crore.
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Harbhajan Singh Shares WhatsApp Joke On GST In Food Bills, Twitter Loves It
Harbhajan Singh took to Twitter to take a dig at the taxes levied on food bills by the state and central governments.
-
GST Will Not Bring Major Hike In Tax Burden: Official
Prices will not increase due to higher incidence of tax and, instead, are likely to come down under the Goods and Services Tax (GST) regime, the central government said on Tuesday.
-
Lok Sabha Passes Bill To Make Excise, Customs Acts Compliant With GST
The Lok Sabha on Thursday passed a bill that will ensure continuance of levy of excise on petroleum products and abolition of cess on some other items following GST rollout from July 1. The Taxation Laws (Amendment) Bill, 2017 seeks to amend the Customs Act, 1962, the Customs Tariff Act, 1975, the Central Excise Act, 1944, the Finance Act, 2001 and...
-
Tax Reform GST Heads For July 1 Rollout, Crucial Bills Cleared: 10 Facts
After an eight-hour debate, the Lok Sabha on Wednesday passed four GST or Goods and Services Tax-related bills putting the government on course for the launch on July 1 of the country's biggest tax reform since Independence. GST will subsume a slew of indirect taxes levied by the Centre and states, transforming India into a single market. The bills...
-
Lok Sabha Passes All 4 GST Bills: Highlights
Four Bills related to the Goods and Services Tax or GST were debated in the Lok Sabha or lower house of Parliament today, as the government pushes to meet a July 1 launch date for the unified tax regime that subsumes a slew of indirect taxes at the Centre and in states. Seven hours were allotted for today's debate, which began at noon, with union m...
