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GST Council Increases Tax On Used EV Car Sale By Business
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
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How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.
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Petroleum Products Can Be Brought Under GST Once States Agree: Nirmala Sitharaman
Petroleum products can be part of GST and what is needed is the nod from the council members, said Union finance minister Nirmala Sitharaman on Wednesday.
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Centre Must Release GST Dues For States To Reduce VAT On Fuel: Sharad Pawar
Nationalist Congress Party chief Sharad Pawar today demanded the release of GST compensation to the states for them to reduce value-added tax (VAT) on fuel. His remarks come days after the Centre reduced the excise duty on petrol and diesel.
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Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petroleum Minister Hardeep Singh Puri said.
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No Proposal To Bring Petrol, Diesel, Jet Fuel, Gas Under GST: Nirmala Sitharaman
Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST).
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Centre, States Must Think About Cutting Taxes On Petrol, Diesel: Minister
Minister of State for Finance Anurag Thakur on Monday said both the centre and the states need to think about reducing taxes on petrol and diesel as their prices have risen sharply in the recent weeks.
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Bharat Bandh Today Highlights: Traders Protest Against GST, Fuel Price Hike, E-Way Bill
A nationwide shutdown has been called by top traders' body - the Confederation of All India Traders (CAIT) - over rising fuel prices, the Goods and Services Tax and the new e-Way bill, a permit associated with the movement of goods. Around 40,000 trade associations have extended their support to the shutdown call, protesters have said.
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Bharat Bandh: Nationwide Shutdown Against Fuel Price Hike, Goods And Services Tax
A nationwide shutdown has been called by top traders' body - the Confederation of All India Traders (CAIT) - over rising fuel prices, the Goods and Services Tax and the new e-Way bill, a permit associated with the movement of goods.
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Auto Crisis: Maruti Suzuki's Market Share Down By 2%; Huge Jump For Hyundai
The automobile sector has been a witness to the biggest drop in sales ever since 1998 and there are several factors that have contributed to this. Right from new emission norms kicking in to raw materials and fuel prices soaring, to GST rates and finally, low buying sentiment. The drop in sales have of course affected even the market share of compa...
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Oil-Dependent Centre Indulging In Tokenism: P Chidambaram
After the government announced a Rs 2.50 per litre price cut on petrol and diesel, former Finance Minister P. Chidambaram on Thursday described it as "tokenism" saying the government had belatedly realised the "unbearable burden" on people.
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Essential To Bring Petrol, Diesel Under GST: Dharmendra Pradhan
Fuel price hike in the country is due to international factors and it has now become essential to bring petrol and diesel under the purview of GST, Union Petroleum and Natural Gas Minister Dharmendra Pradhan said today.
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Congress Calls For Bharat Bandh Against Rising Fuel Prices On September 10
The Congress will organise a nationwide shutdown on September 10 over rising fuel prices, parties leaders announced on Thursday and asked other opposition parties and civil society groups to join their protest against the government.
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No Proposal To Include Aviation Turbine Fuel Under GST: Centre
Notwithstanding the demand from the airlines, the government on Wednesday said there was no proposal to bring Aviation Turbine Fuel (ATF) under GST.
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Centre, State Should Cut Taxes On Fuel, Says Niti Aayog Boss
Niti Aayog vice chairperson Rajiv Kumar on Monday called for a cut in taxes on fuel, both by the centre and the state. Mr Kumar also told NDTV that he was strongly in favour of fuel being brought under the Goods and Services Tax or GST.
-
GST Council Increases Tax On Used EV Car Sale By Business
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
-
How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.
-
Petroleum Products Can Be Brought Under GST Once States Agree: Nirmala Sitharaman
Petroleum products can be part of GST and what is needed is the nod from the council members, said Union finance minister Nirmala Sitharaman on Wednesday.
-
Centre Must Release GST Dues For States To Reduce VAT On Fuel: Sharad Pawar
Nationalist Congress Party chief Sharad Pawar today demanded the release of GST compensation to the states for them to reduce value-added tax (VAT) on fuel. His remarks come days after the Centre reduced the excise duty on petrol and diesel.
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Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petroleum Minister Hardeep Singh Puri said.
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No Proposal To Bring Petrol, Diesel, Jet Fuel, Gas Under GST: Nirmala Sitharaman
Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST).
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Centre, States Must Think About Cutting Taxes On Petrol, Diesel: Minister
Minister of State for Finance Anurag Thakur on Monday said both the centre and the states need to think about reducing taxes on petrol and diesel as their prices have risen sharply in the recent weeks.
-
Bharat Bandh Today Highlights: Traders Protest Against GST, Fuel Price Hike, E-Way Bill
A nationwide shutdown has been called by top traders' body - the Confederation of All India Traders (CAIT) - over rising fuel prices, the Goods and Services Tax and the new e-Way bill, a permit associated with the movement of goods. Around 40,000 trade associations have extended their support to the shutdown call, protesters have said.
-
Bharat Bandh: Nationwide Shutdown Against Fuel Price Hike, Goods And Services Tax
A nationwide shutdown has been called by top traders' body - the Confederation of All India Traders (CAIT) - over rising fuel prices, the Goods and Services Tax and the new e-Way bill, a permit associated with the movement of goods.
-
Auto Crisis: Maruti Suzuki's Market Share Down By 2%; Huge Jump For Hyundai
The automobile sector has been a witness to the biggest drop in sales ever since 1998 and there are several factors that have contributed to this. Right from new emission norms kicking in to raw materials and fuel prices soaring, to GST rates and finally, low buying sentiment. The drop in sales have of course affected even the market share of compa...
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Oil-Dependent Centre Indulging In Tokenism: P Chidambaram
After the government announced a Rs 2.50 per litre price cut on petrol and diesel, former Finance Minister P. Chidambaram on Thursday described it as "tokenism" saying the government had belatedly realised the "unbearable burden" on people.
-
Essential To Bring Petrol, Diesel Under GST: Dharmendra Pradhan
Fuel price hike in the country is due to international factors and it has now become essential to bring petrol and diesel under the purview of GST, Union Petroleum and Natural Gas Minister Dharmendra Pradhan said today.
-
Congress Calls For Bharat Bandh Against Rising Fuel Prices On September 10
The Congress will organise a nationwide shutdown on September 10 over rising fuel prices, parties leaders announced on Thursday and asked other opposition parties and civil society groups to join their protest against the government.
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No Proposal To Include Aviation Turbine Fuel Under GST: Centre
Notwithstanding the demand from the airlines, the government on Wednesday said there was no proposal to bring Aviation Turbine Fuel (ATF) under GST.
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Centre, State Should Cut Taxes On Fuel, Says Niti Aayog Boss
Niti Aayog vice chairperson Rajiv Kumar on Monday called for a cut in taxes on fuel, both by the centre and the state. Mr Kumar also told NDTV that he was strongly in favour of fuel being brought under the Goods and Services Tax or GST.
