Gst Council Recommendations
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New Rates, Relief On Daily Use Items On GST Council Agenda
The Goods, Services Tax Council, led by Finance Minister Nirmala Sitharaman, begins a two-day meet today eto discuss a shift to a two-slab system expected to slash prices of daily-use items by reducing the brackets under which most goods are taxed.
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GST Council's Recommendations: What's Getting Expensive And Cheaper
The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman on Saturday, announced several key recommendations to streamline tax processes and offer relief to individuals and businesses.
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Explained: Key Recommendations Of 55th GST Council Meet
From reducing GST rate on fortified rice kernel (FRK) to fully exempt GST on gene therapy, the 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, on Saturday made some key recommendations.
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Government Could Reduce GST On Lithium-Ion Batteries: Report
As per reports, the GST Council could further cut GST on lithium-ion batteries down to 5% from the current 18%
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GST Council's Recommendation Not Binding On Union, States: Supreme Court
In a significant verdict, the Supreme Court Thursday ruled that the recommendations of Goods and Services Tax (GST) Council are not binding on the Union and the states and only have a persuasive value.
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No Tax On Black Fungus Medicine, 5% GST To Continue On Covid Vaccines
Tax on medicines, some hospital equipment and other items needed in the fight against COVID-19 has been reduced by the Goods and Services Tax Council. The tax cut is based on recommendations by a Group of Ministers amid the pandemic.
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No Recommendation By GST Council To Bring Petrol, Diesel Under GST: Ministry
The Union Finance Ministry on Tuesday informed the Parliament that no recommendation from the Goods and Services Tax (GST) Council has been made to bring petrol and diesel under the ambit of the GST.
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Ather Energy Commences Operations In Chennai; Prices Start At Rs. 1.19 Lakh
Homegrown EV manufacturer Ather Energy has commenced its operations in Chennai, its second market after Bengaluru. The company held its first customer event last weekend in the city, and has also begun accepting pre-bookings for its electric scooters for a token amount of Rs. 5000. The Ather 450 is priced at Rs. 1.31 lakh, while the entry-level Ath...
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Budget 2019: Government Recommends Reduction Of GST From 12% To 5% On Electric Vehicles
The Union Budget for 2019 has been announced and Finance Minister Nirmala Sitharaman made a number of promises for the overall development of the country's economy. While there haven't been major incentives for conventional vehicles in the auto sector, the government has recommended changes to the Goods Services Tax (GST) council for electric vehic...
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GST Council Makes Recommendations For E-Way Bill Roll-Out
GST Council has recommended the introduction of e-way bill for inter-State movement of goods across the country from April 1
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New Rates, Relief On Daily Use Items On GST Council Agenda
The Goods, Services Tax Council, led by Finance Minister Nirmala Sitharaman, begins a two-day meet today eto discuss a shift to a two-slab system expected to slash prices of daily-use items by reducing the brackets under which most goods are taxed.
-
GST Council's Recommendations: What's Getting Expensive And Cheaper
The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman on Saturday, announced several key recommendations to streamline tax processes and offer relief to individuals and businesses.
-
Explained: Key Recommendations Of 55th GST Council Meet
From reducing GST rate on fortified rice kernel (FRK) to fully exempt GST on gene therapy, the 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, on Saturday made some key recommendations.
-
Government Could Reduce GST On Lithium-Ion Batteries: Report
As per reports, the GST Council could further cut GST on lithium-ion batteries down to 5% from the current 18%
-
GST Council's Recommendation Not Binding On Union, States: Supreme Court
In a significant verdict, the Supreme Court Thursday ruled that the recommendations of Goods and Services Tax (GST) Council are not binding on the Union and the states and only have a persuasive value.
-
No Tax On Black Fungus Medicine, 5% GST To Continue On Covid Vaccines
Tax on medicines, some hospital equipment and other items needed in the fight against COVID-19 has been reduced by the Goods and Services Tax Council. The tax cut is based on recommendations by a Group of Ministers amid the pandemic.
-
No Recommendation By GST Council To Bring Petrol, Diesel Under GST: Ministry
The Union Finance Ministry on Tuesday informed the Parliament that no recommendation from the Goods and Services Tax (GST) Council has been made to bring petrol and diesel under the ambit of the GST.
-
Ather Energy Commences Operations In Chennai; Prices Start At Rs. 1.19 Lakh
Homegrown EV manufacturer Ather Energy has commenced its operations in Chennai, its second market after Bengaluru. The company held its first customer event last weekend in the city, and has also begun accepting pre-bookings for its electric scooters for a token amount of Rs. 5000. The Ather 450 is priced at Rs. 1.31 lakh, while the entry-level Ath...
-
Budget 2019: Government Recommends Reduction Of GST From 12% To 5% On Electric Vehicles
The Union Budget for 2019 has been announced and Finance Minister Nirmala Sitharaman made a number of promises for the overall development of the country's economy. While there haven't been major incentives for conventional vehicles in the auto sector, the government has recommended changes to the Goods Services Tax (GST) council for electric vehic...
-
GST Council Makes Recommendations For E-Way Bill Roll-Out
GST Council has recommended the introduction of e-way bill for inter-State movement of goods across the country from April 1
