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Tax Relief For Rooh Afza As Top Court Classifies It As 'Fruit Drink'
For licensing purposes, the product had been described as a "non-fruit syrup containing 10% fruit juice", since it did not meet the higher fruit content threshold prescribed under food safety norms for a "fruit syrup".
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GST Council Agrees To Decriminalise Certain Offences, No New Taxes Brought
The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.
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GST On Zomato, Swiggy, Ola, Uber From Today As Government Widens Tax Base
Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate starting today, a move which will widen the tax base as food vendors who are currently outside the GST threshold will become liable to GST.
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Cabinet Gives Approval For Amendments To GST Laws
The Cabinet gave approval to GST laws amendments today, which included hiking threshold limit for availing composition scheme dealers to Rs 1.5 crore, among other things.
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GST Council Announces Relief For Exporters, E-Wallets From April
Exporters have complained that delayed GST tax refunds have resulted in fund shortage.
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Threshold For Composition Scheme In GST Hiked To Rs 1 Crore: Report
Businesses with annual turnover up to Rs. 1 crore can now opt for the composition scheme, which enables them to pay tax at a flat rate without input credits.
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GST Threshold Fixed At Rs 20 Lakh, Rate To Be Decided In October
In a big step forward on GST implementation, the Centre and states today reached an agreement on keeping traders with annual revenue of up to Rs 20 lakh out of the new national sales tax regime that will subsume all cesses.
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Government Notifies Goods And Services Tax Council
Government has formally notified the GST Council, which will decide on the tax rate, exempted goods and the threshold under the new taxation regime. The council will be chaired by Union Finance Minister and have Minister in charge of Finance or Taxation or any other Minister nominated by each State Government as its member.
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Tax Relief For Rooh Afza As Top Court Classifies It As 'Fruit Drink'
For licensing purposes, the product had been described as a "non-fruit syrup containing 10% fruit juice", since it did not meet the higher fruit content threshold prescribed under food safety norms for a "fruit syrup".
-
GST Council Agrees To Decriminalise Certain Offences, No New Taxes Brought
The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.
-
GST On Zomato, Swiggy, Ola, Uber From Today As Government Widens Tax Base
Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate starting today, a move which will widen the tax base as food vendors who are currently outside the GST threshold will become liable to GST.
-
Cabinet Gives Approval For Amendments To GST Laws
The Cabinet gave approval to GST laws amendments today, which included hiking threshold limit for availing composition scheme dealers to Rs 1.5 crore, among other things.
-
GST Council Announces Relief For Exporters, E-Wallets From April
Exporters have complained that delayed GST tax refunds have resulted in fund shortage.
-
Threshold For Composition Scheme In GST Hiked To Rs 1 Crore: Report
Businesses with annual turnover up to Rs. 1 crore can now opt for the composition scheme, which enables them to pay tax at a flat rate without input credits.
-
GST Threshold Fixed At Rs 20 Lakh, Rate To Be Decided In October
In a big step forward on GST implementation, the Centre and states today reached an agreement on keeping traders with annual revenue of up to Rs 20 lakh out of the new national sales tax regime that will subsume all cesses.
-
Government Notifies Goods And Services Tax Council
Government has formally notified the GST Council, which will decide on the tax rate, exempted goods and the threshold under the new taxation regime. The council will be chaired by Union Finance Minister and have Minister in charge of Finance or Taxation or any other Minister nominated by each State Government as its member.
