Two years after the Goods and Services Tax (GST) was rolled out, the State government is looking to maximise the gains from it. In his Budget speech on Tuesday, …
India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the …
The Centre has virtually ruled out including petroleum products within the ambit of GST immediately, turning down repeated demands from the aviation sector and oil companies. Even the petroleum …
The Group of Ministers (GoM) appointed by GST Council to discuss imposition of uniform taxation on lottery, has failed to reach a consensus after representatives of West Bengal and …
Retailers want the government to tax both branded packaged and unbranded loose cereal and food grains equally. The current policy indicates that the government perceives packaged items not good …
The Turf Authority of India (TAI), an organised association of six race clubs in India, has urged the Centre and States to rework norms related with applicability of Goods …
CBIC has released updated FAQs and User Manual regarding Form GSTR-9 offline utility. Following are some points which are covered under the FAQs: 1. What is Form GSTR-9 Offline …
Maruti Suzuki, India’s largest car maker with a 51 percent market share, is hoping for a reduction in Goods and Services Tax (GST) on CNG cars from 28 to …
Goods and Services Tax Council, the federal indirect tax body, is set to take several decisions to curb tax evasion in its first meeting to be chaired by new finance minister Nirmala …
In a setback for real estate developers, the National Anti-Profiteering Authority has held that homebuyers cannot endlessly wait to get the benefit of input tax credit (ITC) for GST …
