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News
GST rate
GST rate News
GST
18 Nov 2024
GST Council To Discuss Tax Relief For Insurance On Dec 21
GST on premiums paid by individuals, other than senior citizens, for health insurance of up to Rs 5 lakh, is proposed to be exempted.
new rules
01 Oct 2019
Know about the new rules to be implemented across the country from today
Know about the new rules to be implemented across the country from today. These rules will impact your pocket. Watch to know more.
GST
21 Jul 2018
GST rate cut on 100 items: Here is the full list
Finance Minister Piyush Goyal has said the focus on consumers and MSMEs.
Biodiesel industies
17 Jan 2018
Drop GST on Bio-diesel from 18 to 5%, demands industry
The demand came days after solar industry made a similar pitch, stating while unrealistic levy on the solar panels is killing the indian industry and giving an edge to Chinese exporters.
Biscuit manufacturers
16 Jan 2018
Biscuit manufacturers call for lower GST rate
The association called for bringing down GST rate on biscuits between 5 percent and 12 percent saying it is not a premium product and higher tax will lead to stagnation in growth of the industry.
GST
30 Nov 2017
12%, 18% GST rates to be merged; 28% on luxury, sin goods: Arun Jaitley
Finance Minister Arun Jaitley said a single rate GST is possible only in countries which have similarly placed population and in a highly differentiated society like India it would have been inflationary.
GST
12 Nov 2017
Tax rate on 178 daily items reduced to 18% from 28%: View complete list
Check out the complete list of goods on which GST rate recommended for reduction from 28 percent to 18 percent.
CAIT
01 Nov 2017
CAIT appeals to PM seeking lower GST on nutritional items
The Confederation of All India Traders (CAIT) contended that the GST triggered price spike may push these products out of the price reach of the common man and exacerbate India's malnutrition and hunger problem which has already reached endemic proportions.
Leasing vehicles GST
12 Oct 2017
Leasing vehicles purchased before July 1 to attract 65% GST
These rates would apply for a period of three years with effect from July 1, Finance Ministry said in a statement.
GST car cess
12 Sep 2017
Govt notifies GST cess hike on mid & large cars, SUVs
The Finance Ministry late last night notified the hike in quantum of cess to be levied on cars, following which the new rates came into effect.
Jefferies GST
11 Sep 2017
M&M likely to be most impacted due to GST cess hike: Jefferies
The GST Council decided to hike the cess on mid and high-end cars on September 9.
SIAM
11 Sep 2017
SIAM seeks cess exemption on 10-13 seater vehicles
After GST implementation, the government exempted compensation cess only on ambulances that can carry up to nine persons.
Demonetisation car sales
11 Sep 2017
Fading Demonetisation impact, monsoon pushes up August car sales
The three-wheelers segment`s off-take increased by 2.51 per cent to 51,451 units during the month under review.
cess on luxury cars
30 Aug 2017
India Inc disappointed over increase in cess limit on automobiles
The ordinance raises the ceiling on GST cess for luxury vehicles and SUVs from the current 15 percent to 25 percent.
Luxury cars cess
30 Aug 2017
Hike in cess on luxury cars
cess on luxury cars
30 Aug 2017
Hike in cess on luxury cars to impact growth, say auto companies
The Cabinet on Wednesday approved promulgation of an ordinance to amend the GST compensation law to pave the way for increasing cess on mid and large cars to 25 per cent, from 15 per cent.
cess on luxury cars
30 Aug 2017
Luxury cars, SUVs to get costlier as Cabinet approves ordinance to hike cess from 15% to 25%
After the cap on cess is raised, the total tax under Goods and Services Tax (GST) on such vehicles will go up to 53 percent from the current 43 percent as these have been placed under the highest tax slab of 28 percent.
GST Council
23 Aug 2017
21st GST Council meet in Hyderabad on Sept 9
This will be the third meeting of the council since the launch of the Goods and Services Tax (GST) on July 1 and the 21st since it was set up in September last year.
Gold Import
21 Aug 2017
Banks to pay 3% IGST on gold imports: CBEC
Import of gold attracts a 10 per cent basic customs duty. On top of that a 12.5 per cent countervailing duty (CVD) was levied prior to GST.
Capital good leasing sector
16 Aug 2017
High GST may taper leasing industry growth
The estimated Rs 5500 crore capital good leasing sector growing at 15-20 percent may get tapered due to high Goods and Services Tax (GST) along with few other issues.
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