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Goods And Services Tax Gst

Govt Working On Decriminalising Certain Offences Under GST, Lower Compounding Charges

Currently, the law provides for launching prosecution against offenders in cases where the amount of Goods and Services Tax (GST) evasion or misuse of input tax credit is more than Rs 5 crore

28 September 2022

NITI meet: PM Narendra Modi Urges States To Focus On 3Ts, Modernising Farm Sector

The Prime Minister also asked the states to focus on promoting 3Ts -- Trade, Tourism, Technology -- with a view to reducing imports and increasing exports, said an official release after the seventh meeting of the Governing...


Punjab AAP Carries Out March Against 12% GST On Inns

Punjab Chief Minister Bhagwant Mann had on Tuesday condemned the Centre for imposing GST on inns, saying it goes against the devotion of pilgrims staying at 'sarais' near the Golden Temple.


GST Collection May Top Rs 1.5 Lakh Crore From October: Tarun Bajaj

Revenue collection from goods and services tax (GST) has been trending at over Rs 1.4 lakh crore in the past six months consecutively but has not crossed the Rs 1.5-lakh-crore-mark yet on a consistent basis

15 September 2022

Attempt To Divert, Polarise: Congress On Amit Shah Linking Party's Protests To Ram Temple Foundation Day

Jairam Ramesh said the home minister has made a desperate attempt to divert, distract, polarise and give a malicious twist to the party's protests against price rise, unemployment and the Goods and Services Tax (GST).


12% GST On Inns Targets Devotion Of Pilgrims Staying At Golden Temple 'Sarais', Says Punjab CM Bhagwant Mann

I strongly condemn the central government's decision of levying 12 per cent GST on 'sarais' located near the Golden Temple. This tax has been imposed on the devotion of pilgrims, Bhagwant Mann tweeted.

02 August 2022

GST

GST Is Applicable Only If House Rented To Business Entity, Govt Clarifies

The government has clarified that no GST is applicable if a firm or a proprietor rents a house for personal use

13 August 2022

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No New Levy On Items Consumed By Poor; States Taxed Such Products In Pre-GST Era: Nirmala Sitharaman

The minister, replying to a short-duration discussion on price rise in the Rajya Sabha, also said GST has not increased the burden on families

02 August 2022

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01 August 2022
Congress Plans To 'Gherao' PM's Residence To Protest Against Price Rise, Unemployment

Congress Plans To 'Gherao' PM's Residence To Protest Against Price Rise, Unemployment

The Congress has planned to take out a mass protest against rising prices, and unemployment and 'gherao' the Prime Minister's residence.


01 August 2022
GST Collections Surges 28% To Rs 1.49 Lakh Crore In July

GST Collections Surges 28% To Rs 1.49 Lakh Crore In July

The collections in July this year is the second highest since the introduction of GST in July 2017, the ministry said in a statement


26 July 2022
Decision To Suspend 19 Opposition MPs From Rajya Sabha Taken With Heavy Heart: Piyush Goyal

Decision To Suspend 19 Opposition MPs From Rajya Sabha Taken With Heavy Heart: Piyush Goyal

Leader of the House Piyush Goyal has said that the decision to suspend the 19 opposition MPs following the unrest during the session was taken with a heavy...


26 July 2022
SC Dismisses Plea Of Private Tour Operators Seeking Exemption From GST For Hajj, Umrah Tours

SC Dismisses Plea Of Private Tour Operators Seeking Exemption From GST For Hajj, Umrah Tours

The apex court has dismissed a batch of petitions filed by a number of Hajj and Umrah tour operators who sought exemption from GST on their services.


26 July 2022
Lok Sabha Proceedings Halted Due To Opposition Protests

Lok Sabha Proceedings Halted Due To Opposition Protests

Lok Sabha Proceedings were adjourned following strong protest and unrest by the opposition over price hike and GST.


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24 July 2022
People Want Food, Clothing & Shelter To Be Affordable: RSS

People Want Food, Clothing & Shelter To Be Affordable: RSS

There is no guaranteed income for farmers and their livelihoods are dependent on many external factors such as rains. There are challenges such as rising input...


18 July 2022
Maharashtra Congress To Hold Padyatra From August 9-15 In All Districts Against Centre's Policies

Maharashtra Congress To Hold Padyatra From August 9-15 In All Districts Against Centre's Policies

Addressing a press conference, Nana Patole said the rally in every district will cover 75 km, with a message of "save the Constitution, save the country.


18 July 2022
New GST Rate: Check Out The List Of Items That Will Get Costlier From Today 

New GST Rate: Check Out The List Of Items That Will Get Costlier From Today 

The decision to revise the GST rate was taken at the 47th GST Council Meeting between June 27-29


17 July 2022
New GST Rates To Be Applicable From Monday. Check Out Details Here

New GST Rates To Be Applicable From Monday. Check Out Details Here

Last month, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising her state counterparts, had pruned the exemption list and...


05 July 2022
Work Needs To Be Done To Prune GST Exemption In Services: Revenue Secretary

Work Needs To Be Done To Prune GST Exemption In Services: Revenue Secretary

Addressing a CII interactive session, Bajaj said the effort is to remove the “rough edges” in Goods and Services Tax (GST) over the next two-three years


04 July 2022
GST On Pre-Packed Labelled Food Items To Increase Traders' Compliance Burden, Raise Prices: CAIT

GST On Pre-Packed Labelled Food Items To Increase Traders' Compliance Burden, Raise Prices: CAIT

Confederation of All India Traders (CAIT) said it will appeal to Union Finance Minister Nirmala Sitharaman and the GST Council to reconsider the decision


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04 July 2022
Highest 28% GST On Luxury, Sin Goods To Continue: Revenue Secretary

Highest 28% GST On Luxury, Sin Goods To Continue: Revenue Secretary

Addressing the industry leaders, Bajaj said the rate rationalisation exercise of the GST Council is a result of introspection of GST, five years after its...


01 July 2022
GST Furthered 'Ease Of Doing Business': PM Modi

GST Furthered 'Ease Of Doing Business': PM Modi

The Goods and Services Tax (GST) was rolled out at the stroke of midnight on July 1, 2017.


30 June 2022
Rate Tweaks To Make Up For Inefficiencies In Value Chain; States Conscious Of Inflation Impact: Nirmala Sitharaman

Rate Tweaks To Make Up For Inefficiencies In Value Chain; States Conscious Of Inflation Impact: Nirmala Sitharaman

Stating that all states are aware of the potential impact of rate rationalization on inflation, Sitharaman said any increase in tax rates will also make up for...


29 June 2022
Another GST Council Meeting Concludes Without Any Decision Made On Compensation Period Extension

Another GST Council Meeting Concludes Without Any Decision Made On Compensation Period Extension

Several states had raised the issue of compensation regime extension before the Council. The economic slowdown brought the center-state relation under stress,...


29 June 2022
GST Council Defers Tax On Casinos, Lottery: Nirmala Sitharaman

GST Council Defers Tax On Casinos, Lottery: Nirmala Sitharaman

A two-day meeting of the panel considered a report of the GoM but deferred a decision as Goa and some others wanted to make more submissions


29 June 2022
GST Council Meet: No Decision On Extending Compensation To States On Day 2

GST Council Meet: No Decision On Extending Compensation To States On Day 2

Briefing reporters about deliberations at the two-day meeting of the GST Council here, Union Finance Minister Nirmala Sitharaman said finance and other...


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