GST council

The benevolent GST Council has also made provisions for service providers such as beauty parlors, automobile service centers and others that will not be subjected to file detailed returns and will be able to pay taxes at a flat rate of 6%.

Kolkata: Bihar Deputy Chief Minister and GST Council’s member Sushil Modi on Thursday said the Council can think of bringing the petroleum products under the new tax regime only after the monthly revenue target of Rs 1 lakh crore is achieved. He said there could be a ‘shortfall in revenue’ in initial months as indirect tax …

New Delhi: The petroleum products are ‘constitutionally included’ under the Goods and Services Tax (GST) but it is the GST Council which includes Finance Ministers of all states that would decide when petrol, diesel etc. can be brought under its regime, parliament was told on Wednesday. In a reply to Rajya Sabha, Petroleum and Natural Gas …

New Delhi: The most comprehensive overhaul of GST rates decided at a GST Council meeting, wherein tax on all restaurants was reduced to 5 per cent and tax on 178 items slashed, became effective from Wednesday as the government issued notifications to this effect. Eating out is expected to become cheaper as all restaurants outside …

New Delhi: Prime Minister Narendra Modi on Friday asserted that the reforms introduced in the Goods and Services Tax slabs by the GST Council will be beneficial for the citizens and will strengthen the tax structure. “The recommendations made by the GST Council today will further benefit our citizens and add strength to the GST. These …

New Delhi: The BJP on Friday slammed Congress leader P. Chidambaram for claiming credit for the GST Council slamming tax rates, saying that the Congress was trying to take undue credit for the lowered GST rates which it said had been “worked out at the highest levels in the government”. “P. Chidambaram’s series of tweets over …