Cbec | The Asian Age

Friday, Apr 26, 2024 | Last Update : 01:22 PM IST

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The classic Bengali sweet sandesh will attract 5 per cent GST irrespective of whether it has chocolate or not, said CBEC.

CBEC clarifications: Sweets to attract 5 per cent GST, no GST on kalava rakhis

Also, fresh isabgol seeds will attract nil GST, while dried or frozen isabgol seeds attract 5 per cent.

04 Aug 2017 9:57 AM

The scheme is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rs 75 lakh (Rs 50 lakh in case of eight north-eastern states and the hilly state of Himachal Pradesh).

GST Composition may be relooked: Official

Only 1 lakh businesses signed up for the scheme till date.

31 Jul 2017 3:39 AM

Composition scheme is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rs 75 lakh.

Subdued demand may force relook at GST composition scheme

Objective behind it is to bring simplicity and reduce the compliance cost for small taxpayers.

30 Jul 2017 1:14 PM

Cigarettes will not get costlier under, clarified CBEC chairman Vanaja N. Sarna.

Cigarettes will not be costlier under GST, clarifies CBEC chairman

Jaitley on Monday said that 28 percent GST will remain, and so will 5 percent ad valorem, as part of compensation cess.

19 Jul 2017 5:56 PM

Over 1,200 goods and 500 services have been fit into these tax slabs.

GST rates not to be revised unless there is anomaly: CBEC

CBEC has received representations from textile traders and is looking into their demands.

19 Jul 2017 2:50 PM

Revenue authorities will go slow in undertaking enforcement actions under GST for the first six months.

CBEC not too rigid on GST enforcement action in first 6 months

CBEC wants industry to settle down into new indirect tax regime and ensure all traders are GST compliant.

19 Jul 2017 1:50 PM

Finance ministry has already asked businesses to register themselves by July 30. (Photo: PTI)

I-T asks tax practitioners to register entities separately

CBEC asked all tax practitioners not to open more than one enrolment or registration case at one time.

17 Jul 2017 4:48 PM

GSTIN not necessary for import or export of exempt goods

GSTIN is a 15 digit unique code which is assigned to each registered business or trader.

13 Jul 2017 5:54 PM

According to a CBEC circular, all the files regarding taxation lying with LTUs would be transferred to GST Commissionerates.

Govt abolishes large taxpayer units on GST rollout

GST will subsume over a dozen state and central level levies such as excise and sales tax.

30 Jun 2017 7:17 PM

Customs and excise board: July 1 to be celebrated as GST day

CBEC also instructed putting up of banners welcoming members of the trade and industry for any facilitation at all field offices.

30 Jun 2017 3:53 PM

The state has been organising lectures and workshops for traders who are feeling the pressure of the reform.

Traders rack brains over GST

Experts claim more time required to understand, implement tax reform.

28 Jun 2017 1:55 AM

Finance Ministry sets up 'war room' for GST queries, feedback

Finance ministry has set up a GST feedback and action room specifically for queries of government officials.

27 Jun 2017 6:34 PM

India is one of the last of the large countries to adopt the GST.

GST will get states more than VAT

Today the CBEC is spending hundreds of crores of rupees in modernising computer systems for customs and as well as GST.

25 Jun 2017 7:06 AM

GST prep: Tea Board to make systems GST-compliant

The Tea Board was working closely with sales tax departments of West Bengal and Assam along with CBEC to make industry GST-ready.

20 Jun 2017 3:05 PM

The foreign trade regulator DGFT is going online with digitisation and rollout of the goods and services tax.

Govt working on proposal to merge DGFT with CBEC

As per the World Bank's ease of doing business report (2017), India is ranked 130th out of 190 economies

14 Jun 2017 4:10 PM

The provisional assessment order had said final tax demand will be decided based on the decision taken on whether it is exempt under ITA.

Mobile operators face 10 pc customs duty on 4G equipment import

India, with over 1.16 billion mobile users is the second-largest telecom market in the world, after China.

14 Jun 2017 12:35 PM

PM Modi reviews preparedness for GST

This was the first review by the PM after the GST Council finalised the rates, and the second since May 2.

05 Jun 2017 3:40 PM

Govt starts blitzkrieg on GST awareness

The media blitzkrieg is to tell the common man that the upcoming GST will reduce prices of most goods.

04 Jun 2017 3:27 PM

Prasad said that the GST regime would help build competitive advantage by leveraging supply chain.

Govt making export benefit scheme GST-compliant

Adoption of GST will reduce the cost of production and distribution.

18 May 2017 10:49 AM

CBEC hereby extends the date for submission of form ST-3 for the period from October 1 to March 31, 2017, from April 25 to April 30, 2017.

Govt extends service tax return filing date to Apr 30

Filing returns for the period April-September, the due date is Oct 25, while for October-March it is April 25.

27 Apr 2017 2:05 PM

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Sunil Gatade