The government also had reduced the GST rate of paints from 28 per cent to 18 per cent.
24 Jul 2018 12:54 PM
The GST Council on Saturday cut tax rates on 88 items, including footwear, refrigerator, washing machine and small screen TV.
23 Jul 2018 6:29 PM
According to the interim finance minister Piyush Goyal, the revenue loss will be negligible.
23 Jul 2018 1:54 PM
Revenue collections from GST are a crucial pillar of government’s plan to cut its fiscal deficit.
22 Jul 2018 1:43 PM
To promote tourism, now 28 per cent tax will be applicable only when the hotel bill is Rs 7,500 or above.
22 Jul 2018 2:02 AM
The plea to exempt sanitary napkin from GST has been going on for a long time.
21 Jul 2018 6:30 PM
However, fitting the two products in the 5, 12, 18 and 28 per cent GST tax slabs is proving to be difficult.
15 Jul 2018 11:40 AM
The move is expected to bring more clarity in the system of bill generation.
13 Jul 2018 1:34 PM
Seeks legal view on option; proposal to levy 1 per cent sugar cess scrapped.
12 Jul 2018 10:02 AM
Government earned Rs 7.41 lakh crore from the tax since its roll out in July.
11 Jul 2018 4:11 PM
The powers of the Centre and the states were clearly demarcated.
01 Jul 2018 12:01 AM
Dheeraj Rastogi said aviation turbine fuel would be another petroleum product that could also be brought within the GST.
08 Jun 2018 3:41 PM
There is a demand from airlines for inclusion of Aviation Turbine Fuel in the new indirect tax regime.
27 May 2018 12:04 PM
He said that the issue of whether or not to include petroleum products under GST will be decided by the GST Council.
27 May 2018 10:32 AM
The centre in June last year junked the 15-year old practice of revising rates every fortnight, and introduced daily revisions.
25 May 2018 5:53 AM
The central government levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel.
24 May 2018 2:41 PM
Since the implementation of the same from April 1, 2018, more than 4.5 crore e-way bills have been generated.
22 May 2018 7:23 PM
As per Finance Ministry, the e-way bill rollout has been scheduled for Wednesday (May 16) in Assam, and Sunday (May 20) in Rajasthan.
15 May 2018 12:40 PM
GST Network has invited bids from private entities for "360-degree" profiling of taxpayers for early detection of fraud.
07 May 2018 6:54 PM
A taxpayer shall be also given user-friendly IT interface and offline IT tool to upload the invoices.
05 May 2018 11:09 AM