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Supreme Court on Thursday ruled that the decisions of the GST Council are only recommendatory in nature and not binding on the Centre and the states. (Photo:PTI)

GST Council advice not final: SC

Parliament and the state legislatures possess equal powers to legislate on GST

20 May 2022 1:38 AM IST

Finance Minister Nirmala Sitharaman chairs the GST Council meeting, in Chandigarh, Tuesday, June 28, 2022. (PTI Photo)

GST Council puts off compensation decision till August

A final decision is likely to be taken at the next meeting of the council in the first week of August

30 Jun 2022 1:27 AM IST

Finance Minister Nirmala Sitharaman chairs the GST Council meeting, in Chandigarh, Tuesday, June 28, 2022. (PTI Photo)

GST Council removes tax exemptions on some items

States clamour for more revenue share

29 Jun 2022 12:59 AM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Inclusion of ATF under GST to help airlines cut cost, says Prabhu

There is a demand from airlines for inclusion of Aviation Turbine Fuel in the new indirect tax regime.

27 May 2018 12:04 PM IST

Bihar Finance Minister Sushil Modi. (Photo: PTI)

GST on petroleum products will not control prices: Bihar Dy CM

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 IST

Maharashra CM Devendra Fadnavis

Fuel should be brought under GST; it will reduce prices: CM Fadnavis

The centre in June last year junked the 15-year old practice of revising rates every fortnight, and introduced daily...

25 May 2018 5:53 AM IST

Devendra Fadnavis

Bringing petrol, diesel under GST will lower prices, says Fadnavis

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 IST

Over 17 lakh e-way bills for inter-state movement of goods have been generated by businesses and transporters since the launch of the GST anti-evasion measure on April 1.

Country-wide intra-state e-way bill system mandatory from June 3

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 IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)

GST Council fails to fix simpler filing process

A new model was discussed extensively and a group of ministers on IT has been tasked to finalise it.

11 March 2018 1:19 AM IST

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

CBEC camps from March 15 to fast track GST refunds to exporters

GST Council has also allowed exporters to continue to claim tax exemptions till October 1, 2018.

10 March 2018 5:16 PM IST

Finance Minister Arun Jaitley said the new process would be finalised in the next meeting of the GST Council after a written formulation is circulated to the states. (Photo: Twitter | ANI)

GSTR-3B extended till June, E-way bill from April: Jaitley

Jaitley said the current system of GST return filing has been extended by three months.

10 March 2018 2:50 PM IST

Finance Minister Arun Jaitley (Photo: AP)

GSTR-3B may be extended till June, simplified return forms on cards

New return filing system, if agreed upon by the Council, would take about 3 months to be implemented.

8 March 2018 4:22 PM IST