July 06, 2022 2:39 pm
Businesses with aggregate annual turnover of up to Rs 2 crore in the fiscal ended March 31, 2022 are exempt from filing annual returns for 2021-22, as per the amended rules. Businesses have also been allowed to make tax payments on the GSTN portal by using IMPS and UPI payment modes.
July 04, 2022 6:34 am
In the changes, which are expected to affect consumers at the most basic level, GST exemption has been withdrawn from ‘pre-packaged and labelled’ retail packs, but items sold loose or unlabelled shall continue to remain exempt.
June 29, 2022 6:38 pm
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.
June 28, 2022 5:24 pm
With high inflation rate, any major rejig of tax slabs will not find favour in near term, instead the GST Council is likely to rely heavily on a series of other measures to boost revenues
June 28, 2022 9:12 am
The consultative and consensual nature of decision-making that has helped guide the Council's decisions so far must be adhered to. Addressing the contentious issues will, first and foremost, require bridging the trust deficit between the Centre and states.
June 27, 2022 9:07 am
Praveen Chakravarty writes: GST centralised India’s indirect taxation. It is time to start a national discussion on reversing the course by giving states powers for direct taxation
June 20, 2022 7:03 am
47th Meeting of Goods and Services Tax Council to be held in Chandigarh instead of Srinagar
June 18, 2022 8:12 am
No consensus on final report within GoM on tweaking slabs
January 01, 2022 2:26 am
The GST Council on Friday decided to defer the hike in GST rate on textiles from 5 per cent to 12 per cent.
September 17, 2021 10:32 pm
45th GST Council Meeting Highlights: Finance Minister Nirmala Sitharman said that GST Council discussed bringing petrol and diesel under GST regime as asked by the Kerala High court but the Council has decided against putting petrol and diesel under GST.