Category: GST
Central Monitoring Committee Constituted to monitor impact of GST Press Information Bureau Government of India Ministry of Finance 21-July-2017 17:22 IST Government has constituted a Central Monitoring Committee headed by the Cabinet Secretary to monitor the impact of GST The Government of India has setup a Central Monitoring …
Number of GSTN Registration crosses 77.5 lakhs Press Information Bureau Government of India Ministry of Finance 21-July-2017 17:27 IST Number of Registration of GSTN crosses 77.5 lakhs Till 18th July 2017, the total number of GSTIN registrations is 77,55,416. No major problems have been reported post Goods and …
Constitution of GST Feedback and Action Room FAR wef 26-06-2017 Press Information Bureau Government of India Ministry of Finance 21-July-2017 17:26 IST Government constitutes a GST Feedback and Action Room (FAR) w.e.f. 26-06-2017 to review the information, calls, media inputs etc received from Ministries, State Governments, field formations, …
GST Sectoral FAQ on Textiles. CBEC has compiled and released a FAQ Booklet under GST sectoral Series. The booklet conmprises of 20 FAQs on GST related to Textile Sector GST Sectoral FAQ on Textiles Sector Question 1: As per Chapter 53 heading 5303 of the GST rate schedule, raw jute has …
GST Sectoral FAQ on Exports. CBEC has compiled and released a FAQ Booklet under GST sectoral Series. The booklet conmprises of 33 FAQs on GST related to Export sector GST Sectoral FAQ on Exports FAQ-EXPORTS Question 1: How are exports treated under the GST Law?Answer: Under the GST Law, …
CBEC has compiled and released a FAQ under GST sectoral Series. The booklet conmprises of 57 FAQs on GST in MSME Sector GST MSME Sectoral FAQ Question 1: What is GST? Answer: GST stands for Goods and Services Tax, which is levied on supply of goods or services. “Supply” …
GST to migrate from a complicated and multi tax system to a simpler tax system. With only 5 ration rates, overall the GST is much simpler to earlier tax Press Information Bureau Government of India Ministry of Finance 18-July-2017 GST : to migrate from a complicated and …
GST rates are lower than pre-GST tax on most items of mass consumption Press Information Bureau Government of India Ministry of Finance 18-July-2017 GST rates so notified are lower than the pre-GST tax incidence on most of the items of mass consumption such as cereals, pulses, milk, tea, …
Textile traders demand for nil GST on fabrics can not be accepted. Organized traders and unorganized sellers in Textile Sector not affected by GST-FinMin Press Information Bureau Government of India Ministry of Finance 18-July-2017 FM: Organized traders and unorganized sellers in Textile Sector have not been affected by …
Star rating of hotels irrelevant for GST rate determination Press Information Bureau Government of India Ministry of Finance 18-July-2017 Government clarifies that accommodation in any hotel, including 5-star hotels, having a declared tariff of a unit of accommodation of less than INR 7500 per unit per day, will …
