Category: GST
Various Cesses abolished for smooth GST roll-out in last 3 years. Govt. took step in stages by abolishing various cesses for easier GST different tax slabs Minstry of finance PIB Press Release The Central Government abolished various Cesses in the last three years for smooth roll-out of GST …
IGST Exemptions-Concessions under GST IGST Exemptions-Concessions under GST
GST RATE SCHEDULE FOR CERTAIN GOODS as per discussions in the GST Council Meeting held on 3rd June, 2017 GST RATE SCHEDULE FOR CERTAIN GOODS Download Chapter-wise Rate-wise GST Schedule for certain goods Sl No. Chapter Rate- 0% , 5% , 12% , 18% and 28% Download Chapter-wise …
Importers-Exporters Declaration of valid GSTIN in Customs documents (BE/SB) would be mandatory w.e.f. 0000 hrs of 01-07-2017 Important Information for Importers-Exporters Declaration of valid GSTIN in Customs documents (BE/SB) would be mandatory w.e.f. 0000 hrs of 01-07-2017, the likely implementation date of GST, to avail IGST credit on …
Revenue Secretary reiterates GST to be implemented from 01-07-2017. States that GST would help in creating lot of jobs for young generation. Ministry of Finance Press Information Bureau Press Release 30-May, 2017 Dr. Hasmukh Adhia, Revenue Secretary reiterates that the Goods and Services Tax (GST) would be implemented …
New Twitter Handle to invite GST related queries launched Ministry of Finance Press Release Ministry of Finance, Government of India launches a new Twitter Handle @askGST_GoI to invite queries from all taxpayers and other stakeholders on GST. The Department of Revenue, Ministry of Finance, Government of India has …
After GST telecom companies would be required to re-work costing and credits availability and reduce prices to ensure that benefit is passed to customers Ministry of Finance Press Release Dated: 26th May, 2017 After GST regime, telecom companies would be required to re-work their costing and credits availability …
GST Tax rates would be lesser for Sugar Tea and Coffee and Milk Powder. Proposed GST Tax rates would be much lesser than the prevailing incidence of taxes Proposed GST Tax rates would be lesser than the prevailing taxes in case of Sugar, Tea and Coffee (other than …
GST will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, medical devices, surgical instruments Ministry of Finance 23rd May, 2017 Press Release Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart …
Entertainment Services under GST to have lower tax incidence. Service providers eligible for full Input Tax Credits of GST paid for inputs Ministry of Finance 23-May, 2017 Press Release Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax Service providers shall be eligible for full …