Gst 2017

Showing of 1 - 20 from 85 results
Gst 2017 - Total results - 85
GST collections: Govt gets Rs 42,000 cr so far in first monthly filing under new tax regime
Business

GST collections: Govt gets Rs 42,000 cr so far in first monthly filing under new tax regime

Rs 15,000 cr has come in as Integrated-GST and Rs 5,000 cr as cess on demerit goods like cars and tobacco

GST Council flooded with requests to slash tax rates on a variety of commodities
Business

GST Council flooded with requests to slash tax rates on a variety of commodities

The Council, the highest policy making body on Goods and Services Tax (GST), has received requests for changes in tax rates on as many as 133 different products from an array of stakeholders

GST Council may finalise e-way rules, fix anomalies tomorrow
Business

GST Council may finalise e-way rules, fix anomalies tomorrow

GST Council may finalise a mechanism to operationalise anti-profiteering provision to protect consumer interest

Business confidence for Jul-Sep declines 13% on GST 'teething issues', says report
Business

Business confidence for Jul-Sep declines 13% on GST 'teething issues', says report

The index measures the pulse of the business community and is arrived at on the basis of a quarterly survey of business expectations

GST: Retailers' Association appeals for review of cash bills format claiming it is
Business

GST: Retailers' Association appeals for review of cash bills format claiming it is "confusing"

GST rules define that it is mandatory to mention GST rates and HS code for each article sold

GST impact: Fiat cuts prices of Jeep range by up to Rs 18 lakh
Business

GST impact: Fiat cuts prices of Jeep range by up to Rs 18 lakh

Fiat has cut the price of Grand Cherokee (Limited) diesel by Rs 18.49 lakh to Rs 75.15 lakh from Rs 93.64 lakh

GST rates not to be revised unless there is anomaly: CBEC Chairperson Vanaja Sarna
Business

GST rates not to be revised unless there is anomaly: CBEC Chairperson Vanaja Sarna

GST was rolled out on 1 July and has four tier tax slab of 5, 12, 18 and 28 percent.

GST impact: HP hikes prices of multifunction printers, cartridges by up to 15%
Business

GST impact: HP hikes prices of multifunction printers, cartridges by up to 15%

After the rollout of GST from 1 July, multifunction printers are now being taxed at 28 percent compared to 18 percent earlier

No GST on sale of old gold jewellery, cars by individuals, clarifies govt
Business

No GST on sale of old gold jewellery, cars by individuals, clarifies govt

The Revenue Department today clarified that sale of old jewellery as well as old vehicles by individuals will not attract any GST as the sale is not for furthering any business.

SBI waives charge on IMPS fund transfer of up to Rs 1,000
Business

SBI waives charge on IMPS fund transfer of up to Rs 1,000

State Bank of India had been charging Rs 5 along with the applicable service tax for IMPS fund transfer of up to Rs 1,000.

GST: Eateries should cut rates of food items cashing in on input tax credit:, says Hasmukh Adhia
Business

GST: Eateries should cut rates of food items cashing in on input tax credit:, says Hasmukh Adhia

Restaurants, hotels and eateries should cut rates on food items in their menu to reflect the benefit of being able to set off tax paid on inputs under GST, Revenue Secretary Hasmukh Adhia said today.

No GST on free food supplied by religious institutions, govt clarifies
Business

No GST on free food supplied by religious institutions, govt clarifies

Clarifying on media reports that suggested that GST would be levied on free food supplied in anna kshetras run by religious institutions, a finance ministry statement said "this is completely untrue. No GST is applicable on such food supplied free".

GST: Toyota says no change in plans for hybrid vehicles post new indirect tax regime
Business

GST: Toyota says no change in plans for hybrid vehicles post new indirect tax regime

Under the new tax regime, prices of the company's popular hybrid sedan Camry have gone up by an average of Rs 3 lakh.

GST: Govt says tax on sanitary napkins lower than earlier; here's the full text of the statement
Business

GST: Govt says tax on sanitary napkins lower than earlier; here's the full text of the statement

Clarifying on reports of tax incidence on sanitary napkins under GST, a finance ministry statement said, "The tax incidence on this item before and after GST is the same or less."

Kapil Sibal slams GST, says regime is 'good for govt, bad for common man'
Business

Kapil Sibal slams GST, says regime is 'good for govt, bad for common man'

Senior Congress leader Kapil Sibal said that the advent of GST has hit businesses hard, and small and medium traders across India were facing harassment

GST impact: Indian Motorcycle cuts prices of 3 models by up to Rs 2.21 lakh
Business

GST impact: Indian Motorcycle cuts prices of 3 models by up to Rs 2.21 lakh

Polaris India, which sells the brand in the country, said the price reduction in the three models -- Indian Scout, Indian Dark Horse and Indian Chief Classic -- ranges between 9 percent and 12 percent.

GST roll-out: Traders urge council to remove anomalies in tax slabs
Business

GST roll-out: Traders urge council to remove anomalies in tax slabs

Traders from across the country demanded re-examining the category of products and services under the 28 percent slab and simplify procedures under the new tax regime to promote voluntary compliance

GST: From eggs to milk; here's a list of exempted goods under new tax regime
Business

GST: From eggs to milk; here's a list of exempted goods under new tax regime

A week after the roll-out of goods and services tax, confusion still rules

GST: Jail term for not reprinting revised MRP on inventory, says Ram Vilas Paswan
Business

GST: Jail term for not reprinting revised MRP on inventory, says Ram Vilas Paswan

Manufacturers have been allowed to clear the unsold stocks by September with new MRP

GST impact: Nissan, Skoda, Isuzu Motors cut prices up to Rs 2.4 lakh
Business

GST impact: Nissan, Skoda, Isuzu Motors cut prices up to Rs 2.4 lakh

Czech car maker Skoda reduced prices of Superb model range by up to 7.3 percent in Mumbai, resulting into a price benefit of up to 2.4 lakh.