Gst 2017

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

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

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%

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

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

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

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

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

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

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."