Rs 15,000 cr has come in as Integrated-GST and Rs 5,000 cr as cess on demerit goods like cars and tobacco
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 a mechanism to operationalise anti-profiteering provision to protect consumer interest
The index measures the pulse of the business community and is arrived at on the basis of a quarterly survey of business expectations
GST rules define that it is mandatory to mention GST rates and HS code for each article sold
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 was rolled out on 1 July and has four tier tax slab of 5, 12, 18 and 28 percent.
After the rollout of GST from 1 July, multifunction printers are now being taxed at 28 percent compared to 18 percent earlier
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.
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.
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.
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".
Under the new tax regime, prices of the company's popular hybrid sedan Camry have gone up by an average of Rs 3 lakh.
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."
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
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.
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
A week after the roll-out of goods and services tax, confusion still rules
Manufacturers have been allowed to clear the unsold stocks by September with new MRP
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.