Latest News on Input Credit
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Input Credit - Total results - 5
Jan 19, 2018
GST on 29 items, 54 services cut; experts say govt must ensure e-way bill process is bug-freeIt was highly expected that GST Council would decide the fate of petroleum products under GST to remove cascading effect but unfortunately no decision has been taken yet.
Oct 30, 2017
Easing GST pain for SMEs: More rate cuts, hike in composition scheme cut-off likely on 10 NovSMEs can look forward to more good news on 10 November when GST Council meets next
Aug 31, 2017
GST: Will the hike in cess on luxury cars, SUVs end the twists and turns in tax policy for auto sector?Despite the auto sector crying hoarse, an ordinance has been promulgated by the Cabinet to increase the cess by 10 percent; from 15 percent to 25 percent for luxury cars and SUVs in order to plug any loss of revenue quickly.
Jul 31, 2017
GST not an easy reform to implement, evoked great public support, says Arun JaitleyFollowing the rollout of GST, the number of registrants originally paying taxes like VAT, Excise and Service Tax, which was around Rs 80 lakh, has been growing said Jaitley
Jul 18, 2017
GST Council hikes cess on cigarette, says it will offset estimated Rs 5,000 cr windfall for cos from lower ratesCigarette prices will not change as a result of the increased cess which became effective from midnight last night.