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Tag Archives: GST Council

GST Council Gives Relief, No Late Fee For Filing GST Returns Between July 2017 And January 2020

The Goods and Services Tax (GST) Council decided to waive off fees for late filing returns between July 2017 to …

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Under Heavy Criticism, Centre Finally Releases Rs 35298 Cr GST Compensation To States

Facing flak over delay in payment of GST compensation, the central government has finally released Rs 35,298 crore to states …

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GST Council Slashes Tax Rate On Electric Vehicles To 5 Percent From Existing 12 Percent

Picture : Twitter / ANI

The high-powered GST Council has reportedly decided to reduce the tax rate on electric vehicles (EVs) to 5 per cent …

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GST Collections In February Dropped To Rs 97,247 Crore From Rs 1.02 Lakh Crore In January 2019- Finance Ministry

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GST collections in February dropped to Rs 97,247 crore from Rs 1.02 lakh crore in the previous month, the Finance …

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GST Council : Small Businesses Get A Boost, GST Exemption Doubled To Rs 40 Lakh

The GST Council, headed by Finance Minister Arun Jaitley and comprising his state counterparts, at its meeting has doubled the …

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GST Collection Sees A Drop From Rs 97,637 Cr To Rs Rs 94,726 Cr

GST collection dropped to Rs 94,726 crore in December 2018, lower than Rs 97,637 crore collected in the previous month. …

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In A Facebook Post, Finance Minister Arun Jaitley Writes About Eighteen Months Of GST

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Union Finance Minister Arun Jaitley has now indicated that the government is working on a single GST rate for most …

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GST Cuts Tax Rate On 29 Items, Plans To Simplify Return Filing Procedure

Picture Courtesy: New IndianExpress

The all-powerful GST Council in a meeting has cut tax rate on 29 goods, including second-hand vehicles, confectionery and bio-diesel, …

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GST Rate Rejig: Cuts Tax Rate on 178 items; All Restaurants To be Taxed at 5 percent

Picture Courtesy : The Financial Express

In the biggest GST rejig yet, tax rates on over 200 items, ranging from chewing gum to chocolates, to beauty …

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GST Breather: August 28 new date for filing returns for business with transitional credit

Picture Credit : The Indian Express

The government  has given some relief to taxpayers availing of transitional input tax credit under the GST (Goods and Services …

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