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Tag Archives: GST Council

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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