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Thursday, Aug 06, 2020

Gst council

Jun 13, 2020 08:15
Finance minister Nirmala Sitharaman said the council has slashed the interest rate by half for non-compliance by small businesses having a turnover of up to Rs 5 crore. Small taxpayers who missed filing returns for February, March and April due to the pandemic will not be charged any interest till July 6. read more
Jun 12, 2020 16:08
GST council meeting 2020: Sitharaman said the Goods and Services Tax (GST) council will discuss borrowing to compensate states and who will pay it back. read more
Jun 01, 2020 19:57
The CBIC  said no late fee will be charged till the end of this month for GST returns of  February, March, April and May read more
Mar 14, 2020 19:26
The GST Council meeting started with a presentation by Nandan Nilekani who was asked to explain the technical glitches with the GSTN system which has not been able to bear the load of more than a lakh end users. read more
Feb 09, 2020 19:23
Currently, petroleum products attract central excise duty and value added tax (VAT) levied by states. read more
Dec 18, 2019 23:46
States are concerned about falling revenue collection amidst the economic slowdown and they fear that the Union government may default on paying their dues. read more
Dec 18, 2019 20:57
Here are today’s top news, analysis and opinion curated for you at 9 pm. Know all about the latest news and other news updates from Hindustan Times. read more
Dec 18, 2019 11:02
Wednesday is the 38th meeting of the GST council, which is expected to discuss various issues related to the regime, including how to raise GST revenue amidst a slowdown. read more
Sep 20, 2019 21:41
Briefing reporters after a meeting of the panel, Finance Minister Nirmala Sitharaman said the GST on caffeinated beverages has been hiked to 28 per cent plus additional cess of 12 per cent as against the current rate of 18 per cent. read more
Sep 18, 2019 23:59
No GST is charged on room tariffs below Rs1,000 per day. A 12% tax is levied on tariffs above Rs1,000 but below Rs2,500. An 18% tax is levied on room tariffs between Rs2,500 and 7,500. Rroom rents above Rs7,500 fall in the 28% tax slab. read more
Jul 25, 2019 18:04
The 36th GST Council meeting, which was to be held through video conferencing, had only one item in the agenda and that was to consider Centre’s proposal to slash GST rates to 5 per cent from 12 per cent on e-vehicles. read more
Jun 21, 2019 19:08
The tenure of National Anti-Profiteering Authority (NAA) has been extended by two years till November 30, 2021. read more
Jun 21, 2019 13:11
The 35th meeting of the GST Council and the first under Finance Minister Nirmala Sitharaman will also consider a couple of anti-evasion steps . read more
Jun 17, 2019 07:15
The proposals before the council include compulsory generation of e-invoicing by large companies, validation of e-way bills (electronic permits issued for the movement of goods) with the data generated at toll plazas and geo-tagging of companies, said... read more
Mar 19, 2019 15:45
The all-powerful GST Council Tuesday approved a transition plan for the implementation of new tax structure for housing units, Revenue Secretary A B Pandey said. read more