• Tag results for GST Council

Council to discuss bringing natural gas in GST in next meeting

GST Council Joint Secretary Dheeraj Rastogi said aviation turbine fuel (ATF) would be another petroleum product that could also be brought within the GST ambit among five petroleum products.

published on : 8th June 2018

GST Council's Group of Ministers to check fiscal impact of tax concession

The GST Council had last week deliberated on giving a concession of two per cent in GST rate (where the tax rate is 3 per cent or more) to consumers making payment through cheques or digital modes.

published on : 12th May 2018

Government set-up panels on cess on sugar, incentivising digital payment 

Both the Group of Ministers (GoM) will submit their reports within 15 days, Finance Ministry said in a statement hours after the meeting of the GST Council.

published on : 4th May 2018

GST Council meet on May 4, simplifying returns on agenda

Finance Minister Arun Jaitley-chaired GST Council will meet on May 4 to discuss a simpler return form and the amendments required in the indirect tax regime rules.

published on : 25th April 2018

Centre should not lower FRBM limit: Telangana Finance Minister E Rajender

Rajender said the GST council decided to introduce 3B system to simplify GST system.

published on : 19th April 2018

Bihar Chief Minister Nitish Kumar seeks GST exemption on gurudwara 'langar' food ingredients

Bihar Chief Minister Nitish Kumar has urged the GST Council to grant exemption to all ingredients like ghee, edible oil and spices, for preparing "langar" food served by gurudwaras.

published on : 13th April 2018

Finance Minister Arun Jaitley mulls making GSTN 100 per cent state-run entity; GST Council to take final call 

The government is looking at the possibility of converting GST Network into a state-owned company with a majority or 100 per cent stake.

published on : 11th April 2018

E-wallet scheme for exporters to be implemented by October

The e-wallet scheme is basically the creation of electronic e-wallets, which would be credited with notional or virtual currency by the Directorate General of Foreign Trade.

published on : 10th March 2018

Inter-state e-Way Bill to be rolled out from April 1; Time for GST return filing extended by 3 months

The Council could not decide on a simplified GST return form and entrusted the ministerial panel under Sushil Modi to chalk out a single page form which is simpler and evasion proof.

published on : 10th March 2018

GST Council likely to simplify tax returns in today's meeting

Another important matter likely to be reviewed is the implementation of the new e-way bill for inter and intra-state movement of goods.

published on : 10th March 2018

Simpler GST filing module may be finalised on March 10

The GST council would look at finalising the module proposed by Nandan Nilekani to simplify filing of returns in its upcoming meeting on March 10.

published on : 8th March 2018

After finance ministry's nod, Vehicle Scrapping Policy to go to GST Council 

The Goods and Services Tax (GST) Council will decide the amount of concession that GoI and state governments will offer, the source said.

published on : 27th February 2018

Panel to discuss GST return simplification on February 24

The GoM under Sushil Modi will look at finalising the simplified return filing system on February 24, which will be then taken up by the GST Council on March 10.

published on : 21st February 2018

Climate change may cut farmer's income by 20-25 percent: Economic Survey

The Economic Survey warned and suggested the need for "dramatic" improvement in irrigation, use of new technologies and better targeting of power and fertiliser subsidies.

published on : 29th January 2018

GST Council meet: Rates on 29 items slashed to zero per cent, return filing process to be made simpler

Finance Minister Arun Jaitley said the next meeting of the Council may consider bringing items like crude oil, natural gas, petrol, diesel, ATF and real estate within the GST purview.

published on : 18th January 2018
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