• Tag results for GST rate

With eye on 2019, government slashes GST rates on 100 items

Government exempted GST on Sanitary napkins, deities made of stone, marble or wood, Raakhis without precious metals. raw materials used in brooms, commemorative coins, fortified milk.

published on : 22nd July 2018

As GST collections go up, further rate rationalisation would be possible, says Arun Jaitley

In his first public speech in two months, the Union Finance Minister said GST has helped in boosting direct tax collections in the April-June quarter of this fiscal.

published on : 1st July 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

One GST rate not possible, next reform after compliance improves: Arun Jaitley

In a society like India where you still have a significant population which is below poverty line or still deprived, a single rate in India can't work at the moment, he said.

published on : 27th February 2018

Commerce Ministry for single GST rate on multimodal transport of vehicles

Multimodal transportation includes a combination of more than one mode of movement, such as rail, road or sea, for end-to-end delivery of goods.

published on : 28th 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

GST Council slashes rates on 29 items, mainly handicrafts, to zero per cent

The Goods and Services Tax Council also rationalised the rates of 49 other items, according to Uttarakhand Finance Minister Prakash Pant.

published on : 18th January 2018

Bihar Deputy CM Sushil Modi says 12 pr cent, 18 per cent GST rates can be merged to new slab

Sushil Modi, a member of the GST Council, has suggested it that price tags displayed on items be inclusive of all taxes.

published on : 8th December 2017

Tax revenues need to stabilise before relook at GST rates: Sushil Modi

GST Council member Sushil Kumar Modi today said he is in favour of letting the tax revenues stabilise before the panel considers merger or further rationalising of slabs.

published on : 8th December 2017

Gujarat polls: Election Commission asks government not to publicise some GST rate cuts till polls are over

The EC said it could influence voters in the state where the first phase of elections is on December 9 but has allowed advertisement of simplified tax procedure without mentioning any products.

published on : 7th December 2017

New GST rates: From condensed milk to restaurant bills, here is a list of essential items which will get cheaper from today

A number of goods including daily-use products like toiletries and furniture will become cheaper with the revised GST rates for over 200 items coming into effect on Wednesday.

published on : 15th November 2017

Revised GST rates: Over 200 goods to be cheaper from today

Reduced GST rates on over 210 items, mostly consumer goods products, to come into effect on Wednesday

published on : 15th November 2017

Finance minister Arun Jaitley hints at further rationalisation of GST rates

The GST Council, headed by the finance minister, in its last meeting at Guwahati on November 10 had decided to cut rates on around 200 items. 

published on : 14th November 2017

GST rollback is an attempt to influence Gujarat elections, says Shiv Sena

In the party mouthpiece Saamana, Sena chief Uddhave Thackeray has attacked PM Modi criticising the rollback of GST rates.

published on : 13th November 2017

Slashed GST rates: Here is a list of essential items which will be cheaper

Here is a list of 178 daily use items which have become cheaper after the slashing of GST rates from 28 to18 per cent, announced by Finance Minister Arun Jaitley at the GST Council meet yesterday.

published on : 11th November 2017
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