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Currently, the Centre and states together hold 49 per cent stake in GST Network, the company that provides IT backbone to the new indirect tax regime.
The minister added that central government had already deducted excise duty on petrol and diesel a few months ago.
The Central Government has respond ed favourably to the state’s proposal for imposing an additional 10 per cent cess on SGST.
Central GST Commissionerate has launched a free return filing centre at the Parel area of the city in April but has not met with the desired response.
With most of the loose ends tied up with regard to Goods and Services Tax (GST), the revenue department has now decided to focus on enforcement with a view to shore up revenues by checking tax evasion
After 13 months since withdrawal, the Railway department has reinstated the facility to book tickets for circular journey recently.
The VAT rates are also ad valorem which means every time the product price goes up the taxes also go up.
A cut in oil taxes will add to the fiscal deficit. National fiscal deficit determines bond yield and with a higher fiscal deficit the rupee becomes shakier.
A number of businessmen in the city are now preferring a convenient transfer of funds, which takes place with a far lower commission than that charged by banks.
Jyotishi said as per current records, there are 8 lakh assessees (3.4 lakh Central government monitored and the rest by the state).
In August this year, the GST collections were Rs 3,676.19 crore against the collections of Rs 2,661.28 crore in 2017
The Act has been invoked against Asif and Shahzad, residents of Dadri, Rahul and Vipin from Bareilly, Deepanshu from Kanpur Dehat, Zubair from Meerut, Gulzar and Saadaan from Ghaziabad.
The International Airport Transport Association (IATA) is a grouping of more than 280 airlines. Air India, Jet Airways and Vistara are also members.
Stating that there is a thriving private airlines business in the country, she questioned the government's intention of reviving national carrier Air India.
As per the Bureau of Outreach and Communication under the ministry, the "expenditure on GST advertisements through this bureau" on print media stood at Rs 1,26,93,97,121.