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Gst Council
Business  /  Published 01.01.22

GST Council defers textile duty hike

At the GST Council meeting in September it was decided to correct the inverted duty structure for textiles and footwear...
By Our Special Correspondent in New Delhi

Business  /  Published 30.12.21

GST Council to meet on Friday

This will be a physical meeting, which will also discuss correction in duty inversion in certain goods...
By PTI in New Delhi

Business  /  Published 25.12.21

Call for textile GST reversion

The Telegraph had reported in September of the possibility of a rise in garment prices because of the government’s move to correct the inverted duty structure...
By A Staff Reporter in Calcutta

Business  /  Published 29.11.21

3-rate recipe for revenue neutral GST

The study by the National Institute of Public Finance and Policy said merging the 12% and 18% rates into a rate lower than 18 per cent may result in a revenue loss...
By R. Suryamurthy in New Delhi

Business  /  Published 15.11.21

GST meet to focus on rate rejig

The council’s decision would be critical as the legally bound compensation provided by the Centre to the states for revenue shortfall would end in June 2022...
By R. Suryamurthy in New Delhi

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Business  /  Published 06.11.21

Govt begins review of tax exemptions

The finance ministry’s revenue department has written to various organisations to give their suggestions within 10 days...
By Our Special Correspondent in New Delhi

Business  /  Published 08.10.21

States get Rs 40,000-cr GST dues

A sum of Rs 1.10 lakh crore was given to the states under a similar arrangement in the last fiscal...
By Our Special Correspondent in New Delhi

Business  /  Published 04.10.21

Retrospective tax row in mining

The GST Council has increased the GST on ores and concentrates of metals such as iron, copper, aluminum, zinc and a few others to 18 per cent from 5 per cent...
By R. Suryamurthy in New Delhi

Business  /  Published 28.09.21

2-member panel set up on GST rejig

The Group of Ministers will also review items under inverted duty structure to help minimise refund payout, and review supply of goods and services exempt under GST...
By Our Special Correspondent in New Delhi

Business  /  Published 27.09.21

Revenue-neutral GST on menu

The increase in average tax rate would help the states in getting more revenue and reduce their dependence on the Centre for compensation for any shortfall...
By R. Suryamurthy in New Delhi


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