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Gst Council
Business  /  Published 25.07.19

GST council meet on EV rates deferred

The meeting of the GST Council, convened to decide on a cut in the tax rates on electric vehicles, has been postponed as finance minister Nirmala Sitharaman was pre-occupied in Parliament, officials s...
By Our Special Correspondent in New Delhi

Business  /  Published 12.06.20

Lower interest on delayed GST filing

In a relief for MSMEs with a turnover of up to Rs 5 crore, the GST Council on Friday halved the interest rate on delayed filing of GST returns for three months beginning February to 9 per cent. There ...
By Our Special Correspondent in New Delhi

Business  /  Published 20.09.19

GST rate cut for hotels

The GST Council on Friday slashed the tax rates on hotel room tariffs and more than doubled the levy on caffeinated beverages to 40 per cent as they have a negative impact on health. No big relief, ho...
By Our Special Correspondent in New Delhi

Business  /  Published 10.09.19

GST shortfall fears grow

The finance ministry fears a shortfall of Rs 50,000 crore in GST collections this fiscal, given a lower than expected mop-up so far, even as the automobile sector raises its pitch for a rate cut after...
By Our Special Correspondent in New Delhi

Business  /  Published 03.09.19

States may oppose GST relief for cars

The Centre is expected to push for a lower rate on automobiles at the GST Council meeting scheduled on September 20 but may face stiff opposition from some states as this would impact their revenues.‚...
By R. Suryamurthy in New Delhi

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India  /  Published 22.12.18

GST relief falls short of ‚Äėbade aadmi‚Äô goal

Cinema tickets, power banks and digital cameras are expected to turn cheaper after the GST Council on Saturday rearranged the tax basket but the bite of the day was dished out by Bengal finance minist...
By Jayanta Roy Chowdhury in New Delhi

Business  /  Published 18.12.18

Modi hints at GST rejig

Prime Minister Narendra Modi on Tuesday hinted at a further simplification of the goods and services tax (GST) structure when he said the country was reaching a point where 99 per cent of the items wo...
By Our Special Correspondent in Mumbai

India  /  Published 18.03.19

GST Council to consider implementation of lower GST rates for realty sector

The all-powerful GST Council in its 34th meeting to be held on Tuesday is expected to take up various issues, including the implementation of lower GST rates for real estate.The meeting is likely to d...
By PTI in New Delhi

Business  /  Published 24.02.19

Bengal GST view prevails

Bengal finance minister Amit Mitra had lobbied hard for a 1 per cent tax on affordable housing in the run-up to the meeting of the GST Council that took place on Sunday.The council, the apex decision-...
By Our Special Correspondent in New Delhi

Business  /  Published 09.06.19

Drill to bring fuel duo under GST umbrella

The Narendra Modi-government would be keen to push the inclusion of natural gas and aviation turbine fuel (ATF) within the ambit of the goods and services tax to promote the use of green fuel and prov...
By R. Suryamurthy in New Delhi


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