The finance ministry has proposed to borrow Rs 1.58 lakh crore to fund the shortfall in cess collection under the Goods and Services Tax regime, applying the same formula as last year. “We will...

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The GST Council on Friday left taxes on COVID-19 vaccines and medical supplies unchanged but exempted duty on import of a medicine used for treatment of black fungus. A group of ministers will delibe...

The GST Council at its meeting on Friday is expected to take a call on removing the anomaly of inverted duty structures for footwear, textiles and the fertiliser sector. Sources said this is a long p...

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The Jharkhand government will claim from the Centre Rs 1,561 crore towards payment of arrears in respect of GST (Goods and Services Tax) compensation related to 2020-21. Jharkhand finance minister Ra...

A state ministerial panel will look into the possibility of levying GST in evasion prone sectors such as pan-masala, gutkha, and brick kilns on the basis of their manufacturing capacity. The seven-mem...

The Maharashtra Authority for Advance Ruling has said overseas liasion offices should come under the GST net, which is contrary to the stand taken by its counterparts in Rajasthan, Tamil Nadu and Karn...

The GST Council  meeting on Friday will discuss the contentious issue of compensation shortfall for 2021-22 with the Centre and the states preparing for another showdown over how it should be rep...

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