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GST Council Increases Tax On Used EV Car Sale By Business
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
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Tax Officer Tries To Extort Rs 15 Lakh From Judge In Nagpur, Case Filed
An inspector with the state sales tax department allegedly threatened and attempted to extort Rs 15 lakh from a judge of the Goods and Services Tax (GST) tribunal in Maharashtra's Nagpur, police said on Sunday.
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Monthly GST Payment Form: Council Likely To Consider Changes In GSTR-3B
The GST Council in its meeting next week is likely to consider a proposal for making changes in the monthly tax payment form -- GSTR-3B, which would include auto-population of outward supplies from sales return and non-editable tax payment table, officials said.
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Crypto Sales Tax At 28%? Discussions Next Week
An Indian ministerial panel will meet next week to discuss a goods and services tax on cryptocurrency transactions, people with knowledge on the matter said.
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Centre's Climbdown On GST, Nirmala Sitharaman Writes To States
After four months of confrontation over GST (Goods and Services Tax) dues, the central government has decided to borrow up to ₹ 1.1 lakh crore on behalf of states. Finance Minister Nirmala Sitharaman has, in a letter to states, explained the reason for the turnaround.
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Finance Ministry Not Planning To Impose Calamity Cess On GST: Report
Finance Ministry sources said that a calamity cess might have a counter-productive effect on sales, which are already low
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In Win For Home-Buyers, Centre Cuts Tax On New Houses Ahead Of Polls
The centre has announced major cuts in the Goods and Services Tax charged on the sale of under construction residential properties - a move that's certain to find favour with middle class voters ahead of the coming elections.
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No GST On Sale Of Properties With Complete Certificate: Government
The Finance Ministry said that housing projects in the affordable segment or any other housing scheme of state governments will attract GST of 8%.
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US Supreme Court Rules States Can Tax Online Sales
The US Supreme Court ruled Thursday that American states had the right to tax internet sales of goods and services.
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GST Returns Deadline Extended Till January 10
Businesses with turnover of up to Rs 1.5 crore will have to file GSTR-1 for July-September by January 10, 2018, as against December 31, 2017 earlier.
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GST Takes Centre Stage At IIM Rohtak's Mumbai Management Summit
Indian Institute of Management (IIM) Rohtak hosted its first Mumbai management conclave on November 11, 2017.
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GST Council Meeting Live: 50 Of Over 220 Items Stay Under 28% GST Slab
The 23rd GST Council Meeting headed by Union Finance Minister Arun Jaitley is meeting in Assam's capital Guwahati today to review the GST rates under the national sales tax
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To Add Heft To Rahul Gandhi's GST Attack, Dr Manmohan Singh In Gujarat
The Congress, on Tuesday, hopes to considerably amplify boss Rahul Gandhi's running attack on the new national sales tax with a visit to Ahmedabad by former Prime Minister Dr Manmohan Singh.
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Mersal, Starring GST Row, Earns Rs 150 Crore, But BJP May Have Its Way
Five days after its release, Tamil film Mersal starring Vijay is a bona fide hit with ticket sales crossing 150 crores worldwide, according to its producers. Mersal which means "stunning", initiated a political controversy after the BJP demanded the deletion of a scene which denounces the new national sales tax or GST.
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Nearly 37 Lakh GST Returns Filed For September So Far: GSTN Chairman
Seventy five thousand sales data is being uploaded on the GSTN portal on an hourly basis, its Chairman Ajay Bhushan Pandey said.
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GST Council Increases Tax On Used EV Car Sale By Business
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
-
Tax Officer Tries To Extort Rs 15 Lakh From Judge In Nagpur, Case Filed
An inspector with the state sales tax department allegedly threatened and attempted to extort Rs 15 lakh from a judge of the Goods and Services Tax (GST) tribunal in Maharashtra's Nagpur, police said on Sunday.
-
Monthly GST Payment Form: Council Likely To Consider Changes In GSTR-3B
The GST Council in its meeting next week is likely to consider a proposal for making changes in the monthly tax payment form -- GSTR-3B, which would include auto-population of outward supplies from sales return and non-editable tax payment table, officials said.
-
Crypto Sales Tax At 28%? Discussions Next Week
An Indian ministerial panel will meet next week to discuss a goods and services tax on cryptocurrency transactions, people with knowledge on the matter said.
-
Centre's Climbdown On GST, Nirmala Sitharaman Writes To States
After four months of confrontation over GST (Goods and Services Tax) dues, the central government has decided to borrow up to ₹ 1.1 lakh crore on behalf of states. Finance Minister Nirmala Sitharaman has, in a letter to states, explained the reason for the turnaround.
-
Finance Ministry Not Planning To Impose Calamity Cess On GST: Report
Finance Ministry sources said that a calamity cess might have a counter-productive effect on sales, which are already low
-
In Win For Home-Buyers, Centre Cuts Tax On New Houses Ahead Of Polls
The centre has announced major cuts in the Goods and Services Tax charged on the sale of under construction residential properties - a move that's certain to find favour with middle class voters ahead of the coming elections.
-
No GST On Sale Of Properties With Complete Certificate: Government
The Finance Ministry said that housing projects in the affordable segment or any other housing scheme of state governments will attract GST of 8%.
-
US Supreme Court Rules States Can Tax Online Sales
The US Supreme Court ruled Thursday that American states had the right to tax internet sales of goods and services.
-
GST Returns Deadline Extended Till January 10
Businesses with turnover of up to Rs 1.5 crore will have to file GSTR-1 for July-September by January 10, 2018, as against December 31, 2017 earlier.
-
GST Takes Centre Stage At IIM Rohtak's Mumbai Management Summit
Indian Institute of Management (IIM) Rohtak hosted its first Mumbai management conclave on November 11, 2017.
-
GST Council Meeting Live: 50 Of Over 220 Items Stay Under 28% GST Slab
The 23rd GST Council Meeting headed by Union Finance Minister Arun Jaitley is meeting in Assam's capital Guwahati today to review the GST rates under the national sales tax
-
To Add Heft To Rahul Gandhi's GST Attack, Dr Manmohan Singh In Gujarat
The Congress, on Tuesday, hopes to considerably amplify boss Rahul Gandhi's running attack on the new national sales tax with a visit to Ahmedabad by former Prime Minister Dr Manmohan Singh.
-
Mersal, Starring GST Row, Earns Rs 150 Crore, But BJP May Have Its Way
Five days after its release, Tamil film Mersal starring Vijay is a bona fide hit with ticket sales crossing 150 crores worldwide, according to its producers. Mersal which means "stunning", initiated a political controversy after the BJP demanded the deletion of a scene which denounces the new national sales tax or GST.
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Nearly 37 Lakh GST Returns Filed For September So Far: GSTN Chairman
Seventy five thousand sales data is being uploaded on the GSTN portal on an hourly basis, its Chairman Ajay Bhushan Pandey said.
