Gst Rate Cuts
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GST Council Exempts Gene Therapy, Cuts Tax Rate For Rice Kernels
Jaisalmer (Rajasthan): Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent and exempted life-saving gene therapy from tax.
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55th GST Council Meet Defers Decision On Health Insurance Premium Rate Cuts
The Goods and Services Tax (GST) Council on Saturday deferred the decision on rate cuts on life and health insurance premiums, as some more technicalities need to be ironed out.
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Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
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At Key GST Meet, States Request Rate Cut On Health Insurance Premiums
Bihar Deputy Chief Minister Samrat Chaudhary was appointed as the convenor of the Group of Ministers on GST rate rationalisation.
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Representatives Have Sought GST (Tax) Cuts On Knives, Spoons: Minister
The Minister of State for Finance had said the GST rates and exemption were prescribed by the government, based only on the recommendations of GST Council.
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L'Oreal Found Guilty Of Profiteering Rs 186 Crore
The National Anti-Profiteering Authority has found L'Oreal India guilty of not passing on GST rate cut benefit worth over Rs 186.39 crore to customers
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High Inflation May Defer GST Rate Change: Report
The goods and services tax (GST) rate rationalisation is likely to be delayed due to elevated inflation
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In A Boost To Aviation Sector, GST Cut To 5% For Domestic MRO Services From 18%
The government has reduced the Goods and Services Tax (GST) rate on domestic maintenance, repair, and overhaul (MRO) services to 5 per cent from 18 per cent in order to support the aviation sector, Minister of State for Civil Aviation General (Retd) V K Singh said on Monday.
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Budget 2022: Auto Dealers' Body Seeks GST Rate Cut On Two-Wheelers
Automobile dealers' body FADA has urged the government to reduce GST rates on two-wheelers to 18 per cent in order to generate demand in the segment.
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GST Council To Meet On December 31 To Discuss Rate Rationalisation
GST council led by finance minister Nirmala Sitharaman will meet on December 31, a day after she holds talks with her states counterparts on budget
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India Revenue Secretary Says Open To 'Tinkering' Tax Rates On Automobiles
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.
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Maruti Suzuki Announces Price Cut On Eeco Ambulance As Government Reduces GST
With GST rate on Ambulance lowered to 12 per cent from 28 per cent, Maruti Suzuki India has decided to reduce prices of the Eeco Ambulance. It is now priced at Rs. 6.16 lakh (ex-showroom, Delhi).
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GST Concessional Rate On COVID Supplies Valid Till September 30: Finance Ministry
On June 12, the GST Council, chaired by the Finance Minister, reduced the tax rates on most COVID supplies and declared that no tax will be levied on medicines for treating Black fungus.
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No Tax On Black Fungus Medicine, 5% GST To Continue On Covid Vaccines
Tax on medicines, some hospital equipment and other items needed in the fight against COVID-19 has been reduced by the Goods and Services Tax Council. The tax cut is based on recommendations by a Group of Ministers amid the pandemic.
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GST Council Cuts Rates On COVID Supplies, No Tax On Black Fungus Medicine
GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, reduced the tax rates on major COVID-related essential items, however, vaccines will continue to attract a five per cent GST
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GST Council Exempts Gene Therapy, Cuts Tax Rate For Rice Kernels
Jaisalmer (Rajasthan): Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent and exempted life-saving gene therapy from tax.
-
55th GST Council Meet Defers Decision On Health Insurance Premium Rate Cuts
The Goods and Services Tax (GST) Council on Saturday deferred the decision on rate cuts on life and health insurance premiums, as some more technicalities need to be ironed out.
-
Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
-
At Key GST Meet, States Request Rate Cut On Health Insurance Premiums
Bihar Deputy Chief Minister Samrat Chaudhary was appointed as the convenor of the Group of Ministers on GST rate rationalisation.
-
Representatives Have Sought GST (Tax) Cuts On Knives, Spoons: Minister
The Minister of State for Finance had said the GST rates and exemption were prescribed by the government, based only on the recommendations of GST Council.
-
L'Oreal Found Guilty Of Profiteering Rs 186 Crore
The National Anti-Profiteering Authority has found L'Oreal India guilty of not passing on GST rate cut benefit worth over Rs 186.39 crore to customers
-
High Inflation May Defer GST Rate Change: Report
The goods and services tax (GST) rate rationalisation is likely to be delayed due to elevated inflation
-
In A Boost To Aviation Sector, GST Cut To 5% For Domestic MRO Services From 18%
The government has reduced the Goods and Services Tax (GST) rate on domestic maintenance, repair, and overhaul (MRO) services to 5 per cent from 18 per cent in order to support the aviation sector, Minister of State for Civil Aviation General (Retd) V K Singh said on Monday.
-
Budget 2022: Auto Dealers' Body Seeks GST Rate Cut On Two-Wheelers
Automobile dealers' body FADA has urged the government to reduce GST rates on two-wheelers to 18 per cent in order to generate demand in the segment.
-
GST Council To Meet On December 31 To Discuss Rate Rationalisation
GST council led by finance minister Nirmala Sitharaman will meet on December 31, a day after she holds talks with her states counterparts on budget
-
India Revenue Secretary Says Open To 'Tinkering' Tax Rates On Automobiles
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.
-
Maruti Suzuki Announces Price Cut On Eeco Ambulance As Government Reduces GST
With GST rate on Ambulance lowered to 12 per cent from 28 per cent, Maruti Suzuki India has decided to reduce prices of the Eeco Ambulance. It is now priced at Rs. 6.16 lakh (ex-showroom, Delhi).
-
GST Concessional Rate On COVID Supplies Valid Till September 30: Finance Ministry
On June 12, the GST Council, chaired by the Finance Minister, reduced the tax rates on most COVID supplies and declared that no tax will be levied on medicines for treating Black fungus.
-
No Tax On Black Fungus Medicine, 5% GST To Continue On Covid Vaccines
Tax on medicines, some hospital equipment and other items needed in the fight against COVID-19 has been reduced by the Goods and Services Tax Council. The tax cut is based on recommendations by a Group of Ministers amid the pandemic.
-
GST Council Cuts Rates On COVID Supplies, No Tax On Black Fungus Medicine
GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, reduced the tax rates on major COVID-related essential items, however, vaccines will continue to attract a five per cent GST
