Diabytes
GST rate News
)
GST Council Meeting Highlights: The Council recommended reduction of payment of pre-deposit for filing an appeal before the Appellate Authority in respect of an order passed which involves only penalty amount.
)
GST on premiums paid by individuals, other than senior citizens, for health insurance of up to Rs 5 lakh, is proposed to be exempted.
)
Know about the new rules to be implemented across the country from today. These rules will impact your pocket. Watch to know more.
)
Finance Minister Piyush Goyal has said the focus on consumers and MSMEs.
)
The demand came days after solar industry made a similar pitch, stating while unrealistic levy on the solar panels is killing the indian industry and giving an edge to Chinese exporters.
)
The association called for bringing down GST rate on biscuits between 5 percent and 12 percent saying it is not a premium product and higher tax will lead to stagnation in growth of the industry.
)
Finance Minister Arun Jaitley said a single rate GST is possible only in countries which have similarly placed population and in a highly differentiated society like India it would have been inflationary.
)
Check out the complete list of goods on which GST rate recommended for reduction from 28 percent to 18 percent.
)
The Confederation of All India Traders (CAIT) contended that the GST triggered price spike may push these products out of the price reach of the common man and exacerbate India's malnutrition and hunger problem which has already reached endemic proportions.
)
These rates would apply for a period of three years with effect from July 1, Finance Ministry said in a statement.
)
The Finance Ministry late last night notified the hike in quantum of cess to be levied on cars, following which the new rates came into effect.
)
The GST Council decided to hike the cess on mid and high-end cars on September 9.
)
After GST implementation, the government exempted compensation cess only on ambulances that can carry up to nine persons.
)
The three-wheelers segment`s off-take increased by 2.51 per cent to 51,451 units during the month under review.
The ordinance raises the ceiling on GST cess for luxury vehicles and SUVs from the current 15 percent to 25 percent.
)
)
The Cabinet on Wednesday approved promulgation of an ordinance to amend the GST compensation law to pave the way for increasing cess on mid and large cars to 25 per cent, from 15 per cent.
)
After the cap on cess is raised, the total tax under Goods and Services Tax (GST) on such vehicles will go up to 53 percent from the current 43 percent as these have been placed under the highest tax slab of 28 percent.
)
This will be the third meeting of the council since the launch of the Goods and Services Tax (GST) on July 1 and the 21st since it was set up in September last year.
)
Import of gold attracts a 10 per cent basic customs duty. On top of that a 12.5 per cent countervailing duty (CVD) was levied prior to GST.
Loading...
 "Will Hindus get justice in Bengal's Murshidabad?")
 "DNA: Uproar over freebies in Delhi!")
 "DNA: AIMIM plans to field 2020 Delhi riots accused Shahrukh Pathan")
 "DNA: A report showing the reality of Bangladesh")
 "DNA: Power Theft Allegations Against SP MP Ziaur Rahman Barq")
 "DNA: Hot Tea Linked to Cancer Risk!")
 "DNA: Why Jordan Fears After Syria’s Coup?")
 "DNA: NSA Ajit Doval’s China Visit - Inside Story")
 "DNA: Gandhi Family Ruined My Career, says Mani Shankar Aiyar")
 "DNA: Ground Report- Tight Security Arrangements for Mahakumbh")
