Centre asks states to ensure GST cuts passed on to consumers
Paswan further said that the companies would be required to paste stickers of MRP with new GST rates on the products which are ready for retailing. However, a notification in this regard will be issued soon.
Nov 15, 2017, 19:35 PM ISTNew GST rates may lower CPI inflation by 20 bps: Nomura
Retail or CPI inflation rose to 7-month high of 3.58 percent in October, driven up by costlier food items, particularly vegetables.
Nov 14, 2017, 17:14 PM ISTPM Narendra Modi behind amendments in Goods and Services Tax rates: Rajnath Singh
On November 10, tax rates on over 200 items, were cut to provide relief to consumers and businesses.
Nov 12, 2017, 17:06 PM ISTGST rates being changed considering demands from various sectors
On the agitation against GAIL's gas pipeline project in the state, he said DMK and Congress had no moral right to protest against project since it was brought by their alliance.
Oct 08, 2017, 16:00 PM ISTTCS results, IIP, inflation data to steer market this week
Industrial production (IIP) data for August and inflation numbers for September are due on Thursday.
Oct 08, 2017, 11:15 AM ISTMerchant exporters send SOS to Finance Ministry, seeks timely refunds
Before the GST rollout, exporters had exemptions from Central and state taxes and now they want the same exemption continued against the electronic bond under the GST.
Sep 28, 2017, 18:20 PM ISTNo plans to launch electric vehicles in India: Toyota
Viswanathan said electric vehicle technology is very simple and so, it's not very difficult to introduce such models, and agreed with the view that TKM can launch EVs at short notice.
Sep 23, 2017, 15:06 PM ISTGST disputes to be less, but complicated, says L&S law firm
Classification of goods is a key element, which is set to decide incidence of GST. There are four slabs for both goods and services -- 5 per cent, 12 per cent, 18 per cent and 28 per cent.
Sep 11, 2017, 18:58 PM ISTGJEPC hails GST council decision on rough diamond import
Pandya also welcomed the formation of the special committee to look after GST rules in relation with exports under the Chairmanship of Revenue Secretary.
Sep 11, 2017, 18:42 PM ISTGST council meet successfully ended ; here are the major decisions taken
After the second review meeting post the Goods and Services Tax roll out, Finance Minister Arun Jaitley briefed media about the GST council meeting.
Sep 09, 2017, 21:19 PM ISTGST rate of 3% on gold too low: Economic Survey
The Survey said that the GST Council will have to take up these issues in the coming months.
Aug 12, 2017, 16:39 PM ISTGST on textile job works cut; e-way bill provisions finalised
The all-powerful GST Council, headed by Finance Minister Arun Jaitley, decided to tax all job works in the textile sector, from embroidery to weaving, at 5 percent instead of previously decided 18 percent.
Aug 06, 2017, 00:02 AM ISTFinance Minister indicates scope for rationalisation of rates under GST
He gave the indication in the Lok Sabha while replying to a debate on the Central Goods and Services Tax (Extension to Jammu and Kashmir) Bill, 2017 and the Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Bill, 2017 which were later passed by a voice vote.
Aug 02, 2017, 20:31 PM ISTCentre did not play big brother role in fixing GST rates: Commerce Ministry
Sitharaman, Minister of State for Commerce and Industry, made this remark referring to the agitation by Tamil Nadu film industry over the high rates of tax on cinema tickets.
Jul 08, 2017, 18:34 PM ISTGovernment launches GST Rates Finder app – All you need to know
Government has launched a mobile app to clear doubts about the different rates of GST.
Jul 08, 2017, 14:01 PM ISTGST impact: Manufacturers to face jail term for not reprinting revised MRP on inventory
Consumer Affairs Minister Ram Vilas Paswan on Friday warned of a fine of up to Rs 1 lakh, including a jail term, if new post GST rates are not printed on the inventory in the interest of consumers.
Jul 07, 2017, 14:45 PM ISTIndia launched good reform in complex manner: Sorman on GST
However, the diversity of GST rates in India will bring "distortions and cheating", said the French economist.
Jul 04, 2017, 17:38 PM IST
Hero MotoCorp cuts prices to pass on GST benefits
The country's largest two-wheeler maker Hero MotoCorp has reduced prices of its mass selling models by up to Rs 1,800 to pass on GST benefits to its customers.
Jul 02, 2017, 13:14 PM ISTGST rollout from July 1: List of dearer and cheaper goods, services
Here's a list of products that will become expensive and cheaper after the implementation of GST.
Jun 30, 2017, 14:29 PM ISTIndia ready for GST, anti-profiteering rules soon: Hasmukh Adhia
Hasmukh Adhia, revenue secretary at the Finance Ministry, also said rules would be issued "soon" to deter unscrupulous businesses from exploiting the tax reform to gouge customers.
Jun 16, 2017, 15:26 PM IST