GST regime

'Don't rush for GSTIN; provisional ID will suffice initially'

Traders and dealers who have not completed their registration process can continue to do their business under the GST regime from July 1 using the provisional ID, a top government official said.

Jun 19, 2017, 16:58 PM IST

Congress, NC vow to uphold J&K's special status

The parties held separate meetings of their party legislators here today to discuss the issue.

Jun 16, 2017, 23:12 PM IST

GST Rates: Biscuits to attract 18%; footwear 5% and Gold 3%

The GST Council on Saturday decided to tax gold at 3 percent, footwear below Rs 500 at 5 percent and biscuits at 18 percent under the Goods and Services Tax, which will be rolled out from July 1.

Jun 03, 2017, 19:06 PM IST

Buy home before GST rolls out to save around 2% in taxes

GST is going to be implemented from July 1 and buying home is going to become relatively a costly deal. Watch the video and understand how GST will impact the dream of having your own house.

Jun 02, 2017, 19:23 PM IST

'GST impact neutral for construction and infra sector'

The provision of input tax credit in the upcoming GST tax regime, scheduled to roll out from July 1 this year, will be beneficial for the construction and infrastructure sector, according to a study.

Jun 01, 2017, 22:24 PM IST

High tax on amusement parks to hit industry: IAAPI

Amusement park operators on Thursday asked the government to revise GST rate on the sector saying it was unfair to put entertainment industry for children at par with casinos, betting and race courses.

Jun 01, 2017, 17:36 PM IST

GSTN IT system fully secure against any cyber attack: CEO

GST Network has used 'best in class' security solutions to ensure that the IT backbone for the new indirect tax regime is protected from cyber attacks, its CEO Prakash Kumar said on Wednesday.

May 31, 2017, 15:15 PM IST

Scope for rationalisation of GST rates: Hasmukh Adhia

Revenue Secretary Hasmukh Adhia on Tuesday said there is scope for rationalisation of tax rates fixed for GST regime and the intention of the government is to increase the revenue without hiking tax rates.

May 30, 2017, 22:46 PM IST

Nagaland Assembly passes State GST Bill

The Nagaland Assembly on Saturday joined the rest of the country in passing the Goods and Services Tax (GST) Bill.

May 27, 2017, 16:38 PM IST

GST Bill passed in Himachal Pradesh Assembly

The `revolutionary` Goods and Services Tax (GST) Bill was passed by the Himachal Pradesh State Assembly on Saturday, further paving the way for its roll out on July 1.

May 27, 2017, 16:32 PM IST

GST will lead to more organised logistics sector: Icra

The Goods and Service Tax (GST) rollout is likely to improve the flow of goods on account of reduction in turnaround time as VAT related check posts will be removed. Rating agency ICRA said on Friday.

May 26, 2017, 18:12 PM IST

GST Bill unanimously approved in Tripura

On the concluding day of the three-day session of the Tripura Assembly on Thursday, the Left-ruled state approved the Goods and Services Tax (GST) Bill unanimously by voice vote.

May 26, 2017, 16:02 PM IST

Mizoram GST Bill passed unanimously

Mizoram assembly unanimously passed the Mizoram Goods and Services Tax (GST) Bill, 2017 in a one-day special session of the legislature on Thursday.

May 25, 2017, 15:56 PM IST

CREDAI seeks abolition of stamp duty on landed property

Real estate sectoral body CREDAI has urged the state governments to do away with the stamp duty on landed property to eliminate multi-point taxation after the introduction of GST.

May 24, 2017, 15:13 PM IST

'VAT on petroleum products to continue, to be decided by GST Council'

Maharashtra Minister Deepak Kesarkar on Sunday informed the Legislative Council that the continuation of VAT on petroleum products and alcohol will be decided by the Goods and Service Tax Council in the next five years.

May 21, 2017, 21:13 PM IST

CAIT requests working group to train traders on GST

Traders association CAIT on Sunday asked the government to set up a working group to help non- corporate sector adopt the new GST regime.

May 21, 2017, 20:38 PM IST

GST best bet for states to improve finances: RBI

GSTN is the IT backbone of the country's largest tax reform which is scheduled to be rolled out from July 1.

May 12, 2017, 18:19 PM IST

GST will make domestic companies more competitive: Adhia

Revenue Secretary Hasmukh Adhia is hopeful of a smooth transition to the GST regime and says it will help domestic firms to become more competitive apart from streamlining the taxation for all business activities.

May 07, 2017, 19:25 PM IST

GST rollout: FM Jaitley promises no surprises in rate fixation under new tax regime

Finance Minister Arun Jaitley on Friday promised not to spring any surprises in fixing tax rates under the new GST regime, saying they will not be "significantly different" from current levels.

Apr 28, 2017, 12:48 PM IST

Mobile prices to go up as government may slap customs duty on imported handsets

Certain exemptions that are currently available to domestic handset makers will have to go after the GST regime comes into force.

Apr 26, 2017, 10:51 AM IST