GSTIN display on sign boards must for businesses
Traders and businesses will have to display the GST registration number on their business sign boards and the registration certificate in premises.
Jul 10, 2017, 20:38 PM IST
'Apprehension about price rise post-GST misplaced'
Ruling out any price rise post Goods and Services Tax (GST), former Revenue Secretary Shaktikanta Das has said such apprehensions are "misplaced" and initial hiccups in its implementation will be sorted out in the next 2-3 months.
Jul 02, 2017, 11:43 AM IST
1.6 lakh new businesses register on GSTN in 4 days
As many as 1.6 lakh businesses that were previously not registered for either VAT, service tax or excise duty have enrolled for Goods and Services Tax (GST) in the past four days.
Jun 29, 2017, 14:57 PM IST
Banks not yet prepared for GST roll-out: IBA to Parliamentary panel
With less than a month left for the rollout of the GST, the Indian Banks' Association (IBA) has informed a Parliamentary panel that lenders are not yet geared up for implementation of the new indirect tax regime.
Jun 04, 2017, 16:16 PM IST
'GST to help in better description of GDP'
The Goods and Services Tax, to be implemented from next month, will be an exciting development from data point of view and help provide a more complete description of the economic activity, Chief Statistician T C A Anant has said.
Jun 04, 2017, 11:35 AM 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
Small cars may see small hike in prices under GST
Small and mid-sized cars may see a small hike in prices after the Goods and Services Tax (GST) is rolled out from July 1 as different goods are fitted into the four-slab rate structure.
Apr 24, 2017, 19:15 PM IST
Centre, states taxmen to decide services rate in GST this week
Tax officials of the central and state governments will this week hold their maiden meeting on devising a formula for tax rate to be levied on services under the Goods and Services Tax (GST) regime from July 1.
Apr 16, 2017, 12:32 PM IST
Legal experts divided over service charge in restaurants
Opinion appears to be divided among legal experts on the government's approach on service charge in restaurants, with a section terming it totally "illegal and unfair" trade practice and the other favouring making the levy optional.
Mar 05, 2017, 13:16 PM IST
GST Bill set to be ratified in monsoon session of AP Assembly
The three-day monsoon session of Andhra Pradesh Legislative Assembly will be held from Thursday with the two Houses set to ratify the Constitution (122nd Amendment) Bill, paving way for the introduction of Goods and Services Tax.
Sep 06, 2016, 19:32 PM IST
Assocham for penalty waiver in initial phase of GST rollout
Ahead of the meeting of Empowered Committee of State FMs with industry chambers, Assocham on Friday said it will press for waiver of penalties on unintentional compliance errors which may occur during the initial phase of Goods and Services Tax (GST) implementation.
Aug 26, 2016, 16:35 PM IST
Exemption on export products should continue under GST: FIEO
Exporters body FIEO on Thursday said under the Goods and Services Tax (GST) regime, exemption on final export products should continue to promote overseas shipments.
Aug 04, 2016, 19:20 PM IST
EU seeks to end higher levies on ebooks
Taxes on ebooks should be cut to align their price with paper books, the European Commission proposed on Thursday as part of a broader review of sales tax`s rules in Europe
Apr 07, 2016, 15:47 PM IST
GST rate will go up if Kejriwal keeps luxury item out of budget: Jaitley
Union Finance Minister Arun Jaitley on Monday said Delhi Chief Minister Arvind Kejriwal`s `zero tax` budget that aims to rationalise the Value Added Tax (VAT) structure and keep luxury items out of the proposed GST, will automatically lead to the standard rate of GST going .
Apr 04, 2016, 13:28 PM IST
FAOTA stir: Odisha to procure commodities via national e-mktg
Hours before traders stopped import of food items including pulses from other states demanding withdrawal of VAT on food items, the Odisha government on Thursday decided to procure commodities through national e-marketing.
Apr 01, 2016, 01:55 AM IST
Govt will make U-turn at midnight if it benefits people: Mainsh Sisodia
Delhi Deputy Chief Minister Manish Sisodia today the AAP government made a U-turn on the proposal to levy VAT on textiles and shoes "as people were facing problems because of the move" and said it was ready to change its decisions at midnight if it benefits people.
Mar 31, 2016, 02:00 AM IST
Good news! Low-cost footwear, school bags to remain VAT free
Following protests from several MLAs, the Delhi government has decided to roll back the hike in VAT on low-cost footwear and textiles which was proposed in its Budget 2016-17.
Mar 30, 2016, 18:33 PM IST
Like Amma Canteens in Tamil Nadu, Delhi to have Aam Aadmi Canteens
The Aam Aadmi Party government on Monday presented a "tax-free" budget and rationalised the VAT structure which may reduce the cost of products such as readymade garments, shoes, watches and electric and hybrid vehicles in the national capital.
Mar 28, 2016, 18:13 PM IST
Govt to walk extra mile to see jewellers are not harassed: Arun Jaitley
Finance Minister Arun Jaitley on Sunday offered to walk the extra mile to ensure that small traders were not harassed but made it plain that luxury items cannot go untaxed.
Mar 27, 2016, 18:52 PM IST
Delhi govt to start drive to register traders with VAT dept
In order to bring more traders under tax net in the capital, Delhi government will run a large scale campaign from April to encourage the city's dealers, whose gross turnover is more than Rs 20 lakh annually, to register themselves with its VAT department.
Mar 27, 2016, 14:58 PM IST
