GST

New Delhi: Some pre-packaged food and a number of other items will get more expensive from today as they have been brought under the ambit of the Goods and Service Tax (GST). The decision was taken at the 47th meeting of the GST Council.…

New Delhi: The Goods and Services Tax (GST) Council on Saturday announced a series of rate cuts and exemptions for COVID-19 essential items, including important drugs against the disease. The decision to rationalise the rates were taken at…

New Delhi: The government has informed that there is no proposal to raise the excise duty on cigarettes, bidis and smokeless tobacco. In a written reply to a question in Rajya Sabha on Tuesday, Minister of State for Finance, Anurag Thakur…

New Delhi: The Goods and Services Tax (GST) collection in December 2020 registered a record high of over Rs 1.15 lakh crore, the Union Finance Ministry said on Friday. In fact, the revenues for the month were 12 per cent higher than the…

Bhubaneswar: The Goods and Services Tax (GST) enforcement squad unearthed a tax fraud of Rs 138 crore in Odisha and arrested four businessmen. The arrested businessmen have been identified as Ramachandra Mallick, a stakeholder of Biraja…

The all-powerful GST Council has decided to slash the rate on hotel room tariffs, Union Finance Minister Nirmala Sitharaman has announced. For hotels, there will be nil tax for those with tariffs of up to Rs 1,000 per night. Those charging…

The GST Council on Saturday decided to reduce the tax rate on electric vehicles (EVs) from 12% to 5%. It also slashed the GST on EV chargers from 18 per cent to 5 per cent, an official statement said after the 36th meeting of the council.…