GST Council

E-way bill rollout from April 1; GSTR-3B to be filed till June

E-way bill rollout from April 1; GSTR-3B to be filed till June

With e-way bill rollout, from April 1, transporters of goods worth over Rs 50,000 will have to generate an e-way bill.

Mar 24, 2018, 17:18 PM IST
GST Council likely to give relief to traders, Centre may tweak return filing rules

GST Council likely to give relief to traders, Centre may tweak return filing rules

Currently, the last date to file returns is March 31, 2018.

Mar 10, 2018, 06:53 AM IST
GST collection dips marginally in January to Rs 86,318 crore

GST collection dips marginally in January to Rs 86,318 crore

FinMin said that 1.03 crore taxpayers have been registered under GST till Feb 25, of which 17.65 lakh are composition dealers who are required to file returns every quarter.

Feb 27, 2018, 18:17 PM IST
GST Council need to review embedded taxes on exports: Economic Survey

GST Council need to review embedded taxes on exports: Economic Survey

In June 2016, the Cabinet announced a Rs 6,000 crore package for the apparel sector.

Jan 29, 2018, 18:03 PM IST
GST Council reduces tax rate on 29 items, may simplify return filing process

GST Council reduces tax rate on 29 items, may simplify return filing process

The panel, headed by Finance Minister Arun Jaitley and comprising representatives of all states, at its 25th meeting decided to reduce tax rate on 29 items and 54 categories of services with effect from January 25.

Jan 18, 2018, 20:09 PM IST
Movement of goods set to be easy with e-way bill from February 1

Movement of goods set to be easy with e-way bill from February 1

Inter-state movement of goods beyond 10 kms, with a value of Rs 50,000 and above, will mandatorily require e-way bill from February 1.

Jan 12, 2018, 17:37 PM IST
Govt notifies 1% GST on manufacturers under composition scheme

Govt notifies 1% GST on manufacturers under composition scheme

The notification stipulates that manufacturers who have opted for composition scheme will now have to pay 1 percent Goods and Services Tax (GST) as against 2 percent earlier.

Jan 02, 2018, 20:11 PM IST
GST Council clears e-way bill mechanism; to be rolled out by June 1

GST Council clears e-way bill mechanism; to be rolled out by June 1

Under the e-way bill system, goods worth more than Rs 50,000 have to be pre-registered online before they can be moved from one state to another.

Dec 16, 2017, 17:08 PM IST
GST Council approves mandatory e-way Bill compliance from February 1

GST Council approves mandatory e-way Bill compliance from February 1

GST council said that the e-way Bill system will have to be made ready by January 16 for trial runs.

Dec 16, 2017, 12:49 PM IST
GST Council to meet today; discuss roll out of e-way bill

GST Council to meet today; discuss roll out of e-way bill

This would be the 24th meeting of the Council.

Dec 16, 2017, 09:48 AM IST
GST Council to meet tomorrow; discuss roll out of e-way bill

GST Council to meet tomorrow; discuss roll out of e-way bill

This would be the 24th meeting of the Council.

Dec 15, 2017, 15:07 PM IST
12%, 18% GST rates can be merged to new slab

12%, 18% GST rates can be merged to new slab

Sushil Modi has suggested it that price tags displayed on items be inclusive of all taxes.

Dec 08, 2017, 15:28 PM IST
Big companies will be caught if they don't pass on GST benefit to customers: Adhia

Big companies will be caught if they don't pass on GST benefit to customers: Adhia

The Goods and Services Tax Council during its last meeting on November 10 has lowered tax rates on 178 items from 28 percent to 18 percent.

Nov 26, 2017, 09:54 AM IST
Will takes longer time to include real estate in GST: Sushil Modi

Will takes longer time to include real estate in GST: Sushil Modi

GST rates of 178 items were recently reduced from 28 percent.

Nov 25, 2017, 17:32 PM IST

Will pass on GST rate cut benefits to consumers: Nestle

As many as 178 items of daily use were shifted from the top tax bracket of 28 percent to 18 percent while a uniform 5 percent tax was prescribed for all restaurants, both air- conditioned and non-AC.

Nov 12, 2017, 20:35 PM IST
GST rate cut banked on August surplus

GST rate cut banked on August surplus

In the month of August the deficit came down to Rs 7,000 crore from 17,000 crore in July. 

Nov 12, 2017, 08:02 AM IST
PM Narendra Modi hails recommendations of GST Council, says it will strengthen the tax regime

PM Narendra Modi hails recommendations of GST Council, says it will strengthen the tax regime

Prime Minister Narendra Modi on Friday hailed the recommendations made by the GST Council and said that it will further benefit the people and strengthen the tax regime.

Nov 10, 2017, 23:01 PM IST
Markets end higher on GST relief, but post weekly loss

Markets end higher on GST relief, but post weekly loss

The broader Nifty, after moving between 10,254.10 and 10,344.95, finally concluded 12.80 points, or 0.12 percent, higher at 10,321.75.

Nov 10, 2017, 16:03 PM IST
Furniture, kitchen and confectionery items among 178 goods become cheaper after big GST cut

Furniture, kitchen and confectionery items among 178 goods become cheaper after big GST cut

The all-powerful council pruned the list of items attracting the top 28 per cent tax rate to just 50 from 227 previously, Modi told reporters here.

Nov 10, 2017, 15:41 PM IST