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GST deadline News

30 Oct 2017

Make GST inclusion in MRP mandatory, suggests GoM

Among other things, the GoM also suggested lowering the fees for delayed filing of returns to Rs 50 a day from Rs 100.

GST July 1 rollout

07 Jul 2017

Jammu and Kashmir Assembly passes State Goods and Services Tax law

Jammu and Kashmir Assembly on Friday passed the State Goods and Services Tax (SGST) law amid opposition boycott.

GST July 1 rollout

29 Jun 2017

Jammu and Kashmir govt to take final call on GST implementation today

A meeting of the all-party consultative group is scheduled for today at 4 pm.

28 Jun 2017

Ready or not, Indian businesses brace for biggest-ever tax reform

Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust.

23 Mar 2017

Government may table GST Bill in Parliament today

The Union Cabinet this week cleared four supplementary Goods and Services Tax (GST) legislations which will be introduced in Parliament in the ongoing budget session.

22 Mar 2017

GST rollout from July 1 to make goods cheaper: Jaitley

Finance Minister Arun Jaitley said on Wednesday that the government was hoping to implement the Goods and Services Tax (GST) by July 1 after the enabling Bills get Parliament`s nod in the current budget session.

18 Feb 2017

GST Council approves draft Compensation Bill; to next meet in March

The GST Council, in a meeting on Saturday, cleared the law for compensating states for loss of revenue that they may incur during implementation of of Goods and Service Tax.

03 Dec 2016

There is constitutional compulsion before states to roll out GST before September 16, 2017: Arun Jaitley

Finance Minister Arun Jaitley said on Friday that rolling out GST before September 16 has become a constitutional necessity as states will not be able to collect their share of taxes henceforth,there is no scope to delay the decision any further.

18 Oct 2016

GST Council 3-day meet starts today; crucial tax rate, other key issues likely to be finalised

With the finance ministry setting November 22 as the deadline for building consensus on all the issues in the Council, the upcoming meeting is significant.

17 Oct 2016

GST Council to meet tomorrow, decide on tax rate by Thursday

The crucial three-day meeting of the all-powerful GST Council, starting Tuesday, will decide on the tax rate and sort out issues like compensation formula for rollout of the new indirect tax regime from April 1, 2017.

17 Oct 2016

Assam starts process for providing GST registration to taxpayers

The BJP-ruled Assam, the first state to ratify the GST Amendment Bill, has started the process for providing registration to taxpayers in the new indirect tax regime that is slated to kick in from April next year.

28 Sep 2016

Central Government's booster package to get GST implement from 1st April 2017

16 Sep 2016

GST to be game changer for manufacturing, ease of doing biz: Abhishek

Implementation of the goods and services tax (GST) is bound to be a "game changer" for India's manufacturing sector and will enhance ease of doing business in the country.

16 Sep 2016

Government formally notifies GST Council

Government has formally notified the GST Council, which will decide on the tax rate, exempted goods and the threshold under the new taxation regime.

15 Sep 2016

GST rollout a hell of a challenge, says Infosys CEO Sikka

Describing GST rollout "a hell of a challenge", Infosys CEO Vishal Sikka on Thursday acknowledged that there are pockets of weak preparedness, but there is still time to address them before the April 2017 deadline.

24 Aug 2016

Special session of Goa Assembly to ratify GST on August 31

The government has set a deadline of April, 2017 for GST rollout.

20 Dec 2015

Even the trinity of Gods Brahma, Vishnu and Mahesh can't help meet GST deadline: Anand Sharma

he April 1 deadline for rolling out GST will not be met "even if the trinity of Gods - Brahma, Vishnu and Mahesh - descend on earth", as the government has not yet completed the preparatory work for the new indirect tax regime, Congress leader Anand Sharma said.

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