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GSt slabs News

Goods and Services Tax

01 Jul 2019

Hawai chappal, Mercedes can't have same GST, rationalisation of slabs needed

The GST was implemented through a gala ceremony held in the central hall of Parliament at the midnight of June 30, 2017 and came into effect from July 1, 2017.

10 Aug 2018

Consumers may get election bonanza as GST council may reduce slabs

The finance ministry is in favour of merging the two slabs of 12 percent and 18 percent.

CEA Subramanian

25 Nov 2017

CEA Subramanian hints at lesser slabs under GST

CEA Subramanian said although technical glitches have been noticed in filing for returns, the situation will stabilise over the coming months.

Pon Radhakrishnan

08 Oct 2017

GST rates being changed considering demands from various sectors

On the agitation against GAIL's gas pipeline project in the state, he said DMK and Congress had no moral right to protest against project since it was brought by their alliance.

12 Aug 2017

'Number of slabs in GST will be reduced later'

Defending the different slabs, he said the central government was trying to introduce the new tax system with the consent of states and did not want to impose it.

30 Jun 2017

GST rollout from July 1: List of dearer and cheaper goods, services

Here's a list of products that will become expensive and cheaper after the implementation of GST.

19 May 2017

Heavy bikes, yachts, private jets to attract 31% GST

Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private aircraft and luxury yachts.

19 May 2017

GST Council finalises rates: Here's what will become expensive and what will become cheaper

Here's a list of products that will become expensive and products that will get cheaper after the implementation of GST.

19 May 2017

GST Council to discuss rates on services today, finalise list of exempted items

The GST Council yesterday finalised tax rates for bulk of the items. Foodgrains and common-use products like hair oil, soaps and toothpaste as also electricity will cost less from July 1 when the GST is scheduled to be rolled.

18 May 2017

GST rollout: Coal in lowest tax slab, steel prices to remain stable

Fixing of the GST rate on coal at 5 percent will lead to stabilisation of steel prices, a top official said on Thursday.

18 May 2017

GST rates finalised; food grains to be cheaper, 5% tax on sugar, tea, edible oils

Only 19 percent of goods will be taxed above 18 percent while 81 percent of items will fall under below 18 percent GST rate slabs.

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