Category: GST

Clipped from: https://www.financialexpress.com/economy/government-notifies-procedural-changes-in-gst-rules/2584886/ The changes were vetted by the Goods and Services Tax (GST) Council at its meeting last week. With the amendments notified by the

lipped from: https://www.thehindubusinessline.com/economy/further-pruning-of-services-exemption-on-card-revenue-secretary/article65602836.ece ‘ZERO’ rating for healthcare not possible, says Tarun Bajaj Revenue Secretary Tarun Bajaj on Tuesday said that further pruning of exemption list for

lipped from: https://www.thehindubusinessline.com/economy/inflation-has-a-role-in-higher-collection-says-revenue-secretary-tarun-bajaj/article65603064.ece Inflation affects prices of both inputs and outputs: CBIC Chairman Johri Revenue Secretary Tarun Bajaj on Tuesday acknowledged that inflation has contributed in

Clipped from: https://www.financialexpress.com/opinion/gst-hits-misses-and-opportunities/2584060/ Five years after the introduction of the GST, the need for GST tribunals and a central appellate authority on advance rulings is strongly

lipped from: https://www.financialexpress.com/economy/people-can-afford-to-pay-5-gst-on-hospital-rooms-above-rs-5k-bajaj/2584247/ In its June 28-29 meeting, the council decided to impose the tax on hospital rooms costing over Rs 5,000/day to widen the tax

On June 29, the GST Council approved removal of a host of tax exemptions and raised rates for a larger number of mass-consumption items to

Clipped from: https://economictimes.indiatimes.com/health-care/healthcare-industry-seeks-suspension-of-5pc-gst-on-high-rental-hospital-rooms/articleshow/92679942.cms Synopsis “While the phasing away of the exemptions is a laudable objective for it integrates a large part of the value chain in

Clipped from: https://www.thehindu.com/opinion/editorial/reset-mode-the-hindu-editorial-on-gst-reform/article65590048.ece As GST turns five, its metamorphosis into a truly Good and Simple Tax needs greater Centre-States dialogue  As GST turns five, its metamorphosis

Clipped from: https://www.thehindubusinessline.com/blexplainer/all-about-the-gst-compensation-fund/article65598067.ece What is GST compensation? Why was this mechanism instituted?  As the country shifted to Goods and Service Tax, there was apprehension among manufacturing

Clipped from: https://www.thehindubusinessline.com/economy/policy/bringing-fuel-under-gst-will-take-more-time-revenue-secretary-tarun-bajaj/article65598774.ece 28 per cent GST rate to continue, the merger of others a challenge Revenue Secretary Tarun Bajaj on Monday indicated that bringing fuel

Clipped from: https://www.thehindubusinessline.com/economy/discontinue-exemption-of-healthcare-sector-from-gst-allow-claim-of-input-tax-credit-ficci/article65600109.ece Industry chamber has urged Finance Ministry to bring healthcare under zero-rating GST The Federation of Indian Chambers of Commerce and Industry (FICCI) has

Clipped from: https://www.business-standard.com/article/economy-policy/policymakers-don-t-have-fetish-to-raise-rates-revenue-secy-tarun-bajaj-122070500048_1.html But the government is open to discussing narrowing down the three slabs of 5, 12 and 18 per cent into two, he said

Clipped from: https://www.business-standard.com/article/economy-policy/industry-body-voices-concern-over-5-gst-on-hospital-room-tariffs-122070500046_1.html Ficci bats for zero GST on health care in letter to FM; CAIT against tax tweaks on food items The chamber added hospitals

Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/gst-council-decides-not-to-change-28-taxation-on-all-forms-of-gambling/articleshow/92661843.cms Synopsis ​​The online gaming industry has sought to delineate games of skill and chance it serves up. High courts in several states have

Clipped from: https://www.business-standard.com/article/economy-policy/small-traders-to-gain-in-gst-relief-for-e-commerce-sellers-transport-122062901384_1.html For the transport sector, the council lowered GST to 5 per cent from 18 per cent on ropeways, renting of goods carriage, including

Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-five-years-on-has-gst-delivered/article65579054.ece The objective of achieving a unified indirect tax system for a country as large and as densely populated as India was no mean

Clipped from: https://www.business-standard.com/article/economy-policy/gst-what-lies-ahead-for-india-s-most-ambitious-indirect-tax-reform-122063001481_1.html The continuation of a business-as-usual approach can undermine the GST’s ability to either raise revenues for the government or improve the ease of

Clipped from: https://www.business-standard.com/article/economy-policy/five-years-of-gst-mistakes-that-have-made-the-regime-a-disappointment-122070100014_1.html Addressing mistakes made while introducing the tax and getting back to a revenue-neutral rate(s) constitute the agenda that awaits attention Clearly, there is

Clipped from: https://www.thehindubusinessline.com/opinion/has-gst-been-a-game-changer/article65590076.ece It will become one if restrictions on availing input tax credit are removed and Appellate Tribunals are set up Five action-packed years. Forty-seven

Clipped from: https://www.thehindubusinessline.com/opinion/has-gst-been-a-game-changer/article65590076.ece It will become one if restrictions on availing input tax credit are removed and Appellate Tribunals are set up Five action-packed years. Forty-seven