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As per the recent tweet by CNBC-TV18, sources say the GST Council agrees and accepts to adopt the GoM report on GST System reform Council has agreed to adopt Recommendations of GoM on system reforms, recommendations are: Using mandatory biometric…
As per the recent tweet by CNBC-TV18, sources say the GST Council decides to refer the matter of setting up GST Tribunals to GoM (group of ministers). GoM to deliberate and come up with a report on detailed structure for…
As per the recent tweet by CNBC-TV18, sources say the GST Council accepts to adopt GoM recommendations for e-way Bill generation for gold, gold jewellery and precious stones. Source: Twitter
As per the recent tweet by ET NOW, sources say the GST Council approves rate of 18% while withdrawing exemption on cheques, lose or in book form. GST Council approves rate of 18% while withdrawing exemption on cheques, lose or in…
The GST Council on Tuesday approved changes in tax rates on some goods and services while allowing states to issue an e-way bill for intra-state movement of gold and precious stones, officials said. The Council, chaired by Finance Minister Nirmala…
The CBI has started an investigation against three Income Tax department officials for allegedly facilitating fictitious refunds of TDS deducted for several assessee by misusing system access of senior officers, officials said on Sunday. The probe agency filed the FIR…
The GST department may soon issue a host of clarifications on certain vexed issues in tax rates, including exemptions to assisted reproductive technology (ART) or in vitro fertilization (IVF) as well as applicability of GST on payment of honorarium to…
As states and the centre gear up for the 47th GST Council meeting in Chandigarh next week, here is a list of items and services, which sources tell CNBC-TV18 are up for rate revision, clarification, and even some that the…
The all-powerful GST Council at its meeting in Chandigarh this week is expected to vet a proposal of the panel of state finance ministers on levying 28% goods and services tax (GST) on online gaming, casinos and horse racing. The…
The goods and services tax (GST) profiteering watchdog has held cosmetics and personal care giant L’oreal guilty of not passing on the rate reduction benefits to consumers to the tune of Rs.186 crore. Thereby, the national anti-profiteering authority has directed…