He hailed the latest phase of the #NextGenGST reforms which continues this journey by simplifying tax structures, rationalising rates, and making the system more equitable and growth-oriented.
The removal of the value threshold for GST refunds will significantly benefit small and e-commerce exporters by making even low-value shipments eligible for refunds.
The GST reforms approved by the 56th GST Council Meeting will support the growth of various sectors including India’s rapidly growing drone ecosystem.
The new GST (Goods and Services Tax) rates mark a major transformation in the agriculture and dairy sectors.
Press conference of Union Agriculture and Rural Development Minister Shri Shivraj Singh Chouhan
An empty car showroom with barely any buyers, hassled managers looking to clear the stocks in their inventory, struggling to explain the math behind the car pricing that simply doesn’t align with the rate reductions promised under GST 2.0, at least for now
With the reduced GST rates on 375 items set to be effective from September 22, CBIC Chief Sanjay Kumar Agarwal has underlined the need for “proactive outreach” by tax officers to handhold trade and industry in navigating the transition smoothly.
The life insurance industry is preparing to approach the government with fresh demands after the GST Council exempted individual life and health insurance policies from tax earlier this month.
With less than two weeks to go for the GST 2.0 rates to take effect, the country’s apex automotive dealers’ lobby body has made a desperate appeal to Prime Minister Narendra Modi to help tide over the unaddressed issue of compensation cess.
The new GST rates and slabs will have a wide-scale impact on the many items related to Heavy industries. It’s detailed clarifications is as follows:
