In yet another push for GST rationalisation from the industry, the Indian Beverage Association (IBA) has approached North Block, urging a re-examination of high tax rates.
Madurai District Borewell Rig Owners and Agents’ Welfare Association, following several failed attempts to represent their issue to the Union Finance Ministry, has once again appealed to the authorities to take up the issue of reduction of GST for borewell services in the upcoming 54th GST council meeting.
Trade bodies demand simplification of the Goods and Services Tax (GST) Act and rules and stress on taking the matter as priority in the upcoming GST council meeting scheduled to be held on September 7.
The Ministry of Information and Broadcasting (I&B) has urged the Department of Revenue to take initiatives for exempting digital news subscriptions from the Goods and Services Tax (GST) or bringing it down to 5% from 18%.
The Tiruchi District Financiers and Chit Funds Association has appealed to the Centre to exempt chit fund services from GST.
City-based oil merchants have urged commercial taxes minister P Moorthy to recommend to the GST Council to reduce the 12% GST on lamp oil to 5%, considering that it is nothing but a mixture of many oils which are taxed only 5%. Madurai Oil and Oil Seeds Association stated that lamp oil could be divided into scented and unscented categories for GST.
Private schools’ teachers’ union, Joint Action Front, has written to the state education secretary, opposing the directive issued by the Punjab School Education Board last month which mandates 18% GST imposition on continuation fees payable by e-affiliated schools for the academic session 2024-2025.
DoCA is proposing to make the Rules mandatory for all pre-packaged commodities meant for retail sale even if the quantity is more than 25 kgs or 25 litres.
A number of app-based ride-hailing services, including Uber, have approached the Union Finance Ministry, the GS) Council, and the AAR to determine their tax liability. This action, according to a report by The Economic Times (ET), follows a decision by the Karnataka AAR, which ruled that Bengaluru-based direct-to-driver app Namma Yatri is not required to pay GST.
Divisional president of the association M. Sharanagouda in a memorandum demanded the government withdraw the Goods and Services Tax (GST) on Life and Medical Insurance premium. Both life insurance and medical insurance premiums attract a GST rate of 18%.
