GST Revenue falls to 94,016 Crores in May
The total gross GST revenue collected in the month of May 2018 is Rs. 94,016 crore of which CGST is Rs.15,866 crore, SGST is Rs.21,691 crore, IGST is...
![No Cess on Old and Used Motor Vehicles: CBEC Notifies [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/01/Used-Motor-Vehicles-Taxscan.jpg "No Cess on Old and Used Motor Vehicles: CBEC Notifies [Read Notification]")
![Lok Sabha passes GST (Compensation to States) Amendment Bill 2017 [Read Bill]](https://www.taxscan.in/wp-content/uploads/2017/06/Compensation-Taxscan.jpg "Lok Sabha passes GST (Compensation to States) Amendment Bill 2017 [Read Bill]")
Leasing of Vehicles Purchased and Leased prior to GST Rollout would Attract GST, says Finance Ministry
In a press release issued today, the Finance Ministry clarified that leasing of vehicles purchased and leased prior to 1st July, 2017 would attract GST at a rate equal to 65% of the applicable GST...
President Promulgates Ordinance to Increase GST Compensation Cess on Large Cars & SUVs [Read Ordinance]
India’s new President Ram Nath Kovind, last day promulgated ordinance enabling an increase in the goods and services tax (GST) cess on motor vehicles, including medium-sized cars, large cars and...
![President Promulgates Ordinance to Increase GST Compensation Cess on Large Cars & SUVs [Read Ordinance]](https://www.taxscan.in/wp-content/uploads/2017/02/CESS-Taxscan.jpg "President Promulgates Ordinance to Increase GST Compensation Cess on Large Cars & SUVs [Read Ordinance]")
HC Admits Plea challenging the Constitutional Validity of GST Compensation Cess: Directs Dept to Not to take Coercive Steps for Non-payment [Read Order]
A division bench of the Delhi High Court in recently admitted a writ petition challenging the constitutionl validity of the GST Compensation Cess on coal under the new indirect tax regime, rolled out...
GST Compensation Cess Not Payable on Intra-State Supply of Second Hand Goods under RCM [Read Notification]
The Central Government last day notified that intra-State supply of second hand goods for which reverse charge is applicable are exempted from the levy of GST Compensation Cess. GST Compensation Cess...