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Govt Notifies Increasing rate of GST Cess on Motor Vehicles [Read Notification]

The Central Board of Excise and Customs (CBEC), on Wednesday notified the increased rate of cess on Motor Vehicles. Earlier, the 21st meeting of the...

Finance Minister Arun Jaitley constitutes a Group of Ministers and a Committee on Exports

Registration for TDS & TCS to be opened from 18th September: Govt

GST Council Outcome: Due Dates of GSTRs Extended, Persons Making Inter-State supplies of handicraft...

GSTR-1 can be filed till 10th October: Govt [Read Notification]

21st GST Council Meeting Tomorrow to Fix Tax Anomalies, Cess hike on Cars

The 21st meeting of the Goods and Services Tax (GST) Council to be held at Hyderabad may decide the issues on tax anomalies, hike of cess on Cars etc., tomorrow. The most powerful body under the new...

Govt Likely to Re-open Composition Scheme window for Small Traders

Reportedly, the Central Government is considering re-opening of registration window for allowing small businesses to pay levies at a lower rate by foregoing the benefit of input tax credit under the...

GST Council may Lower Tax on certain Items if High Tax Collection Continues

The most powerful GST Council may think about lowering GST on some items of common consumption if high tax collection continues till December, said by a Government Official. The tax reduction could...

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...

Breaking: Govt Notifies E-Way Bill Rules [Read Notification]

Finally, the Central Government has notified the much awaited E-way Bill Rules, 2017 under the Goods and Services Tax (GST) regime. The GST Council, the apex body of the new indirect tax law, on the...

Cabinet approves promulgation of the GST (Compensation to States) Ordinance, 2017

The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to the proposal of the Finance Ministry to promulgate an ordinance to suitably amend the Goods and Services Tax...

Govt to promulgate Ordinance to Increase GST Cess on Luxury Cars & SUVs

The Government, with a view to increase Goods and services Tax (GST) Cess on luxury cars and SUVs, may promulgate an ordinance, said reports. The said move seeks to restore tax revenue from the...

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