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GST: Centre proposes to Postpone Implementation of E-Way Bills

Taxscan Team

With just a few days left for the roll out of India’s most awaited Indirect tax regime, the Cenral Govt proposing to postpone the implementation of...

GST: Council Revises Tax Rates on 66 Items, Movie Tickets, Insulin, Agarbattis to go Cheaper

FM Arun Jaitley to chair the 16th Meeting of the GST Council on Sunday

GST Council constitutes 18 Sectoral Groups for smooth roll-out of GST

CBEC releases Transition Rules approved by GST Council [Read Transition Rules]

Rental Income not to attract GST

In a major relief to individual investors and home owners, Goods and Services Tax (GST) will not be levied on rental income. Until the last month, there were speculations of income from renting out a...

Gold to attract 3% GST: GST Council approves Rates of Textile, Footware etc.

The 15th Meeting of the GST Council held at New Delhi yesterday fixed the rates of gold, apparels, footware, biscuits etc. The GST Council, chaired by Finance Minister Arun Jaitley and comprising...

GST Roll Out on July: Council approves Rules

The Fifteenth Meeting of the GST Council held at New Delhi cleared the pending rules, including transition provisions and returns. In the meeting chaired by Finance Minister Jaitley, all the states...

15th Meeting of the GST Council to be held tomorrow

Approval of amendments to the draft GST Rules and related forms and Finalisation of the rates of tax and cess on the remaining commodities are on the Agenda among others for tomorrow’s meeting. ...

All You Need to Know about the Applicability of Reverse Charge Mechanism under GST

The Indian economy is all set to welcome the new indirect tax law, the Goods and Services Tax (GST) from July 1, 2017. The GST Council, the highest body, last week, has paved way to the rollout of...

Society Maintenance Bills over Rs. 5,000 will attract 18% GST

As per the latest Service Tax structure approved by the GST Council 14th meeting, the co-operative housing societies shall collect 18% from a society member for Service Maintenance Bills exceeding Rs....

Lower Tax Incidence on Entertainment Services under GST

Service providers shall be eligible for full Input Tax Credits (ITC) of GST paid in respect of inputs and input services. Taxes on entertainments and amusements (covered by the erstwhile entry 62...

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