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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,...

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

GST Roll Out on July: Council approves Rules

15th Meeting of the GST Council to be held tomorrow

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

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...

GST: An Overview of Tax Rates fixed for Goods [Read the Complete Chart]

No Tax on Food Grains, Milk and other articles of Daily use; Rate on Gold, Textiles Not Fixed. The 14th GST Council meeting on Thursday, held at Srinagar decided a Four Slab rate for goods. GST...

GST Rates Out: Govt Introduces Four Slab Rate for Service Tax

The GST Council today fixed the rate of tax for goods and services under the new indirect tax regime. With regard to the GST on services, the council broadly agreed on 4 tax brackets having 5%, 12%,...

GST Council finalizes Tax Rates, Okays Nine Draft Rules [Read the Complete List]

Moving a step closer to the rolling out of the Goods and Services Tax (GST), the apex body, the GST Council today signed off on all rules relating to GST. As the Government is all set to implement...

CBEC Temporarily closes GSTN Enrolment

As the new indirect tax law, the Goods and Services Tax (GST) is all set to roll out on July 1st, the government shut down the GSTN enrollment of tax payers for technical reasons. However, the...

Haryana Assembly passes State GST Bill: Eight States’ Assemblies passed the Bill so far

The Haryana State Assembly today unanimously passed State Goods and Service Taxes Bill 2017. The Haryana assembly passed the State GST Bill at a special session convened yesterday. Eight States have...

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