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Six Significant decisions taken in the last six Meetings of the GST Council

GST Council Members are participating in the meetings with a very positive attitude and are working towards the roll-out of GST as per the deadline,...

Finance Ministry releases revised Draft of GST Law

GST Council Meeting rescheduled on 2nd-3rd December, 2016

Govt organizes a Seminar to familiarize the Senior Officers of different Depts with important...

GST Council introduces 4-Tier Tax Structure- Minimum rate 5%; Maximum 28%

GST Constitution Amendment Act empowers the Central & State Govts to levy Taxes only till 16th Sept, 2017, says FM Arun Jaitley

Government is working on a target date of 1st April, 2017 for the roll out of the Goods and Service Tax (GST) in the country. The Union Finance Minister Shri Arun Jaitley said that the Government...

CBEC publishes GST Draft Rules, invites Comments by Wednesday [Read the Full Text]

The Central Board of Excise and Customs (CBEC) has published three GST draft rules and formats relating to registration, invoice and payments. The Board invites comments on draft rules from the...

Business having Annual Turnover of 20 lakhs are out of the Tax net: GST Council sets the Threshold limit

After the first meeting, the Goods and Services Tax Council has fixed the threshold limit of 20 lakhs in case of businesses all over India. However, the business in north-east region will get...

Cabinet approves creation of GST Council and its Secretariat [Read Notification]

First Meeting of the GST Council to be held on 22nd and 23rd September, 2016 in national Capital. The Constitution (One Hundred and Twenty-second Amendment) Bill, 2016, for introduction of Goods...