Monthly Archives: November, 2016

Edible oil is in the essential commodity category, which attracts the lowest GST rate of 5% The tax slab for the edible oil sector under...

At present, apart from the 14% service tax, Krishi Kalyan cess & Swachh Bharat cess are also applicable, taking the total service tax applicable...

Jaitley, state FMs to meet on Nov 20 for political solution A day after reaching a consensus on tax rates, the GST Council on Friday...

"There will be an informal meeting of the ministers on November 20, primarily aimed at hammering out political consensus. The GST Council, headed by...

"The new GST or Goods and Services Tax will range from 5 to 28 per cent in a four-bracket structure, Finance Minister Arun Jaitley...

A top government official has advocated continuation of differential rate of duty and incentives when the Goods and Services Tax (GST) is implemented, highlighting...

The Centre and states may agree on an 18 percent service tax rate under goods and services tax (GST), a move that could turn...