Tag: gst Council
GST NEWS
Budget 2019: GST on electric vehicles reduced to 5 per cent, buyers to get Rs 1.5 lakh tax benefit
Finance Minister Nirmala Sitharaman announced while presenting the Union Budget 2019, that there will be an additional tax benefit of Rs 1.5 lakh on...
GST NEWS
Budget 2019: Luxury Carmakers Demand Reduction In GST Rates
Luxury carmakers have been demanding to reduce the GST rates on vehicles ever since the GST council had increased the cess to 25 per...
GST NEWS
Government issues warning against fake GST invoices
The government has warned businesses against generating fake invoices to evade GST saying that tax officers will take strict action in such cases.
On the...
GST NEWS
Industry pitches for 2 GST rates, ease of filing process
Goa’s industry bodies called for further structural changes in the GST regime, especially the convergence of several tax slabs into just two tax rates...
GST NEWS
GST rates distortionary, procedures complicated: Bengal FM Amit Mitra
In a letter to Finance Minister Nirmala SithaÂraman, West Bengal Finance Minister Amit Mitra attributed sluggish GST collections to distortions in the GST rate structure and complexities in procedures.  Mitra...
GST NEWS
Inter-state office services to come under GST net
Government is set to make it clear that services provided by an office of an organisation in one state to another office in another...
GST NEWS
E-invoicing: Will government’s response to GST frauds be effective?
An electronic invoice can do away with the need for both separate returns filed against sale of goods and e-way bills issued for transport...
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