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Tag: GST Rate

Covid, ‘high’ GST rate force Toyota to go slow on hybrids

The Toyota Kirloskar Motor has postponed the launch of hybrid version of some of its models due to COVID and high GST rate. TheToyota...

Karnataka Congress wants GST rates cut on consumer items to boost demand

Karnataka Pradesh Congress Committee (KPCC) president DK Shivakumar had urged to the Finance Minister to consider reducing GST rate of consumer durables and other...

Gasping aviation industry gets lifeline

The aviation had received a relief gasping for survival in the Covid-19 era. The Finance Minister had announced to make India a hub for...

Effects of 101st Constitutional Amendment Act, 2016

Constitution (One Hundred and Fifteenth Amendment) Bill as passed by Parliament on 8 September, 2016, became “the Constitution (One Hundred and First Amendment) Act,...

Coronavirus lockdown: GST collections may see a sharp drop in March and April

Due to pandemic, closure of major offices across states is going to affect GST sales in March and April. The taxpayers are already asking...

Notification No. 01/2020– IGST Tax (Rate)

“Amendment was made in the Notification No. 01/2020 –Central Tax (Rate), dated the 21st February, 2020. In exercise of the powers conferred by sub-section (1)...

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