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Tag: GST Rate

COVID-19 impact on economy and GST

COVID-19 has led to a health crisis as WHO has declared that it has claimed over 5,000 lives across the world and infected over...

Mobile phones to cost more as GST rate hiked to 18%

The 39th GST Council meeting took decision regarding revision of GST rates. The GST rate on Mobile phones has been raised, specified parts to...

Parliamentary panel calls for lower GST rates for troubled auto sector

It has been suggested by parliamentary panel to lower GST rate for the automobile segment at least till the industry revives and uniform road tax across...

Textile industry demands level playing field with Asean

One of India’s biggest textile body, Northern India Textile Mills’ Association (Nitma) held a meeting with Ravi Capoor secretary textiles, Government of India, to...

CBI books GST Asst Commissioner Deepak Pandit for undeclared income

CBI has recently booked Deepak Pandit, an Assistant Commissioner of GST and Central Excise against corruption charges for amassing assets worth over Rs 3.96 crore which...

Notification No. 07/2020– Central Tax

“Amendment was made in the Notification No. 07/2020 –Central Tax, dated the 03rd February, 2020. “Provided also that the return in FORM GSTR-3B of the...

TVS Chief Venu Srinivasan wants 10% GST rate cut on hybrids as automaker launches iQube electric

TVS Motor Company has entered into electric motor vehicle sector with the launch of scooter iQube Electric. he scooter can travel up to 75...

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