Tag: GST Rate
GST NEWS
Can’t cut GST rates once revenue targets fixed, says revenue secretary Ajay Bhushan Pandey
Hadn’t there been several rounds of rate cuts after its launch, the annual growth in GST collections would have already been a robust 19%,...
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
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
Restaurant body seeks dual GST rate for food service industry
FOOD PANGS: NRAI wants the government to clearly define food aggregator platforms like Zomato, Swiggy in e-commerce policy
A dual goods and services tax (GST)...
GST NEWS
National Restaurant Association Of India Asks For Dual GST Structure, Says Denial Of Input Tax Credit Severely Impacting Industry
National Restaurant Association Of India (NRAI), the main restaurant industry body has written to the government, demanding that restaurants be given the option to choose a higher...
GST NEWS
Companies pitch for GST rate cut as Modi govt takes charge second time
Durable, automobile and real estate players have been lobbying hard for a tax cut, saying it will boost demand
Companies across sectors such as durables,...
GST NEWS
Builders opting for old GST rate face problems with buyers insisting on paying only 5 pc tax
New Delhi, May 22 () Builders are facing a piquant situation with homebuyers insisting that they will pay only the new rate of 5 per...
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