GST was framed according to the existing VAT or excise tax structures exercised in those respective states.
18 Dec 2018 1:43 PM
Presently, there are four GST slabs of 5, 12, 18 and 28 per cent, plus the exempted category which attracts 0 per cent GST.
04 Aug 2018 4:13 PM
On Friday, the GST Council raised the composition scheme threshold for businesses to Rs. 1 crore.
09 Oct 2017 5:00 PM
ATM industry body will be urging GST Council, revenue secretary and finance ministry to revise the rate on ATMs.
03 Jul 2017 11:57 AM
The historic indirect tax reform will change everything, from eating out to travelling, from education to telecommunication.
01 Jul 2017 12:23 PM
The bandh was successful in Rajasthan against the Centre's decision to levy 5 per cent GST on textile.
27 Jun 2017 8:19 PM
Top tourism and hospitality chains, including some foreign names remain positive and upbeat about the biggest tax reform in the country.
20 Jun 2017 3:54 PM
The Council's decision came in the wake of the industry's push for deferment of the tax implementation.
18 Jun 2017 7:15 PM
The GST Council today, however refused to make any more revisions on GST rates.
18 Jun 2017 6:23 PM
Textile industry requested the GST Council to reconsider this on an urgent basis and bring it under the 5 per cent slab.
12 Jun 2017 8:09 PM
The apex body of the hotels and restaurants sector has requested the government to re-look at the present rates fixed.
01 Jun 2017 8:29 PM