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Maximum retail price of goods must include the GST component, a high-level panel of state finance ministers has recommended. (Photo: Pixabay)

MRP of packaged goods must include GST, suggests GoM

Businesses while uploading the invoice to the government in filing returns and paying taxes can separately show the GST...

30 Oct 2017 10:32 AM

There has been a rising trend of families eating out on Bhai Phonta and Durga Puja instead of gorging on home-cooked food, Indraneel Choudhury, executive chef of Koshe Kasha restaurant, said. (Photo:

GoM for 12 per cent GST on AC eateries, composition scheme tax cut

It also suggested that hotels which has room tariff of more than Rs 7,500 should attract 18 per cent tax rate.

29 Oct 2017 12:51 PM

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Businesses under composition scheme to soon start filing GST returns

Around 15 lakh businesses opted for composition scheme, which allows them to pay taxes at a concessional rate.

29 Oct 2017 8:04 AM

Businesses availing trasnitional credit can file GST returns till August 28. Photo: Twitter| @GSTN_IT

GSTN officials to call taxpayers for feedback on portal

GSTN Chairman Ajay Bhushan Pandey said about 500 calls a day are made from a full fledged call centre.

29 Oct 2017 7:13 AM

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

Businesses can now claim GST transition credit till Nov 30

TRAN-1 is to be filed by those businesses that are keen to claim credit for taxes paid before the launch of GST on July...

26 Oct 2017 3:27 PM

Petroleum Minister Dharmenda Pradhan on Wednesday defended the daily price revision mechanism calling it rational and transparent.

Building consensus among states over bringing petrol under GST:...

Currently, there is a wide disparity in the price of petroleum products due to different taxes in the states.

25 Oct 2017 4:10 AM

Healthcare services such as dialysis, pacemaker implantation, support devices in orthopaedics and cancer treatment could be costlier under GST.

GSTN to launch app, online portal for exporters to claim Aug, Sept...

Exporters can start to claim refunds for IGST paid in August and September from this week.

24 Oct 2017 7:57 AM

The Indian wedding industry is about Rs1 trillion and is growing at 25 to 30% annually.

Weddings set to pinch due to GST: Assocham

All services have become dearer in the new tax regime.

23 Oct 2017 8:27 PM

The upcoming wedding season starting in November may be impacted by 10 to 15 per cent owing to demonetisation and GST. (Photo: Pixabay)

GST, demonetisation may impact Indian wedding market: ASSOCHAM

It is also being estimated that cost of many services like shopping, tent booking, food services, etc, will be higher...

23 Oct 2017 12:42 PM

Diwali is considered to be a festival of lights, but for decades Indians have associated firecrackers with the festival as well.

Indians likely to spend less this Diwali due to GST, note ban...

The survey titled 'Pulse of the Nation Diwali Poll' was conducted online on October 14.

17 Oct 2017 3:48 PM

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Vodafone partners with HP, KPMG for GST solutions in India

The solution includes HP hardware, GST invoicing software by KPMG, cloud storage for storing invoice data, among other...

17 Oct 2017 9:04 AM

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

Group of ministers meet today to discuss GST composition scheme

The 5-member GoM, under Assam Finance Minister Himanta Biswa Sarma, has also been tasked to revisit GST rates for...

15 Oct 2017 11:50 AM