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The police has recovered 41 cars worth Rs 4 crore. (Photo: Deepak Kurkunde)

Cabinet clears Ordinance to allow hike in GST cess on cars

Highest pre-GST tax incidence on motor vehicles worked out to about 52-54.72 per cent, to which 2.5 per cent.

30 Aug 2017 1:33 PM IST

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

Cabinet may this week consider hike in GST cess on cars

Small petrol cars of less than 4 meters and 1,200 cc attract a cess of 1 per cent.

27 Aug 2017 2:32 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

GST Council to decide on anti-profiteering mechanism on August 5:...

Jaitley said it would be mandatory for manufacturers to pass on GST benefits to consumers.

2 Aug 2017 10:01 AM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

GST on textile jobs reduced from 18 per cent to 5 per cent

The textile sector has seen massive protests against the GST in many states, including Gujarat.

6 Aug 2017 6:53 AM IST

Finance Minister Arun Jaitley (Photo: PTI)

Guidance notes on GST will be released soon: Jaitley

Finance Minister says GST Council has received reports from sixteen out of eighteen sectoral groups.

5 Aug 2017 10:54 AM IST

Finance Minister Arun Jaitley

GST Council may finalise e-way bill rules on Saturday

Removal of checkposts by 25 out of 29 states has already smoothened movement of goods, says CBEC.

4 Aug 2017 3:12 PM IST

CBI recovered Rs 3.5 crore cash and 4 kg gold from IT official Tapas Kumar Duttas residence (Representational Image)

CBI arrests GST Council superintendent in graft case

During searches, the CBI recovered Rs 7 lakh in cash from the premises of Monish Malhotra.

3 Aug 2017 8:04 PM IST

A landmark Australian law on restricting tobacco use has been upheld at the World Trade Organisation.

Farmers seek rollback of additional levy on cigarettes

GST Council in July raised cess on cigarettes to take away an estimated Rs 5,000 cr annual benefits.

3 Aug 2017 2:24 PM IST

The policy aims to achieve USD 300 billion (over Rs 20 lakh crore) worth of textile exports by 2024-25 and create an additional 35 million jobs.

Textile industry cheers lowering of GST rate on job work

Five per cent GST rate on job works would enable the industry to claim full input credit.

7 Aug 2017 7:21 PM IST

The decision came after a meeting of representatives of Indian Revenue Service (Customs and Central Excise), All India Association of Central Excise Gazetted Executive Officers, All India Central Excise Inspectors Association and All India

GST: Taxmen to start non-cooperation movement

The officials associations are opposing the recent decision taken by GST council

25 Jan 2017 5:31 PM IST

Finance Minister Arun Jaitley

GDP may slow down if GST implemented in hurry: Central revenue body

The body threatened to take legal recourse in case their concerns are not addressed.

22 Jan 2017 3:22 PM IST

The Council had in May fixed 28% as the top rate for cigarettes. A 5% ad valorem cess was levied on top of it and Rs 1,591 per thousand sticks as fixed cess on both filter and non-filter cigarettes of not exceeding 65 mm.

Cigarette set to be dearer after GST Council review

The cess varied from Rs 2,126 to Rs 4,170 for cigarettes of different lengths. But this rate was lower than the pre-GST...

18 July 2017 1:45 AM IST