Business Standard

Page 13 - Gst Council

Fixing the GST

Fundamental improvements to the flawed structure needed

Fixing the GST
Updated On : 08 Dec 2019 | 11:31 PM IST

Automobile slowdown has shrunk GST compensation kitty, says Sushil Modi

The fund is used to compensate the states for revenue shortfall suffered due to roll out of the new indirect tax

Automobile slowdown has shrunk GST compensation kitty, says Sushil Modi
Updated On : 06 Dec 2019 | 11:39 PM IST

GST Council to review revenue position, compensation cess on Dec 18

The last time GDP grew at a slower pace was in the fourth quarter of 2012-13, when it had expanded only 4.3 per cent

GST Council to review revenue position, compensation cess on Dec 18
Updated On : 04 Dec 2019 | 7:17 PM IST

GST Council to review revenue position amid demand for pending compensation

The compensation requirements have increased significantly and are unlikely to be met from the compensation cess being collected, it said

GST Council to review revenue position amid demand for pending compensation
Updated On : 03 Dec 2019 | 8:08 PM IST

Centre planning to come up with lottery scheme for GST paying customers

Once the consensus at officers level is reached then it will be put before GST Council meeting

Centre planning to come up with lottery scheme for GST paying customers
Updated On : 26 Nov 2019 | 8:34 PM IST

Gas and ATF likely to be brought under GST soon, says govt source

Experts said that the ATF price would come down if it is kept in the 18% GST bracket

Gas and ATF likely to be brought under GST soon, says govt source
Updated On : 29 Oct 2019 | 5:57 PM IST

Gujarat HC serves notices on govt, GST council for breach of refund norms

Under the Rule 92 of the Central GST (CGST) Act, the claim of the refund has to be made in the RFD 04 form. Thereafter, the officer concerned can accept or reject the claim after his investigations

Gujarat HC serves notices on govt, GST council for breach of refund norms
Updated On : 28 Oct 2019 | 12:02 AM IST
Updated On : 14 Oct 2019 | 10:10 PM IST

Pragmatic tax collection can cut fiscal deficit

Time has come to monitor empirically the buoyancy and elasticity of the tax system

Pragmatic tax collection can cut fiscal deficit
Updated On : 04 Oct 2019 | 1:18 AM IST

GST Council does some corrections

The GST Council has shown willingness to listen and make necessary course corrections

GST Council does some corrections
Updated On : 30 Sep 2019 | 1:24 AM IST

Double tax relief expands room for growth of hotel firms; stocks rise

While lower GST would push occupancy and thereby aid room rates, lower corporate tax rate should add to earnings

Double tax relief expands room for growth of hotel firms; stocks rise
Updated On : 24 Sep 2019 | 2:57 AM IST

GST council meet: Hotel owners and operators cheer tax reduction

Removal of compensation cess on all manufacturers of aerated drinks brought some breather for beverage majors

GST council meet: Hotel owners and operators cheer tax reduction
Updated On : 21 Sep 2019 | 11:43 AM IST

US corporate sector hails India's move to cut income tax rate for companies

This is a welcome step to reverse the economic slowdown

US corporate sector hails India's move to cut income tax rate for companies
Updated On : 21 Sep 2019 | 8:24 AM IST

Serious revenue issues to arise for states after FY22: Bengal FM Amit Mitra

States' developmental expenditure has gone up from 40 per cent to 60 per cent. There is a huge burden on states

Serious revenue issues to arise for states after FY22: Bengal FM Amit Mitra
Updated On : 21 Sep 2019 | 2:26 AM IST

GST Council meet: In-principle decision to link Aadhaar with registration

The council also decided to a withdraw a circular issued in June which prescribed that the additional discount given by a company to a dealer in certain cases will be liable for Goods and Services Tax

GST Council meet: In-principle decision to link Aadhaar with registration
Updated On : 21 Sep 2019 | 2:03 AM IST

Highlights: GST Council announces steps to help tourism, trade

GST council meeting Live updates: All eyes are on GST council's meeting in Goa after the government announced slashing corporate taxes.

Highlights: GST Council announces steps to help tourism, trade
Updated On : 20 Sep 2019 | 11:57 PM IST

Top events today: GST Council meet, Vivo V17 Pro launch, and more

From GST Council meet to Vivo V17 Pro launch in India, here are some of the most important news events scheduled for today

Top events today: GST Council meet, Vivo V17 Pro launch, and more
Updated On : 20 Sep 2019 | 7:48 AM IST

Fitment panel rejects demands of GST rate cut for auto, biscuit industry

The Committee also rejected the telecom ministry's proposal to reduce GST rate for telecom services from the present 18 per cent to 12 per cent, sources said

Fitment panel rejects demands of GST rate cut for auto, biscuit industry
Updated On : 18 Sep 2019 | 7:19 PM IST

GST Council meeting likely to witness a heated debate over lottery rates

Centre will push for single rate; Kerala wants to retain current dual structure

GST Council meeting likely to witness a heated debate over lottery rates
Updated On : 18 Sep 2019 | 1:45 AM IST

From cars to biscuits, GST Council to decide on rate cuts in Friday meeting

There have been demands pouring in from various sectors from biscuits to automobiles and FMCG to hotels to reduce tax rates in the wake of perceived economic slowdown

From cars to biscuits, GST Council to decide on rate cuts in Friday meeting
Updated On : 13 Sep 2019 | 9:06 PM IST