Page 4 - Gst Rates

Govt monitoring essential commodities' price variations post GST: CBEC

Consumer Affairs Ministry is giving us the daily price, price variations in common commodities: Govt

Rationalisation of rates under GST possible, hints FM Arun Jaitley

Jaitley also conceded that he was under pressure to change the GST Network

GST: Are hotels, eateries overcharging you? How to get the math right

Food served at restaurants attract tax at two rates under GST - 12 per cent and 18 per cent

Segments in textile industry on strike against GST rates

Stakeholders from the textile industry in this state are in a three-day strike against the decision to impose the new goods and srvices tax (GST) at rates between five and 18 per cent on sectoral products.Members of the Tamil Nadu Power Loom Federation are in strike in Salem, Karur and Namakkal districts against GST and seeking to exempt the industry from the tax. Around 150,000 power loom units are participating. Owners say they pay tax for the yarn and again paying tax for the finished products is not justified. And, being small scale, the GST taxation procedure is too complicated.S. Surendhar, secretary, Karur Weaving and Knitting Factory Owners' Association, was quoted as saying around a million powerlooms in the state were closed in protest against the GST rates on multiple production processes. The GST taxes would badly hit the textile industry, he said, second largest employer after agriculture.The strike is being held to put pressure to exempt power loom fabric other than in ..

GST rate on gold, textile, beedi to be fixed at Council meeting on June 3

Meeting, which is likely to be attended by many state finance ministers, will be chaired by Jaitley

GST rates: Centre, states' taxmen to devise formula this week

The task is to keep the impact of GST on inflation and prices near neutral or zero