A ministerial panel headed by Gujarat deputy chief minister Nitin Patel will look into the possibility of rationalisation of GST rate for the real sector besides formulating a composition scheme — a ...

At the 31st meeting of the Goods and Services Tax (GST) Council held in December, it was decided to refer the matter of taxation of residential property to the Law and Fitment Committee. Ever since ...

GST composition Scheme: This pricing is determined by the restaurant's location. For example, restaurants located within hotels where the room fee exceeds the specified amount would be subject to a ...

The option to pay Goods and Services Tax (GST) at reduced rate of 6% would be effective from the beginning of the financial year or from the date of obtaining new registration during the financial ...

The GST Council, which held its 23rd meeting in Guwahati on Friday reduced the tax rate on 178 items from 28 per cent to 18 per cent. GSTCouncil also brought all AC and non-AC restaurants in the 5 per ...

Traders and suppliers are studying new tax implications of GST (Representational image) GST has finally become a reality. For seamless migration to GST, the Central Board of Excise and Customs has ...

The Finance Ministry today placed 8 set of rules in public domain, which will be applicable once the Goods and Services Tax (GST) is implemented from July 1. The government has sought comments from ...

The government has sought comments from industry on the 4 set of new rules on -- GST Composition, GST Valuation, GST Transition and GST ITC. These rules had received the "tentative" approval at the ...