GST News


GST council constitutes 18 sectoral groups for smooth roll out of GST

 10 June 2017 at 13:17

As decided in the 14th Meeting of the GST Council held on 18th-19th May, 2017 in Srinagar, J&K, 18 Sectoral Groups have been constituted representing various sectors of the economy in order to ensure smooth roll-out of GST. These 18 Sectoral Grou

Posted in GST |   3291 Views


Daily Consumer goods to become cheaper after GST

 09 June 2017 at 11:22

Daily Consumer goods being used by the common man among others to become cheaper after GST. Implementation of Goods and Services Tax (GST) on the following items will have zero rate after the GST Law comes into force on 1st July, 2017. As a result of

Posted in GST |   2 comments |   5394 Views


FM asks MPs and MLAs to equip themselves with finer points in GST

 08 June 2017 at 17:29

The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley thanks all the political parties for their cooperation and contribution in making it possible to launch GST with effect from 1st July, 2017; Asks the Members of Parliamen

Posted in GST |   2865 Views


Various Cesses abolished in last 3 years for roll out of GST

 08 June 2017 at 11:15

The Central Government abolished various Cesses in the last three years for smooth roll-out of GSTThe Central Government in the last three General Budgets viz 2015-16, 2016-17 and 2017-18 has gradually abolished various cesses on goods and services i

Posted in GST |   2 comments |   5469 Views


Ministries to setup and activate a GST Facilitation Cell

 07 June 2017 at 11:02

Cabinet Secretary asks the different Ministries/Departments and Public Sector Undertakings (PSUs) under these Ministries to set-up and activate a GST Facilitation Cell to provide all possible support to the business and industry sector for the smooth

Posted in GST |   5715 Views


PM reviews progress towards beginning of GST on July 1

 06 June 2017 at 11:16

The Prime Minister, Shri Narendra Modi, reviewed the status of GST, which is to be implemented from July 1. The meeting, which lasted for over two and a half hours, was attended by Finance Minister Arun Jaitley, and top-most officials from the Minist

Posted in GST |   2 comments |   3642 Views


Seven States yet to pass the SGST Act

 06 June 2017 at 11:16

24 States pass the State GST (SGST) Act While 7 States viz. Meghalaya, Punjab, Tamil Nadu, Kerala, Karnataka, Jammu & Kashmir and West Bengal have yet to pass the SGST Act. Twenty Four (24) States have passed the State GST (SGST) Act till today i

Posted in GST |   10 comments |   30888 Views


GST rate for goods decided on 3rd June meeting

 05 June 2017 at 11:21

GST rate for goods decided on 3rd June meeting PFA the file to know in details

Posted in GST |   7212 Views


Addendum to the GST Rate Schedule

 05 June 2017 at 11:21

ADDENDUM TO THE GST RATE SCHEDULE FOR GOODS[As per discussions in the GST Council Meeting held on 3rd June, 2017]The following amendments / additions are required to be made to the aforesaid document:1. In Chapter 15, in the 18% rate column, the part

Posted in GST |   1 comments |   6585 Views


IGST Exemptions/Concessions under GST

 05 June 2017 at 11:21

IGST Exemptions/Concessions under GST[As per discussions in the GST Council Meeting held on 18th/19th May, 2017

Posted in GST |   4965 Views



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