GST News

Revenue secretary busts seven myths on GST

03 July 2017 at 11:46

The Revenue Secretary, Government of India, Dr. Hasmukh Adhia busts seven misconceptions about newly implemented law relating to Goods and Services Tax (GST). The Revenue Secretary, Government of India, Dr. Hasmukh Adhia through a series of tweets fr

Posted in GST | 1 comments | 4782 Views

GSTN unveils excel template for easy data entry offline

03 July 2017 at 11:45

GSTN unveils excel template for to help taxpayers perform easy data entry offline before uploading on the GST portal; Excel template together with an offline tool will make uploading large numbers of invoices much easier and quick; Offline Tool to be

Posted in GST | 4 comments | 10407 Views

Intimation of composition scheme option to be submitted in prescribed form on GSTN

03 July 2017 at 11:03

Rules related to Registration and Composition Scheme have been notified on 19th June, 2017& came into effect from 22nd June, 2017 in order to start the process of issue of Registration Certificate, called Goods and Services Tax Identification Num

Posted in GST | 1 comments | 4245 Views

Special Webpage on Goods and Services Tax (GST) on PIB Website

03 July 2017 at 11:02

A special webpage on the Goods and Services Tax (GST) on PIB Website was launched today by Principal Director General, Press Information Bureau, Shri A P Frank Noronha. The webpage can be accessed on http://pib.nic.in/gstGoods and Services Tax (GST),

Posted in GST | 3927 Views

Exemptions granted from the levy of GST in respect of Passengers travelling in Second class, Metro, Sleeper Class

03 July 2017 at 11:02

Ministry of Railways is fully geared for the roll out of GST w.e.f. 1st July, 2017. Exemptions granted from the levy of GST in respect of Passengers travelling in Second class, Metro, Sleeper Class.Exemption from levy of GST granted in respect of Tr

Posted in GST | 2754 Views

Tax rate on fertilizers reduced to 5% from 12% under GST

01 July 2017 at 11:30

Decision to reduce Tax Rate on Fertilizers from existing 12% to 5 % under GST taken in the interests of the Farmers Under GST regime, a uniform MRP of Rs. 295.47 per 50 kg bag to be fixed across the country GST regime to deter inter-state smuggling o

Posted in GST | 1 comments | 5502 Views

Prime minister address at the launch of GST

01 July 2017 at 11:21

Honourable President, Respected Vice President, Madam Speaker of Lok Sabha, our Former Prime Minister Shri Devegowdaji, Members of the Council of Ministers, all the other members of the House, and the esteemed conglomerate gathered here representing

Posted in GST | 1 comments | 3675 Views

Minute details of How GST happened

01 July 2017 at 10:47

GST roll-out � Complete transformation of the Indirect Taxation Landscape; Some minute details of how it happened Goods and Services Tax (GST), a historic tax reform, will come into effect from tomorrow i.e.1st July, 2017. GST will completely

Posted in GST | 4089 Views

India ushers in GST amid historic midnight session of Parliament

01 July 2017 at 10:33

The Goods and Services Tax came into force at midnight, amid a historic midnight session in the Central Hall of Parliament. President Pranab Mukherjee, Prime Minister Narendra Modi, and Finance Minister Arun Jaitley addressed the gathering, before th

Posted in GST | 1 comments | 1968 Views

President speech on the launch of GST

01 July 2017 at 10:33

1. In a few minutes from now, we will witness the launch of the Goods and Services Tax (GST), a unified tax system, in the country. This historic moment is the culmination of a fourteen-year long journey which began in December 2002, when the Kelkar

Posted in GST | 2730 Views