GST News

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

Guidance Note for Importers and Exporters on GST

30 June 2017 at 10:30

Indian Customs gears up for GST roll-outGuidance Note for Importers and ExportersI. Introduction:The purpose of this guidance note is to bring clarity about the impact of GST,which would come into force with effect from 01.07.2017, for importers and

Posted in GST | 1 comments | 9108 Views

FM asks industry to pass on benefit of GST to Consumers

30 June 2017 at 10:30

Finance Minister holds Meeting with the representatives of trade and industry; Ask them to pass on the benefit of GST to consumers The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley asked the representatives of Trade and

Posted in GST | 1 comments | 3204 Views

FM urges CM of J&K to implement GST in the state

27 June 2017 at 11:31

Union Finance Minister writes a letter to the Chief Minister of Jammu & Kashmir. Shri Jaitley urges CM Membooba Mufti Sayeed to implement GST in the State. The Union Finance Minister Sh. Arun Jaitley today has written a letter to the Chief Minist

Posted in GST | 3723 Views

Provision relating to TDS and TCS in GST postponed to help Ecom companies

27 June 2017 at 11:30

With the objective of ensuring smooth rollout of GST and taking into account the feedback received from the trade and industry regarding the provisions of deduction of tax at Source under Section 51 of the CGST / SGST Act 2017 and collection of tax a

Posted in GST | 2 comments | 10977 Views

All States and UTs except J&K approves the State GST Act

22 June 2017 at 10:55

All States/UTs except the State of Jammu & Kashmir, approves the State GST Act and are ready for the smooth roll-out of GST with effect from 1st July, 2017. As of today, all the States and Union Territories (having assemblies), except the State o

Posted in GST | 4 comments | 15294 Views

Cabinet Secretary reviews preparedness for smooth roll out of GST from 1st July

21 June 2017 at 11:11

Cabinet Secretary reviews preparedness for smooth roll-out of GST with effect from 1st July, 2017; Asks Secretaries of different Departments and CMDs of CPSUs to take full responsibility of their respective stake-holders and ensure the successful imp

Posted in GST | 6993 Views

Final various GST rules and formats released

20 June 2017 at 16:36

Final various GST rules and formats released PFA the file for details

Posted in GST | 3 comments | 21213 Views

Meeting on GST rollout in Northeast

20 June 2017 at 11:11

MoS Dr Jitendra Singh chairs a meeting on GST rollout in Northeast The Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra

Posted in GST | 3228 Views

GST Council decisions on Composition Levy & GST rate on certain goods

19 June 2017 at 10:56

RECOMMENDATIONS REGARDING THE COMPOSITION LEVY AND GSTRATE ON CERTAIN GOODS[As per discussions in the 17th GST Council Meeting held on 18th June, 2017]I. The Turnover Limit for the Composition Levy:1. The GST Council, in its meeting held on 11th June

Posted in GST | 8250 Views