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Tag "Goods and Service Tax Council"

GST Council sets up GoM on capacity based taxation, special composition schemes

GST Council sets up GoM on capacity based taxation, special composition schemes

🕔19:13, 26.May 2021

New Delhi, May 26  The Goods and Service Tax Council has constituted a group of ministers (GoM) to examine the possibility of levy of GST based on capacity of manufacturing units and special composition schemes in certain evasion prone sectors

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’24 states/UT have passed State GST Acts’

’24 states/UT have passed State GST Acts’

🕔22:06, 5.Jun 2017

New Delhi, June 5 (IANS) Twenty-four states and union territories in the country have so far passed their respective State GST (SGST) Acts while seven others are yet to pass them, the government said on Monday. The states and union

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Services to have 4-slab GST rates, no decision on gold

Services to have 4-slab GST rates, no decision on gold

🕔23:36, 19.May 2017

Srinagar, May 19 (IANS) In a move expected to bring prices down from the current levels, the Goods and Services Tax (GST) Council on Friday decided on a four-slab tax rate for services along with the novel concept of input

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Goods and Service Tax Council’s first meet begins on Thursday

Goods and Service Tax Council’s first meet begins on Thursday

🕔10:30, 22.Sep 2016

New Delhi, Sep 22  The first meeting of the newly-constituted Goods and Services Tax Council, with Finance Minister Arun Jaitley as chairman, is scheduled for two days from Thursday amid high expectations that the country will see a new indirect

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