The GST collections in June month has crossed in at Rs 95,610 crore, finance secretary Hasmukh Adhia said while commemorating one year milestone of the GST which is also known as indirect tax which was introduced last year on July 1 2017.
On 1 July 2017 in India, One Nation One Tax (GST) was introduced. special talks with GSTN chairman Ajay Bhushan Pandey on the occasion of GST’s first anniversary.
Senior member of GST Council Sushil Kumar Modi says inclusion of petroleum products in the GST and Reducing number of GST Slab Rate may possible after revenue flow stabilises. In an exclusive interview with Sanjay Jog, Modi, who is also Bihar’s deputy chief minister, share his views on the GST System.
” 28% GST Tax rate bracket has reduced hugely and it’s just about 50 items” says Vanaja N Sarna, CBIC chairman
Less than 30 percent of cases followed by refund fortnight. Lucknow:- The officials do not feel like giving refunds to the State Headquarters Goods Service Tax (GST). Less than 30 percent of the cases were settled even after the refund in GST organized by the central government.
28th GST Council Meeting Date announced on 19/07/2018. The major points will cover in next meeting are bellow
It is being said from long time by government to bring gasoline and diesel under GST. It is being said that if petrol and diesel comes under GST, then it can get great relief to the common people.
Clarification for composition scheme and returns filing, changes in the enabling provisions for RCM and refunds of CESS on goods to be exported are part of about 35 amendments being finalised in GST related laws.