Business Standard

Page 7 - Gst Council Meeting

Few more items to come down to 18% in next meeting: Himanta Biswa Sarma

For small traders, composition limit has been hiked: Sarma

Few more items to come down to 18% in next meeting: Himanta Biswa Sarma
Updated On : 12 Nov 2017 | 1:31 AM IST
Updated On : 11 Nov 2017 | 3:22 AM IST

Cement manufacturers upset with GST Council meet over 28% slab retention

GST Council has retained cement along with paints in the 28% tax bracket

Cement manufacturers upset with GST Council meet over 28% slab retention
Updated On : 10 Nov 2017 | 9:03 PM IST

Eating out set to be cheaper after biggest GST revamp: All you need to know

A uniform 5% tax was prescribed for all restaurants, both air-conditioned and non-AC

Eating out set to be cheaper after biggest GST revamp: All you need to know
Updated On : 10 Nov 2017 | 8:42 PM IST

After trimming 28% bracket, here are 5 things GST Council might do today

In the first half of the meeting in Guwahati, the Council decided to trim the 28% bracket to just 50 items, against 227 currently

After trimming 28% bracket, here are 5 things GST Council might do today
Updated On : 10 Nov 2017 | 4:21 PM IST

177 items to become cheaper as GST Council decides to trim 28% slab

Only 50 items, mostly demerit, sin and luxury goods, to remain in the highest tax bracket of 28%

177 items to become cheaper as GST Council decides to trim 28% slab
Updated On : 10 Nov 2017 | 2:28 PM IST

GST Council may cut rates today: Restaurants, traders keep fingers crossed

Council expected to cut rates on A/C restaurants from 18% to 12%, deal with the issue of benami properties.

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Updated On : 10 Nov 2017 | 9:42 AM IST

Bring petroleum, real estate, electricity under GST: Congress

The Council has an exhaustive agenda for the 23rd meeting; it includes bringing real estate under GST, among other things

Bring petroleum, real estate, electricity under GST: Congress
Updated On : 10 Nov 2017 | 4:08 AM IST

Digital push to tax cut, here's what to expect from GST Council's key meet

Most items in the highest tax slab of 28% could be moved to lower brackets with only 62 items likely to remain in the slab.

Digital push to tax cut, here's what to expect from GST Council's key meet
Updated On : 09 Nov 2017 | 2:36 PM IST

Only luxury and 'sin' items could be left in highest slab

12 and 18 per cent slabs could be merged in the future: FinMin official

Only luxury and 'sin' items could be left in highest slab
Updated On : 08 Nov 2017 | 1:07 AM IST

From business ranking to further rate revisions: More GST measures likely

GST Council to implement a ranking of businesses based on their tax payment track record from January

From business ranking to further rate revisions: More GST measures likely
Updated On : 09 Oct 2017 | 4:00 PM IST

GST troubles will surely be addressed in coming days, says MoS Finance

The GST Council on Friday raised the composition scheme threshold for businesses to Rs 1 crore

GST troubles will surely be addressed in coming days, says MoS Finance
Updated On : 07 Oct 2017 | 5:05 PM IST

GST Council decisions provide relief to SME sector: India Inc

Decision to bring down rate for AC restaurants to 12% and reduction of tax slabs for around 60 items to 5% from 12% will help boost household spending and further economic

GST Council decisions provide relief to SME sector: India Inc
Updated On : 06 Oct 2017 | 11:04 PM IST

Today's recommendations by GST Council will immensely help SMEs: PM Modi

The changes were made three months after rollout of the new indirect tax regime

Today's recommendations by GST Council will immensely help SMEs: PM Modi
Updated On : 06 Oct 2017 | 10:53 PM IST

Amid growth slowdown, GST relief for SMEs, exporters; rates on 27 items cut

SMEs complained of tedious compliance burden under GST that was supposed to be a simple indirect tax regime which replaced over a dozen Central and state taxes

Amid growth slowdown, GST relief for SMEs, exporters; rates on 27 items cut
Updated On : 06 Oct 2017 | 9:49 PM IST

Here's complete list of 27 items that got cheaper after today's GST meet

The panel decided to reduce tax rates for items including diesel engine parts, man-made yarn, ready-to-eat snacks, plastic and paper waste

Here's complete list of 27 items that got cheaper after today's GST meet
Updated On : 06 Oct 2017 | 9:31 PM IST

GST Council meet: Relief for SMEs, threshold for composition scheme raised

Kerala Finance Minister Thomas Isaac said exporters will get IGST relief and e-wallet facility for six months

GST Council meet: Relief for SMEs, threshold for composition scheme raised
Updated On : 06 Oct 2017 | 8:02 PM IST

From quarterly returns to exporters' e-wallet: 5 steps GST Council can take

The GST Council is likely to give a major relief to exporters as well as small and medium enterprises

From quarterly returns to exporters' e-wallet: 5 steps GST Council can take
Updated On : 06 Oct 2017 | 1:40 PM IST