Appreciating wholeheartedly the major decision of the GST Council to allow small unregistered vendors to sell their goods through e-commerce portals, the Confederation of All India Traders (CAIT ...
for GST rate rationalisation has decided to lower the tax rates on 20-litre packaged drinking water bottles, bicycles and exercise notebooks to 5% from 18% earlier, according to a PTI report which ...
The two ministerial panels set up by the GST Council met on Friday and discussed GST rate rationalisation and lowering tax rate on health and life insurance premiums. This was the first meeting of ...
"With reduced tax rates on household goods after GST implementation ... Microsoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain ...
How can businesses protect their ITC now? Vendor agreements. With such draconian provisions being brought in GST, it is imperative for the businesses to safeguard themselves by introducing such ...
Separately, the GoM on GST rate rationalisation, too, met on Saturday and suggested that the GST Council rejig tax rates on a host of goods, including packaged drinking water, bicycles ...
In a significant move, the Goods and Services Tax (GST) Group of Ministers (GoM) has agreed upon a slew of rate revisions that are expected to bring in an additional Rs 22,000 crore annually.
CII also asked for a simplified Goods and Services Tax (GST) structure, advocating for a three-rate GST system with moderated rates. Currently, the GST has a 5-tier tax structure consisting of tax ...