GST

The Goods and Services Tax (GST) Council on Thursday decided to slash rates on 29 items, mainly handicrafts, to zero per cent, according to Uttarakhand Finance Minister Prakash Pant.He also said no decision has been taken on simplification of...

The 70th year since Independence will go down in Indian history since the country switched over to the Goods and Services Tax (GST) regime, realising, thereby, the vision of a unified market in a federal system that guided the...

Demonetization, that was announced in November 2016 had an overbearing influence on the way 2017 started, barely 45 days into what was arguably one of the boldest reforms India has seen. This had both positive and negative rub-offs on...

The Telangana government has urged retailers to pass on to consumers the benefit of recent reduction in rates of GST on several items. At a meeting here, all major retailers, "including Flipkart India Ltd, readymade, optical and jewellery dealers and...

FMCG companies, including ITC, Dabur, HUL and Marico, said they have cut prices of various products to pass on the benefits of GST rate reduction to end-consumers. The companies said they will extend the price reduction to other categories, which...

FMCG major Dabur India on Tuesday said it has cut prices of existing stocks across categories such as shampoos, skin care and home care by 9 per cent as an act of passing on the benefits of the recent...

CBEC Chairperson Vanaja Sarna has written to FMCG companies asking them to immediately revise MRP on all products in line with the latest reduction in GST rates. According to a PTI report: The Goods and Services Tax (GST) rate was...

With the revised GST rates coming into force from Wednesday, FMCG majors such as Hindustan Unilever (HUL) and ITC said they are in the process of reducing prices of commonly used items to pass on the benefits to consumers. According...

The most comprehensive overhaul of GST rates decided at a GST Council meeting, wherein tax on all restaurants was reducted to 5 per cent and tax on 178 items slashed, became effective from Wednesday as the government issued notifications...

Notwithstanding the reduction of GST on the handloom and handicraft sector, discontent artisans has sought complete waiver waiver of tax on such products. According to a PTI report: Handloom and handicraft artisans participated in a seminar here organised by the...