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Cong terms new GST rates on food ‘cruel’

New Delhi, July 20 : The Congress on Wednesday posed a volley of questions to the Centre over the hike in Goods and Services Tax (GST) on essential food items and termed the government step as "cruel".

GST Council will decide in national interest: Bihar Dy CM

New Delhi, July 8 : The GST Council will take decisions which will benefit states and the country, Bihar Deputy Chief Minister Tarkishore Prasad said on Friday.

Inclusion of pre-packed and per-labelled foodgrain will cause damage to small...

New Delhi, July 4 : Confederation of All India Traders (CAIT) on Monday claimed that inclusion of pre-packed and per-labelled foodgrain will cause damage to small businesses and said it will appeal to the finance minister and GST Council to reconsider the decision.

GST hike on textiles to lead loss of 15 million jobs:...

Kolkata, Dec 26 : Former West Bengal finance minister Amit Mitra on Sunday said the proposed hike of Goods and Service Tax (GST) on textile products from five to 12 per cent would lead to loss of 15 million jobs and closure of one lakh units.

Revenue secretary exhorts officers to collect more GST, says rising cases...

Lucknow, Nov 26 : Noting that taxpayers continue to have some kind of fear and anxiety towards both the direct tax and indirect tax departments, Revenue Secretary Tarun Bajaj on Friday asked the officers to bridge the gap between the taxpayers and the tax collectors.

After Kerala and Maharashtra, UP opposes plan to bring diesel, petrol...

Lucknow, Sep 17 : Even before the GST Council started its 45th meeting on Friday, Uttar Pradesh Finance Minister Suresh Khanna made it clear that the state was against any proposal to bring diesel and petrol in the GST ambit.

Govt waives IGST on import of COVID-relief material received as donation

New Delhi, May 3 (UNI) The government has waived off the Integrated GST (IGST) on imports of COVID-19 related relief materials till June 30, 2021, Finance Ministry said in a statement on Monday. As per the statement, government had received a number of representations from charitable organisations, corporate entities, and other associations/entities outside India seeking exemption from IGST on the import of Covid-19 relief material, donated/received free of cost from outside India for free distribution.

Govt releases another 6,000 crore to States/UTs to meet GST shortfall

New Delhi, Dec 21 (UNI) The Union government has released Rs 6,000 crore to States to meet the Goods and Services Tax compensation shortfall. This is the eighth weekly instalment given by the finance ministry to States under the special borrowing window set up to meet the estimated shortfall of Rs 1.10 lakh.

Centre borrows & transfers Rs 6,000 cr as first tranche to...

New Delhi, Oct 23 (UNI) The Central Government on Friday borrowed and transferred Rs 6,000 crores as first tranche to 16 States under its special borrowing window to address the shortfall in the GST collection during the year 2020 – 2021.
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