GST collection touches Rs 95,380 crore in October
New Delhi/IBNS: The goods and service tax (GST) collection for the month of October stood at Rs. 95,380 crore, official data released on Friday said.
Will further simplify GST to improve India's ranking in Ease of Doing Business: Nirmala Sitharaman
New Delhi/UNI: Buoyed by India's jump of 14 places and reaching at the 63rd place on the World Bank's ease of doing business ranking, Union Finance Minister Nirmala Sitharaman on Thursday said the government will further simplify Goods and Services Tax, and expressed hope that it will help in further improving India's ranking.
Demonetisation, GST encourage digitisation: FM Nirmala Sitharaman
Dharwad, Oct 5 (UNI): Union Finance Minister Nirmala Sitharaman on Saturday said demonetisation and GST encouraged digitisation which will alternately drive the country towards open and transparent economic system.
GST revenue collection for September falls 19-Month low
New Delhi, Oct 1 (IBNS): The national Goods and Services Tax (GST) recorded the lowest revenue collection in 19 months since it was introduced in July 2017, government data released on Tuesday stated.
GST revenue stands at Rs 91,916 cr in Sept 2019
New Delhi, Oct 1 (UNI) The Goods and Services Tax (GST) collections dropped again in September this year and stood at Rs 91,916 crore, the Government data released on Tuesday revealed.
GST Council slashes tax on hotel tariffs; caffeinated drinks to be dearer
Panaji: After declaring major tax cuts for the corporate sector on Friday, Union Finance Minister Nirmala Sitharaman announced reduction of GST rates on a slew of items.
Indian government moots for improving measures for better GST collections
New Delhi, Aug 11 (UNI) In order to push growth, the government is mooting the idea of improving measures for better 'GST collections' to make revenue collection free from hurdles.
GST rate on all electric vehicles reduced from 12% to 5%
New Delhi July 27 (IBNS) :Thirty sixth GST Council Meeting was held here in New Delhi Via Video Conferencing where GST rate on all electric vehicles be reduced from 12% to 5%.
No IGST on goods taken out of India for exhibition or consignment: Govt
New Delhi, Jul 22 (UNI) No IGST would be levied on goods that are taken out of India on consignment basis for exhibition or other export promotion events, the Government clarified on Monday.
New Delhi, July 5 (IBNS): Further simplification of the GST processes, increasing Special Additional Excise duty and Road and Infrastructure Cess on petrol and diesel by one rupee each, hike in Customs Duty on Gold and precious metals to 12.5% and imposing nominal basic excise duty on tobacco products and crude are among the salient proposals pertaining to the Indirect Taxes in the Union Budget 2019-20.
Govt to further simplify GST process, says finance minister Sitharaman
New Delhi, July 1 (UNI): Union finance minister Nirmala Sitharaman said on Monday the government is committed to further simplifying the Goods and Services Tax filing process.
GST one of smoothest transformation in India: Arun Jaitley
New Delhi, Jul 1 (UNI) Calling the goods and services tax (GST) “consumer and assessee friendly”, former Union Minister Arun Jaitley on Monday said the taxation process was one of the smoothest transformation in India and settled down within few week of its implementation.
New GST Return form to be applicable from January next year
New Delhi, Jun 11 (UNI) The government announced on Tuesday that a new GST return system will be introduced to facilitate taxpayers and from January 2020 onwards, all taxpayers will be filing Form GST RET-01.
No alteration in deadline of filing annual GST return
New Delhi, Jun 4 (UNI) The Government on Tuesday cleared the air that there would be no change in the last date for filing of annual return of the GST for FY 2017-18.
GST collection in April touches Rs 1.13 lakh crore
New Delhi, May 1 (IBNS): The Indian government on Wednesday said the Goods and Services Tax (GST) collection for the month of April stood at an all-time high figure of over Rs 1.13 lakh crore.