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Gst Slab

Ice cream sold over counter but not prepared in outlet to attract 18% GST

If ordered with food, tax would be the lower rate; over the counter, it would attract a higher GST

Ice cream sold over counter but not prepared in outlet to attract 18% GST
Updated On : 08 Mar 2023 | 12:17 AM IST

Petrol, diesel can be brought under GST ambit if Council takes a call: FM

Union Finance Minister Nirmala Sitharaman Monday said that petrol and diesel can be brought under the GST ambit if the GST council takes a call

Petrol, diesel can be brought under GST ambit if Council takes a call: FM
Updated On : 20 Feb 2023 | 3:39 PM IST

GST panel to submit interim report on exempted items, may prune list

No decision on rate rejig; to meet again for further deliberation

GST panel to submit interim report on exempted items, may prune list
Updated On : 17 Jun 2022 | 11:48 PM IST

GoM on GST rate rejig to meet tomorrow, may seek extension to submit report

The ministerial panel, headed by Karnataka CM Basavaraj Bommai, will be meeting for the second time since it was set up in September last year

GoM on GST rate rejig to meet tomorrow, may seek extension to submit report
Updated On : 16 Jun 2022 | 2:09 AM IST

Will GST be structurally overhauled at the Council's meeting in Lucknow?

Apart from fewer slabs, the council will do well to take on issues like bringing petroleum under GST, addressing conflicting rulings of AARs and the issue of compensation to states beyond 2022

Will GST be structurally overhauled at the Council's meeting in Lucknow?
Updated On : 15 Sep 2021 | 4:15 PM IST

Top headlines: Rich PF investors may opt for debt funds, GST slab merger

Following the backlash it received for the update to its privacy policy in early January, WhatsApp will now let users take a better look at the changes that have been proposed. Read top news here

Top headlines: Rich PF investors may opt for debt funds, GST slab merger
Updated On : 19 Feb 2021 | 7:34 AM IST

India Inc seeks growth-oriented budget, higher health spend from FM

Says fiscal consolidation be pushed for later years or formulated from three-year perspective

India Inc seeks growth-oriented budget, higher health spend from FM
Updated On : 15 Dec 2020 | 1:30 AM IST

Centre considers market borrowing for GST compensation to states

Raising GST rates or rationalisation of tax slabs may be discussed by the GST Council in the next meeting to be scheduled early next month.

Centre considers market borrowing for GST compensation to states
Updated On : 21 May 2020 | 2:23 AM IST

GST rates are revenue negative; rejigging slabs will take time: John Joseph

The rates right now are revenue negative and not revenue neutral, he added

GST rates are revenue negative; rejigging slabs will take time: John Joseph
Updated On : 08 Feb 2020 | 1:19 AM IST

States against GST slab, rate revamp until revenue stabilises: Sushil Modi

Says now onwards GST Council will consider any change in tax rates only once a year instead of in each and every meeting

States against GST slab, rate revamp until revenue stabilises: Sushil Modi
Updated On : 21 Dec 2019 | 9:03 PM IST

Re-think GST: No economy can afford to persist with a failed tax experiment

Let's pretend no more that the system isn't broken. The Centre needs to break heads in the GST Council and work out new slabs and rates (the fewer the better) and make a fresh start, writes T N Ninan

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Updated On : 21 Dec 2019 | 12:24 AM IST

Top 10 business headlines: RBI pauses on rate cut, GST slab raise & more

From RBI keeping rate cut unchanged, tough road for Subhash Chandra's Essel to Saudi Aramco raising $25.6 bn in largest-ever IPO, Business Standard brings you the top headlines of the day.

Top 10 business headlines: RBI pauses on rate cut, GST slab raise & more
Updated On : 06 Dec 2019 | 8:28 AM IST

5% GST slab may be increased to 6%: Panel considering ways to boost revenue

The panel is also looking at bringing under GST items like foodgrains that faced either value-added tax or purchase tax

5% GST slab may be increased to 6%: Panel considering ways to boost revenue
Updated On : 06 Dec 2019 | 1:50 AM IST

GST slabs may come down to 3 from 5 in coming days, says Sushil Kumar Modi

The BJP leader said that states were not paid full compensation amount

GST slabs may come down to 3 from 5 in coming days, says Sushil Kumar Modi
Updated On : 22 Jul 2018 | 7:09 PM IST

Only 62 items likely to stay in 28% GST slab

About three-fourth items in the highest tax slab may move to lower brackets

Only 62 items likely to stay in 28% GST slab
Updated On : 09 Nov 2017 | 2:18 AM IST

Change 28% slab to 18%: Amit Mitra

Mitra argued that the consumer items under the 18 per cent bracket should be brought under the 12 per cent

Change 28% slab to 18%: Amit Mitra
Updated On : 08 Nov 2017 | 1:14 AM IST