GST News

Work on Draft GST Constitutional Amendment Bill and GST Law Expected to be taken Forward

28 February 2013 at 13:44

Rs. 9,000 Crore set Apart for the 1st Instalment of the Balance of CST Compensation to States The Finance Minister Shri P. Chidambaram presenting the Union Budget in Lok Sabha today has expressed the hope that the consensus on providing for a Go

Posted in GST | 5271 Views

GST is More Effective and Efficient Substitute for Plethora of Indirect Taxes: FM

25 August 2012 at 11:27

The Union Finance Minister, Shri P. Chidambaram said that the goods and services tax (GST) is a more effective and efficient substitute for plethora of indirect taxes. The Finance Minister said that he is hopeful that the GST Bill would be passed

Posted in GST | 9588 Views

FM releases Guidance Paper on service tax: new approach intended to take country and economy a step closer to GST

21 June 2012 at 10:37

Union Finance Minister, ShriPranabMukherjee released the Guidance Paper on the new approach to service tax, here today. The release of the Guidance Paper marks the culmination of the year long efforts made by the Government to introduce a negative

Posted in GST | 1 comments | 10077 Views

IT Infrastructure for GST- GSTN

15 June 2012 at 13:15

Annual Conference of Chief Commissioners & Director-Generals - IT Infrastructure for GST- GSTN

Posted in GST | 7986 Views

GST to Make Goods and Services more Competitive both in Domestic and International Markets: FM

22 May 2012 at 15:40

The Union Finance Minister Shri Pranab Mukherjee said that the primary benefit of the Goods and Services Tax (GST), when introduced, would be the removal of cascading effect of taxes which acts like a hidden cost and makes goods and services uncom

Posted in GST | 3 comments | 8232 Views

Setting up of Special Purpose Vehicle to be called Goods and Services Tax Network (GSTN SPV)

12 April 2012 at 16:07

The Cabinet has approved a proposal to set up a Special Purpose Vehicle (SPV) namely Goods and Services Tax Network SPV (GSTN SPV) to create enabling environment for smooth introduction of Goods and Services Tax (GST). GSTN SPV will provide IT inf

Posted in GST | 8883 Views

GST will bring about a Paradigm Shift in the Arena of Indirect Taxation in the Country

22 February 2012 at 16:49

GST will bring about a Paradigm Shift in the Arena of Indirect Taxation in the Country; asks CBEC to make extra efforts to meet the Targets Of Indirect Tax Collections for the Current Fiscal : FM The Union Finance Minister Shri Pranab Mukherjee

Posted in GST | 6105 Views

FM to Inaugurate Annual Conference of Chief Commissioners and Directors General of Customs, Central Excise and Service Tax Tomorrow; Revenue Mobilisation, GST and Managing Innovations Efficiently to Dominate the Two Days Conference

07 June 2011 at 17:14

FM to Inaugurate Annual Conference of Chief Commissioners and Directors General of Customs, Central Excise and Service Tax Tomorrow; Revenue Mobilisation, GST and Managing Innovations Efficiently to Dominate the Two Days Conference The All Indi

Posted in GST | 4485 Views

GST - Constitutional (Amendment) Bill Introduced - Bill No. 22 of 2011

23 March 2011 at 11:33

The Constitutional Amendment Bill introduced in the Lok Sabha on 22nd March, 2011

Posted in GST | 2 comments | 11382 Views

Constitution Amendment Bill to Facilitate GST Introduced

22 March 2011 at 18:50

Hospital Services and Diagnostics Tests Exempted from New Levy in its Entirety; Abatement Enhanced From 40% to 55% of Retail Sale Price for SSI Garment Manufactures; Basic Custom Duty Reduced from 30 Per Cent to 5 Per Cent on Raw Silk AD Val

Posted in GST | 6153 Views