GST News

Special Webpage on Goods and Services Tax (GST) on PIB Website

03 July 2017 at 11:02

A special webpage on the Goods and Services Tax (GST) on PIB Website was launched today by Principal Director General, Press Information Bureau, Shri A P Frank Noronha. The webpage can be accessed on http://pib.nic.in/gstGoods and Services Tax (GST),

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Exemptions granted from the levy of GST in respect of Passengers travelling in Second class, Metro, Sleeper Class

03 July 2017 at 11:02

Ministry of Railways is fully geared for the roll out of GST w.e.f. 1st July, 2017. Exemptions granted from the levy of GST in respect of Passengers travelling in Second class, Metro, Sleeper Class.Exemption from levy of GST granted in respect of Tr

Posted in GST | 2724 Views

Tax rate on fertilizers reduced to 5% from 12% under GST

01 July 2017 at 11:30

Decision to reduce Tax Rate on Fertilizers from existing 12% to 5 % under GST taken in the interests of the Farmers Under GST regime, a uniform MRP of Rs. 295.47 per 50 kg bag to be fixed across the country GST regime to deter inter-state smuggling o

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Prime minister address at the launch of GST

01 July 2017 at 11:21

Honourable President, Respected Vice President, Madam Speaker of Lok Sabha, our Former Prime Minister Shri Devegowdaji, Members of the Council of Ministers, all the other members of the House, and the esteemed conglomerate gathered here representing

Posted in GST | 1 comments | 3648 Views

Minute details of How GST happened

01 July 2017 at 10:47

GST roll-out � Complete transformation of the Indirect Taxation Landscape; Some minute details of how it happened Goods and Services Tax (GST), a historic tax reform, will come into effect from tomorrow i.e.1st July, 2017. GST will completely

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India ushers in GST amid historic midnight session of Parliament

01 July 2017 at 10:33

The Goods and Services Tax came into force at midnight, amid a historic midnight session in the Central Hall of Parliament. President Pranab Mukherjee, Prime Minister Narendra Modi, and Finance Minister Arun Jaitley addressed the gathering, before th

Posted in GST | 1 comments | 1932 Views

President speech on the launch of GST

01 July 2017 at 10:33

1. In a few minutes from now, we will witness the launch of the Goods and Services Tax (GST), a unified tax system, in the country. This historic moment is the culmination of a fourteen-year long journey which began in December 2002, when the Kelkar

Posted in GST | 2703 Views

Guidance Note for Importers and Exporters on GST

30 June 2017 at 10:30

Indian Customs gears up for GST roll-outGuidance Note for Importers and ExportersI. Introduction:The purpose of this guidance note is to bring clarity about the impact of GST,which would come into force with effect from 01.07.2017, for importers and

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FM asks industry to pass on benefit of GST to Consumers

30 June 2017 at 10:30

Finance Minister holds Meeting with the representatives of trade and industry; Ask them to pass on the benefit of GST to consumers The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley asked the representatives of Trade and

Posted in GST | 1 comments | 3198 Views

FM urges CM of J&K to implement GST in the state

27 June 2017 at 11:31

Union Finance Minister writes a letter to the Chief Minister of Jammu & Kashmir. Shri Jaitley urges CM Membooba Mufti Sayeed to implement GST in the State. The Union Finance Minister Sh. Arun Jaitley today has written a letter to the Chief Minist

Posted in GST | 3693 Views