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The Latest Breaking News from GST

Explained: No GST on 14 mass consumption items when sold loose

NEW DELHI: Following an uproar in Parliament over imposition of 5 per cent goods and services tax (GST) on pre-packaged and pre-labelled staple items, finance minister Nirmala Sitharaman on Tuesday clarified that daily need items like pulses, wheat, rye, oats, maize, rice, suji, besan, puffed rice, curd/lassi when sold loose…

The Times of India

GST compensation sunset: Punjab, Goa, Chhattisgarh may face most revenue stress

Revenue collections from the GST regime have fallen short of expectations for both the Centre and the States, says a new working paper by the National Institute of Public Finance and Policy

The Hindu

Traders seek repeal of GST on pre-packed food items

Merchants forum plans indefinite agitation

The Hindu

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Reconsider GST for horse racing: TAI

Appeals to the GoM by citing the adverse impact on the sport in the country

The Hindu

GST: Group of Ministers to finalise report on casinos, online gaming by August 10

NEW DELHI: The state finance ministers' panel looking to bring online gaming and casinos under GST failed to reach a consensus on Tuesday and decided to finalise its report by August 10.

The Times of India

Traders in Kerala plan protests against 5% GST on repacked food

Confederation of All India Traders Kerala unit to join nationwide agitations

The Hindu

IOB have it easy against GST & Central Excise in CHA Super Division League

CHENNAI: Harmanpreet Singh (13th), Suresh Babu (32nd), Nambi Ganesh (37th) and Vinod Rayer (50th) scored one goal each to help Indian Overseas Bank beat GST Central Excise 4-2 in the CHA Super Division League match at the Mayor Radhakrishnan Stadium on Thursday.

The Times of India

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Scope for further pruning of GST exemption list: Revenue secretary

NEW DELHI: Revenue secretary Tarun Bajaj on Tuesday said there is scope for further pruning of the GST exemption list and expressed hope that the "rough edges" in the indirect tax regime will be ironed out in the next 2-3 years.

The Times of India

Congress slams Modi government for imposing GST on essential commodities

A single, low GST rate will reduce compliance costs: Rahul Gandhi

The Hindu

Ludhiana: Hoteliers object to 12% GST on rooms with up to ₹1k tariff

LUDHIANA: City hoteliers are up in arms against the recent decision of GST council to levy 12% GST on the hotel rooms having tariff of up to Rs 1,000.

The Times of India

GST on curd, buttermilk: Farmers, cooperatives fear price hike

Officials of cooperatives say that the prices of milk by-products will be increased if GST is raised on dairy machinery and milk machines

The Hindu

GST is a pro-people reform: Governor

‘The Centre has increased the tax base and reducing the average tax rates’

The Hindu

Reset mode: On GST reform

As GST turns five, its metamorphosis into a truly Good and Simple Tax needs greater Centre-States dialogue

The Hindu

Replace flawed GST, says Congress

‘The complex scheme has wrecked the economy’

The Hindu

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The Hindu

GST day celebrated in Belagavi

Commissioner of Central GST also honoured six women achievers from various fields

The Hindu

GST impact: Price of curd, buttermilk, lassi, and paneer to go up

KMF plans to appeal against removal of exemption given earlier

The Times of India

GST had serious birth defects which worsened over last 5 years: Chidambaram

NEW DELHI: Asserting that the GST had serious "birth defects" which became only worse over the last five years, the Congress on Friday said the GST laws and the manner of their implementation have "wrecked the economy" and the party will work toward its replacement by GST 2.0.

The Hindu

Karnataka placed second in collection of GST in India

GST Day will be celebrated in Belagavi on July 1 to mark completion of five years of Goods & Services Tax

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The Hindu

GST Council meeting in August to decide on extension of compensation to States: Karnataka CM

After incurring huge revenue loss in the two years of the COVID-19 pandemic, States have sought an extension of the compensation mechanism for another five years, till 2027

The Hindu

Harish Rao concerned over diversion of huge revenue after State split, non-updation of tax payers’ addresses

Minister raises the issue during GST Council meeting in Chandigarh

The Times of India

Rate tweaks to make up for inefficiencies in value chain; states conscious of inflation impact: Finance minister

CHANDIGARH: Finance minister Nirmala Sitharaman on Wednesday said any increase in GST rates under the rate rationalisation exercise is intended to make up for the 'inefficiencies' in the value chain.

The Hindu

West Bengal govt. asks Centre to take decisions at GST council by consensus

"Post decision of the SC, it has become imperative for the GST council to take every decision by consensus and to leave aside any shade of majoritarianism, not only for the future credibility of GST council but also to uphold the rich tradition of this august body"

The Hindu

CM hopeful on GST compensation to States

Bengaluru

The Hindu

Restoration of trust between States and Centre essential for smooth continuation of GST system: Praveen Chakravarty

States should get direct taxation powers, extension of revenue guarantee, says Praveen Chakravarty, Chairman of the Congress Data Analytics Department

The Hindu

Towards a single low tax regime

The Finance Minister should do away with all the confusing tax slabs in one fell swoop

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