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GST exempt list to be reviewed by ministerial panel
The GST Council headed by Union Finance Minister Nirmala Sitharaman had taken by the decision to set up these two GoMs on September 17.
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Govt borrowing in FY22 touches 58% of the budgeted amount
Direct tax collection rose 74% to ₹ 5.70 lakh crore in the same period
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Indian economy on sustained path of revival: FM Nirmala Sitharaman
The monthly average GST collections are in the range of Rs 1.11 lakh crore and Rs 1.12 lakh crore.
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Zomato, Swiggy bite nails as they await clarity on GST
Food delivery apps are concerned that the way the tax system works, they could see a jump in their total cost.
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Outsourced services won’t attract 18% GST, clarifies govt
An intermediary is a body that facilitates the supply of goods or services or securities between two or more parties.
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Ice cream at parlours may leave you with bitter taste
GST Council has clarified that parlours sell already manufactured ice and hence would draw 18% tax.
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GST: Carbonated fruit juice-based drink to get costlier
The regulations state that if the drink contains fruit content > 10% (5% in case of lemon) then such drink is to be considered as fruit-based beverage
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Non-filers of monthly GST return barred from filing GSTR-1
At present, if a business fails to file GSTR-3B of preceding two months, the law restricts the filing for returns on outward supplies or GSTR-1
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GST — hits and misses
The real miss of the GST Council has been the inability to even start the discussion on bringing petrol and diesel under the tax.
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Petroleum products won't come under GST regime
Food delivery apps like Swiggy and Zomato will be taxed now; concessional rate on Covid drugs to continue, rates on cancer drugs cut
