GST Council units up two GoMs to look into charge rationalisation, techniques overview

GST Council units up two GoMs to look into charge rationalisation, techniques overview

[ad_1] India has arrange a bunch of ministers to look into the speed rationalisation underneath the products and companies tax together with the present slab construction. The products and companies tax council secretariat Monday notified the establishing of two GoM, one to look into the speed construction and one other to have a look at … Read more

GST Council: No GST on petrol, diesel but, compensation cess until 2026

GST Council: No GST on petrol, diesel but, compensation cess until 2026

[ad_1] The Items and Service Tax (GST) Council determined in opposition to together with auto fuels inside its ambit following unanimous opposition from states, even because it specified that compensation interval wouldn’t be prolonged past 2022. Finance minister Nirmala Sitharaman highlighted that the cess collected from July 2022 until March 2026 shall be used solely … Read more

Swiggy, Zomato to gather 5% GST on deliveries, meals to not get dearer

Swiggy, Zomato to gather 5% GST on deliveries, meals to not get dearer

[ad_1] The GST Council on Friday accepted a proposal to deal with meals supply apps comparable to and Swiggy as eating places and levy 5 per cent GST on provides made by them. Such meals supply apps will now be required to gather 5 per cent GST, or Goods and Services Tax, from shoppers as … Read more