Cabinet clears GST supplementary legislations The Cabinet today cleared four supporting GST legislations, paving the way for their introduction in Parliament as early as today. The four supporting legislations the Compensation Law, the Central-GST (C-GST), Integrated-GST (I-GST) and Union Territory-GST (UT-GST) would be introduced as Money Bill, sources said. The GST … [Read more...] about Cabinet clears GST supplementary legislations
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Central GST
Government Hopeful of Passing GST Bills in next phase of Budget Session
Government Hopeful of Passing GST Bills in next phase of Budget Session New Delhi: Government is hopeful of getting the supporting legislations of Goods and Services Tax (GST) passed by Parliament in the second phase of the Budget session for rolling out the new indirect tax regime by July. Replying to a question on GST bill, Parliamentary Affairs Minister Ananth Kumar on … [Read more...] about Government Hopeful of Passing GST Bills in next phase of Budget Session
GST Council likely to finalise tax rates shortly
GST Council likely to finalise tax rates shortly New Delhi: The GST Council, which began 2-day deliberations here today, is likely to shortly finalise a 4-tier tax structure with some tinkering of the Centre's proposal. The Centre has proposed 4-tier tax structure of 6, 12, 18 and 26 per cent, the peak rate being for FMCG and consumer durables. According to sources, … [Read more...] about GST Council likely to finalise tax rates shortly
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