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There is no intention of the tourism industry to seek help for the reduction in the goods and service tax towards the hotel rooms to 12%, stated by the Union Tourism Minister. The minister knew from the tax imposed on several tourism products as well as services which consist of hotels because this will affect […]
Commerce ministry is rummaging jury-rigged expedient for the exporters by implementing the pre and post-import integrated goods and services tax (IGST) exemption for inputs contributed in export between October 2017 and January 2019. Commerce Ministry runs counter to the 1000 notices being sent to exporters by Directorate of Revenue Intelligence (DRI) on grounds of allegedly […]
Speaking during the seminar held by Chhattisgarh Chamber of Commerce and Industries (CCCI), Finance Minister Piyush Goyal said that the past one year of GST was quite good and the government managed to get sufficient revenue from the indirect tax.
In the recently concluded National Conclave on Mines and Minerals Ms Aruna Sharma, Union Steel Secretary, stressed on rationalizing royalty and auction money before they can be subsumed as ITC under GST.
The Finance Ministry’s notification to levy GST on flagship Post-Graduate programmes has created a few sleepless nights for one of India’s premier institute known for churning out highly paid management post-graduates from its campus each year.
Parliament is proposed to include aviation turbine fuel (ATF) or jet fuel under the Goods and Services Tax (GST) ambit by the civil aviation ministry on 28 December.
To promote the prominent employment and foreign exchange generating sectors, the tourism ministry of India has introduced a concession in the GST rates and the proposal of ‘infrastructure status’ for five-star hotels.
The Finance ministry toned their voice higher over the execution of the Goods and services tax (GST) from April 1, 2017, even as the Center and states are yet to achieve an understanding of the thorny issue of managerial turf over assessees and just two days are left for the winter session of Parliament to be over.
The commerce ministry is looking to help the exporters, suggesting the finance ministry to take a soft action towards the export industry and continue with GST exemptions which were earlier granted.
