The notification replaces cess rates with “Nil” across extensive Schedule entries. The key takeaway is the effective withdrawal of Compensation Cess on the listed goods starting 1 February ...

The government has issued a fresh set of GST notifications reshaping tax rates on tobacco products, scrapping the existing 28 ...

As expected, the due date for filing of sales-invoice-level information was deferred given that not everyone was ready to file the same. Post the completion of the first month of the goods & services ...

The government on Thursday issued three notifications to implement a slew of concessions for small businesses, including doubling of Goods and Services Tax (GST) exemption limit to ₹40 lakh. The ...

The Authority held that treatment of psoriasis, dermatitis, fungal infections, and similar conditions constitutes healthcare ...

NEW DELHI: After a hectic day of parleys and opinion from the attorney general, the government feels it retains power to levy excise duty on goods other than petroleum even after the provision of the ...

Shares of ITC and Godfrey Phillips tanked 10% and 18%, respectively as the finance ministry issued a notification imposing ...

(MENAFN- IANS) New Delhi, Sep 18 (IANS) The Finance Ministry on Thursday issued a list of six Frequently Asked Questions on GST 2.0 relating to the new notifications that have been issued to bring the ...

Finance minister Arun Jaitley said on Friday that the rules for small businesses and exporters would be eased under the Goods and Services Tax (GST), a move that could provide relief to thousands of ...

The Centre on Monday said its recent notifications, setting up the GST Council and putting into immediate effect 19 sections of the Constitutional Amendment Act for Goods and Services Tax, do not bar ...

If you bought a car or any other goods over the weekend, you could legally expect a refund of the component that went to pay the excise duty on it, Finance Ministry officials confirmed after ...