The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

Study by NIPFP shows consumer durables, motor vehicles saw a decline in CPI values under GST 2.0, most food items, household, ...

Finance Minister Nirmala Sitharaman on Wednesday announced major Goods and Services Tax (GST) rate cuts, saying that with the two-tier tax rate system approved, the common man will benefit greatly.

The Government clarified that GST on food products, including ultra-processed foods, is determined according to HSN classification. There is currently no special GST category for unhealthy ...

GST Rate Cut: Giving big relief to the people, the central government, led by PM Modi, has given a big gift before Diwali in the form of a GST rate cut. The government has removed the old 4 slabs ...

While there are goods that are taxed at higher than 18%, the simplified GST rate structures have reduced the tax on a bulk of the eligible goods The new rates are likely to increase consumers’ ...

Rajasthan AAR ruled that compostable carry bags made from polymer materials fall under HSN 39232990. The 5% GST rate applies ...

The components include solar power equipment, solar cookers and lamps, windmills and generators, waste-to-energy systems, biogas plants, and tidal or wave energy installations. Image: Vikram Solar.

The revision in GST rates has a two-fold impact; it not only makes vehicles more affordable but also brings relief to bike owners through slightly lower insurance premiums. Since GST is directly added ...

Monday - Friday, 11:00 - 12:00 SIN/HK | 0500 - 06:00 CET BDO India partner for Indirect Taxes, Maulik Manakiwala, says the latest GST rate cuts will fuel consumer spending and free up income for ...

The West Bengal Authority for Advance Ruling (AAR) has ruled that hookah served in restaurants along with food will no longer ...

FMCG growth moderated in the December quarter as the Goods and Services Tax transition affected pricing strategies and ...