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Total GST collection for August touched Rs 90,669 crore, against Rs 94,063 crore mopped up in the first month of the new indirect tax regime rollout. The number includes transitional credit claims of taxpayers which will lower the actual receipts of the government. According to the revised estimate, the GST […]
The government has notified levy of increased GST cess of up to 7 percent on mid-size, large and SUV cars. The GST Council on September 9 had decided to hike cess on mid-size cars by 2 percent, on large cars by 5 percent and on SUVs by 7 percent to […]
Aerated drinks and consumer durables like TV, AC, washing machines and refrigerators will cost more, while smartphones, small cars and daily use items will turn cheaper when the GST is implemented from July. An analysis of the tax rates decided by the all-powerful GST Council for over 1,200 goods and […]
