Does Papad Shape Affect GST? Harsh Goenka's Query Answered By Tax Body

Industrialist Harsh Goenka took to Twitter to ask about taxation on different shapes of Papad. An Indian tax body clarified the issue.

Papad, whatever its shape or name, is exempted from GST, the government's indirect taxation agency clarified today after a social media post claimed that a round papad is exempted from the tax while a square variant attracts it.

Amid fall in state revenue and GST collection in view of COVID-19 crisis, Karnataka Chief Minister Basavaraj S Bommai on Thursday demanded the Centre to extend the GST compensation period to states beyond 2022, for three more years.

India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.

The National Automobile Scrappage Policy will benefit all stakeholders as it will boost manufacturing, create jobs and help both the Centre as well as state governments in earning up to Rs 40,000 crore each in GST, Nitin Gadkari said.

Prahlad Modi, Prime Minister Narendra Modi's brother and vice-president of All-India Fair Price Shop Association, today asked traders not to pay GST till their demands are met by authorities and advised them to launch an agitation over the issue.

The Delhi Police has busted a fake call centre running in Rohini and arrested seven people for allegedly duping hundreds by obtaining their bank account details on the promise of providing them with an SUV by paying just 1 per cent GST of its cost.

A whopping Rs 338 crore racket of fake invoicing has been unearthed by GST officials in a major bust of tax evasion scam in Assam.

Kerala Chief Minister Pinarayi Vijayan on Tuesday urged the central government to set up an AIIMS in the state as well as provide pending GST dues worth over Rs 4,500 crore.

An Odisha government agency working under the Goods and Services Tax (GST) directorate on Monday unearthed a racket that issued fake invoices to the tune of Rs 106 crore, which caused a loss of Rs 19.04 crore to the state exchequer in the form of in

Stating that GST council meetings have become "almost toxic" with the erosion of trust between the Centre and states, West Bengal Minister Amit Mitra urged Nirmala Sitharaman to consider a "course correction" to rebuild faith.

With GST rate on Ambulance lowered to 12 per cent from 28 per cent, Maruti Suzuki India has decided to reduce prices of the Eeco Ambulance. It is now priced at Rs. 6.16 lakh (ex-showroom, Delhi).

Supplying food to schools under mid-day meal scheme, pre-schools and anganwadis is exempt from GST, the Central Board of Indirect Taxes and Customs (CBIC) has said.

Senior Congress leader P Chidambaram on Wednesday said Finance Minister Nirmala Sitharaman is "wrong" in claiming that GST dues of states have been cleared and cited the example of Congress-ruled Rajasthan, Punjab and Chhattisgarh.