Sonia Gandhi Reaches Out To 3 States On GST Compensation: Sources

Congress President Sonia Gandhi on Tuesday reached out to the chief ministers of West Bengal, Maharashtra and Jharkhand on the issue of compensation to states and will hold a meeting with them to evolve a collective stand at the August 27 GST Council meeting, sources said.

Arun Jaitley held the finance ministry when the the GST was implemented in July 2017

Gold Rate Today: The closing rate of gold jewellery stood at Rs 52,874/10 grams, excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).

Current Gold Price: The value of gold that you buy in the form of jewellery, coins etc. keeps changing, just like any other asset class.

Week-long searches by the central GST intelligence team or DGGI on the premises of a top cement manufacturer and related dealers in Madhya Pradesh and Uttar Pradesh have led to detection of Rs 17.2 crore of goods and services tax (GST) evasion. While one of the directors of the cement major has been arrested, another director is on the run.

The GST intelligence officials have detected over Rs 17 crore tax evasion by a major cement manufacturer in Satna and arrested one of its directors, according to an official statement issued on Wednesday.

The collection in July declined 3.84 per cent compared to the previous month.

The delay in complying with the new rules have led to trade volumes dipping by 2-3 per cent every month since January, an industry body said

GST rates can be reduced further once the tax base increases and everyone pays taxes properly, Finance Secretary Ajay Bhushan Pandey said on Thursday.

The exporters also include sevenaccredited'star exporters'

Hand Sanitisers: The AAR said a GST of 18 per cent will be levied on alcohol-based hand sanitisers as they come under 'alcohol-based hand sanitisers' category.

Rahul Gandhi tweeted this morning that future Harvard Business School studies on failure would include COVID-19, demonetisation and the implementation of the Goods and Services Tax (GST).

GST intelligence officials carried out more than 50 search operations in the last one month at various premises of pan masala and cigarette manufacturers in Indore and detected tax evasion worth over Rs 500 crore, according to an official statement issued on Friday.

Dell has launched its Precision 5550 workstation laptop in India. It’s targeted at professional users such as creators and engineers. Prices start at Rs.1,29,999, excluding GST, in India.