GST Return Filing Rules Relaxed For Businesses. Find Out How

The relaxations along with cut in the tax rate on more than 200 items were welcomed by traders and industry watchers alike.

The Council at its 23rd meeting in Guwahati on Friday reduced the tax rate on over 200 items

Currently, GST is levied at 12% on food at non-AC restaurants, while it is 18% for air-conditioned ones.

Madhya Pradesh minister Om Prakash Dhurve of the BJP drew muted laughter as he candidly admitted that he is not quite able to understand GST or Goods and Services Tax, stating that the new national tax has even confounded professionals. The minister was making a public speech earlier this week at a party function to celebrate a year of the notes ban, his brief undoubt...

The 23rd GST Council Meeting headed by Union Finance Minister Arun Jaitley is meeting in Assam's capital Guwahati today to review the GST rates under the national sales tax

The all-powerful GST council pruned the list of items attracting the top 28% tax rate to just 50 from 227 previously.

Former Union Finance Minister of the Congress P Chidambaram today said a "shower of changes" is expected from the GST Council meeting in Guwahati and the "panic-stricken" Modi government has no option but to change the new tax rates. The high-powered committee headed by Union Finance Minister Arun Jaitley is meeting in the Assam's capital to discuss Goods and Services...

It was decided in the GST Council meet on Friday that all restaurants will now be levied GST at 5%, without input tax credit benefits.

"The facility to revise Form GST TRAN-1 declaration has been introduced on the GST Portal for taxpayers who had already filed it prior to November 9, 2017," GSTN said.

Union Finance Minister Arun Jaitley on Friday announced a big overhaul of new national tax GST, saying only 50 items will remain in the highest tax slab of 28 per cent, with 178 others moved to the 18 per cent bracket effective November 15. Dining out will also become cheaper, with food at all restaurants in the country, except those in starred hotels, to be taxed at ...

Yashwant Sinha today delivered a fresh instalment of biting criticism of the government, describing the new national sales tax or GST as "a total mess" which cannot be solved by "tinkering".

At the GST Council meet today, over 200 items may get cheaper from handmade furniture to shampoo to sanitary ware to plywood

The Finance Minister had earlier this week hinted at pruning the list of items in the highest GST tax bracket of 28 per cent.

The rates on over 200 daily-use items are expected to come down from 28% to 18% at the GST Council meet on Friday, said Sushil Kumar Modi.