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Goods and GST Bill passed, Goods and Services Tax - GST |
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Goods and GST Bill passed |
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Dear All, GST Bill is passed in Rajya Sabha on 03. 08.2016. A panel under chief economic adviser Arvind Subramanian has recommended a revenue-neutral rate of 15-15.5%, with a standard rate of 17-18% be levied on most goods and all services. But, there has been no agreement yet on rates of various goods and services, which remains a tricky issue. According to the Bill, passed in the Lok Sabha in May 2015, the rates were to be decided by a GST council headed by the central finance minister with state finance ministers as members. Let us wait. Thanks. Posts / Replies Showing Replies 526 to 550 of 1401 Records Page: 1 ....181920212223242526........ 57
Vijay Kelkar backs single GST rate, says it's easier to roll out
Many issues need to be resolved to make ideal GST: Amit Mitra
Arun Jaitley may hike service tax to 16-18 per cent in Budget
Vijay Kelkar says single GST rate easy to administer.
FM assures taxmen says GST will increase new professional opportunities.
GST: CBEC officials oppose ceding taxpayer base to states Over 50,000 officers are planning to protest on 30 January against the decision which they estimate will leave as many as 40% of CBEC employees without work
JAM, GST and DeMon make for gain with short-term pain: Arvind Narayanan, DBS Bank
Keep healthcare out of GST purview: Assocham
GST tableau in Republic Day parade.
GST to ease loan access for millions of firms: Nandan Nilekani
Entrust implementation of GST to IRS officials’ The implementation of Goods and Services Tax (GST) should be entrusted to IRS officials to make them play a greater role in enhancing tax collections, said MP P. Ravindra Babu, who is also a former IRS officer. Participating as a chief guest at the International Customs Day celebrations – 2017 held at the Custom House, here on Friday, Dr. Ravindra Babu recalled how he had raised the GST issue in Parliament. Referring to the IRS officers and other Customs and Central Excise officials, present at the meeting, as ‘colleagues’, he called upon them to take up the issue collectively to the Centre by involving the trade. On the issue of delays in the promotion of Customs officers, the MP said the CAT judgment on the applicability of reservations was referred to the Supreme Court and the latter suggested an amendment of the Constitution in this regard. The Amendment Bill was passed by the Rajya Sabha but unfortunately before it could be passed by the Lok Sabha, it was dissolved and after 2014 elections no one took up the cause. Dr. Ravindra Babu, a medical student of Andhra Medical College, called upon his ‘IRS colleagues’ to organise all India meets and regional meets and come to Delhi with a memorandum for submission to the Prime Minister. He also favoured improvement of the infrastructure of the Customs Department and assured of his help in bringing it to the notice of the Centre. Commissioner of Customs B. Hareram underlined the importance of ‘Data analysis’ in Custom clearances and other port-related services and activities. He spoke about the expansion of port and other allied activities, congestion at ports, establishment of Container Freight Stations and various aspects of customs, tariff and non-tariff barriers. Chief Operating Officer of VCTPL Sushil Mulchandani spoke on data sharing and appreciated the proactive role played by the Custom officials in trade facilitation. Officer-on-Special Duty (AP Bhavan, New Delhi) M. Rama Rao spoke. Assistant Commissioner of Customs S.K. Dutta was present.
GST: striking a balance Various products such as food grains, essential medicines, fruits, vegetables and others may fall under the bracket of nil tax.
From GST To Demonetisation And More, Here Are Five Risks That Can Hamper India’s Economic Growth.
Customs and excise officials upset with GST administration deal with states
GST: Centre, States reach consensus over dual control, rollout likely from July 1
Still the situation is fluid. The possibility of further postponement to 1.9.2017 cannot be ruled out.
Chairman of the Empowered Committee of Ministers on GST, Amit Mitra, today said "many issues needed to be resolved to make an ideal Goods and Services Tax".
Sri Kastiei Sir, i agree with your views Sir
GST protest: 70,000 tax officers to wear black bands to work tomorrow.
IRS officers protest against GST council's decisions
Tech players brace for GST impact, want manufacturing norms to ease.
Solar players expect tax incentives in budget, uncertainty over GST remains.
Budget 2017: Lower tax rates, definitive GST plan and other expectations post demonetisation Considering this rough run-up, there are high expectations of the government announcing various “feel-good” factors in the Budget 2017.
New Delhi-based Marg Compusoft to set up 14 GST help desks in Hyderabad.
REAL ESTATE SECTOR NEEDS STRATEGIC PUSH; MORE CLARITY ON FINAL GST RATE. Old Query - New Comments are closed. |
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