GST Council

Various recommendations given to the GST Council by the Group of Finance Ministers of the State have been accepted. Among these recommendations were to make GST more rational and to eliminate GST exemption from many goods and services.

Gross GST revenue collected for February 2022 was Rs 1,33,026 crore. This is the fifth time when the GST collection has crossed Rs 1.30 lakh crore.

It is not possible to bring petrol and diesel under the Goods and Services Tax (GST) for the next eight to ten years as it will cause more than two lakh crore rupees annually to the states, BJP MP Sushil Kumar Modi said in the Rajya Sabha…

For relief from the ever-increasing prices of petrol and diesel, the demand to bring petrol and diesel under the purview of GST has been rising for a long time. Recently, the Finance Minister had said that there is currently no proposal to…

GST is an Indirect Tax which has displaced many Indirect Taxes in India. The Goods and Service Tax Act were enacted in the Parliament on 29th March 2017. The Act evolved into effect on 1st July 2017; Goods & Services Tax Law in India is…