gst exemption

Many experts from different industries have also underlined the need for a change in income tax structure. Demands of income tax slab changes and exemption limits have seen more voices coming forward and highlighting the need of the…

Nirmala Sitharaman and her State counterparts, had pruned the exemption list and imposed tax on a host of goods and services Nirmala Sitharaman and her State counterparts, had pruned the exemption list and imposed tax on a host of goods…

NEW DELHI: Customers will have to pay 5 per cent GST on pre-packed, labelled food items like atta, paneer and curd, besides hospital rooms with rent above Rs 5,000 from Monday with the GST Council's decision coming into force. In addition,…

NEW DELHI: Revenue secretary Tarun Bajaj on Tuesday said there is scope for further pruning of the GST exemption listand expressed hope that the "rough edges" in the indirect tax regime will be ironed out in the next 2-3 years. He further…

Union finance minister Nirmala Sitharaman on Friday chaired the 45th GST Council meeting that included her counterparts of the Indian states and Union territories (UTs). It was the first physical meeting held since the Covid-19 pandemic,…

A ruling made by the GST Authority for Advance Rulings (AAR-Gujarat) has held that lassi, the fermented milk beverage, is exempt from GST. This ruling was made when a Valsad-based manufacturer and supplier of the product approached it for…