The Latest Breaking News from GST

GST on curd, buttermilk: Farmers, cooperatives fear price hike

Officials of cooperatives say that the prices of milk by-products will be increased if GST is raised on dairy machinery and milk machines

The Hindu · Jul 3, 2022

GST is a pro-people reform: Governor

‘The Centre has increased the tax base and reducing the average tax rates’

The Hindu · Jul 1, 2022

Reset mode: On GST reform

As GST turns five, its metamorphosis into a truly Good and Simple Tax needs greater Centre-States dialogue 

The Hindu · Jul 1, 2022

Karnataka placed second in collection of GST in India

GST Day will be celebrated in Belagavi on July 1 to mark completion of five years of Goods & Services Tax

The Hindu · Jun 30, 2022

GST Council meeting in August to decide on extension of compensation to States: Karnataka CM

After incurring huge revenue loss in the two years of the COVID-19 pandemic, States have sought an extension of the compensation mechanism for another five years, till 2027

The Hindu · Jun 30, 2022

Harish Rao concerned over diversion of huge revenue after State split, non-updation of tax payers’ addresses

Minister raises the issue during GST Council meeting in Chandigarh 

The Hindu · Jun 29, 2022

Rate tweaks to make up for inefficiencies in value chain; states conscious of inflation impact: Finance minister

CHANDIGARH: Finance minister Nirmala Sitharaman on Wednesday said any increase in GST rates under the rate rationalisation exercise is intended to make up for the 'inefficiencies' in the value chain.

The Times of India · Jun 29, 2022

West Bengal govt. asks Centre to take decisions at GST council by consensus

"Post decision of the SC, it has become imperative for the GST council to take every decision by consensus and to leave aside any shade of majoritarianism, not only for the future credibility of GST council but also to uphold the rich tradition of this august body"

The Hindu · Jun 28, 2022

CM hopeful on GST compensation to States

Bengaluru

The Hindu · Jun 27, 2022

Restoration of trust between States and Centre essential for smooth continuation of GST system: Praveen Chakravarty

 States should get direct taxation powers, extension of revenue guarantee, says Praveen Chakravarty, Chairman of the Congress Data Analytics Department

The Hindu · Jun 26, 2022