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Goods and Services Tax

Economy

GST Council clears “track and trace” mechanism, cigarettes and pan masala likely first targets

Cigarettes are expected to be among the first products brought under a "track and trace mechanism" aimed at curbing tax evasion, following amendments...
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Business

GST Council meet key decisions: No GST on bank penal charges, clarity on tax rate on popcorn & more – top announcements

GST council has sanctioned a rate increase to 18% from 12% for transactions involving the sale of old and used cars. GST...
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Economy

GSTN restores July, August 2017 GST returns data

GST Network on Sunday said the monthly returns data of July and August 2017, the initial months of the Goods and Services Tax...
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