States with a strong manufacturing base such as Maharashtra, Gujarat and Tamil Nadu are top performers in Goods and Services Tax (GST) revenue collection, according to new data that should ease the ...

The implementation of nationwide GST replacing the plethora of taxes under the current regime is a historic and transformational reform. The benefits of GST are immense for the manufacturing sector ...

One year of GST: 12 months have already passed since the goods and services tax (GST) was rolled out by PM Narendra Modi. It took all of 16 years and more to ensure it was implemented and though ...

The Council will look at levying the cess at the manufacturing stage based on production capacity as against the current practice of imposing it on supplies made by the manufacturer The anti-evasion ...

The GST Council may consider at the next meet levying cess on commodities like pan masala and bricks at the manufacturing stage itself, a move aimed at checking tax evasion and shoring up revenues.

The government’s decision to slash the goods and services tax (GST) on drones to a flat 5% is set to reduce prices and widen adoption across agriculture, surveillance, mapping, and disaster management ...

The concerns were also expressed by the steel ministry during the meeting that the Clean Energy Cess of Rs 400 per tonne which was being charged pre GST remains effectively non-cenvatable in the new ...

Various departments are working towards a seamless transition to GST With the midnight launch of GST or goods and services tax just around the corner, various departments of the government are working ...

India’s manufacturing sector gives a major thrust to economic growth, contributing to the GDP, creating employment opportunities and attracting foreign investments. The Industrial Policy Resolution of ...