Ministry of Finance GST Revenue Collections for the Financial Year 2017-18 Total Revenue of Rs. 7.19 lakh crore collected under GST in the period between August 2017 and March 2018 27 APR 2018 During 2017-18, total revenue collected under GST in the period between August 2017 and March 2018 has been Rs. 7.19 lakh crore. This includes Rs. 1.19 lakh crore of CGST, Rs. 1.72 … [Read more...] about GST Revenue Collections for the Financial Year 2017-18
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GST
5% Uniform rate of GST to apply in all railway catering services in trains or on stations
5% GST to Train Food and Drinks Ministry of Finance 5% Uniform rate of GST to apply in all railway catering services in trains or on stations With a view to remove any doubt or uncertainty in the matter and bring uniformity in the rate of GST applicable to supply of food and drinks made available in trains, platforms or stations, it has been clarified with the … [Read more...] about 5% Uniform rate of GST to apply in all railway catering services in trains or on stations
Final Monthly collection figures of GST
Ministry of Finance Final Monthly collection figures of GST 02 APR 2018 The revenue collection figures under GST including CGST, SGST, IGST and cess for the period July 2017 - February 2018 paid in the period July 2017 - March 2018 is as follows: Figures in Rs. Crores) Month GST … [Read more...] about Final Monthly collection figures of GST
Recommendations made by the GST Council for the Housing Sector to promote Affordable Housing for the masses come into force
Ministry of Finance Recommendations made by the GST Council for the Housing Sector to promote Affordable Housing for the masses come into force; Concessional Rate of GST of 12% extended to construction of houses constructed/ acquired under the Credit Linked Subsidy Scheme for EWS, LIG, MIG sections Posted On: 07 FEB 2018 1:45PM by PIB Delhi In its 25th Meeting held on … [Read more...] about Recommendations made by the GST Council for the Housing Sector to promote Affordable Housing for the masses come into force
GST Council recommends relief in GST on Circus, Dance and Theatrical Performances
Ministry of Finance GST Council recommends relief in GST on Circus, Dance and Theatrical Performances Threshold Exemption under GST for admission to such cultural and sports events in the country increased from Rs. 250 to Rs. 500 per person. 7 FEB 2018 1:48PM In its Meeting held on 18th January, 2018, the GST Council has recommended that for the purpose of GST exemption, … [Read more...] about GST Council recommends relief in GST on Circus, Dance and Theatrical Performances
Applicability of Goods and Service tax (GST) on Static Catering Services on IR
Applicability of Goods and Service tax (GST) on Static Catering Services on IR GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) No. 2012/TG.III/631/2 New Delhi Dated 01.12.2017 The General Managers All Indian Railways The CMD/IRCTC New Delhi CMD/KRCL, Navi Mumbai (Commercial Circular No. 79 of 2017) Sub: Applicability of Goods and Service tax (GST) … [Read more...] about Applicability of Goods and Service tax (GST) on Static Catering Services on IR
Government to replace GST ordinance with bill
Government to replace GST ordinance with bill The Cabinet today approved replacing the Goods and Service Tax (Compensation to States) Ordinance by a bill, sources said. The GST (Compensation to States) Act 2017 aims to provide for compensation to the states for the loss of revenue arising on account of implementation of Goods and Service Tax Act, they said. It provides … [Read more...] about Government to replace GST ordinance with bill
7th Pay Commission: Will government raise minimum pay?
7th Pay Commission: Will government raise minimum pay? The pay rise, the finance ministry says, should take place in January, and would mean a pay rise for 4.8 million central government employees and 5.5 million pensioners. If the government decides to implement the rise, which it may do after the completion of Gujarat and Himachal Pradesh assemblies poll process, it would … [Read more...] about 7th Pay Commission: Will government raise minimum pay?
CSD: Volkswagen Car CSD Price list with effect from September 2017
CSD: Volkswagen Car CSD Price list with effect from September 2017 Volkswagen Car CSD Rates - Post GST Price for Polo, Vento and Ameo Volkswagen Car CSD Price list with effect from September 2017 has been published in CSD Official Website. The Canteen Stores Department has released the revised list of CSD rates for all the Polo, Vento and Ameo available in CSD after the … [Read more...] about CSD: Volkswagen Car CSD Price list with effect from September 2017
GST: Clarification about Transition Credit
Clarification about Transition Credit There are lot of speculations in the media about the credit of Rs. 65,000 crore claimed by taxpayers in respect of Central Excise and Service Tax in the pre-GST period. Some people are under the impression that because of Rs. 65,000 crore claimed as transition credit, the income of Government this month has plummeted. Firstly, Rs. … [Read more...] about GST: Clarification about Transition Credit
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