GST (Goods & Services Tax) Related Discussions

[Amit1079]

If business is less than 75 lakhs yearly,no need of gst,go for composition tax

 

[Sarkar]

DoT suggests cutting GST on telecom services to 12%: Manoj Sinha - ET Telecom

The Telecom Department has suggested the Finance Ministry that GST for telecom services be lowered to 12 per cent against the existing 18 per cent, Parliament was informed today.

The recommendation was made during the process of the Budget exercise, and the matter is with the Department of Revenue under Ministry of Finance for necessary action, Telecom Minister Manoj Sinha said in a written reply to Lok Sabha.

 

[Digital Mastermind]

DoT suggests cutting GST on telecom services to 12%: Manoj Sinha - ET Telecom

The Telecom Department has suggested the Finance Ministry that GST for telecom services be lowered to 12 per cent against the existing 18 per cent, Parliament was informed today.

The recommendation was made during the process of the Budget exercise, and the matter is with the Department of Revenue under Ministry of Finance for necessary action, Telecom Minister Manoj Sinha said in a written reply to Lok Sabha.

Was hoping this would be done soon. If its done DTH and cable networks will too be under 12% tax rate.

Another thing i am confident is that Petrol and Diesel will be brought under GST soon.

 

[Bapun]

Govt notifies 1% GST on manufacturers under composition scheme

 

[Sarkar]

After McDonald’s franchisees, Honda Car dealer, it is FMCG Hindustan Unilever Limited (HUL) that is facing the ire of the government for allegedly not passing on price reduction benefit to consumers post-GST rollout. the Directorate General of Safeguards (DGS) has slapped notice on HUL under the anti-profiteering law.

Anti-Profiteering crackdown: Notice sent to Hindustan Unilever for not passing GST rate cut benefits

 

[RK3394]

GST Council will reduce tax rates for 80 more items, and bring real estate under GST from 1st April.

Union Budget will be good this time, and Fuel may come under GST in next 6 months.

 

[Sarkar]

As Budget 2018 nears, another round of GST rate cut on 70 items on cards at council meeting tomorrow

 

[Sarkar]

GST Council will reduce tax rates for 80 more items, and bring real estate under GST from 1st April.

Union Budget will be good this time, and Fuel may come under GST in next 6 months.

Fuel in GST in 6 months

Impossible

 

[RK3394]

Fuel in GST in 6 months

Impossible

If that happens and if Fuel rates actually gets less. BJP can even win 350+ seats

 

[Sarkar]

If that happens and if Fuel rates actually gets less. BJP can even win 350+ seats

It's not about politics always, It's about economy also, you need to spend thousand of crore to give salary, infra, defence, healthcare, social development and interest of loan taken from international organisation. Who will fund those if tax gets 1/3 on fuel ?