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GST on white goods may be cut; refrigerators, washing machines could soon be cheaper

Indian consumers are likely to reap another round of big benefits in the next round of GST rate rejig. As per reports, the government may soon cut rates on consumer durables such as refrigerators and washing machines, which are currently in the 28% tax bracket. The move is likely to be a significant boost for […]

GST Anti-Profiteering Authority Gets Cabinet Nod

This reflects government’s full commitment to take all possible steps to ensure benefits of implementation of GST to the common man, said Union Minister Ravi Shankar Prasad. New Delhi: The Union Cabinet on Thursday approved setting up of a National Anti-profiteering Authority under the GST, as it seeks to ensure that consumers get the benefit […]

GST Rates May Be Reduced For Furniture, Plastic Items, Shampoo, Wash Basins

The GST (Goods and Service Tax) rates on many household items could change soon depending on the decision of the all-powerful GST Council which meets next on November 10. The GST is likely to consider lowering GST rate on certain common use items such as handmade furniture, plastic products and daily use items like shampoo. […]

GST structure revised relief to SM, exporters: people celebrate all over country

New Delhi: there may be noise over heavy tax burden on small businesses but initial data does not support the complaint. It turns out that over 40 per cent of the 54 lakh businesses which filed GST returns in July claimed ‘nil’ tax liability and paid no tax. This means that around 22 lakhs did […]

How to download GST Rates Finder App launched by CBEC; follow these simple steps

How to download GST Rates Finder App: Central Board of Excise and Customs (CBEC) launched GST rates finder app on Friday evening. This new mobile app has been launched by the Government of India to clear all doubts about the different GST rates. For the time being, the app is available for the Android platform and will […]

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