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GST, tobacco and cigarette
GoM proposes hike in GST on aerated drinks, cigarettes & tobacco to 35%
The proposed hike from the current highest slab of 28 per cent would help the Centre and states to make up for the loss from rate cuts on other common-use items
GST on cigarettes, tobacco, aerated beverages likely to be hiked: Here’s what we know
The Group of Ministers on rate rationalisation has finalised its report, which will be presented to the GST Council, reported PTI on Monday. The GoM will likely propose a tax hike on cigarettes, tobacco,
GST Hike on Cigarettes, Tobacco, Beverages: 35% Proposed
India's GST Council may hike taxes on sin goods like cigarettes, tobacco, and aerated beverages to 35% on Dec 21. The decision comes after a GoM recommendation for rate rationalization.
GoM proposes fresh band: 35% GST slab likely for tobacco, aerated drinks
"The GoM on rate rationalisation has completed its report, which proposes major adjustments to tax rates on 148 items, with a particular focus on the textile industry"
GST on cigarettes, tobacco, aerated beverages may be hiked to 35 pc; GST Council decision on Dec 21
The Group of Ministers on GST rate rationalisation decided to increase tax on aerated beverages, cigarettes, and tobacco products to 35% from 28%. Changes to GST rates on apparel and other items are also proposed.
GoM wants 35 per cent GST on tobacco, aerated drinks
The group of ministers (GoM) on the goods and service tax (GST) rate rationalisation has proposed a ‘special rate’ of 35% on several sin items such as tobacco, tobacco products and aerated beverages,
5h
GST rate overhaul: GoM to propose revisions for 150 items, report on Dec 21
GoM recommends GST rate changes to simplify framework, lower rates for textiles, bicycles, exercise books, and essential ...
inc42
1h
17 Crypto Platforms Under Scanner For Alleged GST Evasion Of INR 824 Cr
GST authorities have so far booked as many as 17 crypto exchanges for allegedly evading GST to the tune of INR 824.14 Cr.
11h
on MSN
Cost of health, life insurance to come down if GST Council decides to reduce taxes on premium: FM
Finance Minister Nirmala Sitharaman stated that insurance costs may decrease if the GST Council suggests lowering GST rates ...
7h
MC Exclusive: GST GoM proposes rate tweaks on 148 items, Textile sector braces for major rejig
The GoM has recommended increasing the rate to 28 percent for several luxury goods which are highly priced in textiles, wrist ...
10h
Average GST rate drops to 11.64%; 18% slab contributes most to collection
Goods and services in the 18 per cent slab are estimated to contribute nearly three-fourths of the total GST collection, the ...
Swarajya
4h
India’s GST Revenues Surge By 8.5 Per Cent To Rs 1.82 Lakh Crore In November But Show Sequential Decline From October
GST from domestic transactions rose by 9.4 per cent to Rs 1.40 lakh crore, while revenue from imports grew by 6 per cent to ...
NetNewsLedger
3h
Temporary GST/HST Tax Break: What Thunder Bay Businesses Need to Know
Businesses in Thunder Bay and across Canada should prepare for temporary GST/HST relief as part of new legislation introduced ...
Hosted on MSN
11h
GST Collections Climb To Rs 1.63 Trillion In Nov, Maharashtra's Tax Mop-Up Rises 17 Per Cent
The GST (Goods and Services Tax) mop-up in November surged ahead, official data released by the government on Sunday showed.
10h
on MSN
GST Collection Breakdown: 18% Slab Fuels A Whopping 75% Of Revenue - Govt
Based on current data of GST returns as available with Goods and Service Tax Network, the average GST rate for 2023-24 was 11 ...
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