Gst Compensation Cess
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West Bengal Says Centre Owes It Rs 2,409 Crore As GST Compensation
The West Bengal government on Friday night said the Centre owes it Rs 2,409.96 crore, responding to Union Finance Minister Nirmala Sitharaman's statement that the state has not sent GST compensation cess claim with accountant general (AG) certificate
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Opposition-Ruled States Demand Extension Of GST Compensation Regime
Finance ministers of Opposition-ruled states have demanded that the GST compensation cess regime be extended beyond June 2022.
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No "Diversion" Of GST Compensation, Says Centre After Auditor's Report
Sources in the Finance Ministry have dismissed allegations ofa "diversion" of Rs 47,271 crore from the GST Compensation Cess Fund and saidall amounts due to state and union territories for 2017/18 and 2018/19 had been fully paid
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"Betrayal": Mamata Banerjee, 5 Other Chief Ministers Write To PM Over GST
The chief ministers of six non-BJP-ruled states have written to the centre to remind it of its "constitutional" responsibilities in the stand-off over the Rs 2.35 lakh crore shortfall in GST compensation and financial relief (from the pandemic) due to states. Mamata Banerjee (Bengal), Pinarayi Vijayan (Kerala), Arvind Kejriwal (Delhi), Edappadi K P...
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"We Feel Embarrassed": States To Nirmala Sitharaman Over GST Compensation
It is embarrassing to come and ask for money, Union Finance Minister Nirmala Sitharaman was told by counterparts from Kerala, Rajasthan, Punjab, Madhya Pradesh, Chhattisgarh and Delhi at a meeting in Delhi today
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GST Cess: Bill Allowing Cess Increase On Luxury Cars Passed By Lok Sabha
In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury car...
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Bill On GST Compensation Cess To Be Debated In Lok Sabha Today
A bill that would replace an ordinance through which tax rates on various motor vehicles were hiked to a maximum of 25 per cent under the Goods and Services Tax or GST, will come up for consideration in the Lok Sabha today.
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GST Collection Stands At Rs 92,150 Crore In September
Collection under compensation cess stood at Rs 7,988 crore, of which Rs 722 crore is compensation cess from imports in September.
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GST Cess: Honda Cars India Hikes Prices Across Range By Up To Rs. 89,000
Honda Cars India has hikes prices across its premium model range. The Honda City sedan, BR-V compact SUV and the CR-V SUV witness a price increase between Rs. 7003 and Rs. 89,069. The revised prices came into effect since September 11, a day after the GST council cleared additional compensation cess GST between 2-7 per cent on premium vehicles.
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GST Cess Hike In Cars To Take Effect From Today
Notification regarding increase in the effective rates of the Compensation Cess on specified motor vehicles will be issued on September 11, 2017, effective from 00 hours the same day.
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GST FAQs: Is Registration Must For Dealing With Tax Exempt Supplies?
The CBEC shed light on a variety of topics including GST registration, the nil tax slab, inter-state supply, turnover, voluntary registration and cess.
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Arun Jaitley Favours Lower GST Rates For Essential Products, Higher Bracket For Luxury Goods
Finance Minister Arun Jaitley today favoured levy of cess on tobacco and luxury products to compensate states for loss of revenue on GST saying the cost of funding that through an additional tax would be "exorbitantly high and almost unbearable".
-
West Bengal Says Centre Owes It Rs 2,409 Crore As GST Compensation
The West Bengal government on Friday night said the Centre owes it Rs 2,409.96 crore, responding to Union Finance Minister Nirmala Sitharaman's statement that the state has not sent GST compensation cess claim with accountant general (AG) certificate
-
Opposition-Ruled States Demand Extension Of GST Compensation Regime
Finance ministers of Opposition-ruled states have demanded that the GST compensation cess regime be extended beyond June 2022.
-
No "Diversion" Of GST Compensation, Says Centre After Auditor's Report
Sources in the Finance Ministry have dismissed allegations ofa "diversion" of Rs 47,271 crore from the GST Compensation Cess Fund and saidall amounts due to state and union territories for 2017/18 and 2018/19 had been fully paid
-
"Betrayal": Mamata Banerjee, 5 Other Chief Ministers Write To PM Over GST
The chief ministers of six non-BJP-ruled states have written to the centre to remind it of its "constitutional" responsibilities in the stand-off over the Rs 2.35 lakh crore shortfall in GST compensation and financial relief (from the pandemic) due to states. Mamata Banerjee (Bengal), Pinarayi Vijayan (Kerala), Arvind Kejriwal (Delhi), Edappadi K P...
-
"We Feel Embarrassed": States To Nirmala Sitharaman Over GST Compensation
It is embarrassing to come and ask for money, Union Finance Minister Nirmala Sitharaman was told by counterparts from Kerala, Rajasthan, Punjab, Madhya Pradesh, Chhattisgarh and Delhi at a meeting in Delhi today
-
GST Cess: Bill Allowing Cess Increase On Luxury Cars Passed By Lok Sabha
In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury car...
-
Bill On GST Compensation Cess To Be Debated In Lok Sabha Today
A bill that would replace an ordinance through which tax rates on various motor vehicles were hiked to a maximum of 25 per cent under the Goods and Services Tax or GST, will come up for consideration in the Lok Sabha today.
-
GST Collection Stands At Rs 92,150 Crore In September
Collection under compensation cess stood at Rs 7,988 crore, of which Rs 722 crore is compensation cess from imports in September.
-
GST Cess: Honda Cars India Hikes Prices Across Range By Up To Rs. 89,000
Honda Cars India has hikes prices across its premium model range. The Honda City sedan, BR-V compact SUV and the CR-V SUV witness a price increase between Rs. 7003 and Rs. 89,069. The revised prices came into effect since September 11, a day after the GST council cleared additional compensation cess GST between 2-7 per cent on premium vehicles.
-
GST Cess Hike In Cars To Take Effect From Today
Notification regarding increase in the effective rates of the Compensation Cess on specified motor vehicles will be issued on September 11, 2017, effective from 00 hours the same day.
-
GST FAQs: Is Registration Must For Dealing With Tax Exempt Supplies?
The CBEC shed light on a variety of topics including GST registration, the nil tax slab, inter-state supply, turnover, voluntary registration and cess.
-
Arun Jaitley Favours Lower GST Rates For Essential Products, Higher Bracket For Luxury Goods
Finance Minister Arun Jaitley today favoured levy of cess on tobacco and luxury products to compensate states for loss of revenue on GST saying the cost of funding that through an additional tax would be "exorbitantly high and almost unbearable".
