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Rahul Gandhi promises to replace replace Gabbar Singh Tax with single GST slab

INC National President Rahul Gandhi on Saturday promised to bring all goods and services under one tax slab and levy GST on petroleum products if his party comes into power in 2019. Gandhi made the statement while addressing party workers in Jaipur, where he again criticised PM Narendra Modi for …

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CBIC clarifies applicability of GST on various goods and services

Applicability of GST on Fortified Toned Milk:  Representations have been received seeking clarification regarding applicability of GST on Fortified Toned Milk. Milk is classified under heading 0401 and as per S.No. 25 of notification No. 2/2017-Central Tax (Rate) dated 28.06.2017, fresh milk and pasteurised milk, including separated milk, milk and cream, not concentrated nor containing …

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GST collection in May falls to Rs 94,016 crore

GST collections in May declined to Rs 940.16 billion from over Rs 1.03 trillion in April, the Finance Ministry said on Friday. As many as 6.247 million businesses filed their summary sales return GSTR-3B in the month of May. The total gross GST revenue collected in May 2018 is Rs …

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