Break BJP's prison, bring people's govt in 2024: Mamata Banerjee at TMC rally
  • 21 Jul 2022 02:27 PM
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Break BJP's prison, bring people's govt in 2024: Mamata Banerjee at TMC rally

Source: https://www.livemint.com/politics/news/break-bjp-s-prison-bring-people-s-govt-in-2024-mamata-banerjee-at-tmc-rally-11658392447054.html

Addressing the Shaheed Diwas (Martyr's Day) rally in Kolkata, West Bengal Chief Minister and Trinamool Congress (TMC) supremo Mamata Banerjee on Thursday attacked the Bharatiya Janata Party (BJP), saying the party is trying to break all state governments.

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No GST on items sold by Kudumbashree or small stores, says Kerala government
  • 20 Jul 2022 02:35 PM
  • New

No GST on items sold by Kudumbashree or small stores, says Kerala government

Source: https://www.livemint.com/news/india/no-gst-on-items-sold-by-kudumbashree-or-small-stores-says-kerala-government-11658274587177.html

Amid growing protest over the imposition of Goods and Services Tax (GST) on essential commodities, Kerala government said on 19 July that it does not intend to tax items sold by entities like Kudumbashree, or small stores in 1 or 2 kg packets.

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FM clarifies on GST on pre-packed or pre-labeled Food Items on Twitter
  • 20 Jul 2022 04:05 PM
  • New

FM clarifies on GST on pre-packed or pre-labeled Food Items on Twitter

Source: https://taxguru.in/goods-and-service-tax/fm-clarifies-gst-pre-packed-pre-labeled-food-items-twitter.html

The GST Council has exempt from GST, all items specified below in the list, when sold loose, and not pre-packed or pre-labeled. They will not attract any GST. The decision is of the GST Council and no one member.

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Traders’ body pitches for withdrawal of 5% GST on unbranded foodgrains
  • 20 Jul 2022 05:38 PM

Traders’ body pitches for withdrawal of 5% GST on unbranded foodgrains

Source: https://www.livemint.com/news/india/traders-body-pitches-for-withdrawal-of-5-gst-on-unbranded-foodgrains-11658317586532.html

Bengaluru: The Confederation of All India Traders (CAIT) on Wednesday wrote to chief ministers and finance ministers of all states demanding the withdrawal of the 5% goods and services tax imposed on unbranded foodgrains and other items that came into effect from Monday.

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Now, stock exchanges, people dealing in securities to pay 18% GST on Sebi charges
  • 19 Jul 2022 01:47 PM

Now, stock exchanges, people dealing in securities to pay 18% GST on Sebi charges

Source: https://www.livemint.com/companies/news/now-stock-exchanges-people-dealing-in-securities-to-pay-18-gst-on-sebi-fees-11658149467915.html

Market infrastructure institutions or persons dealing in the securities market will now have to pay a GST rate of 18% on the fees and charges paid to market regulator SEBI. The new rule has come into effect from July 18 onward. The announcement on Monday follows the GST Council's recommendation to withdraw the exemption granted to services by Sebi.

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Continued reforms helped in GST buoyancy: Nirmala Sitharaman
  • 19 Jul 2022 01:56 PM

Continued reforms helped in GST buoyancy: Nirmala Sitharaman

Source: https://www.livemint.com/politics/policy/continued-reforms-helped-in-gst-buoyancy-nirmala-sitharaman-11658153890189.html

NEW DE;LHI : As a result of continued reforms in Goods and Services Tax (GST) undertaken by central and state governments on the recommendations of the GST Council, buoyancy in GST revenue has been achieved in the recent months, finance minister Nirmala Sitharaman informed Parliament on Monday.

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‘GST on unbranded food packs good move’
  • 19 Jul 2022 02:25 PM

‘GST on unbranded food packs good move’

Source: https://www.livemint.com/industry/retail/gst-on-unbranded-food-packs-good-move-11658170178535.html

NEW DELHI : Organized players are set to benefit from the government’s move to tax unbranded, pre-packaged food products, such as rice, wheat and flour, as it creates a level playing field in the market, said a top executive at Adani Wilmar Ltd.

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GST and inflation protest stalls Parliament, opposition demands discussion
  • 19 Jul 2022 02:34 PM

GST and inflation protest stalls Parliament, opposition demands discussion

Source: https://www.livemint.com/news/india/gst-and-inflation-protest-stalls-parliament-opposition-demands-discussion-11658211576190.html

Opposition was seen cornering the government over GST and inflation on the second day of the monsoon session as well with Rahul Gandhi protesting at Parliament along with other Congress MPs inclduing Leader of Opposition in Rajya Sabha Mallikarjun Kharge, KC Venugopal, Adhir Ranjan Chowdhury, and Shiv Sena MP Priyanka Chaturvedi.

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No GST will be levied on these 14 items when sold loose: FM Sitharaman
  • 19 Jul 2022 05:16 PM

No GST will be levied on these 14 items when sold loose: FM Sitharaman

Source: https://www.livemint.com/news/india/no-gst-will-be-levied-on-these-14-items-when-sold-loose-fm-sitharaman-11658223244323.html

Union Finance Minister Nirmala Sitharaman on Tuesday released a list of items that will not attract any GST, when sold loose, and not pre-packed or pre-labeled.

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GST on pre-packed food items: Sitharaman says Council unanimously decided tax
  • 19 Jul 2022 05:56 PM

GST on pre-packed food items: Sitharaman says Council unanimously decided tax

Source: https://www.livemint.com/news/india/gst-council-unanimously-decided-on-taxation-of-pre-packed-food-items-says-fm-11658231592078.html

New Delhi: Finance minister Nirmala Sitharaman on Tuesday defended the imposition of 5% Goods and Services Tax (GST) on food articles such as cereals, rice, flour and curd which are pre-packaged and labelled, saying it was a unanimous decision of the GST Council last month in which even non-BJP ruled states were also present.

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