GST On Petrol, Diesel; 28% Tax Plus VAT
The peak GST rate plus VAT will be equal to the present tax incidence, which is made up of excise duty, levied by the centre, and VAT charged by the states. A peak tax...
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Govt to keep petrol, diesel out of GST net
The government has opted to ignore petroleum minister Dharmendra Pradhan’s repeated plea to bring petrol and diesel within the ambit of goods and services tax and decided to put the plan on the backburner,...
GST to keep CV sales in the fast lane
GST to keep CV sales in the fast lane. Rules against overloading, too, to help drive demand as fleet owners look to replace older vehicles. Sales of medium and heavy commercial vehicles (CV Sales) are set...
GST has negligible impact on inter-state truck movement
The one-nation-one-tax Goods and Services Tax (GST) promised to improve the overall business and taxation environment in the country. But as per a latest report by research and analytic company CRISIL seems to point...
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