Tag: Gst

Bhubaneswar: The State Cabinet today reportedly approved a proposal to bring forest produce including wood, Bamboo and Kendu leaf under Goods and Services Tax (GST). Besides, the Cabinet has also approved establishment of an Asian Public Health University for clinical research in the State. As per sources, the health university will be established in association […]

Bhubaneswar: The Odisha government’s tax collection amount has increased by 2.3% to Rs 3,735.14 crore this year after implementation of the Goods and Services Tax (GST), informed Finance Minister Sashi Bhusan Behera in the State Assembly. In the pre-GST regime, the State had collected Rs 3,691.28 crore during last year, the minister added. He, however, […]

The Narendra Modi-led BJP government will present its last full-year budget on February 1 next year. There are chances that it will announce measures to make the tax system reasonable and simple. Finance minister Arun Jaitley is likely to come up with some measures in the Union Budget for 2018-19 bringing relief to crores of […]

Bhubaneswar/New Delhi: The deadline for filing the GST sales return — GSTR-1 — which was to expire today has been extended for five more days till September 10, official sources said. The Central Board of Excise and Customs (CBEC), in a tweet said, “GIC (GST Implementation Committee) decides to extend date of GSTR 1, GSTR […]

Bhubaneswar: The Cooperation Department has directed Markfed and fertiliser traders to sell old stock at revised price following implementation of GST. The directive comes after some traders were caught selling the fertilisers at old price despite a slash in price post GST. Even the Ministry of Chemicals & Fertilizers recently wrote to the State to […]

Bhubaneswar: Have you ever been a victim of teleshopping fraud? It was nothing less than a shock for Bhubaneswar resident Bikrant Kumar who received small idols of deities instead of a phone he had ordered through teleshopping. According to reports, some days back Bikrant had received a call from an unknown number and was offered […]

Bhubaneswar: The prices of many packaged goods have changed after GST was implemented. Yet, many malls have been selling packaged goods at old prices. The Weights and Measures department has conducted raids at several malls in the city today and issued notices to two malls for not tagging new prices on packaged goods. “We have […]

Bhubaneswar: The State’s Food Supplies and Consumer Welfare minister Surya Narayan Patro today said traders have been asked to sell packaged food items with new rates pasted on them as the Goods and Sales Tax (GST) has come into effect. Talking to media, the minister said, “Action will be taken against traders if they are […]

Shaktikanta Das, Former Revenue and Economic Affairs Secretary, was one of the 11 persons who were instrumental in giving GST its present shape soon after the Modi government took charge. As revenue secretary, he worked closely with all the others including Arun Jaitley and the empowered committee of state finance ministers to come up with […]

Bhubaneswar: While congratulating the country on Goods and Services Tax (GST) rollout today, Chief Minister Naveen Patnaik stated its implementation should be smooth and benefit the common man, trade and industry. Patnaik had mentioned in his tweet that he is glad as Odisha played an important role in GST rollout. With #GSTRollOut, India transforms into […]

New Delhi/Bhubaneswar: At the stroke of the midnight hour, India marked a new era by rolling out its unified indirect taxation regime, the Goods and Services Tax (GST) which aims to bind the country under an idea of “one nation, one tax, one market”. President Pranab Mukherjee and Prime Minister Narendra Modi pressed button to […]

New Delhi: Goods and Service Tax (GST) being touted as the  the biggest tax reform of the country, is all set to be launched by Prime Minister Narendra Modi at Parliament’s historic Central Hall at midnight. President Pranab Mukherkee will also be present at the event. Here’s a quick look at some updates ahead of […]

New Delhi/Bhubaneswar: Odisha Finance Minister Shashi Bhusan Behera and Principal Secretary of Finance department Tuhin Kanta Pandey are scheduled to attend the Goods and Services Tax (GST) launch ceremony at the Parliament Central Hall on midnight. Chief Ministers of States, MPs and Opposition leaders have been invited to the function where Union Finance Minister Arun […]

Considered to be one of the biggest tax reforms since Independence, the Goods and Services Tax is all set to impact the prices of every good and service. Here is a list of the goods and services and the taxes they will attract under the GST regime. GOODS Exempted Milk, eggs, salt, fresh vegetables, fruits, […]

Bhubaneswar: The Goods and Services Tax (GST) Bill will be taken up for discussion in the Odisha Legislative Assembly tomorrow after the members of the house unanimously approved a motion for the same. Earlier today, Finance minister Sashibhushan Behera introduced the GST Bill 2017 and the VAT amendment Bill. However, having received the copy of […]