GST (Goods and Service Tax), a revolutionary step by the Government of India, which has changed the entire tax structure of the country. The new tax regime was implemented from July 1, 2017, and has ...

The Ministry of Finance on Wednesday issued a Gazette notification revising the Goods and Services Tax (GST) rate framework under the Central Goods and Services Tax Act, 2017. The new rate schedule ...

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India introduces GST 2.0 effective Sept 22, 2025, simplifying tax slabs to 5%, 18%, and 40%, merging cess, revising exemptions, and updating rates for goods, services, and renewable energy ...

SAC or Services Accounting Codes are unique codes offered by CBEC (Central Board of Excise and Customs), which is used for classification of categories of services under Goods and Services Tax (GST).

With GST, most of the goods and services were classified uniformly using Harmonised Commodity Description and Coding System or HSN. The HNS is a multipurpose international product nomenclature ...

The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22. New GST rates: The decision was taken after a marathon day-long GST ...

GST rate cut: The goods and services tax (GST) rate rationalisation announced by the GST Council earlier this month will come into effect today, on September 22, 2025. Union Finance Minister Nirmala ...

GST rate cut: The Goods and Services Tax (GST) Council has announced a revised two-tier structure with rates of 5% and 18%. Union finance minister Nirmala Sitharaman said the changes are part of a ...

Kotak report said that assuming a full pass through of the GST rate reduction to customers, it expects on-road prices of passenger vehicles to reduce between 2-9 per cent across most segments.(PTI) ...