What is Compensation Cess in GST Act? Compensation cess is a type of charge levied on certain goods in addition to the applicable GST and it was introduced as part of the GST Act. Compensation cess is currently applicable to […]

GST on Commercial Vehicles. Commercial vehicles such as those designed for carrying passengers, goods or for agricultural use typically feature a GST on car in India and other vehicles are ranging from 12% to 28%. Before going through the GST […]

GST on car for personal use. Vehicles for personal use such as motor cars, motor vehicles and even bicycles feature GST ranging from 5% to 12%.   GST rate applicable to vehicles is 5% on carriages (motorized/non-motorized) for use by disabled […]

GST on Cars in India Introduction Goods and Services Tax (GST) currently applies to most goods and services in India including motor vehicles. GST on cars in India is applicable on multiple slab rates of 5%, 12%, 18%, and 28%. […]

Looking for the updates of the 1st GST Council Meeting? Here are the most important ones- Scheduled Implementation A timetable was proposed for completing various steps in order to implement GST by 1 st April 2017. He stated that the […]

Looking for the updates of the 26th GST Council Meeting? Here are the most important ones.    The current system of filing of GSTR-3B and GSTR-1 has been extended till June 2018. The simplification of the return filing process is […]

Looking for the updates of the 24th GST Council Meeting? Here are the most important ones.    The nationwide e-way Bill system will be ready to be rolled out on a trial basis latest by 16th January 2018. Trade and […]

Looking for the updates of the 23rd GST Council Meeting? Here are the most important ones.    Changes in Composition Scheme:- Composition scheme limit to be increased to Rs 1.5 crore (can be extended to Rs 2 crore later)*. 1 […]

Looking for the updates of the 21st GST Council Meeting? Here are the most important ones.    In view of the difficulties being faced by taxpayers in filing returns, the following revised schedule has been approved:    GSTR- 1 July […]