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ITC gains 2 pct after hike on cigarettes prices amid GST

New Delhi , July 24 : Shares of ITC gained 2.4 percent in the morning trade on Monday as the cigarette major hiked select product prices following Goods and Services Tax (GST) Council hiked cess to..
newKerala.com Also reported by •DNASify

Adopt GST and become part of history: Irani to biz community

Calling the Goods and Services Tax (GST) a "great step towards transparency," Union minister Smriti Irani today urged the business community to become a part of this historic tax reform. "GST is not..
Deccan Herald

Videos for "Gst Council"

News video: GST rollout on July 1st midnight; rates fixed for hotels, lottery

GST rollout on July 1st midnight; rates fixed for hotels, lottery 01:10

17th GST Council meeting: No luxury of time to defer GST, says Arun Jaitley Rollout set for July 1; deadline for filing returns for first two months relaxed...
Source: National News -

News video: GST will roll-out on 1st July, confirms Arun Jaitley

GST will roll-out on 1st July, confirms Arun Jaitley 02:34

New Delhi, June 18 (ANI): Union Finance Minister Arun Jaitley on Sunday confirmed that Goods and Service Tax (GST) is all set for a July 1 rollout. Jaitley said the Goods and Service Tax (GST) Council..
Source: News unlimited -

News video: KT Rama Rao attends 17th GST Council Meeting

KT Rama Rao attends 17th GST Council Meeting 00:39

New Delhi, June 18 (ANI): Due to unavailability of Telangana Finance Minister Etela Rajender, IT Minister KT Rama Rao on Sunday attended the 17th GST Council Meeting in New Delhi’s Vigyan Bhavan...
Source: News unlimited -

 

GST Council may take up certain tax issues at August meet

Central Board of Excise and Customs (CBEC) Chairperson Vanaja Sarna also said the department is keeping track of revenue trends post the GST rollout from July 1, but actual positions will be known..
Zee News Also reported by •DNADeccan Herald

Cigarette prices will not rise post cess hike: CBEC

The hike in cess will not result in rise in cigarette prices, Central Board of Excise and Customs Chief Vanaja Sarna said on Wednesday after Cigarette industry body, The Tobacco Institute of India..
Deccan Herald

HC seeks Centre's response to GST on sanitary napkins

The Delhi High Court on Tuesday issued a notice to the Centre seeking a reply on a plea against imposition of 12 per cent Goods and Services Tax (GST) on sanitary napkins. A bench of Acting Chief..
DNA

Tobacco stocks tumble; ITC loses nearly Rs 50,000 cr in mcap

Tobacco stocks today took a beating, led by ITC that plummeted 15 per cent in intra-day wiping out Rs 49,731 crore from its market valuation in a single day, after the GST Council raised the cess on..
DNA

Sensex logs this year's biggest fall, ITC stocks crash after cess hike on cigarettes

Retreating from its record high hit in the previous session, the BSE Sensex today sank about 364 points to post its biggest single-day plunge in eight months, dragged by FMCG giant ITC whose shares..
DNA

18% GST on 5-star, other hotels with tariff less than Rs 7,500

Hotels, including those with 5- star rating, will attract GST rate of 18 per cent for room tariffs of less than Rs 7,500, the government clarified today. As per the rate structure decided by the GST..
DNA Also reported by •Deccan Herald

Sensex sinks 364 pts, ITC crashes 13 per cent

Benchmark Sensex today slipped from life highs to end sharply lower at 31,710.99 by falling 364 points following a steep plunge in ITC Ltd stocks after the GST Council yesterday hiked tax on..
Deccan Herald

Govt raises cess on cigarettes, prices to stay same

The GST Council on Monday stepped in to check the windfall being reaped by cigarette manufacturers and increased the cess by 48 paise to 79p per stick, although the impact on prices is currently..
IndiaTimes

Sensex retreats from record level, plunges by 300 pts

Retreating from its record high level, the benchmark BSE Sensex shed 300 points to touch 31,775.54 in opening trade today amid a weak lead from other Asian markets. The wider NSE Nifty too..
Deccan Herald

GST cess on cigarettes hiked; prices to remain unchanged

The GST Council today raised the cess on cigarettes to take away an estimated Rs 5,000 crore annual "windfall" manufacturers could have reaped from lower GST rates, Finance Minister Arun Jaitley said..
DNA

GST council decides to hike cess on cigarette

The GST Council on Monday hiked cess on cigarettes to take away the "windfall" manufacturers were reaping due to an anomaly that crept in after the GST rate fixation, finance minister Arun Jaitley said..
IndiaTimes

Cess rates make cigarettes costlier

Correcting an anomaly in rate setting by the GST Council, the Centre on Monday increased cess rates on cigarettes which had become cheaper after implementation of the Goods and Services Tax from July..
Deccan Herald

GST Council hikes cess on cigarette to offset makers&#039; windfall

The GST Council on Monday hiked cess on cigarettes to take away the "windfall" manufacturers were reaping due to an anomaly that crept in after the GST rate fixation, Finance Minister Arun Jaitley said..
Zee News Also reported by •DNA

'Govt studying GST impact on telecom'

Telecom Minister Manoj Sinha on Monday said that his ministry will study the impact of the Goods and Services Tax on telecom subscribers, and approach the Finance Ministry in case consumers or players..
Deccan Herald

Analysing impact of GST, input credit in telecom sector: Manoj Sinha

The Communications Ministry will "analyse" the impact of the Goods and Services Tax (GST) on telecom subscribers, and approach the Finance Ministry in case consumers or players face "genuine problems",..
DNA

Government increases cess rates on cigarettes

Correcting an anomaly in rate setting by the GST Council, the government Monday increased cess rates on cigarettes which had become cheaper after implementation of Goods and Services Tax from July..
Deccan Herald

GST Council will meet today to take stock of implementation of new indirect tax

Over two weeks into the Goods and Services Tax regime, the GST Council will meet today in New Delhi, to take stock of the implementation of the new indirect tax. This will be the first meeting of the..
All India Radio


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