gstcouncil
By Nidhi Jacob Indian National Congress President Mallikarjun Kharge recently claimed that the Uttarakhand government has imposed an 18% GST (Good and Services Tax) on the Ganga water. However, the Finance Ministry's Department of Revenue dismissed his claim. This came after PM Narendra Modi’s day-long visit to Uttarakhand on October 12. He had performed religious ceremonies at Parvati Kund and had also visited the Pithoragarh district for the inauguration of various development projects worth around Rs 4200 crore. Criticising the Bharatiya Janata Party (BJP)-led government, Kharge, in a post ...
BOOM Live
By Mohammed Kudrati A viral graphic circulating on WhatsApp is misinterpreting a poster put out by the Ministry of Finance to state that the rates of Goods and Services Tax (GST) on certain items would be significantly slashed. The poster was put out by the government through the Ministry of Finance on June 30 to commemorate six years of the introduction of GST, which took place on July 1, 2017. It shows the rates of taxes on certain electronic items and LPG cylinders, which is a common household fuel, before the regime was introduced compared to the taxes under it. This is being misconstrued ...
BOOM Live
By Mohammed Kudrati Ever since the 47th GST Council announced changes in GST rates and addition of new services under the regime, a lot of false claims have gone viral on social media. These false claims ranged from imposition of GST on residential rent to the usage of public toilets and even cremating the dead. These latest changes in the Goods and Services Tax (GST) regime were made in June and have taken effect on July 18. The changes have faced flak, as they deal with everyday consumer goods such as pre-packaged and pre-labelled food items and on hospital bills. The false claims regarding ...
BOOM Live
By Mohammed Kudrati A viral claim on social media, stating that the government will be charging 18% Goods and Services Tax (GST) on the rent paid by residential tenants is misleading, as the GST will only be levied on those tenants who themselves are registered under the GST. This change largely applies to corporate entities, businesses or persons who are GST-registered, and are renting residential property. It will not apply to salaried individuals since they are not registered under the GST. According to the Central Board of Indirect Taxes, those businesses having a turnover exceeding ₹40 la...
BOOM Live
By Mohammed Kudrati Viral social media posts claiming that Goods and Services Tax (GST) would be levied at a rate of 18% on crematorium services, are misleading. BOOM found that while a recent increase in the GST rates by the GST Council did cover contract work for several infrastructure projects including crematoriums, from 12% to 18%, it did not cover the services provided by the crematorium itself. The services provided by the crematorium to the deceased persons is neither considered to be a good or a service from GST according to the GST Act. The claim is being made satirically, implying t...
BOOM Live
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら