Entry Tax

In a landmark move, a nine-Judge-bench of the Supreme Court of India has upheld the constitutionality of entry tax stating protection under Article 301 does not apply to taxes, reports CNBC-TV18.

Nine-judge SC bench to hear entry tax case

The bench will hear over 2,000 pleas filed by manufacturers and associations challenging the levy of entry tax by various states.

Flipkart challenges entry tax on online sale in Gujarat in HC

Gujarat High Court today issued a notice to the state Government on a petition filed by the online retail major Flipkart against the entry tax in the state on the goods bought through the e-commerce portals.

SC may reverse interim relief granted to cos on state entry tax

The Supreme Court may vacate its earlier stance of providing relief on the contentious entry tax issue, and may now ask companies to pay full 100 percent of entry tax due.

Final GST rate of 20-22% ideal: KPMG's Menon

Menon says a high GST rate would lead to tax evasion and thereby lower compliance

Cabinet clears GST Bill, may be presented in Parl soon

Sachin Menon, COO tax and head of indirect tax, KPMG says India can't have a perfect GST given the demographic situation and the peculiar federal structure. However, this bill will most definitely improve the ease of doing business.

States, Centre reach consensus on GST Bill

Sources also say that petroleum products are likely to be kept outside the Bill. Also, the Centre may try for a constitutional provision for the GST compensation fund. The entry tax is likely to be subsumed into GST.

GST: Centre to rework draft bill

States stood firm over their demands - infact, all states except one rejected the Centre's draft bill to amend the constitution.

Setback for Centre's GST plan as States reject draft bill

The State governments want their original demands on Constitutional Bill to be met by the Centre and will communicate their dissent to the FM.

These three issues stand between GST and its rollout

Inclusion of lucrative products such as alcohol and petroleum, mechanism for compensation loss and a decision on the revenue-neutral rate are issues that still need resolution for GST to be rolled out successfully.

Delay in GST likely; decision after 2014 polls

The Parliament's Standing Committee on Goods and Services Tax (GST), headed by Yashwant Sinha, sent back its key suggestions to be incorporated in the bill.

Oil companies flayed for hike in petrol price hike

Bihar today accused oil companies for increasing the prices of petrol products without consulting the state government on irrecoverable taxes.