Petrol, diesel may be brought under GST in future: Goyal

DHNS
July 3, 2017

Bengaluru, Jul 3: Union Minister for Energy Piyush Goyal interacted with members of the public on Sunday to clarify their doubts about the newly introduced Goods and Services Tax (GST).

Goyal1

The interactive session was organised by the Byatarayanapura and Hebbal mandals of Bharatiya Janata Party (BJP) at the Sri Ramana Maharshi Heritage Auditorium in Sanjay Nagar.

Addressing the gathering, Goyal said, “GST is a transformative move which will benefit the poor, farmers and the middle-class the most. The credit goes not only to the prime minister but also to the different political parties for supporting it. This is an excellent example of cooperative federalism.”

Goyal and the commissioner for Central GST, Vivek Prakash then answered questions raised by the audience.

A member of the audience asked if a digital advertising company with turnover less than Rs 20 lakh sales would be exempted from GST. Goyal confirmed that it would be, as the exemption is applicable to service providers. He further added that any company which tried to falsely show turnover below the bracket would be caught.

“In GST, there is a reverse charge mechanism. Those who availed of the services will have to pay GST and through that we can know if the service provider is trying to evade tax,” he said.

When asked why petrol and diesel were not included in GST, Goyal said that states could not reach a consensus on this matter and it could be included in the future.

Answering a question on why there were tax rates higher than 28% in some cases, the commissioner said, “In some cases, the tax rate is more than 28% because of cess. This has been included to compensate states if they have a revenue-shortfall due to GST. But this is not a permanent feature and it will be removed later on.”

Goyal2

Comments

Sahil
 - 
Friday, 7 Jul 2017

There are not even 200 people's even they came thinking they will get bottle to drink..God will punish them..

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 15,2020

Mangaluru, Apr 15: Santhosh Kumar Padil, ASI attached to Mangaluru East (Kadri) Police Station, has helped two children unite with their parents in Kerala.

The children had come to Mangaluru during the holidays and could not return to their native place following the closure of border and lockdown. The two children, hailing from Manjeshwara in Kasargod district, were in the house of their relatives in Mangaladevi and were eager to join their parents.

The relatives of the children had brought the issue to the notice of the ASI and sought his help in the matter.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 30,2020

Bengaluru, Jun 30: The judicial, non-judicial and administrative functions of the Karnataka High Court has been suspended for Tuesday, for sanitisation of the entire court complex due to "unavoidable circumstances".

The High Court in a notice informed about the decision on Monday.

"It is hereby notified to the litigant public/learned advocates/party-in-person/officers and staff of the High Court of Karnataka, Principal Bench, Bengaluru that, the judicial/non-judicial/administrative functions of the High Court is hereby suspended for one day -- on June 30, 2020, for sanitisation of entire High Court complex, due to unavoidable circumstances," the notice read.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 14,2020

Bengaluru, July 14: The Karnataka government has allowed some relaxations during the week-long lockdown in Bengaluru urban and rural districts. The lockdown will commence from 8p.m. today (July 14) and end at 5a.m. on July 22.  The government has released the guidelines for lockdown.

Restrictions

*No new flights or trains will be permitted; only flights and trains already scheduled will continue to operate. Flight and train tickets shall serve as passes for movement by taxis/cab aggregators/auto rickshaws.

* Metro rail services prohibited

* Taxis and services of cab aggregators will be prohibited except for emergency and as permitted in guidelines.

* Schools, colleges, educational/training/coaching institutions etc. will remain closed. Online/distance learning shall continue to be permitted. Examination already scheduled shall be permitted

* Hotels, restaurants, and hospitality services, prohibited except those meant for health/police/government officials/healthcare workers. Hotels and restaurants shall be permitted to operate kitchens for takeaway/home delivery of food items only.

* All cinema halls, shopping malls, gymnasiums, sports complexes, stadia, swimming pools, entertainment parks, theatres, bars and auditoriums, assembly halls and similar places.

* All social/political/sports/entertainment/academic/cultural religious functions/other gatherings and large congregations.

* All religious places/places of worship shall be closed for public. Religious congregations are strictly prohibited. Commercial and private establishment shall be closed down

Relaxations (outside containment zone)

* Shops including ration shops (PDS), dealing with food, groceries, fruits and vegetables, etc. to open only from 5 am to 12 noon. Home delivery of essential items shall be encouraged.

* All facilities in the supply chain of essential goods, whether involved in manufacturing, wholesale or retail of such goods through local stores, large brick and mortar stores or e-commerce companies.

* All food processing and related industries.

* Banks, insurance offices and ATM.

* Print and electronic media.

* Telecommunication, internet services, broadcasting and cable services, IT and IT-enabled services with minimum staff for essential purposes. As far as possible, work from home should be encouraged.

* Delivery of essential items such as food, medicines, pharmaceuticals, medical equipment through e-commerce.

* Power generation, transmission and distribution units and services.

* Capital and debt market services and notified by the Securities and Exchange Board of India (Sebi)

* Cold storage and warehousing services.

* Private security services.

* Delivery of goods by E-Commerce companies. Industries/industrial establishments as listed below will be allowed to operate (outside containment zones):

i. Production units which require continuous process, and their supply chain.

ii. Food processing industries, manufacturing of essential goods, including drugs, pharmaceuticals, medical devices, their raw material and intermediates.

iii. Manufacturing of packing materials.

iv. Manufacturing and other industrial establishment with access control in Special Economic Zones (SEZs) or outside municipal limits and Export Oriented Units (EoUs), Industrial townships. Construction activities will be allowed in continuation of works in construction projects, where workers are available on site.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.