Currently, there are 17 items in the negative list of services on which service tax is not levied.
The meeting of the Fitment Committee and preparatory meeting of the officers was convened at SKICC here today in this regard.
Earlier in the day, Kerala Finance Minister Thomas Issac who is a member of the GST Council had said that services will also attract a four-tier tax slab similar to goods that are being taxed at 5, 12, 18 and 28 per cent. Tax slabs have been decided for about 80 per cent of items, though decision regarding contentious items like motor vehicles, beedi, coconut oil will be taken up for discussion in the Council's meeting, an official said. On top of that there are over 60 services, like religious pilgrimage, healthcare, education, skill development, journalistic activities, which are exempt from service tax. The compensation would be met through levy of a "GST Compensation Cess" on luxury items and sin goods like tobacco, for the first five years.
As the government inches closer towards the rollout of the country's biggest indirect tax reform, the Goods and Services Tax (GST) Council headed by Finance Ministry Arun Jaitley is likely to finalise the rates that various goods and services will attract from July 1.
Tottenham ready to give up on EPL title
Dier added: "We brought it [the deficit to Chelsea] back to four points but after today it's almost impossible now". Tottenham spent most of last season in second place, but faltered in mid to late May, and finished third.
While the GST Council has agreed to subsume several taxes, including central excise, state VAT, service tax, central sales tax and octroi, it has kept around a third of state revenues outside the GST ambit.
The final rates are expected to be fixed in a way such that the impact on inflation as well as revenue to the government is near neutral.
The cess on luxury goods have been capped at 15 percent.
Jaitley had earlier this month expressed confidence of the GST Council arriving at tax rates in the May 18-19 meeting.
The Wizards got into the paint with nearly no resistance and despite starting Amir Johnson , there was zero presence on the glass. He was loudly booed every time he touched the ball, including a missed three with a minute left in the first quarter.
The news is a relief to markets as Macron's Pro-EU stance is more favourable to Euro investors than Le Pen's anti-EU attitude. Within minutes of Sunday's results, a defeated Le Pen sounded the charge for her next battle against the "globalist" Macron.
At the retail level, the estimated value was Rs 73,289 crore with an increase of 12.44 per cent over the previous year. CMFRI's landing report showed that chub mackerel ( Scomber indicus ) was limited to the Kerala coasts alone.
Which horse will come out on top? On paper, it's Always Dreaming's race to lose, but these events often don't follow the script. What post position did Kentucky Derby victor Always Dreaming draw for Saturday's Preakness Stakes? He has the pedigree.
The smartphone was unveiled in India last week; it is now available in mobile stores from Friday (19 May) for the buyers. Also, the less awareness of Tizen OS in Indian market can be a threat for Samsung resulting in low sales.
It now has a Sesame Place theme park in Langhorne, Pennsylvania, between Philadelphia and New York City, which opened in 1980. The new park will open no later than mid-2021, but a location hasn't been determined, officials said.
The biggest change you can see is the reuniting of Carl Hagelin, Nick Bonino, and Phil Kessel , otherwise known as the HBK line. Crosby went into the boards after taking a nudge from Capitals defenseman John Carlson with 2:13 remaining in the first period.
It's unpleasant", Justice Manmohan said, adding that "cross-examination should be carried out in accordance with the law". The court said such a manner of cross-examination could not be allowed and something had to be done.
Moto C & C Plus Won't Let Price Bring It Down
Combined with the low-power processors and low-resolution screens, both phones should have great battery life in real-world usage. They are expected to launch a slew of devices, most of which will be refined versions of their previous flagship smartphones.
Asian shares mixed as Trump, Brazil worries simmer
Temer refused on Thursday to resign after the Supreme Court authorized an investigation into the allegations. Strong economic indicators from the U.S. helped lift the dollar overnight, but it slipped back on Friday.
Andy Samberg Returns In Trailer For 'Tour De Pharmacy'
Tour De Pharmacy will premiere on HBO in the States on 8 July, with no set release date for the UK & Ireland just yet. Riddled with nefarious characters, that year's competition was a hornet's nest of moral depravity.
Appeals court strikes down FAA drone registration rule
The drone registration system took flight two years ago, telling owners to pay $5 apiece or face potential criminal charges. The FAA's 2015 Registration Rule , which applies to model aircraft, directly violates that clear statutory prohibition.