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.
Kerala out of top three in fish catch
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.
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.
However, the bench asked "why this second petition when you have already filed a plea earlier seeking similar reliefs". Divan said the petition for interim reliefs were not listed for hearing before the court by the apex court registry.
Byron McBride , D'Allen Washington and Dwan Wakefield have all been charged with capital murder in the death of Kingston Frazier. Six-year-old Kingston Frazier was last seen at a Kroger store near I-55 in Jackson around 1:15 a.m.
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 suspect was last seen driving a 2000 tan Toyota Corolla, California License Plate Number 5SEy238. Makai Bangoura, 1, has been missing since May 12 and police say was taken by suspect Jason Lam, 30.
Fernandes on the improved effort after halftime: "Basically (coach) Peter (Vermes ) had to scream at us in the locker room". Minnesota United learned today that they will be taking on Sporting Kansas City in the fourth round of the 2017 U.S.
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.
Jefferies Group LLC reissued a "buy" rating and issued a $5.00 price objective on shares of Zynga in a research report on Monday. Finally, Benchmark Co. reissued a "buy" rating and set a $3.65 price target on shares of Zynga in a report on Friday, May 5th.
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.
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.
CVS Health Corp (CVS) Given Media Impact Rating of 0.46
CVS Health Corporation ( CVS ) belongs to the "Healthcare" sector with an industry focus on "Health Care Plans", with Mr. Finally, Arcadia Investment Management Corp MI increased its position in CVS Health Corp by 5.9% in the third quarter.
Always Dreaming heavily favored in early Preakness wagering
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.
Jethmalani used scandalous remarks against Jaitley: HC
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.
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.
Donald Trump claims White House has 'secret tapes'
Trump, in his termination letter to Comey, said Comey told him on three different occasions that Trump wasn't under investigation. That day Vice President Mike Pence also framed Trump's decision to fire Comey as the result of Rosenstein's and Sessions' input.