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.
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.
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.
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.
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.
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.
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.
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.
China banned USA beef in December 2013 after a case of bovine spongiform encephalopathy in a dairy cow was found in the U.S. Lubbock cattleman Hadley Mann said the partnership was "something that we needed in the market from the get-go".
Grande nouveauté en Bundesliga pour la saison 2017-2018! Son nom est Bibiana Steinhaus , une officière de police de 38 ans. Elle arbitrait déjà en deuxième division, et a été quatrième arbitre plusieurs fois en D1.
Police are now investigating whether Hosni, who had dual Tunisian and Italian citizenship, had links to terrorist organizations. Both men have been taken to hospital but neither is in a "worrying" condition, the Corriere della Sera daily said.
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 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.
Le PSG échoue en finale — CdF-F
Sur l'aile droite, la Brésilienne Cristiane a pris le meilleur sur Amel Majri avant d'envoyer le ballon en pleine lucarne. Au bout de la nuit après huits tireuses de part et d'autre.
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.
Zynga's (ZNGA) "Buy" Rating Reaffirmed at Jefferies Group LLC
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.
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.
Samsung Z4 goes on sale in India today at Rs 5790
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.
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.
Donald Trump says looks forward to working with France's Macron
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.