A bench of justices D.Y. Chandrachud, Surya Kant & Vikram Nath upheld 2020 Gujarat HC judgment in favour of importers challenging levying of GST on grounds that they had paid customs duty.
Since GST rollout in July 2017, many items are being taxed at varying rates despite their strong likeness. Experts say this is likely to continue unless slabs are reduced.
Union Finance Minister Nirmala Sitharaman also said that the flow of Covid-19 vaccination across the country will be well managed and all states will be taken care of.
Punjab FM termed exclusion of Congress-ruled states from GoM that decided GST rate cuts on Covid goods as 'preposterous'. Sitharaman said groups not constituted on political affiliations.
While GST on Tocilizumab and Amphotericin B is slashed to nil from 5 per cent, the rate on Remdesivir and Heparin is lowered from 12 per cent to 5 per cent.
War of words broke out after Goa minister Mauvin Godinho accused Tamil Nadu Finance Minister Palanivel Thiaga Rajan of trying to belittle the western beach state.
Exemption given from IGST extended to even paid imports of Covid relief material, is likely to benefit NGOs recognised by states. But many others will be left out.
Assam CM can’t celebrate that the Congress drew a blank in the Bodoland Territorial Council polls in 2010 as well as 2015, and bagged only one in 2020.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
The 2018 contract with Russia for 5 S-400 systems had a follow-on clause for 5 more. S-400 was described as a 'game-changer' for shooting down 5 Pakistan fighter jets during Op Sindoor.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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