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GK MCQs Section

Page-7 of Topic: GST

E-way Bill comes into effect on Inter-state movement of goods over Rs 50,000

As per previous decision of GST council, the e-way Bill System for Inter-State movement of goods across the country is being introduced from April 1, 2018. From this...

April 1, 2018

Highlights of Economic Survey 2017-18

Union finance Minister Arun Jaitley tabled the Economic Survey 2017-18 in Parliament during 2018 budget session. The survey was authored by chief economic adviser in the finance ministry...

January 29, 2018

Lok Sabha passes GST (Compensation to States) Amendment Bill, 2017

The Lok Sabha has passed the Goods and Services Tax (Compensation to States) Amendment Bill, 2017. The Bill amends the GST (Compensation to States) Act, 2017 and replaces...

December 28, 2017

Badri Narain Sharma appointed as Chairman of National Anti-Profiteering Authority

The Appointments Committee of the Cabinet (ACC) has appointed senior bureaucrat Badri Narain Sharma as Chairman of National Anti-Profiteering Authority (NAA) under Goods and Services Tax (GST) regime....

November 29, 2017

Union Cabinet approves setting up National Anti-profiteering Authority

The Union Cabinet approved setting up of National Anti-Profiteering Authority (NAA), an apex body with an overarching mandate under Goods and Services Tax (GST) regime so as to...

November 17, 2017

GSTN launches excel-based offline tool to file initial GSTR-3B returns

The Goods and Services Tax Network (GSTN) has launched excel-based offline facility to allow taxpayers to finalise their GSTR-3B forms on their own computers before uploading it onto...

October 21, 2017

IMF lowers India's growth forecast to 6.7 %

The International Monetary Fund (IMF) in its October World Economic Outlook (WEO) has lowered India’s economic growth forecast at 6.7% in 2017 and 7.4% in 2018. It is...

October 11, 2017

GSTN reopens composition scheme window for small traders

The GST Network (GSTN) has reopened composition scheme window facility for small taxpayers with turnover of up to Rs.75 lakh to opt for composition scheme, which offers easy...

September 18, 2017

Cabinet approves promulgation of GST (Compensation to States) Ordinance, 2017

The Union Cabinet has given its approval to the proposal of Union Finance Ministry to promulgate an ordinance to suitably amend the Goods and Services Tax (Compensation to...

August 30, 2017

Lok Sabha passes two key bills for implementation of GST in J&K

The Lok Sabha has passed the Central Goods and Services Tax (Extension to Jammu and Kashmir) Bill, 2017 and the Integrated Goods and Services Tax (Extension to Jammu...

August 3, 2017

Union Cabinet approves draft bills to replace GST ordinances for J&K

The Union Cabinet approved promulgation of the Central Goods and Services Tax (Extension to Jammu & Kashmir) Ordinance, 2017 and Integrated Goods and Services Tax (Extension to Jammu...

July 19, 2017

GST: Anti-profiteering Panel to be set up

The GST Council headed by Union Finance Minister Arun Jaitley comprising of state finance ministers as members have decided to set up a five-member anti-profiteering authority to decide...

June 19, 2017

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