The GST Council will meet again on June 30, the eve of the launch, Jaitley said.
Once fully up and running, the GST would require companies to file a complete return of their sales invoices by the 10th of the following month, with a second of their purchase invoices by the 15th.
With less than a fortnight for roll out of Goods and Services Tax (GST), home buyers should brace themselves for a shock as flats nearing completion will now attract a tax of 12% as against the present service tax of 4.5%.
The GST Council has also fixed a tax rate of 18 percent for hotels which charged between Rs 2,500 and Rs 7,500 per night and 28 percent for hotels which charge Rs 7,500 and above.
"GST on restaurants in these hotels will be at par with other air-conditioned restaurants (18%)", news agency ANI quoted the finance minister as saying.
The Council made a decision to tax lotteries in two segments, with State-run ones attracting 12 per cent GST and the State- authorised 28 per cent.
"The official launch of the GST will take place on the midnight of June 30 and July 1 at a function in Delhi", Jaitley added.
While speaking the Union Finance Minister Arun Jaitley said "Further consultation on e-way bills, till then an alternative or transient rule will prevail".
State's Finance Minister Malaiyya said, that the tax rate of various commodities should be reduced.
"Businesses should not rush for migration". New businesses too need not rush.
The Council also decided that for the first two months, tax will be payable based on a simple return (form GSTR-3B) containing summary of outward supplies which will be submitted before 20th of the succeeding month. However, Uttarakhand will have it at Rs 75 lakh.
The GST is scheduled to be rolled out from July 1.
As per the draft, it is GSTN that would generate e-way e-way bills valid for 1-15 days, depending on distance to be travelled - one day for 100 km and 15 days for more than 1,000 km transit.
"Barring Uttarakhand and Jammu and Kashmir, it was decided to make the composition limit at Rs 50 lakh for the other north-eastern states and hill state of Himachal Pradesh", Jaitley said. Tamil Nadu has their meeting tomorrow.
"Even in the All Party Meeting, the State Government failed to come up with its proposal to deal with this issue and had no answers to provide".
Captioning her first post, Rita wrote: "On my way to Rugby Club, Walker Road to help out - please come and help if you can". The Grenfell Tower blaze was particularly personal to her as it occurred in her neighbourhood.
When a Syrian army SU-22 jet later dropped bombs near the USA backed forces, it was immediately shot by a U.S. USA -backed forces have encircled the city of Raqqa and captured several districts from the militants.
Some 60 forest fires broke out across the country during the night, with around 1,700 firefighters battling to put them out. He says "we want to send a big hug to everyone in Portugal for what they are going through, which is absolutely awful ".
The bodies of 45-year-old Suzanne Taylor, 21-year-old Taylor Pifer and 18-year-old Kylie Pifer were found Sunday in their home. George Brinkman has been charged in relation to the deaths of five people in Northeast Ohio this past Sunday June 14, 2017 .
It also is testing same-day fresh and frozen home delivery from 10 of its stores. "We'd like to see what we're buying", he said. Wal-Mart reported $6.9 billion in cash and equivalents and $20.9 billion in free cash flow at its year ended January 31.
Now that she conquered the box office, expect more women power until the studios kill that off with too much product. Reports also state that the film has surpassed all other Marvel Universe films with the exception of The Avengers .
Alex Sandro is ready to hand in a transfer request at Juventus amid interest from Chelsea , according to reports in Italy. Sandro, a Brazil global who moved to the Serie A giants two years ago, still has three years to run on his current deal.
That changed in Game 4, when Arvidsson snapped a 15-game goalless drought in a 4-1 win against the Pittsburgh Penguins. We need to have guys to continue to play the game at a high level because of where we're at in the season right now.
At its Worldwide Developers Conference (WWDC) keynote on Monday, Apple announced its latest mobile operating system, iOS 11 . You can swipe from anywhere to access your Dock which you can now customize with your own favorite apps.
Bay is set to be the producer for Bumblebee (spin-off ) and a possible seventh Transformers movie , but only time will tell. Mark Wahlberg has confirmed that he is leaving the Transformers franchise after the upcoming fifth film, The Last Knight .
Jays Dump White Sox, 7-3
Hanson's single through the gap brought in Omar Narvaez from third in the next inning, adding to Chicago's already sizable lead. Blue Jays: OF Pearce returned from the 10-day DL following his calf strain and was inserted straight into the starting lineup.
Koepka off to solid start at US Open
Fowler and Reed will command plenty of attention, but do not discount Kim Si-woo, who sits between the American duo at nine under. "I'll probably go back to the house, pack up and then I'll come back and have a beer and watch the closing stretch".
IBM Research creates a groundbreaking 5-nanometer chip
The most-advanced semiconductor chips at the moment use a FinFET process technology with circuitry that is 10 nm in width. As to why developers are making thinner and thinner chips, in the first place, the answer has to do with speed and size.
Trump acknowledges he is under investigation in Russia probe
Rosenstein, who would be responsible for actually dismissing Mueller, told US lawmakers he would fire him only with good cause. Rosenstein has been overseeing the Russian Federation probe since shortly after Attorney General Jeff Sessions recused himself.
Comprehensive Stock Analysis Of Energy Transfer Equity, LP (ETE)
On 06/15/2017 close, PayPal Holdings, Inc. 408.41 million shares or 2.68% more from 397.76 million shares in 2016Q3 were reported. Energy Transfer Equity, L.P. shares decreased -3.67 percent over the past week and fell -15.81 percent over the previous month.
Rosenstein Says He Has Seen No Reason to Remove Mueller
Ryan noted if Trump chose to fire Mueller, it would be a "big problem for him politically". "I think there's a conflict there". White House staffers made a concerted effort to talk Trump down from ordering that Mueller be fired, the paper said .
Wind howling as final round at Erin Hills gets under way
The course had been softened by rain earlier in the week, and it finally played the way the USGA wanted in the final round. He shot 81 the next day in a blustery wind. "Taking nothing away from nine-under par", Miller told the Golf Channel.
There was a major Little Mermaid reference in Wonder Woman
Wonder Woman is quite some way off moving up a spot with Hunger Games: Mockingjay Part 2 $60 million ahead at this present time. With all the hype surrounding Wonder Woman , we've seen some pretty badass merch and some uber-adorable fan cosplay, too .
At impasse, Cosby jury goes back to work on verdict
In those interviews, Cosby admitted to sexual contact with Constand and said they had previously had a romantic encounter. At around the same time, Attorney Gloria Allred who is defending some of the alleged victims said she is not losing hope.
Features similar design to Galaxy S8+
But since the company has not said a thing regarding these plans, all we have now are rumors, leaks and speculations. The Galaxy S8 launched with an uncomfortable fingerprint scanner mounted on its back, right next to the rear camera.