19 August 2019


Search Results for Tag : GST

Notifications & Circulars

Report on the Revenue Neutral Rate and Structure of Rates for GST(09.12.2015)

Appointed by the Central Government to assess and recommend rates under the Goods and Services Tax framework for the whole country, the Committee rele.....

Tags : Gst, report, committee, benefits

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Cabinet approves four GST Bills(20.03.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the following four GST related bills:

1. The Central Goods a.....

Tags : GST bills, Approval, Integration

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Report Card on GST Implementation(14.12.2016)

As compared to the time taken in arriving at a consensus on the Constitutional Amendment Bill for GST, the subsequent events after the passing of the .....

Tags : Implementation, GST, Report

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Migration of existing Central Excise/Service Tax assessees to GST(09.01.2017)

Central Board of Excise & Customs (CBEC) has initiated the process of migration of its existing CENTRAL EXCISE/SERVICE TAX assessees to GST with effec.....

Tags : Implementation, GST, Assessee, Migration

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Proposed GST Tax rates would be lesser than the prevailing taxes in case of Sugar, Tea and Coffee (other than instant coffee) and Milk Powder(25.05.2017)

1. Sugar: Sugar attracts specific central excise duty of Rs.71 per quintal plus Sugar Cess of Rs.124 per quintal, which translates to ad valorem rate .....

Tags : GST, Rates, Products

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Workshop on impact of GST on the Oil and Gas Sector held(29.05.2017)

Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan reviewed the impact of GST on the Oil & Gas Sector. A workshop was orga.....

Tags : Workshop, GST, Impact

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Union Finance Minister said Goods and Services Tax is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society(29.05.2017)

Inaugurating the National Academy of Customs, Indirect Taxes and Narcotics (NACIN) Campus in the Bengaluru today, the Union Finance Minister Shri Arun.....

Tags : GST, Efficient, Tax evasion, Checks

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CSCs To Function As GST Suvidha Providers(29.05.2017)

A workshop on "CSCs as GST Suvidha Provider" to train the top performing VLEs and the State level representatives of CSC SPV for enabling implementati.....

Tags : GST scheme, Implementation, Function, Workshop

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Central Government abolishes various Cesses in the last three years for smooth roll-out of GST(07.06.2017)

The Central Government in the last three General Budgets viz 2015-16, 2016-17 and 2017-18 has gradually abolished various cesses on goods and services.....

Tags : Cesses, Abolition, GST roll-out

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Workshop on GST to Sensitize Maritime Fraternity(19.06.2017)

The Ministry of Shipping conducted a workshop on "GST for Shipping" in New Delhi today to sensitize all constituents of the maritime fraternity. The w.....

Tags : GST, Workshop, Maritime Fraternity

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Carry Forward of un-availed Cenvat Credit in respect of assignment of right to use any natural resource under GST(14.06.2017)

Cenvat Credit Rules, 2004 provide that credit of Service Tax paid in a Financial Year, on the onetime charges payable in full upfront or in installmen.....

Tags : Cenvat Credit, Un-availed, Carry Forward, GST

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Changes in IEC with the introduction of GST(12.06.2017)

The Foreign Trade (Development &Regulation) Act, 1992 provides that no person shall make any import or export except under an Importer Exporter Code (.....

Tags : Importer Exporter Code, Change, GST

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Ministry of Food Processing Industry establishes GST facilitation cell to guide industry about GST regime(06.07.2017)

The Ministry of Food Processing Industries has established a four member GST Facilitation Cell at its office to guide the industry about the new tax r.....

Tags : GST facilitation, cell, Establishment

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GST rate for specified items for Physically Challenged Persons(04.07.2017)

Some questions are raised about GST rates fixed for specific devices for physically challenged persons. This matter is explained here in below.

Tags : GST rate, Specified items, Physically Challenged Persons

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Rolling out of GST presents great opportunities : Kalraj Mishra(13.07.2017)

Ministry of MSME along with FICCI organized National Workshop on GST and Digital MSME here today. Speaking on the occasion Shri Kalraj Mishra, Union M.....

Tags : GST, Rolling out, Opportunities

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No GST is applicable on free food supplied in anna kshetras run by religious institutions(11.07.2017)

There are media reports suggesting that GST applies on free food supplied in anna kshetras run by religious institutions. This is completely untrue. N.....

Tags : Free food, Religious institutions, Non-applicability, GST

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Gifts up to a value of Rs. 50,000/- per year by an employer to his employee are outside the ambit of GST(10.07.2017)

It is being reported that gifts and perquisites supplied by companies to their employees will be taxed under GST. Gifts upto a value of Rs. 50,000/- p.....

Tags : Gifts, Ambit, GST

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Benefits of GST for the Transport Sector(26.07.2017)

The transport sector stands to benefit from the recently rolled out GST in several ways. Pre- GST, the complex tax structure and paper work forced the.....

Tags : GST, Benefits, Transport Sector

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Clarification regarding availability of Transitional Credit for GST(17.08.2017)

As per the rules, the Goods and Services Tax (GST) for the month of July 2017 has to be paid by 20th August, 2017. Only after the payment of full GST,.....

Tags : Transitional Credit, GST, Clarification

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Cabinet approves Scheme of Budgetary Support under GST Regime to the eligible units located in States of Jammu and Kashmir, Uttarakhand, Himachal Pradesh and North Eastern States including Sikkim(16.08.2017)

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi today has given its approval to the Scheme of providing Bud.....

Tags : Scheme, Approval, Budgetary Support, GST Regime

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GST on Selling of space for advertisement in print media - Clarification regarding(23.08.2017)

Query has been raised regarding GST applicable on selling of space for advertisement in print media. Selling of space for advertisement in print media.....

Tags : GST, Selling, Space, Advertisement, Print media

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Notification regarding GST rate for branded cereal, pulses and flour(20.09.2017)

The GST Council, in its 21st meeting held on 9th September, 2017 at Hyderabad has, interalia, recommended that for 5% GST rate on cereals, pulses and .....

Tags : GST rate, Recommendation, Branded cereal

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GST Revenue Figures - As on 25th September, 2017(26.09.2017)

The Goods and Services Tax (GST) was introduced on 1st of July, 2017. In the press release dated 29th August, 2017, it was reported that the total rev.....

Tags : GST, Revenue, Figures

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Leasing of vehicles purchased and leased prior to 1st July, 2017 would attract GST at a rate equal to 65% of the applicable GST rate (including Compensation Cess)(12.10.2017)

In order to provide relief to old/existing leases of motor vehicles, GST Council in its 22nd Meeting held on the 6th October, 2017 in the national cap.....

Tags : Vehicles, Leasing, GST

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IGST Refund to exporters - CBEC directs officers to do it through existing refund route(10.10.2017)

WITH the GST Council recommending immediate disbursal of refund to exporters the CBEC explored the possibility with the Chief Controller of Accounts b.....

Tags : IGST, Refund, Exporter

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GST Revenue Collection Figures stand at Rs.92,150 crore as on 23rd October, 2017(24.10.2017)

The total revenue of GST paid under different heads (upto 23rd October, 2017) for the month of September 2017 is Rs. 92,150/- crore. The total CGST re.....

Tags : Revenue Collection, Figures, GST

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EPCH hails GST notification to ease procedure for merchant exporters(24.10.2017)

The Export Promotion Council for Handicrafts has welcomed the Government's decision to ease the procedure for merchant exporters. Handicrafts merchant.....

Tags : EPCH, GST notification to ease procedure for merchant exporters

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Applicability of IGST / GST on goods transferred / sold while being deposited in a warehouse(24.11.2017)

References have been received from the trade regarding levy of IGST/GST on sales of goods deposited in a customs bonded warehouse.

2. Ch IX .....

Tags : GST, IGST, Warehouse

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Exporters advised to file Table 6A and GSTR 3B for processing of IGST Refund and for Refund of the unutilized Input Tax Credit(29.11.2017)

The Government of India is seized of the issue of Exporters complaining about delay in grant of refunds pertaining to Integrated Goods and Services Ta.....

Tags : Refund, IGST, Input Tax

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Procedure for manual disbursal of budgetary support under GST Regime to the units located in States of J & K , Uttarakhand, Himachal Pradesh and North East including Sikkim(27.11.2017)

As you are aware, under the Central Excise regime as its existed prior to 01.07.2017, the units located in the states of Jammu & Kashmir, Uttarakhand,.....

Tags : GST Regime, Budgetary Support

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Post-GST rates Notified to boost exports and employment generation in the labour intensive textiles and apparel sector(25.11.2017)

In order to support exports of readymade garments and made-ups, Government vide Notification No. 14/26/2010- IT dated 24th November 2017 has notified .....

Tags : GST, Exports, Labour Intensive

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Integrated Goods and Services Tax Amendment Rules, 2017(15.11.2017)

In exercise of the powers conferred by sub section (14) of section 12 read with section 22 of the Integrated Goods and Services Tax Act , 2017 (13 of .....

Tags : Rules, Amendment, IGST

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GST - Supply of services upto Rs 5 lakh allowed under Composition Scheme(21.01.2018)

APART from approving various legislative changes the GST Council at its 25th meeting has also approved the proposal to allow supply of services upto R.....

Tags : GST, Supply, Services

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Refund of IGST on Export-Extension of date in SB005 alternate mechanism cases and clarifications in other cases(23.03.2018)

CBEC has issued Circular No 5/2018-Customs dated 23-02-2018 which provided for an alternative mechanism with officer interface to resolve invoice mism.....

Tags : Refund, IGST, Export, Date, Extension

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Smooth roll out of e-Way Bill system from today(01.04.2018)

As per decision of the GST Council, e-Way Bill system became mandatory from today i.e. 01st April, 2018 for all inter-State movement of goods. The imp.....

Tags : Roll out, E-Way Bill, GST

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GST leads to Formalization of Economy and Widening of Tax Base(18.06.2018)

Historic tax reform, the Goods and Service Tax (GST), has resulted in formalization of economy and consequently information flow would eventually augm.....

Tags : GST, Tax Base

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Relief for MSME Borrowers registered under Goods and Services Tax (GST)(07.02.2018)

Presently, banks and NBFCs in India generally classify a loan account as Non-Performing Asset (NPA) based on 90 day and 120 day delinquency norms, res.....

Tags : MSME Borrowers, Relief, GST

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Arrest made by Central Tax, Delhi East Commissionerate involving GST evasion of Rs. 28 Crore(24.05.2018)

Central Tax, GST Delhi East Commissionerate arrested a Shahdara based father son-duo on 22.05.2018 in case of fraudulent issuance of Input Tax Credit .....

Tags : Evasion, GST, Arrest

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Levy of GST on Priority Sector Lending Certificates (PSLC)(12.09.2018)

Representations have been received requesting to clarify the following:

(i) Mechanism for discharge of tax liability on trading of Priority .....

Tags : Levy, GST, PSLC

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Examination for Confirmation of Enrollment of GST Practitioners(10.10.2018)

The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) is conducting an examination for confirmation of enrolment of Goods and Services.....

Tags : Enrollment, GST Practitioners, Examination

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Decisions taken by the GST Council in the 34 the meeting held on 19th March, 2019 regarding GST rate on real estate sector(19.03.2019)

GST Council in the 34th meeting held on 19th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made.....

Tags : GST Council, Meeting, GST rate, Real estate sector

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Examination for confirmation of enrolment of GST Practitioners to be conducted by NACIN(14.05.2019)

The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized vide Notification No. 24/2018-Central Tax dated 28.5.2018, t.....

Tags : Examination, Enrollment, GST Practitioners

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Extension of Special Refund Fortnight till 16.6.2018(12.06.2018)

The Government has launched the second "Special Drive Refund Fortnight "from 31.5.2018 to 14.6.2018. During the first Refund Fortnight from 15th to 29.....

Tags : Refund, Extension, IGST

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Recommendations of States in GST council(25.06.2019)

The 35th Meeting of the Goods and Services Tax (GST) Council was held on 21.06.2019 in New Delhi.

All matters relating to Centre and the Sta.....

Tags : Recommendations, States, GST council

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Transition plan to the new GST Return(11.06.2019)

The GST Council in its 31st meeting decided that a new GST return system will be introduced to facilitate taxpayers. In order to ease transition to th.....

Tags : Transition plan, GST Return, Introduction

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News

Jharkhand High Court Asks to Maintain Status-Quo on Post GST Service Tax Enquiry/Audit(18.06.2019)

Jharkhand High Court has asked to maintain status quo on Service Tax Enquiry / Audit against the Assessee post implementation of Goods and Services Ta.....

Tags : Jharkhand High Court, GST

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AAR: GST Leviable on Advisory & Management Fees Recd. in Indian Rs. for Services Provided to AIF Fund(21.06.2019)

Maharashtra State Authority for Advance Ruling (AAR) has held that GST is payable on advisory and management fee received by asessee in Indian Rupees .....

Tags : Maharashtra State Authority for Advance Ruling, GST, AIF Fund

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Four GST Bills Tabled in Lok Sabha, Landmark Development For Biggest Tax Reforms in Independent India(27.03.2017)

Central GST Bill, Integrated GST Bill, Union Territory GST Bill, and GST (Compensation to States) Bill has been introduced in Lok Sabha.

Tags : Lok Sabha, GST Bill

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Union Budget, 2019: Cos Having Turnover of Less Than Rs 5 Cr Will Have to File GST Quarterly Returns(05.07.2019)

Union Finance Minister Nirmala Sitharaman has informed that companies having turnover of less than Rs 5 crores will have to file GST Quarterly Returns.....

Tags : Union Budget 2019, GST

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NAA Rejects Complaint Due to Non Grant of GST Reduction to Product Concerned(17.07.2019)

National Anti-profiteering Authority ( NAA ) has rejected a complaint as it was found that the rate reduction was not granted to the product in questi.....

Tags : NAA, GST

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Delhi High Court Directs GST Commissioner to Permit Taxpayer to Rectify Errors Made in TRAN-1 Form(23.07.2019)

Delhi High Court has directed the GST Commissioner to permit a company which had made an error in filing the TRAN-1 Form online to correct the same im.....

Tags : Delhi High Court, GST Commissioner

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Hotel JW Marriott Fined Rs 25,000 for Charging GST on 2 Bananas Sold to Rahul Bose for Rs 442(28.07.2019)

The Chandigarh Excise and Taxation Department fined the hotel for violating Section 11 of the Central Goods and Services Tax (Amendment) Act for illeg.....

Tags : GST

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Gujarat High Court: Pay Up Interest for Delay in Paying GST Refunds(05.08.2019)

Gujarat High Court has asked the authorities to pay interest for delay in paying GST refunds. The authorities were asked to pay the interest at the ra.....

Tags : Gujarat High Court, GST Refunds

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Mann Ki Baat LIVE: PM Modi Credits 'States of Our Nation' as GST Anniversary Nears(24.06.2018)

Prime Minister Narendra Modi will address the nation via his Mann Ki Baat radio show at 11 am. This would be the 45th edition of the monthly radio bro.....

Tags : GST

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Mann ki Baat: PM Modi Credits States as GST Anniversary Nears(25.06.2018)

In his monthly Mann ki Baat radio address, Modi pointed out that so far, there have been 27 meetings of the GST Council and decisions have been taken .....

Tags : GST

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Maharashtra Assembly Passes State GST Bill 2017(23.05.2017)

Maharashtra State Legislative Assembly has unanimously passed State Goods and Services Tax (SGST) Bill in a special session.

Tags : Maharashtra Assembly, GST

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Mizoram Passes Mizoram Goods and Services Tax (GST) Bill, 2017(26.05.2017)

Mizoram State Assembly has unanimously passed Mizoram Goods and Services Tax (SGST) Bill, 2017.

Tags : Mizoram State Assembly, Mizoram Goods and Services Tax (SGST) Bill, 2017

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Decoded: GST Impact On Rajasthan's Handicraft Industry(05.02.2019)

Away from the politics & policies, Maha Siddiqui gets the stories of the weavers of Rajasthan on the effect on ground.

Tags : GST

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GST Amendment Doesn't Take Away States' Power to Proceed Against VAT Liability: Kerala HC(07.02.2019)

Kerala High Court has repelled challenge to constitutional validity of Section 174 of Kerala Goods and Services Tax 2017 (KGST Act), which reserved t.....

Tags : Kerala High Court, GST

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India's Unemployment Rate Climbed to 7.2 Percent in February: Report(05.03.2019)

A CMIE report released in January said nearly 11 million people lost jobs in 2018 after the demonetisation of high value notes in late 2016 and the ch.....

Tags : GST

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GOODS AND SERVICES TAX - No GST on TCS Levied on Goods: CBIC(12.03.2019)

Central Board of Indirect Taxes (CBIC) has clarified that Goods and Services Taxes (GST) would not be applicable on Tax Collection at Source (TCS) lev.....

Tags : CBIC, GST, Tax Collection at Source

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Orissa High Court Allows Input Tax Credit Under GST Regime to Realtor Making Shopping Mall(21.05.2019)

Orissa High Court has allowed input tax credit to a shopping mall construction company thereby resolving an important issue of blocked credit under th.....

Tags : Orissa High Court, GST

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Delhi High Court Issues Notice to Centre and Delhi Govt on ‘Blocked Credits’ Under GST(21.05.2019)

Delhi High Court has issued a notice to the Centre and the Delhi Government on the issue of ‘blocked credits’ under the Goods & Services Tax (GST) reg.....

Tags : Delhi High Court, GST

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Gujarat High Court: No Stay on IGST Levy on Ocean Freights(21.05.2019)

Gujarat High Court has stayed the impugned demand where the Petitioners challenged the vires of IGST related notification in an interim order passed b.....

Tags : Gujarat High Court, IGST

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Fake Invoice Racket Busted by GST Commissionerate(22.05.2019)

Based on information received from Kolkata and investigation, the Commissionerate registered cases against these firms which have been allegedly indul.....

Tags : GST

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Allahabad High Court: No GST to be Levied at Duty-Free Shops(27.05.2019)

Allahabad High Court has ruled that GST will not be levied on purchases made at arrival or departure terminals in an attempt to provide relief to all .....

Tags : Allahabad High Court, GST

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Supreme Court: GST Evaders Can be Arrested(28.05.2019)

Supreme Court has dismissed a plea challenging Telangana High Court judgment that held that a person can be arrested by the competent authority in cas.....

Tags : Supreme Court, GST

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SC Agrees to Examine Power of Tax Authorities to Arrest Individual for GST Evasion(29.05.2019)

A vacation bench comprising Chief Justice Ranjan Gogoi and Justice Aniruddha Bose issued notice to the Centre and sought its reply on a batch of pleas.....

Tags : GST

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Supreme Court Agrees to Examine Law to Arrest Individuals For GST Evasion(29.05.2019)

Supreme Court has agreed to examine the powers of tax authorities to arrest an individual for Goods and Services Tax (GST) evasion.

Tags : Supreme Court, GST

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Supreme Court Seeks Govt Response on Powers of GST Officers to Arrest Tax Evaders(30.05.2019)

Supreme Court has issued notice to the Central Government seeking clarification on the powers of officers of the Goods and Services tax (GST) Commissi.....

Tags : Supreme Court, GST

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Supreme Court Clarifies, “No Anticipatory Bail, GST Violators Can be Arrested Without FIR(30.05.2019)

Supreme Court has suggested to the High Courts not to grant anticipatory bail to those who default on the Goods and Services tax, reminding them that .....

Tags : Supreme Court, GST

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Delhi HC Issues Notice to Centre: Denial of GST Input Tax Credit to Recipient for Default of Supplier(03.06.2019)

Delhi High Court has issued notice to the Centre saying that it will look into ambiguity in the existing Central Goods and Services Tax (GST) Law that.....

Tags : Delhi HC, GST

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Allahabad High Court: GST Appellate Tribunal to Be Set Up in Lucknow(03.06.2019)

Allahabad High Court has directed the Government to form the new GST Appellate Tribunal bench in Lucknow in a petition filed by the Oudh Bar Associati.....

Tags : Allahabad High Court, GST

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Delhi High Court Directs Government to Provide Facility to Review Return in GST Software(07.06.2019)

Delhi High Court has asked that Government to resolve the difficulties in filing TRAN-1 and directed to enable a facility of the trader/dealer being a.....

Tags : Delhi High Court, GST Software

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Govt Might be Asked to Lower GST Collection Target to Realistic Levels for FY20(07.06.2019)

In the month of May, the Centre and state governments collected a little more than Rs 1 lakh crore in GST receipts, an improvement of 6.7% from the sa.....

Tags : GST

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Memorandum Getting Ready on GST Rates to Save MSME Sect: CPI MP(08.06.2019)

MP-elect K Subbarayan claimed that more than 50,000 MSME industries were shut down in the last two years due to the higher GST rates in India.

Tags : GST

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Goods & Service Tax-Gujarat HC Released Seized Vehicle as Notice do not Comply Requirements of S. 129(28.03.2019)

The Gujarat High Court has granted an interim order allowing release of the vehicle seized by the GST department under Sections 129 and 130 of the CGS.....

Tags : Gujarat HC, GST Act, Sections 129 and 130 of the CGST Act

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CIVIL - Delhi HC Stays JNU Decision Barring Elected Students from Attending Committee Meetings(28.03.2019)

Delhi High Court has stayed the resolution of Executive Committee of Jawaharlal Nehru University (JNU) which had restrained elected students from atte.....

Tags : Gujarat HC, GST Act, Sections 129 and 130 of the CGST Act

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AAR: GST Applicable on Goods Sent for Job Work but Not Returned Being Consumed in Process(02.04.2019)

Authority for Advance Ruling (AAR), West Bengal has held that the goods sent for job work but not returned being consumed in the process is supply and.....

Tags : AAR, GST, Goods Sent for Job Work but Not Returned

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Ahmedabad Firm's Head Arrested for Rs 88 Crore GST Evasion(03.04.2019)

Sandeep Agrawal, Chief Managing Director of M/s Kushal Ltd, was arrested on Monday for availing wrong input tax credit of Rs 88.78 crore on bogus invo.....

Tags : GST

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Karnataka HC Allows Revisal of GST TRAN-1 for Non-Technical Errors(03.04.2019)

Karnataka High Court has directed petitioner to approach jurisdictional nodal officer to revise GST TRAN-1 for non-technical errors and also directed .....

Tags : Karnataka High Court, GST TRAN-1

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Rs 13-crore GST Fraud Busted After Raids in Lucknow, Noida by UP Special Task Force(14.04.2019)

The Uttar Pradesh Special Task Force and sales tax department together probed the fraud, a first-of-its-kind operation in Uttar Pradesh.

Tags : GST

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Business Having Above 2 Crore Turnover Can File GST Audit Reports: GST Council(16.04.2019)

Taxpayers under Goods and Services Tax (GST) with annual turnover of over Rs 2 crore can now start filing GST audit reports for financial year 2017-18.....

Tags : GST, Audit Reports, Turnover

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Online Journals Supplied to IIM not Subject to RCM Under GST: AAAR(18.04.2019)

Bombay high court has directed accidents claims tribunal to consider her plea for compensation while tribunal had rejected her plea as she had approac.....

Tags : AAAR, Online Journal, IIM, GST

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Online Journals Supplied to IIM not Subject to RCM Under GST: AAAR(18.04.2019)

Appellate Authority for Advance Ruling (AAAR), Karnataka has held that the supply of online journals and periodicals to IIM Bangalore is exempted from.....

Tags : AAAR, Online Journal, IIM, GST

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No GST on Interest Free Security Deposit for Lease: AAR(18.04.2019)

Authority for Advance Rulings (AAR), Maharashtra has held that Goods and Services Tax (GST) cannot be levied on interest free security deposit, given .....

Tags : AAR, Interest Free Security Deposit, GST

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Online Journals Supplied to IIM not Subject to RCM Under GST: AAAR(18.04.2019)

Appellate Authority for Advance Ruling (AAAR), Karnataka has held that the supply of online journals and periodicals to IIM Bangalore is exempted from.....

Tags : AAAR, IIM, GST

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No GST on Interest Free Security Deposit for Lease: AAR(18.04.2019)

Authority for Advance Rulings (AAR), Maharashtra has held that Goods and Services Tax (GST) cannot be levied on interest free security deposit, given .....

Tags : AAR, GST, Interest Free Security Deposit for Lease

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Dispose Pre-GST Cases Soon to Help Businesses: Allahabad HC to State(19.04.2019)

Allahabad High Court has directed State Govt to dispose of all pre-GST cases so that businesses can plan their business properly.

Tags : Allahabad High Court, Dispose, Pre-GST Cases

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Note Ban Pushed Bareilly's 'Maanjha' Makers to Take Loans They Have Little Hope of Repaying(22.04.2019)

The kite makers of Bareilly were hit by the demonetisation and the GST implemented by the PM Modi led government as it reduced their profit margins.

Tags : GST

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No Input Tax Credit if GST Returns Not Filed: Telangana HC(23.04.2019)

Telangana High Court has ruled that no input tax credit (ITC) is available unless GST returns are filed and a taxpayer is liable to pay penalty on the.....

Tags : Telangana High Court, Input Tax Credit, GST Return

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‘Tired of PM Beating His Trumpet’: Chidambaram Says Modi Focusing Only on Pak, Evading Key Issues(24.04.2019)

Congress leader P Chidambaram said people want Prime Minister Narendra Modi to speak on demonetisation, GST and the plight of MSMEs.

Tags : GST

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Gujarat HC: Goods can’t be Detained on Failure to file Part-B, E-Way Bill for Non-Taxable Supply(25.04.2019)

Gujarat High Court has held that the department cannot detain the goods on failure of the Assessee to fill Part-B of the E-way Bill if the supply is n.....

Tags : Gujarat High Court, GST

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Supply of Ice-Cream Scoop Would Attract 18% GST: AAR(30.04.2019)

Authority for Advance Rulings (AAR), Maharashtra has held that supply of an ice-cream Scoop would attract 18 per cent Goods and Services Tax (GST).

Tags : AAR, Ice-Cream Scoop, GST

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Delhi High Court Stays GST Proceedings Filed Against Abbott Health(09.05.2019)

Delhi High Court has stayed proceedings against Abbott Healthcare for charging higher GST after the company questioned the constitutional validity of .....

Tags : Delhi High Court, GST

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Hostel Service with Tariff of a Unit of Accommodation below Rs. 1000 per Day is Exempt from GST: AAR(10.05.2019)

Chattisgarh Authority of Advance Rulings has held that a provision of hostel service where the tariff of a unit of accommodation is below Rs. 1000/day.....

Tags : Chattisgarh Authority of Advance Rulings, GST

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Free Tickets for IPL Matches Subject to GST: AAR(16.10.2018)

Authority for Advance Ruling, Punjab has ruled that GST is payable on providing complimentary/ free tickets as the said activity would constitute a ‘s.....

Tags : AAR, GST, IPL

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Rs 1,200 Crore Fake GST Invoice Scam Busted in Karnataka(15.11.2018)

The fraudulent companies were engaged in trading of fake tax invoices for availing input tax credit.

Tags : GST

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GST Not to be Deducted from Salary of Employees Sponsored by UPNL: Uttarakhand HC(16.11.2018)

Uttarakhand High Court has directed State Government to not to deduct GST or service tax from salary of the employees sponsored by the Uttarakhand Pur.....

Tags : Uttarakhand High Court, GST

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IIM Kolkata Being an Educational Institution, Eligible for GST Exemption: AAR(20.11.2018)

Advance Ruling Authority, West Bengal has held that the Indian Institute of Management (IIM) should be treated as an ‘educational institution’ for the.....

Tags : AAR West Bengal, IIM Kolkata, GST

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Company is Eligible to Claim Deduction of Educational Expenses of Director: ITAT(22.11.2018)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that education expenses incurred by a company for its Director are eligible for deduction under .....

Tags : ITAT, Mumbai, Director education expense, GST'

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Need GST Council- like Federal Institution in Healthcare, Farm sector: Arun Jaitley(29.11.2018)

Arun Jaitley hoped that such a federal body in healthcare sector should face least resistance from states, since the welfare schemes would be implemen.....

Tags : GST

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Slowing Growth, Below Par GST Collections, Fiscal Deficit New Headache for Govt(03.12.2018)

Economic growth is a major worry particularly now, since there has already been intense politics over the rate of growth during the two terms of the U.....

Tags : GST

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GSTR-1 Due Date extended(12.12.2018)

Central Government has extended the due date for filing GSTR-1, the quarterly return for registered persons with aggregate turnover up to Rs. 1.50 Cro.....

Tags : GSTR-1, extension of due date

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Centre Denies Having Done Any Impact Assessment of Demonetisation on Economy(14.12.2018)

The two senior Congress leaders had asked whether a former Governor of Reserve Bank of India and several renowned economists have recently stated that.....

Tags : GST

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PM Says Priciest GST Slab May be Slimmed Down, Non-Luxury Items May be Taxed 18%(18.12.2018)

Before implementation of the GST, registered enterprises only numbered 65 lakh, which has now risen by 55 lakh, Modi said, addressing the Republic Sum.....

Tags : GST

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GST Council Meets Today After Modi’s Rate Cut Hint; All Eyes on Prices of AC, TV, Digital Cameras(22.12.2018)

Days before the meeting, PM Modi heightened hopes of a rate cut, saying his government wants to ensure that '99 per cent things' attract sub-18 per ce.....

Tags : GST

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32-inch TVs, Video Games, Movie Tickets to Get Cheaper as GST Council Cuts Tax on 40 Items(22.12.2018)

While air conditioners and dish washers were not removed from the 28 percent slab, three items were moved from 18 percent to 12 percent, one item was .....

Tags : GST

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Gujarat Industrialist Held for Over Rs 12 Crore GST Fraud(23.12.2018)

The accused industrialist fraudulently inflated the company's turnover by issuing fake GST invoices to the tune of Rs 75 crore.

Tags : GST

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Salary Hikes May Remain Static at 8-10% in 2019 as Employers Turn Cautious in Poll Season: Report(23.12.2018)

Experts say that while 2018 was a year of recovery following demonetisation and GST implementation, 2019 will be a year of caution.

Tags : GST

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Telugu Star Mahesh Babu's Bank Accounts Frozen Over Service Tax Dues(28.12.2018)

According to a press release issued by the Hyderabad GST Commissionarate, Mahesh Babu has not paid the Service Tax during 2007-08 for the taxable serv.....

Tags : GST

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Karnataka CM Kumaraswamy Seeks Extension of GST Compensation Till 2025(28.12.2018)

"Compensation to the state for the first 5 years, as envisaged in the GST Act, will limit fund allocation to various welfare schemes for the peop.....

Tags : GST

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Actor Mahesh Babu Calls Himself 'Law-Abiding Citizen', Denies Charges of Unpaid Taxes(30.12.2018)

The GST Commissionerate, Hyderabad, has carried out the attachment without notice when several judicial pronouncements on the issue is in favour of th.....

Tags : GST, High Court

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Ranbir, Ranveer, Alia and Other Bollywood Stars in Delhi to Meet PM Modi, Agenda Unknown(10.01.2019)

The meeting comes weeks after the PM met Bollywood producers and discussed issues faced by the industry, which led to the reduction in GST on film tic.....

Tags : GST

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Govt Doubles GST Exemption Limit for SMEs, Kerala Allowed to Impose 1% Cess for 2 Years(10.01.2019)

Companies with up to Rs 40 lakh turnover in a year will be exempted from GST payment, while the limit has been set at Rs 20 lakh in northeastern state.....

Tags : GST

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GoM to Look Into Feasibility of GST Rationalisation, Composition Scheme For Real Estate(15.01.2019)

Currently, GST is levied at 12% on payments made for under-construction property or ready-to-move-in flats where completion certificate has not been i.....

Tags : GST

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Kerala High Court Stays GST on Tax Collected at Source on Cars(21.01.2019)

Kerala High Court has stayed imposition of goods and services tax (GST) on tax collected at source (TCS).

Tags : Kerala High Court, GST on Tax Collected at Source on Cars

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Kerala HC Stays GST Levy on TCS Amount Collected by Vehicle Dealers(22.01.2019)

Kerala High Court has stayed the levy of Goods and Services Tax (GST) on the amount collected by them as Tax Collected at Source (TCS) from vehicle pu.....

Tags : Kerala High Court, GST Levy on TCS Amount Collected by Vehicle Dealers

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Gujarat HC Quashes Circular Levying GST on DISCOMS for Bundled Services(24.01.2019)

Gujarat High Court has struck down a part of a circular issued in March last year by the Central Board of Indirect Taxes and Customs (CBIC), which had.....

Tags : Gujarat High Court, Circular Levying GST on DISCOMS

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Nandan Nilekani Says Indian Entrepreneurs Can Beat The Best From The World(25.01.2019)

Nilekani said government is also ushering in innovation through its policies and initiatives, which include Aadhar, GST and UPI.

Tags : GST

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Man Arrested in Gujarat for Rs 177 Crore GST Fraud(27.01.2019)

The man arrested allegedly floated 66 fake companies with as many dummy owners in whose name he issued tax invoices to claim input tax credit (ITC), i.....

Tags : GST

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Society Not Liable to Pay GST on Maintenance of Parks Provided to Government: AAR(19.09.2018)

Authority for Advance Rulings (AAR), Karnataka has held that the services such as maintenance of parks provided by Societies to the State Government, .....

Tags : AAR, GST, Parks

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Cafe Coffee Day Liable to Pay 5% GST Without Input Tax Credit: AAR(19.09.2018)

Authority for Advance Ruling (AAR), Karnataka has ruled that the Cafe Coffee day cannot opted to pay the GST @ 18% as the services being offered by th.....

Tags : AAR, CCD, GST

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No GST on Educational Institutions Providing Degree Courses Under Related Curriculums: AAR(20.09.2018)

Authority for Advance Rulings, Karnataka has held that the service of providing Degree courses under related curriculums by educational institutions t.....

Tags : AAR, GST, Education

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Not Only Chartered Accountants, Cost Accountants Can Also Certify IGST Refund Claims: CBIC(21.09.2018)

Central Board of Indirect Taxes and Customs has authorized the Cost Accountants to certify the ‘IGST Refund Claims’ of exporters whose records were no.....

Tags : CBIC, GST, Cost Accountants

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Collection of Toll Charges by Sub-Contractor Exempt from GST: AAR(21.09.2018)

Authority for Advance Rulings, Madhya Pradesh has ruled that no GST is payable on collection of toll charges by sub- contractors.

Tags : AAR, GST, Toll Charges

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Gujarat High Court Allows Payment of GST Arrears in Installments(24.09.2018)

Gujarat HC has directed the petitioners M/s Indus Projects Ltd, to pay the tax dues of Rs. 3.85 crores in instalments by paying 20% amount initially a.....

Tags : Gujarat High Court, GST Arrears

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Cabinet Approves Proposal to Convert GSTN into Government Entity(27.09.2018)

Union Cabinet has approved the proposal to convert Goods and Services Tax Network (GSTN) into a government-owned company.

Tags : Cabinet, GSTN

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Govt May Soon Announce Rewards for Tip Offs on GST Evasion(30.09.2018)

It will be on the lines of similar schemes for excise and service tax, which has been subsumed under the Goods and Services Tax (GST). Customs and Inc.....

Tags : GST

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No GST on Residential Programmes for Advancement of Religion, Spirituality or Yoga: CBIC(01.10.2018)

Central Board of Indirect Taxes and Customs has clarified that GST cannot be levied on residential programmes or camps meant for the advancement of re.....

Tags : CBIC, GST, Residential Programmes

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Printing of Question Papers for Educational Institutions Exempt from GST: AAR(01.10.2018)

AAR, Gujarat has held that the activity of printing of question papers is a service which would attract 12 per cent GST, however, the authority clari.....

Tags : AAR, GST, Printing of Question Papers

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Re-Open TRAN-1 to Rectify Errors: Bombay High Court to GST Department(05.10.2018)

Bombay High Court has asked Central Government to re-open the facility to file GST TRAN-1 to allow the tax payers to rectify the human typographical e.....

Tags : Bombay High Court, GST, TRAN-1

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Re-Open TRAN-1 to Rectify Errors: Bombay High Court to GST Department(05.10.2018)

Bombay High Court has asked Central Government to re-open the facility to file GST TRAN-1 to allow the tax payers to rectify the human typographical e.....

Tags : Bombay High Court, GST, TRAN-1

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Goods Detained Under GST Laws Cannot be Released Unless Adequate Security is Furnished: Kerala HC(29.05.2018)

Kerala High Court has held that the goods detained by the authorities under the Goods and Services Tax (GST) Laws cannot be released without furnishin.....

Tags : Kerala High Court, GST

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No Change in GST Law and Taxation Relating to Farmers: Govt(29.05.2018)

Ministry of Finance has denied the reports saying that farmers would be required to take registration and pay GST of 18% when they lease out their lan.....

Tags : Farmers, GST

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Centre Will Refund GST on Raw Materials for Langars and Bhandaras, Announces Arun Jaitley(02.06.2018)

The Centre's share of GST charged on the raw food materials purchased by the religious institutions will be refunded under a new scheme 'Seva Bhoj Yoj.....

Tags : GST

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Funds Collected Under GST Anti-Profiteering Rules to be Split Between Centre, State(15.06.2018)

The ministry has amended Central GST rules stating that 50 per cent of the amount is to be deposited in the consumer welfare fund constituted by the C.....

Tags : GST

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GST Not Tax-friendly, Special Session in Parliament Means Nothing: Bombay HC to Govt(12.02.2018)

The bench said it had come across several petitions in different courts with grievances against GST and hoped the union government would "wake up.....

Tags : GST

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Gurdwaras Feel the GST Pinch in Serving Free Langars(14.02.2018)

The cash-rich Shiromani Gurdwara Parbandhak Committee (SGPC), which manages gurdwaras, or Sikh shrines, across Punjab, Haryana and Himachal Pradesh, h.....

Tags : GST

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No GST on Food Served by Hospitals to In-Patients(15.02.2018)

In a set of FAQs, the Revenue Department also clarified that no Goods and Services Tax (GST) would be levied on services provided by senior doctors/co.....

Tags : GST

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CBI Arrests GST Official in Bribery Case in Maharashtra(16.02.2018)

The arrested are Deputy Commissioner M V Telgote and Head Hawaldar G D Mishra.

Tags : GST

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Bombay High Court Asks Govt. to Sort Out GST Technical Issues(07.03.2018)

Bombay High Court has directed the Union and Maharashtra governments to sort out technical glitches and other grievances over filing of Goods and Serv.....

Tags : Bombay High Court, GST

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IRDAI Exempts 24 Schemes of Insurance from GST(31.03.2018)

Insurance Regulatory and Development Authority of India (IRDAI) has exempted 24 schemes of insurance from Goods and Services Tax (GST) regime for rein.....

Tags : Insurance, GST

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One Year of GST: 10 Things That Shaped The New Tax(29.06.2018)

The historic tax is now a year old. It has been a rather topsy-turvy ride with many twists and turns. GST collections touched a record Rs 1.03 trillio.....

Tags : GST

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'Mercedes & Milk Cannot Have Same Tax': PM Modi Rules Out Single GST Rate on First Anniversary(02.07.2018)

PM Narendra Modi said the Goods and Services Tax (GST) has within one year of its launch led to over 70 percent jump in indirect taxpayer base, demoli.....

Tags : GST

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On GST Day, PM Narendra Modi Lauds Unified Tax for Bringing 'Growth and Simplicity'(02.07.2018)

In his recent Mann Ki Baat radio address, Modi had described the GST as a fine example of cooperative federalism.

Tags : GST

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2nd Year of GST Dedicated to Simplification, New Returns Form Coming Soon, Says GSTN Chairman(02.07.2018)

Speaking to News18.com, GST Network chairman Ajay Bhushan Pandey said the Centre will be coming up with a new single GST return form much like the inc.....

Tags : GST

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Petroleum Products to be Brought Under GST in Stages, Says Adhia(09.07.2018)

Currently, diesel, petrol, crude oil, natural gas and aviation turbine fuel are outside the purview of goods and services tax, and states have the rig.....

Tags : GST

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Dept Cannot Insist for Cash / DD to Release Goods When Penalty Paid Through GST Portal: Kerala HC(12.07.2018)

Kerala High Court has held that the department cannot insist assessee to make payment in cash or demand draft to release goods under Kerala Goods and .....

Tags : Kerala High Court, GST

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India Can't Have Single Rate GST, 3-slab Structure Possible: CEA Arvind Subramanian(12.07.2018)

Under the GST regime, there are four rates — 5 per cent, 12 per cent, 18 per cent and 28 per cent. Luxury and demerit goods are subject to cess on t.....

Tags : GST

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Failure to Fill Part-B of E-way Bill Would Attract Penalty: Madhya Pradesh HC(13.07.2018)

Madhya Pradesh High Court, while upholding a penalty order passed by the GST department, has held that filing Part-B of the E-Way Bill is a mandatory .....

Tags : Madhya Pradesh HC, GST

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After Months of Protests, GST Council Exempts Tax on Sanitary Napkins(21.07.2018)

The GST Council on Saturday exempted sanitary napkins from the tax, ending months of outrage over the government’s decision to levy a 12% charge on .....

Tags : GST

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TV, Fridge, Washing Machine: Here's a List of All Items That Will Get Cheaper With GST Rate Cuts(22.07.2018)

Apart of bringing down rates, the Goods and Services Tax (GST) Council also exempted GST on sanitary napkins, rakhis, fortified milk and idols of deit.....

Tags : GST

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Cheaper Household Appliances, Simplified Return Filing: GST Council Brings Cheer to Middle Class, Bizmen(22.07.2018)

Interim finance minister Piyush Goyal said apart from revenue collection, the GST council would also focus on job creation and growth.

Tags : GST

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Padman Star Akshay Kumar in 'Tears of Joy' After Sanitary Napkins Exempted from GST(22.07.2018)

The GST on sanitary pads has been cut from 12 per cent to zero.

Tags : GST

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Nationwide Truckers' Strike Continues, Receives Mixed Response from States(23.07.2018)

All India Motor Transport Congress (AIMTC) started a nationwide indefinite strike on July 20, and their demands include a reduction in central and sta.....

Tags : GST

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Ramdev's Patanjali Ayurved Under Scanner for Failing to Pass on GST Benefits to Consumers(25.07.2018)

According to the complaint, Patanjali allegedly profited on sale of toothpaste, shampoo, shaving cream and cosmetics following the biggest rate ration.....

Tags : GST

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GST Slab of 28% May Become Virtual 'Hollow Shell' Soon, Says Outgoing CEA Arvind Subramanian(25.07.2018)

There are just 35 items left in the highest tax bracket, which was pruned by the GST Council over the past one year.

Tags : GST

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Vijay Ratnakar Gutte, Director of 'The Accidental Prime Minister', Arrested For Rs 34 Crore GST Fraud(03.08.2018)

Vijay Gutte has been booked under Section 132 (1)(c) of the CGST Act, which pertains to “wrongful availment” of input tax credit using bills and i.....

Tags : GST

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In Push for Cashless Transactions, GST Council Okays 20% Cashback on Payments Through BHIM, Rupay(05.08.2018)

A group of ministers under Bihar deputy chief minister Sushil Modi had worked out the cashback mechanism on Friday and assessed that the revenue loss .....

Tags : GST

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Wasn't Given Enough Time, Says GST Network CEO Prakash Kumar on Glitch-Ridden Rollout(13.08.2018)

Goods and Services Tax Network (GSTN) CEO Prakash Kumar, however, said the system had now stabilised and policymakers had also acknowledged the need t.....

Tags : GST

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Kerala High Court: Technical Problems in Uploading E-Way Bill No Ground to Set Aside Penalty(16.08.2018)

Kerala High Court has held that technical glitches in uploading Part B of E-Way Bill cannot be a ground for setting aside penalty and detention under .....

Tags : Kerala High Court, GST

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Kerala Floods LIVE: Centre Exempts GST on Aid Material, Vijayan Says 10 Lakh Still in Relief Camps(21.08.2018)

Kerala Floods Updates: Residents of Idukki are trying to get back to normal life after flood waters receded in the region. The ATM service have also b.....

Tags : GST

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Centre Releases Rs 600 Crore to Kerala, Waives Off Customs Duty, GST on Relief Materials(22.08.2018)

The Kerala government on Monday sought a Rs 2,600-crore special package from the Centre as it reels from the deluge that left 223 dead in a fortnight .....

Tags : GST

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Vice-Principal of Delhi Kendriya Vidyalaya Suspended for Corruption on Retirement Day(01.09.2018)

Nearly 20 teachers of the government school confirmed that they have been getting Rs 350 instead of Rs 500 for teacher's learning material. The Vice P.....

Tags : GST

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GST Annual Return Forms Notified(05.09.2018)

Finance Ministry has notified annual tax forms for normal tax payer (GSTR 9) and for composition tax payer (GSTR 9A) in which detailed information reg.....

Tags : annual tax forms, GST, GSTR 9, GSTR 9A

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Petrol-Diesel Price Surge Saddening, But Can’t Help, Clarifies MP’s Finance Minister(05.09.2018)

The issue of fuel price hike could come up for discussions during the GST council meeting scheduled to take place in New Delhi on Sep 29.

Tags : GST

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Calcutta High Court Freezes Service Tax Audit Post-GST(06.09.2018)

Calcutta High Court has granted stay against audit notices issued by Central Tax officers for conducting audit of last 5 years under service tax, afte.....

Tags : Calcutta High Court, GST

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Bharat Bandh: Petrol Inches Closer to Rs 90-Mark as Congress Leads India-Wide Strike(10.09.2018)

Congress president Rahul Gandhi has repeatedly demanded that petrol and diesel be included in GST as this could reduce the price by Rs 10-15 per litre.....

Tags : GST

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Gujarat High Court Dismisses PIL Challenging GST Late Fee(10.09.2018)

Gujarat High Court has recently dismissed a PIL challenging the imposition of the late fee for the delayed filing of returns under GST.

Tags : Gujarat High Court, GST Late Fee

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Centre Govt Gets Delhi High Court Notice On GST Tweaks In Import Licence(11.09.2018)

Delhi HC has issued notices to the Centre on a clutch of petitions against alleged restrictions on availing of advance authorization licences.

Tags : Delhi High Court, GST

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Constitution of GST AAR Challenged by Revenue Bar Assn: Madras HC Issues Notice(14.09.2018)

Madras HC has issued notice on a writ petition filed by Revenue Bar Association challenging the constitution of Authority for Advance Rulings & Appel.....

Tags : Madras High Court, GST, AAR

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RTI Activist Gets Rs 7 Refund Via Cheque After Uproar Over GST on Information(17.09.2018)

As RTI applicant Ajay Dubbey went public with details, the board realized its mistake and recently a cheque of Rs 7 landed at his doorstep.

Tags : GST

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Bombay High Court: Demand for GST is in Accordance with Law(12.04.2018)

Bombay High Court has said that the demand for payment of Goods and Services Tax is in accordance with the law and dismissed a petition saying its dem.....

Tags : Bombay High Court, GST

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Bombay HC Upholds Levy of GST on One-Time Premium Charged for Letting Land on Lease Basis(13.04.2018)

Bombay High Court has upheld Goods and Services Tax (GST) levied by Central Industrial and Development Corporation of Maharashtra Limited (CIDCO) on o.....

Tags : Bombay High Court, GST

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One Year Limitation for GST Transitional Credit Constitutionally Valid: Bombay HC(13.04.2018)

Bombay High Court has upheld the Constitutional validity of One Year Limitation for GST Transitional Credit under Section 140(3)(iv) of the CGST Act, .....

Tags : Bombay High Court, GST

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State GST Authorities Can’t Look Into Violations of Lottery Regulations: Kerala HC(23.04.2018)

Kerala High Court has struck down Rule 56(20A)(iii)(d) of the Kerala State GST Rules, 2017 as being ultra vires for lack of legislative competence.

Tags : Kerala High Court, GST

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Bombay HC Extends Due Date for Filing TRAN-1 for Identified Taxpayers(01.05.2018)

Bombay High Court has extended the due date to file TRAN-1 by identified taxpayers to 10th May 2018.

Tags : Bombay High Court, GST

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Bringing Petrol, Diesel Under GST Will Lower Prices, Says Maharashtra CM Fadnavis(24.05.2018)

The central government levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel. State sales tax or VAT varies from state to state. Unl.....

Tags : GST

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SUSHMITA DEV | Mr. Finance Minister, Tax on Sanitary Pads Has to Go. Period.(29.01.2018)

The government clearly is not revisiting the issue of tax on sanitary napkins despite several meetings of the GST Council.

Tags : GST

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Will Keep Laughing, No GST On it: Renuka Chowdhury on PM Modi’s 'Ramayana Jibe'(08.02.2018)

Congress MP Renuka Chowdhury has also threatened to file a privilege notice against Union Minister Kiren Rijiju for sharing an “objectionable” vid.....

Tags : GST

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Narendra Modi in UAE: PM Hails Demonetisation, GST During Address to Indian Diaspora in Dubai(11.02.2018)

Prime Minister Narendra Modi will witness the foundation stone-laying ceremony for the first Hindu temple in the capital of the UAE, home to over thre.....

Tags : GST

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Bombay High Court: GST Regime Not User-Friendly(12.02.2018)

Bombay High Court has rapped the government for the trouble faced by assessees due to the poor execution of the country’s biggest tax reform, the Good.....

Tags : Bombay High Court, GST

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CBEC: Milling of Paddy into Rice on Job Work Basis is Liable to GST at Rate of 5%(21.11.2017)

Central Board of Excise and Customs (CBEC) has clarified that milling of paddy into rice on job work basis, is liable to GST at the rate of 5%, on the.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt. Nod to Display Revised MRP Due to Reduction of Rates of GST up to 31st Dec, 2017(21.11.2017)

Government has allowed manufacturers, packers or importers of pre-packaged commodities to declare the revised retail sale price (MRP) in addition to t.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Gujarat HC Rejects Plea Alleging Violation of Election Code of Conduct by GST Council(22.11.2017)

Gujarat High Court has dismissed a PIL which sought that the decisions taken by the GST council at its Guwahati meeting be declared null and void on t.....

Tags : Gujarat High Court, GST Council

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No GST on Terracotta Idols: CBEC(24.11.2017)

Central Board of Excise and Customs (CBEC) has clarified that no GST is payable on on Terracotta idols.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

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May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



May Merge 12% and 18% GST Rates to Have Just Three Tax Slabs, Hints Arun Jaitley(06.12.2017)

Finance Minister Arun Jaitley further went on to add that banks with their left-over cash post-demonetisation will fund the medium and small-scale ent.....

Tags : GST

read»



Questions on GST in Arthashastra, Manu on Globalisation Leave BHU Students Baffled(12.12.2017)

Dr. Kaushal Kishor Mishra said, “Kautilya gave the idea of one tax one nation. He believed taxation to be a unifying factor. We can locate these tre.....

Tags : GST

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Indians More Confused by GST Than by Bitcoins, Reveal Google Trends 2017(13.12.2017)

A compilation of the top trends for 2017, released by Google Trends on Wednesday, showed ‘What is GST’ as the top searched phrase in India under t.....

Tags : GST

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Massive GST Fraud Unearthed in Hyderabad, Nearly 5000 Raids Conducted(18.12.2017)

The raids were conducted after department received over 10,000 complaints against small traders to big shopping malls, restaurants and even multiplexe.....

Tags : GST

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Council to Consider Slashing of 28 Percent GST on Common Use Goods(18.12.2017)

In further relief to small and medium enterprises, the panel is likely to rationalise tax rate in sectors where the total incidence of taxation has go.....

Tags : GST

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When Ustad Rashid Khan Greeted RSS Chief Mohan Bhagwat With ‘Yaad Piya Ki Aaye’(27.12.2017)

Khan expressed concern over 18 % GST imposed on music event organisers and requested Bhagwat to raise the issue with the central government.

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Small Industries, Agri Sector Reeling Under GST, Budget Should Address it: RSS-affiliated Labour Union(10.01.2018)

Mazdoor Sangh, which is affiliated to BJP's parent organisation RSS has sought a remodeling of the GST structure to address issues of the agriculture .....

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Union Budget 2018: RSS-Linked Labour Unions Seek Relief for Small Industries, Agri Sector(10.01.2018)

Mazdoor Sangh, which is affiliated to BJP's parent organisation RSS has sought a remodeling of the GST structure to address issues of the agriculture .....

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Markets In 2017 - 10 Factors That Drove Indian Indices This Year(16.01.2018)

The Indian stock market had a healthy 2017, returning upto 29%. The year was dominated by several important news and events, such as the rollout of GS.....

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Why The Next Union Budget Will Look Different(16.01.2018)

The budget for 2018-19 will mark the beginning of a new public accounting process in India. The adoption of GST means that FM Arun Jaitley has very li.....

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Punjab Lost 40 Per Cent Revenues After GST Implementation: Minister(17.01.2018)

Calling for uniformity in tax rates of petroleum products, he said the issue would be taken up at the meeting of finance ministers of the northern zon.....

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News18.com Daybreak | SC Clears Padmaavat, GST Council Cuts Rates and Other Stories You May Have Missed(19.01.2018)

Get a fresh dose of the news that matters, delivered directly to your inbox, every morning. The perfect way, to get you started and informed, for the .....

Tags : SC, GST

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SC Stays Further High Court Proceedings In Petitions Challenging GST on Lawyers(23.01.2018)

Supreme Court has stayed all further proceedings in petitions challenging the applicability of Goods and Service Tax (GST) on lawyers for their servic.....

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Govt Extends Due Date for Filing GSTR-2 and GSTR-3(31.10.2017)

Central Government has extended due date for filing GSTR-2 and GSTR-3 for the month July to November 30th and 11th December respectively.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt: No GST on Services Supplied to Nepal Against Payment in Indian Currency(31.10.2017)

Central Government has notified exemption to services supplied to Nepal where payments are made in Indian currency to the Indian service providers und.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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CBEC: Cut Pieces of Fabrics Attracts 5% GST(01.11.2017)

Central Board of Excise and Customs (CBEC) has said that 5% GST is applicable on Cut pieces of Fabrics under the Goods and Services Tax (GST) regime .

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Time Limit for Generation of GSTR-1A & 2A Extended(08.11.2017)

Central Board of Excise and Customs (CBEC) has clarified that the time limit for generation of GSTR-2A and 1A will be extended as the due date for fil.....

Tags : Central Board of Excise and Customs, GSTR-2A, GSTR-1A

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Delhi Govt Notifies GST Exemption to Intra-State supply of Heavy Water and Nuclear Fuels(10.11.2017)

Delhi Government has notified that intra-state supply of heavy water and nuclear fuels will be out of the ambit of Goods and Services Tax (GST).

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST: Only 50 Items to Remain in 28 Percent Slab(10.11.2017)

GST Council has decided to keep only 50 items, mostly demerit, sin and luxury goods in top 28% bracket.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST: 18% Rate for Chewing Gums, Chocolates, After Shave(10.11.2017)

GST Council has said that 18% GST will be levied on chewing gums, chocolates, after shave, deodorant, washing power, detergent, marble.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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No IGST on Import of Specific Sports Goods by Sports Persons of Outstanding Eminence(13.11.2017)

GST Council has exempted the import of specific sports goods by sports persons of outstanding eminence from the ambit of Integrated Goods and Services.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST Council: File Form GSTR-3B by 20th of Succeeding Month Till March, 2018(13.11.2017)

GST Council has said that all taxpayers would file return in FORM GSTR-3B along with payment of tax by 20th of the succeeding month till March, 2018.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST Council Reduces Fine for Late Filing of Return to Rs. 20 from Rs. 200 per day(13.11.2017)

GST Council has said that for filing FORM GSTR-3B, the amount of late fee payable by a taxpayer whose tax liability for that month was ‘NIL’ will be R.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Extends Time limit for Filing of Return by Composition Dealer(16.11.2017)

Central Government has notified that the time limit for filing GST return in Form GSTR-4 by the Composition dealer is extended to 24th December 2017.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Extends Due Dates for Filing GSTR-1 by Taxpayers with Aggregate Turnover of More than 1.5 Crore(16.11.2017)

Central Government has extended due dates for furnishing of GSTR-1 for those taxpayers with aggregate turnover of more than Rs.1.5 crores. The due dat.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Extends Due Dates for Filing GSTR-1 by Taxpayers with Aggregate Turnover of Upto 1.5 Crore(16.11.2017)

Central Government has extended due dates for furnishing of GSTR-1 for those taxpayers with aggregate turnover of upto Rs.1.5 crores. The due dates ar.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Due Date for Furnishing GSTR-5 by Non-Resident Taxable Person Extended to 11th December(16.11.2017)

Central Government has extended time limit for furnishing the return by a non-resident taxable person in FORM GSTR-5 under the Goods and Services Tax .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Extends Due Date for Filing GSTR-5A to 15th December(16.11.2017)

Central Government has extended the due date for filing of return in FORM GSTR-5A for the months of July to October, 2017 till 15th December 2017.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Notifies Due Dates for Furnishing FORM GSTR-3B till March 2018(16.11.2017)

Central Government has notified the due dates for furnishing the returns in FORM GSTR-3B till March 2017. As per the Notification, returns for January.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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CBEC Notifies 2.5% CGST for Standalone Restaurants Without Input Tax Credit and 9% for Others(16.11.2017)

Central Board of Excise and Customs (CBEC) has notified that standalone restaurants are liable to pay CGST @ 2.5% whereas other restaurants would pay .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt. Notifies GST Rate of 2.5% on Scientific & Technical Equipments Supplied to Certain Institutions(16.11.2017)

Central Board of Excise and Customs (CBEC) has notified Concessional Goods and Services Tax (GST) rate of 2.5% on Scientific and Technical Equipments .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST on Supply of Raw Cotton by Agriculturist will be Paid by Recipient Under Reverse Charge: CBEC(16.11.2017)

Central board of Excise and Customs (CBEC) has notified that Goods and Services Tax (GST) on supply of Raw Cotton by agriculturist will be liable to b.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Central Government Extends Due Date for filing GST TRAN-1 Till 27th December(17.11.2017)

Central Government has notified that the due date for filing FORM GST TRAN – 1 (with revision facility) extended to 27th December from 30th November 2.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt: GST is Not Payable on Advances Received for Supply of Goods(17.11.2017)

Central Government has exempted all taxpayers from payment of tax on advances received in case of supply of goods under the Central Goods and Services.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Suppliers Using E-Commerce Platform Having Turnover Below 20 lakhs Exempted From GST Registration(17.11.2017)

Central Government has notified that the threshold limit of turnover of Rs. 20 lakhs is also applicable to suppliers using e-commerce platform under t.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST: Government Extends Due Date for Filing ITC-04 Till December 31(17.11.2017)

Central Government has extended the due date for submission of details in FORM GST-ITC-04 under the Central Goods and Services Tax Act till 31st Decem.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GSTN Starts Offline Utility for Filing GSTR-3B(23.10.2017)

Goods and Services Tax Network (GSTN) has launched an excel based offline tool for filing GSTR 3B. Taxpayers can download offline utility from GSTN po.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST Rate on Food Packages Distributed to EWS under Govt Approved Programmes Reduced(23.10.2017)

Central Government has notified that only 5% GST is leviable on food preparations put up in unit containers and intended for free distribution to econ.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Madras HC Strikes Down Provision of TNVAT Act Disallowing Input Tax Credit to Jewellers(23.10.2017)

Madras High Court has quashed the order of Commercial Tax department disallowing Input Tax Credit (ITC) to jewelers across Tamil Nadu.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Notifies CGST (Tenth Amendment) Rules(23.10.2017)

Central Government has notified 10th amendment to Central Goods and Services Tax (CGST) Act, 2017. The amended notification says that for claiming ref.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Waives Late Fee for August and September Returns(25.10.2017)

Central Government has clarified that no late fee would be levied on tax payers who failed to furnish the return in FORM GSTR-3B for the month of Augu.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Notifies 0.1% GST on Intra-State Supply of Goods between Registered Persons for Exports(25.10.2017)

Central Government has notified Integrated tax of 0.1% and Central Tax rate of 0.05% on intra-State supply of taxable goods by a registered supplier t.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Allahabad HC Refuses To Entertain Borrower’s Loan Default Due To Demonetisation, GST(26.10.2017)

Allahabad High Court has dismissed a plea challenging recovery proceedings initiated against a borrower firm, which challenged recovery proceedings on.....

Tags : Allahabad High Court, Demonetisation, GST

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GST: Govt Extends Due date for filing GST ITC-04(26.10.2017)

Central Government has extended due date for filing ITC-04 for details of goods/capital goods sent to job worker and received back.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Extends Time Limit for Intimation of Details of Stock held Before Opting for Composition Levy(30.10.2017)

Central Government has extended time limit for intimation of details of stock held on the date preceding the date from which option for composition le.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST Registration: FORM GST REG-26 Can Be Filed Till 31st December(30.10.2017)

Central Government has extended due date for filing application for Final Registration in FORM GST REG-26 is extended to 31st December 2017.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST: Govt Notifies Extension of Due Date for filing FORM GST TRAN – 1(30.10.2017)

Central Government has notified that due date for filing FORM GST TRAN – 1 (with revision facility) extended to 30th November 2017 under Central Goods.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST Council Slashes Rates for 27 Items(09.10.2017)

GST Council has lowered tax rates on 27 products and a few services and asked a panel of state ministers to examine if 18% GST on air-conditioned rest.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST Council: Exports Are Tax Free for 6 Months(09.10.2017)

GST Council has said that exporters are exempted from the Integrated Goods and Services Tax (IGST) for 6 months.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt: No Further Extension of Last Date for Filing GSTR-1 for July(10.10.2017)

Government has said that there will not be any further extension for filing GSTR-1 for the month of July. The last date for filing GSTR-1 for the mont.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Supreme Court: Lessee Should Collect GST on Sale Value of Mineral Purchased in E-Auction(11.10.2017)

Supreme Court has directed that buyer of the mineral purchased in the e-auction shall pay Goods and Services Tax (GST) on the sale value directly to t.....

Tags : Supreme Court, Goods and Services Tax (GST), One-Nation_One-Tax

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Finance Ministry: Leasing of Vehicles Purchased & Leased Prior to GST Rollout Would Attract GST(13.10.2017)

Finance Ministry has clarified that leasing of vehicles purchased and leased prior to 1st July, 2017 would attract GST at a rate equal to 65% of the a.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST:Threshold Limit for Registration Applicable for Persons Making Inter-State Supplies of Services(16.10.2017)

Central Government has notified that persons making inter-State supplies of services having turn over above 20 Lakhs are bound to obtain registration .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Defers Reverse Charge Mechanism under GST till 31st March(16.10.2017)

Central Government has notified that the implementation of provisions relating to reverse charge mechanism will be applicable from 1st April 2018.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Prescribes Method for Payment of Tax on Issuance of Invoice by Registered Persons(16.10.2017)

Central Board of Excise and Customs (CBEC) has notified method for making payment of tax on issuance of invoice by registered persons having aggregate.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Empowers State Tax Officers for Processing and Grant of Refund under CGST Act(16.10.2017)

Central Government has issued a notification seeking to cross-empower State Tax officers for processing and grant of refund under the Central Goods an.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Returns Filing Date by Person Supplying Online Info & Database Access Services Extended till 20th Nov(16.10.2017)

Central Board of Excise and Customs (CBEC) has extended due date of filing return for persons providing Online Information and Database Access or Retr.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Extends Timelimit for Filing ITC-01 to 31st October(16.10.2017)

Central Government has notified extension of time limit for making declaration GST ITC-01 to avail Input Tax Credit till the 31st day of October 2017.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Extends Due Date for Filing GSTR-6(29.08.2017)

Central Government recently extended the due date for filing GSTR-6 till September. As per the new Notification, Input Service Distributor can file re.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST Intelligence Arm to be Regulator for Gems & Jewellery Sector Under PMLA to Monitor Black Money(29.08.2017)

GST intelligence arm, Directorate General of Goods and Service Tax Intelligence, has been named the regulator for dealing with money laundering cases .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Government: Non-Monetary Fringe Benefits Received by Employees are Subject to GST(29.08.2017)

Central Government has clarified that non-monetary fringe benefits received by an employee from his employer is subject to tax under the new indirect .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Clarifies, 'Lottery is a Good under GST Regime'(30.08.2017)

Central Board of Excise and Customs has said that supply of lottery has been treated as supply of goods under Central Goods and Services Tax (CGST) Ac.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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CBEC: Online Info., Database Access Suppliers From Outside India Gets Relaxation For Return Filing(30.08.2017)

Central Board of Excise and Customs (CBEC) has extended the due date of filing return for persons providing Online Information and Database Access or .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Government Notifies E-Way Bill Rules(31.08.2017)

Government has notified the E-way Bill Rules, 2017 keeping some items of mass consumption such as vegetables, fruits, food grains, meat, bread, curd,.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Cabinet Approves Promulgation of GST (Compensation to States) Ordinance, 2017(31.08.2017)

Union Cabinet has approved promulgation of an ordinance to suitably amend the Goods and Services Tax (Compensation to States) Act, 2017.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Government: Hospital Room Rent Exempted from GST(04.09.2017)

Central Government has clarified that the rent paid by patients for hospital rooms are out of the ambit of Goods and Services Tax (GST) regime.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Government Waives Late Fee for July Returns(04.09.2017)

Central Government has clarified that no late fee would be levied on tax payers who failed to furnish the return in FORM GSTR-3B for the month of July.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Allows Tax Payers to Rectify Errors in GSTR 3B While Filing GSTR 1 and GSTR 2(04.09.2017)

Central Board of Excise and Customs (CBEC) has clarified that the tax payers can correct the errors made in GSTR 3B while filing regular returns in GS.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Jharkhand Government Imposes Conditions on Provisional Refund of ITC to Zero Rated Suppliers(04.09.2017)

Jharkhand Government has notified that a zero rated supplier cannot be granted with provisional refund of input tax credit if he does not file returns.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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President Promulgates Ordinance to Raise GST Compensation Cess on Motor Vehicles(04.09.2017)

President Ram Nath Kovind has promulgated an ordinance to raise the compensation cess levied luxury, sports utility and large cars under the Goods and.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Extends Deadline for Filing GST Returns(06.09.2017)

GIC (GST Implementation Committee) has decided to extend date of GSTR 1, GSTR 2 and GSTR 3 for the month of July to 10th, 25th and 30th September 2017.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Special Court Sentences Abu Salem To Life, 2 Get Death In Mumbai Blasts Case(07.09.2017)

A Special Court has sentenced to life in jail Gangster Abu Salem in the 1993 Mumbai blasts case, while two other convicts, Tahir Merchant and Feroz Kh.....

Tags : Special Court, Gangster Abu Salem

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#GST Cess Hike in Cars to Take Effect from Today(11.09.2017)

GST Council has decided to hike cess on mid-sized cars by 2%, taking the effective GST rate to 45%. Also, cess on large cars has been hiked by 5%, tak.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: TDS, TCS Deductors Can Apply for GST Registration from 18 September(11.09.2017)

Goods and Services Tax (GST) registrations for entities mandated to collect and deduct tax at source will start from 18 September. However, the date f.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST Council Alters Tax Rates for Over 40 items(11.09.2017)

GST Council has slashed tax rates for Walnuts, broom, clay idols custard powder, idly-dosa batter, rubber bands, raincoat, dhoop batti, saree fall, co.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Deadline for GSTR 1 Filing Extended to October(11.09.2017)

GSTR1, which was to be filed by Sep 10, can be filed till Oct 10 by smaller businesses and large ones by Oct 3. GSTR-2 for July will have to be done b.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Re-opens Registration Window for Opting Composition Scheme till 30th Sep(11.09.2017)

Goods and Services Tax (GST) Council has re-opened the registration window for composition scheme till 30th September.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Government Extends Due Date for Filing GSTR for July by ISD to Oct 13(14.09.2017)

Central Government has extended the due date for filing of returns for the month of July by Input Service Distributor to October 13th.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST: Registration Window for GST Composition Scheme Open Now(18.09.2017)

Government has opened option for GST Composition Scheme for the assessment year 2017-18 for small traders. The persons who want to avail the benefit o.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Kerala HC Permits Release of Seized Goods on Payment of 50% of Demand as per GST Laws(18.09.2017)

Kerala High Court has directed Commercial Tax Officer to release detained goods on payment of 50% of demand as per the new Goods and Services Tax (GST.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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CBEC Asks Field Officers to Take GST Disputes to Supreme Court(19.09.2017)

Central Board of Excise and Customs (CBEC) has instructed its field officers to prepare to move the Supreme Court on all disputes where levy of Goods .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Extends Due Date for Filing Form GST TRAN-1 to 31st October(20.09.2017)

Central Government has extended period for submitting the declaration in FORM GST TRAN-1 till 31st October, 2017.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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CBEC: Royalty Paid to Govt for Right to Use Natural Resources Subject to GST Under RCM(22.08.2017)

Central Board of Excise and Customs (CBEC) has clarified that license fee, lease charge, royalty etc paid to Government for assigning right to use nat.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: E-Commerce Operators Providing House-keeping Services Are Liable to Pay GST(24.08.2017)

Central Government has notified that E-Commerce Operators would be liable to pay Goods and Services Tax (GST) for providing house-keeping services und.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Clarifies Applicability of GST on Selling of Space for ads in Print Media(24.08.2017)

Govt has clarified that selling of space for ads in print media is leviable to GST @ 5%, if ad agency works on principal to principal basis. If ad age.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Clarifies Applicability of GST on Services by Fair Price Shops(24.08.2017)

Central Government has clarified that services provided by Fair Price Shops to Government are exempted from the ambit of new Goods and Services Tax (G.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Services of FIFA to Attract NIL GST(24.08.2017)

Central Government has exempted services provided by and to Fédération Internationale de Football Association (FIFA) and its subsidiaries directly or .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: LLPs Must be Treated as a Partnership Firm or Firm under GST Regime(24.08.2017)

Central Government has notified that Limited Liability Partnerships (LLP) registered under 2008 Act must be considered as a partnership firm or Firm u.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Composite Supply of Works Contract Provided to Govt Attracts 12% GST(24.08.2017)

Government has reduced rate of GST applicable to specified supply of works contract services to 12 per cent from the current 18%. Transport of passeng.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Govt Notifies Acts Extending CGST & IGST to Jammu & Kashmir(28.08.2017)

Central Government has notified CGST and IGST Acts extending Goods and Services Tax (GST) laws to the State of Jammu and Kashmir.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Border Commercial Tax Checkposts in 22 States Abolished(04.07.2017)

As many as 22 states have abolished Border Commercial Tax checkposts after rollout of Goods and Services Tax (GST) on July 1, marking a big step towar.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Firms Can Sell ‘Unsold Stock’ at Reprinted MRP Till Sept 30(05.07.2017)

Central Government has allowed change in MRP on unsold stock prior to implementation of Goods and Services Tax (GST) till 30th September 2017.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Releases FAQs on Composition Levy(06.07.2017)

Central Government has released Frequently Asked Questions (FAQs) on Composition levy under new indirect tax law, GST.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Allows Manual filing of Bond/Letter of Undertaking for Exports(06.07.2017)

Central Board of Excise and Customs (CBEC) has clarified that exporters can manually submit Bond/ Letter of Undertaking for exports.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: 5% Tax on Branded Goods Applicable Only if Brand/ Trade Name is Registered Under TM Act(06.07.2017)

Central Government has clarified that unless the brand name or trade name is actually on Register of Trade Marks and is in force under Trade Marks Act.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Registration for Tax Deductor and Tax Collector will Start from July 25(06.07.2017)

Government has decided to open the registration window for Tax Deductors and Tax collectors from July 25.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: WB Govt Prohibits Tax Deduction/ Collection under WB VAT Act(06.07.2017)

West Bengal Government has said that no TDS/TCS shall be collected under WB VAT Act till the enforcement of TDS/TCS provisions under GST Acts.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Exempts SEZs from Integrated GST(07.07.2017)

Government has exempted goods imported by units or developers of special economic zones from Integrated Goods and Services Tax (IGST).

Tags : Government, Integrated GST

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#GST: It's One India, One tax as J&K Accepts GST(07.07.2017)

J&K legislative assembly has adopted a resolution to implement Goods and Services Tax in state, paving the way towards a truly "one India, one tax sys.....

Tags : J&K, GST

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#GST: President Promulgates CGST & IGST Ordinances for Jammu & Kashmir(10.07.2017)

President Pranab Mukherjee has promulgated two ordinances regarding introduction of Goods and Service Tax (GST) in Jammu and Kashmir.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: FM Launches Mobile App ‘GST Rates Finder’(10.07.2017)

Union Finance Minister Arun Jaitley has launched a mobile app “GST Rates Finder” which is now available on android platform and will soon be available.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Clarification on Migration, New Registration, Opting for Composition Scheme Etc Issued(10.07.2017)

Ministry of Finance has issued clarification on Migration, New Registration, Opting for Composition Scheme and Issue of Bills of Supply. Any person wh.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Notifies Safeguards for Furnishing LoU in place of a Bond for Exports(10.07.2017)

Central Board of Excise and Customs (CBEC) has notified conditions and safeguards for registered person who intends to supply goods or services for ex.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Notifies IGST Exemption to Goods & Services Imported to SEZ(10.07.2017)

Central Government has notified exemption to Integrated Goods and Services Tax (IGST) on all goods and services imported from special economic Zones (.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: 18% IGST on Renting of Transport Vehicles Other than Motorcabs(10.07.2017)

Central Government has issued a corrigendum to its earlier Notification No. 8/2017 dated 28.06.2017 whereby rental services of transport vehicle other.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: IGST on High Sea Sales of Imported Goods is Payable at Time of Clearance(03.08.2017)

Central Board of Excise and Customs (CBEC) have clarified that Integrated Goods and Services Tax (IGST) is payable on High Sea Sales of goods imported.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GSTN Asks Traders to File July Returns from 5 Aug Onwards(04.08.2017)

Goods and Services Tax Network (GSTN) will open the facility of filing returns from 5th August 2017. By this, the first GST return for the month of Ju.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST Council Confirms Applicability of RCM on Legal Services(08.08.2017)

GST Council has confirmed applicability of reverse charge mechanism on all legal services provided to business entities.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST Council Freezes Rate for Textile Job Works at 5%, Cuts Rate for Govt Works Contract to 12%(08.08.2017)

GST Council in its 20th meeting has fixed GST rate for textile job works at 5 percent, and cut rate for government works contract to 12 percent with b.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST Council Freezes Rate for Printing Books, Newspapers at 12% If Services Supplied by 3rd Party(08.08.2017)

GST Council has said that tax rate of job work for printing books and newspapers will be 12% if service is supplied by someone else, while GST rate wi.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST Council Brings Down Tax Rates on Agricultural Services to 12%(08.08.2017)

GST Council has brought down agriculture services, tax rate of post-harvest and storage to 12% from current 18%. Tax rate for entry into planetariums .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST Council Says for 'Rent a Cab Service' Rate will be 12% If Service Provider Does Not Claim ITC(08.08.2017)

GST Council has said that in case of 'rent a cab service', GST rate will be 12% if service provider does not wish to claim Input Tax Credit (ITC), whi.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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CBEC Asks Exporters to Register their Bank Accounts with Customs for IGST Refunds(08.08.2017)

Central Board of Excise and Customs (CBEC) has asked exporters to register their Bank Accounts with Customs for Integrated Goods and Services Tax (IGS.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Extends Time limit for Furnishing Returns(09.08.2017)

Government has extended date of filing returns under CGST Act, 2017. For July & August, FORM GSTR-1 can be filed between 01-05 Sep, 2017 and 16-20 Sep.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: West Bengal Unanimously Passes State GST Bill(10.08.2017)

West Bengal Assembly has unanimously passed State Goods and Services Tax (SGST) Bill.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Haryana Govt Issues Guidelines for Inspection/ Detention of Conveyances(11.08.2017)

Haryana State Government has issued guidelines for road side checking and inspection/detention of conveyances under GST regime. As per GST law, Govt. .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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CBEC: LUT Available to Exporters Having Remittance of 1 to 10 Cr of Export Turnover(14.08.2017)

CBEC has clarified that any registered person who has received a minimum foreign inward remittance of 10% of export turnover in preceding financial ye.....

Tags : CBEC, GST

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#GST: CBEC Clarifies 'Manufacturer of Food Items Can Claim ITC on Rent'(17.08.2017)

Central Board of Excise and Customs (CBEC) has clarified that a manufacturer of taxable food items is eligible to claim input tax credit on the rental.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: CBEC Clarifies 'Food Supplied in Non-AC Areas of A/C Restaurants Attracts 18% GST'(17.08.2017)

Central Board of Excise and Customs (CBEC) has clarified that 18 per cent GST is applicable to food supplied in non-A/C areas of an A/C restaurant.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST Return Filing Date Extended for Taxpayers Availing Input Tax Credit(18.08.2017)

Central Government has extended due date for filing of Goods and Services Tax (GST) return for taxpayers who want to avail the transitional input tax .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: CBEC Says 'Tractors to Attract 18% Tax'(21.08.2017)

Central Government has notified that 18 per cent GST is applicable to tractors. Earlier, a highest rate of 28% was applicable on tractors.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Kerala Assembly Passes State GST Bill, 2017(21.08.2017)

Kerala Legislative Assembly has passed the Kerala Goods and Services Tax Bill, 2017.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Notifies Amended CGST Rules, Releases Form for Grant of UIN to UN Bodies(21.08.2017)

Central Government has notified the amended Central Goods and Services Tax (CGST) Rules, 2017. It also released the application/form for grant of Uniq.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Notifies Date & Conditions for E-Filing of Form to Avail Transitional ITC(21.08.2017)

Central Government has notified the conditions for furnishing return in FORM GSTR-3B electronically through common portal for the month of July, 2017,.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Council Reviews Cess on Cigerrates, New Rates Applicable from Monday Midnight(18.07.2017)

Goods and Services Tax (GST) Council has raised GST compensation cess on cigarattes over higher rate of 28 per cent.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: 12% GST on Citrus Fruits, Clementines, Wilkings, Grape Fruits Including Lemons and Limes(18.07.2017)

Central Government has issued a corrigendum to Notification No.1/2017-Central Tax (Rate), dated 28th June, 2017 stating that citrus fruits, clementine.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Delhi High Court Notices Centre Over Plea Against 12% GST on Sanitary Napkins(19.07.2017)

Delhi High Court has sought response of Centre on a plea against imposition of 12 per cent GST on sanitary napkins.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Delhi HC Questions Legality of Centre’s Press Release on GST on Legal Services(19.07.2017)

Delhi HC has asked Centre to clarify “legal sanctity” of press release, wherein it was clarified that legal services provided by an individual Advocat.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Assam Notifies List of Documents Required for Transit of Goods(19.07.2017)

Government of Assam has notified list of documents which shall be carried by a person in charge of the conveyance at the time of consignment of goods .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Centre Says Hotel Tariffs upto 7500 to Attract 18% GST Irrespective of Star Rating(19.07.2017)

Government has clarified that accommodation in any hotel, including 5-star hotels, having a declared tariff of a unit of accommodation of less than IN.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: GSTN Portal Begins Invoice Uploading for Businesses(25.07.2017)

GSTN portal has started accepting uploading of sale and purchase invoices of businesses generated post Goods and Services Tax rollout on July 1.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Extends Deadline for Composition Scheme(25.07.2017)

Government has extended deadline for small businesses to opt for composition scheme in GST regime by nearly four weeks to August 16.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: National Anti-profiteering Authority Set Up to Aid Consumer Confidence(26.07.2017)

GST Council has formed a selection committee headed by the Cabinet Secretary to identify and recommend eligible persons for appointment as the chairma.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Odisha Cabinet Approves Revised Rates(27.07.2017)

Odisha Cabinet has granted its nod for revised Goods and Services Tax (GST) rates and provided its consent for changes in cadres of Agricultural depar.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Says 'Exporter can Claim Refund of GST Compensation Cess on Exported Goods'(31.07.2017)

Central Board of Excise and Customs (CBEC) has clarified that exporter is eligible for refund of GST Compensation Cess in respect of goods exported by.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Notifies Goods and Services Tax Settlement of Funds Rules, 2017(31.07.2017)

Central Government has notified Goods and services Tax Settlement of funds Rules, 2017 which regulates distribution of tax among States under the newl.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Notifies Central Goods and Services Tax (Fourth Amendment) Rules, 2017(31.07.2017)

Central Government has notified Central Goods and Services Tax (Fourth Amendment) Rules, 2017. As per the amended Rules, last date for migration of pe.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Andaman & Nicobar Govt Issues Regulations to Impose VAT on Goods Excluded from GST(31.07.2017)

Government of Andaman & Nicobar has issued regulations for imposing Value Added Tax (VAT) on goods not covered under the new Goods and Services Tax (G.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Government Adds Sanitary Napkins to 12% Tax Slab(11.07.2017)

Government has said that sanitary napkins will attract a GST rate of 12%, a shade lower than 13.7% in the previous indirect tax regime.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: No GST on Annual Gifts By Employer of Less Than Rs. 50,000(11.07.2017)

Ministry of Finance has clarified that gifts up to a value of Rs 50,000/- per year by an employer to his employee are outside the ambit of GST.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Bombay HC Dismisses PIL Seeking To Defer GST Rollout(12.07.2017)

Bombay High Court has dismissed a PIL seeking deferment of implementation of GST which was rolled out on July 1.

Tags : Bombay High Court, GST

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#GST: Govt Notifies GST Exemption to Import of Aircraft, Aircraft Engines and Its Parts(12.07.2017)

Central Government has notified exemption to the import of aircraft, aircraft engines and its parts procured on lease from the the Goods and Services .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: No GST on Free Food Supplied in Anna Kshetras(12.07.2017)

Finance Ministry has clarified that Goods and Services Tax (GST) is not applicable on free food supplied in Anna Kshetras run by religious institution.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Delhi HC Says 'No Coercive Action Against Lawyers, Law Firms For Non-Compliance With GST'(14.07.2017)

Delhi High Court has directed the Centre to abstain from taking any coercive action against lawyers and law firms for non-compliance with any legal re.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Services by Educational Institution to Students, Faculty, Staff Exempt from GST(14.07.2017)

Ministry of Finance has clarified that services provided by an educational institution to students, faculty and staff are fully exempt from Goods and .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Services by Residents Welfare Association Not to Become Expensive under GST(14.07.2017)

Ministry of Finance has clarified that services provided by Housing Society Residents Welfare Association not to become expensive under Goods and Serv.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Legal Services By Individual Lawyers, Senior Lawyers,Law Firms Liable For GST Under RCM(17.07.2017)

Ministry of Finance has clarified that legal services provided by an individual advocate including a senior advocate and a firm of advocates are liabl.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST:Services By Educational Bodies, Including Boarding & Lodging Facilities, Fully Exempt From GST(17.07.2017)

Finance Ministry has clarified that there is no change in tax liability relating to education and related services in the GST era, except reduction in.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Non-Registration with GST After July 30th Would Attract Penalty(17.07.2017)

Finance Ministry has said that traders should obtain registration under Goods and Service Tax (GST) law at the earliest without waiting for the last d.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Taxpayers Can Opt for Composition Scheme till July 21(17.07.2017)

Govt has said that small businesses with turnover of up to Rs 75 lakh can opt for composition scheme under Goods and Services Tax regime till July 21.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Registered Person Dealing with 2nd Hand Goods Can Avail Benefits of Margin Scheme(17.07.2017)

Central Government has clarified that any registered person dealing in buying and selling of second hand goods can avail benefit of Margin scheme subj.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: CBEC Issues Revised Rates of Rebate of State Levies on Export of Garments, Textile(17.07.2017)

Central Board of Excise and Customs (CBEC) has released revised rates of rebate of state levies on export of garments and textile made-up articles whi.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Punjab, Tamil Nadu Passes State Goods and Services Tax (GST) Bills(20.06.2017)

Punjab and Tamil Nadu State Assemblies have passed Punjab State Goods and Services Tax (GST) Bill, 2017 and Tamil Nadu State Goods and Services Tax (G.....

Tags : Goods and Services Tax (GST) Bill

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#GST: Government Notifies Persons Exempted from Obtaining Registration(21.06.2017)

Central Government has notified persons only engaged in making taxable supplies, total tax on which is liable to be paid on reverse charge basis as th.....

Tags : Goods and Services Tax, GST, Registration

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#GST: Govt notifies gst.gov.in as Common E-Portal for GST(21.06.2017)

Central Government has notified www.gst.gov.in as the Common Goods and Services Tax Electronic Portal for facilitating registration, payment of tax, f.....

Tags : Goods and Services Tax, GST, E-Portal

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#GST: Six Sections of IGST Act Comes Into Force Tomorrow(21.06.2017)

Central Government has notified that six sections (1, 2, 3, 14, 20, 22) of Integrated Goods and Services Tax (IGST) Act will be implemented from 22nd .....

Tags : Goods and Services Tax, GST, IGST Act

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#GST: Eighteen Sections of CGST Act Comes Into Force Tomorrow(21.06.2017)

Central Government has notified that eighteen sections (1-5, 10, 23-30, 139, 146, 164) of Central Goods and Services Tax (CGST) Act will be implemente.....

Tags : Goods and Services Tax, GST, CGST Act

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#GST: CBEC Notifies Jurisdiction of Tax Officers under CGST & IGST Act(21.06.2017)

Central Board of Excise and Customs (CBEC) has notified jurisdiction of Tax officers under Central Goods and Services Tax (CGST) and Integrated Goods .....

Tags : Goods and Services Tax, GST, CGST Act, IGST Act

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#GST: Govt Notifies Anti-Profiteering Rules(21.06.2017)

Central Government has notified the Anti-profiteering Rules, 2017 under the GST law.

Tags : Goods and Services Tax, GST, Anti-Profiteering Rules

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#GST: CBEC Notifies Aadhaar/ Bank Account Based Verification for Purpose of CGST Rules(21.06.2017)

Central Board of Excise and Customs (CBEC) has notified Aadhaar based Electronic Verification Code (EVC) or Bank account based One Time Password as mo.....

Tags : Goods and Services Tax, GST, CGST Rules, Aadhaar/ Bank Account

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#GST: Central Goods & Services Rules-2017 Notified, Will Be Effective From Tomorrow(21.06.2017)

Central Board of Excise and Customs (CBEC) in exercise of powers conferred by section 164 of Central Goods and Services Tax Act, 2017 has notified Cen.....

Tags : Goods and Services Tax, GST, Central Goods & Services Rules-2017

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#GST Rollout: Six Sections of IGST Act Notified, Effective From Today(22.06.2017)

Central Government has notified that six sections (1, 2, 3, 14, 20, 22) of Integrated Goods and Services Tax (IGST) Act shall come into force from tod.....

Tags : Central Government, Goods and Services Tax (IGST) Act

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#GST Rollout: Eighteen Sections of CGST Act Notified, Effective from Today(22.06.2017)

Central Government has notified that eighteen sections (1-5, 10, 23-30, 139, 146, 164) of Central Goods and Services Tax (CGST) Act shall come into fo.....

Tags : Goods and Services Tax, GST, CGST Act

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#GST Rollout: Central Goods & Services Rules-2017 Notified, Effective From Today(22.06.2017)

Central Board of Excise and Customs (CBEC) in exercise of powers conferred by section 164 of Central Goods and Services Tax Act, 2017 has notified Cen.....

Tags : Goods and Services Tax, GST, CGST Act

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#GST Rollout: All 30 States, Union Territories sans J&K Ready For GST From July 1(22.06.2017)

All States and Union Territories, barring Jammu and Kashmir, have passed their State GST Act, paving the way for rollout of Goods and Services Tax fro.....

Tags : GST Rollout:, State GST Act

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#GST Rollout: Central Government Declares 1st July as ‘GST Day’(23.06.2017)

Union finance ministry has said that GST Day will be celebrated across all field offices of Central Board of Excise and Customs (CBEC) on July 01, in .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST Rollout: Govt Starts Registration for GST Practitioners(26.06.2017)

Govt has opened registration for GST Practitioners. Standardised formats (GST PCT-1 to GST PCT- 5) have been prescribed for making application for enr.....

Tags : GST Practitioners, GST

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#GST Rollout: AP, Gujarat & Jharkhand Govts Notifies Composition & Registration Rules(26.06.2017)

Andhra Pradhesh, Gujarat and Jharkhand Governments have notified Composition and Registration Rules which are applicable from 22nd July 2017.

Tags : GST Rules, GST

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#GST Rollout: RCM Not Applicable to Intra-State Supply of Goods, Services Below Rs. 5000(29.06.2017)

Central Government has notified that Reverse Charge Mechanism (RCM) is not applicable to intra-State supply of goods & services made by an unregistere.....

Tags : Central Government, GST, Reverse Charge Mechanism

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#GST Rollout: RCM Applicable to Supply of Lottery, Cashew Nuts, Silk Yarn, Bidi Wrapper Leaves(29.06.2017)

Central Government has notified list of goods (State-running Lottery, Cashew Nuts, Silk Yarn, Bidi Wrapper Leaves, Tobacco leaves etc.) taxable under .....

Tags : Central Government, GST, Reverse Charge Mechanism

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#GST Rollout: Govt Mandates Aadhaar based Verification for CGST, No Bank Account Based Verification(29.06.2017)

Central Board of Excise and Customs (CBEC) has issued a Notification mandating Aadhaar based Electronic Verification Code for purpose of CGST.

Tags : Central Government, GST, Aadhaar

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#GST Rollout: Govt Amends Provisions relating to Composition Levy under CGST & UTGST Act(29.06.2017)

Central Government has notified that manufactures of ice-cream, pan masala and tobacco cannot opt for composition levy under Central Good and Services.....

Tags : Central Government, GST, Composition Levy

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#GST Rollout: Govt Amends Registration Rules(29.06.2017)

Central Government has notified amendments made to Registration Rules under CGST, which says that registration granted to a tax payer can be cancelled.....

Tags : Central Government, GST, Composition Levy

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#GST Rollout:CBEC Notifies Remaining CGST Rules, Applicable from 1st July 2017(29.06.2017)

Central Board of Excise and Customs (CBEC) has notified remaining Central Goods and Service Tax (CGST) Rules which applicable from 1st July 2017.

Tags : Central Board of Excise and Customs, Central Goods and Service Tax (CGST) Rules

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#GST Rollout:Govt Sets Up War Room to Deal with GST Queries(29.06.2017)

Government has created a special war room to act as as single window for resolution of any GST-related issue. It will operate from eight in the mornin.....

Tags : Central Board of Excise and Customs, GST, War Room

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Bombay High Court Reserves Order Over Plea Seeking Deferment of GST Rollout(30.06.2017)

Bombay High Court has reserved its order after hearing both sides in a PIL seeking deferment of implementation of Goods and Services Tax Act (GST) til.....

Tags : Bombay High Court, GST

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#GST Rollout: Govt Issues FAQs on Registration & Registration as Tax Deductor/Tax Collector(30.06.2017)

Central Government has issued FAQs covering User Manual for functionalities available to a taxpayer from GST System Portal and FAQs for when a Taxpaye.....

Tags : GST Rollout, GST Day

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#GST Rollout: Govt Notifies Exempted Services Under UTGST Act(30.06.2017)

Central Government has notified list of exempted services under Union Territory Goods and Services Tax (UTGST) Act. The notification is applicable w.e.....

Tags : GST Rollout, GST Day

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#GST Rollout: Govt Notifies CGST Rates Schedule(30.06.2017)

Central Government has notified rates applicable to goods categorized under different schedules. The Notification contains VI schedules for which diff.....

Tags : GST Rollout, GST Day

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#GST Rollout: Govt Notifies July 1st as Date from Which GST is Made Applicable(30.06.2017)

Central Government has notified July 1st as the date from which Goods and Services Tax (GST) will be implemented.

Tags : GST Rollout, GST Day

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#GST Rollout: 18% Interest for Non-payment of Tax, 24% for Excess Claim of ITC(30.06.2017)

Central Government has notified rates of interest to be paid under CGST Act. Persons who fail to pay tax under CGST Act would be liable to pay interes.....

Tags : GST Rollout, GST Day

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#GST Rollout: Registered Persons Having Turnover Below 1.5 Crs Need Not Mention Digits of HSN Code(30.06.2017)

Central Government has notified number of digits of HSN Code to be mentioned in tax invoice under GST on basis of Annual Turnover. It exempts persons .....

Tags : GST Rollout, GST Day

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#GST Rollout: Govt. Notifies Categories of Services on which Tax Shall be Paid by E-commerce Operator(30.06.2017)

Central Government has notified categories of services which shall attract tax on intra-State supplies by electronic commerce operators. It includes s.....

Tags : GST Rollout, GST Day

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#GST Rollout: Govt. Notifies Specialised Agencies Entitled to Claim Refund Under GST Act(30.06.2017)

Central Government has notified specialised agencies entitled to claim a refund of taxes paid on notified supplies of goods or services or both receiv.....

Tags : GST Rollout, GST Day

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#GST Rollout: Govt. Notifies Supplies Not Eligible for ITC Refund Claim Under UTGST Act(30.06.2017)

Central Government has notified supplies not eligible for refund of unutilised ITC under UTGST Act.

Tags : GST Rollout, GST Day

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#GST Rollout: Govt. Notifies 'Services by Panchayat' As Exempted Services Under GST(30.06.2017)

Central Government has notified supplies which shall be treated neither as a supply of goods nor a supply of service under UTGST Act. It says services.....

Tags : GST Rollout, GST Day

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#GST Rollout: Govt. Notifies Certain Provisions of IGST Act, Applicable from July 1, 2017(30.06.2017)

Central Government has notified sections 4 to 13, 16 to 19, 21, 23 to 25 of Integrated Goods and Services Tax Act, 2017. It shall come into force from.....

Tags : GST Rollout, GST Day

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#GST Rollout: Govt. Notifies Certain Provisions of CGST Act, Applicable from July 1, 2017(30.06.2017)

Central Government has notified 6 to 9, 11 to 21, 31 to 41, 42 except the proviso to sub-section (9) of section 42, 43 except the proviso to sub-secti.....

Tags : GST Rollout, GST Day

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#GST: Registered Persons Can Claim Refund of Integrated Tax on Export of Goods/Services(03.07.2017)

Govt has notified amended rules relating to CGST which has inserted a new clause, Rule 96A to CGST Rules that allows a registered person to claim refu.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Notifies GST Compensation Cess Rules, 2017(03.07.2017)

Government has notified GST Compensation Cess Rules, 2017 in order to compensate loss of manufacturing States under new indirect tax regime for first .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Unregistered Dealers Can Claim Cenvat Credit for Goods Purchased before GST Rollout(03.07.2017)

Govt has notified that dealers who are not registered under Central Excise Act but is registered with CGST can claim Cenvat Credit for goods purchased.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Notifies Reduced Rate of Fertilizers under CGST(03.07.2017)

Govt has notified rates approved by GST Council on Fertilizers under CGST Act, UTGST Act and IGST Act. As per the notification, Mineral or chemical fe.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: GST Compensation Cess on Vehicles Transporting up to 13 Persons(03.07.2017)

Govt has amended its earlier notification dated 28.06.2017 which levies 15% GST Compensation cess on motor vehicles for transport of 10 or more person.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Assessee Having Provisional ID must Complete Registration Procedure by September(03.07.2017)

Govt has clarified that a period of three months is allowed to complete procedure of issue of Goods and Services Tax Identification Number (GSTIN) i.e.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Notifies Rate of Goods and Services under IGST & UTGST(03.07.2017)

Central Government has notified a number of notifications prescribing rates applicable for goods and services under IGST and UTGST Acts.

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Unutilized ITC Will Not be Refunded on Construction Services under UTGST(03.07.2017)

Central Board of Excise and Customs has notified that refund is not allowable under Union Territory Goods and Services Tax (UTGST) Act in case of cons.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Amends Customs, Central Excise Duties and Service Tax Drawback Rules(03.07.2017)

Government has amended Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 with a view to insert necessary changes to drawback rules u.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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#GST: Govt Lays Down Procedure for Intimating Aadhaar Number to IT Dept(03.07.2017)

Central Government has notified procedure for intimating Aadhaar number with Income Tax Department in compliance with provisions of section 139AA of I.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST Council Exempts Advocates, Senior Advocates From GST Registration(13.06.2017)

GST Council has decided to exempt Advocates, including Senior Advocates from obtaining CGST Registration under section 23(2) of Central Goods and Serv.....

Tags : GST Council, Advocates, Senior Advocates

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Govt: GSTN, PAN to be Used for Imports and Exports Instead of IEC Number under GST Regime(14.06.2017)

Ministry of Commerce and Industry has issued a Trade Notice regarding changes in IEC with introduction of new indirect tax law which states that trade.....

Tags : Ministry of Commerce and Industry, GST

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GST Enrollment Window Closes Tomorrow, Reopens on June 25(15.06.2017)

With the second round of GST enrollment set to close tomorrow, GST Network (GSTN) company has said it will re-open enrollment on June 25 to allow all .....

Tags : GST, Registration

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CBEC: Builders Compelling Flat Buyers to Pay Entire Amount before July will face Consequences(19.06.2017)

Central Board of Excise and Customs (CBEC) has warned builders compelling flat buyers to pay entire amount of flats before July 1st, due to rollout of.....

Tags : CBEC, GST

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Karnataka State Assembly Unanimously Passes State GST Bill(19.06.2017)

Karnataka legislative assembly has unanimously passed the State Goods and Services Tax (GST) Bill 2017.

Tags : Karnataka, GST

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#OneNationOneTax: GST Council Revises Tax Rates For Restaurants, Seals Rates for Lotteries(19.06.2017)

Goods and Services Tax (GST) Council has fixed cost of eating out at restaurants at 18%, down from 28% decided earlier. Council has fixed tax of state.....

Tags : Goods and Services Tax, GST Rates

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Road to GST: 24 States Pass State GST Bill While 7 Yet to Pass(07.06.2017)

Twenty Four States have passed State GST (SGST) Bill till 5th June, 2017 while 7 States viz. Meghalaya, Punjab, Tamil Nadu, Kerala, Karnataka, Jammu &.....

Tags : State GST (SGST) Bill

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CBEC Releases Transition Rules Approved by GST Council(08.06.2017)

Central Board of Excise and Customs (CBEC) has unveiled Transition Rules as finalized by GST Council in its meeting held on New Delhi last week.

Tags : Central Board of Excise and Customs, GST

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Govt Tightens Noose For July 1 GST Roll Out, Revises Rates For 66 Items, Eases Bizz Rules(12.06.2017)

Government has decided to lower rates on 66 goods and services, from pickles and cheaper cinema tickets to insulin and instant food mixes and also eas.....

Tags : GST, Rates, GST Council

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Assam Govt Issues Guidelines for Enrolment of GST Practitioners(12.06.2017)

Assam State Government has issued a memo containing guidelines for enrolment of GST practitioners. As per the rules, portal for enrolment of GST pract.....

Tags : Assam State Government, GST

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Finance Ministry Opted For Social Media to Invites Queries on GST, Launches New Twitter Handle(30.05.2017)

Department of Revenue, Ministry of Finance, Government of India has launched a new Twitter Handle @askGST_GoI to invite queries from all taxpayers on .....

Tags : GST, Twitter

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GST Registration Window Opens Tomorrow, Open till June 15(31.05.2017)

GST registration for traders who have already been registered under Commercial Taxes Department will resume on June 1 and which will conclude on June .....

Tags : GST registration

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Delhi Assembly Passes State Good And Services Tax (GST) Bill(01.06.2017)

Delhi Assembly has passed State Goods and Services Tax (GST) Bill even as Chief Minister Arvind Kejriwal pitched for capping tax rate at a maximum of .....

Tags : Delhi Assembly, State Good And Services Tax (GST) Bill

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GST Council Sets Stage For July 1 Roll Out, Seals Tax Rates of Final Six Items(05.06.2017)

GST Council in its 15th meeting held at New Delhi has fixed rates of gold, apparels, footwear, biscuits etc. As a corollary, 5% tax will be imposed on.....

Tags : GST Council, gold, apparels, footware, biscuits

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GST 'Rates, Rules Marathon' Ends, Sprint Begins for July 1 Roll Out of 'One Nation One Tax' Regime(05.06.2017)

Goods and Services Tax (GST) Council has decided to impose GST tax rate of 3% on Gold, Silver and processed Diamonds.

Tags : GST Council, Gold, Silver, Processed Diamonds

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GST: Input Tax Credit Limit on Existing Stocks Raised to Support Transition Period Sales(05.06.2017)

GST Council has decided to increase limit on input tax credit to 60% from earlier proposed 40% on items with excise rates above 18%, bringing some res.....

Tags : GST Council, Input Tax Credit

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GST Council Signs Off on GST Model Law(23.12.2016)

Centre and States has cleared Model GST Law in 7th GST Council Meeting chaired by Finance Minister Arun Jaitley.

Tags : GST Council, Model GST Law

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PAN Mandatory For Excise, Service Tax Payers For GST Registration(09.01.2017)

Tax Department has made it mandatory for central excise duty and service tax payers to obtain valid PAN number before they can be migrated to new Good.....

Tags : Tax Department, Excise, Service Tax, GST Registration

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GST: President Gives Nod to Four GST Bills, One-Nation_One-Tax Regime Roll Out Likely From July 01(13.04.2017)

President Pranab Mukherjee has given his approval to four supporting legislations related to Goods and Services Tax (GST), paving way for roll out of .....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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Haryana Assembly Clears Haryana Goods and Services Tax (GST) Bill(05.05.2017)

Haryana Assembly has passed Haryana Goods and Services Tax (GST) Bill, 2017 paving way for roll out of GST from July 1.

Tags : Haryana Assembly, Haryana Goods and Services Tax (GST) Bill

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Government Reopens Window for GST Registration From June 1(12.05.2017)

Government has decided to reopen window for GST registration for 15 days from June 1 for taxpayers to enroll themselves with the Goods & Service Tax N.....

Tags : Goods and Services Tax (GST), One-Nation_One-Tax

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GST: Andhra Pradesh, Uttar Pradesh State Assemblies Passes State GST Bill, 2017(17.05.2017)

Andhra Pradesh and Uttar Pradesh assemblies has unanimously passed State Goods and Services Tax Bill 2017.

Tags : GST Bill, 2017

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#GST: Council Freezes Rates For About 1,200 Items, 12-18% GST Rate For Most Products(19.05.2017)

GST Council has approved rates for 1,211 item, rates of leftover six categories are yet to be finalized. Most FMCG items to become cheaper, Small cars.....

Tags : GST, Rates, GST Council

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#OneNationOneTax: GST Council Paves Way for Lower Burden on Average Household(19.05.2017)

Tax Free Items: Milk, Jaggery, Cereals, Fruit & Vegetables, Pulses. Rate of 5%: Coffee, Tea, Sugar, Edible Oil, Coal, Indian Sweets. Rate of 18%: Ch.....

Tags : GST, Rates, GST Council

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#OneNationOneTax: Consensus Builds in Srinagar Meet on July 1 GST Rollout(19.05.2017)

GST Council has decided tax rates for 1211 items of goods and services, of which 7% will be exempted, 14% will fall in the 5% slab, 17% in the 12% sla.....

Tags : GST, Rates, GST Council

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#GST: Council Finalizes GST Rates For 1,211 Items, Items of Daily Use to Attract Lower Tax Rate(19.05.2017)

GST Council has finalized tax rates for over 1,200 items, wherein a consensus was drawn to exempt or lower taxes on several items of daily use.

Tags : GST, Rates, GST Council

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#GST: Council Seals Four Tier Tax Slab For Services, 13 in 5% Bracket, Education, Healthcare Exempted(22.05.2017)

GST Council has finalised tax rates for services. Education and healthcare have been exempted from GST regime. Telecoms and financial services will be.....

Tags : Goods and Services Tax (GST), One-Nation One-Tax, GST Rates, Services

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#GST: Council Exempts 83 Services From GST Regime, Fits About 500 Services Under Four Slabs(22.05.2017)

Rail, air and road transport will fall in the 5 per cent tax slab. Hotels with tariff under Rs 1,000 will be exempt from GST, those between Rs 1,000-2.....

Tags : Goods and Services Tax (GST), One-Nation One-Tax, GST Rates, Services

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#GST Council: Legal Services, Education, Health are Tax Free Under GST(22.05.2017)

Services by Government, Local authorities, RBI, educational institutions, incubate, services by way of slaughtering animals, insurance services and se.....

Tags : Goods and Services Tax (GST), One-Nation One-Tax, GST Rates, Services

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Odisha Paves Way For July 1 GST Rollout, Passes State GST Bill(22.05.2017)

Odisha State Legislative assembly has unanimously passed State Goods and Services Tax (SGST) Bill, 2017 and VAT Bill, 2017.

Tags : Goods and Services Tax (GST), One-Nation One-Tax, GST Rates, Services

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President Nods for Two UP Bills for Controlling Anti-Social Elements(19.05.2016)

President Pranab Mukherjee has given nod to two controversial bills — UP Control of Goonda Amendment and UP Gangsters and Anti-social Amendment.

Tags : President Pranab Mukherjee , UP Control of Goonda Amendment , UP Gangsters and Anti-social Amendment

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Finance Minister Arun Jaitley Tables GST Bill in Rajya Sabha(03.08.2016)

Finance Minister Arun Jaitley has tabled Goods and Services Tax (GST) Bill in Rajya Sabha.

Tags : Finance Minister Arun Jaitley, Goods and Services Tax (GST) Bill

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Rajya Sabha Passes GST Bill(04.08.2016)

Rajya Sabha has passed the Constitution (One Hundred and Twenty-Second Amendment) (GST) Bill, 2014.

Tags : Rajya Sabha , Constitution (One Hundred and Twenty-Second Amendment) (GST) Bill, 2014

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GST In Lok Sabha Once Again(08.08.2016)

Finance Minister Arun Jaitley, with a strong pitch for "one nation one tax,", has presented in the Lok Sabha the bill passed by the Rajya Sabha last .....

Tags : Arun Jaitley, Goods and Services Tax , GST

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GST Bill Rolls Out of Lok Sabha(09.08.2016)

The Constitution (122nd Amendment) Bill for rollout of the Goods and Sevices Tax (GST) has passed by the Lok Sabha, with 443 members present in the H.....

Tags : GST Bill , Lok Sabha

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50% Requirement of States Ratifying GST Bill Completes with Odisha’s Nod(02.09.2016)

With the Odisha Assembly approving the Constitutional Amendment Bill for GST, the requirement of 50 percent of States and UTs ratifying it has been co.....

Tags : GST

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President Approves GST Bill(08.09.2016)

President Pranab Mukherjee has signed the Government's flagship Goods and Services Tax or GST Bill.

Tags : GST Bill, President

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Cabinet Approves Setting Up of GST Council(12.09.2016)

Cabinet has approved setting up of the GST Council, which will decide on the rate of tax under the new Goods and Services Tax (GST) regime, likely to .....

Tags : Cabinet, GST Council

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HC Directs SIT to Submit Report on Probe into Nayeem Cases(19.10.2016)

Hyderabad High Court has directed Special Investigation Team (SIT) to furnish status report in Gangster Nayeemuddin's case within three weeks.

Tags : Hyderabad High Court, SIT, Gangster

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Madras HC Rejects Habeas Corpus Petition by Gangster’s Wife(19.10.2016)

Madras High Court has dismissed a Habeas Corpus Petition filed by wife of a gangster accusing Dindigul police of keeping him in illegal custody, after.....

Tags : Madras High Court, Habeas Corpus, gangster

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Top Story

GST Council Seals Rates for Goods & Services, Paves Way For July 1 Roll out of GST Regime in India(18.05.2017)

GST Council headed by Union Finance Minister Arun Jaitley has finalized tax rates for over 1,200 items, at a meeting held in Srinagar. GST will repla.....

Tags : GST, Rates, Fixation

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GST Council Approved Final Draft of Central GST and Integrated GST(04.03.2017)

The all-powerful GST Council headed by Union Finance Minister Arun Jaitley approved final draft of Central GST (C-GST) and Integrated GST (I-GST). Fur.....

Tags : Council, Approval, Implementation, GST

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At midnight, India’s biggest tax reform ‘GST’ is rolled Out from Parliament’s Central Hall(01.07.2017)

The long awaited Goods and Services Tax has finally seen light of day with its roll out at midnight of 30th June 2017. Ending a slew of indirect taxes.....

Tags : GST, Roll out, Launch

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GST council announced reduction in tax rates(10.11.2017)

In a significant relief to citizens, GST council in the meeting held on 10th November, 2017 has announced slashed GST rates on various goods and servi.....

Tags : GST, Rates, Reduction

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Union Cabinet approves creation of the National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT)(23.01.2019)

The creation of National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) for resolving disputes gets green signal in a Union Cabinet’s .....

Tags : National Bench, Creation, GSTAT

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