Balance between ease of doing business and compliance is tricky Last Updated at January 8, 2020 09:15 IST The Central Board of Indirect Taxes and
Category: GST
Departmental audit under GST begins; first set of notices sent to assessees – The Hindu BusinessLine
For the first time Goods & Services Tax (GST) authorities have started sending notices for audit of assessees to ensure correctness of tax paid and
Govt needs a carrot-and-stick policy for better GST collections – The Economic Times
By Anjana Menon Two years after introducing a poorly thought out, and hastily pushed through, goods and services tax (GST), the government is grappling with
GST—‘जीएसटी’चोरांनो खबरदार, कडक कारवाई होणार –महाराष्ट्र टाइम्स
वेळोवेळी जीएसटी रिटर्न न भरणाऱ्यांविरोधात कडक कारवाई करण्याचा निर्णय केंद्र सरकारने घेतला आहे. रिटर्न न भरण्यावर विविध राज्यांकडून घालण्यात येणारे पांघरूण आणि कारवाईचा कालावधी निश्चित
When the GST Council missed a step – The Hindu BusinessLine
The carefully nurtured spirit of true federalism has been broken and it is not good for the country At a time when India’s polity cannot
The GST system still awaits simplification – The Hindu BusinessLine
While the government is working to boost GST revenues, steps to make the filing of returns easier for taxpayers are also needed At the beginning
Going overboard on GST – The Hindu BusinessLine
Taxing resident welfare associations and branches for head office expenses allocated are the worst forms of tax tyranny The government is going overboard on GST.
Convoluted tax regime – The Hindu BusinessLine
GST construction levies, a real head-scratcher G Natarajan’s Demystifying GST for the Construction Industry (Oakbridge, ₹795) is intended as a comprehensive user’s manual for developers,
Time to soften GST blow on MSMEs – The Hindu BusinessLine
In his book, Arun Kumar suggests ways to convert the complex levy into a ‘Ground Nourishing Tax’ Change is not always easy to adapt to,
From GST rules to ‘muddled’ awards, key court orders from last week | Business Standard News
Blacklisting must not be endless Normally, blacklisting of a company has a finite life span, for a few years. But an “indefinite directive” is worse
Policymakers must stop treating cars like sin goods: Maruti’s R C Bhargava | Business Standard News
R C Bhargava has spent almost 40 years in the Indian auto industry. Even for him, the year 2019 has been the worst for the
Revenue Dept cautions DGFT on ‘star’ exporters getting GST refunds using fake invoices – The Hindu BusinessLine
Calls for more robust accreditation system The Revenue Department has brought to the notice of the Directorate General of Foreign Trade (DGCF) instances of ‘mis-availment’
States seek real-time access to GST returns, e-way bills – india news – Hindustan Times
Certain states have sought real-time access to annual Goods and Services Tax (GST) returns and e-way bills in order to check tax evasion, which can
E-commerce cos may get to upload GST e-invoice for vendors – The Economic Times
In a significant relaxation for the ecommerce sector, the government could allow online platforms such as Amazon and Flipkart to upload e-invoice for vendors under
Welcome rise in December GST collections–Economic Times
GST collections for December have been more than Rs 1 lakh crore, an increase of 9%, cementing the reversal of a declining trend that began
Pending IGST refunds leave Tiruppur exporters in the lurch – The Hindu BusinessLine
Pending IGST refunds leave Tiruppur exporters in the lurch Tirupur | Updated on January 04, 2020 Published on Over 250 exporters in Tiruppur have been
Govt releases FAQs on e-invoicing under GST – The Hindu BusinessLine
The Finance Ministry has come up with ‘Frequently Asked Questions (FAQs) on ‘e-invoicing’ under the GST system, reaffirming the government’s intent to implement ‘e-invoicing’ for
GST evaders set to face stricter scans – The Economic Times
Goods and services tax (GST) authorities are going to seek bank account details of businesses to tally with their filings, apart from initiating other measures,
Streamlining GST System: Revenue Secretary Pandey to chair meeting on January 7 – The Hindu BusinessLine
Deliberations to also focus on further use of data analytics and Artificial Intelligence for GST enforcement, curb fraud and evasion A day-long brainstorming session to
How GST helped the country sign a free trade agreement with itself – The Financial Express
The erstwhile interstate border tax checkposts having been dismantled, the truck took just half the time compared to the usual four-day travail in pre-GST days.