As many as 52,720 Integrated GST (IGST) refund claims are pending for more than one year, Minister of State for Finance Anurag Singh Thakur informed Parliament on
Category: GST
GST: Key changes and simplifications of GSTR-9 & GSTR-9C for taxpayers – The Economic Times
Highlights In addition to the extension, CBIC also simplified forms GSTR-9 and GSTR-9C by making several fields of these forms optional. Going forward, a taxpayer
India makes a big leap in ‘Ease of doing Business’ index, ranks 77 – india news – Hindustan Times
India jumped to the 77th spot in the ranking of countries by ‘ease of doing business’ on Wednesday, improving by 23 places over its 2017
It’s time to revisit income tax rates: Bibek Debroy, Chairman PMEAC – The Economic Times
It is time to rationalise GST rates, but it may not happen. This is not a perfect GST. In an ideal GST, all products should
Central GST falls short of budget estimate by 40% in April-November – The Financial Express
In 2018-19, the actual CGST collection stood at Rs 4,57,534 crore as against the provisional estimate of Rs 6,03,900 crore for the year The Central
Fixing the GST | Business Standard Editorials
It has been reported that the Goods and Services Tax (GST) Council, the body comprising the Union finance minister and those of the states, is
Delhi HC issues notices to exporters over non-payment of IGST on imports | Business Standard News
The Delhi High Court has issued notices to exporters in cases related to non-payment of integrated goods and services tax (IGST) on imports under an export incentive
जीएसटी रिटर्न्स दाखल न केल्यास काय होईल? | लोकमत
जीएसटी रिटर्न्स दाखल न केल्यास काय होईल? – सीए: उमेश शर्मा अर्जुन (काल्पनिक पात्र): कृष्णा, जीएसटी विभागाने नुकतेच जीएसटी रिटर्न्स दाखल न केल्यास ई-वे बिलच्या ब्लॉकिंग संबंधी एफएक्यू जारी
Register for panel discussion on ‘GST 2.0: The changes and challenges for taxpayers’ – The Economic Times
Panel members would include prominent indirect tax experts and members from the SME community and the one hour session will see discussion on a range
It’s time for a fair distribution of GST proceeds between Centre and states – The Economic Times
A stable final GST structure will ensure sustained increase in revenues, yielding a bounty in the medium term. The 15th Finance Commission submitted its report for the
Let analytics firms raise GST collections–Economic Times
The Centre and the states are under pressure to raise tax collections. Ending evasion of the goods and services tax (GST) is a priority. GST
‘कर’ता आणि कर्म! | लोकसत्ता
वस्तू आणि सेवा करापोटी राज्यांचे देणे टाळण्याची वेळ केंद्र सरकारवर आलेली आहे. हे असे का झाले आणि यातून मार्ग काय? वस्तू आणि सेवा कराची गुंतागुंतीची
Breather for BPOs: Government withdraws contentious GST Circular on back office support services – The Economic Times
This may provide respite to the industry, to the extent authorities were placing reliance on the erstwhile Circular to issue Show Cause Notices to back-office
Compensate States For GST Shortfalls–Economic Times
The Centre has reportedly informed the states that they could face shortfalls in goods and services tax (GST) compensation, due to lower tax revenues. This
GST structure to be reviewed on revenue concerns – The Economic Times
The Goods and Services Tax (GST) Council is set to embark on a comprehensive review of the tax structure in the wake of growing revenue
GST News | GST: Here’s what to do if your e-Way bill generation is blocked for tax defaults–Economic Times
Not generating an e-way bill will be considered as non-compliance as per the provisions of the GST law. Highlights As per GSTN data, around 20.75
Letter sent to states: GST Council rings first alarm bells on revenue | Business News, The Indian Express
Some state finance ministers are scheduled to meet Union Finance Minister Nirmala Sitharaman on Wednesday to discuss the GST compensation dispute. In its first admission
A GST Revamp to Make it More Effective–Economic Times
Almost two and a half years after its rollout, the goods and services tax (GST) regime remains very much a work-in-progress, notwithstanding the uptick in
Govt blocks GST e-way bill generation; move may impact 300,000 firms | Business Standard News
Businesses of roughly 300,000 firms paying goods and services tax (GST) were likely impacted on Monday, as the government had blocked e-way bill generation for
GST collection crosses Rs 1 lakh crore target in November after 3 months; second highest in FY20 so far – The Financial Express
The jump in the collection came amid the government taking a slew of measures in the last few months to boost growth. After missing the