The government on Monday clarified that it is the responsibility of the taxpayer to ensure that they do not claim more than 20 per cent
Category: GST
e-invoicing: E-invoicing to be introduced on a voluntary basis: here’s what you should know – The Economic Times
By Archit Gupta The GST Council has proposed that the electronic invoicing (e-invoice) system may be implemented on a voluntary basis from January 2020. Until now, there have been
Explained: GST shortfall and what govt needs to do – The Financial Express
The government has a target of at least Rs 1 lakh crore in GST collection every month to meet its revenue estimates. Goods and Services
GST, Excise & Customs Duty Taxpayers! Here’s how you can check authenticity of tax notice – The Financial Express
Step-by-step guide to verify CBIC-DIN: In a big relief for millions of taxpayers who are required to pay any of the three indirect taxes – GST,
GST only needs simplification | Business Standard Column
There is a misunderstanding going around that reduced tax collection is because of the defective GST structure. GST is not the cause for the slowdown in tax collection, rather
GST collection falls short of Rs 1 lakh crore mark yet again; missing target for these many months – The Financial Express
GST collections in October missed Rs 1 lakh crore target for the continuous third month. The collections in October stood at Rs 95,380 crore, which
CAIT seeks PM Modi’s intervention in Amazon, Flipkart alleged unethical business model – The Financial Express
The Confederation of All India Traders (CAIT) on Wednesday said it has sought Prime Minister Narendra Modi’s intervention in the issue of alleged unethical practice of
Increase in GST rates not a viable option for SMEs, will lead to unnecessary litigation – The Financial Express
By Rashmi Deshpande GST and Taxation for MSMEs: Recent newspaper reports indicate that due to fall in GST collections, the Government may be inclined to hike the
Govt plans to introduce e-way bill on gold movement to check GST evasion | Business Standard News
The government is considering introduction of e-way bill on the movement of gold to plug evasion and arrest declining goods and services tax (GST) revenue collections. To ensure that
Input Tax Credit: New GST refund rules create confusion as deadline to file first returns comes close – The Financial Express
The Government has imposed restrictions on reimbursement of input tax credit under the GST. New GST Input Tax Credit Rules: Millions of GST payers are eagerly
Now, officers to exclusively handle GST, Customs complaints – The Economic Times
In line with Prime Minister Narendra Modi‘s assurance that honest taxpayers would not be harassed and wealth creators would be respected, the indirect tax body –
Probe business models of Amazon, Flipkart as deep discounts causing GST loss, CAIT asks FM Nirmala Sitharaman – The Financial Express
Traders’ body CAIT on Monday urged the government to probe the business model of e-commerce majors like Amazon and Flipkart, alleging that deep discounts on products were causing
Gujarat HC serves notices on govt, GST council for breach of refund norms | Business Standard News
The Gujarat High Court has issued notices to the union government and the GST Council over the alleged breach of refund norms by field officers under the goods and
Singapore’s ‘GST voucher scheme’: Check how it’s solution to help lower, middle income groups – The Financial Express
GST has been a stable source of revenue, contributing to a diversified base of government revenue for funding public goods and services, the IRAS said.
Will further simplify GST to improve India’s ease of doing biz ranking: FM | Business Standard News
Finance Minister Nirmala Sitharaman on Thursday said efforts will be made to further simplify Goods and Services Tax, and expressed hope that it will help in further
The ‘landmark’ Calcutta Club verdict changes GST norms for clubs – The Hindu BusinessLine
The Supreme Court has said that service tax need not be charged by clubs for services to its members. The same should hold true for
Companies undergoing restructuring attract taxman’s gaze – The Economic Times
A tax official said that the tax department may not object to a merger or restructuring plan but can still question the treatment of goodwill.
Call in CCI, stop tax harassment–Economic Times
The government reportedly wants Amazon and Flipkart to provide details of business done by their top five sellers and has also asked if these marketplaces
Hotels, travel aggregators start refunding GST – The Hindu BusinessLine
For bookings made till September 30 for stay in October onwards Sridhar (name changed) got a pleasant surprise on Monday morning when he got a
Finding solution to GST conundrum | Business Standard Column
In a recent meet at Pune, the Finance Minister asked the participants not to damn the goods and services tax (GST) as it is the
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