Category: GST

Fifteenth finance commission chairman NK Singh on Friday called for major changes in the GST structure, including reducing the cumbersome compliance procedures and also doing

The GST Act did provide for compensation—paying this if state revenues failed to grow at 14% was more than a bit generous—but, this was to

During the first 18 months after GST was implemented in India, taxpayers used to wait for the monthly GST Council meetings since there were many

Though the tax structure has tried to solve major issues relating to the taxing in India, the reform has many challenges. The Goods and Service

Highlights The introduction of real-time invoice uploading could lead to certain complication A business will now need to be more aware of the vendors it

The FM has sought regular interactions between GSTN and the Central Board of Indirect Taxes and Customs (CBIC) to help improve the interface for users

No GST has been demanded on the salaries paid to the CEOs or employees of firms, CBIC said in a clarification. In a major breather

The Government has to extend the due dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year 2017-18 to December 31, 2019 and

CBIC issued a new circular to clear the air over 20% cap on input tax credit. GST Return: Tax experts have sought clarity over certain provisions

 In a big relief for GST taxpayers, the Union government on Monday clarified the new rules related to availing input tax credit under the GST.

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

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

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