The last GST Council meeting had given a two-year extension to the National Anti-profiteering Authority (NAA), postponed the deadline for filing annual returns by two months, and
Category: GST
Volume of litigation under GST regime to grow in a big way: Experts | Business Standard News
Last month, the power of GST officers to arrest tax evaders hogged headlines and courts’ time. Following conflicting orders from various high courts, the apex court stepped in. A
The GST Council should stop tinkering, focus on simplifying rate slabs – The Hindu BusinessLine
With total collection this year lower than the budgeted amount, the shortfall is a cause for worry The upcoming GST Council meeting is perhaps the
Introspect on GST: The CAG report flags the impact of an imperfect GST Network – The Hindu BusinessLine
Small businesses still suffer overheads on account of GST compliance The irony here is hard to ignore: GST was introduced two years back to make
How companies undergoing insolvency resolution face hardships due to probable clash of GST with IBC – The Financial Express
By Rajat Mohan The introduction of GST has been described as India’s biggest tax reform, and the Insolvency and Bankruptcy Code (IBC) is a landmark
GST: Companies drag government to court over GST on long-term land lease pacts – The Economic Times
Some companies have dragged the government and the indirect tax department to court over goods and services tax (GST) levied on these deals in what could jeopardise longterm land
GST: Restrictions on ITC claim if you do not file GSTR 1 on time – The Economic Times
Announcing the relaxation in filing of annual returns for MSMEs for FY 2017-18 and FY 2018-19, a statement said waiver of the requirement of filing
Tax relief for MSMEs: GST Annual filing waived off for taxpayers below Rs 2 cr turnover–Economic Times
In another significant announcement, the new return system which was to be introduced from October 2019, will now be introduced from April, 2020. The GST Council,
GST Council, focus on the big picture–Economic Times
The Goods and Services Tax (GST) Council should resist the pressure to offer sectoral relief and focus on systemic reform of the tax: widen the
Two years of GST, in facts and figures: 280 mn returns filed till June 2019 | Business Standard News
GST Network (GSTN), responsible for IT system of goods and services tax (GST), has come out with various facts about the indirect tax in its two-year
Why the take on the state of the economy and fiscal deficit sounds too optimistic – The Hindu BusinessLine
Ever since the provisional actual figures for FY19 were released by the Controller General of Accounts some time ago, economists have been busy figuring out
GST–ET Special Podcast: GST turns two today | The Economic Times Podcast
The journey of GST has not been a smooth one. The states were reluctant to give up their fiscal tax autonomy. What does the FinMin
GST collection dips below Rs one lakh crore in June – The Economic Times
Over the months GST had stabilised above the one lakh crore mark. The government needs over a lakh of crores in GST in order to
Service tax arrears rise to Rs 1.66 lakh crore in FY18: CAG report – The Economic Times
Total service tax arrears rose to Rs 1.66 lakh crore in 2017-18, up from Rs 1.18 lakh crore in the preceding financial year, said a CAG
GST: An arduous journey so far & how the road ahead looks like – The Economic Times
By Sohrab Bararia The goods and servicesNSE -0.32 % tax (GST) was ushered in to create a common national market. As a far-reaching fiscal reforms, GST aimed to provide
GST: GST return filing remains less than desired, GSTR-3B compliance around 60 percent–Economic Times
Two years after the landmark goods and services tax (GST) amalgamated 17 different central and state levies, returns filing under the new indirect tax regime
GST: Two years of GST: The past, present and expectations–Economic Times
The way things are functioning it appears that the journey is still midway for the authorities and businesses and much has still to be achieved.
Two years of GST: Fewer rates, wider net must for economic gains – The Financial Express
As the Goods and services tax (GST) completed two years on Monday, it has barely become the good and simple tax that it was meant
‘GST has proved to be consumer-, assessee-friendly’ – The Hindu BusinessLine
Today, the Goods and Services Tax (GST) regime has entered its third year. It would, therefore, be only fair to look back at the last
GST collection dips below ₹1 lakh cr in June – The Hindu BusinessLine
‘Dishonest traders’ have to face the music, warns govt After three successive months of ₹1-lakh-crore plus mobilisation, collection from the Goods & Services Tax (GST)