Forms available for trial from July to Sept; will become mandatory subsequently The Finance Ministry on Tuesday unveiled a roadmap for the implementation of the
Category: GST
Roll out of simple GST returns deferred to Oct; trial to start next month | Business Standard News
Giving the industry a breathing time, the government has deferred implementation of the simplified returns to October from earlier deadline of July and came out
GST Council likely to fix Rs 50 crore turnover threshold for e-invoice under GST, to meet on June 20 – The Financial Express
The finance ministry is likely to propose Rs 50 crore as the turnover threshold for entities to generate e-invoice on a centralised government portal for
GST Council to meet on June 20, may fix Rs 50 cr turnover threshold for e-invoice under GST – The Economic Times
The ministry is planning to roll out the e-invoice system by September. The finance ministry is likely to propose Rs 50 crore as the turnover
GST Council likely to fix Rs 50 crore turnover threshold for e-invoice under GST, to meet on June 20 – The Financial Express
The finance ministry is likely to propose Rs 50 crore as the turnover threshold for entities to generate e-invoice on a centralised government portal for
Curbing GST evasion a must, but need to check tex terror – The Financial Express
To that extent, we have a rosy picture of GST collections being on a firmer footing as more and more firms are getting GST-compliant. At
GST is a journey and government can make it smoother for honest taxpayers – The Financial Express
The government has recently announced its intent to have a single authority for processing GST refunds—a very welcome move—and it should also look at a
Companies to take GST audit exam; Experts want no penal action – The Economic Times
India Inc. is gearing up to face the first test of their goods and services tax filings, with the authorities looking to initiate audits by
GST roadblocks – The Hindu BusinessLine
Two years after its introduction, goods move faster, but ‘toll raj’ persists Transporting goods from one State to another has become a smoother affair on
Govt probes I-T and GST mismatch in crackdown against evaders – Times of India
Back in office, the Modi government is set to take up the next stage of action against tax evasion and money laundering with data analysis helping detect thousands of
GST: Benefits from lower GST rate must be passed on to home buyers: NAA–Economic Times
The NAA agreed with the findings of the DGAP directed Salarpuria Real Estate to pass on the benefit to the Applicant and other buyers to
GST: Post-supply discounts or distress? – The Economic Times
GST laws provide that GST is not required to be paid on any discounts including post supply discounts by way of GST credit notes. By
GSTR | GST: Why businesses must prepare GSTR-9 without any delay
By Archit Gupta We will soon step into the third year of GST. For now, businesses are struggling with compliance for FY 2017-18 the very
GST evasion: Supreme Court to clarify on revenue authorities’ power to arrest – The Financial Express
A vacation bench led by Chief Justice Ranjan Gogoi sought response within four weeks from some taxpayers accused of GST evasion on the Centre’s appeals
GST Network offers free accounting and billing software to MSMEs | Business Standard News
GST Network (GSTN) Tuesday said it has started offering free accounting and billing software to MSMEs with annual turnover of up to Rs 1.5 crore, which would
Can arrests be made under CGST? Centre moves SC seeking clarification | Business Standard News
The central government has moved the Supreme Court (SC) seeking clarification on its powers to arrest a person without filing a first information report (FIR) under the central goods and
GST: From anti-profiteering to fixing GSTN glitches, issues that need immediate attention
By Anita Rastogi As the country’s biggest tax reform, Goods and Services Tax (GST), is inching closer to its second anniversary on June 30, 2019,
Government likely to introduce electronic invoice system under GST – The Economic Times
Top companies in the country may soon have to rely on a common goods and services tax portal to issue invoices to their customers. The
Single authority for sanctioning, processing GST refunds likely by August – The Economic Times
The Centre and states share control of those assessees with annual turnover of over Rs 1.5 crore in 50:50 ratio. A single authority for sanctioning
Tightening the GST net: Time to expand base, streamline flow of credit | Business Standard Column
The new government will have to tighten the GST net in its upcoming tenure. The government will have to expand the GST base in the country. At present, real
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