Multiple court rulings on payment of goods and services tax (GST) at dutyfree shops are making life confusing for those buying perfumes and chocolates from these stores.
Category: GST
View: Policy continuity needs to get priority over new reforms – The Economic Times
BY-ANUBHUTI SAHAY (Head, South Asia, Economics Research, Standard Chartered) The economic agenda for the next government should be two-pronged in our view — bringing the already
GST anti-profiteering body may get fresh lease of life – The Economic Times
India’s anti-profiteering framework may remain in place for another two years as the country eyes more changes to the goods and services tax (GST) structure.
GST: View: New government should hit the ground running on reforming the GST–Economic Times
By VS Krishnan The goods and services tax (GST) will require attention from the new government that comes in later this week. First, GST must improve its
GST Council may consider national bench of AAAR next month; move to give certainty to taxpayers – The Economic Times
The GST Council was scheduled to discuss it in its meeting in July 2018. However, the council did not arrive at a decision on the
GST and inter-branch transactions fraught with potential litigation – The Financial Express
By Santosh Dalvi It is imperative that businesses obtain a registration in each state where they have an establishment or any business activity is undertaken
What do GST rules say about refund for exporting goods and their payment | Business Standard News
We have exported goods on payment of IGST and got refund of the same also under Rule 96 of the CGST Rules, 2017. We also
HC allows input tax credit under GST regime to realtor making shopping mall | Business Standard News
This interpretation was there despite the fact that GST is imposed on rent and lease Indivjal Dhasmana | New Delhi Last Updated at May 20, 2019 23:34
GST: B2B invoices will have to be generated on govt portal by Sept | Business Standard News
The move will help in curbing Goods and Services Tax (GST) evasion through issue of fake invoices Press Trust of India | New Delhi Last Updated at
Anti-Profiteering Authority Must Exit–Economic Times
The National Anti-Profiteering Authority may reportedly remain in place for another two years as there could be more changes to the goods and services tax
AAR allows input tax credit by debt settlement under GST regime | Business Standard News
Companies can claim input tax credit (ITC) under the goods and services tax (GST) regime even if the liability to pay for inputs between them, including tax,
GST: Now, owners may have to pay different GST for identical flats–Economic Times
The taxman has asked builders to choose before May 10 the new goods and services tax (GST) rate for ongoing realty projects. The concessional rate,
B2B invoices will have to be generated on govt portal by September to check GST evasion – The Economic Times
There are over 1.21 crore registered businesses under the GST, of which 20 lakh are under the composition scheme. All invoices for business-to-business sales by
GST: What a novice exporter needs to keep in mind–Economic Times
By Rajat Mohan Novice exporter should always ensure that he is aware of all regulations related to exports including registration procedure, compliances in terms of current taxation
gst: Abbott anti-profiteering case stayed, hope for other firms – The Economic Times
The Delhi High Court’s recent stay on anti-profiteering proceedings against AbbottNSE -0.27 % Healthcare opening a window for other firms to become party to the case that challenges constitutional
Builders to refund GST on cancellation of flats booked in FY19 – The Financial Express
Builders will have to refund GST paid by home buyers in case he cancels the flat booked in the last fiscal and will be allowed
Home buyers have no say in choice of GST rate: FinMin – The Hindu BusinessLine
A home buyer cannot decide which GST rate will be applicable on the amount remaining on an under-construction flat. A lowered duty was made applicable
GST chink likely to increase input tax credit of real estate companies | Business Standard News
A recent clarification by the indirect tax department may leave a loophole in the goods and services tax (GST) system by enabling the real estate companies to
Centre allocates more from IGST to itself; states may view this as unfair | Business Standard Column
Collections under the goods and services tax (GST) in April 2019 have inspired many commentators to believe that the revenue shortfalls, seen under this head in all
For a simpler GST | The Indian Express
GST is not being flaunted by the BJP as its major achievement in the ongoing election campaign. It was launched with a special session of Parliament similar