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
Category: GST
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
Residential flats with parking, other facilities will attract lower GST, rules West Bengal AAR – The Hindu BusinessLine
When paying for your dream home, don’t pay the differential Goods & Services Tax (GST) — lower GST for the dwelling unit and higher GST
GST: Why it may be premature to cheer the surge in April GST collection – The Economic Times
If we look back into the previous year, average collections for March-April 2018 stood at Rs 103,500 crore, which was 20.4 per cent higher than
GST revenue: GST collection jumps to Rs 1.13 lakh crore in April, the highest since its rollout
The ministry said the total number of GSTR 3B Returns filed for the month of March up to 30th April, 2019 is 72.13 lakh The GST collections
Tax dept to share ITR data with GSTN to detect tax evasion by business persons – The Economic Times
As per the order, the exchange of data will be request-based as well as spontaneous and automatic. Soon, the tax department will be sharing the income
Unfair intervention | Business Standard Editorials
It’s close to two years since the new indirect tax regime, the goods and services tax (GST), was rolled out. But the anti-profiteering authority set up under the GST seems to