Category: GST

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

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,

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,

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

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 will have to refund GST paid by home buyers in case he cancels the flat booked in the last fiscal and will be allowed

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

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

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

When paying for your dream home, don’t pay the differential Goods & Services Tax (GST) — lower GST for the dwelling unit and higher GST

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

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

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

A cross-spectrum of companies has found themselves at the receiving end of notices by the directorate general of anti-profiteering (DGAP) for not passing on the benefits under

Small restaurants can’t charge GST from customers if they have opted for the composition scheme. Authorities plan to crack down on small restaurants and B2C companies after customers using

GST officers are working on a system where businesses above a certain turnover threshold will have to generate ‘e-invoice’ on government or GST portal for