Category: GST

The GST Council Tuesday approved a transition plan for the implementation of new tax structure for the real estate sector with applicable rules for housing units being applicable from April 1,

The GST Council on Tuesday allowed builders to choose between the old and new GST regimes for projects that will remain unfinished as on March

Ahead of the GST Council meeting on Tuesday, West Bengal Finance Minister Amit Mitra has proposed that the new goods and services tax (GST) rate for ongoing residential housing projects be made optional.

Both consumers and builders were delighted with the reduction in the GST rates announced by the GST Council in a recent meeting. The reductions were quite impressive as the

The National Anti-Profiteering Authority (NAA) Friday said companies are free to offer volume benefit or price reduction to consumers, in the wake of rationalisation of GST rates. To evaluate cases of

A number of complaints have been filed against real estate companies in the National Anti-Profiteering Authority (NAA) in major cities for not passing on the benefits of the goods and

The government of Maharashtra promulgated an Ordinance on March 6, notifying a scheme for settlement of tax arrears, as a logical follow on to its state cabinet

The GST Network Tuesday said businesses registered under GST can now compare the tax liability declared as well as input tax credit claimed in their

Q. Are we required to pay GST on fees for import licence and composition fees for regularisation of defaults that we pay to JDGFT? In my opinion, “Yes”, if

Indian businesses that paid most of their goods and services tax (GST) liability using input tax credit or reported asignificant variation in turnover are being queried by

In a relief to buyers of high value cars and jewellery, the CBIC has said that the TCS amount would be excluded from the value of goods for computing GST liability. Under the Income Tax Act, tax

The government of Maharashtra promulgated an Ordinance on March 6, notifying a scheme for settlement of tax arrears, as a logical follow on to its state cabinet

The CBIC Thursday clarified on the vexed issue of levy of GST on sales promotion schemes like ‘buy one get one free’ offered by FMCG firms, saying taxes

A local court in Maharashtra has refused bail to persons accused of evading goods and services tax (GST) by circular trading and claiming input tax credits, and

For a developer and everyone else associated with the real estate sector, this breaks the entire chain of GST and goes against the very character

अॅड. चारुचंद्र भिडे जीएसटी परिषदेची बैठक २४ फेब्रुवारी २०१९ रोजी झाली. त्यात बांधकाम क्षेत्रासाठी महत्त्वाचा ठरेल, असा एक निर्णय घेतला गेला. त्यानुसार, सदनिका बांधकाम सेवेवर