The National Anti-Profiteering Authority’s (NAA) move to slap a penalty of Rs 380 crore on Hindustan Unilever Ltd (HUL) for alleged failure to pass on
Category: GST
GST–Anti-profiteering notice to HUL is a sham, time to abolish NAA – The Financial Express
HUL could have lowered prices after GST rates were cut, but this cannot be done overnight. With the country’s biggest FMCG player in the dock
Raising GST threshold to Rs 75 lakh is a bad idea – The Financial Express
The argument of raising thresholds to stop harassment is an old one, and applies to all taxes, not just the GST. With the general elections
GST-Welcome reform | Business Standard Editorials
Finance Minister Arun Jaitley hinted on Monday the government could look at merging the 12 per cent and 18 per cent slabs in the goods and services tax (GST)
GST-Still a work in progress – The Hindu BusinessLine
GST Council has done well to rationalise rates over time, amidst revenue concerns In a belated but welcome effort, the Centre is pushing for lower
Supply to duty-free shops liable to GST, rules high court – The Financial Express
Earlier this year, the AAR in Delhi had ruled that a retailer at the Delhi’s international airport will have to pay applicable GST on sales.
Course correction? on GST decisions – The Hindu
Under attack on how the indirect tax regime has panned out, the Goods and Services Tax Council on Saturday announced a set of feel-good moves
GST: Five things to do before you file annual returns under GST–Economic Times
By Archit Gupta The Government has extended the deadline to file the annual returns for FY 2017-18 under Goods and Services Tax (GST) to March 31, 2019, which earlier was December
GST Intelligence unit unearths Rs 2.2-billion fake tax-invoices scam | Business Standard News
The Directorate General of GST Intelligence (DGGI) has busted a racket of fraudulent companies engaged in raising fake tax invoices worth Rs 2.2 billion to avail input-tax credit. According
Welcome changes to GST, yet more needed–Economic Times
The Goods and Services Tax (GST) Council has opted for incremental reform, lowering rates of 23 goods and services, including seven items, in the 28%
Good news for home buyers: GST Council may look at reducing tax on homes under construction – The Financial Express
Builders are not passing on the input tax credit (ITC) benefit to consumers. The GST Council is likely to consider lowering goods and services tax
Goods transport cross borders | Business Standard Column
Logistics service providers having registration as Authorised Economic Operators may now obtain a TIR-Carnet from the Federation of Indian Chambers of Commerce and Industry (Ficci) for
Key learnings from GST advance rulings: Not all that ‘bad’ | Business Standard Column
It has been nearly 540 days since the introduction of goods and services tax (GST) and we already have around 280 advance rulings and 40 orders from
GST revenue shortfall: Pan-India numbers bring cheer, but deficit widens in TN, Maharashtra, Delhi – The Hindu BusinessLine
The overall shortfall in revenue from GST in 31 States and Union Territories fell to 10 per cent over the first eight months of the
Home buying may become less taxing in 2019 – The Hindu BusinessLine
Come 2019, buying an under-construction flat will become cheaper. The Centre and the State governments are working to lower the Goods and Services Tax (GST)
New GST return may not be mandatory till polls – The Economic Times
The new GST return is expected to be ready in April but the government may not mandate its use until the general elections are over as it is keen
Full common man checklist: After latest GST meet, here’s how much tax you pay on common goods & services – The Financial Express
After the meeting, Finance Minister Arun Jaitley said that the recommendations by the fitment panel have been considered in today’s meet. GST Council Meet: The 31st
GST rate cut to make third party insurance affordable for ‘goods carrying vehicles’ – The Hindu BusinessLine
The general insurance industry has widely welcomed the Goods and Services Tax (GST) council’s move to cut GST rate on third party insurance premium of
Government will use Business Intelligence and Analytics to detect tax evasion in GST – The Financial Express
Government is also working to develop a new system for filing of GST returns with an improved user interface. The government will use Business Intelligence
GST: BPOs may be kept out of GST ambit–Economic Times
India aims to keep business process outsourcing (BPO) service providers out of the ambit of the goods and services tax (GST), ensuring that they won’t face 18% tax. A