Category: GST

After the initial glitches, the indirect tax regime is on a consolidation mode All is well that ends well and that is what exactly happened

Charges ensure that the applicant continues its agreement with its customers despite default. Charges for cheque bounce collected by an entity from its customers are

Hit by too many tariff items, frequent changes in rates and chinks in the filing system, a course correction is badly needed On January 1,

By Abhishek Jain  The action-packed one year of India’s biggest tax reform, GST, seemed to continue its eventful journey with a plethora of rationalizations/ clarifications

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

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

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

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 Council has done well to rationalise rates over time, amidst revenue concerns In a belated but welcome effort, the Centre is pushing for lower

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.

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

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

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

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%

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

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

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