The model would be on the basis of Centre of Main Interests (COMI), which would be defined. In accordance with COMI, the place of main
Category: GST
Finance Ministry extends deadline for filing September GST returns to October 25 – The Economic Times
The Finance Ministry Sunday extended the deadline for filing summary sales return GSTR-3B for the month of September by five days to October 25. With this extension,
To boost exports, expedite GST refunds–Economic Times
Although the marginal dip in September exports, over the year-ago figure, is statistical, there is every reason to remove one major hurdle to export growth:
GST policy on e-commerce may make life difficult for cab startups: Experts – The Economic Times
A Bengaluru-based startup has filed an appeal questioning a July 27 ruling by GST authorities in Karnataka which said app-based cab aggregators must pay GST on trip
Impasse over GST can’t be resolved politically, will require judicial pronouncement: Pranab Mukherjee – The Economic Times
Former President Pranab Mukherjee Friday said he feels that the impasse over the Goods and Services Tax (GST) cannot be resolved politically and the top court will have to
High Court stays action against some exporters for wrongly availing GST benefits – The Economic Times
GST law amendment had brought in pre-import condition that denies IGST benefits to imports which had happened after exports. In what may provide a respite
GST-E-way bill alert: Tighter rule in place; now this code is mandatory for moving consignments – The Financial Express
The move would further smoothen the experience of users generating e- way bill. Tightening the norms for issuance of e-way bill, the GST Network has
Imposition of calamity tax with GST not advisable: CAIT – The Financial Express
The CAIT said that at a time when the country is moving towards rationalisation of tax structure, any move to impose cess/tax in any form
Companies may have to show ledgers for claiming GST credit of over Rs 25 lakh – The Economic Times
Government will soon bring out a new ‘credit growth return’ form. Companies that availed of more than Rs 25 lakh credit under the goods and
Price of each product must be lowered in case of GST rate reduction: Profiteering regulator – The Hindu BusinessLine
In what could be a clear message to industry, the National Anti-profiteering Authority (NAA) has said the GST rate cut benefit should to be passed
No GST on residential programmes to promote religion, spirituality, yoga – Check what revenue department has said – The Financial Express
As per the circular, residential programme or camps where the fee charged includes cost of lodging and boarding shall also be exempt as long as
Taxmen arrest three for issuing fake GST invoices to claim input tax credit – The Economic Times
The Commercial Taxes department has busted a racket involved in issuing fake GST invoices to help some dealers claim input tax credit (ITC) from the government. Three Bengaluru-based businessmen,
TDS, TCS for GST kick-in from October 1: Deduction, registration, compliance, challenges – All you need to know – The Financial Express
By Badri Narayanan & Shweta Walecha After the GST regime gained momentum, the government decided to introduce TDS and TCS provisions. The GST law requires TDS
Managing the oil risks | Business Standard Column
A sharp rise in retail prices of petrol and diesel in the last five months has exposed the political vulnerability of the Bharatiya Janata Party
GST’s unfinished agenda: Dealing with contractual price-adjustments | Business Standard Column
Notwithstanding the fact that it has been more than a year since the GST legislation triggered and changed the indirect tax landscape of the country, there is
GSTN to find cause for dip in revenue: Sushil Kumar Modi – The Financial Express
Goods and Services Tax Network (GSTN) would conduct an audit to find out the reasons for revenue shortfall in some states across the country, BiharDeputy
GST refunds: Already late, e-wallet to miss October deadline – The Financial Express
The roll-out of an e-wallet mechanism for exporters under the goods and services tax (GST) regime may be delayed again beyond the proposed date of
From Rs 2 cr to Rs 10 cr – CBIC think-tank for raising revenue limit for GST returns – The Financial Express
A think-tank within the Central Board of Indirect Taxes and Customs (CBIC) has recommended that the revenue threshold for annual GST return be raised to
Tax Refund Regime | GST: Easier tax refund regime for exporters in the works
Govt may announce steps over next few days to streamline process & speed up repayments. The government is examining the tax refund mechanism for exporters under goods and services
petrol prices: Why the government must move fuel to GST – The Economic Times
By Chetan Bhagat Fuel prices have hit all-time highs. Petrol crossed Rs 80 a litre. Diesel hit new records too. Fuel prices are technically supposed to
