Right now, the highest rate of taxation under GST, however, is 28% though the GST law allows for this to be raised to a maximum
Category: GST
GST: TDS/TCS provisions to come into effect from October 1 – The Financial Express
The GST portal has not yet rolled out the functionality to furnish these two forms. The government on Thursday notified the form for audit report
Now TDS/TCS for GST also, provisions to come into effect from October 1 – The Financial Express
The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at source (TCS) provisions under
Blow to exporters | Business Standard Editorials
At a time when India is once again facing a rising current account deficit, it is reasonable to ask why the problem of an inability
Anti-profiteering: Follow the non-existent rules | Business Standard Column
The National Anti-Profiteering Authority (NAA) is super-busy these days. The authority, which is supposed to ensure that India Inc does not make unfair gains by
GST: Last chance to claim GST Credits for previous fiscal: All you need to do within this month–Economic Times
By Priyajit Ghosh The credit of GST paid on expenses against the GST collected on revenue is the heart of a ‘value added’ tax system. Thus, GST
Oil on the boil – The Hindu BusinessLine
While some factors are global, levies can be cut and pricing made more transparent With global crude oil now at almost $80 a barrel, petrol
Furnish GST returns, get an OD of ₹1 crore – The Hindu BusinessLine
Micro, small and medium enterprises will now be able to get quick overdraft of up to Rs 1 crore for working capital requirements, based on
GST : Finance Ministry crafting strategy to boost GST revenues – The Economic Times
Alarmed by a nearly four-fold rise in GST compensation to states for June-July, the FinanceNSE -1.85 % Ministry is crafting a strategy to shore up tax revenues and engaging
GST: Cost of Compliance under GST goes up by 2X for taxpayers
By Archit Gupta The erstwhile indirect tax structure always left a broad scope for tax evasion. With the implementation of GST, transparency and ease in tax
GST Return | Not so simple: Annual GST return seeks additional details from taxpayers–Economic Times
The Government, on September 4, 2018, notified the format for filing annual return for both regular dealers (GSTR-9) and composition dealers (GSTR-9A). The new annual return is
GST tax rates: GST effect? Hundreds of thousands laid off despite growth – The Economic Times
Tilak Raj Bathla’s tiny weaving factory is one of the few still humming on a once busy road in the northern city of Panipat, known
GST annual return forms to help check tax evasion: experts – The Economic Times
The last date for filing the annual return form for normal taxpayers (GSTR-9) and for composition taxpayers (GSTR-9A) is December 31. The newly notified annual
Ease GST costs for small businesses–Economic Times
Ease GST costs for small businesses The goods and services tax (GST) rate has been lowered on many products from 28%, but the operating costs
Why GST exemptions would prove to be a bane rather than a boon – The Financial Express
GST follows the value-added tax (VAT) mechanism, where tax is payable on every value-add in the supply-chain (either supply of goods and / or services)
Finance Ministry simplifies GST refund claim process for businesses – The Economic Times
via Finance Ministry simplifies GST refund claim process for businesses – The Economic Times
Finance ministry notifies annual return forms under GST for 2017-18 | Business Standard News
The finance ministry has notified annual tax return forms for businesses registered under the GST, in which details of sales, purchases and input tax credit (ITC) benefits accrued to them during
Ease GST costs for small businesses–Economic Times
The goods and services tax (GST) rate has been lowered on many products from 28%, but the operating costs for small businesses are still onerous.
Charitable trust liable to pay GST in Maharashtra, rules AAR – The Financial Express
Charitable trust liable to pay GST in Maharashtra, rules AAR Goods and services provided by charitable trusts for a consideration would classify as supply, making
Sale of religious books, DVDs to attract GST: AAR – The Economic Times
via Sale of religious books, DVDs to attract GST: AAR – The Economic Times