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
Category: GST
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
‘Missing’ service tax credit in GST update worries companies – The Economic Times
A government official, however, played down the concerns saying the interpretation being drawn is erroneous. A seemingly missing provision from the fine print in the
CBIC may soon clarify on GST levy on goods sold at duty-free shops – The Hindu BusinessLine
The Central Board of Indirect Taxes and Custom (CBIC) is likely to issue a clarification soon on applicability of Goods and Services Tax (GST) on
How prone is GST to evasion? | Business Standard Column
Recently, the finance minister of a state, who was also responsible for designing the GST and is now a member of the GST Council, made a remark that some
GST: A circular that could lead to turf war between states and centre – The Economic Times
Tax experts fear that just like the earlier tax regime companies may face dual tax demands from state and central revenue authorities. In what may
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