Category: GST

The Supreme Court has upheld the decision of the Punjab and Haryana High Court that Form – ‘C’ should be made available to an assessee

Remove Clause 44 in the Tax Audit report While the GST laws on rates of tax and filing of returns keep changing every alternate day,

Last month, I listed and elaborated on the guidance the Chairman, Central Board of Indirect Taxes and Customs (CBIC), issued weekly during GST’s first year,

Q. We import steel and supply to our customers in India. Sometimes, the customer wants to buy directly from our international supplier in US dollars.

Dear businesses, 2 things will most likely remain constant in GST regime: One is anti-profiteering. A year after the implementation of one of the biggest

As with any structural reform, GST too is evolving and will eventually accommodate excluded items One year is perhaps a short time to evaluate the

The CGST Amendment Bill was tabled in the Lok Sabha on Wednesday. An amendment to the central goods and services tax (CGST) Act has explicitly

No more E-way bill crash! Peak load capacity increased to 75 lakh per day, says government. The E-way bill roll-out date was preponed to February

The IMF on Wednesday described the Goods and Services Tax (GST) as a “milestone reform” in India’s tax policy, but pushed for a simplified structure,

The complexity of the GST process is hindering collections and diminishing potential economic benefits A little over a year after the Goods and Services Tax (GST)

In a business-friendly move, the Centre has extended the suspension of the reverse charge mechanism on purchase of goods or services by registered dealers from

Leading tax consultant PwC has recommended that the government allow a few changes to be made in the e-way bills for the goods and services tax (GST) to address

Central bankers are not loose cannons. What they say matters. So what did RBI governor Urjit Patel quite mean when he warned against trade wars

The Centre has reportedly favoured a pause in further rate cuts on the goods and services tax (GST) due to the revenue shortfall, estimated at

The latest meeting of the national council, which steers the implementation of the goods and services tax, or GST, moved forward on certain issues of

Last week, the Union finance ministry issued several notifications, giving effect to decisions of the Goods and Services Tax (GST) Council at the latter’s 28th meeting. One of these,

Facing a shortfall of over Rs 40,000 crore in goods and services tax collection, the Centre on Saturday suggested that there was a need to pause on