Category: GST

The decision of the Goods and Services Tax (GST) Council to cut the rate on many items and make several changes to the laws and procedures has

The Goods and Services Tax (GST) regime has seen a significant change in the assessee segmentation compared to the pre-GST era when VAT and Central

Taxpayer shall be also given user friendly IT interface and offline IT tool to upload the invoices. The drafts of new forms for filing GST return will

In a setback to the common market practice of trade discounts, the Authority for Advance Rulings (AAR) of Maharashtra has ruled out a goods and services

At some point, the government has to start trusting markets to deliver, to ensure that in a competitive market-place, no firm is going to try

The draft of the new simplified GST return form will be out early next week. The government proposes to seek stakeholders comments before finalising the

Industry has been awaiting creation of the appellate forum as the GST regime completes one year. A Goods and ServicesNSE 0.03 % Tax Appellate Tribunal (GSTAT) will

The e-Way bill, which currently gives only details of the value of goods being transported, may be packed with more data — for instance, on

The GST Council’s decision to reduce rates on 15 items from 28 per cent to 18 per cent makes economic sense, and therefore should not

The Goods and Services Tax Council took a series of decisions on Saturday last week, which were all steps in the right direction. The most

The indirect tax department’s audit division is investigating scores of cases where major e-commerce operators like Amazon and Flipkart are suspected to have collected excess goods and services tax

The central government has put in the public domain all draft amendments to the goods and services tax (GST) laws. After due consideration and approval by the GST Council,

As the first year of GST was completed, many articles appeared on the first year’s performance or lack of it. One matter that perhaps remains to be

Three proposals, however, are welcome One of the features of GST has been the ever-so-frequent changes in the laws. These changes do not seem to

It is true that, with multiple rates of taxation, and even with multiple rates of cesses, the GST introduced on July 1 was nowhere near

Ruling out a single rate GST, Chief Economic Advisor Arvind Subramanian today pitched for a three rate structure going forward as revenues stabilise. He said Goods and Services