Not the city state’s single-rate GST structure, but its system of advance announcement of rates deserves emulation On February 19, 2018, the Singapore government announced
Category: GST
Advance ruling in GST: Classification-related disputes top the list | Business Standard Column
Till now more than 80 advance rulings have come.If one peruses them, it is apparent that classification-related rulings top the chart with more than 40
GST ministerial panel puts off two issues; Council to meet on July 21 | Business Standard News
The GST ministerial panel led by Bihar Deputy Chief Minister Sushil Modi put off two key items — the reverse charge mechanism and digital payment incentives — in its meeting on
The gap between intent and implementation – Business Line
A year on, the anti-profiteering provisions under GST leave much to be desired As we complete a year since the roll-out of the Goods and
In the net: GST evasion of Rs 2,000 crore detected, says CBIC – The Financial Express–07.07.2018
The indirect-tax department has detected goods and services tax (GST) evasion of Rs 2,000 crore over the last few months, John Joseph, member, Central Board
Related party deals are not job work, will attract GST, rules Appellate Authority – NEWS – Business Line–07.07.2018
A decision of an Appellate Authority for Advance Ruling can have the effect of plugging the leak in GST payments in related party transactions, with
GST: CBIC warns against tax collection by unauthorised entities – NEWS – Business Line–07.07.2018
Be ready for an ‘unpleasant experience’ if you are a merchant not eligible for collecting Goods and Services Tax (GST) from customers. The Central Board
Ministers’ group to finalise views on reverse charge mechanism, discount on digital payment on July 8 – Business Line–05.07.2018
A final view on the Reverse Charge Mechanism (RCM) and GST discount on digital payment is expected to be taken on July 8 at the
A year after GST, small businesses report huge drop in sales, struggle with high costs of compliance | business news | Hindustan Times–05.07.2018
For Rajesh Kapoor, a dealer of power tools and industrial hardware in Delhi, one year of the Goods and Services Tax (GST) reform has meant
One year of GST: Fix refunds to protect exporters – The Financial Express–04.07.2018
In India, you are eligible to apply for GST refund if you are an exporter of goods or services, or a person making supplies of
Part II–Goods and Services Tax Council to meet on July 21 | वस्तू व सेवा कर : अर्थ आणि अनर्थ | Loksatta
स्तू व सेवा कराचे भवितव्य राजकीय वाऱ्यांवर अवलंबून असल्याने २१ जुलैची बैठक महत्त्वाची ठरणार आहे.. दूध आणि मर्सिडीज मोटार यांना एकाच करात तोलणार का, असा
Part I–issue with Goods and services tax after one year | वस्तू-सेवा कराचा ‘अर्थ’.. | Loksatta–03.07.2018
वस्तू आणि सेवा कराची पंचरंगी कररचना- शिवाय त्यावरील उपकरांना वाव- त्रुटीपूर्ण असल्याची कबुली आर्थिक सल्लागार देतात; हे स्वागतार्हच.. वस्तू आणि सेवा कराचा पहिला वर्धापन दिन
GST: One year of GST: Reality check of government initiatives – The Economic Times–01.07.2018
By Saloni Roy, Ankur Goel & Pankaj Tiwari Introduction of Goods and Services Tax (GST) is a landmark indirect tax reform since independence, was introduced
Hear Arvind Subramanian, scrap the 28% GST rate–Economic Times–01.07.2018
Outgoing chief economic adviser Arvind Subramanian says that to simplify India’s goods and services tax (GST), the 28% tax slab should go. We concur. The
GST does will in 1st year, good course corrections – The Financial Express–01.07.2018
Well begun, the saying goes, is half done, and this is more than true for the GST which was rolled out on July 1, 2017.
Must Read –GST Return Form: The need for simplified GST return form and what to expect–30.06.2018
The simplified GST return filing forms promises to reduce confusion among the taxpayers and decrease the number of returns from 36 to just 12 a year. MS
Must Read–GST Return Form: The need for simplified GST return form and what to expect–Economic Times–30.06.2018
One year into the goods and services tax (GST) regime, early-day jitters have given way to general acceptance that this may not be the most
Must Read–GST: A tax reform that’s paying off – Business Line–30.06.2018
One year is probably a good time to evaluate the performance of GST (Goods and Services Tax). At the same time, it is also too
GST Taxpayers: From 36 returns a year to 12, GST taxpayers look forward to simplified filing forms–Economic Times–29.06.2018
By Archit Gupta In the 27th GST council meeting one of the most notable announcement was that the government was considering a simplified return filing system, where
Target to roll out new GST return forms by Jan 1, says Finance Secretary Hasmukh Adhia – The Financial Express–29.06.2018
The new GST return forms would be introduced from January 1 after successful beta-testing of the software, Finance Secretary Hasmukh Adhia said today. He said