As the goods and services tax (GST) approaches one year of implementation, traders have requested the finance ministry to review issues like filing of multi-returns,
Category: GST
One year of GST: Outgoing CEA Arvind Subramanian says 28% rate must go; this is what can be done instead – The Financial Express–29.06.2018
Doing away with the highest 28 percent tax slab is what the government must aim to further simplify the GST framework. In addition, ensuring a
HC admits plea challenging GST on sale of land – The Financial Express–29.06.2018
Real estate developers have moved the Bombay High Court challenging a goods and services tax (GST) notification that seeks to bring sale of land under
Must Read–One year of GST: Sowing the seeds for fruits of GDP growth in the future | Business Standard News–29.06.2018
A year back when GST was being rolled out, this was a point of time when many state legislatures were in the mode of circumspection. GST was long needed
GST – well begun, some more way to go – The Financial Express–28.06.2018
By: MS Mani GST – well begun, some more way to go The Goods and Services Tax (GST) reform has been the single-largest reform ever undertaken,
Kotak Mahindra Bank: Comfortable with NPAs, enough good borrowers in the SME space–28.06.2018
In FY 2018, some of the customers have shown a reasonable degree of growth in their turnovers. GST has also helped in reducing the administrative
GST: Rs 2,000 crore GST evasion unearthed in 2 months–Economic Times–28.06.2018
The GST investigation wing has detected tax evasion of over Rs 2,000 crore in two months, and data analysis reveals that only 1 per cent of over
GST impact: E-way bills not reducing transporters’ cost and travel time | Business Standard News–27.06.2018
After a wait for 72 hours, Devender Kumar finally received the required e-way bills to ply his truck from Delhi to Lucknow on Saturday morning. A private
Govt notices to firms for ‘wrongly’ claiming transitional credit under GST | Business Standard News–27.06.2018
The government has sent notices to companies for “wrongly” claiming transitional credit under GST, a move contested by these entities. Under the pre-GST regime, companies had personal
One year of GST: SME cash flows impacted, but story has a sunny side too | Business Standard News–27.06.2018
GST is going to be one year old on July 1, and the journey over the past one year has been a mixed bag. While the
GST still work in progress | Business Standard Column–27.06.2018
Nearly one year since the introduction of the Goods and Services Tax (GST), what stands out is the quick response of the GST Council and government to
A big success of GST implementation is there has not been any inflation: Hasmukh Adhia – The Economic Times–27.06.2018
Finance secretary Hasmukh Adhia expects average goods and services tax (GST) revenues of Rs 1 lakh crore a month this year, with collections rising substantially as evasion is checked.
Goods and services tax: GST provisions on TDS/TCS, reverse charge mechanism deferred by 3 months – The Economic Times–27.06.2018
The revenue department has decided to keep in abeyance GST provisions relating to reverse charge mechanism, tax deducted at source (TDS) and tax collected at
GST Council to look at option of centralised appellate authority – The Financial Express–27.06.2018
The revenue department is considering setting up of a centralised appellate authority to deal with the problem created by contradictory verdicts passed by the Authority
Hasmukh Adhia: ‘Stable e-way bill system, new IT infra, small changes in GST law to be priorities in 2nd year’ | The Indian Express–27.06.2018
Designing and testing of the new return filing system, stabilising the e-way bill system and minor corrections in the GST-related laws, which may come up
Economy still reeling under GST stress | Deccan Herald–26.06.2018
The credit growth in the country was in the negative zone for fiscal year 2016-17. Even as the country is preparing to celebrate one year
GST: If GST ‘celebration of honesty’, why did BJP oppose it for 5 years: P Chidambaram–Economic Times–26.06.2018
Former Finance Minister P Chidambaram today slammed the government for terming the Goods and Services Tax ( GST) as a ” celebration of honesty”, saying if that was
No consensus among States on GST discount for digital payments – Business Line–26.06.2018
The proposal to give discount on Goods and Services Tax (GST) for digital payments may not be implemented as there is no consensus among the
GST failed to deliver its biggest promise in first year! HSBC explains how cash demand shot up instead – The Financial Express–23.06.2018
A year into implementation, goods and services tax (GST) has not delivered on the promised formalisation of the economy as yet, while the glitches in the
GST news: Dabur sues government for denied tax sops under GST – The Economic Times–23.06.2018
DaburNSE -0.12 % has dragged the central and Uttarakhand governments to court for rejecting tax sops for investment in poorer areas promised under the pre-GST tax
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