On Friday, over 80 days after its launch on April 1, e-way bill generation hit the 10-crore mark. “Ten crore e-Way bills in two months
Category: GST
GST: Input tax credit: Important for taxpayers to know GST is unlike the previous regime – The Economic Times–22.06.2018
By Archit Gupta Input tax credit under GST has a very well-defined structure and is more comprehensive than the erstwhile indirect taxes. Cross-utilisation of credit between the Integrated
GST: Accommodation services by hotels to SEZ employees is inter-state in nature, attract Nil GST–Economic Times–22.06.2018
Setting aside recent advance ruling by Karnataka Advance Ruling Authority (ARA), the Central Board of Indirect taxes and Customs (CBIC) has stated that services of
E-way bill: Transporters can now use common enrolment number across multiple States – Business Line–21.06.2018
To help the logistics industry comply with e-way bill requirements with ease, the Finance Ministry has announced new rules for transporters running businesses in multiple
Slippery argument: Contrary to what Jaitley suggests, lower fuel tax is both doable and desirable–20.06.2018
Union minister Arun Jaitley defended the current level of central taxes on retail prices of petroleum products by arguing that it raises revenue for growth
One country, one GST, lots of confusion – Business Line–20.06.2018
What happens when two units of the Authorities of Advance Ruling (AAR) hold divergent views on whether cess can be transitional under Goods and Services
Interview with CBIC chairman: ‘70-80 per cent GST issues resolved, revenue buoyancy likely soon’ | The Indian Express–20.06.2018
Central Board of Indirect Taxes and Customs (CBIC) Chairman Vanaja N Sarna. Terming her 15-month term as challenging, Central Board of Indirect Taxes and Customs
Fin Min wants BJP-ruled states to take lead in bringing petrol under GST–Deccan Chronicle–20.06.2018
Left with few options to tackle the crude price hike impact on the economy, the finance ministry may ask the political leadership to persuade the
GST: Demo & GST – Empirical evidence shows MSMEs yet to recover from the twin economic measures–19.06.2018
By Manish Sinha The micro, small and medium enterprises (MSMEs) sector is of special significance for the Indian government, expecting it to offer higher employment
GST formalising economy, widening tax base, says Finance Ministry – The Financial Express–19.06.2018
The Finance Ministry today said it would be increasingly difficult for businesses to remain outside the tax net as GST is leading to formalisation of
Benefit of two exemption notifications on same shipment allowed: Expert | Business Standard News–19.06.2018
Q1. We are in the process of setting up a new hotel. We are importing lifts from Thailand, where basic duty is nil under the Asean-India
GST: Delhi raises e-way bill threshold – The Financial Express–17.06.2018
After West Bengal and Tamil Nadu, Delhi has become the third state to double the threshold for electronic-way (e-way) bill for intra-state movement of goods
GST Amendments: Changes to include RCM, return filing, refund on exports | The Indian Express–17.06.2018
Clarification for refunds of cess on goods to be exported, changes in the enabling provisions for reverse charge mechanism (RCM) and composition scheme and returns
GST anti-profiteering funds to be split between Centre, state – Business Line–16.06.2018
Centre and the ‘concerned state’ will equally share the amount deposited by erring businesses in the consumer welfare fund set up as part of the
How to change or update e-mail, phone number in GST system – The Financial Express–15.06.2018
GST taxpayers can now change their email address and phone number (PTI) Arguably, much to the relief of several assessees under GST, the government has
One year of GST: What has been really achieved vs what Modi government claimed – The Financial Express–15.06.2018
The GST was not just a grand mid-night event in India, it was a transformation which was felt. From initial confusion, chaos, protests and teething
Anti-profiteering body is redundant–Economic Times–14.06.2018
The National Anti-Profiteering Authority has not done anything much to earn the fear and loathing that industry had reserved for it, when it was set
GST refunds: Rs 7,000 crore cleared; here’s how exporters, traders can claim pending refunds – The Financial Express–13.06.2018
Over Rs 7,000 crore or half of the pending GST refunds of exporters has been cleared in the first nine days of the ongoing special
GST completing 1 year, will procedures ease? | Deccan Herald–13.06.2018
Time flies. Even before the country could grapple with the nitty-gritties of the Goods and Services Tax (GST), we will be celebrating the first anniversary
GST–: Notice shot off to businesses for less IGST input credit claim – The Economic Times–09.06.2018
According to the results of the analysis, importers including bigger companies are paying IGST on imports but not claiming credit for the same. Tax authorities
aniltikotekar4sme.com 