A complete parallel economy now perhaps operates off the radar and in cash; one counterpart of this may be the believed underreporting of transactions under
Category: GST
E-way bill’s failure has led to chaos as states come out with their own rules–Business Today–06.03.2018
Harpreet Singh, Partner, Indirect Taxes, KPMG India, was on a post-Budget panel at a TV channel after the finance minister’s Budget speech on February 1.
Expedite GST refunds to all exporters: Make interim payments, tally and settle later–Economic Times–04.03.2018
At a time when the world is experiencing a rare bout of coordinated growth in the developed and emerging economies, India’s export has been lethargic.
The Indian Economy Limbers Up-Minhaz Merchant – BW Businessworld–02.03.2018
As the BJP and Congress internalise the lessons of the 2017 Gujarat assembly election, two questions arise. First, how will Prime Minister Narendra Modi calibrate
Great Stress Test-Chaitanya Kalbag – BW Businessworld–02.03.2018
Since you all love acronyms for the Good and Simple Tax and the Grand Stupid Thought, the headline is my humble contribution to your lexicon.
GST anti-profiteering application complaint form being made simpler | Business Standard News–02.03.2018
Filing complaints against companies for not passing on the benefits of tax reduction under the goods and services tax (GST) regime is to become simpler.
E-way bills redux: next step for GST Council – The Hindu–01.03.2018
The group of ministers assessing technology issues related to the Goods and Services Tax regime has proposed rolling out on April 1 the e-way bill
Why many registered taxpayers are not filing GST returns–Business Today–28.02.2018
Despite all earlier claims of the government that the Goods and Services Tax (GST) would force taxpayers to be more compliant, the number of returns
GST refunds: View: The more things change, the more they remain the same. Just look at GST’s whipping boys – The Economic Times–28.02.2018—–*****
By Ajay Sahai Exporters have been made the whipping boy for delays in goods and services tax (GST)-related exports refund. An exporter who is hard-pressed
GST collection for January comes in at Rs 86,318 crore – The Economic Times–28.02.2018
The Centre today said that the total revenue collection under GST for the month of January, till February 25, stood at Rs 86,318 crore. Rs
The anti-profiteering concept is flawed – Business Line–27.02.2018
If a policy doesn’t achieve intended results, they then cannot be brought about through penal laws Of the many things that made this government far
70% IGST refund stuck due to flawed claims filed by exporters: CBEC – The Financial Express–26.02.2018
As about 70 per cent of GST refunds stuck due to flawed information, the CBEC has asked exporters to amend the details in the final
IGST rules change again for export | Business Standard Column–24.02.2018
Last month, the government amended Rules 89 and 96 of the Central Goods and Services Tax (CGST) Rules, 2017, through notification 3/2018-GST dated January 23,
GSTR-3B filing | GST: Government simplifies GSTR-3B filing, here’s what has changed–Economic Times–24.02.2018
The government on Wednesday came out with a simplified version of GSTR-3B, making it more user-friendly amidst indications that it may possible be used even
Indians will get loans based on data, not collateral: Nandan Nilekani – The Financial Express–24.02.2018—–*****
India is moving in a direction where lenders will use data like GST based “business flows” or credit payment history, instead of collaterals, to provide
GST blues for exporters – Business Line–24.02.2018
Refund delays, with respect to IGST and input tax, have hit small units More than eight months after the introduction of GST, exporters remain cash-strapped
GST Network simplifies GSTR -3 filing process | business news | Hindustan Times–24.02.2018
In a move to make filing of returns taxpayer friendly and error-free, the Goods and Service Tax Network (GSTN), the firm that processes tax returns
GST payment: Taxpayers can check return filing status of suppliers on GSTN portal – The Economic Times–24.02.2018
Taxpayers can now check the last return filing status of their suppliers on the GST Network (GSTN) portal. GSTN, the company developing the technology backbone
GST Revenue: GST mop-up could top Rs 1 lakh crore a month post anti-evasion steps–Economic Times–14.02.2018
Officials said the revenue estimates for next fiscal are conservative and could go up depending on enforcement actions taken by the government. Revenues from the
GST: E-way Bill: Why the nation needs a successful– roll out at the earliest –Economic Times–14.02 2018
By Tejas Goenka The GST Council in its 22nd meeting held in October last year, had decided that the e-way bill under GST will shall
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