GST evasion by dealers by suppressing turnover has caused a revenue slump under the composition scheme in the last two months, Bihar Deputy Chief Minister
Category: GST
GST rollout, seasonal sales help Amazon grow seller base by over 130,000 | Business Standard News–18.01.2018
Online retail giant Amazon says it has been able to grow the base of sellers on its platform by a little over 130,000 in the
Five smart steps to a better GST regime | Business Line–18.01.2018
It’s not only software, but rules and forms, rates and thresholds that need to be rehauled With the issuance of one crore GST Identification Numbers
E-Way Bill rolled out on trial basis; All you need to know in five points – The Financial Express–17.01.2018
The GST Council, which held an urgent meeting via video conference on December 16, approved mandatory compliance of the e-Way Bill to ease traders concerns
This change in filing GST returns will make life much simpler for businesses – The Financial Express–17.01.2018
Filing of returns under Goods and Services Tax (GST) may get much simpler, as a panel is considering a single-stage return filing process, instead of
Simplifying GST: Creating a Grand Simple Tax – The Financial Express–17.012.018
The upcoming GST Council meeting on January 18 provides the government an opportunity to set the stage for a single tax rate in the near
This is what is throttling smooth business for online marketplaces – The Financial Express–16.01.2018
A couple of months back GST on “eating out” was lowered to 5%. In spite of being aware that it was possibly done on the
Govt sitting still on GST refunds | Business Standard Column–15.01.2018—–*****
Last week, The Institute of Chartered Accountants of India (ICAI) brought to the government’s attention several issues in filing of GSTR-1 returns and enabling of
What will be the place of supply in case of an auction sale under GST law? | Business Standard News–15.01.2018—–*****
What is the last date for filing of Form GST TRAN-1? Can the TRAN 1 be filed after the due date with late fees? The
Jittery over govt’s anti-profiteering drive under GST, firms may move court | Business Standard News–15.01.2018—–*****
Anxious over the government’s anti-profiteering drive under the goods and services tax regime, companies in the segments of fast-moving consumer goods (FMCG) and information technology
GST: Movement of goods set to be easy with e-way bill from February 1 – The Economic Times–13.01.2018
Come February and transporters will not need separate transit passes for moving goods from one state to another as the e-way bill issued to them
Budget 2018: It must bridge GST gaps – The Financial Express–13.01.2018—–*****
With the upcoming budget being the first after GST, there is pressure on the government to take up legislative reforms to ensure effective implementation. Apart
Tax payer: GST base is set to cross one crore mark – The Economic Times–12.01.2018
While the base has increased, a bulk of the registered taxpayers are paying zero tax, indicating that they have no liability. Taxpayers for goods and
Pursue the GST data to boost tax revenue–Economic Times–12.01.2018
India’s net direct tax collections reportedly grew by 18.2% in April-December 2017 from a year ago, with advance tax payments in December adding substantially to
Panel against including all services in GST composition scheme – The Financial Express–12.01.2018
A government-appointed committee has recommended against inclusion of all services, barring restaurants, under the ambit of composition scheme in the Goods and Services Tax (GST)
Businesses and tax experts still face problems in returns on GSTN | Business Standard News–12.01.2018
Businesses and tax experts continue to complain about problems faced in supply returns under the goods and services tax (GST) on the GST Network portal.
GST–Tough task | Business Line–11.01.2018
The anti-profiteering authority may find it challenging to make its cases stick One of the main planks on which the Modi government ushered in the
There are gains from GST, not all of which have been realised: T C A Anant | Business Standard News–10.01.2018
A few days after Advance Estimates (AE) showed that the expansion in gross domestic product (GDP) is set to decline to a four-year low of
GST and anti-profiteering: Industry must pass on benefit to consumers, but authorities too must take a big step – The Financial Express–09.01.2018
In a letter to large FMCG companies, the chairperson of the CBEC pointed out that in addition to these measures being a legal requirement, industry
Three rates better than one flat rate in the goods and services tax | Business Standard Column–09.01.2018
After the Prime Minister (PM) made a strong case against a flat rate in the goods and services tax (GST), the debate has assumed more