Post-GST, over 20 states have done away with the check post which has reportedly reduced transit time of transportation by 30-40 per cent. But industry
Category: GST
Pre-GST credits soar to Rs 90,000 cr – The Financial Express–03.01.2018
The higher-than-expected utilisation of input tax credits, including the transitional credits, has been cited by the government as one of the reasons for the sharp
Arun Jaitley rules out one GST rate for all items | Business Standard News–03.01.2018
The government on Tuesday ruled out having a single rate for all commodities under the Goods and Services Tax (GST) saying items like food products
GST Returns: Government relaxes norms for rectification of returns under GST – The Economic Times–02.01.2018
The Finance Ministry has permitted businesses to rectify mistakes in their monthly returns – GSTR-3B – and adjust tax liability, a move that will help
Tax compliance: The invoice of reason–02.01.2018
By Najib Shah The tax gap — the difference between what ought to be collected as tax revenue and what actually is collected — has
GST, a tumultous ride through 2017; from launch to allaying taxpayers’ concerns, all you need to know – The Financial Express–02.01.2018
After spending nearly a decade in the workshop, the Goods and Services Tax (GST) completed six months of existence by 2017-end. However, the new indirect
GST 2.0: If 18 pct and 12 pct baskets merge, it would be transformative for economy – The Financial Express–02.01.2018
GST 2.0: If 18 pct and 12 pct baskets merge, it would be transformative for economy The year 2017 will be forever etched in Indian
GST refund woes bite exporters | Business Standard News–01.01.2018
Non-payment of tax refunds and last-mile procedural glitches have continued to be the biggest bane of exporters in the new tax regime. The issues have
Six months on, GST still a work in progress | Business Standard News–01.01.2018
The GST Council made a number of course corrections involving the rate structure, making life easier for SMEs, altering the timelines of the e-way Bill and
GST: Knots yet to be untied | Business Standard News–01.01.2018
The Goods and Services Tax (GST) Council has eased procedures to help small and medium industry players, but assessees still face problems in filing returns.
GST revenue: E-way bills may boost GST revenue: Tax officials – The Economic Times–31.12.2017
The government expects goods and services tax (GST) collections to rise by 20-25 per cent after the introduction of electronic way (e-way) bills, which will
e-way bill: Government to implement e-way bill from February as tax mopup slips – The Economic Times–31.12.2017
Nearly six lakh taxpayers availing the simple composition scheme under the GST have paid a tax of only about Rs 250 crore for July-August, leading
Three top firms served notices for not passing on GST benefits to customers | business-news | Hindustan Times–31.12.2017
The anti-profiteering watchdog set up under goods and services tax (GST) law has launched a probe into three entities for allegedly not passing on the
GSTN: Tax payers can see status of returns filed on GSTN portal – The Economic Times–29.12.2017
Tax payers can now view the status of the returns filed by them on the GST Network portal, the company handling the technology backbone of
Streamlining move: GST forms may go from 3 to 1 to ease the procedure – The Financial Express–29.12.2017
The GSTR-1 forms is meant for filing details of outward sales of a dealer. The Goods and Services Tax Council may consider merging triplicate comprehensive
Is GST facing transitional problems? – The Financial Express–29.12.2017
What is important now is to continue to find ways to simplify the system. Though the fall in GST collections in November is disappointing, it
Great Stress Test-Chaitanya Kalbag – BW Businessworld–29.12.2017
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 collections fall in November: Does government have a problem at hand? Maybe not – The Financial Express–28.12.2017
The November goods and services tax (GST) collections declined to Rs 80,808 crore, down from around Rs 83,350 crore revenue collected in October. The GST
Sorting out GST issues of exporters | Business Line–28.12.2017
The Government has started refunding the GST paid by the exporters. This money is refunded under the zero rating principle to promote exports. But the
GST–eWay Bill–Doesn’t fit the bill | Business Line–28.12.2017
GST’s e-way bill system can hit flow of goods When GST went live on July 1, it was announced that the facility for online generation
