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
Category: 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
GST collections dip for second month in Nov to Rs 80,808 rore – The Economic Times–27.12.2017
The GST collections slipped to their lowest in November as rates were cut on dozens of goods to make the new national sales tax regime
Falling GST revenue: Taxing times ahead! CBEC asks officials to go after non-filers – The Financial Express–27.12.2017
CBEC chairperson Vanaja N Sarna asked tax officials “to ensure non-filers of GSTR-3B (summary returns) are brought into the fold and made to file these
What is the mechanism for publishing rate in a hotel according to GST law? | Business Standard News–26.12.2017
While filing the summary return in Form GSTR-3B, I observed there was a list of questions. Am I required to answer all before filing? Upon
Commerce Ministry mulls refund for exporters via single window | Business Line–26.12.2017
Seeking to exempt exporters from paying IGST The Commerce Ministry is looking at ways in which the coming Budget can provide further relief to exporters
‘Initial glitches in GSTN dwarf in comparison to what the portal has achieved’–26.12.2017
As the Chief Executive Officer of Unique Identification Authority of India (UIDAI) and the Chairman of the Goods and Services Tax Network (GSTN), Ajay Bhushan
Petroleum GST can wait | Business Standard Editorials–25.12.2017
On the face of it, the government’s intention to bring all petroleum products under the ambit of the goods and services tax (GST) is unexceptionable.
MRP stickers: Government extends deadline for selling pre-GST stock with revised MRP till March 31, 2018 – The Economic Times–24.12.2017
The government has extended the deadline for sale of pre-GST stocks with stickers of revised maximum retail price (MRP) till March 31, 2018, Minister of
Niti Aayog: GST regime to stabilise in next 18 months: Niti Aayog Vice Chairman Rajiv Kumar – The Economic Times–23.12.2017
The Goods and Services Tax (GST) regime would get stabilised in the next 18 months, Niti Aayog Vice Chairman Rajiv Kumar said today. “Give us
70 complaints filed with Anti-Profiteering Authority: Govt Business Standard News–23.12.2017
As many as 70 complaints have been filed with the Anti-Profiteering Authority, which deals with cases under the GST regime, the finance ministry said today.
Improve competitiveness to scale up expots, says Economist Gita Gopinath – The Financial Express–22.12.2017
Blaming disruptions caused by the GST implementation for sluggish exports, noted economist Gita Gopinath has said the country will have to become more competitive if
Exports–What industry expected when Modi government implemented GST – The Financial Express–22.12.2017
With the introduction of the Goods and Services Tax (GST), industry expected the government to continue to work towards a robust and faster indirect tax
Not a single macro economist thinks note ban was a good idea: Gita Gopinath | Business Standard News–22.12.2017
Demonetisation was not a good idea and the time should have been utilised instead to fine-tune the goods and services tax (GST) before it was
GSTN: GSTN brings in option for monthly, quarterly filing of forms – The Economic Times–20.12.2017
Goods and Services Tax Network (GSTN), the IT backbone of the new tax regime, today said it has put a new function on its portal
Extend pre-GST duty drawback rates till June: Parliamentary panel – The Financial Express–20.12.2017
A parliamentary panel has suggested the government to extend the pre-GST duty drawback rates until June next year or till the revenue department comes out
E-Way Bill complicates an already complex GST system – The Financial Express–20.12.2017
While it is true GST collections are falling short of estimates and that the system has not, as yet, been able to check tax evasion,
Transit gambit: on e-way bill mechanism for transport of goods – The Hindu–20.12.2017
Already grappling with the Goods and Services Tax transition, businesses are now anxious about how the roll-out of e-way bills will pan out. Starting February
GSTN brings in option for monthly, quarterly filing of forms – The Financial Express–19.12.2017
Goods and Services Tax Network (GSTN), the IT backbone of the new tax regime, today said it has put a new function on its portal