Government’s total collection under GST for the month of November 2017 has dropped to Rs 83,346 crore till 27th November 2017. The revenue collected under
Category: GST
GST: Here’s what you can do if a restaurant overcharges even after the GST rate cut – The Economic Times–28.11.2017
Ever since the GST regime has come into force, establishments have been trying to find ways to trick the system. The government may have slashed
New GST filing dates: GST rejig recap: A guide to all changes and revised tax filing dates – Times of India–28.11.2017
After the much needed rate overhaul in the ongoing Goods and Services Tax (GST) structure, there have been a slew of changes in the deadlines
HSN code: How to find HSN code for GST – Times of India–28.11.2017
With GST, most of the goods and services were classified uniformly using Harmonised Commodity Description and Coding System or HSN. The HNS is a multipurpose
Digital discount: rise in compliance burden feared – The Hindu–28.11.2017
The Goods and Services Tax Council’s proposal to offer a 2% discount for electronic transactions, likely to be discussed during its next meeting, will need
Rs 50,000 crore of exporters’ GST refund stuck | Business Standard News–27.11.2017
At least Rs 50,000 crore worth of goods and services tax (GST) refunds of exporters for four months are stuck, impacting working capital and outbound
Simply junk the entire GST law | Business Standard Column–27.11.2017
Last week, Sushil Modi, a key member of the Goods and Services Tax (GST) Council, said 80 per cent of all issues relating to GST
GST–Industry must pass on lower tax burden–Economic Times–26.11.2017
The government has pulled out all stops to ensure that customers reap the full benefit of the reduced tax burden on goods and services, as
Narendra Modi government notifies post GST rates to boost exports, employment generation in textiles and apparel sector – The Financial Express–26.11.2017
In a major development, PM Narendra Modi led Central government has notified the post-GST rates to boost exports and employment generation in the labour intensive
T N Ninan: A bone in the throat | Business Standard Column–25.11.2017
The more one understands how the goods and services tax (GST) has been working, the more the question poses itself: Is this a bone that
The other side of GST story: How removal of ITC is affecting restaurants – The Financial Express–24.11.2017
It was decided that the customers will have to pay a uniform GST rate of 5 per cent on restaurant bills. During the 23rd GST
Govt doesn’t buy restaurants’ input tax credit alibi | Business Standard News–24.11.2017
With most restaurants increasing prices despite a cut in goods and services tax (GST), the government’s calculation reveals that prices would come down despite discontinuation
GST: Realtors want GST for sector be lowered to 6 per cent – The Economic Times–23.11.2017
The National Real Estate Development Council (Naredco) has urged the government to halve the goods and services tax (GST) rate for the real estate sector
Buying daily use products on same price after GST rate cut; soon, file a complaint – The Financial Express–23.11.2017
The government once again reminded that the benefit of reduction in the GST rate has to be passed on by the suppliers to the consumers.
Keep it simple | Business Standard Editorials–23.11.2017
Over the past few days, the GST Council has taken several decisions that are expected to make life simpler for a large number of companies,
Revival is on the horizon, with Indian public docilely adjusting to the twin shocks of demonetisation and GST–23.11.2017
The most charitable way to describe the recent shock of demonetisation, followed by a rushed implementation of GST, is to discount it as creative chaos.
GST–Hand those cut benefits down–Economic Times–23.11.2017
By Pratik Jain Slashing the goods and services tax (GST) rate earlier this month from 28% to 18% on 178 items, ranging from sanitary fittings
GST: GSTN chairman-led panel to consult experts to make return filing easier – The Economic Times–22.11.2017
The committee tasked with simplification of GST returns filing will consult tax experts and trade bodies to make the process convenient for businesses that have
Cloud providing SMEs with cutting edge technology to level field with big companies: IBM – The Economic Times–22.11.2017
With GST making it almost imperative for SMBs to digitise, IBM is eager to pull them on a cloud bearing their logo. An annual growth
GST Tax Slab: 12% & 18% GST slabs may be merged, 28% for demerit goods: Arvind Subramanian – The Economic Times–22.11.2017
The government may combine the 12 per cent and 18 per cent slabs for goods and services tax (GST) into one in the near future