Over four months into the troubled implementation of the goods and services tax, the Centre has operationalised a provision in the GST law that has
Category: GST
Raghuram Rajan’s note against demonetisation should be made public: Montek | Business Standard News–20.11.2017
On demonetisation The finance minister is obviously keen to present the most positive picture he can think of. It’s probably been the most discussed initiative
GST rules changed on refund claims | Business Standard Column–20.11.2017
The finance ministry has decided that applications/documents/forms pertaining to refund claims on account of certain zero-rated supplies shall be filed and processed manually till further
High court judges, experts brainstorm on likely GST litigations | business-news | Hindustan Times–20.11.2017
With the Goods and Services Tax (GST) in place, 20 judges from 12 high courts brainstormed with experts and top government officials on identifying grey
GST rate cut: Govt allows companies to paste new MRP stickers till December | business-news | Hindustan Times–20.11.2017
With recent cut in GST rates on about 200 items, the government on Friday allowed companies to paste a price sticker on packaged products to
GSTN prioritises 38 issues, 10 take backstage–Deccan Herald–20.11.2017
The group of ministers (GoM), established to address issues in Goods and Services Tax Network (GSTN), has prioritised 38 issues within GSTN to address. According
[ Economy ] Have fun, boys! It’s just politics–Deccan Chrolincle–20.11.2017
Way back in 1989, not much after the Congress was ignobly shown the door after holding a commanding majority of 404 seats in the Lok
GST: Businesses can edit August, September GSTR-3B returns from November 20 – The Economic Times–19.11.2017
The Modi-led Group of Ministers (GoM), set up to look into GSTN glitches, also met Infosys Chairman Nandan Nilekani. GST Network will launch a facility
What is GST anti-profiteering body and how does it help consumers? – The Financial Express–18.11 2017
GST Anti-profiteering body: Aiming to protect consumers’ interest, the Narendra Modi government has given its nod for the establishment of a National Anti-profiteering Authority under
Moody’s upgrade may widen trade deficit, impact exports already hit by GST | Business Standard News–18.11.2017
While the government cheers India’s ratings upgrade by global ratings agency Moody’s, the move might further widen the already yawning trade deficit. Moody’s Investors Services
Trade, Pass on GST Benefit to Consumer–Economic Times–17.11.2017
The Cabinet’s nod for setting up the National Anti-Profiteering Authority (NAA) provided for in the goods and services tax (GST) law is a testimony to
Step on the gas: External sector data signal problems, government must accelerate economic and jobs growth–Times of India–17.11.2017
Recent economic data suggest that government has its work cut out. Data for external sector, current account and trade deficits, signal that employment intensive sectors
Exporters in a spot as GST refunds delayed | Business Standard News–17.11.2017
“After paying the GST four months in a row and without receiving any refunds, small and medium enterprises are at a breaking point. There is
GST: No GST on advance taken by FMCG companies – The Economic Times–16.11.2017
NEW DELHI: In a big relief to all FMCG companies and others that take advance from dealers before they supply goods, no goods and services
GST impact: After Sept surge, ready-made garment exports drop 41% in Oct | Business Standard News–16.11.2017
After seeing an increase of around 25 per cent in exports last month, ready-made garment (RMG) exports fell by nearly 41 per cent in October.
Congress blames haphazard implementation of GST for trade deficit ballooning to 3-year high – The Financial Express–16.11.2017
The Congress has once again hit out at the Narendra Modi government over the GST, saying that its haphazard implementation led to the ballooning of
GSTN utility for exporters to claim refunds to go live tonight – The Financial Express–16.11.2017
Merchant exporters can start claiming tax refunds using the new utility that will be activated on the GST Network portal tonight, GSTN CEO Prakash Kumar
‘CGST, SGST payable if supplier and place of supply are in same state’ | Business Standard Column–16.11.2017 [ 24.10.2017 ]
I am a registered dealer of motor parts in the state of Bihar. A dealer from Kolkata had purchased motor parts and himself taken delivery
GST: Anti-Profiteering guidelines under GST likely by next month – The Economic Times–15.11.2017
Legal experts say a company’s net profits have to also be taken into account while calculating anti-profiteering. Days after tax rates of about 178 products
GST Council impact: If tax is simple, revenue loss of Rs 20,000 cr will be made up fast – The Financial Express–15.11.2017
To what extent the GST Council’s move to ease the tax burden on consumers will pressure the fisc remains to be seen. Nevertheless, given how