The government is looking to announce a procedure wherein the GST Council can address issues related to the indirect tax regime either suo motu or
Category: GST
Goods and Services Tax: Make the network work–10.11.2017
By Najib Shah The launch of the goods and services tax (GST) on July 1was hailed as ‘transformational’. Four months down the line, all kinds
Why compliance is low in GST | Business Line–10.11.2017
Good and simple tax? Well, not many seem to agree to that now. The number of registrations is inflated and does not represent the actual number
The Economy Debate-Mr. P Chidambaram and Mr. Rajiv Kumar– Business Today–10.11.2017
http://www.businesstoday.in/magazine/features/indian-economy-p-chidambaram-gst-job-creation-fiscal-stimulus-agriculture-crisis/story/262124.html The Indian economy is being buffeted by a series of crises. Economic growth has slowed down considerably. This has led to lower private investment,
Ease GST pain for small businesses: Let large buyers deduct GST on small supplies–09.11.2017
The Goods and Services Tax (GST) Council should lower the levy on many products that now attract 28% GST. Only demerit goods should attract the
All evidence suggest unorganised sector, SMEs worst hit by demonetisation: Arun Kumar – The Economic Times–08.11.2017
Arun Kumar is a renowned authority on the black economy. The economist taught at the Centre for Economic Studies and Planning at Jawaharlal Nehru University
Politics drives move against black money–Economic Times–08.11.2017
On the first anniversary of demonetisation, it is unambiguously clear that the project has been a resounding political success. It sent out a clear message
Demonetisation anniversary: Manmohan Singh’s speech in Gujarat; read full text – The Financial Express–08.11.2017
Former prime minister Manmohan Singh on Tuesday slammed Narendra Modi government for implementation of demonetisation and the GST. Singh said that demonetisation was a “complete
Change 28% slab to 18%: Amit Mitra | Business Standard News–08.11.2017
West Bengal Finance Minister, Amit Mitra has written to Union Finance Minister Arun Jaitley to change the 28 per cent bracket to 18 per cent
Only luxury and ‘sin’ items could be left in highest slab | Business Standard News–08.11.2017
Furniture, electric switches, shampoos, sanitary ware and handicrafts might be brought to 18 per cent, from 28 per cent now, sources said. Also, Finance Minister
‘I consider demonetisation an investment’ | S Gurumurthy–Business Line–08.11.2017
Demonetisation has affected all sections of the society “However, it is a corrective step. I consider demonetisation as an investment,” said economist and journalist S
Govt may review monthly GST return filing process – The Economic Times–07.11.2017
The government may review the requirement of filing at least three returns every month under the GST regime with a view to easing compliance burden
GST: Profiteering check now picking up | Business Standard News–07.11.2017
Kerala’s screening committee collected price information for over 600 items in the pre-GST and post-GST periods and suspected overcharging in 430 items The anti-profiteering mechanism
Can supplier adjust deposited CGST and SGST with IGST? | Business Standard News–07.11.2017
I had undertaken an interstate transaction on which I understand integrated goods and services tax (IGST) should be applied. However, at the time of the
SME Chatroom: In case of inter-state supply, supplier should charge IGST | Business Standard News–07.11.2017
I am a registered dealer at Kolkata (‘A’) and have purchased goods from a registered dealer of Mumbai (‘B’) for the purpose of re-sale to
Congress to seek overhaul of GST at next Council meet | Business Standard News–07.11.2017
The state finance ministers of Congress-run governments said on Monday they would demand an overhaul of the goods and services tax (GST) at the next
New GST Rates: GST could soon be in for the most comprehensive tweak since its launch–06.11.2017
The goods and services tax could be in for a revamp that’s more comprehensive than the tweaks that have been made thus far to iron
Fix GST anomaly for service e-commerce–06.11.2017
Digital platforms for services such as carpentry, plumbing and cleaning face a goods and services tax (GST) problem that the GST Council should address. The
Black money no longer cool due to demonetisation, but real issue is plight of SMEs hit by note ban, GST combo – The Financial Express–06.11.2017
A year after demonetisation, while the anticipated windfall of Rs 2-3 lakh crore—tax evaders were expected to not deposit their black money—did not materialise, the
India’s previously unstoppable ruling party loses momentum – Tax brake-The Economist-05.11.2017
IF SUCCESS is the sweetest revenge then the makers of “Mersal”, a Tamil-language action-romance, must be feeling smug. Supporters of the Hindu nationalist Bharatiya Janata
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