Category: GST

Under GST, if a taxable person procures goods or services from an unregistered person, the recipient is liable to pay tax under RCM, which, ICAI

The fact that the extended October 10/20/31 deadlines given for filing pertains to the returns for July makes it clear the problems being faced by

The implementation of GST had an adverse impact on manufacturing and may delay investment revival, the Reserve Bank said on Wednesday while hoping that there

The Union Cabinet is likely to approve setting up of the anti-profiteering authority under the Goods and Services Tax (GST) regime tomorrow. Prime Minister Narendra

The government’s willingness to converge the goods and services tax (GST) rates and make compliance easy for smaller taxpayers is welcome. Fewer, convergent rates would

Availing of the benefits of a flat tax rate and easier compliance, the number of businesses opting for the composition scheme under the goods and

Finance Minister Arun Jaitley has hinted that the goods and services tax (GST) regime could be further rationalised once the indirect tax structure becomes revenue-neutral.

Traders can now sell their unsold pre-GST stock with their revised MRP post the implementation of GST along with their old MRPs till December 31

The circular also provides window of payment of service tax in cases where no registration was obtained. Much focus under GST has been given the

In the three months since its roll-out, the goods and services tax (GST) has not led to a spike in prices of essential commodities or

As the new indirect tax regime completes a quarter, Business Standard looks at the problems filers have faced and the challenges ahead:  Report card: A

Highlights The move may take some time to implement as it has to be cleared by the law committee before it goes to the GST