Category: GST

Former Prime Minister Manmohan Singh today said the economy is on a “downhill path” because of the “adventure” of demonetisation undertaken last year which was

Amid criticism the roll-out of the goods and services tax (GST) has been hasty, haphazard, hit businesses hard and had a transitory adverse effect on

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

The Finance Ministry on Friday said that revenue from goods and services tax (GST) in July will not come down due to the high claims

For a reform that was cracked up to be India’s biggest tax overhaul since Independence, the roll-out of the goods and services tax is off

The Centre on Friday termed as “wild estimates,” exporters claiming that working capital was getting blocked due to delay in Goods and Services Tax (GST)

This week witnessed a flurry of activity among ministers and bureaucrats as the scale of India’s economic crisis has, hopefully, begun to sink in. The

The government on Friday said only Rs 12,000 crore of the Rs 65,000 crore of input tax credit claimed by assessees for the pre-GST stocks

The Narendra Modi government might need to relax the fiscal deficit target for the year, and the Reserve Bank of India should cut interest rates

Spend even 10 minutes discussing the problems of filing online forms under the new GST regime with a business accountant and you will get an

Just when it looked like good going, the Modi government faces an existential crisis: red lights are blinking on the country’s major macroeconomic parameters. Pressure

The Goods and Services Tax (GST) Council has put in place an elaborate framework for division of taxpayers between the state and central tax authorities,

All eligible businesses must migrate to GST immediately and use GSTIN on their invoices. The transition to the goods and services tax (GST) regime for

The furore caused by the sharp increase in petrol and diesel prices, since ‘dynamic’ daily pricing was introduced in June, has put the Government on

States are reluctant to impose the goods and services tax (GST) on petroleum, even as they are assured of full compensation on revenue loss due

The fall in crude oil prices in the past three years — induced partly by a demand shock and a supply glut — has given

Businesses have flocked to the GST Network portal on the last day of filing initial returns for August with over 80,000 GSTR-3B being uploaded every

Packaged food products will not face goods and services tax at the rate of 5% if the manufacturer declares to voluntarily forego any actionable claim

To summarize, in absence of extension of first filing deadline of TRAN 1 it needs to be filed by September 28t and the same can