Category: GST

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

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

Uncertainty in GST hits mop-up The advance tax paid by top Mumbai-based companies in the September quarter has gone up by just two per cent

A “large part” of the ₹65,000 crore of transitional credit claims received by the government under the Goods and Services Tax regime are ineligible for

The disruption caused by the implementation of the GST has been grossly underestimated. While trade and industry are limping back to normalcy, the jury is

Even as the government looks to resolve the glitches of the GST Network, dealers using the network continue to grapple with technological issues on the

Another set of claims of input tax credit on stocks from the period before the introduction of the goods and services tax (GST) is likely

Filing returns through the GST portal has been a tedious exercise for many. The first of a two-part series looks at the challenges and the

By MS Mani If you are a service provider with operations in only one state, GST is going to be excellent because without too much