When the goods and services tax (GST) regime was introduced on July 1, 2017, a major apprehension was that the trade and industry was not
Category: GST
More than 2.9 million file GST returns | Business Standard News–27.08.2017
As many as 2,964,653 filers had submitted returns for July under the goods and services tax (GST) regime by the Friday evening. Friday was the
GST amount collected hits Rs 50,000 cr mark from 20 lakh businesses – The Financial Express–25.08.2017
The government has collected goods and and service tax (GST) amount of Rs 50,000 crore so far with 20 lakh assessees having filed an interim
Not just MSMEs, even exporters hit by GST in West Bengal: Amit Mitra | Business Standard News–25.08.2017
Reiterating his stand against the July 1 roll-out of the goods and services tax (GST), West Bengal finance minister, Amit Mitra, on Thursday said the
Tax, in the bigger picture | The Indian Express–25.08.2017
Understanding is not merely a product of objective analysis. It needs a perspective as well. The national debate on GST is a case in point.
Future outlook: We may have to look for earning opportunities, rather than ideas; what you must know – The Financial Express– Meghnad Desai–22.08.2017
Arvind Subramaniam’s has been a refreshing appointment to the chief economic adviser position. He has raised the intellectual level of the Economic Survey reports as well
‘Another 6-7 months before GST is clear to all’ | Business Line–22.08.2017
At a ‘GST Talk’, organised by The Hindu and BusinessLine in association with the Kerala Management Association in Kochi, representatives of advertising agencies put
GST credit will be available only on value-added crude oil products | Business Line
Goods procured in Mumbai and transferred to Mumbai High will attract IGST Upstream oil and gas companies can avail an input tax credit (ITC) on
Overseas hitch | Business Line–22.08.2017
After 50 days of non-stop action on GST, it would not be an overstatement if one says the only transaction that a taxpayer can
GST Return Filing: How to handle discounts and additional cost–Economic Times–21.08.2017
By Tejas Goenka One of the sea changes brought about by the GST era is the way we determine the value of goods and services.
Composition scheme picks up pace after deadline leeway | Business Standard News–21.08.2017
About a million taxpayers have opted for a scheme that will benefit small businesses in the goods and services tax (GST) regime by allowing easier
Video: Demystifying GST | Business Line –19.08.2017
What is Goods and Services Tax? Is it better for us or worse? Why do they say it’s ‘one nation one tax’, when there are
GST return filing: Govt extends GST return filing deadline for cos who want to claim credit for past taxes–Economic Times–18.08.2017
There is no clarity on revision of TRAN 1 and there would be interest implications in case of excess credit claim hence, most taxpayers would
GST: Here’s how a missing column in GST return form is creating trouble for India Inc–Economic Times–17.08.2017
A top conglomerate may have to shell out a bit extra in advance tax this quarter due to an unusual glitch in the tax returns
Form fatigue | Business Line–17.08.2017
Compliance in the GST regime involves filing a bewildering array of forms with unique alphanumeric identities. As the date for filing the first return in
Pricing mechansim: GST glitches may hit pricing, new orders: Exporters–Economic Times–16.08.2017
The slowdown in exports may mark the beginning of trouble ahead, said exporters a month and half after the goods and services tax (GST) rollout.
Common use items exempt from e-way bill provision under GST – The Financial Express–16.08.2017
LPG, kerosene, jewellery and currency are among the common use items that have been exempted from the requirement of obtaining electronic permits for transportation under
Essential for the Government to be alert to the situation: Hasmukh Adhia | Business Line–15.08.2017
The Government adopted unconventional methods to educate stakeholders and ensure a smooth rollout of GST. These included the week-long ‘masterclasses’ held by Revenue Secretary Hasmukh
GST implementation: Petroleum products will not be brought under new tax regime, says MP Finance Minister Jayant Mallaiya – The Financial Express–14.08.2017
The Madhya Pradesh government here today made it clear that petroleum products will not be brought under the ambit of Goods and Services Tax (GST).
Rera, GST hit developers; realty launches could dip this festive season | Business Standard–14.08.2017
New real estate launches could come down by 10-30 per cent on a yearly basis in key residential markets such as Mumbai, Gurugram and Bengaluru