lipped from: https://www.thehindubusinessline.com/economy/tn-aar-says-gst-to-be-levied-on-employees-share-of-canteen-charges/article65592349.ece ‘The supply of food by the applicant is ‘Supply of Service’ by the applicant to their employees as the same is not a
Category: GST
GST Rate Changes: GST: Rate changes and relief – The Economic Times
GST Rate Changes: GST: Rate changes and relief – The Economic Times https://economictimes.indiatimes.com/news/economy/policy/gst-rate-changes-and-relief/articleshow/92555756.cmsThe 47th GST Council meeting addressed the inverted duty structure and removed several
GST registration exemption for online seller with low turnover to boost e-commerce – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-registration-exemption-for-online-seller-with-low-turnover-to-boost-e-commerce/articleshow/92559782.cms Synopsis Now such suppliers will not have to obtain GST registration, if their turnover is lower than Rs 40 lakh and Rs 20
Less exempted good, by raising rates bad – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/less-exempted-good-by-raising-rates-bad/articleshow/92581979.cms Synopsis The GST Council must act swiftly to widen the tax base and include petro products so that multiple taxes that automotive fuels
5 years of GST: A mix of success and work in progress – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/the-impact-of-gst-a-5-year-tale/articleshow/92561762.cms ‘One nation, One market, One tax’ – the driving motto behind the introduction of GST, with effect from 01 July 2017, has brought
GST India: 5 years of GST: Has it done enough to propel Make in India? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/5-years-of-gst-has-it-done-enough-to-propel-make-in-india/articleshow/92586897.cms Synopsis In line with industry expectations, GST has had a positive impact on the manufacturing sector by removing the cascading effect of taxes
5 years of GST: The irritants that we need to iron out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/5-years-of-gst-the-irritants-that-we-need-to-iron-out/articleshow/92588002.cms Synopsis GST Authorities can investigate affairs of taxpayers for a long period of 5 years and 9 months. It is common experience that
Five years of GST: Is it a gamechanger for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/five-years-of-gst-is-it-a-gamechanger-for-msmes/articleshow/92587574.cms Synopsis Conscious of the immense contribution of the sector, the government has been taking many measures to provide a more facilitative environment for
GST Tax: The need to make GST reporting standardised, less cumbersome for taxpayers and administrators – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/the-need-to-make-gst-reporting-standardised-less-cumbersome-for-taxpayers-and-administrators/articleshow/92587287.cms Synopsis There is no doubt that the Government has put in its best efforts to clarify the issues to avoid confusion prevailing among
GST completes 5 years: Here’s a look at how tech has been used for tax compliance – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/gst-completes-5-years-heres-a-look-at-how-tech-has-been-used-for-tax-compliance-339824-2022-06-30 A nationwide Goods and Services Tax, which subsumed 17 local levies like excise duty, service tax and VAT and 13 cesses, was rolled
*Treatment in private hospitals to get costly with 5% GST on non-ICU rent – BusinessToday
Clipped from: https://www.businesstoday.in/lifestyle/health/story/treatment-in-private-hospitals-to-get-costly-with-5-gst-on-non-icu-rent-339861-2022-06-30 As per many health experts and industry insiders, this move by the GST Council will add to the common man’s already existing inflationary
GST Council’s decision to help small e-commerce sellers: Nasscom – BusinessToday
Clipped from: https://www.businesstoday.in/industry/story/gst-councils-decision-to-help-small-e-commerce-sellers-nasscom-339909-2022-06-30 Nasscom welcomed the decision of the GST Council on the in-principle approval for relaxation in the provisions for suppliers making supplies through E-Commerce
CBIC to come out with SoP for enforcement actions by GST officers – BusinessToday
lipped from: https://www.businesstoday.in/latest/trends/story/cbic-to-come-out-with-sop-for-enforcement-actions-by-gst-officers-340054-2022-07-01 The department also wants to improve data quality in the returns, besides a more systematised grievance redressal mechanism, particularly for MSME and dispute
Taxing gifts — circular adding to confusion – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/taxing-gifts-circular-adding-to-confusion/article65587385.ece TDS becoming more burdensome | Photo Credit: NicoElNino By clarifying that tax must be deducted at source even when the benefit is paid
How to make GST more efficient – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/how-to-make-gst-more-efficient/article65587376.ece Exempting small firms from the tax, doing away with State-wise registrations and reducing the tax slabs to three will help In its two-day
‘Doing away with exemptions, correcting IDS steering GST system in the right direction’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/doing-away-with-exemptions-correcting-ids-steering-gst-system-in-the-right-direction/article65587395.ece B.LINE:FOR FILE:Vivek Johri ,Chairman, Central Board of Indirect Taxes & Customs, in New Delhi,on 31.5.22. Pic Kamal Narang. B.LINE:FOR FILE:Vivek Johri ,Chairman, Central
*GST: More than just a tax reform | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/gst-more-than-just-a-tax-reform-122062901372_1.html Going forward, we also need to look at inclusion of items in the GST from a larger macro perspective The goods and services tax (GST)
GST Council meet: The Goose Point Theorem for rate rationalisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/gst-council-meet-the-goose-point-theorem-for-rate-rationalisation-122063000298_1.html The real issue before taxation lies in identifying the Goose Point and the way goes through ‘neutral goods’ So, the GST Council meeting, held at
*Five years of GST: The still good, but not-so-simple indirect tax | Business Standard Column
ipped from: https://www.business-standard.com/article/opinion/five-years-of-gst-the-still-good-but-not-so-simple-indirect-tax-122070100003_1.html The GST is still paying the price for govts talking the talk of a good and simple tax on July 1, 2017, but
*GST rule change for small businesses a game-changer for ONDC: Goyal | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-rule-change-for-small-businesses-a-game-changer-for-ondc-goyal-122063001028_1.html Goyal said another big advantage is for the small retailers who are very keen to engage with ecommerce Commerce and Industry Minister Piyush