Category: GST

Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/bring-fuel-under-gst-to-cushion-from-impact-of-volatile-oil-prices-says-sbi-report/articleshow/91909052.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis This is not the first time that the experts have suggested inclusion of fuel under the GST regime. Speaking to Mint, Bibek

Clipped from: https://www.business-standard.com/article/opinion/cbic-cautions-against-coercive-tax-collection-during-searches-122053000065_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The experience of the taxpayers is that many officers do not follow the CBIC instructions in tax collection or enforcement matters and do

Clipped from: https://www.business-standard.com/article/opinion/storm-in-a-gst-cup-122052701390_1.html The notion that the recent Supreme Court ruling alters the nature of fiscal federalism is misplaced, but the Council would do well to

Clipped from: https://www.thehindubusinessline.com/business-laws/has-the-supreme-court-clipped-the-wings-of-gst-council/article65440439.ece The great achievement of GST is that it has brought about uniformity in taxation in our country Certain observations made by the Supreme

lipped from: https://www.thehindubusinessline.com/business-laws/reaffirming-state-rights-in-gst/article65440504.ece Both Parliament and State have concurrent powers to legislate on GST and in the nature of a simultaneous power, the Apex court has

Clipped from: https://www.deccanherald.com/opinion/first-edit/fuel-tax-cuts-won-t-go-far-enough-to-curb-inflation-1112781.html The pressure on prices is spread wide across commodities and services Representative image. Credit: PTI Photo The central government’s recent decision to cut

Clipped from: https://www.business-standard.com/article/opinion/why-the-states-are-grumbling-122052500016_1.html The structure of central levies on petrol and diesel needs a review followed by their inclusion in GST The Union government’s decision last

Clipped from: https://www.business-standard.com/article/opinion/gst-cooler-heads-for-constructive-ends-122052501698_1.html To be sure, the cooperative spirit has gone missing since about 2018, reflecting the heavy-handedness of the Centre, not just on the GST

Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/apex-courts-ruling-on-gst-is-a-watershed/article65458398.ece Judgment time on GST RV Moorthy MOORTHY RV | Photo Credit: MOORTHY RV The judgment is likely to have some impact on the

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-officials-cannot-force-taxpayers-to-pay-tax-during-search-cbic/articleshow/91810925.cms Synopsis “In case of any wrongdoing on the part of any tax officers, strict disciplinary action as per law may be taken against

Clipped from: https://www.thehindubusinessline.com/news/fm-holds-discussions-with-icai-delegation-on-fraudulent-gst-refunds-other-issues-cbic/article65454148.ece On Saturday, members of the Gurugram chapter of the North Indian Regional Council of the ICAI took to the streets to protest against

Clipped from: https://www.thehindubusinessline.com/blexplainer/will-sc-order-disrupt-the-functioning-of-the-gst-regime/article65453284.ece What has the Supreme Court said about the GST Council’s recommendations?   The Supreme Court stirred a hornet’s nest by highlighting the fact that

Clipped from: https://www.business-standard.com/podcast/economy-policy/how-will-the-sc-ruling-affect-the-gst-framework-122052000107_1.html The Supreme Court ruled that GST on ocean freight paid for import of goods is unconstitutional. What does this mean for the GST

Clipped from: https://economictimes.indiatimes.com/small-biz/gst/taxpayers-can-now-claim-refund-of-igst-on-ocean-freight-experts-on-sc-judgement/articleshow/91720819.cms Synopsis Tax Connect Advisory Services Partner Vivek Jalan said this is a big relief for importers and GST taxpayers. “In fact those taxpayers

Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-why-it-is-impossible-to-continue-with-gst-law-in-its-present-form/articleshow/91728653.cms Synopsis ​​It was presumed that the introduction of a nationwide fiscal system would give the Centre exclusive power over indirect taxation. The court

lipped from: https://www.business-standard.com/article/opinion/sc-verdict-on-gst-council-s-recommendations-will-have-no-practical-impact-122052100548_1.html Why has no state, since July 2017 when GST was implemented, set different rates for itself? The answer is self-interest The Supreme Court’s

Clipped from: https://www.thehindubusinessline.com/news/govt-cuts-excise-duty-on-petrol-diesel-to-curb-inflation/article65443012.ece This will reduce the price of petrol by ₹9.5 per litre and of diesel by ₹7 per litre With the clear aim of

Clipped from: https://www.businesstoday.in/opinion/columns/story/sc-order-on-gst-council-are-we-going-back-to-the-dark-ages-of-indirect-taxes-334260-2022-05-19 The Supreme Court judgment could divide the country further economically and politically. By rendering the recommendations of the GST Council non-binding, the constitutionally