Category: GST

Clipped from: https://www.financialexpress.com/money/gujarat-hcs-respite-to-real-estate-buyers-deemed-land-value-only-optional/2561184/ Recently, the Gujarat High Court passed an order in favor of the taxpayers while directing the refund of excess payment of GST to

Clipped from: https://www.thehindubusinessline.com/economy/any-amount-collected-periodically-by-rwa-that-exceeds-7500-will-attract-gst-tsaar/article65510123.ece ‘GST is not leviable on electricity and water charges collected from residents’ Any amount collected periodically, along with the monthly maintenance charges by

Clipped from: https://www.thehindubusinessline.com/economy/government-exploring-all-options-against-sc-rulings-related-with-igst-on-ocean-freight/article65510197.ece Ruling more known for court’s comment on GST Council The government is exploring all options including filing a review petition against the Supreme

Clipped from: https://economictimes.indiatimes.com/small-biz/gst/income-from-property-rented-out-gst-aar-makes-an-important-ruling/articleshow/92073684.cms Synopsis In its ruling, the AAR held that GST exemption is provided by the nature of the property and its usage and not

Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/resolve-gst-disputes-quickly-and-smartly/articleshow/92067343.cms Synopsis The GST Council has the power to make recommendations on tax rates and a wide range of GST-related subjects. The council’s decisions

Clipped from: https://www.business-standard.com/article/economy-policy/gom-may-suggest-pruning-gst-exemption-list-ahead-of-council-meeting-122060600007_1.html A meeting of the GST Council is expected this month or early next month. It may discuss the inverted duty structure, too The

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