CII writes to PM Modi, seeks fiscal stimulus package of Rs 2 trillion Suggests setting aside 1% of GDP for cash transfer scheme for poor
Category: GST
GST’s routine tweaks – The Hindu BusinessLine
The Council is obsessed with incremental change One can almost predict the outcome of the meetings of the GST Council these days. The rates of
Needed, GST, not another alphabet soup–Economic Times
The Cabinet Committee on Economic Affairs (CCEA) approved last week a new Remission of Duties or Taxes on Export Products (RoDTEP) scheme that will reimburse
impact of coronavirus on smes: When is the Government going to respond? Businesses look for assistance as coronavirus starts hurting – The Economic Times
For millions of small businesses struggling with a slowing domestic demand over the last few quarters, the collapse of economic activities due to Covid 19
gst: Demonetisation, GST & liquidity crisis drove small businesses to the brink. Then came coronavirus – The Economic Times
As lockdown of entire cities takes place, consumer confidence has fallen sharply. No industry has been spared and major shows and events across the world
Reverse Charge: Why So Shy, GST Council?
The Goods and Services Tax Council has raised GST on mobile phones from 12% to 18%, the same rate that is levied on phone components,
GST fake invoices more than double in one year; these states see maximum cases of fraud – The Financial Express
In FY19, there were 1620 cases related to fake invoices, which more than doubled to 3866 cases in the current fiscal till January. Even as
Rationalise GST now | Business Standard Editorials
The likelihood that the novel coronavirus will cause a significant supply shock to the Indian economy — as well as a rippling demand shock from
The GST dilemma | Business Standard Column
The reality of goods and services tax (GST) in the field is that there is tax evasion on one side and administrative hurdles on the
New upgraded IT system for GST by July, e-invoicing to be implemented from Oct 1 – The Hindu BusinessLine
The GST Council on Saturday demanded Infosys to upgrade the Information Technology (IT) backbone by July 30. In the meantime, the council decided to defer
gst: GST officers to take steps to check export valuation, devise SOP for verification of risky taxpayers – The Economic Times
NEW DELHI: GST officers will soon come out with measures to check valuation of exports and device a standard operating procedure (SOP) for physical spot
GST Council meet: Inverted duties need to be corrected, but not now, Mitra tells FM – The Financial Express
Arguing against the planned move to correct the inverted duty structure in Saturday’s GST Council meet by hiking tax rates for a few mass-consumption items
GST query: Vendors on e-commerce platforms get notices – The Financial Express
Under the GST system, sellers on e-commerce platforms, except those supplying services, are required to register on the GST Network, even if their turnover fall
Coronavirus impact on economy: Govt may miss tax, disinvestment mop-up targets this fiscal due to coronavirus – The Economic Times
NEW DELHI: The government is likely to fall short of its revenue collection estimates in the current fiscal and may face challenges meeting the same
GST on cellphones, footwear, textiles to be rationalised on March 14 – The Economic Times
New Delhi: The GST Council is likely to rationalise tax rates on five sectors, including mobile phones, footwear and textiles, and defer implementation of the
FinMin flags 17 ‘areas of dissatisfaction’ with Infosys-designed GSTN | Business Standard News
The ministry has made it clear to Infosys that the onus of performance of GST portal lies with the company and that it should meet
AARs can determine place of supply under the GST regime: Kerala HC | Business Standard News
Place of supply rules are key elements, particularly for services, under the GST regime, as this tax is destination-based. The Kerala High Court has paved
gst: Nandan Nilekani gets govt summons over persisting GSTN glitches – The Economic Times
The government has asked InfosysNSE -4.67 % chairman Nandan Nilekani to explain why the IT major has failed to fix glitches in the GST Network.
GST e invoicing: E-invoicing under GST may be deferred – The Economic Times
NEW DELHI: The government is considering deferring the implementation of e-invoicing under goods and services tax (GST) by three months to July 1, two officials
GST fraud: Two directors of apparel exporting companies arrested for fraudulently claiming refund – The Financial Express
DGGI said two directors of the exporting companies have been arrested on March 7, 2020 under Section 69(1) of CGST Act, 2017 for offences under
aniltikotekar4sme.com 