Vigilant that businesses don’t hike prices using the goods and services tax (GST) as an excuse, the government on Tuesday said firms must advertise such
ARN not mandatory for doing biz, GSTIN sufficient: GSTN Chairman Navin Kumar
Application Reference Number (ARN) should not be considered mandatory by businesses for buying goods from vendors, GST Network said today. Application Reference Number (ARN) is
Reflect price revision post GST via stickers till September 30: Government–Financial Express–05.07.2017
The clarification from the government came as several businesses were left with huge unsold inventories before the GST kicked in from July 1. Clearing the
The art of doing business under GST–Business Line–05.07.2017
The art of doing business under GST Even though the process looks complex at the outset, online GST filings help small firms immensely in saving
Your GST checklist–Business Line–05.07.2017
Responsibilities of a GST-registered firm GST is a procedure-driven system where timely and accurate compliances are necessary. We list important actions you should keep in
GST–Selling online–Business Line–05.07.2017
Booming business Online shopping has become a way of life for over 50 million Indians, a number that is expected to scale to 175 million
GST regime: E-commerce firms want clarity on e-way bill for return cargo, ask vendors to become compliant–Business Line–05.07.2017
No process is defined for handling return cargo in e-commerce for the e-way bills under GST Future Supply Chain considers linking payment to compliance Staring
CBDT softens cash transaction norms–Business Line–05.07.2017
Exempts certain payments from the ₹2-lakh limit The Central Board of Direct Taxes (CBDT) has exempted certain cash transactions from the purview of the ₹2-lakh
‘Digital India’, a double-edged sword–Business Line–05.07.2017
It has not really worked as a promising option for the socio-economically disadvantaged In summer 2015, Prime Minister Narendra Modi delivered the inaugural speech for
Govt warns retailers against profiteering on GST transition–Business Lines–05.07.2017
Firms get time till Sept 30 to fix stickers with post-GST price Niggling problems in the transition to the Goods & Services Tax regime continued
Tax audit form revised, new disclosures mandated–Business Line–05.07.2017
The Central Board of Direct Taxes (CBDT) has revised the tax audit form (3CD), stipulating more disclosures of information including those on monies received for
GST software for SMEs–Business Line–05.07.2017
Online business services platform IndiaFilings launched cloud-based Good and Services Tax accounting software LEDGERS for small and medium enterprises. The platform offers end-to-end solution that
US rolls out its Global Entry programme for expedited clearance of low-risk Indian travellers–Financial Express–04.07.2017
The US has started rolling out for India its Global Entry programme which allows for expedited clearance of pre-approved, low-risk travellers. Indian Ambassador to the
RBI flags concern over rising cyber attacks–Business Line–04.07.2017
Calls for caution at all levels, stresses on increasing awareness While migration to digital payments bodes well for the country, both in terms of cutting
With Octroi gone, no pit-stops, and ‘an end to a million worries’–Business Line–04.07.2017
Mumbai had five Octroi check posts – Vashi, Dahisar, Mulund, Thane and Airoli – which collected about ₹7,600 crore in the year ended March 31,
Bank loans to individuals: Growth hits slowdown in May–Financial Express–04.07.2017
The growth in bank loans to individuals was 13.7% year-on-year (y-o-y) in May, compared with 19.1% recorded in the same month of 2016, data released
GST implementation: Here is why we should celebrate with caution–Business Line–04.07.2017
Taxes and death are inevitable, but the attempt always is to make them less painful. It was Lord Keynes who stated, “… Ultimately, it is
GST implementation: Dawn of a new era; government should ask for only GSTN level data–Financial Express–04.07.2017
Rahul Renavikar The concessions and the structural adjustments made all along the path certainly has made the Indian GST less efficient. The biggest adjustment was to
GST impact on taxes: Short term disruption will hit indirect taxes but demonetisation will boost collections–Financial Express–04.07.2017
With better compliance resulting from a large number of businesses moving into the formal economy, tax revenues in the post-GST regime will get a boost—the
GST India 2017: Exporters need not pay IGST if bond furnished
In case the IGST has been paid, the exporters can seek refund of the tax paid, according to a Customs circular on export procedure in
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