Instructions for the purchase of laptops/notebooks and similar devices for eligible officers – Clarification regarding admissibility of Taxes/GST on the price ceiling.
The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at source (TCS) provisions under GST law. As per the Central GST (CGST) Act, the notified entities are required to collect…
The industry is optimistic that the GST tax cut will fuel demand and provide a new impetus for growth, especially ahead of the upcoming festive season.
Are you a Central Excise, Service Tax or VAT Assessee not registered in GST ? Govt has given another chance to Registrants to earlier Tax Laws but did not migrate to GST for migration to GST till 31st August 2018
GST Rates reduced for many items - Recommendations made during the 28th meeting of the GST Council held in New Delhi on 21st 2018. We know that GST Council which consists of members from states and centre is the supreme force in making…
GST council approves Simplified GST Returns - Major boost to small tax payers within Rs, 5 crore turnover in handling GST as they have been allowed to file Quarterly GST Return
Proposed amendments include return filing, registration-related issues, changes in input tax credit norms and refund rules, among others.
Adhia said that Rs 1 lakh crore revenue is “not the norm still”. “We hope to bring it (GST revenue) to the level of Rs 1 lakh crore (every month)
The government is looking to further lower goods and services tax (GST) in the coming months, starting with construction material such as cement and paints.
The tax proposal being mooted by the GST Council (Council) in light of the present situation is the imposition of a sugar cess within the GST regime.
As the Goods and Services Tax ( GST ) regime turns one year old on this July, the Central Government has notified the amended Central Goods and Services Tax (CGST) Rules
Transactions like purchase of insurance policies by NRIs and late payment charges on outstanding bills of credit cards will attract GST.
The GST Council is working towards rationalising Goods and Service Tax (GST) rates, Minister of State for Finance Shiv Pratap Shukla said on Thursday.
The finance ministry has pulled up officers of the indirect tax department for their supposedly inadequate performance in collecting the goods and services tax (GST).
The detailed clarifications for the GST financial services sector issued in the form of frequently asked questions (FAQs) seeks to address some pertinent issues relating to the industry such as levy of tax on free services.
The GST-Intelligence Unit has unearthed a racket which used fake bills to claim input tax credit worth Rs 450 crore, the Financial Express reported today. The government has started issuing summons to those traders or business houses…
A ministerial panel on imposing on sugar cess today decided to seek the law ministry’s opinion on the legality of such a levy.
Free banking services like cheque book issuance and ATM withdrawals are likely to remain out of the ambit of the Goods and Services Tax (GST).