In the chairmanship of Finance Minister Arun Jaitley, on Wednesday, the 33rd meeting of the GST Council was held through...
The e-way bill for intra sate movement of goods will be applicable in Haryana from April 20. The e-way bill...
1. Those dealers who have claimed transitional deemed credit of 60% & 40% in GST TRAN 1 form need to...
India largest tax reform, the goods and Service Tax launched on July,1 with the aim of averting corruption in the...
Goods and Service tax (GST) has on February 21, introduced few latest changes in GSTR-3B to make it more user...
The finance ministry has sought a report from GSTN, the IT-backbone provider for GST, on glitches in the system that...
The government on Thursday postponed implementation of the e-way bill requirement for movement of consignments in the goods and services...
AS per recent clarification issued through circular, regarding levy of GST on speculation services, there are certain issues which are...
The Central govt. has issued some clarification regarding levy of GST on supply of service of accommodation of services which...
According to GST law, Every Person is required to get registration under GST law if Turnover of its business exceeds...
The Finance Ministry has permitted businesses to rectify mistakes in their monthly returns - GSTR-3B - and adjust tax liability,...
The government suspects that its composition scheme meant to ease life for small businesses is being misused with the average...
As per the admonition of Goods and Services Tax (GST) Council, the Central government has waived the late fee payable...
The Ministry of Finance vide its notification no. 1/2018- Central Tax dated January 1, 2018 as new amendments have been...
The Goods and Services Tax (GST) revenue is expected to escalate by 20-25% after the commencement of electronic way (e-way)...
Business with turnover up to Rs. 1.5 Crore can now file their Goods and Services Tax (GST) Returns for the...
Form GST REG-26 i.e. application for enrollment of existing taxpayers: December 31, 2017. Form GST ITC-04 i.e. details of goods/capital goods...
The Goods and Services Tax (GST) Council to acknowledge merging the triplicate GST Return forms to assuage the procedure of...
The Lok Sabha has recently approved a bill to hike Goods and Services Tax (GST) Cess on luxury cars from...
The Central Board of Excise and Customs (CBEC) has notified the 13th amendment in Central Goods and Services Tax (CGST)...
The outbreak of the Real Estate Regulation and Development Act (RERA) and Goods and Services Tax (GST) has created such...
Goods and Services Tax (GST) was enforced this year in July. Since there was no proper infrastructure to support the...
Mumbai: Home loan interest rates have dipped, but buyers’ sentiments have not improved, data shows, leading to a sharp fall in...
The unregistered taxpayers under the Goods and Services Tax (GST) law have been provided with a facility to fill form...
24th Goods and Services Tax (GST) Council meeting that held on 16/12/2017 through video conference about the implementation of e-way...
With already 10 million taxpayers registering themselves on Goods and Services Tax (GST) Network i.e. GSTN. The IT backbone of...
VISAKHAPATNAM: In major relief to property buyers, especially apartments, Goods and Sales Tax (GST) authorities have warned realtors and construction companies of...
MUMBAI: The housing finance companies’ regulator National Housing Bank is in talks with the authorities to lower the effective Goods & Services...
Goods and services tax network (GSTN) said it has introduced a functionality which simplifies the returns filing process for taxpayers....
The finance ministry on Tuesday urged businesses to revise any wrongful claim of tax credits from the previous indirect tax...
The taxpayers whose aggregate turnover during preceding financial year exceeded Rs. 1.5 crore or the new registrants who estimated their...
Soon travel packages to become cheaper. The government is looking at a proposal to allow tax credits to tour operators,...
Goods and Services Tax Network (GSTN) alleged that Input Service Distributor can now file monthly return form GSTR-6 on the...
The industrialists in Tirupur are still facing a hard time in filing Goods and Service Tax (GST) refunds in GST...
Goods and Services Tax (GST) Council would explore the possibility of merging the 12% and 18% and forming a new...
Goods and Services Tax (GST) was implemented in July 2017. Since then the government is trying to make changes in...
Importers of food i.e. unsold inventories of imported chocolate, confectionery and cosmetics, which attracted 28% Integrated Goods & Services Tax...
If you are aware of any firm who is raising prices after reduction in Goods and Services Tax (GST) or...
Indian Oil Corporation (IOC) is seeing the impact of Goods and Services Tax (GST). Nearly Rs. 4,200 crore as they...
United Arab Emirates (UAE) will be introducing Value Added Tax (VAT) from January 1, 2018. After UAE, other Gulf countries...
India’s first post Goods and Services Tax (GST) budget is probably on 01/02/2018. The Budget session of Parliament may begin...
The government will soon start the process of matching returns and invoices under the Goods & Services Tax (GST) as...
The Union cabinet on Wednesday approved the setting up of the 15th Finance Commission, which will decide on the distribution...
The Central Board of Excise and Customs (CBEC) has written to Fast-Moving Consumer Goods (FMCG) companies to pronto revise the maximum...
Goods and Services Tax Network (GSTN) will be launching a facility for businesses to make changes to their August and...
With time government is trying to provide relief to consumers by slashing Goods and Services Tax (GST) rates. It is...
The Union Cabinet has approved National Anti-Profiteering Authority (NAA) under Goods and Services Tax (GST). The main objective behind the...
The 23rd meeting of Goods and Services Tax (GST) Council has made certain amendments in the date on November 10,...
The 23rd Goods and Services Tax (GST) Council Meeting held in Guwahati on November 9-10, 2017. The meeting sops for...
The government may review the pattern of monthly GST (Goods and Services Tax) Filing every month under GST regime. The...
In the following article we will be illuminating steps through which you can prepare offline file for filing GSTR-2. First...
Some new accomplishments have been introduced on Goods and Services Tax (GST) Portal which will be a helping hand for...
In the recent course of time, taxpayers are taking a lot of time to comply with Goods and Services Tax...
As per a tweet by official twitter handle of the GoI for the queries on Goods and Services Tax (GST),...
With reference to twitter handle of the GoI for queries on Goods and Services Tax (GST), the due date has...
From this week, exporters who paid Goods and Services Tax (GST) can claim for refunds for the month of August...
Seems like a good news is on its way subsequent to Diwali. The Goods and Services Tax (GST) rate on...
Payments Exempted under Reverse Charge Mechanism Exempts payment of tax under reverse charge basis in terms of section 9(4) of...
For the Goods and Services Tax (GST) related shortfall in the revenue for the month of July-August period Rs. 8,000...
In the 22nd GST Council meeting, few important recommendations were offered for different industries which also included petroleum and oil...
If you are a supplier and somehow forgot to upload invoices issued to a registered recipient in Goods and Services...
The 22nd GST Council Meeting was held at New Delhi on the 6th of October 2017. In the meeting, various...
In recent updates, the Government has extended various timelines and has also given exemption to specified services, as mentioned below....
As per the current Goods and Services Tax (GST) regime, GST taxpayers must file 3 statements for each month (GSTR...
The Government has been trying to make revolutionary changes in the market by launching new rules and acts. Since then...
The goods and services tax (GST) registrations for entities mandated to collect and deduct tax at source will start from...
GST Implementation Committee (GIC) has extended the last date for filing GSTR1, GSTR2, and GSTR3 for the month of July....
The Goods and Services Tax (GST) Council on August 5, 2017, had approved a proposal to change GST Compensation Law...
The Uttar Pradesh government will not charge the Goods and Services Tax (GST) on tickets of films of which more...
The Uttar Pradesh government will not charge the Goods and Services Tax (GST) on tickets of films of which more...
Businesses can start filing their first tax return under the new Goods and Services Tax GST regime as the GST...
The impact of the demonetization drive and the rollout of the goods and services tax will make it tough to...
A proposal to refund central goods and services tax on items made in formerly excise-free zones in Himachal Pradesh, Uttarakhand,...
The Goods and Services Tax (GST) regime has reduced the tax rates of most commodities consumed by the weaker section...
Indraprastha Gas Ltd, the sole supplier of natural gas as automotive and kitchen fuel in Delhi and its suburbs, on...
The proposed anti-profiteering authority under the new goods and services tax (GST) regime will take up for scrutiny only those...
The Delhi Congress will launch a week-long anti-GST campaign on July 30 at all the major markets of the city,...
Three weeks into the new tax regime, the Goods and Services Tax Network (GSTN) has said that it will analyze...
In the first such action ever since the Goods and Services Tax (GST) came into effect, the food supplies and...
The government on Friday extended the deadline for small businesses to opt for the composition scheme in the goods and...
The GST Council at its meeting next month is likely to take up taxation issues raised by sectoral bodies along...
There has been a substantial confusion in the change of MRP (Maximum Retail Price) of the goods under GST. According...
The Union Cabinet on Wednesday approved a draft bill to replace ordinances that were promulgated to introduce the goods and...
To clear some of the ambiguities created by the implementation of Goods and Services Tax (GST), the government has been...
Whether the hotel is a five star or not, if its room rent is 2500 rupees per day or more...
Ministry of Corporate Affairs notifies Companies (Meetings of Board and its Powers} Second Amendment Rules, 2017 dated July 13, 2017....
The Goods and Services Tax has kicked in from July 1 and so far, the GST Network, the company handling...
Under the guise of a new tax regime, you can screw up overcharging and bribery rigging on the part of...
From July 1, all the mobile phone users will have to shell out more for their mobile phone usage. The...
Though the state has incurred losses with many state government taxes being subsumed in Goods and Services Tax (GST), the...
Textile traders in Ahmedabad will go on an indefinite strike from Monday to mount pressure on the government to roll...
The goods and services tax (GST) provision, requiring any good more than Rs50,000 in value to be pre-registered online before...
The goods and services tax (GST) provision, requiring any good more than Rs50,000 in value to be pre-registered online before...
If the new MRP sticker is not imposed after the GST is applied on the surviving old goods, then a...
GST has been implemented, but many small businessmen who have not yet registered and those businessmen who have a provisional...
People will have to loose their pockets to buy LPG gas cylinders from July. Due to the reduction in GST...
On Friday night, India imposed the largest tax reform on its land, with the introduction of Goods and Services Tax...
On Friday night, like the clock fork will play 12, the new tax system Goods and Services Tax (GST) will...
Most of the grocery, household and personal care products, prices of Goods and Services Tax (GST) will remain as long...
There are only two days left to implement GST. In this way, across the country from Big Bazaar to Amazon,...
With less than a week left for the rollout of Goods and Services Tax (GST), e-commerce retailers are trying their...
Indian Railways can also face some problems with Goods and Services Tax (GST). This can increase the cost of railway...
Thousands of business people trying to get the registration of Goods and Services Tax (GST) are facing a lot of...
The government has postponed an important provision of GST. Under this, it was necessary for the e-commerce players to deduct...
Under the GST, there is a provision of tax concession in the real estate projects that the land value is...
With the introduction of GST, where there is talk of being easy for businessmen on one hand, there is a...
The Reserve Bank of India surprised the banks on Friday night. For the cases being taken to the banker's court,...
After the implementation of the goods and services tax (GST) from July 1, many services can be expensive. Just a...
Express logistics players on Wednesday hit out against the e-way bills provision under GST, saying the extra paperwork and processes...
In order to ensure preparedness for the Goods and Services Tax (GST) roll-out from July 1, the Ministry of Electronics...
Any business entity that fails to pass on benefits of lower taxes under the goods and services tax (GST) to...
Much-awaited nation-wide tax Goods and Services Tax (GST) will be rolled out on mid-night of June 30 and will come...
The Government has endangered to cancel the registration of entities that do not pass on gains from GST to consumers....
The traders who do not give customers less tax benefits under the Goods and Services Tax (GST) will have to...
CBEC vide Notification no. 5/2017 -Central tax dated 19th June 2017 specifies the persons who are only engaged in making...
CBEC vide notification no. 1/2017 -Central Tax dated 19th June 2017 appoints the 22nd day of June, 2017, as the date...
GST registration (migration) window shall reopen on 25th June, 2017 and continue to reopen for three months and all the...
Millions of traders migrating to GST from current tax regime like excise and VAT are currently undergoing both adventure and...
The largest Indirect Tax Reform in the country will be applicable from July 1st. The GST Council, the top unit...
If you are paying the installer for installments for your flat then you may have to pay 12% GST after...
Many retail companies have made huge cuts in the price for the stock. Goods and Services Tax (GST) will be...
Since the introduction of Goods and Services Tax from next month, the price of essential medicines may increase up to...
India's most comprehensive indirect tax reform — the goods and services tax (GST) — is inching towards a July 1...
Under the Goods and Services Tax (GST), traders, manufacturers and restaurants or Dhabas, who are doing business up to Rs...
The indirect tax structure on cement has always been a subject matter of discussion amongst industry members, Government officials and...
Goods and Service Tax (GST) Council cleared the pending rules, including transition provisions and returns, with all states agreeing to...
Today GST council is going to finalise taxes to be levied on six commodities, including gold, textiles and biscuits, as...
As we all know that implementation of GST would undoubtedly impact one’s personal finances especially when it comes to financial...
Finance Minister, Arun Jaitley said that GST to be enacted in over a month, will not only check evasions but...
GST regime will roll out from July 1, apartment owners have to pay about 2.5% additional tax on maintenance charges....
The Goods and Services Tax (GST) Council on Thursday fixed tax rates on 1211 items, most of which likely become cheaper...
Prime Minister Narendra Modi can keep the words of the new Goods and Services Tax (GST) in front of the...
Transactions fees of financial services become more expensive after government may put 18% tax in the new (GST) regime. According to one...
GST Council has fixed a tax slab while stepping in to implement the new tax system. Probably, with the Goods...
With the introduction of Goods and Services Tax (GST) in July, many opportunities for gold trade can open in the...
The process of implementing the 'biggest economic recovery' of GST from July 1 is going on fast. Even though the...
On Tuesday, Goa legislative assembly will sit for a special session to ratify the Goods and Services Tax (GST) Bill,...
GSTN is conducting a pilot test on return filing. It will be a live test using 4,000 taxpayers.Once the goods...
Patients are worried about the possibility of a shortage of medicines because stockists and trade channels, uncertain about modalities of...
Casual Taxable Person- means a person who occasionally undertakes transactions involving supply of goods/ Services in the course or furtherance...
Government makes two slabs for services under GST, with segments such as transport facing a lower levy compared to 18%...
The government hit customs duty on imported mobile phones after switching to the goods and services tax (GST) regime as...
A record of goods lost, stolen or destroyed as well as those given as free sample and gifts will have...
India is planning a significant shift toward a litigation-free environment under the GST regime, creating a liberal mechanism that would...
GST council chaired by finance minister Arun Jaitley has urged states to approve state GST laws by the end of...
After having opted for multiple rates under the upcoming goods and services tax (GST) regime, India is now looking to...
Moving goods worth more than Rs 50,000 under GST will require prior online registration of the consignment and securing an...
As GST is on edge of applicability from 1st July 2017, everyone just try to analyse its impacts on various...
A number of goods such as cosmetics, shaving creams, shampoo, toothpaste, soap, plastics, paints and some consumer durables could become...
Taxpayers registered under the new goods and services tax (GST) regime that is set to be implemented from 1 July...
The GST system which will be maintained by the Goods and Services Tax Network (GSTN), a not-for-profit company, is the...
The government is pushing for rolling out goods and services tax (GST) from July 1 and industry has been given...
Education, healthcare and pilgrimages will continue to be out of service tax net even under the GST regime as the...
The prospects of a 1 July rollout of the goods and services tax (GST) brightened further on Friday. The thirteenth...
As a pre-requisite to shift to Goods and Services Tax (GST) Regime, every existing tax payer is required to migrate...
29 March 2017 must be recorded as one of the most significant days in the history of federalism in India....
With the Lok Sabha passing four bills related to goods and services tax (GST) on 29 March, the stage is...
Allaying apprehension of spike in prices of goods and commodities after the roll out of the GST, Finance Minister Arun...
An employer-employee relationship is something which is no longer the sole purview of the HR department. Under GST, which is...
The government is arming itself with powers to levy goods and services tax (GST) on all rental income but is...
The four Bills that would operationalise the rolling out of the Goods and Services Tax (GST) were tabled in the...
NDA government is poised to introduce the last batch of GST legislations this week in Lok Sabha, probably as early...
The Central Board of Excise and Customs (CBEC) will be reorganised for the implementation of the Goods and Services Tax...
The Central Board of Excise and Customs (CBEC) set up working groups to address concerns raised by trade and industry...
Petroleum products would, however, continue to be taxed as per the current taxation regime until the GST Council agrees on...
Farmers' body FAIFA asked Finance Minister Arun Jaitley to protect interests of Indian tobacco farmers while formulating GST laws. The Federation...
Some of the service contracts are set to be renegotiated under the goods and services tax (GST) framework as it...
Shares of ITC and other cigarette makers soared up to 7 per cent in the morning trade on Friday amid...
GST council has cleared the state and union territory GST bills and capped cess on luxury cars (15%), aerated drinks...
Small scale industries of the region fear a drop in production and profitability due to subsuming excise exemptions and increased...
The inclusion of low-priced glucose and other biscuits under the proposed Goods and Services Tax regime will probably lead to shutting...
Many banks and financial institutions may be in a lot of trouble as they could just see the complexity in...
There is a reason to rejoice for foodies. Eating out at food joints and small restaurants will become economic with...
The GST Council at a meeting on Saturday broadly agreed on the contours of two key legislations CGST and IGST - but...
Tamil Nadu is ready to roll out the goods and services tax (GST) on July 1, the scheduled date, for which...
The states and the Centre on Saturday decided on a 5% levy on dhabas and small restaurants under the goods...
For the first time the government seems to be prepared for goods and services tax (GST) but the corporate world...
After a decade-long wait, India will finally implement the Goods and Service tax this will help to remove tax barriers...
India has decided to peg the peak goods and services tax (GST) rate at 40% in the legislation instead of...
Nodal jewellery trade body, All India Gem & Jewellery Federation (GJF), has met a dozen state finance ministers over the...
Central Board of Excise and Customs (CBEC) has launched a mobile application for Goods and Services Tax (GST). This app enables...
Submitted by Tax_centrik on 21/02/2017 The Government is striving hard to meet its ambitious target to roll out a pan...
The rollout of GST is likely to be delayed by two or three months, the government is yet to finalise...
Submitted by Tax_centrik on 17/02/2017 States have been given the leeway to tweak the criteria for division of taxpayers after “consultation with...
Submitted by Tax_centrik on 13/02/2017 The Confederation of all India traders(CAIT) said it will prepare 5,000 trade leaders across the country as...
Submitted by Tax_centrik on 17/01/2017 GST ninth council meeting comes to an end with major outcomes as it resolved the issue of...
Seventh Meeting of GST Council on its first day of two days started on friday, 22nd December 2016, finalised 197 Clauses...
Submitted by Tax_centrik on 19/12/2016 As GST would going to implement from April 2017, all existing tax payers registered under Service tax,...
The draft rules prepared by GST work force has been accepted in pricipal by GST council and the process for...
The Government is likely to bring new Separate law detailing the Method of Compensating the States for any revenue loss...
Goverenment is planning to have State GST Secretariat which will bring together central government and state government offices in one place....
The GST Council at its two days meeting starting from today will finalise the Model GST law, IGST law and...
In order to Prevent any sudden hike in the price of Commodities after Implementation of goods and Service tax which...
Draft revised Model GST law excluded "Securities" from the definition of goods. Earlier it was a matter of contention whether...
Government has released the revised Model GST law, Draft IGST law, and Draft GST Compensation law, in public domain. These...
The govt. has launched GST portal (www.gst.gov.in). The state wise schedule for GST registration is hosted on the website. Government...
The country moved one step ahead in realizing the dream to roll out GST successfully from 1st April 2017 ,as...
Long awaited GST council meeting ready to take decision on some crucial matters begin from today to discuss on the...
As the GST Council meets here on November 3-4, both the Centre and states seem to have hardened their positions...
GSTN. a non for profit organization, non-government, private limited Company promoted by government with mandate to build IT support for...
Earlier States objected to the use of GST collections (cess on GST) to finance revenue loss compensations to the states...
Revenue Secretary Hasmukh Lal said that GST can be paid online using debit or Credit Cards. Tax payers can use...
GST Roll out- 80 lakh existing tax payer of Excise, Service tax and VAT can start migrating their registration from...
The Proposal from the Centre that triggered Objection from states was the Imposition of Cess on Ultra luxury and demerit...
Finmin Arun Jaitly Chairing three days Meeting of GST Council started tuesday on 18th october 2016 had proposed following at...
Government of Assam vide Circular no. 9/2016 dated 13/10/2016 had made available the procedure of getting provisional GSTIN. The tax...
Finmin Arun jatily said GST rate will be distinct for environment unfriendly products, move to boost funds for climate financing.The...
The GST Council, chaired by Union finance minister Arun Jaitley, is already working towards finalizing the structure of the new...
Goods and Service tax Network (GSTN) a company entrusted to develop the Logistic and IT backbone for the new tax...
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