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Latest Articles in gst bill
Petroleum Products Can Be Brought Under GST Once States Agree: Sitharaman
The provision is already available for petroleum products to be brought into the GST, says FM
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Rs 1.5 lakh Cr Monthly GST Collection Has Become New Normal: CBIC Chief Vivek Johri
This was for the third time, in the current financial year, GST collection has crossed Rs 1.50-lakh-crore mark
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How Govt Can Ease GST-related Complications To Facilitate Business For MSMEs
The government believed that a streamlined tax system and a single market would increase operational effectiveness, particularly for MSMEs
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Govt Mulls Extending April GST Payment Deadline; Asks Infosys To Fix Glitch
As taxpayers face technical glitch on the GST portal, the government said it is considering extending the April tax payment deadline and has directed Infosys for early resolution of the problem
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Economic Costs Of War
India is exploring options to circumvent the sanctions by paying for Russian crude in rupees and enhancing rupee-ruble trade in other sectors
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Income Earned From Providing Guest Lectures Liable To 18% GST: AAR
Income earned from providing guest lectures will attract 18 per cent GST, the Karnataka bench of AAR has ruled.
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Grants, Non-philanthropic Donations To Attract 18% GST, Says AAR
It undertakes supply of services to 50 orphans and homeless children by way of shelter, education, guidance, clothing, food, and health for the women and child welfare.
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GST Officers Arrest 2 For Fraudulently Availing Rs 10.33 Cr ITC
The investigation spanned multiple locations in Delhi-NCR. Based on documentary evidence and statements recorded, it was ascertained that Paras Arora and Devpal Soni, both directors of the firm, were key players in the network of companies availing fraudulent ITC.
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High GST, Acquisition Cost Slowing Down Car Demand, Says MSI Chairman
The performance in the next three quarters will largely depend on how effectively people get vaccinated and observe safety protocols.
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Enhanced GST Mop-up Of Recent Months Should Now Be 'New Normal': FM
For eight months in a row, Goods and Services Tax (GST) revenues have crossed Rs 1 lakh crore mark and touched a record Rs 1.41 lakh crore in April 2021.
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Why Should India Include Natural Gas In GST?
Natural gas is promoted world over today, with the Indian government expanding gas projects at a fast pace.
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6.03 Crore GST E-invoices Generated In Dec 2020
The government had made it mandatory for businesses with turnover of over Rs 500 crore to generate electronic invoice or e-invoice for B2B transactions, from October 1, 2020.
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GST Compensation Gap Can't be Met from Consolidated Fund: AG
The Finance Minister Nirmala Sitharaman held 41st Goods and Services Tax (GST) Council meeting on August 27 were it was said that the GST collections got severely impacted due to Pandemic
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GST Reduced Tax Rates, Doubled Taxpayer Base To 1.24 Cr: FinMin
The number of assessees covered by the GST at the time of its inception were about 65 lakh. Now the assessee base exceeds 1.24 crore.
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Three Years of GST In India: Coming Of Age
India has a long way to go, and GST is still an evolving indirect tax system. Here’s hoping the next few years will bring about a much-needed economic revolution for the country with digital transformation in tax function, e-invoicing, new return system, rate rationalisations, improved compliance procedure and measures to curb tax evasion.
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