Composition scheme biz need not file purchase details while filing GST quarterly returns 

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 23, 2018

Businesses opting for composition scheme under GST need not file details of purchases made from their vendors at the time of filing quart...

Food expenses recovered from employees for canteen services will attract GST

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 23, 2018

Recovery of food expenses from employees for the canteen service provided by the company will attract Goods and Services Tax (GST), accor...

CAIT asks FM to further extend due date of GST returns to December 31st

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 23, 2018

Traders’ body CAIT on October 21 wrote to Finance Minister Arun Jaitley seeking further extension of the deadline for filing summar...

GST refunds worth Rs 22,000 cr pending with govt

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 12, 2018

        As much as Rs 22,000 crore GST refund is pending with the government, creating liquidity problem for exporters and impacting over...

Maggi dealer holding back GST cut 

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 10, 2018

A Maggi Noodles dealer has come under watch for not passing on the benefits of a cut in goods and servicesNSE 1.13 % tax (GST) to consume...

Administrative jurisdiction no bar for launching GST enforcement action

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 10, 2018

To expedite action against erring taxpayers under GST, the Central Board of Indirect Taxes and Customs (CBIC) has written to field format...

Income Tax Return filing due date extended to October 31st 2018

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 8, 2018

The Central Government today extended the due date for Tax Audit and return filing under the provisions of Income Tax Act to October 31st...

GST policy on e-commerce may make life difficult for cab startups 

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 8, 2018

A Bengaluru-based startup has filed an appeal questioning a July 27 ruling by GST authorities in Karnataka which said app-based cab aggre...

World Bank says that Indian economy has recovered from disruptions of demonetization and GST, gro...

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 8, 2018

Growth in India is firming up and projected to accelerate to 7.3% in the 2018-19 fiscal and 7.5% in the next two years, the World Bank sa...

Fuel under GST to affect states’ revenue: Chief Ministers

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 8, 2018

Opposing the idea of bringing fuel products under the Goods and Services Tax (GST), three Chief Ministers from different political partie...

Travel portals seek clarity on TCS provision under GST 

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 5, 2018

India’s online travel providers such as MakeMyTrip, Yatra, Cleartrip and others are in a quandary over the new tax collected at source (T...

Supreme Court upholds GST compensation tax as constitutionally valid

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 5, 2018

The Supreme Court has put its stamp on the constitutional validity of the GST (goods and services) law permitting collection of a cess to...

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