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Auto Industry Seeks Two GST Rates For Passenger Vehicles
News & FAQs | By ALOK PATNIA | Dec 18, 2017
Automobile industry body SIAM is seeking two tax rates for passenger vehicles under the GST regime instead of multiple rates levied curre...
Real estate firms may face probe by GST anti-profiteering body
News & FAQs | By ALOK PATNIA | Dec 18, 2017
Real estate developers are likely to be the first to face investigations by the new anti-profiteering watchdog for allegedly denying cons...
GST Ordinance To Be Replaced With Bill
News & FAQs | By ALOK PATNIA | Dec 16, 2017
The Cabinet on Friday approved replacing the Goods and Service Tax (Compensation to States) Ordinance by a bill, sources said. The GST (C...
Nation-wide e-way bill set for rollout from Jan; GST Council to meet on Saturday
News & FAQs | By ALOK PATNIA | Dec 16, 2017
Ferrying goods across states may get quicker from next month with the GST Council set to approve on Saturday an all-India rollout of elec...
A panel formed by Finance Ministry to frame response to the bitcoin conundrum
News & FAQs | By ALOK PATNIA | Dec 15, 2017
The Finance Ministry has formed a new panel to frame response on the bitcoin issue, media reports said on Friday. This came after the bre...
Arun Jaitley says 35% of businesses registered in GST pay no tax
News & FAQs | By ALOK PATNIA | Dec 15, 2017
Around 4 lakh people contribute 95% of GST collections, while 35% of those who have filed returns mostly paid no tax, finance minister Ar...
May bring electricity, petroleum, realty under GST, target is to reduce tax slabs: Sushil Modi
News & FAQs | By ALOK PATNIA | Dec 15, 2017
The GST Council will consider bringing electricity, petroleum products and some other items under the ambit of GST in future, Bihar Finan...
Fix GST credit claims or face scrutiny
News & FAQs | By ALOK PATNIA | Dec 15, 2017
The Centre urged taxpayers to correct their TRAN-1 forms to avail transitional credit under GST by December 27, failing which the governm...
FM says GST collections could rise on e-way bills
News & FAQs | By ALOK PATNIA | Dec 15, 2017
Revenue collections from the Goods and Services Tax could pick up over the coming months as provisions such as e-way bills for transport...
GST Return Filing further simplified
News & FAQs | By ALOK PATNIA | Dec 14, 2017
The GST Network said it has introduced a functionality which simplifies the returns filing process for taxpayers. “A new functiona...
Govt may allow pre-GST stocks to have revised MRP stickers till March
News & FAQs | By ALOK PATNIA | Dec 13, 2017
The government is expected to allow use of stickers to display revised maximum retail price (MRP) on unsold pre-GST stocks for three mont...
Government says to be a vigilant consumer – MRP Is Inclusive Of GST
News & FAQs | By ALOK PATNIA | Dec 13, 2017
MRP or Maximum Retail Price of a product – which is the maximum price that can be charged from a consumer – is inclusive of G...
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