Taxmen are now grilling leading eateries about menu prices before & after GST cut 

News & FAQs | By ALOK PATNIA | Nov 23, 2017

Leading fast-food chains such as McDonald’s have got queries from tax officials seeking details about menu prices before and after GST ra...

MCA notifies- No extension of due date for Annual Return

Corporate Law & Intellectual Property Rights | By Soumik Kumar Sen | Nov 21, 2017

The Ministry of Corporate Affairs has informed vide its press release that there shall be no extension of due date for Annual Filings. Th...

Revenue collected under GST in October at Rs 95,000 crore

News & FAQs | By ALOK PATNIA | Nov 20, 2017

The revenue collected under the Goods and Services Tax (GST) in October was Rs 95,131 crore and an average revenue shortfall of states ha...

Local bodies told to be GST-compliant

News & FAQs | By ALOK PATNIA | Nov 20, 2017

Guidelines issued for public works The State government has asked all local bodies to become GST-compliant, besides issuing guidelines on...

Automobile exporters under pressure as GST refund gets stuck

News & FAQs | By ALOK PATNIA | Nov 20, 2017

  Passenger vehicle exports from India have run into GST speed breaker as manufacturers have been unable to file claims since July and pe...

Government looks to cut GST on white goods 

News & FAQs | By ALOK PATNIA | Nov 20, 2017

After consumer products and other daily-use items, the government is now looking to reduce goods and services tax (GST) on consumer durab...

High court judges, experts brainstorm on likely GST litigations

News & FAQs | By ALOK PATNIA | Nov 20, 2017

With the Goods and Services Tax in place, 20 judges from 12 high courts brainstormed with experts and top government officials on identif...

Exporters can manually file GST refund claims: CBEC 

News & FAQs | By ALOK PATNIA | Nov 17, 2017

The government has allowed exporters to manually file before tax officers claims for GST refunds as it looks to fast-track clearance of d...

Govt may offer 200bps cut on B2C transactions giving a digital transaction push in GST regime

News & FAQs | By ALOK PATNIA | Nov 17, 2017

The government has prepared a proposal to offer a 200 basis points cut on the GST payable in all for business-to-consumer (B2C) transacti...

Assocham says to bring realty under GST with stamp duty, moderate rate:

News & FAQs | By ALOK PATNIA | Nov 15, 2017

If the real estate sector is brought within the ambit of GST, it should be along with the stamp duty and moderate rate, and should not ad...

Anti-Profiteering guidelines under GST likely by next month 

News & FAQs | By ALOK PATNIA | Nov 15, 2017

Days after tax rates of about 178 products under goods & services Tax (GST) were changed, the government could be looking to come out...

Knitwear industry unhappy over GST on job works

News & FAQs | By ALOK PATNIA | Nov 14, 2017

While welcoming the reduction of GST rates for most of the textile raw materials, knitwear unit owners here expressed unhappiness over jo...

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