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GST Rates Decided On 1,211 Items: Milk, Cereals Exempt, Foodgrain To Be Cheaper
News & FAQs | By Dipanjali Chakraborty | May 18, 2017
NEW DELHI: The Goods and Services Council today finalised tax rates for 1,211 items with a majority of items being kept at under 18 per c...
GST Council Meeting In Srinagar To Finalise Tax Rates On Goods & Services
News & FAQs | By Dipanjali Chakraborty | May 18, 2017
GST Council: On Wednesday, a technical committee of officials met in Srinagar before the start of the meeting to evolve a broad consensus...
Government To Strengthen Agency Under GST To Check Tax Evasion
News & FAQs | By Dipanjali Chakraborty | May 17, 2017
NEW DELHI: Ahead of the planned GST rollout from July 1, the government is strengthening the body responsible for detecting tax evasion a...
GST Exemption List Likely To Be Kept Around 100 Items
News & FAQs | By Dipanjali Chakraborty | May 17, 2017
NEW DELHI: The Centre and states are expected to keep the exemption list short — about 100 — under the proposed goods and services...
Industry Not Ready For GST’s 1st July Rollout
News & FAQs | By Dipanjali Chakraborty | May 15, 2017
Businesses are worried about getting back-end infrastructure ready in time and testing the systems The industry is worried about g...
Two-Rate GST Plan For Services
News & FAQs | By Dipanjali Chakraborty | May 15, 2017
New Delhi, May 14: The GST council’s fitment committee has tentatively decided to have two tax slabs – 12 per cent and 16 per...
GST Rollout From July 1 On Course; Hasmukh Adhia Reviews IT Readiness
News & FAQs | By Dipanjali Chakraborty | May 12, 2017
Revenue secretary Hasmukh Adhia on Thursday expressed satisfaction with the IT preparedness for the July 1 roll-out of the Goods and Serv...
Centre, States May Settle For 4% GST on Gold & Silver
News & FAQs | By Dipanjali Chakraborty | May 12, 2017
NEW DELHI: The Centre and the states may settle for 4% goods and services tax (GST) on bullion and opt for a special rate for fina...
GST Registration May Re-open From 1st June
News & FAQs | By Dipanjali Chakraborty | May 12, 2017
NEW DELHI: The revenue department on Thursday said that 60.5 lakh entities have enrolled themselves with the GSTN system and for t...
Audit Requirements for LLP in India
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | May 11, 2017
Unlike Companies, Limited Liability Partnerships are not required to get books of accounts audited compulsorily irrespective of turnover ...
Annual Compliances LLP has to meet even if there is no business activity
Corporate Law & Intellectual Property Rights | By Dipanjali Chakraborty | May 11, 2017
1. No business activity = No compliances required ...
Government planning Digital kiosks for GST rollout
GST & Other Indirect Taxes | By ALOK PATNIA | May 9, 2017
The government’s massive network of Common Service Centres (CSCs), or digital kiosks, have been identified to facilitate the rollou...
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