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Simpler GST regime expected owing to these proposed changes
News & FAQs | By ALOK PATNIA | Jan 23, 2018
In its last meeting, the GST Council deliberated changes in the filing regime for the new tax. The simplified system is expected to be ap...
Centre may bring down number of GST rate slabs
News & FAQs | By ALOK PATNIA | Jan 22, 2018
The GST journey has seen more than its share of ripples. The government is now likely to make the first set of amendments to the GST Acts...
Levy of GST cess based on production in cards
News & FAQs | By ALOK PATNIA | Jan 22, 2018
The GST Council is likely to consider levying cess on certain commodities such as pan masala at the manufacturing stage itself, a move ai...
GST composition scheme may come under reverse charge mechanism
News & FAQs | By ALOK PATNIA | Jan 22, 2018
Worried by apparent goods and services tax (GST) evasion, India is likely to bring the composition scheme under the reverse charge mechan...
Trying to bring petrol, diesel under GST: Dharmendra Pradhan
News & FAQs | By ALOK PATNIA | Jan 22, 2018
Union Oil Minister Dharmendra Pradhan today said his Ministry is trying to bring petrol and diesel under the purview of the Goods and Ser...
GSTR 3B due date extended to 22nd January, 2018
News & FAQs | By ALOK PATNIA | Jan 20, 2018
The Central Government has extended the last date for filing return in FORM GSTR-3B for the month of December, 2017 is extended by two da...
GST Council Meet: Find out what got cheaper
News & FAQs | By ALOK PATNIA | Jan 19, 2018
The GST Council headed by Finance Minister Arun Jaitley on Thursday cut the tax rate on 29 goods including second-hand cars, confectionar...
Inclusion of real estate, cut in tax rates may bring cheer before Budget : GST Council Meeting to...
News & FAQs | By ALOK PATNIA | Jan 18, 2018
Just two weeks before the Budget, GST Council is expected to consider a reduction in tax rates for some items, about 80 going by some rep...
HUL gets GST anti-profiteering notice
News & FAQs | By ALOK PATNIA | Jan 17, 2018
Hindustan Unilever has received a notice from the Directorate General of Safeguards (DGS), which has been checking to make sure companie...
Days before Budget 2018, GST Council set to cut rates on 70-80 items; simpler rules and procedure...
News & FAQs | By ALOK PATNIA | Jan 17, 2018
The country’s six-month old revamped indirect tax system is set to undergo significant changes, which will include simplification of retu...
Biscuit manufacturers call for lower GST rate
News & FAQs | By ALOK PATNIA | Jan 17, 2018
Biscuit manufacturers today demanded a lower GST rate on biscuit and related products than the current 18 per cent, saying it is a mass c...
Traders are coming up with new ways to evade GST
News & FAQs | By ALOK PATNIA | Jan 17, 2018
The government may try to put in place rules to check tax evasion but trust ingenious businessmen to come up with ways to beat it. That&#...
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