News & FAQs

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...

Govt. specifies list of items on which GST rate have been reduced

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

The GST Council has specified the list of 177 items on which GST rate would be reduced from 28% to 18%. Further, on two items GST rate wo...

Improve GST filing services: Gujarat traders 

News & FAQs | By ALOK PATNIA | Nov 13, 2017

Gujarat traders have welcomed the changes in GST structure, but have urged the Centre to “improve filing services” on war footing. Nitesh...

Post tax rate cut, FMCG firms set to reduce prices 

News & FAQs | By ALOK PATNIA | Nov 13, 2017

Prices of shampoo, chocolates, nutrition drinks and condensed milk are set to drop 5-15% after the GST Council eased these from higher ta...

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