News & FAQs

GST Compliances eased for taxpayers having upto Rs. 1.5 crore

GST & Other Indirect Taxes | By Dipanjali Chakraborty | Nov 11, 2017

The GST Council on Friday provided the much-needed relief to businesses by easing return filing requirements as well as lowering the pena...

Composition scheme receives huge boost after GST Council Meeting

GST & Other Indirect Taxes | By Dipanjali Chakraborty | Nov 11, 2017

The 23rd GST Council Meeting was held yesterday, on 10th November 2017. The meeting had some huge perks to offer – much needed ones...

GST Council raises composition scheme threshold to Rs 2 crore

News & FAQs | By ALOK PATNIA | Nov 10, 2017

1. The Goods and Services Tax (GST) Council today decided to slash rates on more than 175 items, reducing taxes on these from the existin...

Here’s what could become cheaper after GST Council’s meet today 

News & FAQs | By ALOK PATNIA | Nov 10, 2017

The GST Council may today consider reducing items in the 28 per cent tax slab and slash rates for daily use items, plastic products and h...

Centre likely to announce procedure to address GST-related issues promptly 

News & FAQs | By ALOK PATNIA | Nov 10, 2017

The government is looking to announce a procedure wherein the GST Council can address issues related to the indirect tax regime either su...

Individuals to help out with GST returns at seva kendras

News & FAQs | By ALOK PATNIA | Nov 10, 2017

The government plans to tap the Central Board of Excise and Customs’ vast network of 4,500 GST seva kendras to help small businesse...

GST council likely to slash tax on 80 per cent items of top rate slab: Sushil Modi 

News & FAQs | By ALOK PATNIA | Nov 9, 2017

Bihar Deputy Chief Minister Sushil Kumar Modi, who is also a member of the GST council, today said tax rates on 80 per cent items of top ...

Advisory Group to discuss ways to simplify GST for traders 

News & FAQs | By ALOK PATNIA | Nov 9, 2017

The Advisory Group to the Law Review Committee of GST Council will meet here tomorrow to discuss the proposed amendments in rules and mak...

Hopes rise over GST Council meeting

News & FAQs | By ALOK PATNIA | Nov 9, 2017

Likely to bring 80% of goods from 28% to 18% bracket, offer lower rates on composition scheme and simplify filing norms. The Goods and Se...

Major rejig in GST rates for goods in 28% slab on anvil

News & FAQs | By ALOK PATNIA | Nov 7, 2017

In a comprehensive overhaul of the four-month-old goods and services tax (GST), the Centre and states are reviewing nearly half of items ...

Council to consider slashing GST on common use goods

News & FAQs | By ALOK PATNIA | Nov 7, 2017

The all-powerful GST Council may consider lowering tax rates on a host of goods such as handmade furniture, plastic products and daily us...

GST could soon be in for the most comprehensive tweak since its launch 

News & FAQs | By ALOK PATNIA | Nov 6, 2017

The goods and services tax could be in for a revamp that’s more comprehensive than the tweaks that have been made thus far to iron out ki...

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