News & FAQs

Taxing times for coconut growers after GST rollout

News & FAQs | By ALOK PATNIA | Oct 22, 2017

Traders, according to growers, are bringing down copra prices citing the increase in tax rate. Coconut growers, already in distress becau...

75,000 returns uploaded per hour on last day

News & FAQs | By ALOK PATNIA | Oct 21, 2017

Nearly 37 lakh GST returns for September have been filed till 7pm on September 20 and 75,000 sales data are being uploaded on the GSTN po...

Karnataka CM Siddaramaiah supports demand for GST exemption on rural goods 

News & FAQs | By ALOK PATNIA | Oct 21, 2017

Karnataka chief minister Siddaramaiah endorsed the cause of the rural sector by writing to finance minister Arun Jaitley supporting the d...

Eating out may get cheaper as government plans flat 12% GST on all restaurants 

News & FAQs | By ALOK PATNIA | Oct 18, 2017

Eating out in air-conditioned comfort could get cheaper if a proposal to fix the goods and services tax (GST) at a flat 12 per cent on al...

GST hits excise-free zones; pharma, FMCG companies worried

News & FAQs | By ALOK PATNIA | Oct 18, 2017

A new GST reimbursement scheme has left Dabur, Godrej and many other FMCG and pharmaceutical companies worried about their manufacturing ...

Momentum builds up for inclusion of real estate in GST

News & FAQs | By ALOK PATNIA | Oct 18, 2017

Momentum is building for the inclusion of real estate within the ambit of the goods and services tax (GST) with several states backing fi...

Petrol, liquor, electricity and real estate set to come under GST ambit in J&K

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

A decision in this regard is likely be part of the state’s budget for 2017-18, which is planned for the first week of January, repo...

Dishonest citizens still cheat with full GST, half GST and no GST Bills

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

Corruption and the reluctance to pay taxes forced the Government to dish out a rigid GST framework. Retailers especially the small and me...

Distinction between AC, non-AC restaurants under GST may go

News & FAQs | By ALOK PATNIA | Oct 16, 2017

A panel set up by the federal indirect tax body, the Goods and Services Tax (GST) Council, on Sunday concluded that there is a case for d...

GST composition scheme: GoM consensus on providing relief to small restaurants

News & FAQs | By ALOK PATNIA | Oct 16, 2017

In an extension of the relief measures taken by the Goods and Services Tax (GST) Council in its October 6 meeting, the Group of Ministers...

Appeal to reduce GST by Builders Association of India (BAI)

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 11, 2017

The Builders Association of India (BAI) on Sunday urged the Central and State governments to reduce Goods and Service Tax (GST) from 12 t...

This is how fireworks makers are avoiding payment of higher GST

GST & Other Indirect Taxes | By ALOK PATNIA | Oct 11, 2017

In Sivakasi, it is easy to buy crackers without a bill or with an unsigned invoice   A section of fireworks industry spread over Virudhun...

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