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Govt plans major GST overhaul after identifying 180 issues
News & FAQs | By ALOK PATNIA | Last updated on Jun 26, 2018
The government is planning a major overhaul in the Goods and Service Tax (GST) as the GST Law Review Committee “has identified arou...
GST Council may cut tax on construction material to 18%
News & FAQs | By ALOK PATNIA | Last updated on Jun 26, 2018
The goods and services tax (GST) Council will consider a proposal to reduce GST rates on more items used in construction to 18% from 28%,...
Dabur sues government for denied tax sops under GST
News & FAQs | By ALOK PATNIA | Last updated on Jun 22, 2018
Dabur has dragged the central and Uttarakhand governments to court for rejecting tax sops for investment in poorer areas promised under t...
Anti-profiteering body questions FMCG, pharma firms on GST prices
News & FAQs | By ALOK PATNIA | Last updated on Jun 22, 2018
The National Anti-profiteering Authority (NAA) is questioning tax heads and CFOs of about 150 consumer goods and pharma companies to find...
Accommodation services by hotels to SEZ employees is inter-state in nature, attract Nil GST
News & FAQs | By ALOK PATNIA | Last updated on Jun 21, 2018
Setting aside recent advance ruling by Karnataka Advance Ruling Authority (ARA), the Central Board of Indirect taxes and Customs (CBIC) h...
Arvind Subramanian says that exempted sectors should come under GST
News & FAQs | By ALOK PATNIA | Last updated on Jun 21, 2018
Arvind Subramanian, who has stepped down as the Chief Economic Advisor (CEA), opined that there are many exempted sectors that should be ...
Govt clears ₹38,062 crore GST refunds
News & FAQs | By ALOK PATNIA | Last updated on Jun 21, 2018
The government has cleared pending GST refunds to the tune of ₹38,062 crore to exporters so far, the Central Board of Indirect Taxes and ...
28% GST PLUS VAT TO KEEP FUEL PRICE INTACT
News & FAQs | By ALOK PATNIA | Last updated on Jun 21, 2018
A peak tax rate of 28 per cent plus States levying some amount of local sales tax or VAT on petrol and diesel is likely to be the tax str...
Swiggy, ISB, Indigo under scanner for GST evasion
News & FAQs | By ALOK PATNIA | Last updated on Jun 20, 2018
The CT officials have started tightening the noose around several big firms in the State capital. The officials recently directed the Swi...
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