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Govt notifies series of changes in GST compliance requirements
News & FAQs | By ALOK PATNIA | Last updated on Mar 29, 2018
The government on Wednesday notified a series of changes in the timelines of the compliance requirements under the goods and services tax...
GST profiteering complaint form simplified
News & FAQs | By ALOK PATNIA | Last updated on Mar 28, 2018
The Finance Ministry has simplified and reduced the number of columns in the complaint form to make it easier for consumers to report any...
GST collection falls to Rs 85,174 crore in February
News & FAQs | By ALOK PATNIA | Last updated on Mar 28, 2018
GST collections slid for the second straight month to Rs 85,174 crore in February as only 69 per cent of the assessees filed returns. Aro...
Over 68,000 companies registered in 8 months post GST
News & FAQs | By ALOK PATNIA | Last updated on Mar 27, 2018
More than 68,000 companies have been registered in eight months following the implementation of the Goods and Services Tax (GST) regime, ...
Notices issued to realtors for inflated credit claims under GST
News & FAQs | By ALOK PATNIA | Last updated on Mar 27, 2018
About 400 real estate developers, including listed companies, have received notices from the indirect tax department for inflated credit ...
Business with nil tax liability may get to file GST returns bi-annually
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019
Businesses having zero tax liability for six consecutive months under GST may soon get relief once the proposal to allow such entities to...
Firms fear dispute over input tax credits
News & FAQs | By ALOK PATNIA | Last updated on Mar 26, 2018
Indian companies fear that input tax credit claimed for GST paid on raw materials may be disputed by tax officials later and are consider...
Proprietors, LLPs, HUFs under CBEC scanner for claiming transitional credit
News & FAQs | By ALOK PATNIA | Last updated on Mar 23, 2018
Proprietary businesses, LLPs and HUFs, which took registration under GST between October 2016 and June 2017, have come under the scanner ...
GST on Skill Development, Start-Ups and Tourism
News & FAQs | By ALOK PATNIA | Last updated on Mar 23, 2018
All kinds of representations received from the trade and industry (including start-ups) regarding GST rates on services have been deliber...
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