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Arun Jaitley says no single rate for all items under GST
News & FAQs | By ALOK PATNIA | Last updated on Jan 3, 2018
The government today ruled out having a single rate for all commodities under the Goods and Services Tax (GST) saying items like food pro...
Government suspects GST leakage via SME scheme
News & FAQs | By ALOK PATNIA | Last updated on Jan 2, 2018
The government suspects that its composition scheme meant to ease life for small businesses is being misused with the average quarterly t...
Government relaxes norms for rectification of returns under GST
News & FAQs | By ALOK PATNIA | Last updated on Jan 2, 2018
The Finance Ministry has permitted businesses to rectify mistakes in their monthly returns – GSTR-3B – and adjust tax liabili...
Govt moves to crack down on tax evasion under GST regime
News & FAQs | By ALOK PATNIA | Last updated on Jan 2, 2018
Suspecting massive tax evasion under the goods and services tax (GST) regime, the government is banking on the new e-way bill system as w...
E-Way Bill System under GST to Roll Out From February 1
News & FAQs | By ALOK PATNIA | Last updated on Jan 2, 2018
The GST provision requiring transporters to carry an electronic waybill or e-way bill when moving goods between states will be implemente...
GST Returns Deadline Extended Till January 10
News & FAQs | By ALOK PATNIA | Last updated on Dec 30, 2017
The government has extended by 10 days the last date for filing of final sales return GSTR-1 till January 10 under the Goods and Services...
Centre releases Rs 24,500 crore to compensate states post GST
News & FAQs | By ALOK PATNIA | Last updated on Dec 30, 2017
The revenue loss to states on account of GST implementation was Rs 24,500 crore between July-October and the Centre has released compensa...
Anti-profiteering body gets 169 complaints
News & FAQs | By ALOK PATNIA | Last updated on Dec 30, 2017
The anti-profiteering authority set up to look into complaints of profiteering from the goods and services tax has so far received 169 co...
E-way bill to boost GST compliance
News & FAQs | By ALOK PATNIA | Last updated on Dec 30, 2017
The mandatory implementation of the e-way bill system from February 1 for all inter-State movement of non-exempted goods will help boost ...
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