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Government says to be a vigilant consumer – MRP Is Inclusive Of GST
News & FAQs | By ALOK PATNIA | Last updated on Dec 13, 2017
MRP or Maximum Retail Price of a product – which is the maximum price that can be charged from a consumer – is inclusive of G...
Revise erroneous credit claims under GST by December 27: Government to taxpayers
News & FAQs | By ALOK PATNIA | Last updated on Dec 13, 2017
The government has warned the industry to amend any inflated input tax credit claimed in lieu of taxes paid prior to roll out of goods an...
Tax authorities to press traders to increase GST collections
News & FAQs | By ALOK PATNIA | Last updated on Dec 12, 2017
In the wake of falling GST collection in October, tax authorities are set to tighten the screw on traders and retailers along with ensuri...
CARE Ratings survey says that majority satisfied that GST has been implemented
News & FAQs | By ALOK PATNIA | Last updated on Dec 12, 2017
CARE Ratings has conducted a quick survey to assess the position of various industries post the implementation of GST. It came to conclus...
Package tours likely to get cheaper post tax credits’ review
News & FAQs | By ALOK PATNIA | Last updated on Dec 12, 2017
Package tours could become cheaper as the government is looking at a proposal to allow tax credits to tour operators, which will reduce t...
HC relief for companies on pre-GST credit
News & FAQs | By ALOK PATNIA | Last updated on Dec 12, 2017
The Delhi High Court has given relief to those asking for tax credits on pre-GST stocks lying for more than 12 months. Importers of fast-...
Input Service Distributors can now file GSTR 6 on GST portal
News & FAQs | By ALOK PATNIA | Last updated on Dec 11, 2017
Goods and Services Tax Network (GSTN) today said Input Service Distributors can now file monthly return form GSTR 6 for July to distribu...
Law Review Committee to take final view on GST suggestions
News & FAQs | By ALOK PATNIA | Last updated on Dec 11, 2017
The recommendations of an advisory group on the Goods and Services Tax (GST) have been referred to the Law Review Committee for a final v...
Govt hints at reviewing rates in top GST bracket
News & FAQs | By ALOK PATNIA | Last updated on Dec 11, 2017
After slashing the GST rates of over 200 items last month, the government today hinted at reviewing levies on the items in the top 28 per...
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