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50,000 co-op housing societies in Mumbai and suburbs in GST regime
GST & Other Indirect Taxes | By Nikita Agarwal | Last updated on Oct 5, 2017
As the annual collections (turnover) of the 70,000 co-operative housing societies (CHS) in the state, including 50,000 in the Mumbai Metr...
Good News for Petrol and Diesel under GST
GST & Other Indirect Taxes | By Nikita Agarwal | Last updated on Oct 5, 2017
Finally petrol and diesel are out of the ambit of GST. Also, petrol and diesel prices are set to become cheaper under GST regime. Reporte...
Casual taxable persons making taxable supplies of handicraft goods exempted from registration und...
GST & Other Indirect Taxes | By Nikita Agarwal | Last updated on Oct 5, 2017
In exercise of the powers conferred by sub-section (2) of section 23 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Ce...
CBEC Eyes on 162 Businesses who claimed Transitional Credit over 1 Crore
GST & Other Indirect Taxes | By Nikita Agarwal | Last updated on Oct 5, 2017
The companies who claimed GST transitional credit of over Rs 1 crore, as more as 162 companies, are under the eyes of tax authorities for...
GST Panel set by Govt to examine profiteering complaints
GST & Other Indirect Taxes | By Nikita Agarwal | Last updated on Oct 5, 2017
The Government has allowed consumers to file complaints against any irrational profit made by businesses by not passing on cost reduction...
Non – Resident Taxable Person In GST
GST & Other Indirect Taxes | By Nikita Agarwal | Last updated on Oct 5, 2017
Introduction “Non-resident taxable person” means any person who occasionally undertakes transactions involving supply of goods or service...
Goods Transport Agency In GST
GST & Other Indirect Taxes | By Nikita Agarwal | Last updated on Oct 5, 2017
Background of levying tax on the services of Goods Transport Agency The levy of Service Tax on Road Transportation Service has alw...
GST Official booked for taking Bribe
GST & Other Indirect Taxes | By Nikita Agarwal | Last updated on Oct 5, 2017
An official of the GST Department got booked by the CBI for allegedly demanding the bribe from a businessman for processing his applicati...
Non – issuance of GST Refunds Led Exporters to Serious Crisis of Funds
GST & Other Indirect Taxes | By Nikita Agarwal | Last updated on Oct 5, 2017
Non issuance of GST refunds has led to the exporters to a serious crisis of funds as the refunds were promised to be delivered fast but i...
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