Tag: gst council
GST amnesty scheme: Why taxpayers need an opportunity to correct inadvertent errors
The implementation of GST in India marked the beginning of the transformation of the indirect tax framework in the country. GST laws have evolved at…
GST Appellate Tribunal | Pending Cases: GST Appellate Tribunals: Can it reduce the problem of pending cases?
Since the introduction of GST in July 2017, businesses have been dealing with interpretational and technical challenges resulting in protracted litigation with respect to GST…
e-Invoice GST: E-invoice mandatory for turnover above 10 crore from October 2
The centre has made E-invoicing mandatory for businesses with aggregate turnover exceeding Rs 10 crore from October 1, a move which will further plug in…
gst council: From canteen to medical insurance, GST Council provides much-awaited relief on employee perks
In the last meeting, the GST Council promised to issue clarifications relating to various Input Tax Credit (ITC) issues under GST. Keeping its promise, the…
GST exemptions: States backed removal of GST exemptions: Revenue Secretary Tarun Bajaj
The states had completely backed removing exemptions on many packaged food items, Revenue Secretary Tarun Bajaj said, explaining the case for the levy. He said…
GST rate: Revised GST rates kick-in today; Here is a list of items that’ll get costlier
Consumers may have to shell out more starting July 18 as several goods and services will cost higher with the Goods and Services Tax (GST)…
tax law: How uniformity in tax law made a common national market
One of the major positives of the GST roll-out is the consolidation of over a dozen indirect taxes into a single tax. Also, unlike the…
Draft paper released on changes to GSTR-3B
The Central Board of Indirect Taxes and Customs (CBIC) has released a concept paper, suggesting comprehensive changes in the GSTR-3B – a self-declared summary of…