Tag: gst council

gst: GST compensation to some states delayed due to lack of AG certificate: Nirmala Sitharaman
Posted in Economy

gst: GST compensation to some states delayed due to lack of AG certificate: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Monday said GST compensation to some states is delayed due to non-availability of AG’s authenticated certificate, and that Kerala…

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gst: GST Council chaired by FM Nirmala Sitharaman to meet on Feb 18
Posted in Economy

gst: GST Council chaired by FM Nirmala Sitharaman to meet on Feb 18

The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, will meet on February 18. “The 49th meeting of the GST…

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How to resolve mushrooming GST disputes
Posted in GST

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…

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e-Invoice GST: E-invoice mandatory for turnover above 10 crore from October 2
Posted in 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…

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gst council: From canteen to medical insurance, GST Council provides much-awaited relief on employee perks
Posted in GST

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…

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GST exemptions: States backed removal of GST exemptions: Revenue Secretary Tarun Bajaj
Posted in GST

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…

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GST Rate Revised List of goods that will increase in price - INFC E Paper
Posted in GST

GST Rate Revised: List of goods that will increase in price

Consumers may have to fork over more money starting on July 18 as a result of the GST Council’s approval of a rate increase to…

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GST rate: Revised GST rates kick-in today; Here is a list of items that'll get costlier
Posted in GST

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)…

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tax law: How uniformity in tax law made a common national market
Posted in 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…

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Draft paper released on changes to GSTR-3B
Posted in GST

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…

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