Tag: GST news

gst registration: Co-working cos, tax experts ask government to simplify GST registration
Posted in Economy

gst registration: Co-working cos, tax experts ask government to simplify GST registration

Co-working operators and tax experts have urged the Centre for a simplified GST registration for firms operating from a shared space. The request comes after…

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Nirmala Sitharaman GST: If states agree, petroleum and gas can be brought under the GST ambit: FM Sitharaman
Posted in Economy

Nirmala Sitharaman GST: If states agree, petroleum and gas can be brought under the GST ambit: FM Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said that should the states agree, petroleum and gas under the ambit of Goods and Services Tax (GST). “Once…

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gst news: From audits to notices, untangling the GST regime for taxpayers
Posted in GST

gst news: From audits to notices, untangling the GST regime for taxpayers

Over the last couple of years, the number of GST audits initiated by the department and notices greeting the taxpayers has significantly gone up. There…

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gst revenue: August GST revenue collection up 28% YoY at Rs 1.44 lakh cr
Posted in GST

gst revenue: August GST revenue collection up 28% YoY at Rs 1.44 lakh cr

The gross GST revenue collected in the month of August 2022 stood at Rs 1,43,612 crore, up 28% on a year-on-year basis, the Finance Ministry…

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GST: From payment for not serving notice period to cheque dishonour, CBIC clears the air
Posted in GST

GST: From payment for not serving notice period to cheque dishonour, CBIC clears the air

With the completion of 5-years since the introduction of GST, the certainty of tax positions and ease of compliances for taxpayers have emerged as key…

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GST News: To tax at 18% or 28%? The GST Conundrum for skill gaming sector
Posted in GST

GST News: To tax at 18% or 28%? The GST Conundrum for skill gaming sector

In August 2022 the Group of Ministers (GoM) will suggest a GST regime for lottery, casino, and gaming businesses. In this article, we discuss the…

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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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Posted in GST

gst news: GST 2.0 may be free of jurisdiction: Vivek Johri, chairman, CBIC

India could consider a significant shift in the Goods and Services Tax (GST) including a jurisdiction-free regime as part of the next set of reforms…

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gst news: 5 years of GST: The irritants that we need to iron out
Posted in GST

gst news: 5 years of GST: The irritants that we need to iron out

The noble intention of GST legislation was to replace multiple indirect taxes into single uniform tax law across the nation so as to relieve tax…

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GST News: GST's half-a-decade journey: Tech usage to plug revenue leaks, Rs 1.3 lakh cr monthly tax 'new normal'
Posted in GST

GST News: GST’s half-a-decade journey: Tech usage to plug revenue leaks, Rs 1.3 lakh cr monthly tax ‘new normal’

India’s biggest tax reform, the Goods and Services Tax (GST), completes its half-a-decade journey on June 30, with many hits and some misses, and also…

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