Tag: gst reforms
GST reforms from November 1 to simplify e-commerce seller registration, fast-track refunds
New Delhi: Simplified Goods and Services Tax (GST) registration for small e-commerce sellers, faster refunds and streamlined documentation are among a series of process reforms…
GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEs
For nearly nine years, the GST (Goods and Services Tax) debate has largely revolved around one question: how much tax should businesses pay? The next…
GST must become an economic partnership, not just tax collection tool: CBIC chief Vivek Chaturvedi
GST has emerged as a key instrument in achieving India’s goal of becoming a developed nation by 2047, but tax rate rationalisation alone is not…
Centre & states to draft rules for existing arrest cases under GST
New Delhi: The Centre will work with states to frame a standard operating procedure (SOP) for existing arrest cases and will conduct a quarterly review…
GST officers will soon be allowed to stop vehicles for inspection only at origin & destination states
Goods and Services Tax (GST) officers will be allowed to stop vehicles carrying high-value goods for inspection only at their origin and destination states after…
GST Council bets on faster refunds, lower penalties to ease business burden
The 57th GST Council meeting has shifted focus from rate rationalisation to easing compliance, accelerating refunds, and reducing litigation, tax experts said, while flagging potential…
GST 2.0: Easier multi-state expansion for MSMEs, e-commerce sellers
As India enters its next wave of tax modernization, the 57th GST Council meeting marks a deliberate pivot toward a more technology-driven, trust-based, and business-friendly…
GST reforms: Refunds, wider ITC mark third phase of reform as India targets global supply chains, says PwC’s Pratik Jain
Nearly a decade since its roll out, the historic GST reform moved closer towards a pivotal point of maturity. Over the years, GST has largely…
GST rejig: Credit relief, export push and simpler rules make Diwali come early for industry, says EY’s Bipin Sapra
As the festive season draws near, the industry has much to cheer about and celebrate. The 57th GST council has unleashed a set of bold…
GST reforms: 16 lakh small businesses may get annual return option, easier e-commerce selling
More than 16 lakh small businesses that sell directly to consumers could soon file only one GST return annually with the GST Council’s in-principle nod…