Tag: itc
Posted in GST
GST Tax: The need to make GST reporting standardised, less cumbersome for taxpayers and administrators
The Goods and Services Tax (GST) has come a long way since its launch in 2017 when it replaced a plethora of Central and State…
Posted in GST
GST India: 5 years of GST: Has it done enough to propel Make in India?
On 1 July 2022, we will reach a new milestone in the indirect tax reform journey. GST, which subsumed most of the erstwhile indirect taxes,…
Posted in GST
Diamond GST News: Government hikes GST for cut & polished diamonds from 0.25% to 1.5%
GST Council, in its 47th meeting held on 28th and 29th June 2022, has come up with revisions in GST rates for a series of…
Posted in GST
GST News: 5 years of GST: A mix of success and work in progress
‘One nation, One market, One tax’ – the driving motto behind the introduction of GST, with effect from 01 July 2017, has brought 1.3mn taxpayers…
Posted in GST
GST Council Meeting Update: GST council gives relief to transport sector, small online businesses
The transportation of goods is likely to be cheaper as the Goods and Services Tax (GST) council on Wednesday gave some relief to the transport…