Tag: service tax

Navigating the evolution of Input Service Distributor under GST
Posted in GST

Navigating the evolution of Input Service Distributor under GST

The concept of Input Service Distributor (“ISD”) has passed through from the Service Tax regime to the GST regime. Despite the concept not being new,…

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gst: Karnataka collected record GST of Rs 6,085 cr in January: CM Bommai
Posted in Economy

gst: Karnataka collected record GST of Rs 6,085 cr in January: CM Bommai

Karnataka made a record Goods and Service Tax collection of Rs 6,085 crore in January this year, Chief Minister Basavaraj Bommai said on Saturday. In…

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GST filings: System error: How automated notices under GST is leading to proliferation of disputes and litigations
Posted in GST

GST filings: System error: How automated notices under GST is leading to proliferation of disputes and litigations

The Goods and Service Tax (GST) has been one of the most complex yet progressive indirect tax reforms implemented in the history of India. The…

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GST Act | Small Businesses: Decriminalisation of GST Act: Why it can be a big reprieve for small businesses in India
Posted in GST

GST Act | Small Businesses: Decriminalisation of GST Act: Why it can be a big reprieve for small businesses in India

The introduction of Goods and Services Tax (GST) was a bold step towards digital transformation of tax administration. GST introduced the concept of uniform tax…

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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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