Stern action if GST returns are not filed, warns Chief Commissioner - The Hindu

Stern action if GST returns are not filed, warns Chief Commissioner  The Hindu

Taxpayers should file their GST returns for 2017-18 by August 31 and failure to do so will attract very severe consequences, including hefty penalty, Chief ...

- Fri, 16 Aug 2019 20:08:09 GMT

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GST: Has CAG report taken all facts into account? - BusinessLine

GST: Has CAG report taken all facts into account?  BusinessLine

The Comptroller and Auditor General (CAG)'s report on Goods and Services Tax (GST) has raised many concerns. But it seems that the government auditor has ...

- Mon, 12 Aug 2019 02:56:17 GMT

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80% Visakhapatnam traders yet to file GST returns - Times of India

80% Visakhapatnam traders yet to file GST returns  Times of India

VISAKHAPATNAM: With the August 31 deadline for filing central goods and *service* tax (CGST) returns only a fortnight away, CGST officials are in a fix as 80 per ...

- Sat, 17 Aug 2019 16:35:00 GMT

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CBIC looks for public feedback to curb GST evasion by etailers - Economic Times

CBIC looks for public feedback to curb GST evasion by etailers  Economic Times

The government has already sought suggestions internally on how to curb duty evasion.

- Wed, 14 Aug 2019 04:32:00 GMT

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North eastern states witness over 30% growth in Apr-Jul GST collection - Economic Times

North eastern states witness over 30% growth in Apr-Jul GST collection  Economic Times

North eastern states registered over 30 per cent growth in GST collection during the first four months of the current fiscal 2019-20, much more than the increase ...

- Thu, 15 Aug 2019 09:23:00 GMT

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GST rate cut for auto sector unlikely - The Financial Express

GST rate cut for auto sector unlikely  The Financial Express

This had led to only 30 items remaining in the highest slab of 28% from the original list of as many as 235.

- Fri, 16 Aug 2019 20:03:21 GMT

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GST Council to meet on September 20 in Goa - Moneycontrol.com

GST Council to meet on September 20 in Goa  Moneycontrol.com

The Goods and Services Tax (GST) Council is likely to meet next on September 20 in Goa, a senior government official told Moneycontrol. "The agenda hasn't ...

- Wed, 14 Aug 2019 11:41:00 GMT

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2 years after roll-out, GST glitches still exist, says CAG report - Business Standard

2 years after roll-out, GST glitches still exist, says CAG report  Business Standard

The Comptroller and Auditor General of India (CAG) has pointed out lacunae in the goods and services tax (GST) regime, saying that system-validated input tax ...

- Tue, 30 Jul 2019 07:00:00 GMT

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Only about 15% of taxpayers have filed GST Returns, low numbers worry CBIC chief - Economic Times

Only about 15% of taxpayers have filed GST Returns, low numbers worry CBIC chief  Economic Times

With the last date to file GST Annual Return and GST Audit report fast approaching, a complex filing process and numerous data requirement has meant very few ...

- Fri, 09 Aug 2019 05:42:00 GMT

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Poorer states leave industrialised peers behind in GST collection rates: Report - Moneycontrol

Poorer states leave industrialised peers behind in GST collection rates: Report  Moneycontrol

Heartland states such as Bihar, Uttar Pradesh, Madhya Pradesh and Odisha showed improved performance in goods and services tax (GST) collection for 2019, ...

- Tue, 13 Aug 2019 08:06:00 GMT

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Decisions Of The 35 GST Council Meeting - Tax - India - Mondaq News Alerts

Decisions Of The 35 GST Council Meeting - Tax - India  Mondaq News Alerts

The GST Council has extended the due dates of GST Annual Return (GSTR-9) and GST Audit (GSTR-9C) for the financial year 2017-18 to 31 August 2019.

- Wed, 14 Aug 2019 07:28:23 GMT

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‘GST cut alone will boost auto industry’ - The New Indian Express

‘GST cut alone will boost auto industry’  The New Indian Express

Auto-makers say GST cut for only the component makers will not revive the sector, the tax rate must be reduced for automobile manufacturers as well.

- Sat, 17 Aug 2019 00:47:00 GMT

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Taxmann.com releases tool to find GST rate applicable on different dates - Business Standard

Taxmann.com releases tool to find GST rate applicable on different dates  Business Standard

Taxmann.com, a research website for tax and corporate laws, has lanched a new tool to fine the goods and services tax (GST) rates applicable on different dates ...

- Sat, 10 Aug 2019 08:43:00 GMT

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GST collection grows 5.8% in July to ₹1.02 trillion - Livemint

GST collection grows 5.8% in July to ₹1.02 trillion  Livemint

NEW DELHI: Central and state governments have collected Rs. 1,02,083 crore from Goods and Services Tax (GST) in July, 5.8% more than what they mopped ...

- Thu, 01 Aug 2019 07:00:00 GMT

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Firms may get to raise prices after transferring GST cuts - Moneycontrol

Firms may get to raise prices after transferring GST cuts  Moneycontrol

NEW DELHI: Companies are free to raise prices of products and services as per their business cycle without fear of getting caught in the anti-profiteering ...

- Mon, 05 Aug 2019 07:00:00 GMT

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Tax boost for EVs, GST slashed to 5% from 12% - Economic Times

Tax boost for EVs, GST slashed to 5% from 12%  Economic Times

The GST Council slashed the tax on EVs to 5 per cent from 12 per cent effective August 1, 2019.

- Sat, 27 Jul 2019 07:00:00 GMT

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Monthly GST collections below potential amid economic slowdown - Business Today

Monthly GST collections below potential amid economic slowdown  Business Today

Goods and services tax (GST) collections breached the Rs 1-lakh crore mark in July 2019 at a time when debate on the economic slowdown is flaring up.

- Sat, 03 Aug 2019 07:00:00 GMT

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GST on discounts puts retailers in a spot - Livemint

GST on discounts puts retailers in a spot  Livemint

The 28 June circular from CBIC was an effort to clarify the applicability of taxes on what is called secondary or post-sale discounts.Tax on discounts has been an ...

- Tue, 06 Aug 2019 07:00:00 GMT

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Mood of the Nation poll: 61% say GST need to be simplified further - India Today

Mood of the Nation poll: 61% say GST need to be simplified further  India Today

28 per cent of the respondents said they had gained from GST implementation. - Issue Date: Aug 26, 2019.

- Fri, 16 Aug 2019 08:25:00 GMT

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GST cut, road tax revision to have positive impact on auto industry: Anand Mahindra - Livemint

GST cut, road tax revision to have positive impact on auto industry: Anand Mahindra  Livemint

Mumbai: Anand Mahindra, chairman Mahindra & Mahindra (M&M), has urged the government to take a few short-term measures for reviving the automotive ...

- Wed, 07 Aug 2019 12:39:02 GMT

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GST Council may discuss rate cut for auto - The Hindu

GST Council may discuss rate cut for auto  The Hindu

The government is likely todebate lowering the rates on certain categories of automobiles in the next GST Council meeting, according to a Finance Ministry ...

- Tue, 13 Aug 2019 16:33:24 GMT

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Now, interest to apply only on net cash liability of unpaid GST - Economic Times

Now, interest to apply only on net cash liability of unpaid GST  Economic Times

By Archit Gupta The Union Budget 2019 has provided relief to GST-registered taxpayers with several new updates. One such amendment relates to the interest ...

- Wed, 24 Jul 2019 07:00:00 GMT

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Centre may tweak GST structure for startups, refunds to get easier - The New Indian Express

Centre may tweak GST structure for startups, refunds to get easier  The New Indian Express

Published: 17th August 2019 10:25 AM | Last Updated: 17th August 2019 10:25 AM | A+A A-. GST. For representational purposes. By Express News *Service*.

- Sat, 17 Aug 2019 04:55:00 GMT

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No GST relief likely for auto sector: Report - Moneycontrol

No GST relief likely for auto sector: Report  Moneycontrol

Automobile companies, who were banking on a Goods & *Service* Tax (GST) cut to bail them out from the slowdown that has gripped the sector, are likely to be ...

- Mon, 12 Aug 2019 10:48:00 GMT

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Coaching centres demand lower GST rate - Livemint

Coaching centres demand lower GST rate  Livemint

Coaching centres have demanded that the GST Council should scrap the 18% GST rate or reduce it to the lowest GST slab.Owners of coaching centres met ...

- Fri, 26 Jul 2019 07:00:00 GMT

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18% GST on flat owners on monthly RWA fee of over Rs 7,500: Govt - Business Standard

18% GST on flat owners on monthly RWA fee of over Rs 7,500: Govt  Business Standard

Flat owners will pay 18 per cent GST if their monthly maintenance fees to resident welfare associations (RWA) is more than Rs 7,500, said the Finance Ministry ...

- Mon, 22 Jul 2019 07:00:00 GMT

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GST Council meet on July 25, likely to consider lowering rate on EVs - BusinessLine

GST Council meet on July 25, likely to consider lowering rate on EVs  BusinessLine

The Goods and Services Tax Council, which will meet on July 25, is expected to consider lowering of the GST rate on e-vehicles, besides other issues.

- Sun, 21 Jul 2019 07:00:00 GMT

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Introspect on GST: The CAG report flags the impact of an imperfect GST Network - BusinessLine

Introspect on GST: The CAG report flags the impact of an imperfect GST Network  BusinessLine

Small businesses still suffer overheads on account of GST compliance.

- Tue, 06 Aug 2019 07:00:00 GMT

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Auto industry to FM: Bring down GST, raise depreciation rate - BusinessLine

Auto industry to FM: Bring down GST, raise depreciation rate  BusinessLine

Representatives of the automobile industry, who met Finance Minister Nirmala Sitharaman on Wednesday, have sought a lower Goods & Services Tax (GST) ...

- Wed, 07 Aug 2019 15:19:40 GMT

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18% GST likely on back-end IT services as they dont qualify as export - Business Standard

18% GST likely on back-end IT services as they dont qualify as export  Business Standard

Read more about 18% GST likely on back-end IT services as they don't qualify as export on Business Standard. The move will have consequences for *service* ...

- Sat, 20 Jul 2019 07:00:00 GMT

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GST Council meeting today: From EVs to lottery, what's on agenda - Livemint

GST Council meeting today: From EVs to lottery, what's on agenda  Livemint

Manufacturing of electric vehicles will get another boost if GST rates are cut in the GST Council meeting today.The GST Council is also expected to take up the ...

- Thu, 25 Jul 2019 07:00:00 GMT

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GSTN releases offline tool of new GST return for trial run - Moneycontrol

GSTN releases offline tool of new GST return for trial run  Moneycontrol

Goods and Services Tax Network (GSTN) on July 30 released trial version of offline tools of GST forms related to supply of goods and services. The offline tools ...

- Tue, 30 Jul 2019 07:00:00 GMT

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Govt unlikely to offer GST concessions to auto firms - Times of India

Govt unlikely to offer GST concessions to auto firms  Times of India

NEW DELHI: The government is unlikely to offer goods and services tax (GST) concessions to the auto sector as it believes that companies have been slow in ...

- Sat, 10 Aug 2019 20:47:28 GMT

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Govt to remove friction points in growth, but wont lower GST: Report - Business Standard

Govt to remove friction points in growth, but wont lower GST: Report  Business Standard

The government is working on a set of measures to remove friction points in the economy with a view to ensuring easy availability of funds to productive sectors ...

- Sun, 11 Aug 2019 08:35:00 GMT

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Pure term plan attracts 18% GST while Return of Premium term plan 4.5%: Which one to buy? - The Financial Express

Pure term plan attracts 18% GST while Return of Premium term plan 4.5%: Which one to buy?  The Financial Express

A pure term insurance plan ensures that the death benefit in the form of sum assured is paid to the nominees if the life insured dies within the policy term.

- Fri, 16 Aug 2019 05:34:41 GMT

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State GST Act will continue in Jammu & Kashmir for the time being: Experts - Business Standard

State GST Act will continue in Jammu & Kashmir for the time being: Experts  Business Standard

The state goods and services tax (GST) will continue, says the Jammu and Kashmir reorganisation legislation, but according to officials and experts, it would be ...

- Thu, 08 Aug 2019 07:00:00 GMT

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Auto sector crisis: GST cut for a short period will kick start industry, says SIAM - Moneycontrol

Auto sector crisis: GST cut for a short period will kick start industry, says SIAM  Moneycontrol

The country's domestic passenger vehicle sales fell for the ninth straight month in July, the auto industry body Society of Indian Automobile Manufacturers (SIAM) ...

- Wed, 14 Aug 2019 17:19:00 GMT

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80% of taxpayers fail to file GST returns for FY18; deadline extended till August 31 - Moneycontrol

80% of taxpayers fail to file GST returns for FY18; deadline extended till August 31  Moneycontrol

Only 19.3 lakh out of the 90 lakh taxpayers, who had to file their GST returns (forms 9, 9A and 9C) have done so by the August 3 deadline, reports The Times of ...

- Fri, 09 Aug 2019 07:00:00 GMT

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No GST invoice required if goods taken abroad for exhibition are brought back in 6 months - Livemint

No GST invoice required if goods taken abroad for exhibition are brought back in 6 months  Livemint

NEW DELHI: The Finance Ministry on Monday said entities taking goods abroad for exhibitions or other export promotion events will not have to generate tax ...

- Mon, 22 Jul 2019 07:00:00 GMT

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EIH Q1 profit hit by slowdown, high GST - Economic Times

EIH Q1 profit hit by slowdown, high GST  Economic Times

EIH, which comes under The Oberoi Group, said it has Rs 84.5 crore dues from Jet Airways.

- Wed, 14 Aug 2019 14:45:00 GMT

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‘GST is no longer a dampener for the housing sector’ - BusinessLine

‘GST is no longer a dampener for the housing sector’  BusinessLine

The Budget proposals are a clear positive for the housing sector, especially the affordable home category. I see this as a solid growth segment, and is currently ...

- Mon, 12 Aug 2019 15:05:07 GMT

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Auto slowdown: Rajiv Bajaj for GST cut closer to BS-VI, Pawan Goenka wants it now - Economic Times

Auto slowdown: Rajiv Bajaj for GST cut closer to BS-VI, Pawan Goenka wants it now  Economic Times

While automobile industry clamours for a cut in GST, differences have now arisen over when it should be done.

- Fri, 09 Aug 2019 03:11:00 GMT

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Reliance Industries highest GST payer at Rs 67,000 crore, says Mukesh Ambani - India Today

Reliance Industries highest GST payer at Rs 67,000 crore, says Mukesh Ambani  India Today

Speaking at the Annual General Meeting (AGM) of Reliance Industries Limited (RIL), Mukesh Ambani made the announcement on Monday.

- Mon, 12 Aug 2019 06:10:00 GMT

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Opinion | Redefinition of affordable housing, GST rate cut can boost real estate - Livemint

Opinion | Redefinition of affordable housing, GST rate cut can boost real estate  Livemint

Under GST rules, sale of a ready-to-move-in residential or commercial property is not considered a supply of a good or *service*.

- Mon, 29 Jul 2019 07:00:00 GMT

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Cheque-bounce charge to attract GST, rules AAAR - BusinessLine

Cheque-bounce charge to attract GST, rules AAAR  BusinessLine

Charges levied in case of cheque bounce will attract Goods & Services Tax (GST), says a ruling by Maharashtra's Appellate Authority for Advance Ruling ...

- Wed, 31 Jul 2019 07:00:00 GMT

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GST payers warned against relying on unscrupulous consultants - BusinessLine

GST payers warned against relying on unscrupulous consultants  BusinessLine

The Divisional officer of CGST Commissionerate in Coimbatore has nabbed a tax consultant for allegedly defrauding the department of ₹36 lakh.The consultant ...

- Mon, 29 Jul 2019 07:00:00 GMT

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Shot in arm for BPOs: No GST on select services - Economic Times

Shot in arm for BPOs: No GST on select services  Economic Times

NEW DELHI: The government said select business process outsourcing (BPO) services will qualify as exports and therefore won't be subject to goods and ...

- Sat, 20 Jul 2019 07:00:00 GMT

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Implementation Of The Decisions Made In The 35th GST Council Meeting, Clarifications Issued, And Other Key Updates - Tax - India - Mondaq News Alerts

Implementation Of The Decisions Made In The 35th GST Council Meeting, Clarifications Issued, And Other Key Updates - Tax - India  Mondaq News Alerts

The government has issued various notifications and circulars to implement the decisions taken in the 35th GST Council meeting held on 21 June 2019.

- Wed, 14 Aug 2019 05:29:13 GMT

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TV panel sales dip; manufacturers ask government to lower GST - Business Today

TV panel sales dip; manufacturers ask government to lower GST  Business Today

Following some initial surge in demand during the ICC World Cup, TV panel sales have again witnessed a decline and manufacturers are now asking the ...

- Sun, 11 Aug 2019 12:25:00 GMT

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GST watchdog detects invoice fraud to the tune of ₹7,600 crore - Livemint

GST watchdog detects invoice fraud to the tune of ₹7,600 crore  Livemint

NEW DELHI: The Directorate General of GST Intelligence (DGGSTI), an arm of the indirect tax administration, has unearthed a racket involving 90 firms which ...

- Fri, 19 Jul 2019 07:00:00 GMT

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Slowdown Blues: Auto industry unanimous on its demand for GST cut to 18%, says SIAM - Business Today

Slowdown Blues: Auto industry unanimous on its demand for GST cut to 18%, says SIAM  Business Today

The auto industry says all stakeholders have unanimously sought a reduction in Goods and Services Tax (GST) to 18 per cent from 28 per cent due to a major ...

- Fri, 09 Aug 2019 09:18:00 GMT

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Auto industry demands govt intervention and asks for an immediate cut in GST - Economic Times

Auto industry demands govt intervention and asks for an immediate cut in GST  Economic Times

Passenger vehicle sales dropped by a whopping 30.98% to 200790 units in July as weak consumer sentiments hit demand. As per data available with industry ...

- Tue, 13 Aug 2019 17:05:00 GMT

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GSTN releases e-invoice format, seeks comment from stakeholders - BusinessLine

GSTN releases e-invoice format, seeks comment from stakeholders  BusinessLine

The Goods and Services Tax Network (GSTN) has sought stakeholders' comments on the new e-invoice format, which will be effective January 2020, and will be ...

- Wed, 14 Aug 2019 13:37:47 GMT

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GST goes bananas - BusinessLine

GST goes bananas  BusinessLine

Actor Rahul Bose created quite a stir last week when he posted on Twitter photos of a bill for two bananas issued by the Marriott Hotel in Chandigarh. The selling ...

- Tue, 30 Jul 2019 07:00:00 GMT

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Pay up interest for delay in paying GST refunds: Gujarat High Court - Business Standard

Pay up interest for delay in paying GST refunds: Gujarat High Court  Business Standard

Read more about Pay up interest for delay in paying GST refunds: Gujarat High Court on Business Standard. Saraf Natural Stone, a partnership firm, had filed a ...

- Mon, 05 Aug 2019 07:00:00 GMT

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Kerala flood cess, GST cut on EVs, Hyundai price hike from today - Livemint

Kerala flood cess, GST cut on EVs, Hyundai price hike from today  Livemint

From Kerala flood cess to lower goods and services tax (GST) on electric vehicles (EVs) to price hike of Hyundai models. A number of changes will be effective ...

- Thu, 01 Aug 2019 07:00:00 GMT

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Impact of Real-Time Invoicing Under the New GST Return System - Outlook India

Impact of Real-Time Invoicing Under the New GST Return System  Outlook India

We enlist a couple of ways taxpayers can try to enforce vendor compliance.

- Tue, 13 Aug 2019 07:00:00 GMT

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Top 10 GST Softwares on our Radar - IndianWeb2.com

Top 10 GST Softwares on our Radar  IndianWeb2.com

Are manual filings bothering you? Switch to the smarter way with an online GST (Goods & Services Tax) software. Save your research time and go through our ...

- Sun, 18 Aug 2019 05:05:00 GMT

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GST solution brings bonanza for tech firm GoFrugal - BusinessLine

GST solution brings bonanza for tech firm GoFrugal  BusinessLine

The introduction of Goods and Services Tax (GST), which came in to effect in July 2017, has not only transformed the way businesses work but also helped small ...

- Thu, 08 Aug 2019 07:00:00 GMT

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Select BPO services won’t be subject to GST: Government - Economic Times

Select BPO services won’t be subject to GST: Government  Economic Times

NEW DELHI: The government said select business process outsourcing (BPO) services will qualify as exports and therefore won't be subject to goods and ...

- Fri, 19 Jul 2019 07:00:00 GMT

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GST update: Less than a fifth file returns as deadline looms - The Financial Express

GST update: Less than a fifth file returns as deadline looms  The Financial Express

The deadline for filing the annual returns for FY18, the financial year in which the GST was launched (in July 2017), has already seen two extensions, the initial ...

- Sun, 11 Aug 2019 21:45:32 GMT

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Naturopathy, Yoga, Ayurveda qualify as health care, exempt from GST - Economic Times

Naturopathy, Yoga, Ayurveda qualify as health care, exempt from GST  Economic Times

Reiterating that services like Naturopathy, Yoga, Ayurveda fall under health care, a recent Authority of Advance Ruling ('AAR') verdict has provided parity among ...

- Tue, 23 Jul 2019 07:00:00 GMT

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Planning to buy e-vehicle? EV firms trim prices after GST breather - Business Standard

Planning to buy e-vehicle? EV firms trim prices after GST breather  Business Standard

Owning an electric car and two-wheeler will now be easier on the wallet. With a steep reduction in the GST (goods and *service* tax) rate taking effect, ...

- Fri, 02 Aug 2019 07:00:00 GMT

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Do RWAs need to pay GST on society fee? - Livemint

Do RWAs need to pay GST on society fee?  Livemint

RWAs' GST liability depends on annual turnover, maintenance fee.If RWA members contribute less than ₹7500 a month each, the said RWA is exempt from ...

- Wed, 07 Aug 2019 07:00:00 GMT

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Petroleum products should be brought under GST: Dharmendra Pradhan - Daily Pioneer

Petroleum products should be brought under GST: Dharmendra Pradhan  Daily Pioneer

Union Minister for Petroleum and Natural Gas, and Steel Dharmendra Pradhan said the petroleum products should be brought under the GST. In a letter ...

- Sat, 17 Aug 2019 18:31:11 GMT

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Central GST: Fake invoices racket busted - BusinessLine

Central GST: Fake invoices racket busted  BusinessLine

Central GST Delhi North Commissionerate has busted a racket of issuance of fake invoices without actual supply of goods and services. Two individuals – Asrar ...

- Fri, 02 Aug 2019 07:00:00 GMT

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Flat owners to pay 18% GST on the entire maintenance charge - BusinessLine

Flat owners to pay 18% GST on the entire maintenance charge  BusinessLine

Tamil Nadu Authority for Advance Ruling (AAR) had recently issued a notification on the lack of clarity about the amount on which GST (Goods and *Service* Tax) ...

- Fri, 26 Jul 2019 07:00:00 GMT

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PM Modi to take call on GST cut, economic revival package - Times Now

PM Modi to take call on GST cut, economic revival package  Times Now

Prime Minister Narendra Modi will take the final decision on whether the Centre should propose a cut in GST on vehicles in line with revenue considerations.

- Thu, 15 Aug 2019 07:03:44 GMT

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PM holds meet with Sitharaman and officials to weigh booster dose options - Business Standard

PM holds meet with Sitharaman and officials to weigh booster dose options  Business Standard

Prime Minister (PM) Narendra Modi on Thursday met Finance Minister Nirmala Sitharaman and officials of her ministry to find solutions to the economic ...

- Thu, 15 Aug 2019 19:05:00 GMT

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IAF protests Rs 100 crore GST bill on import of aircraft parts - Economic Times

IAF protests Rs 100 crore GST bill on import of aircraft parts  Economic Times

The IAF has asked the DRI to reconsider more than Rs 100 crore of IGST levied on various imported items.

- Mon, 22 Jul 2019 07:00:00 GMT

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Rahul Bose-JW Marriott fiasco: Hotel charging 18% GST on bananas legal, say tax experts - Business Today

Rahul Bose-JW Marriott fiasco: Hotel charging 18% GST on bananas legal, say tax experts  Business Today

Even as everyone is going bananas over JW Marriott in Chandigarh charging Rs 442 for a pair of bananas from actor Rahul Bose, tax experts believe the ...

- Thu, 01 Aug 2019 07:00:00 GMT

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GST trouble: Businesses reporting 20 per cent revenue fall receive notices - The Financial Express

GST trouble: Businesses reporting 20 per cent revenue fall receive notices  The Financial Express

Although the GST system generates a lot of data to track evasion, the absence of a full-fledged return system means that there are areas prone to exploitation ...

- Thu, 08 Aug 2019 07:00:00 GMT

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Co-op society not liable to deduct TDS under GST: AAR - BusinessLine

Co-op society not liable to deduct TDS under GST: AAR  BusinessLine

A co-operative society is not liable to deduct tax at source (TDS) from its vendors for supply of taxable goods and services, Rajasthan's Authority for Advance ...

- Mon, 22 Jul 2019 07:00:00 GMT

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Rahul Bose Episode: JW Marriott Hotel fined Rs 25,000 for levying GST on bananas - Economic Times

Rahul Bose Episode: JW Marriott Hotel fined Rs 25,000 for levying GST on bananas  Economic Times

JW Marriott had charged actor Rahul Bose 18% GST on *fresh* fruits.

- Sat, 27 Jul 2019 07:00:00 GMT

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No GST on gems meant for exhibitions abroad - Economic Times

No GST on gems meant for exhibitions abroad  Economic Times

The gems and jewellery industry has heaved a sigh of relief, as the finance ministry has announced no IGST will be levied on gem and jewellery carried outside ...

- Fri, 19 Jul 2019 07:00:00 GMT

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Banks move court; challenge the government’s Rs 18,000 crore GST charge: Report - Moneycontrol

Banks move court; challenge the government’s Rs 18,000 crore GST charge: Report  Moneycontrol

This is not the first time the financial institutions have tussled with the government over the issue as banks have dodged tax notices regarding *service* taxes and ...

- Tue, 23 Jul 2019 07:00:00 GMT

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Megha Engineering says it is the highest GST payer in Andhra, Telangana - Economic Times

Megha Engineering says it is the highest GST payer in Andhra, Telangana  Economic Times

Megha Engineering and Infrastructures Ltd (Meil) said it has paid more than Rs 3000 crore towards goods and services tax (GST) since the law came into force.

- Sat, 20 Jul 2019 07:00:00 GMT

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Bengaluru: I-T officials raid steel manufacturing companies, misuse of GST found - Times of India

Bengaluru: I-T officials raid steel manufacturing companies, misuse of GST found  Times of India

BENGALURU: The income tax officials have seized Rs four crore after raiding two steel companies and have found unaccounted cash sales. They have also ...

- Wed, 14 Aug 2019 16:39:23 GMT

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305 firms on UT radar in Rs 70 crore GST scam - Times of India

305 firms on UT radar in Rs 70 crore GST scam  Times of India

CHANDIGARH: As many as 305 companies claimed the maximum input tax credit (ITC) under the goods and services tax (GST) in recent years, the UT excise ...

- Tue, 13 Aug 2019 14:06:00 GMT

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Fish meal industry continues indefinite strike for GST exemption - BusinessLine

Fish meal industry continues indefinite strike for GST exemption  BusinessLine

The fish meal industry are up in arms over the decision of goods and services tax (GST) authorities to collect tax from fish meal and related products. They said ...

- Wed, 14 Aug 2019 12:05:51 GMT

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No Arrest on ground of Mere 'Suspicion': Gujarat High Court to GST Dept [Read Order] - taxscan.in

No Arrest on ground of Mere 'Suspicion': Gujarat High Court to GST Dept [Read Order]  taxscan.in

In an assessee-friendly verdict, a two-judge bench of the Gujarat High Court has restricted the Goods and Services Tax (GST) authorities from arresting a.

- Sat, 17 Aug 2019 10:01:00 GMT

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Ather Energy revs up post GST cut - Economic Times

Ather Energy revs up post GST cut  Economic Times

Bengaluru: Electric vehicles manufacturer Ather Energy said it will pass on to customers the entire benefit of reduced taxes, following the government's move to ...

- Tue, 30 Jul 2019 07:00:00 GMT

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UT ranks first in GST return compliance - The Tribune

UT ranks first in GST return compliance  The Tribune

Ramkrishan Upadhyay Tribune News *Service* Chandigarh, August 13. In a major achievement, the UT Excise and the Taxation Department has topped the ...

- Wed, 14 Aug 2019 02:17:00 GMT

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Hyundai, Tata slash prices of EVs to pass reduced GST benefits - Livemint

Hyundai, Tata slash prices of EVs to pass reduced GST benefits  Livemint

New Delhi: Hyundai Motor India on Friday said it has reduced price of Kona EV by around ₹1.58 lakh in order to pass the benefit of reduced GST on such ...

- Fri, 02 Aug 2019 07:00:00 GMT

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Transporters’ bodies put on hold buying new trucks due to high GST rate - The Hindu

Transporters’ bodies put on hold buying new trucks due to high GST rate  The Hindu

Two major transport industry bodies have lashed out at the government saying the current policies are hurting the sector and making the business environment ...

- Sun, 11 Aug 2019 09:26:42 GMT

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Tamil Nadu: New industrial policy to suit GST regime on the anvil - BusinessLine

Tamil Nadu: New industrial policy to suit GST regime on the anvil  BusinessLine

The Tamil Nadu government is in the process of formulating a new industrial policy to suit the present tax regime, a top official in the Industries Department said ...

- Fri, 16 Aug 2019 09:49:10 GMT

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GST evasion by e-commerce comapanies: CBIC seeks public feedback - Moneycontrol

GST evasion by e-commerce comapanies: CBIC seeks public feedback  Moneycontrol

The Central Board of Indirect Taxes and Customs (CBIC) is seeking public feedback to keep a check on duty and GST evasion by foreign e-commerce ...

- Wed, 14 Aug 2019 13:09:00 GMT

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GST losses: States want Finance Commission to recommend support for five more years - The Financial Express

GST losses: States want Finance Commission to recommend support for five more years  The Financial Express

States have appealed to the 15th Finance Commission (FC) to recommend extending the time period for which they would be compensated up to 14% revenue ...

- Wed, 14 Aug 2019 22:19:22 GMT

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GST mop up rises marginally to Rs 1.02 lakh crore in July - Economic Times

GST mop up rises marginally to Rs 1.02 lakh crore in July  Economic Times

The July 2019 mop-up was, however, 5.8 per cent higher than the Rs 96483 crore collected in the same month last year.

- Fri, 02 Aug 2019 07:00:00 GMT

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The quest for clean water - BusinessLine

The quest for clean water  BusinessLine

Non-electric filters are apt for rural India. GST on these must go.

- Fri, 16 Aug 2019 02:49:38 GMT

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GST Council to discuss rate cut on vehicles - The New Indian Express

GST Council to discuss rate cut on vehicles  The New Indian Express

The meeting in September will also look into input tax credit for pharma sector, GST hike on premium realty projects.

- Thu, 15 Aug 2019 02:28:00 GMT

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GST: ‘Sub-optimal’ number of returns filed concerns CBIC, suggests outreach programmes to guide taxpayers - The Financial Express

GST: ‘Sub-optimal’ number of returns filed concerns CBIC, suggests outreach programmes to guide taxpayers  The Financial Express

Even as the last date to file GST annual return and reconciliation statements is just around the corner, there aren't many taxpayers who have been able to work ...

- Sun, 11 Aug 2019 07:25:14 GMT

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PM Modi says will extend all possible help to support honest businesses - Business Today

PM Modi says will extend all possible help to support honest businesses  Business Today

Prime Minister Narendra Modi has said he would leave no stone unturned to make India a "best investment destination". He assured that the Centre would ...

- Mon, 12 Aug 2019 04:52:00 GMT

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Part of the business: Maruti says 3,000 temporary jobs cut in slowdown - Business Standard

Part of the business: Maruti says 3,000 temporary jobs cut in slowdown  Business Standard

Maruti Suzuki India hasn't renewed the employment contracts of 3,000 temporary workers because of a slump in the automobile industry, the carmaker's top ...

- Fri, 16 Aug 2019 15:03:00 GMT

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Shrimp feed makers concerned over continuing fish meal industry strike - BusinessLine

Shrimp feed makers concerned over continuing fish meal industry strike  BusinessLine

The industry body seeks exemption from GST which hit the livelihood of jobless and uneducated people.

- Fri, 16 Aug 2019 08:15:33 GMT

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Weak Investment, Slow GST Collections Big Challenges For Indian Economy, Says Goldman Sachs - BloombergQuint

Weak Investment, Slow GST Collections Big Challenges For Indian Economy, Says Goldman Sachs  BloombergQuint

Three-fourths of India GDP growth in the last decade was due to consumption and only one-fourth to investment, says Goldman Sachs' India Chief Economist ...

- Fri, 16 Aug 2019 09:05:18 GMT

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GST refund to be blocked if '80% local employees' rule breached: Maharashtra govt - Moneycontrol

GST refund to be blocked if '80% local employees' rule breached: Maharashtra govt  Moneycontrol

The Maharashtra government would soon issue an order whereby GST refunds would be blocked if an industrial unit fails to submit proof that 80 per cent of its ...

- Thu, 01 Aug 2019 07:00:00 GMT

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GST fraud: 1 man, 90 firms, 173 bank accounts, Rs 7,672 cr worth invoices, Rs 660 cr worth evasion - The Financial Express

GST fraud: 1 man, 90 firms, 173 bank accounts, Rs 7,672 cr worth invoices, Rs 660 cr worth evasion  The Financial Express

In one of the biggest GST frauds unearthed in recent times, the authorities arrested a man for committing fraud worth Rs 660 crore through multiple bogus ...

- Mon, 22 Jul 2019 07:00:00 GMT

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India’s tax administration needs a mindset change: Nirmala Sitharaman - Times of India

India’s tax administration needs a mindset change: Nirmala Sitharaman  Times of India

India Business News: Amid allegations of “tax terrorism”, finance minister Nirmala Sitharaman has sought a mindset change in tax officials while advocating a ...

- Sat, 17 Aug 2019 06:08:00 GMT

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Rahul Bose's expensive banana tweet puts JW Marriott in GST trouble - Business Today

Rahul Bose's expensive banana tweet puts JW Marriott in GST trouble  Business Today

The team visited JW Marriott hotel in Sector 35 a day after the Chandigarh Deputy Commissioner and Excise and Taxation Commissioner Mandip Singh Brar ...

- Fri, 26 Jul 2019 07:00:00 GMT

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Source: Result from Google News on GST