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GST Regime

Consulting and services sector urge Centre to revisit GST regime

The consulting and services sector has urged the Centre to re-look at the Goods and Services Tax (GST) collection regime.

Updated On: 07 Feb 2023 | 12:51 PM IST

Five years of GST: Chidambaram to Sitharaman, the people behind the reform

The benefits of GST will positively ensure it to be 'Good and Simple Tax' for citizens of India, says Prime Minister Narendra Modi on the eve of the GST launch

Updated On: 01 Jul 2022 | 9:42 AM IST

GST: What lies ahead for India's most ambitious indirect tax reform?

The continuation of a business-as-usual approach can undermine the GST's ability to either raise revenues for the government or improve the ease of doing business

Updated On: 01 Jul 2022 | 9:41 AM IST

GST council: Kerala to oppose move to bring petrol, diesel under GST regime

Kerala on Thursday said it will vehemently oppose any move to bring petrol and diesel under the GST regime as that will further reduce revenue generation for the state

Updated On: 16 Sep 2021 | 7:35 PM IST

The importance of EQ over IQ for politicians

Humility, not hubris, should be the middle name of any Indian politician who wants to achieve his goals

Updated On: 01 Jun 2021 | 11:12 PM IST

Contradictory AAR verdicts on CSR under GST regime baffle companies

Recently, the Uttar Pradesh AAR had held that CSR spend by companies is eligible for input tax credit

Updated On: 10 Apr 2021 | 12:36 AM IST

GST regime: Madras HC allows claiming input tax credit on TDS from VAT

The petitioners' counsel submitted that TDS is nothing but tax and the TNVAT Act makes this position clear

Updated On: 18 Mar 2021 | 2:15 AM IST

Natural gas under GST regime likely to benefit tile manufacturers

Cheaper gas prices to reduce power & fuel cost and propel margins, say analysts

Updated On: 25 Feb 2021 | 1:05 AM IST

GST rate rationalisation: The larger objective

Besides merging the rate slabs of 12 per cent and 18 per cent, the GST Council could consider phasing out exemptions to those commodities that were subject to VAT duty by the States

Updated On: 25 Feb 2021 | 12:00 AM IST

GST shortfall: FinMin releases weekly instalment of Rs 6,000 cr to states

This takes the total amount released so far to Rs 95,000 crore

Updated On: 15 Feb 2021 | 8:07 PM IST

Businesses to get fully auto-populated monthly sales return form GSTR-3B

Businesses will now get complete auto-populated monthly sales return form GSTR-3B, GST Network said

Updated On: 13 Dec 2020 | 5:26 PM IST

AAR says GST be imposed on wellness centres depending on services offered

Case, relates to applicant Oswal Industries; authority observes that three types of rooms are offered by the applicant and therapy is strictly on residential basis

Updated On: 15 Sep 2020 | 9:07 PM IST

Gujarat HC allows tax credit on services under GST, signalling help to cos

Court strikes down an explanation Central GST rule, which the central government used to deny claim on input tax credit on services in case of inverted duty structure

Updated On: 03 Aug 2020 | 12:05 PM IST

Two years of GST regime

During the past two years, the government has responded promptly to most representations of the trade

Updated On: 02 Jul 2019 | 10:28 AM IST

After Assam, GST sops to woo investment set for a comeback in other states

The Assam Industries Scheme, 2017, notified on January 19 this year, allows eligible units reimbursement of state GST after utilisation of the input tax credit of available SGST and integrated GST

Updated On: 31 Jan 2018 | 12:01 AM IST

Scope for reducing GST slabs, hints Arun Jaitley

Currently, the GST regime slots items under rates of 5%, 12%, 18% and 28%

Updated On: 02 Oct 2017 | 2:09 AM IST

Only Rs 12,000-cr credit claims valid

GST regime allows tax credit on stock purchased during the previous tax regime

Updated On: 23 Sep 2017 | 1:47 AM IST

Apprehensions on GST proved unfounded: PM Modi

PM Modi reviewed the progress of nine vital infrastructure projects worth over Rs 56,000 crore

Updated On: 30 Aug 2017 | 8:23 PM IST

GST: Composition scheme picks up pace after deadline leeway

About 1 mn traders opt for window under GST regime

Updated On: 21 Aug 2017 | 9:21 AM IST

KCR's accusations on GST not proper: Bandaru Dattatreya

Bandaru Dattatreya asserted that the Centre never resorts to unilateral decisions

Updated On: 06 Aug 2017 | 9:35 PM IST