Page 46 - Gst

GST Network makes annual returns available online for composition dealers

This will enable 1.7 million composition dealers to file their returns on an annual basis with effect from 2019-20

Delhi HC allows Samsonite to deposit GST profiteered sum in six EMIs

Decision taken in view of Covid-19; experts feel this will form a precedent, paving way for more such petitions from companies

Fraudulent IGST claims worth Rs 1,875 crore by risky exporters identified

These people are untraceable and the list includes seven 'star' exporters, government sources said

Sanitisers are disinfectants like soaps, dettol; attract 18% GST: FinMin

Reducing the GST rate on sanitisers and other similar items would lead to an inverted duty structure and put domestic manufacturers at a disadvantage vis-a-vis importers of hand sanitisers

Covid-19: Alcohol-based hand sanitizers to attract 18% GST, rules AAR

Springfields (India) Distilleries had moved Goa AAR over classification of the hand sanitizer and the applicable rate of GST.

Uttarakhand High Court issues notice to Centre on Ashok Leyland's petition

The high court directed the Union government to file a counter affidavit and rejoinder while listing the matter after five weeks for hearing

Fiscal realities: Why govt cannot respond to Covid-19 crisis more fully

The problem is on both revenue and expenditure sides - the former is shrinking in relation to GDP, and the latter is rising despite a sharp drop in petroleum-related subsidy bills - writes T N Ninan

Covid won't deter us from path of speedy GST reforms: Ajay Bhushan Pandey

While not affirming new timelines for the simplified returns forms, Pandey says invoice matching is already happening at the back-end and quarterly payments are allowed for small taxpayers.

Slowdown: Chhattisgarh bucks trend with rise in GST receipts, vehicle sales

State govt credits revival to putting more money in people's pockets

A tentative recovery

Data suggests that the economy is bottoming out

Tranformational tax reform

GST has achieved a lot in three years, but there is an unfinished agenda

The past three years of GST and the road ahead

The journey has been a mixed bag, as several issues remain unresolved: Let's turn back and revisit what GST has attained and it couldn't

Best of BS Opinion: A govt in need of experts, making GST work, and more

Here's a selection of Business Standard Opinion pieces for the day

Making GST work

Only a simpler tax structure will increase compliance

Compensation has become the biggest issue in GST: Sushil Kumar Modi

Modi tells Dilasha Seth that the proposed reforms like simplified return form and e-invoicing facility, among others, will be difficult to push through in the fourth year.

Letter to BS: Hopeful that one day GST will be a 'good and simple tax'

The removal of various central and state value added tax laws, barriers, transaction forms, different rates on one commodity are big achievements

Payment of advance does not create lien over supplier's assets: Expert

Your rights arise only from the contract between you and the supplier, say expert

GST: An unappreciated reform

The cascading effect of taxes owing to crisscross and delinked taxes, which were officially acknowledged but never addressed, is a thing of the past

GST effect: How retail inflation rate changed over the last 3 years

The inflation rate in cigarettes hit double digits during July-March of FY18, but came down in the next two years

Three years of GST: Still a long way to go for 'Good and Simple Tax'

The GST Council is considering market borrowing to give the states the promised compensation for their revenue shortfall