Page 72 - Gst

A company offering services to branches in other locations will attract GST

Although the tax could be claimed as an input credit by the location receiving the service, it might increase the compliance burden for companies

Wasn't given enough time: GST Network CEO on glitches in the new system

GSTN CEO Prakash Kumar said that the original date for rollout of e-Way Bill was April 1 and preponing it to February "on a whim" was a mistake

Govt modifies due date for filing GST returns from July 2018-March 2019

For businesses with turnover up to Rs 15 million, and who are required to file quarterly returns, the GSTR-1 giving details of outward supplies has to be filed by the last date of the subsequent month

GST compensation of Rs 520 bn paid to states/UTs in 11 months: Govt

Under GST, Centre has to compensate states/UTs for loss of their revenue on account of implementation of the new indirect tax regime

Exporters approach various courts over restrictions under GST regime

Earlier, imports under advance authorisation were subjected to IGST

GST to be slashed on more items if revenue increases, says Piyush Goyal

GST Council has reduced rates on many items and services in the last round, says Goyal

Publishers seek input tax credit for authors under the GST regime

The applicability of RCMs on transactions done through unregistered entities have been deferred

No GST refunds for foreigners as of now as there is no provision: FinMin

The IGST makes provisions for the levy and collection of taxes on inter-state supply of goods or services or both by the Central government

GST Council meet: Shiv Pratap Shukla to lead committee on MSMEs issues

Pilot scheme to test feasibility of cashback on digital payment

Why energy should be in GST

Steep taxes on petrol and diesel add to the cost of economic activity and reduce the Indian economy's competitiveness. The two fuels must be brought under GST's purview

GST slabs may be pared to 3; rates could be 5%,15% and 25%: Sanjeev Sanyal

Sanyal, who was a renowned economist before joining the government, said that after indirect taxes (GST), the government is planning to undertake legal and administrative reforms

IGST cut: Why industry's pitch for import duty hike may be misplaced

Importers pay Integrated GST (IGST) on top of customs duty at the time of importing goods

GST Council may replace 12% and 18% slabs with 14-15% one: Sushil Modi

At present, around 49 countries use a single GST rate, 28 use two rates and four countries, including India, have more

Digital push: You may soon get 'instant cashback' on your GST e-payments

GST Council meet to focus on MSME issues; it is proposed that consumers get instant cashback up to two percentage points for those paying digitally

CBIC issues GST refunds to the tune of Rs 543 billion up to July

By the end of July 31, the total amount of IGST refund claims disposed of stood at Rs 298.29 billion

Cabinet clears changes to GST laws relating to composition scheme, others

The amendments were cleared in a meeting chaired by Prime Minister Narendra Modi, said an official source

GST collections rise to Rs 964.83 bn in July, 6.6 mn GSTR 3B forms filled

The revenue collection figures do not reflect the impact of the recent tax rate cuts on 88 items

Proposed returns process to simplify GST regime, bring relief to taxpayers

Assessees will have to continuously upload invoices and keep track of matching purchase receipts with those of sales to claim input tax credit

GST evasion worth Rs 30 billion detected in 1 year: Govt informs Parliament

As many as 3.67 per cent of the registered tax payers contribute about 79.52 per cent of total tax collected

GST rate cut to weigh on India's fiscal consolidation efforts: Moody's

India's new lower GST rates on consumer goods ranging from footwear to washing machines took effect