Page 74 - Gst

GST Council to discuss ease of filing returns, rate reduction on July 21

Goyal said the Goods and Services Tax (GST) Council had been responsive to industry demands

Jet fuel, natural gas may come under the ambit of GST as early as next week

States charge as much as 30 percent in sales tax on aviation turbine fuel, on top of a 14 percent excise duty, making it the costliest in Asia

GST ministerial panel against sugar cess to compensate cane farmers

GoM feels that after fixing a Minimum Support Price for sugar at Rs 29 a kg, payment arrears due by mills to cane farmers have come down by Rs 50 billion, to Rs 180 billion

CEA Subramanian rules out single rate GST, says 3-slab structure possible

Union Minister Arun Jaitley had dismissed the idea of a single rate GST as "flawed" saying that it can only work in a country where the entire population has 'similar and high' capacity to spend

GST Council to consider rate cut on items with low revenue impact on Jul 21

Several industry bodies and stakeholders have been demanding duty cut on items, especially those linked to general health and employment generation in unorganised sector

46 GST law amendments likely; employers may get to claim input tax credit

Employers might be able to claim input tax credit on food, transport, and insurance

GST panel wants tax incentive of 2% on digital transactions to go

The panel of ministers also noted that the proposal on reverse charge mechanism will be put forth in the upcoming GST Council meeting on July 21

Improving the GST regime: What India can learn from island nation Singapore

Not the city state's single-rate GST structure, but its system of advance announcement of rates deserves emulation

GST ministerial panel puts off two issues; Council to meet on July 21

The panel decided to omit the reverse charge mechanism (RCM) clause from the GST law

Amidst all the hoopla, GST problems remain

In an overall assessment, the problems faced by a section are unlikely to get much attention

Tax on liquor production input: AAR puts ball in GST Council's court

The central government wants to impose the levy; many states are opposed - at least, to the Centre doing so

GST: Ministerial panel favours deferment of sops for digital payments

The recommendations of the ministerial panels will be placed before the GST Council, chaired by the Union Finance Minister and comprising his state counterparts, during its next meeting on July 21

Advance ruling in GST: Classification-related disputes top the list

Till now more than 80 advance rulings have come.If one peruses them, it is apparent that classification-related rulings top the chart with more than 40 rulings

Technology, not people, led to GST disruption, says Hasmukh Adhia

The government understands the need for reducing GST slabs and rates, said Adhia

One year of GST: After teething troubles, GSTN has stabilised, says Pandey

We are working on the final version of the simplified form... It will simplify the life of taxpayers, says GSTN chairman Ajay Bhushan Pandey

GST trails annual tax target; Budget deficit could top 3.5% if trend holds

India needs the revenue to keep its budget deficit in check as Modi prepares to ramp up spending on welfare programs from health to farming before general elections next year

One year of GST: Confusion over mop-up as officials differ on trends

Government does not put out reconciled tax numbers on accrual-basis, making any trend analysis difficult

We must recognise the role of unsung heroes who made GST a reality

When the refunds of exporters got stuck due to mismatches, the CBIC granted many relaxations that helped the field formation team clear substantial backlog

GST turns one: Ease for business or burden on business? We find out

On GST turning one, we find out whether it has met the expectations of businessmen or not?

Milk, Mercedes can't be taxed at single GST rate, says PM Narendra Modi

To criticism that the GST was 'hurriedly implemented', the PM said the government had been responsive, with issues identified and redressed in real time