Page 82 - Gst
Simply junk the entire GST law
The present law threatens to unleash an avalanche of litigation over a period of time
Tax circular raises fear of double IGST
PwC said the circular recognised the possibility of double taxation when goods stored in bonded warehouses were transferred to another person
 "Tax circular raises fear of double IGST")
Rs 50,000 crore of exporters' GST refund stuck
According to the industry, this will reflect in the November export numbers
 "Rs 50,000 crore of exporters' GST refund stuck")
What is time limit under GST for bringing back goods sent to a job worker?
Under the GST regime, goods sent to a job worker should be treated as a supply, as supply includes all forms of supply such as sale, transfer, etc
 "What is time limit under GST for bringing back goods sent to a job worker?")
Restaurants not passing on GST benefits to consumers: Survey
Over 7,000 people voted in this poll
 "Restaurants not passing on GST benefits to consumers: Survey")
ITC, Dabur, HUL, Marico extend benefits of GST rate cut to consumers
Earlier in the day, Dabur India said it has cut prices of existing stocks across categories such as shampoos, skin care and home care by 9%
GST: 10-member panel set up to simplify returns
GST Council had announced forming the committee on Nov 10 to suggest ways for simplification of the returns filing process
4.36 mn businesses file initial GSTR-3B returns for October
3.9 million returns were filed within due date for September and 2.8 million for August and 3.3 million for July
Exporting woes
Govt needs to sort out the GST refund process quickly
Act fast on GST rate cut or face action: Hasmukh Adhia
Finance secretary says onus of passing on the benefits is on companies
 "Act fast on GST rate cut or face action: Hasmukh Adhia")
What is mechanism for amending registration certificate under GST law?
If there is change in any of the particulars furnished in the application for registration, a person is required to file an application within 15 days
20 HC judges, experts brainstorm on areas of conflict, litigation under GST
Deliberations took place at a recent national judicial conference for high court judges on GST regime organised by the Bhopal-based National Judicial Academy
'Not satisfied with GST Council's decision: Manish Sisodia
Higher the rate, the more businesses try to evade taxes
 "'Not satisfied with GST Council's decision: Manish Sisodia")
Cabinet clears setting up of GST anti-profiteering body
Body to ensure benefits of rate reduction passed on to consumers
Tepid GST receipts may not impact fiscal math
All states barring Delhi post revenue losses in October
 "Tepid GST receipts may not impact fiscal math")
Govt exempts biz from GST on advances received for goods supply
The CBEC, through a notification, has now extended this exemption to all businesses, except for those who have opted for composition scheme under the new indirect tax regime
Aadhaar, demonetisation and GST have enhanced transparency, says Jaitley
Jaitley made this comment before a gathering of investors while highlighting various achievements like ease of doing business ranking by the World Bank
 "Aadhaar, demonetisation and GST have enhanced transparency, says Jaitley")
From chocolates to cutlery: 200 items cheaper as GST cuts notified
The government formally notified the lower rates, including on chocolates, waffles, furniture, wristwatches, cutlery, suitcases, ceramic tiles and articles of cement
Beating GST: Retailers surprise with huge y-o-y growth
Future Retail reported Rs 153 crore net profit for the quarter, 108% year-on-year growth
 "Beating GST: Retailers surprise with huge y-o-y growth")
Why 12% GST on sanitary napkins, nothing on bindi & kajal: HC asks Centre
The court also asked whether the price of sanitary napkins has been increased after GST