Goods And Services Tax

Result: 1- 8 out of 195 Article found

GST Consumer Welfare Fund can be given as grant to Centre, states: CBIC

In a notification, the CBIC said that the Government shall constitute a Standing Committee with a Chairman, a Vice-Chairman, a Member Secretary and such other members for managing the fund and making recommendations pertaining to usage of its proceeds.

GoM finalises third ‘fusion’ model for GST return filing

The GST Council, headed by Finance Minister Arun Jaitley and comprising state counterparts, had last month discussed two models of GST returns and suggested that the GoM would discuss further simplification.

First order on GST anti-profiteering: NAA says car dealer complied with norms

Section 171 of the CGST Act provides that any reduction in the rate of tax on supply of goods or services, or the benefit of input tax credit, shall be passed on to the recipient (consumer) by way of a commensurate reduction in prices.

Impeachment motion filed on 'untenable grounds' to intimidate judges: Arun Jaitley

Taxpayers can complete filing transitional credit form by April 30: Finance Ministry

If needed, GSTN may request field formations of the Centre and states to collect additional document and data etc or verify the same to identify taxpayers, who should be allowed this procedure, the finance ministry said.

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Deadline for claiming transitional credit extended, April-June GSTR-1 dates notified

“This extension is expected to bring substantial relief to traders who were struggling with system issues for filing the said form,” EY Partner Abhishek Jain said.

gst, gst returns, tax returns, goods and services tax, indian express

February GST mop-up at Rs 85,174 crore; 69 per cent taxpayers file returns

The e-way bill is being touted as an anti-evasion measure that would help boost tax collections by clamping down on tax evasion.

The GST Council, headed by Finance Minister Arun Jaitley and comprising his state counterparts, had in its meeting on March 10 decided on e-way bill roll-out and extension of GSTR-3B filing facility.

200 days of GST: ‘Need to prune highest tax rate to around 20-22 per cent’

The GST suffers due to ambiguities and loopholes that came to light only after its implementation.

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GST: Tax officials make first arrest

The arrest has been approved by Commissioner, Mumbai Central, K N Raghavan and executed by Additional Commissioner Manpreet Arora, Assistant Commissioner Anand Gokhle and Superintendent Parecha.

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January GST collection declines to Rs 86,318 crore

This was even as over 1 crore businesses are now registered for GST ( just over 87 lakh taxpayers are required to file the monthly returns).

clarification for Long Term Capital Gains (LTCG) tax

Single GST rate not possible, reform after compliance improves: Arun Jaitley

Arun Jaitley also said that a single rate cannot work at the moment and that there has to be a differential rate structure under GST in a country like India where there is economic disparity.

gst, gst returns, tax returns, goods and services tax, indian express

Seven months after GST rollout: Time for handholding over, Centre to intensify efforts to curb tax evasion

Genuine mistakes can be sorted out by discussion, but no place for deliberate evasion: CBEC chief

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GST roll-out, delays led to capital constraints for firms: RBI

The study indicates that a short-term liquidity shock impacted firms in the export sector, with the firms with high working capital/sales ratio hit the most due to the liquidity constraints.

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E-way bill, under GST, mandatory from today

Under the e-way bill system in GST, every inter-state movement of goods with a value of over Rs 50,000 and being moved beyond 10 km, the transporter will have to generate an electronic bill on the designated portal.

Budget 2018: Health sub-centres gear up for bigger role in preventive care

What the Union Budget must bring

It must increase rural investment, rationalise GST, income and corporate taxes to improve incomes and create jobs.

Arun Jaitley GST Council meeting

After rate cut and dip in two months, GST collections up in December

Total collections under the Goods and Services Tax (GST) in November had slipped for the second straight month to Rs 80,808 crore, from over Rs 83,000 crore in October.