Gst

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US Commerce Department proposes hefty import curbs on steel, aluminum

Risks may weaken export growth in current fiscal

GST refunds, unless expedited, would be an additional dampener for exporters to sail through in 2018-19 and sustain the almost double-digit growth achieved in the last fiscal.

CBI files charge sheet against GST Commissioner in corruption case

CBI files chargesheet against GST Commissioner in corruption case

The agency in a late night operation on February 2, had arrested two superintendents of the department, one personal staff and 5 private individuals, including the owner of Shishu Soaps, in a late-night operation in Kanpur and Delhi.

E-way bill for intra-state movement of goods: Six more states, next phase from April 20

Electronic way or e-way bill for inter-state movement of goods was launched on April 1, with Karnataka being the sole state to start intra-state e-way bill on the same day.

National Street Theatre Day

National Street Theatre Day: Three young groups vent concerns about the agrarian crisis and politics of hate

In 1989, the year theatre activist Safdar Hashmi was fatally attacked during a street theatre performance in Delhi, his birthday, April 12, was observed as National Street Theatre Day. The Sahmat grounds spilled over with students and audience members of all ages to mark the 30th National Street Theatre Day.

SVU and Prohibition Inspector General of Police Ratna Sanjay confirmed seizure of Rs 40,000 in old currency from the SSP’s Muzaffarpur residence.

States’ finances: Optimistic revenue forecast could hit capex or deficit

Also, the non-tax revenues which states generate on their own are expected to rise at a much faster 18.7 per cent in 2018-19 compared with an increase of 9.2 per cent in 2017-18.

GST: CBIC lays out procedure for inspection of goods under E-way bill

Instructs officials to submit reports within 3 days of intercepting conveyances.

Need GST rationalisation, lower slabs: New CII chief Rakesh Bharti Mittal

In the industry’s court, Mittal said, doing business ethically and transparently was an important objective.

Intra-state e-way bill rollout in five states from April 15 

Intra-state e-way bill to rollout in five states from April 15 

The five states which would form part of the first phase are Andhra Pradesh, Telangana, Gujarat, Kerala and Uttar Pradesh while Karnataka is the only state which had rolled out e-way bill system for intra-state movement of goods from April 1.

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India to grow 7.3 per cent this fiscal, 7.6 per cent in next, predicts Asian Development Bank

The economy grew 6.6 per cent in the last fiscal as it battled the lingering effects of demonetisation in 2016, businesses adjusting to Goods and Services Tax (GST) in 2017, and a subdued agriculture.

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Railway catering services in trains, stations to attract five per cent GST

The Finance Ministry has written to the Railway Board on March 31 about the 5 per cent rate to remove any doubt or uncertainty in the matter.

Govt is on course to achieve fiscal deficit target of 3.5 per cent, says Hasmukh Adhia

Fiscal deficit for April-February had soared to Rs 7.15 lakh crore, which was 120 per cent of the revised estimate for the year.

E-way bill under GST mandatory from April 1

‘E-way bill validity from date transporter fills in details’

In a clarification, the finance ministry said that the validity period of e-way bill will start only after the details in Part-B of Form GST EWB-01 are updated by the transporter for the first time.

Cash crunch: 97% of poll seizures in Karnataka in high-denomination notes

CBIC sanctions Rs 12,639 crore GST refund to exporters

Out of the total Rs 12,639 crore sanctioned to exporters, Rs 7,632 crore is on account of payment of Integrated GST (IGST) on exports under the GST regime, while the rest of the amount of Rs 5,007 crore has been cleared as refunds for input tax credit.

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Hookah bars in Pune booked in GST raids

“Alcoholic drinks are outside the purview of GST. However, some lounges have adopted the modus operandi of charging GST on alcoholic drinks also and not paying that to government exchequer,” said a statement issued by DGGI Pune.

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Congress would bring one GST slab, if voted to power: Rahul Gandhi  

“If you do a five layered GST, you will not have GST, you will have a Gabbar Singh Tax.What it means is there will be extortion and there will be a lot of mischief to decide which bracket what product should go,” Gandhi said