
Automation of tax compliances and introduction of e-invoicing/e-way facility emerged as the most beneficial reforms introduced by the government.
The Parliament and state legislatures possess equal powers to legislate on GST, the Supreme Court said, upholding the judgement of…
There was a thought in some quarters that the slab of 5 per cent may be broken into 3 per…
The Centre’s Budget capex for the next fiscal is pegged at Rs 7.5 trillion, up 36% from the revised estimate…
A delay in the GST slabs recast could have serious implications for state governments’ revenues, since a five-year compensation mechanism…
The requirement that small businesses register under GST if they want to sell online, even when their turnovers are below…
The IBA has also suggested that the quarterly issuance of TDS certificate (Form 16A) should be scrapped now.
“During the initial lockdown easing, the Union Home Ministry was trying to tell us when we could or couldn’t open…
The state government fears that the state’s tax revenues would deteriorate once the five-year guaranteed GST compensation ends in June…
The GST Council must evolve the rules for adjudication in time, lest a solution on resolving disputes itself becomes dispute-ridden
“The constitution of National and other Benches of the appellate tribunal under Section 109 of the CGST Act, 2017 is…
The Finance Ministry in a statement said the amount released is about half of the Rs 1.59 lakh crore that…
Earlier, the fitment panel of the Council had recommended continuation of the process of correcting inverted rate structures that dented…
The GST Council meetings have become “acrimonious, vexing and almost toxic with erosion of mutual trust”, he said.
Given that few states had witnessed their natural growth rates in recent years, it was legitimate to extend the GST…
Although SMBs may not have been initially keen on adopting technology for generating their invoices, with the new mandate in…
The late fee for non-furnishing of GSTR-3B for July 2017 to April 2021 has been capped at Rs 500 per…
The GST return system is still a work in progress despite more than three years of GST rollout, CAG audit…