One of the reasons for buoyancy in GST collections has been the government’s crackdown on fake invoices and unauthorised availment…
Anti-profiteering provisions under GST have been one of the most hotly debated topics recently. This debate has gained momentum after…
Before the roll out of GST, the US Federal Reserve in a study predicted that an aggregate weighted GST of…
Addressing key areas of discomfort—such as GSTN glitches, readiness of industry, the burden on exports and SMEs—will help smoothen GST’s…
Too many items are in the top-rate basket, and services, like Goods, will be Subject to Multiple rates, but GST…
Recently, the Indian Revenue Service Association wrote a letter to the prime minister, outlining some of their concerns on GST…
While approving the laws, few important changes were proposed. First, a maximum ceiling of GST rates got increased from 14%…
The focus should be to have most products at a standard rate (18%) and reliance on increased consumption, more manufacturing…
Things continue to take place at lightning speed on the GST front.
The proposal for 1% additional tax on inter-state supplies has been scrapped. This is indeed a welcome move and would…
Recently, the draft of the Goods and Services Tax (GST) law was released by the finance ministry. While there are…
