The overall GST registrations too have crossed 11crore from a level of 60 lakh in late August. Of course, a…
The GST Council in its last meeting exempted home service providers having below `20-lakh turnover from GST registration.
In its 23rd meeting, the GST Council left only 50 items in the highest bracket after it was felt that…
GST Council meet: From 230 items in 28 pct slab, just 50 remain; sin goods, cement still in top slab
Having undergone constant administrative/structural changes and rate revisions since its July launch, it was an overhaul that awaited the goods…
The introduction of ICDS had helped India improve nearly 50 places on ‘ease of paying taxes’ parameter in the World…
Increasing the fear of an unravelling of the exercise of invoices-matching, which is crucial to realising the presumed merits of…
Taxpayers may look forward to more concessions as the Goods and Service Tax (GST) Council meets at Guwahati on November…
A survey by the revenue department has detected multiple reasons for the glaring gap between the number of eligible taxpayers…
Rates to be cut on several items due to review of ‘equivalence principle’ in possibly the broadest rate revision to…
Revenue secretary Hasmukh Adhia speaks about the slow pace of filing of GST returns, the inevitability of invoices-matching, the trend…
Says Rs 8,000 cr given to states for July-August GST revenue deficit; ‘no national-level complaint yet of profiteering.
A quarter of eligible businesses haven’t filed July returns; invoices less than half of estimate.
The highest slab of 28% under the goods and services tax (GST) could be restricted to luxury and sin goods,…
As the government struggles to realise a massive amount of revenue stuck in litigation, the Central Board of Excise and…
Large taxpayers may be asked to file their goods and services tax (GST) returns earlier than others, a move that…
While about Rs 92,300 crore was collected as GST for July till August 20, a similar amount has been paid…
In a ‘litigation management’ meeting last month, the revenue secretary is believed to have asked the CBEC to pay special…
After businesses claimed an unexpectedly high Rs 65,000 crore as input tax credit (ITC) on the goods held before the…
