Senior bureaucrat Badri Narain Sharma was appointed as the chairman of the National Anti-Profiteering Authority under the GST regime. On Tuesday, the members of the Anti-Profiteering...
The Centre announced the Goods and Services Tax (GST) Council’s latest decisions, giving effect to the new GST rates from November 15. The government said all...
IT Raid on VFF: The Goods and Services Tax intelligence team searched actor Vishal’s production office at Vadapalani in Chennai for “not paying” Rs 51 lakh collected...
Over 90 lakh truck drivers will participate in a 2-day all India “Chakka Jam” from this Monday to protest concerns ranging from “disruptive” impact of the...
GST Penalty Effect: A fine of 100,000 percent is something few people would have heard of, or even thought about it. A tradesman in Andhra Pradesh was...
GST on Food: The GST Council stated the confused trade results on applying a tax on branded food items. Even though the Council has not altered the...
The tax collection under GST regime got off to a bumper start with Rs 94,000 crore in July from approximately 44 lakh businesses. In the past week,...
GST on Cars: Big Boy Toyz, a Gurugram-based firm that concentrates in selling used super luxury cars like Lamborghinis, Bentleys, and Ferraris has put its expansion on...
In the first monthly filing of taxes under GST regime, the government has collected about Rs 42,000 crore so far, and it is expected to grow...
Coconut shell dealers are liable to pay the tax of 12 per cent Goods and Services Tax (GST) on desiccated coconut for production and exports, while...
On Wednesday, Finance minister Arun Jaitley told that the Goods and Services tax (GST) should be rationalized to implement the country’s most comprehensive indirect tax reforms...
Revenue authorities declared to go slow in undertaking enforcement actions under GST for the first six months. Due to lack of knowledge in new indirect tax regime,...
On Monday, The Indo-American Chamber of Commerce (IACC) presents few points for the smooth transformation of the Goods and Services Tax into a full-fledged tax structure....
The GST rolled out in India on July 1 and from then all the goods and services transacted in India are grouped under a single HSN code...
GST migration has several challenges in reality. GST accounting entry is one of the major shift we need to undergo. You have no other option but to follow...