GST on Electricity Bill in India: The indirect tax department has clarified that rent on electricity meter draws goods and service tax (GST), a development which...
On 16 December 2017, The GST Council has decided that the e-way bill under GST should be introduced in a staggered manner from 1 February 2018 and...
The Economic Survey 2018 suggested that India’s economy is picking up quite nicely. The survey which is tabled in the Parliament ahead of the Union Budget...
200 Days Of GST: As Goods and Services Tax (GST) has clocked the 200th day anniversary today, here’s a timeline tracing the important events, success and...
GST Return Filing: The government has extended the deadline for filing of GSTR-1 until January 10, 2018. The GST Council instructed the people who are doing...
On Tuesday, Union Finance Minister Arun Jaitley supported the idea of bringing petroleum products such as petrol, diesel and LPG (cooking gas) under the new Goods...
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...
In India, the last November’s money demonetization had choked the cash-based unorganized retail trade, and now, the Goods and Services Tax (GST) had rewired the retail...
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....