Income from property rented out: GST AAR makes an important ruling
In an advance ruling under GST, the Maharashtra AAR has ruled that the amount received under lease rental services for
Admin
June 8, 2022
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GST has not boosted states’ tax collections: Ind Ra
From June this year, the Centre will stop giving states any compensation for tax collection shortfall. GST compensation for a
Admin
May 30, 2022
Taxpayers can now claim refund of IGST on ocean freight: Experts on SC judgement
Taxpayers who have paid GST on ‘Ocean Freight‘ on imported goods will be entitled to claim refunds, following the Supreme
Admin
May 22, 2022
SC rules GST Council’s recommendations are not binding on Centre and states
In a significant verdict, the Supreme Court today ruled that recommendations of the GST Council isn’t binding on Centre and
Admin
May 19, 2022
Group of Ministers agree to levy 28% GST on casino, race course and online gaming
The Group of Ministers (GoM) has agreed to recommend hiking the GST rate on casino, race course and online gaming
Admin
May 18, 2022
CBIC considering extending date for filing GSTR 3B due to technical glitch
The Central Board of Indirect Taxes and Customs (CBIC) is considering a proposal to extension to the due date for
Admin
May 17, 2022
GST 2.0: Ideas to improve indirect taxation
India is set to complete five years since the implementation of the Goods and Service Tax Law. The journey of
Admin
May 6, 2022
Centre denies reports of GST council planning to raise 5% tax slab to 8%
The Central Government has categorically denied the media reports claiming that the Goods and Services Tax (GST) Council is planning
Admin
April 18, 2022
GST Council may do away with 5% rate; move items to 3% & 8% slabs
With most states on board to raise revenue so that they do not have to depend on Centre for compensation,
Admin
April 17, 2022
GST compensation: Some states may get relief package
The Centre may offer a special package to states to tide over financial difficulties as the compensation regime for the
Admin
April 11, 2022
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GST: From payment for not serving notice period to cheque dishonour, CBIC clears the air
With the completion of 5-years since the introduction of GST, the certainty of tax positions and ease of compliances for taxpayers have emerged as key drivers for a robust GST
August 16, 2022
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State GST notices must ensure Document Identification Number
New Delhi: The Supreme Court on Wednesday directed the Goods and Services Tax (GST) Council to issue advisories to all the states to ensure mention of Document Identification Number (DIN)
August 3, 2022
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E-invoice mandatory for turnover above 10 crore from October 2
The centre has made E-invoicing mandatory for businesses with aggregate turnover exceeding Rs 10 crore from October 1, a move which will further plug in revenue leakage and will ensure
August 2, 2022
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