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Category: News

GST News – 5 Jun 2017

GST’s new absurdity for import of goods Unfinished agenda to keep GST Council busy till roll-out Odisha seeks exemption of handloom, handicraft from GST GST may initially be a complex tax mechanism to navigate: Vishal Kapoor, IDFC AMC Armed forces canteen to get 50 per cent refund of Goods and Service Tax GST rates for […]

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GST News – 4 Jun 2017

GST: Marathon ends, sprint begins for July 1 roll-out GST rates: Gold to attract 3%, packaged food items 5%, biscuits 18% Centre proposes anti-profiteering rules to GST Council: New agency with powers to summon GST rollout: What will be cheaper or dearer GST rollout from July 1 will have serious problems: Amit Mitra GST July […]

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GST Council clears rules, states agree to July 1 rollout

The GST Council today cleared the pending rules, including transition provisions and returns, with all the states agreeing to July 1 roll out of the Goods and Services Tax. “We were discussing the rules and (they) have been completed. Transition rules have been cleared and everybody has agreed for July 1 roll out,” Kerala Finance […]

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GST News – 3 Jun 2017

Good news for India Inc as GST Council may consider raising input tax credit  Countdown to GST: Council to finalise tax rates of remaining goods on Saturday Consensus at GST Council under test as roll-out date nears GST Council to finalise rates on biscuits, footwear, textiles GST roll-out: Tax refund on stocks without invoice may […]

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GST News – 2 Jun 2017

Industry’s last chance to register for GST Taxmann launches GST filing software One Solution Ahead of GST launch EY launches tax automation tool DigiGST, hosted on Microsoft Azure cloud Guest Column: GST pathbreaking, but may burden unstable startups: Hamid Farooqui, SoGoSurvey New Indirect Tax Regime: Demerits remain, implementation will hold the key to GST success […]

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GST News – 1 Jun 2017

PM Modi to review GST groundwork before final roll out on July 1 West Bengal tops GST enrolment chart at 89.3% so far Delhi Assembly passes GST Bill Anger over GST impact on differently abled Ahead of GST rollout, banks struggle with IT woes Textiles industry wants uniform GST for whole value change GST: Ordinance […]

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GST News – 31 May 2017

Don’t believe rumours, GST roll-out on July 1, says Revenue Secretary Hasmukh Adhia India not ready for GST rollout from 1 July: West Bengal FM Amit Mitra GST spells a hard road ahead for banks GST: Amusement park industry urges lowering of tax rate West Bengal opposed to GST in present form, says Amit Mitra […]

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GST News – 30 May 2017

Revision of rates left to GST Council’s discretion: CBEC Chief Not these GST rates: India Inc pleads govt, requests for a review No room for revising GST rates: CBEC chief CBEC is ready to roll out GST from July 1st: Vanaja N. Sarna, CBEC GST on all solar components at 5%: Revenue Secretary How GST […]

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GST News – 29 May 2017

TV, AC to cost more; smartphones to be cheaper under GST Govt starts Twitter handle to answer queries on GST How will GST impact state revenues? GST Positive For Logistics, Truck Stoppage Time To Reduce By 15-20%: Icra 28% GST? At this rate, India’s movie biz will be a flop show How GST impacts FMCG […]

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GST News – 28 May 2017

GST Reform: Placing services under four rate slabs is a paradigm shift Nagaland Assembly Passes State Goods and Services Tax (GST) Bill As GST approaches, focus shifts to prices, processes GST Bill passed unanimously by Himachal Assembly Himachal House clears GST Bill GST estimated to create 3 lakh new jobs by 2019 Telecom companies need […]

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