![]() | Former Karnataka CM Siddaramaiah seeks GST exemption on newspaper printing paperThe cost of one ton of imported printing paper was $300 or Rs 23,000 before the pandemic, and it has reached about Rs 55,000-Rs 60,000 now. |
![]() | GST: Ministers' panel yet to take a view on rate rationalisationThe group was asked to review the exempt goods to expand the tax base, suggest changes to simplify the rate structure and garner the required resources. |
![]() | Singapore court fines jewellery firm director SGD 104,400 for conspiring with Indian tourists to cheat on GSTThe cases involving Woo Sin Chai from Arthesdam Jewellery and his colleagues were linked to large amounts of GST tourist refunds which were claimed from 2015 to 2016, The Straits Times reported. |
![]() | Many states request GST compensation extension beyond 5 years: FM SitharamanUnder the Goods and Services Tax (GST) law, states were guaranteed to be compensated bi-monthly for any loss of revenue in the first five years of GST implementation from July 1, 2017. |
![]() | Now, movie outing to cost more in TelanganaGoods and Services Tax (GST) is applicable on these prices. In June 2017, GO 75 was issued increasing ticket rates in various classes of cinema theatres. |
![]() | Odisha posts record 64 per cent higher GST collection in NovemberGrowth is the result of increase in collection from automobile, mining and manufacturing sectors, says GST Commissioner |
![]() | GST mop up in November at Rs 1.31 lakh crore, second highest since rolloutThe GST revenues for the month of November 2021, are 25 per cent higher than November 2020, and 27 per cent higher over November 2019. |
![]() | GST mop-up at Rs 1.3 lakh crore in October, second highest so farApart from the recovery in demand backed by the festive sales, the government also attributed growth in GST to improved compliance level. |
![]() | GST surges to Rs 1.30 lakh crore in October; second highest collection since launchTax collections last month on goods sold and services rendered was 24 per cent higher than in October 2020, and up 36 per cent over 2019-20. |
![]() | EXPLAINER | India's tax crisis: Why GST needs rationalisation?When the GST was implemented in 2017, there were over 200 items which were in the 28% tax slab, but subsequently the rates on many of these items were cut to 18% or less. |
![]() | Come September 1, non-filers of 2 monthly GST returns to be barred from filing GSTR-1For taxpayers filing quarterly return, GSTR-1 filing would be restricted if he has not furnished the return in Form GSTR-3B for preceding tax period. |
![]() | No GST on canteen charges recovered from employees: AAR"GST, at the hands of the applicant, is not leviable on the amount representing the employees' portion of canteen charges," the AAR said. |
![]() | GST systematically flawed, there is lot of tax leakage: Kerala Finance Minister KN BalagopalKN Balagopal worried that while there is growth in overall consumption and production and thus an overall jump in tax collection, there is no commensurate growth in tax collection for the states. |
![]() | Businesses can now self-certify GST annual returns, instead of mandatory audit by CATaxpayers with aggregate turnover of a financial year exceeding Rs 5 crore would furnish a self-certified reconciliation statement along with the annual return, instead of a CA certified statement. |
![]() | PM Narendra Modi congratulates India on GST anniversaryThe PM also shared a poster on "One Year of GST" which listed down the achievements of the One Nation, One Tax. |
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