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3 mins read
Online gaming industry says 28% GST makes operations unfeasible
The online gaming industry woke up expecting a bad day on Dalal Street after the 50th GST Council a…
3 mins read
India should use calibrated retaliation mechanism to deal with EU's carbon tax, says report
India should positively consider imposing retaliatory customs duties in a calibrated manner on cert…
PTI
2 mins read
GST compensation deadlock continues — government to release ₹20,000 crore cess tonight and offers relief for small companies
The 42nd meeting of the GST Council led by Finance Minister Nirmala Sitharaman stretched over seven…
4 mins read
OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more
With the upcoming change, ITC on an invoice/debit note can be availed by a recipient only when d…
2 mins read
Food items when sold loose won't attract any GST, says Nirmala Sitharaman
Following uproar in the Parliament over GST on food items, Union Finance Minister Nirmala Sitharama…
2 mins read
As curd, paneer and wheat flour turn 5% costlier, retailers worried about 'old stock'
With curd, paneer, unbranded pre-packaged food items like wheat flour and others coming under the G…
3 mins read
Indian taxes on cottage cheese will hit the cottage industry and dairy lovers alike
Paneer and curd-loving Indians and farmers too will be affected by the change in GST laws
2 mins read
Kerala will not levy GST on items sold by cottage industries
Amid growing protest over the imposition of Goods and Services Tax (GST) on essential commodities, …
PTI
2 mins read
Bharat Bandh – over eight crore traders across India shut shop in protest against rising fuel prices and changes in GST rules
Streets across India bore a barren look as traders across the country shut shop on Friday. The trad…
3 mins read
GST Council meet: Most states were opposed to change in slabs, hike in GST
New Delhi, Dec 18 () Most of the states opposed change in slabs or hike in GST during the crucial G…
PTI
2 mins read
Three-tier GST rate structure could be announced as soon as next financial year, says report
The idea is, sources said, to move away from the present broad five rate structure of zero, …
3 mins read
From WhatsApp not working on select models to quarterly GST returns — these are some important changes in India from January 1
In this post, we look at all the changes that will come in effect from January 1, 2021. In a …
4 mins read
Here’s how to avail GST credit if your supplier has not uploaded invoices
This results in either the working capital getting blocked or the entire ITC amount being lost. …
4 mins read
Signs that Modi government wants to bring petrol and diesel under GST – and the reasons why it is difficult
When it was rolled out in 2017, the GST regime brought a wide range of products and almost all s…
2 mins read
A poorly worded GST message freaked people out yesterday – but there’s nothing to worry about
The messages sent out yesterday read something like this: This caused widespread confusion …
2 mins read
No possibility of any change in GST slabs, rates until revenue stabilises: Sushil Modi
New Delhi, Dec 21 () States are not in favour of increasing GST rates at a time when there is a con…
PTI
5 mins read
It’s good that India wants just two GST slabs but it has to ensure it doesn’t hurt consumers
However, experts say that it could also be down to just two slabs, eventually. And the latest mo…
3 mins read
States not choosing GST compensation options by October will have wait another two years
The sources said that such states will have to wait till June 2022 to get compensation dues, sub…
4 mins read
GST Council meet on Thursday to figure out how states will be compensated for delays in payment
"The Council will meet tomorrow with a single-point agenda to discuss the compensation cess. A…
3 mins read
Payment of 1% GST in cash only for 45,000 taxpayers: DoR sources
The government's decision on mandatory payment of at least 1 per cent of GST tax liability in cash …