Goods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
Goods and Services Tax : Finance Minister Nirmala Sitharamans budget missed crucial GST changes. Discover amendments in GST laws and their impacts for busi...
Goods and Services Tax : Discover the major GST and Customs changes proposed in Budget 2024-25. Key updates include reverse charge GST, assessment procedur...
Goods and Services Tax : Explore the effects of Union Budget 2024-25 on CGST provisions. Detailed analysis of amendments to levy, composition, ITC, recover...
Goods and Services Tax : Explore the concept of "control" under the GST Act, 2017, and understand its implications on related persons' transactions, commer...
Goods and Services Tax : Explore the 53rd GST Council clarification on corporate guarantee valuation, recent Supreme Court decisions, and the impact on GST...
Goods and Services Tax : Explore the July 2024 amendments to Customs Notifications Nos. 29-39 and Explanatory Memorandum to Notification No. 51/2024-Custom...
Goods and Services Tax : Finance Minister lauds GST success, highlights reduced tax incidence, simplified compliance, and eased appeal processes in the Uni...
Goods and Services Tax : Bikaner Tax Consultants Association seeks an extension of the Income Tax Return filing deadline due to ITD portal glitches and iss...
Goods and Services Tax : Explore the need for agriculture reforms, GST implications on mechanized inputs, and government measures to support Indian farmers...
Goods and Services Tax : GST collections have risen steadily each month up to June 2024. No pending dues to states; Bihar and others have raised fiscal sup...
Goods and Services Tax : Read the detailed analysis of Telangana High Court's judgment on Himani Navaratan Oil, Gold Turmeric Ayurvedic Cream, and other pr...
Goods and Services Tax : Gujarat High Court quashes vague show cause notice against KRD Enterprise, highlighting need for detailed grounds in GST registrat...
Goods and Services Tax : Delhi High Court's ruling in Green Polymers Vs Union of India invalidates GST cancellation and restores the petitioner’s GST reg...
Goods and Services Tax : Madras High Court remands case of Sakthi Industries Vs Deputy State Tax Officer-I, citing breach of natural justice. Petitioner al...
Goods and Services Tax : Madras High Court sets aside penalty order for GST non-compliance, allowing Prakash Fabricators & Electricals to contest late fee ...
Goods and Services Tax : Discover the CBIC July 2024 newsletter highlights including NTRS 2024 findings, RoDTEP benefits for SEZs, and a crackdown on gold ...
Goods and Services Tax : Explore the integrated services of NIC-IRP e-invoice-1 and e-invoice-2 portals, launching on July 18th, 2024. Learn about seamless...
Goods and Services Tax : Explore CBIC achievements, updates, and recent cases in the July 2024 newsletter from the Ministry of Finance, Department of Reven...
Goods and Services Tax : GST rates on solar cookers, fire water sprinklers, parts of poultry-keeping machinery, pre-packaged agricultural produce and suppl...
Goods and Services Tax : Latest GST clarifications on services including Indian Railways, RERA, digital payments, insurance schemes, and accommodation serv...
Declaration by a manufacturer of liquor holding License in PLL or CL-I or BRL appended to the relevant Rules made under the Maharashtra Prohibition Act. Declaration by a Wholesaler of liquor holding License in FL-I or CL-II appended to the relevant Rules made under the Maharashtra Prohibition Act
Owing to the federal structure of India, where there are two taxing authorities – the Central Government and the State Government(s), the Country has witnessed overlapping of powers of the State Government(s) and the Central Government.
GST or the Goods and Services Tax is an indirect tax that replace most of the taxes that are imposed on all goods and services (except a few) under a single banner. This is in contrast to the current system, where taxes are levied separately on goods and services.
A new dealer who wants to start business from remote locations may not have facility to apply for registration online. To facilitate such dealers, it was necessary to create e-Service Centers from where the Application for Registration can be filed online
Dr. Hasmukh Adhia, Revenue Secretary, Government of India spells-out the future road-map for the GST roll-out w.e.f. 1st April, 2017. During the interview Dr. Hasmukh Adhia said that the threshold limit for GST would be around Rs. 25 lakhs. Discussions are on with the States on this limit.
The Minister said that the Government is taking several steps to promote the medical devices sector in the country. The inverted duty structure has been set right. Sh. Ananth Kumar said GST will further bring down the taxation in the sector by almost 12 per cent.
In this article, you will get a fair idea of timeline for imposing CGST/SGST on goods/services respectively. Section 12 and section 13 of the act rule point of taxation under GST act.
They say, there is nothing called a free lunch. For argument’s sake, let’s suppose there is. Can that be taxed too? Mr. Legal Eagle is among the top Chartered Accountants of the country, he represents only the who’s – who of the business world.
The dealers which are registered under the MVAT Act, 2002 waited for over 6 months for filing new return form in the Maharashtra VAT Portal and now finally the long awaited new return form was made available for filing of return by the Commissioner of sales tax department of Maharashtra by issuing Trade Circular No 22T dated 26 August 2016 which provides the introduction of new return filing process from 29 August 2016 in the MVAT portal.
The aim is to create a GST with the widest possible base. The GST will replace the plethora of indirect taxes levied on goods with a single levy, which will help create a seamless national market for delivery of goods and services. The proposed GST Law should support the Government’s overall initiative of ease of doing business and offer a simplified tax regime.
