November 7, 2019
In order to protect honest GST taxpayers from any harassment at the hands of tax officials, the Central Board of Indirect Taxes and Customs (CBIC) will start using a unique […]
November 6, 2019
Source: hospitalitybizindia.com In its 37th Meeting, the Goods and Services Tax (GST) Council had announced a reduction in GST rates for hotel room tariffs. This has started showing positive results […]
November 5, 2019
Source: thehindubusinessline.com As a relief for many companies, the Madras High Court has permitted the transition of credit of Education Cess, Secondary/Higher Education Cess, and Krishi Kalyan Cess into the […]
November 4, 2019
Source: pib.gov.in According to the data released by the Ministry of Finance on Friday, the GST collection in October 2019 stood at ₹95,380, a 5.29% decline compared to the same […]
November 1, 2019
Source: The Hindu According to the Finance Ministry, as much as 97% of GST refunds due to MSMEs (Micro, Small and Medium Enterprises) as of August 23 has been paid […]
October 31, 2019
Source: India Express To put an end to the creation of fake invoices under the Goods and Services Tax (GST) regime, the Centre is planning to limit the number of […]
October 30, 2019
Source: Financial Express Earlier this month, the government had notified new rules restricting the refund of input tax credit (ITC) to 20% of the total claimed amount. Many GST registered […]
October 29, 2019
Source: business-standard In line with the government’s assurance that wealth creators would be respected and honest taxpayers would not be harassed, the Central Board of Indirect Taxes and Customs (CBIC) […]
October 25, 2019
Source: Times of India On Thursday, Union Finance Minister Nirmala Sitharaman assured efforts will be made to further simplify the Goods and Services Tax (GST) and expressed hope that it […]
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