Source: The Times of India Many caterers and hoteliers from across the country are urging the Centre to reduce GST rates levied on outdoor catering service from 18% to 5%. […]
Source: livemint The representatives of some of the major coaching institutes have met the Union Finance Minister Nirmala Sitharaman demanding to either remove 18 percent GST on coaching centers or […]
Source: The Economic Times The Union Budget 2019 has introduced various new updates to provide relief for GST-registered taxpayers. One of such changes is related to the interest applied on […]
Source: The Economic Times Exporters who transport goods abroad on a consignment basis for exhibitions or other promotional events won’t have to generate tax invoice if it is brought back […]
Source: Taxguru The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification for the extension of due date for filing the returns by composition dealers in Form […]
Source: Business Standard Finance Minister Nirmala Sitharaman on Monday said that GST collection of states and union territories (UTs) has increased to ₹ 5.18 trillion in FY 2018-19, up from […]
Source: The Economic Times The Ministry of Finance has now declared that any mismatch in the GST monthly sales return and outward supply details should be reported in the annual […]
Source: The Economic Times With a broader view of providing a major relief to exporters, the Centre will now pay the Input Tax Credit refunds of state taxes, thereby minimizing […]
Incentives, discounts, and schemes are often offered by suppliers to dealers in order to promote sales. However, the taxability of these incentives, discounts, and schemes under GST can be complex. […]