The applicability of RCMs on transactions done through unregistered entities have been deferred
The IGST makes provisions for the levy and collection of taxes on inter-state supply of goods or services or both by the Central government
Pilot scheme to test feasibility of cashback on digital payment
Steep taxes on petrol and diesel add to the cost of economic activity and reduce the Indian economy's competitiveness. The two fuels must be brought under GST's purview
Sanyal, who was a renowned economist before joining the government, said that after indirect taxes (GST), the government is planning to undertake legal and administrative reforms
Importers pay Integrated GST (IGST) on top of customs duty at the time of importing goods
At present, around 49 countries use a single GST rate, 28 use two rates and four countries, including India, have more
GST Council meet to focus on MSME issues; it is proposed that consumers get instant cashback up to two percentage points for those paying digitally
By the end of July 31, the total amount of IGST refund claims disposed of stood at Rs 298.29 billion
The amendments were cleared in a meeting chaired by Prime Minister Narendra Modi, said an official source
The revenue collection figures do not reflect the impact of the recent tax rate cuts on 88 items
Assessees will have to continuously upload invoices and keep track of matching purchase receipts with those of sales to claim input tax credit
As many as 3.67 per cent of the registered tax payers contribute about 79.52 per cent of total tax collected
India's new lower GST rates on consumer goods ranging from footwear to washing machines took effect
The companies have been asked to submit the calculation within a fortnight, says a source
An order in the case may have ramifications for other states such as Himachal Pradesh, Uttarakhand and Sikkim which have incentives schemes
The tax reduction has reduced the cost to the consumers, increased his purchasing capacity and added to the increased consumption in the economy
Revision of GST rate from 28 per cent to 18 per cent will provide relief to the appliances industry
GST Council has pruned the highest 28 per cent slab by cutting tax rates on 191 goods over the last one year
Anti-profiteering body to ensure benefit of exemptions on sanitary napkins passed on to consumers