Page 59 - Gst

5% GST on Railway catering services in trains, stations: Finance Ministry

This would bring about uniformity in the rate of GST applicable to supply of food and drinks made available in trains, platforms or stations

Legacy of exemptions: Court issues notices to Centre, GSTC

Under the erstwhile tax regime, capital goods that went into production of goods in the states which used to give area-based exemptions were not given input tax credit

GST e-way bill must for moving goods from one state to another from April 1

The platform has been made more robust and as many as 7.5 million inter-state e-way bills could be generated daily without any glitch

Letter to BS: Centre's GST collections have improved in February

The corrective action would not have been possible if the states had not co-operated

Five web portals that can make it easier for SMEs to file GST returns

Six months into the Goods and Services Tax regime, and still the teething problems persist

PwC urges govt to pare 28% GST bracket to 20-22%, merge middle slabs

In its new report, the audit firm urges policymakers to rework definition of 'luxury items' in sync with current standards of living

Unrealistic to expect GST to settle down in less than 10 yrs: Bibek Debroy

On direct taxes front, the NITI Aayog member made a case for removal with exemptions which he said was on government agenda

Too many clamps still in Goods and Services tax rules

The finance ministry says the GST Council reviewed the progress in grant of refunds to exports of both IGST and Input Tax Credit

E-wallet will address GST refund issue of exporters: Suresh Prabhu

As per exporters, about Rs 200 billion is stuck on account of delay in refund of duty claims under the new indirect tax regime

84% of initial GST returns filed for Jul-Dec don't match with final returns

The revenue department has analysed the Goods and Services Tax (GST) returns data filed by over 51.96 lakh businesses during July-December, 2017

32-yr-old jeweller commits suicide, was hit by losses due to GST, note ban

Karad-resident Rahul Rajaram Phalke died instantly after he jumped in front of a Miraj-bound freight train near Shirvade station in Satara district in western Maharashtra

GST: Indian system among the most complex globally, says World Bank report

India has the highest standard GST rate in Asia, and second highest in the world after Chile

Govt not to extend March 31 deadline for selling pre-GST packaged goods

The deadline will not be extended further unless the GST Council decides

Over 10 mn businesses registered under GST; January collection at Rs 880 bn

GST has subsumed over a dozen local taxes, including excise duty, service tax and VAT

Creating more agile supply chains

The new GST regime could make supply chains faster, better and simpler. Will businesses step up to the opportunity?

DG Safeguards sends investigation notices for GST profiteering in 53 cases

Out of the total number of 354 anti-profiteering applications, the Standing Committee has forwarded 65 applications to the Directorate General of Safeguards for investigation

Single GST rate can't work at the moment; compliance to be made simpler: FM

He said that being the reason, the government started with multiple rates and was now moving towards rationalisation

Govt making all efforts to fool proof GST from evasion: Hasmukh Adhia

He noted that a businessman doesn't want to evade tax provided three things are according to his desire, which include appropriate tax calculation, tax should be reasonable, it protects his interests

GST: What happens if person files return but doesn't make payment of taxes?

Under the GST law, the filing of return without payment of taxes shall not be considered as a valid return

70% IGST refunds stuck due to flawed claims furnished by exporters: CBEC

CBEC has asked exporters to amend the details in the final returns of subsequent month to enable the department to process the refund claims by March