Page 64 - Gst

No extra GST liability on supplies of diplomatic missions, UN bodies: Govt

Sale or supply to foreign diplomatic missions/UN organisations is like any other B2C sale and will not have any additional effect on the supplier's tax liability

Stamp duty, property tax may stay out of GST

Definition of goods may be changed; amendments to Constitution likely

Better and simpler

Bold move on GST, but there is need to do more

More of the GST rules thicket

GSTN should quickly resolve these issues

An unresolved puzzle

Free flow of the credit chain is the key to GST implementation

GST: Surviving the anti-profiteering gaze

'There is a lack of clarity over how the computations and calculations will be made'

What are consequences of not filing GST returns within due dates?

In case registered taxable person files return beyond due date, he will be required to pay late fees of Rs 100 for each day of delay, subject to a maximum of Rs 5,000

Analysis of cash flow is crucial

This should throw up firms better able to survive effects of a working capital crunch under GST

Changes in GST brought once Modi was apprised of difficulties: Rajnath

Union minister hails the decisions taken at the latest GST Council meet

Good news for GST assessees as Council gives more time to file returns

Dates for filing various other returns, including those for claiming input tax credits, have also been extended

Companies will pass GST rate cut benefits to consumers

Arun Jaitley announced that the tax rate on a vast range of items of daily use would be brought down from 28% to 18%

Congress demands overhaul of GST architecture

Congress finance ministers described the decisions taken in the GST Council meeting on Friday as 'too little, too late'

GST advisory group in favour of expanding composition scheme

This was the first meeting of the advisory group after it was formed earlier this week

Congress to seek overhaul of GST at next Council meet

Congress would suggest that number of tax returns that businesses need to file be rationalised

Crowd control in GST

Giving money away is not easy, even if it is to the government in lieu of essential services

GST on restaurants: Why input credit must continue

Especially for big chains, any curbs on credit could raise their capex/operating cost and lead to a hike in base rates on the menu

Mamata Banerjee terms GST as 'Great Selfish Tax'

She said demonetisation was a disaster and urged social media users to change their profile pictures to a black square on November 8 to protest against the note ban.

GSTN eases process for exporters to claim refunds under Form GSTR1

Exporters can save and upload their export data which are part of GSTR-1 after filling up export details in table 6A

Over 15 mn GSTR-3B returns filed between July and Sept

As many as 1.5 crore GSTR-3B returns have been filed between July and September, a notification from the Central Board of Excise & Customs, Ministry of Finance said.While 56.8 lakh returns were filed in July and 54 lakh in August, the number came down to 47.4 lakh in September.The decline could be attributed to the extension of the last date for filing GSTR-2 and GSTR-3 by the Ministry of Finance.Earlier, the last date for filing of GSTR-3 for the month of July 2017 was extended from November 10 to December 11.The Ministry of Finance also extended the last date for filing of GSTR-2 for the month of July 2017 to November 30.

Allow traders to file GSTR-3B form on monthly basis, CAIT recommends govt

Bhartia suggested that the GST Council take a cue from the Maharashtra government, which he said had asked dealers to pay VAT on a monthly basis to save them from 'harassment'