Business with turnover up to Rs. 1.5 Crore can now file their Goods and Services Tax (GST) Returns for the months of July-September till January 10, 2018

Form GST REG-26 i.e. application for enrollment of existing taxpayers: December 31, 2017.

The Goods and Services Tax (GST) Council to acknowledge merging the triplicate GST Return forms to assuage the procedure of filing returns.

The Lok Sabha has recently approved a bill to hike Goods and Services Tax (GST) Cess on luxury cars from 15% to 25%.

The Central Board of Excise and Customs (CBEC) has notified the 13th amendment in Central Goods and Services Tax (CGST) Rules

The outbreak of RERA and GST is likely to elevate the prices of corporate housing societies as registration process need to be completed under RERA and GST.

Goods and Services Tax (GST) was enforced this year in July. Since there was no proper infrastructure to support the GST regime

Home loan interest rates have dipped, but buyers’ sentiments have not improved, data shows, leading to a sharp fall in home loan growth.

GST TRANS-2 FormsThe unregistered taxpayers under the GST law have been provided with a facility to fill form GST TRANS-2 on GST Portal.

24th GST Council meeting that held on 16/12/2017 through video conference about the implementation of e-way bill system across the country.

The IT backbone of GST regime is planning to initiate the process of mining data to detect tax evasion and analyze taxpayer behaviour.

In major relief to property buyers, especially apartments, Goods and Sales Tax (GST) authorities have warned realtors and construction companies

NHB is in talks with the authorities to lower the effective GST rate from current 12% after factoring the lowering of land prices that could ease the tax burden and help in prop up residential sales

Goods and services tax network (GSTN) said it has introduced a functionality which simplifies the returns filing process for taxpayers. “A new functionality has been introduced on the GST portal for ease of the taxpayers under which questions will be posed as soon as the taxpayer enters the Returns dashboard and only relevant tiles will … Continue reading “GST-FAQ’s Functionality will be introduced in return Dashboard”

The finance ministry on Tuesday urged businesses to revise any wrongful claim of tax credits from the previous indirect tax regime saying that “extraordinarily high” claims unsettles the trust between firms and the tax authorities. In a statement, the ministry warned that assessees who have erroneously claimed tax credit from the previous regime should correct … Continue reading “Revise Trans-1 by 27th December to ensure bonafide credit claimed”