Category: All about GST

Congress to Launch Week-Long Anti-GST Campaign in Delhi on Jul 30

The Delhi Congress will launch a week-long anti-GST campaign on July 30 at all the major markets of the city, intensifying its agitation against the “wrong implementation” of the new tax regime.

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GST Networks to Analyse Statistics of Registered Taxpayers

Three weeks into the new tax regime, the Goods and Services Tax Network (GSTN) has said that it will analyze the statistics of tax payers registered with GSTIN and give them ratings

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Government Raids Two City Malls to Check GST Compliance

Food supplies and consumer welfare department on Thursday conducted raids at some malls.

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Deadline for GST Composition Scheme Extended Till 16 August

The government on Friday extended the deadline for small businesses to opt for the composition scheme in the goods and services tax (GST) regime by nearly four weeks to 16 August.

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GST Council May Take Up Certain Tax Issues at August Meeting

The GST Council, chaired by Finance Minister Arun Jaitley and comprising state counterparts, will meet on August 5 to review.

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Revised MRP Rates Released Under GST (Goods and Services Tax)

There has been a substantial confusion in the change of MRP (Maximum Retail Price) of the goods under GST. According to our sources, with respect to recently released Government regulations; the Businesses are prescribed to put revised rates along with the original rates as a sticker on the product with in next three months i.e. … Continue reading “Revised MRP Rates Released Under GST (Goods and Services Tax)”

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Cabinet Clears Draft Bill to Replace GST Ordinances for J&K

The Union Cabinet on Wednesday approved a draft bill to replace ordinances that were promulgated to introduce the goods and services tax (GST) in Jammu and Kashmir, a senior government official said. The Central government had earlier this month promulgated ordinances to make the Central GST (CGST) and Integrated GST (IGST), which deals with interstate … Continue reading “Cabinet Clears Draft Bill to Replace GST Ordinances for J&K”

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Services Provided by Smaller RWAs are Exempt From GST

To clear some of the ambiguities created by the implementation of Goods and Services Tax (GST), the government has been regularly coming out with clarifications and notifications. Whether the resident welfare associations (RWAs) come under the ambit of GST, is one such issue. To bring in more clarity pertaining to this issue, in a notification … Continue reading “Services Provided by Smaller RWAs are Exempt From GST”

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18% GST on hotels with room tariff less than Rs 7500

Whether the hotel is a five star or not, if its room rent is 2500 rupees per day or more but if it is less than Rs 7500, then the tariff will be GST at 18%. Government has released this explanation on Tuesday.

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MCA Notifies Companies (Meetings of Board and its Powers) Second Amendment Rules, 2017

Ministry of Corporate Affairs notifies Companies (Meetings of Board and its Powers} Second Amendment Rules, 2017 dated July 13, 2017.

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GSTN Portal to be Ready for Invoice Uploading From July 24

The Goods and Services Tax has kicked in from July 1 and so far, the GST Network, the company handling the IT backbone for new tax regime, has been facilitating registration of businesses.

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Integration of ‘Khan-Pan’ will not work in the Restaurants

Under the guise of a new tax regime, you can screw up overcharging and bribery rigging on the part of the racers. At both the center and the state levels, the officials are formulating a strategy to deal with the complaints of leveraging the benefit of the conference-related Confucian.

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GST and Mobile Phone Bills: Impact on Post-paid and Pre-paid Users

From July 1, all the mobile phone users will have to shell out more for their mobile phone usage. The Goods and Services Tax (GST) Council has put

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Pre-GST Discounts get Maharashtra 16% More Sales Tax in Three Months

Though the state has incurred losses with many state government taxes being subsumed in Goods and Services Tax (GST), the new regime proved helpful when it comes to sales tax. Sales tax collection went up by 15.6% in three months ahead of GST launch on July 1. Discounts being offered by traders on household products … Continue reading “Pre-GST Discounts get Maharashtra 16% More Sales Tax in Three Months”

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Textile Traders in Ahmedabad on Indefinite Strike Against 5% GST

Textile traders in Ahmedabad will go on an indefinite strike from Monday to mount pressure on the government to roll back 5% GST on cloth. The decision was taken on Sunday during a meeting of traders associated with three major textile markets in the city, including Maskati Cloth Market Association, New Cloth Market, and Panchkuva … Continue reading “Textile Traders in Ahmedabad on Indefinite Strike Against 5% GST”

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