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August 17, 2016   admin  GST India
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Latest News Related to GST

Adopt GST to become part of history, Smriti Irani tells business community

July 23rd, 2017|0 Comments

Calling the goods and services tax (GST) a “great step towards transparency,” Union minister Smriti Irani on Saturday urged the business community to become a part of this historic tax reform. “GST is not [...]

GST protesters in Tamil Nadu try sending sanitary napkins to Modi

July 23rd, 2017|0 Comments

A new form of protest was witnessed in Coimbatore when members of the Revolutionary Youth Front attempted to parcel sanitary napkins to Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley as a sign of agitation against the levying [...]

GST Should Not Become ‘God Services Tax’, Says Congress MP From Punjab

July 22nd, 2017|0 Comments

The GST should not become "God Service Tax", a Congress MP from Punjab said in Lok Sabha today, demanding withdrawal of the newly introduced tax on community kitchen service at religious places including Gurdwaras. [...]

Deadline for GST composition scheme extended till 16 August

July 22nd, 2017|0 Comments

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. Small businesses with [...]

CAG readies plan for digital audit of GST

July 22nd, 2017|0 Comments

The Comptroller and Auditor General (CAG) has finalised an “End-to-End IT solution’’ to audit the Goods and Services Tax (GST). The proposal envisages a pilot programme on the GST audit which will be ready [...]

GST Council to examine sectoral issues in August 5 meet

July 22nd, 2017|0 Comments

The Goods and Services Tax Council could take up at its next meeting taxation issues raised by sectoral bodies along with a review of the implementation of the new tax regime, a top official [...]

Mannan writes to Jaitley on small traders facing GST problems

July 21st, 2017|0 Comments

Leader of Opposition in West Bengal Assembly Abdul Mannan today wrote a letter to Union finance minister Arun Jaitley over problems being faced by the small traders of the state after implementation of the GST. "Despite [...]

GST: only 100,000 SMEs opt for composition scheme

July 21st, 2017|0 Comments

A scheme under the goods and services tax (GST) that provides easy compliance and a flat rate to small businesses has had a muted response so far. The new indirect tax regime was rolled out on [...]

Concerned state govt to speak of GST pros

July 21st, 2017|0 Comments

Worried by the evident anger among stakeholders over the Goods and Service Tax (GST), the Gujarat government and the BJP are leaving no stone unturned to placate them. The state government will hold conventions [...]

Textile sector hit, exempt it from GST: Opposition

July 21st, 2017|0 Comments

The Opposition in Rajya Sabha raised Thursday the issue of protests by textile manufacturers and traders against GST, saying the new tax would adversely affect the industry, especially the handloom segment. Several Opposition members [...]

CBEC : GST rates not to be revised unless there is anomaly

July 20th, 2017|0 Comments

 GST rates will not be revised unless there is an anomaly or the rates are unjustified, CBEC Chairperson Vanaja Sarna said on Wednesday. Her comments came in the wake of textile traders' demand of lowering five per cent GST on textiles. [...]

Tax officials to ‘Go Slow’ on enforcements under GST

July 20th, 2017|0 Comments

Indirect tax authorities will go slow on enforcement actions under the goods and services tax for the first six months, to give time for the new tax regime to settle down, Central Board of [...]

GST is exempt for small RWA’s Services, can avail Input Tax Credit

July 19th, 2017|0 Comments

According to the notification dated 13th July 2017, if members contribution is not more than Rs 5,000 a month, they are exempt from GST. Besides that, if member contribution is more than Rs. 5000 per month [...]

No TDS on GST – CIRCULAR No. 23 / 2017 – Modification of Circular No. 1 of 2014 in view of substitution of Service Tax by Goods and Services Tax

July 19th, 2017|0 Comments

CIRCULAR No. 23 / 2017 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi 19th July, 2017   Subject: Modification of Circular No. 1 of 2014 in [...]

GST: IT backbone GSTN allays concerns of data mix-up on GST portal

July 19th, 2017|0 Comments

GST Network today allayed concerns of mixing up of taxpayers' data on the portal, saying enough protection has been taken to guard against any overlapping. The Mumbai division of the Central Board of Excise and [...]

Nil GST on fabrics not feasible

July 19th, 2017|0 Comments

Also, 28% GST for hotels with tariffs above ₹7,500: Ministry Organised traders and unorganised sellers in the textiles sector have not been affected by the Goods and Services Tax, according to Minister for Finance, [...]

Consumers hailed GST, but there’s need for awareness

July 19th, 2017|0 Comments

Consumers across the country have unanimously hailed the Goods and Services Tax (GST), Minister of State in the PMO Jitendra Singh said on Tuesday, stressing the need for launching awareness exercises to overcome certain [...]

Congress protests against GST monster

July 19th, 2017|0 Comments

The tax in its current form has hit small businesses as well as the public: Maken Accusing the Centre of “unleashing the GST monster” on the country, Delhi Congress president Ajay Maken on Tuesday [...]

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