Tag: Sector Wise GST Updates
GST NEWS
Centre should issue white paper about impact of note ban, GST on economy: Gehlot
Rajasthan Chief Minister Ashok Gehlot has said that Centre should come up with a white paper to inform people about the impact of demonetisation,...
GST UPDATES
Central and State Jurisdiction
Jurisdiction means an authority given to legal departments to deal with legal cases falling within a particular geographical boundary. The GST Council vide Circular...
GST NEWS
GST collections expected to be 30% lower at Rs 9 lakh crore in FY21
The current financial year may end with a 30 percent drop in Goods and Service Tax (GST) collections. This would be difficult for the...
GST NEWS
Odisha gets second tranche of GST compensation
Odisha has received Rs. 287.12Crore in second installment of GST compensation. Out of the Rs.12,000Crore released by Centre, Odisha has got Rs  576.92 crore....
GST NEWS
Govt. should urge Centre to reduce GST on construction: Ponnaiyan
Ponnaiyan, Vice-Chairman, State Development Policy Council (SDPC), said that state-government should recommend to the Centre to reduce GST for the construction sector. He further...
GST NEWS
GST: Madras HC order quashing levy of interest on ITC component
Madras High Court has set aside orders for levying interest on input tax credit as applied on delayed payment. A taxpayer under GST can...
GST NEWS
Companies get GST audit notices from various States
Multinational companies have started getting notices from state GST authorities even though Centre is talking about lowering compliance burden. These notices are relayed with...
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