Lottery

Govt may not reduce GST Rate on Lotteries

Reportedly, the Government has turned down the request of some States to reduce the rate of tax on lotteries under the Goods and Services Tax (GST) regime. Presently, the rate of tax applicable to lotteries...

GST: Govt to Simplify Anti-Profiteering Form

In a major relief to the consumers, the Central government may soon simplify the application form for the new anti-profiteering body, the watchdog for allegedly denying consumers the benefit of reduced tax burden under the new...

E-Way Bill

E-Way Bill System: CBEC to Train Officers

As the electronic way Bill is all set to be rollout from 1st February 2018, the Central Board of Excise and Customs (CBEC) will conduct training classes to its officers. Last month, the Goods and...

GST: Govt Asks Traders to Issue Correct Invoices

The Government recently asked the tax payers to issue invoices in correct form as mandated under Rule 46 of Central Goods and Services Tax (CGST) Rules and the State Goods and Services Tax (SGST) Rules....

GST: Govt to Re-structure Anti-Profiteering Procedure

With the increase in the complaints received against overcharging of tax under the new Goods and Services Tax (GST) regime, the Finance Ministry may soon come out with a standard operating procedure (SOP) for anti-profiteering...

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