GST: Maharashtra introduces 31 Reforms to help Businesses
The Maharashtra State Government, on Wednesday has introduced 31 reforms in the Goods and Services Tax ( GST ) structure to promote ease of doing business, a state finance ministry official said. The state government
16 Proposed amendments to CGST in Union Budget 2020
The Finance Minister Nirmala Sitharaman on Saturday through the union Budget has proposed the following 16 amendments to the Central Goods and Service taxes (CGST) aiming to improve the scope and productivity of the tax
GST: Council Revises Tax Rates on 66 Items, Movie Tickets, Insulin, Agarbattis to go Cheaper
In its 16th meeting held on New Delhi today, the Goods and Services Tax (GST) Council revised the rates of 66 items from what was originally stated in the four-slab indirect tax structure last month. Finance
Know 15 New Functionalities made available for Taxpayers on GST Portal from February 2021: GSTN
The Goods and Service Tax Network (GSTN) has enabled the new functionality for Taxpayers on GST Portal from February 2021. 1. Post TRN Login, Tracking of Registration Application Status: The Search ARN Functionality for Registration,
CBIC notifies Revised GST Rates and Customs Duties with Immediate Effect [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has notified the revised Goods and Services Tax (GST) rates and Customs duties as per the recommendations of the GST Council Meeting  (Read Key Highlights). The
GST Compliance and Statutory due dates for the month of April, 2021
The new Financial year 2021-22 has begun and being the first month of the financial year, April 2021 is a significant month from the point of view of the tax compliance and other statutory due
GST has Hidden Benefits: Economic Survey II
Economic Survey 2016-17 Volume 2, laid in the Parliament on Friday stated that that the goods and services tax (GST) was complex while enumerating its ‘hidden benefits’ on the economy as a whole. It stated
GST Council may reduce number of Items Listed in 28% Category
Reportedly, the GST Council, the apex policy making body under the new indirect tax regime in India is all set to trim the list of items in the highest slabs of 28% by shifting some
GST: Thirteen Important Changes applicable from Today
The Goods and Services Tax ( GST ) has undergone major changes and the same is to be implemented from today, i.e, 1st February 2019. Some of the important changes which are going to be
GST Council proposes changes in GST Rate for various Goods and Services w.e.f. January 1, 2022
The GST Council’s 45th meeting was held today in Lucknow under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council has inter-alia made the various recommendations relating to
Refund Applications u/s 38 of the DVAT Act cannot be affected by department’s proceedings for fresh demand; Delhi HC [Read Judgment]
The division bench of the Delhi High Court in a recent decision held that the claim for refund under section 38 cannot be delayed for the reason that the Department is initiated proceedings for fresh
Ice Cream can’t be treated as ‘Cooked food’, Taxable at a Higher Rate: Kerala HC Rejects Claim of Milano [Read Judgment]
While denying the benefit of composition scheme to M/s Milano Ice Cream Private Limited, Kerala High Court recently held that Ice-Cream cannot be treated as cooked food and therefore, a higher rate of tax applicable
GST Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme: All You Need to Know
The Central Board of Indirect Taxes and Customs (CBIC) had notified the Quarterly Return Monthly Payment Scheme. The CBIC while stating the eligibility for QRMP Scheme said that a registered person who is required to
CESTAT quashes Services Tax Demand on Value of Goods provided Free of Cost under Mining Contracts [Read Order]
The Customs, Excises, and Service Taxes Appellate Tribunal (CESTAT),New Delhi Bench has quashed service tax demand by the department where addition was made on the value of goods provided free of cost by the Company
Non-filing of ST-3 returns by Sub Contractor for Long Period will make Intent to Evade Tax: CESTAT Upholds Invocation of Extended Period [Read Order]
The Chennai bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the invocation of an extended period since non-filing of ST-3 returns by subcontractors for a long period will make the intent to