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GST Threshold Limit raised in Most of the States

The States, except a few including Kerala and Telangana, and two Union Territories have raised the GST threshold limit for mandatory registration for GST for goods suppliers. According to information...

GST Threshold Limit raised in Most of the States
Taxscan Team

Finance Ministry constitutes GoM on issues relating to Lottery

In pursuance of decision in the 32nd Meeting of GST Council held on 10th January 2019 at New Delhi, a Group of Ministers (GoM) on issues relating to lottery has been constituted. The ‘GoM for...

Finance Ministry constitutes GoM on issues relating to Lottery
Taxscan Team

GST: Non-compliant Businesses can’t generate E-Way Bill

With a view to curbing the tax evasion, the finance ministry has barred the businesses who do not file GST returns from generating e-way bills, Financial Express reported. The Ministry has barred...

GST: Non-compliant Businesses can’t generate E-Way Bill
Taxscan Team

GST, Demonetisation and IBC made Economy more Efficient and Transparent: Finance Ministry Report

The Indian Government has made significant strides in the last 4 years in taking India to new heights in terms of the welfare of the citizenry, the overall structure& growth of the economy, and...

GST, Demonetisation and IBC made Economy more Efficient and Transparent: Finance Ministry Report
Taxscan Team

GST not leviable on Sale of Flats with Completion Certificates: Govt

The Ministry of Finance has clarified that GST cannot be leviable on the sale of flats with a completition certificate. It is brought to the notice of buyers of constructed property that there is no...

GST not leviable on Sale of Flats with Completion Certificates: Govt
Taxscan Team

GST Council met 30 times, took 918 decisions since its Constitution, says Finance Ministry

Till date, the Goods and Services Tax ( GST) Council has taken 918 decisions related to GST laws, rules, rates, compensation and taxation threshold etc. More than 96% of the decisions have already...

GST Council met 30 times, took 918 decisions since its Constitution, says Finance Ministry
Taxscan Team

Composition Dealers need not furnish data in serial number 4A of Table 4 of FORM GSTR-4: Finance Ministry

The Finance Ministry has clarified that, Composition Dealers need not furnish data in serial number 4A of Table 4 of FORM GSTR-4. It has been brought to notice that doubts regarding the manner of...

Composition Dealers need not furnish data in serial number 4A of Table 4 of FORM GSTR-4: Finance Ministry
Taxscan Team

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