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Goods and Service Tax

Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019: 26, 142 applications received so far

The aim of Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 is to help taxpayers, including small taxpayers, in clearing the baggage of disputes...

Company Director’s Bank A/c can’t be attached for Recovery of GST: Gujarat High Court [Read Order]

Govt still working on GST Network, says Telangana Secretary

GST leads to Formalization of Economy and Widening of Tax Base, says Govt.

Only 16% of initial GST Returns filed for July-Dec matched with Final Returns

GST: Odisha registers 2.3 per cent Increase in Tax Collection

After the Implementation of new tax laws Goods and Service Tax (GST), Odisha registered with 2.3% growth rate in tax collection. Odisha Finance Minister S B Behera informed the growth rate in tax...

GST: Madhya Pradesh HC Dismisses Plea against Levy of Tax on Confectionery Items [Read Order]

A division bench of the Madhya Pradesh High Court last week dismissed a Public Interest Litigation (PIL) challenging the levy on confectionary items. The bench comprising Justices P K Jaiswal and...

CBEC Clarifies Issues on Applicability of GST on Goods Transferred / Sold while being Deposited in a Warehouse [Read Circular]

In a recent missive, the Central Board of Excise and Customs (CBEC) clarified the issues on applicability of GST on goods transferred / sold while being deposited in a warehouse under the new Goods...

GST Glitches: Panel to Review GST Laws

Considering the growth in increase in the compliance burden of small businesses regarding Goods and Service Tax (GST), Government Officials formed a committee, headed by the GST Chief Commissioner of...

Telengana Govt. writes Centre to relax Penalty on delayed GST Returns

After the introduction of new Indirect tax regime, namely GST (Goods and Service Tax) which turns three months older. Now the Telengana Government has written to the Central Government to relax the...

Cabinet approves Scheme of Budgetary Support under GST Regime to the eligible units in States of J&K, Uttarakhand, Himachal Pradesh and North Eastern States

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi today has given its approval to the Scheme of providing Budgetary Support under Goods and Service Tax Regime for...

Major Decisions Taken by the GST Council on its 20th Meeting

The most powerful GST Council in its 20th meeting held on 5th August at New Delhi had took some important decisions including finalizing the rates on textile job works like stitching and embroidery,...

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