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Goods and Services Tax

Centre, States to hold 100 per cent Share in GSTN

The 27th GST Council meeting decided to buy back fifty one per cent stakes in GSTN. As per the council decision, Centre-States will hold equal stake...

GST Revenue Collections: Rs. 7.19 lakh crore collected under GST in the period between August 2017...

Composition Dealers need not Furnish Details of Inward Supplies from Registered Supplier in FORM...

GST: E-Way Bill Mandatory for Intra-State Supplies in Haryana from April 20th

Class X ICSE Syllabus to include GST from 2020

Former RBI Chief Slams Demonetisation, says GST Glitches are not ‘Unfixable’

In a major setback to the Government’s decision to scrap rupees 1000 and 500 notes, the Former Governor of Reserve Bank of India (RBI) Raghuram Rajan reiterated that the decision of demonetization was...

Advance Ruling Authority on Employee Canteen – A Missed Meal

When a complex law like GST is slowly evolving, when authorities like Advance Ruling are approached, it has to be on a very cautious note and all possible arguments should be duly taken. Further, the...

Schools up to Higher Secondary Level supplies Food directly to Students are Exempted from GST: Finance Ministry

The Ministry of Finance has clarified that Schools up to Higher Secondary Level supplied Food directly to Students are Exempted from Goods and Services Tax ( GST ). With a view to remove any doubt...

GST Rate of Rubber Wood is 18%: AAR [Read Order]

In an order by the Authority for Advance Ruling, ( AAR ) Kerala, the authority clarified that rate of GST on rubber wood as 18% under the HSN4403. The applicant, Sri.N.C. Varghese is a small scale...

Merchant Trade Transactions Exempted from GST: AAR [Read Order]

The Authority for Advance Ruling ( AAR ) has ruled that Merchant Trade Transaction are exempted from Goods and Services Tax ( GST ). The Petitioner, M/s Synthite Industries Ltd, in the business of...

Bombay High Court upholds GST on Long Term Lease Premium [Read Judgment]

The Bombay High Court has upheld the validity of Goods and Services Tax ( GST ) on Long-term lease premium. The petitioners has challenged an order levying/collecting the Goods and Service Tax (GST)...

Govt Likely to Increase Stake in GSTN

The Finance Minister Arun Jaitley has approved the controlling stake of the Central Government and state government in the Goods and Service Tax Network ( GSTN ). The Government likely to increase...

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