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GST on Supply of Raw Cotton by Agriculturist will be paid by Recipient under Reverse Charge: CBEC issues Notification

Taxscan Team

The Central board of Excise and Customs (CBEC) has notified that, Goods and Services Tax (GST) on supply of Raw Cotton by agriculturist will be liable...

More than 200 Items, Eating out At Restaurants to be Cheaper From today, Only 50 Items remain in 28%...

GST implementation caused ‘Temporary Slowdown’: ASSOCHAM-EY study [Read Report]

There is Scope for further Rationalisation of GST rates, says Finance Minister

Delhi Govt Notifies GST Exemption to Intra-State supply of Heavy Water and Nuclear Fuels [Read...

Advisory Group on GST favours Widen the scope of Composition Scheme

The GST advisory group set up to widen the scope of the Composition Scheme as well as rationalize the Reverse Charge Mechanism. Composition Scheme is a simple and easy scheme under GST for taxpayers....

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...

GST Council to meet on Nov 10 in Assam: Council to Cut list of items in 28%

With the introduction of new Indirect Tax called Goods and Services Tax (GST) on 1st July 2017 which replaced multiple cascading taxes levied by the Central and State Governments. On next GST meeting...

CBEC lays down Norms for Supplies to EOU/EHTP/STP/BTP under ‘Deemed Exports’ [Read Circular]

The Central Board of Excise and Customs (CBEC) on Monday prescribed the procedure for supplies to EOU / EHTP / STP / BTP units under deemed exports under the newly launched Goods and Services Tax...

GST: Govt to Review Monthly Returns Filing Process

As the Goods and Services Tax (GST) turns four months older, the Central Government has decided to review at least three return filings under GST every month with a view to minimizing the confusions...

Govt Working on Simplifying GST Forms: Sushil Modi Holds First Meeting on GST

The Deputy Chief Minister of Bihar Sushil Kumar Modi has reportedly said that, state would not charge any late fee for delayed GST Returns. The provision of penalty for delayed filing of GST returns...

Payments via Paypal GST are subject to from this Month

The American payments portal PayPal has started imposing GST charges on its services from 1st November 2017 onwards as per the rules and regulations of GST in India. It was stated that primarily...

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