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GST: Govt Explains Aggregate Turnover and Margin Scheme

Taxscan Team

In a document prepared by the National Customs, Indirect Taxes and narcotics, the Central Government explained the concepts of ‘aggregate turnover’...

GST Council Approves Constitution of Sectoral Groups on GST

CBEC enumerates Functions of Director General of GST [Read Office Order]

GST beneficial to Coal Consumers, says Piyush Goyal

Sarees and Dhotis are classifiable under different Heads: FAQs on HSN Code under GST released

GST: 27 Lakh Businesses has not completed Registration Process

After a month of Goods and Services Tax (GST) rollout, 27 lakh businesses are yet to complete the registration process under the new indirect tax regime, GSTN portal said on Wednesday. All taxable...

Lok Sabha passes Bills extending CGST, IGST to Jammu & Kashmir

The Lok Sabha yesterday passed two bills extending Central Goods and Services Tax (CGST) and Integrated Goods and Services Tax (IGST) to Jammu and Kashmir. The Finance Minister Arun Jaitley said that...

CBEC releases FAQs on Mining & Handicraft Sector under GST [Read FAQs]

The Central Board of Excise and Customs (CBEC) has released Frequently Asked Questions (FAQs) on mining and handicrafts under the Goods and Services Tax (GST). The document clarified the GST rates...

GST Beneficial to Small Businesses, says Santosh Kumar Gangwar

The Government has received representations from small businesses relating to exemption from GST, reduction in applicable rates of GST, and product and area wise exemptions. The GST rates on supply of...

Govt sets Up Two Call Centres To Answer Queries on GST

Government has set up two call centres being run for the purpose of catering to queries of taxpayers and stakeholders in GST. i. Call centre on GST Application software prepared by GSTN, is being run...

Sarees to Attract 5% GST: CBEC Issues FAQs on Textiles

The CBEC issues a set of Frequently Asked Questions (FAQs) on the applicability of Goods and Services Tax (GST) applicable to textiles sector wherein it was clarified that sarees would attract 5% GST....

Prices Reduced under GST: Anti-Profiteering Authority will Ensure that Benefits are passed on to Consumers, says Santosh Kumar Gangwar

The GST Council comprising the representatives of Central and State Government recommended the GST rates for goods and services, interalia taking into account the pre-GST indirect taxes incidence on...

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