Page 46 - Goods And Services Tax

Telangana CM urges Nirmala Sitharaman to release Rs 4,531 cr in GST dues

KCR says despite a higher tax devolution as per Union Budget 2019-20, the receipts by the state till November were actually lower than in the same period last year

GST Diwas held in 125 cities for feedback on new return filing system

About 7,500 trade associations/stakeholders participated in the programme, Central Board of Indirect Taxes and Customs (CBIC) said in a statement

Income tax rate cut among steps govt working on to revive growth: FM

Assuring that there will be no harassment of taxpayers, Sitharaman said the intent of the government is to further simplify taxation systems including removal of exemption.

Govt will honour compact to give states their share of GST: Sitharaman

Sitharaman's statement comes after Kerala last week threatened to take the central government to Supreme Court over delay in the payment of compensation to states

GST Stakeholder Feedback Diwas for new return filing system on Dec 8

These feedback sessions would be attended by all prominent chambers of commerce and industry and other organisations representing taxpayers and tax practitioners

GST mop-up crosses Rs 1 trn in Nov over festive demand, anti-evasion steps

Although the collection figures come as a breather for the government, it is lower than the expected collection rate needed to meet the steep target for FY20

GST collection up 6% in Nov, crosses Rs 1 trn after a gap of three months

The GST collection was Rs 95,380 crore in October while it was Rs 97,637 crore November 2018

GST e-invoicing must for businesses with Rs 100-cr turnover from April 1

It will be voluntary for businesses with less than Rs 100-cr turnover; will help SMEs take instant loans

Centre planning to come up with lottery scheme for GST paying customers

Once the consensus at officers level is reached then it will be put before GST Council meeting

No difference of opinion, GST to be implemented soon in J&K: Jitendra Singh

Union Minister Jitendra Singh assures of GST implementation within next 3-4 days in J&K

Traders, civil society groups set up new panel to oppose GST passage in J&K

GST goes against the letter and spirit of the autonomy of the state says convener Siraj Ahmad

Opposition creates ruckus in J&K assembly over passage of GST bill

Jammu and Kashmir is the only state in the country where the GST has not been implemented so far

GST crosses J&K hurdle, Assembly passes implementation resolution amid din

Resolution moved by state Finance Minister Haseeb Drabu, was adopted through a presidential order

GST system redesign neither desirable nor feasible, say tax experts

Experts want the GST Council to prepare a detailed road map for the next two-three years to provide an environment of tax certainty for businesses

Finance commission chief Singh blasts frequent tinkering with GST rates

He also pitched for a rationalisation in Centrally- sponsored schemes, and blamed the government for not clearly defining the role of the Niti Aayog

Telcos' AGR dues to outweigh two-year breather for spectrum payment

Incumbent telcos Bharti Airtel and Vodafone Idea have said they would go for a review petition of the SC order, but they have limited time to move court

The problem with investment scores

The various reports on investment climate of states do not match the ground reality

GST compensation delay: States considering legal action against Centre

Central govt official says will release funds before end of this month

States concerned over GST compensation delays, ask FM to speed up payments

Punjab is awaiting Rs 2,100 crore as compensation while arrears stand at Rs 2,000 crore

Amit Mitra writes to FM, calls for 'urgent' GST meet to plug loopholes

GST revenue fell below the Rs 1-trillion mark for the third straight month in October, and was 5.3 per cent lower than the corresponding month last year, at Rs 95,380 crore