Page 28 - Gst Council

GST facelift: Electronic invoicing, new returns to be introduced in 2020

In the e-invoicing system, the invoices are authenticated electronically by GST Network (GSTN) for further use on the common GST portal.

FinMin asks GST Council to form grievance redressal mechanism for taxpayers

The proposal in this regard was approved last week by the GST Council

Best of BS Opinion: Rethinking GST, Citizenship Act protest, and more

Here's a collection of Business Standard Opinion pieces for the day

Re-think GST: No economy can afford to persist with a failed tax experiment

Let's pretend no more that the system isn't broken. The Centre needs to break heads in the GST Council and work out new slabs and rates (the fewer the better) and make a fresh start, writes T N Ninan

Centre breached basic trust on which GST was designed: Kerala FM Isaac

'Raising taxes in times of recession will be counter-productive', said Issac

Top biz headlines: Mistry back as Tata chairman, GST Council meet, & more

In a first, the GST Council on Wednesday resorted to voting to decide an issue

GST Council fixes 28% uniform tax rate for lottery effective March 2020

The panel also relaxed levy of penalty for non-filing of GSTR-1 from July 2017

Top 10 biz headlines: Advance corporation tax mop-up, GST council, and more

From Unilever cutting sales to rise in financial frauds, here are the top 10 business headlines for the day

Top events today: SC to hear pleas against CAA, GST Council meet, and more

A three-judge bench of the Supreme Court will hear plea of a convict seeking review of the court's earlier judgment upholding his death penalty in the Nirbhaya gang rape-and-murder case

GST Council may crack down on fraudulent invoices, input tax credit refunds

The law committee has proposed blocking of input tax credit for errant businesses "with the intent to safeguard government revenue''

Top 10 headlines: GST compensation cess, Zomato-UberEats deal, and more

Finance ministers of non-BJP-ruled states are likely to discuss on Monday their strategy for the GST Council meet

GST Council meet may turn stormy over states' cess; Rs 50k-cr dues pending

The Centre has, so far, not given any definite timeline for making the pending compensation cess payments to states, thereby triggering a face-off between the two sides

GSTN to be converted into a fully govt-owned company in 3-4 months: CEO

The GST Council had decided to convert it into a fully govt-owned company in May, 2018

Key decisions likely to be taken at the GST Council meeting on Friday

The Council may reset the GST rates on automobiles, hotels, biscuits, matchsticks and outdoor catering services. Listen to the podcast to know more

States plan political battle over delayed allocation of GST compensation

States are planning to pass resolutions in their legislative assemblies; however, such tactics will be used as the last resort if the Centre continues to stall allocations

Fixing the GST

Fundamental improvements to the flawed structure needed

Automobile slowdown has shrunk GST compensation kitty, says Sushil Modi

The fund is used to compensate the states for revenue shortfall suffered due to roll out of the new indirect tax

GST Council to review revenue position, compensation cess on Dec 18

The last time GDP grew at a slower pace was in the fourth quarter of 2012-13, when it had expanded only 4.3 per cent

GST Council to review revenue position amid demand for pending compensation

The compensation requirements have increased significantly and are unlikely to be met from the compensation cess being collected, it said

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