Page 122 - Gst

Four-tier rate structure, cess for luxury goods: Takeaways from GST meet

Centre, states agree on compensation formula; cess on cards for ultra-luxury items

Orissa HC directs authorities not to take action against importers on GST

Importers had approached various courts over restrictions imposed for availing advance authorisation licences

Govt may soon impose IGST on ex-factory sales; decision in September

The issue of double taxation was raised after an order by the Authority for Advance Rulings, Uttarakhand, which ruled that the importer will have to pay the IGST on CIF value and also on ocean freight

How should firms prepare to deal with intra-company services under GST?

Major challenges could be faced by entities that cannot claim input tax credit such as entities engaged in hospital, liquor, electricity supply

GST officers to ensure companies pass on benefits to the consumers

The national anti-profiteering authority has asked CBIC to instruct commissioners to proactively carry out checks on companies and businesses for profiteering

Revenue dept defers GST, GAAR details reporting for auditors till Mar 2019

The CBDT had received several representations from auditors that the implementation of reporting requirements

Himalaya searches highlight issue of classifying products under GST regime

Experts said in many such cases, allegations have been found to be frivolous by higher courts

GST administration: Remaining issues

After a year, electronic invoices and litigation remain challenges

A company offering services to branches in other locations will attract GST

Although the tax could be claimed as an input credit by the location receiving the service, it might increase the compliance burden for companies

Wasn't given enough time: GST Network CEO on glitches in the new system

GSTN CEO Prakash Kumar said that the original date for rollout of e-Way Bill was April 1 and preponing it to February "on a whim" was a mistake

Govt modifies due date for filing GST returns from July 2018-March 2019

For businesses with turnover up to Rs 15 million, and who are required to file quarterly returns, the GSTR-1 giving details of outward supplies has to be filed by the last date of the subsequent month

GST compensation of Rs 520 bn paid to states/UTs in 11 months: Govt

Under GST, Centre has to compensate states/UTs for loss of their revenue on account of implementation of the new indirect tax regime

Exporters approach various courts over restrictions under GST regime

Earlier, imports under advance authorisation were subjected to IGST

GST to be slashed on more items if revenue increases, says Piyush Goyal

GST Council has reduced rates on many items and services in the last round, says Goyal

Publishers seek input tax credit for authors under the GST regime

The applicability of RCMs on transactions done through unregistered entities have been deferred

No GST refunds for foreigners as of now as there is no provision: FinMin

The IGST makes provisions for the levy and collection of taxes on inter-state supply of goods or services or both by the Central government

GST Council meet: Shiv Pratap Shukla to lead committee on MSMEs issues

Pilot scheme to test feasibility of cashback on digital payment

Why energy should be in GST

Steep taxes on petrol and diesel add to the cost of economic activity and reduce the Indian economy's competitiveness. The two fuels must be brought under GST's purview

GST slabs may be pared to 3; rates could be 5%,15% and 25%: Sanjeev Sanyal

Sanyal, who was a renowned economist before joining the government, said that after indirect taxes (GST), the government is planning to undertake legal and administrative reforms

IGST cut: Why industry's pitch for import duty hike may be misplaced

Importers pay Integrated GST (IGST) on top of customs duty at the time of importing goods