Page 197 - Gst

GST Council to meet on Tuesday, decide tax rate by Oct 20

The meeting will also deliberate on the Centre's power to assess 11 lakh service tax filers

Assam gets off the block with GST registration

Tax department has started collecting mobile numbers and e-mail IDs of registered dealers or taxpayers to provide GSTIN on a provisional basis

GST lends more weight to India's 8% growth projection: S&P

The latest GDP figures showed that India's growth slowed to 7.1% in the April-June quarter, from 7.9% in Jan-March

Central excise officials flag GST loopholes

Tax officials are seeking clarification on the definition of supply, valuation of taxable supply of goods and services, among others

Commerce Ministry wants exemptions for exporters to continue under GST

Ministry also wants the distinction between domestic tariff area and SEZ should be maintained under the new regime

Central excise officers' body plans protest on GST

They want central excise and service tax with the annual turnover of Rs 20 lakh per annum should only be controlled by the Centre

Project Saksham gets govt nod for easy GST roll-out

The new indirect tax network (systems integration) called Project Saksham will be developed with the help of Wipro

Cabinet clears Rs 2,256 cr project Saksham for GST integration

Cabinet Committee on Economic Affairs cleared project Saksham of Central Board of Excise and Customs which will help integrate CBEC's system with the GST network

Monthly returns to be mandatory under GST

CBEC draft rules say returns must have details of profit and loss account

Govt issues draft GST procedural rules, Council to finalise them on Friday

Experts fear e-commerce companies mat end up with multiple registrations because of some provisions

Govt issues draft GST procedural rules, Council to finalise them on Friday

Draft rules, issued by the CBEC, provide for online registration by residents within three days of submission of the application

Letters: GST for organised sector?

Some of the recommendations of the Goods and Services Tax (GST) Council with regard to administrative control over entities with annual turnover of up to Rs 1.5 crore has brought about a degree of clarity on jurisdiction. But the talk of a "cross empowerment" model based on risk evaluation for entities with turnover of above Rs 1.5 crore to ensure such categories of suppliers of goods and services deal either with the Centre or state, as rightly pointed out, may prove tricky. This would lead to uncertainties both among tax authorities at the Centre and states as well as the assessees in this category. This is certainly not the best way to usher in such radical tax reforms across the country.Such bizarre thought, therefore, deserves to be discarded. By its very nature, dual control under the GST regime is unavoidable. Yet, both the Centre and the states can jointly evolve a workable mechanism to mitigate any possible hardship to the assessees emanating from dual control. Incidentally, A

Congress CMs to press for 18% GST cap

Congress says a higher rate will burden the common man and will defeat the very purpose of GST to create a common market

Two done, many more to go

A rush job to meet GST's April 1 deadline can be risky

Life insurers want exemption from GST; general differential rates

They feel that their premium income has remained stagnant since the industry was brought under service tax in 2012

Govt has appointed Arun Goyal as Additional Secretary of GST council

Goyal will take charge of the newly created post of Additional Secretary, GST Council, under the Central Staffing Scheme

GST Council settles exemption, control issues

Rates, compensation to be thrashed out in future meetings

GST unlikely to get ratified this Assembly session, says Kerala FM

The Goods and Services Tax Council, in its second day of meeting, has struck political consensus on the GST threshold limit

Traders' body welcomes GST threshold of Rs 20 lakh

CAIT said the move will also save the government from huge amount of administrative efforts and allow them to focus on widening the tax base

States happy with outcome of GST Council's first meeting

Chhattisgarh Finance Minister Amar Agrawal said all states were on board for GST implementation by April 1, 2017