Page 62 - Gst

Top headlines: Govt tries to revive mobile mkt, setting up GSTAT, and more

Business Standard brings you the top headlines at this hour

Latest news LIVE: SC remands Sanjay Raut to judicial custody till Aug 22

Latest news LIVE updates: From Covid to stampede at Khatu Shyam temple, catch all the latest news development here

Politics heats up as Congress, and BJP go head-to-head

Public can't be blamed for being wary of the current Congress protests against price rise and unemployment. They have too closely tailed protests directed against ED summons to Sonia and Rahul Gandhi

PM pushes states to boost GST collection at NITI governing council meet

Crop diversification discussed most extensively in NITI governing council meet

West Bengal: Cong workers stage protests against price rise, unemployment

Around 50 Congress workers demonstrated outside the governor's residence, wearing black clothes, holding placards and shouting slogans.

iPhone 14: Check the expected launch price, release date and other details

The new phones in iPhone 14 series are expected to be launched in green, purple, blue, black, white and red colours

Lack of clarity on GST paid on liquidated damages may lead to litigation

There is fear that entities may be asked to reverse ITC or pay back refunds, experts say

Top Headlines: RBI policy review today, Sebi orders audit of FRL, and more

Ahead of the RBI MPC's statement today, while market participants are certain about a rate hike, there are also growing calls for a shift in the central bank's stance. Read more in our top headlines

No GST on rental of 'sarais' under religious or charitable trust: CBIC

The Union Finance Ministry on Thursday said 'sarais' run by religious or charitable trusts are exempt from the Goods and Services Tax (GST) irrespective of rent.

CBIC clarifies on GST to be levied on EVs, mangoes, cattle feed

CBIC also address issues around liquidated damages, penalty on cheque bouncing etc

Supreme Court wants states to make DIN mandatory for GST officers

A DIN is a 20-digit identification code that is affixed to every communication sent to taxpayers by the government

Amid robust tax growth, customs and excise duties decline over 10% in Q1

Receipts from customs and excise duties were down 10.59 per cent at Rs 97,695 crore in Q1 of FY'23

GST e-invoicing must for entities with Rs 10 cr turnover from Oct 1

Presently, the process is mandatory for businesses with an annual turnover of Rs 20 cr and above

Govt eyes ending schemes, including PAHAL, with wasteful expenditures

The PAHAL scheme, launched in 2013, is aimed at reduce diversion and eliminate duplicate or bogus LPG connections

No GST on chequebooks for customers, only on bank buying from printer: FM

Also, there is no GST on crematorium, funeral, burial, or mortuary services, the minister said and explained the Goods and Service Tax has been levied on the construction of new crematoriums.

States taxed items consumed by poor in pre-GST era: FM Sitharaman

She also said the government has contained prices of tomato, onion, and potato, while comparing rates with those prevailing in November 2013.

GST collection jumps 28% YoY in July to second highest ever at Rs 1.49 trn

Collection remains above Rs 1.4 trn for fifth straight month

Falling commodity prices may soften inflation, but it may remain elevated

Parliament likely to discuss the matter today; MPC to consider matter at 3-day meet that begins on Wednesday

Fiscal deficit expected to follow previous years' trend in June quarter

Centre's capex outlay may touch 20 per cent of full-year target in Q1 at Rs 1.5 trillion

Rahul Gandhi hits out at Centre over GST hike on scientific equipment

"Don't let science suffer because of your 'Gabbar Singh Tax', Prime Minister. Roll back the GST on scientific equipments," the Congress leader said in a Facebook post on Monday.