Business Standard

Monday, December 23, 2024 | 06:07 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 7 - Latest Updates on Goods and Services Tax

Toy industry seeks resolution of GST anomaly, PLI scheme to boost growth

These issues were raised by the industry during a meeting called by the Department for Promotion of Industry and Internal Trade (DPIIT) on July 8 here

Image
Updated On : 10 Jul 2023 | 4:54 PM IST

GST Council meeting: Onus of deducting TCS may be on ONDC sellers

Tuesday's GST Council meet likely to put out clarification

Image
Updated On : 09 Jul 2023 | 10:48 PM IST

On GST anniversary, CAIT calls for fresh review of indirect tax regime

CAIT Secretary General Praveen Khandelwal said that the GST tax system should be made stable and more simplified by removing the current existing anomalies

Image
Updated On : 01 Jul 2023 | 3:06 PM IST

GST an engine for driving consumption, helped household save on bills: Govt

A nationwide GST, which subsumed 17 local levies like excise duty, service tax and VAT and 13 cesses, was rolled out at the stroke of midnight on July 1, 2017

Image
Updated On : 30 Jun 2023 | 1:49 PM IST

Industry wants GST relaxation, fuel-price guarantee for flex-fuel vehicles

The industry has sought 5 per cent GST on flex-fuel two-wheelers and a price guarantee on fuel for flex-fuel vehicles

Image
Updated On : 29 Jun 2023 | 4:37 PM IST

Under scanner: Insurance companies likely to soon face GST audits

Any mismatch in information across documents could raise a red flag

Image
Updated On : 23 Jun 2023 | 12:40 AM IST

Treasury-bill auction sees firm demand on hopes of improving liquidity

Surplus liquidity in the system, as indicated by the amount of funds that banks park with RBI, increased to Rs 34,843.21 crore on Tuesday, from Rs 18,657.21 crore on Monday

Image
Updated On : 21 Jun 2023 | 6:00 PM IST

GST evasion of Rs 30,000 crore using stolen IDs across 16 states uncovered

The beneficiaries of several government schemes, including PM Kisan, were using the stolen identities to operate 4,000 shell companies and 16,000 fake GST registrations

Image
Updated On : 14 Jun 2023 | 11:56 AM IST

Centre to come up with pre-filled GST return forms by year-end: Report

The consolidated form, being readied by the Central Board of Indirect Taxes and Customs, will allow the GST-payers to view all of their transactions as well as e-invoices

Image
Updated On : 12 Jun 2023 | 10:13 AM IST

GST mop-up rises 12% to Rs 1.57 trillion in May despite external headwinds

Strong increase in line with GDP growth estimate in FY24, say experts

Image
Updated On : 01 Jun 2023 | 8:39 PM IST

GST collection rises to all-time high of Rs 1.87 trillion in April

The revenues for April 2023 are 12 per cent higher than the GST revenues in the same month last year

Image
Updated On : 01 May 2023 | 6:16 PM IST

Issue of GST on intermediary services to foreign clients may get resolved

However, there could be issues in claiming input tax credit by these intermediaries

Image
Updated On : 25 Apr 2023 | 1:39 PM IST

Intra-company services by offices registered separately to attract GST: AAR

GST applicable even if employees appointed for firm as a whole, says Tamil Nadu authority

Image
Updated On : 18 Apr 2023 | 7:45 PM IST

Liquidated damages in certain cases to draw 18% GST, rules Andhra AAR

Such damages are the sum that one party receives when the other party fails to meet provisions of a contract

Image
Updated On : 10 Apr 2023 | 12:37 PM IST

Interstate flow of goods rose to 70% of GDP post-GST implementation

Paper published by IPPR suggests new indirect tax regime led to increasing economic integration among states

Image
Updated On : 07 Apr 2023 | 11:27 PM IST

Floor mats for four-wheelers to attract 28% GST, says Gujarat AAR

The applicant, a manufacturer, had argued that 18% GST should be applicable

Image
Updated On : 05 Apr 2023 | 11:47 AM IST

GST mop up at all-time high of Rs 18 trillion in FY23, shows data

The data shows collections in the pandemic year FY21 declined, but bounced back in subsequent years, indicating resilience in the economy amid external headwinds

Image
Updated On : 02 Apr 2023 | 10:57 PM IST

Taking a look at some high-frequency indicators for January-February

CEA V Anantha Nageswaran had said that to get to 7 percent GDP growth in FY23, the January-March quarter will have to register a 5.1% real GDP growth

Image
Updated On : 21 Mar 2023 | 6:13 PM IST

Panel working on classification of millet products to determine GST rates

The panel will likely propose the classification at the next GST Council meeting, which is expected to be held at the end of May or in June

Image
Updated On : 16 Mar 2023 | 10:37 PM IST

A 4-member GST appellate tribunal likely in each state, says official

As per the proposal, each state appellate tribunal will have two division benches and thus will be able to deal with more appeals, the official noted

Image
Updated On : 15 Mar 2023 | 6:21 PM IST