Gst Regime
FM Sitharaman to inaugurate conference of GST enforcement chiefs on Monday
Finance Minister Nirmala Sitharaman will inaugurate on Monday a conference of enforcement chiefs of all state and central GST officers to tackle tax evasion. In the conference, Goods and Services Tax (GST) formations will deliberate on combating GST evasion, including examining current challenges and delving into successful methods adopted by central and state tax enforcement officers. It would also strategise on effective methods to combat fake invoicing, sharing best practices, fostering synergy, and leveraging technology and data. The conference will also balance ease of doing business and discuss striking a crucial equilibrium between facilitating a smooth business environment and implementing effective and deterrent enforcement measures. Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will inaugurate the one-day conference and also deliver the keynote address on March 4, a finance ministry statement said. Embracing the spirit of cooperative federalism as .
 "FM Sitharaman to inaugurate conference of GST enforcement chiefs on Monday")
LIC to challenge Rs 290 cr GST bill issued by Bihar tax authority
LIC gears up to appeal against a hefty GST demand exceeding Rs 290 cr, encompassing penalties and interest
 "LIC to challenge Rs 290 cr GST bill issued by Bihar tax authority")
Consulting and services sector urge Centre to revisit GST regime
The consulting and services sector has urged the Centre to re-look at the Goods and Services Tax (GST) collection regime.
 "Consulting and services sector urge Centre to revisit GST regime")
Five years of GST: Chidambaram to Sitharaman, the people behind the reform
The benefits of GST will positively ensure it to be 'Good and Simple Tax' for citizens of India, says Prime Minister Narendra Modi on the eve of the GST launch
 "Five years of GST: Chidambaram to Sitharaman, the people behind the reform")
GST: What lies ahead for India's most ambitious indirect tax reform?
The continuation of a business-as-usual approach can undermine the GST's ability to either raise revenues for the government or improve the ease of doing business
 "GST: What lies ahead for India's most ambitious indirect tax reform?")
GST council: Kerala to oppose move to bring petrol, diesel under GST regime
Kerala on Thursday said it will vehemently oppose any move to bring petrol and diesel under the GST regime as that will further reduce revenue generation for the state
 "GST council: Kerala to oppose move to bring petrol, diesel under GST regime")
The importance of EQ over IQ for politicians
Humility, not hubris, should be the middle name of any Indian politician who wants to achieve his goals
 "The importance of EQ over IQ for politicians")
Contradictory AAR verdicts on CSR under GST regime baffle companies
Recently, the Uttar Pradesh AAR had held that CSR spend by companies is eligible for input tax credit
 "Contradictory AAR verdicts on CSR under GST regime baffle companies")
GST regime: Madras HC allows claiming input tax credit on TDS from VAT
The petitioners' counsel submitted that TDS is nothing but tax and the TNVAT Act makes this position clear
Natural gas under GST regime likely to benefit tile manufacturers
Cheaper gas prices to reduce power & fuel cost and propel margins, say analysts
 "Natural gas under GST regime likely to benefit tile manufacturers")
GST rate rationalisation: The larger objective
Besides merging the rate slabs of 12 per cent and 18 per cent, the GST Council could consider phasing out exemptions to those commodities that were subject to VAT duty by the States
GST shortfall: FinMin releases weekly instalment of Rs 6,000 cr to states
This takes the total amount released so far to Rs 95,000 crore
Businesses to get fully auto-populated monthly sales return form GSTR-3B
Businesses will now get complete auto-populated monthly sales return form GSTR-3B, GST Network said
 "Businesses to get fully auto-populated monthly sales return form GSTR-3B")
AAR says GST be imposed on wellness centres depending on services offered
Case, relates to applicant Oswal Industries; authority observes that three types of rooms are offered by the applicant and therapy is strictly on residential basis
 "AAR says GST be imposed on wellness centres depending on services offered")
Gujarat HC allows tax credit on services under GST, signalling help to cos
Court strikes down an explanation Central GST rule, which the central government used to deny claim on input tax credit on services in case of inverted duty structure
 "Gujarat HC allows tax credit on services under GST, signalling help to cos")
Two years of GST regime
During the past two years, the government has responded promptly to most representations of the trade
 "Two years of GST regime")
After Assam, GST sops to woo investment set for a comeback in other states
The Assam Industries Scheme, 2017, notified on January 19 this year, allows eligible units reimbursement of state GST after utilisation of the input tax credit of available SGST and integrated GST
 "After Assam, GST sops to woo investment set for a comeback in other states")
Scope for reducing GST slabs, hints Arun Jaitley
Currently, the GST regime slots items under rates of 5%, 12%, 18% and 28%
 "Scope for reducing GST slabs, hints Arun Jaitley")
Only Rs 12,000-cr credit claims valid
GST regime allows tax credit on stock purchased during the previous tax regime
 "Only Rs 12,000-cr credit claims valid")
Apprehensions on GST proved unfounded: PM Modi
PM Modi reviewed the progress of nine vital infrastructure projects worth over Rs 56,000 crore
 "Apprehensions on GST proved unfounded: PM Modi")
