Salary for services provided by the head office of a company to its branch offices in other states will attract an 18 percent GST.
New return filing process under GST is on its way. Is it any simpler?
Taxpayers may have to pay extra tax or reverse the credit they have availed for payment of cess in the pre-GST regime.
The government today introduced four bills to amend the GST laws.
Currently 60% of the components attract 18% GST rate, while the rest attract 28%, said ACMA President Nirmal Minda.
GST Council forms sub-committee headed by MoS Finance Shiv Pratap Shukla to look into the MSME sector’s issues.
The government has extended the last date for filing of GST summary sales returns for July.
Johnson & Johnson India cuts prices of its sanitary napkins.
Group of state finance ministers suggests 20 percent GST cashback for payments via BHIM app, Rupay cards.
GST collection rose month-on-month in June.
GST panel may suggest allowing companies to claim credit on freebies.
Small taxpayers can expect relief from GST Council, says official
A total of 1,205 cases of tax evasion were detected, said Minister Shiv Pratap Shukla
Fiscal deficit target for FY19 could see downside risks due to lower GST collection, higher expenditure
You may have to pay less GST rate on your new air conditioner or television.
FMCG firms advertise products through posters and dedicated branded stands and claim input tax credit as advertising expense.
The 29th GST Council meeting on Aug. 4 will discuss issues faced by MSMEs and ways to solve their problems.
GST rate cuts on consumer durables may boost festive demand
National Anti-Profiteering Authority to audit companies to check for extra GST collections, after the rate reduction
GST Council lowered the rate on footwear costing up to Rs 1,000 to 5 percent.
Hotel stocks rally on expectation that GST on actual tariffs could boost occupancies.
India’s GST is just over one-year-old and the panel has already revised rates several times.
Rates reduced, returns simplified, reverse charge deferred – the impact of the key decisions of the GST Council.
Government is planning to urge one crore MSMEs to obtain Udyog Aadhaar.
The focus of the GoM meeting on Saturday would be on preparedness to shift to a new format for GST return filing.