FM Nirmala Sitharaman: ‘Act of God’, may result in contraction of economy this fiscal
The government said on Thursday that the coronavirus pandemic has hit the Goods and Services Tax (GST) collection where the […]
GST Recent News, Important News
GST Recent News, Important News, News
GST Council meeting: States seek more control over GST revenue ahead of 41st meet
With the Central government showing inability to compensate states for revenue losses as per the agreed formula under Goods and Services
GST Recent News, Important News
Hon’ble FM Nirmala Sitharaman will chair the 41st GST Council meeting via video conferencing at 11 AM in New Delhi today
As per the recent tweet of Ministry of Finance, Hon’ble Finance Minister Smt, Nirmala Sitharaman will chair the 41st GST Council
GST Recent News, Important News
CNBC-TV18: Govt Sources says No consensus on issue of states resorting to borrowing to meet GST compensation shortfall
As per the recent tweet of CNBC-TV18, that the Govt Sources says No consensus on the issue of states resorting to borrowing to
GST Recent News, Important News, News
Dealing with GST compensation shortfall not alone centre’s responsibility
Dealing with Goods and Services Tax (GST) compensation shortfall is not alone centre’s responsibility, said sources. “It’s a force majeure
GST Recent News, Important News
CNBC-TV18: GST Council has begun discussion on Compensation Funds
As per recent tweet of CNBC-TV18, Govt Sources say the 41st GST Council meeting has begun discussion on compensation funds. Centre presents Attorney
Press Release, Press Release
CBIC Tweet: No recoveries shall be made for the past period by the Central and State tax administration w.r.t. Interest on delayed payment of GST vide N. No. 63/2020
As per the recent CBIC tweet, which clarifies that the Notification No. 63/2020 – Central Tax dated August 25, 2020,
Notification And Circular, Notification and Circular
DGFT amends the Export Policy of Surgical Masks, Medical coveralls
The DGFT vide Notification No. 29/2015-2020 dated August 25th, 2020 has made amendment in Export Policy of Personal Protection Equipments/Masks.
GST Recent News, News
RBI: GST Council like authorities for land, labour, power must for reforms
The Reserve Bank on Tuesday suggested setting up GST Council type apex authorities for land, labour and power to drive
GST Recent News, News
GST set to meet, Sushil Modi says Centre morally bound to pay states
Bihar Deputy Chief Minister and Finance Minister Sushil Kumar Modi said on Tuesday that the Centre should borrow and pay GST compensation