Sushil Modi: ‘Optics-wise, 28 per cent on white goods looked bad. Consensus was to cut’
Bihar Deputy CM and finance minister Sushil Kumar Modi, a senior member of the GST Council and a former chairman of the […]
GST Recent News, News
GST Recent News, News
GST to have three tax slabs by November 2018
After reducing rates of about 90 items in the last GST council meet, the government is planning to go for
GST Recent News, Important News
CII seeks clear guidelines on anti-profiteering, higher e-way bill threshold
Industry body CII has suggested to the GST Council to come up with clear guidelines on anti-profiteering and raise the
Important Pronouncements
CESTAT: Payment of fees on import of machinery which was linked to sale was taxable as “Intellectual property service”
FACTS-I : The assessee had started functioning from its business premises from 11-4-2006 and had obtained registration on 22-8-2006. It availed cenvat
GST Recent News, News
Allow GST payment with unused input tax credit: Texprocil tells govt
The Textile Export Promotion Council of India (Texprocil) has urged the government to allow the accumulated input tax credits on
Important Pronouncements, Newsletter
Exemption Notifications must be interpreted strictly SC
A Constitution Bench (Bench of Five Judges) of the Hon’ble Supreme Court of India (“SC”) in one of the landmark
GST Recent News, News
Here’s how new GST rates are a boost to womanhood
As the new reduced Goods and Services Tax (GST) rates over various accessories and necessities of women have been implemented starting July 27,
Notifications and Circulars
GSTR-6 return filing date extended
The Central Government vide Notification no. 30/2018 dated July 30, 2018 has fixed the last date for filing return in
GST Recent News, News
Anti-profiteering authority seeks inputs from Airtel, Indigo
The GST anti-profiteering authority has sought inputs from telecom operator Bharti Airtel and budget airline Indigo on whether the goods
Important Pronouncements
CESTAT: Rent of all co-owners of property, could not be clubbed so as to deny benefit of SSI Exemption
Facts Assessees were joint owners of a property. They gave said property on rent to ICICI Bank Ltd. on monthly