Teething problems: ‘GSTN has stabilised, can’t fault Infosys’
The Goods and Services Tax Network (GSTN) — which handles a mammoth taxpayer base (over 1 core at last count) […]
GST Recent News, News
Important Pronouncements
Liquidated damages classifiable as ‘Other Services’; taxable at rate of 18% GST: AAR
In order to see whether GST is applicable on Liquidated damages in case of operation and maintenance activities and construction
Important Pronouncements
Cleaning and housekeeping services provided to railways aren’t exempt from GST: AAR
The applicant received a contract from Northern Railways for providing various services in relation to housekeeping, cleaning, sanitation, waste management,
Important Pronouncements
‘Unjust enrichment’ bar inapplicable to provisional assessments pre-Rule 9B amendment; Finalization date inconsequential
HC rules out applicability of principles of unjust enrichment to refund arising out of finalization of provisional assessment of excise
GST Recent News, News
Why Malaysia has scrapped the GST that accounted for 18% of govt’s revenue
In just a week after his unexpected win in the general election, Malaysia’s new Prime Minister Mahathir Mohamad has fulfilled
Important Pronouncements
Joint-development rights’ non-taxable where land value included in villa’s price for buyers
Consideration received from landowners in the form of development rights thereon for construction of ‘villas’ under Joint Development Agreement (JDA)
GST Recent News, News
Sugar cess under GST: GoM to seek opinion from Law and Food Ministry
A ministerial panel on imposing cess on sugar today decided to seek law ministry opinion on the legality of such
Important News, News
Free banking services out of GST net: Financial Ministry official
Free banking services like cheque book issuance and ATM withdrawals is likely to remain out of the ambit of the
GST Recent News, News
Merchants using ‘puzzling GST’ to cheat consumers
Merchants are using the confusion over different Goods Services Tax (GST) slabs to cheat consumers. The traders, who increased prices of
Important News, News
Malaysia to remove GST for consumers on June 1
Malaysia’s finance ministry said on Wednesday (May 16) that the 6 per cent Goods and Services Tax (GST) will be zero-rated from