GST council meeting discusses change in GST rate for digital transactions and imposition of Sugar Cess
Keeping in view the need to move towards a less cash economy, the Council has discussed in detail the proposal […]
GST Recent News
GST Recent News
GST Council agrees on conversion of GSTN into Govt. entity
The GST Council, headed by Union Finance Minister Arun Jaitley, on Friday, agreed to convert Goods and Service Tax Network
GST Recent News
GST Council Meet: FM and the council focus on GST Returns and Cess on Sugar
Finance Minister Arun Jaitley-led GST Council will meet today to discuss a simpler return form and the amendments required in the indirect
Important Pronouncements
PVC Floor Mat taxable at 18% as “Plastic Floor Coverings” under CTH 3918
Maharashtra AAR holds that PVC Floor Mat is classifiable under Customs Tariff Heading 3918, liable to GST at 18% (9%
Important Pronouncements
CESTAT : Upholds interest on delayed CENVAT reversal on traded goods under Rule 6(3)(A)(e)
MUMBAI CESTAT upholds interest under Rule 6(3A)(e) of CENVAT Credit Rules, 2004 (CCR) on late reversal of CENVAT credit attributable
GST Recent News, Important News
GST Council may approve imposition of Sugar cess
Running against the principles of the Goods and Services Tax, the Council’s 27th meeting being held via video-conferencing on Friday
GST Recent News, Important News
Demonetisation & GST impact: India is fast ceding gold market share to China
India is fast losing its gold market share to China. And, from that perspective, the January-March period of 2018 has been the
Important Pronouncements
KKC is neither ‘excise duty’ nor ‘service tax’ hence No transitional credit under GST
Maharashtra AAR rules that accumulated credit by way of Krishi Kalyan Cess (KKC) as appearing in Service Tax Return of
GST Recent News, Important News
GST Council to select hybrid model for simplifying filing returns on Friday
In a relief for businesses, the Goods and Services Tax Council is to simplify filing of returns at a meeting
GST Recent News, Important News
GST paradox: Charkha spared, but spares taxed
After implementation of the Goods and Services Tax (GST), the ‘charkha’, the strongest symbol of India’s freedom struggle, has