Merchandise exporters to pay 18% GST on shipping costs: Govt
Merchandise exporters will have to cough up 18% goods and services tax, or GST, on the services of transportation of […]
GST Recent News
News
Finance ministry looking into life insurers’ tax relaxation plea
The relaxations sought by the life insurance industry on the Budget announcement of taxing high-value policies with premiums of ₹5
GST Recent News
Govt. provides relief to Students from GST ahead of Entrance Exams
The GST Council on Saturday recommended a reduction in the levy on pencil sharpeners, while exempting the National Testing Agency
GST Recent News
Temporary GST relief for automakers manufacturing MUVs, no decision yet
The auto manufacturers that build Multi Utility Vehicle (MUVs) seem to have got a temporary relief as there was no
Newsletter
Weekly GST Communique dated February 20, 2023
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
GST Law, Important News
CBIC clarified a person registered as composition taxpayer cannot issue taxable invoice and can neither collect GST from his customers nor can claim ITC on his purchases
A recent tweet by the Central Board of Indirect Taxes & Customs (CBIC), stated that as per the Goods and
GST Law, Important Pronouncements
Minor discrepancy in the e-way bill would not attract penalty proceedings
The Hon’ble Allahabad High Court in M/s. Varun Beverages Limited. v. State of U.P. and Ors. [Writ Tax No. –
GST Recent News
RBI will take action as required to keep inflation within expected limits: FM Nirmala Sitharaman
The Reserve Bank of India will take necessary steps to manage inflation within “expected limits,’ Finance Minister Nirmala Sitharaman said
News
FinMin to meet heads of banks on Feb 22; to review progress ECLGS for MSMEs
The finance ministry has called a meeting of heads of public sector banks and top four private sector lenders to review the progress of
GST Recent News
GST Tribunal: Principal bench to decide on inter-state supply
The Principal Bench of the proposed Appellate Tribunal for the Goods and Services Tax (GST) would decide on the cases