With the monsoon, came pouring reliefs from rate reductions to simplified returns in the ‘MSME-focused’ 28th GST Council meeting concluded on July 21, 2018, first to be held in …
To iron out the practical hindrances and issues being faced by the Industry Inc since the implementation of GST, the Lok Sabha, on August 9, 2018, has passed the …
Breaking the ice on much-debated taxability of inter-company supply of services in GST, the Hon’ble Authority for Advance Ruling, Karnataka while deciding the application filed by M/s Columbia Asia …
Rule 89(5) of the Central GST Rules, 2017 and Rajasthan GST Rules, 2017 relating to the refund of input tax credit on account of inverted duty structure has been challenged …
The intelligence wing of Central Excise on Monday detained K.U. Nishad, a native of Perumbavoor, in connection with one of the biggest fraud in Goods and Service Tax (GST) …
The GST Council’s recommendation to set limits on deposits payable by an assessee to file an appeal against any tax assessment could prevent filing of frivolous cases.“The amount of …
The Goods and Services Tax is a reform designed to create an ecosystem where free and fair competition can thrive. The state and centre in unison decided to pool …
The IMF on Wednesday described the Goods and Services Tax (GST) as a “milestone reform” in India’s tax policy, but pushed for a simplified structure, saying the multiple rate …
The Central Board of Indirect Taxes and Customs (“CBIC”) has issued a notification vide Notification No: 22/2018 – Central Tax Rate dated August 6, which further exempt i.e. the …
GST have a transformational effect on the Indian economy. However, there is a cost attached and the aam aadmi has been feeling the pinch. Well, there is some really …
