Government expects Rs 40,000 crore GST shortfall- GST: Restrictions on ITC claim if you do not file GSTR 1 on time
- GST Annual filing waived off for taxpayers below Rs 2 cr turnover
- States say no to 15th Finance Commission's offer of lower rate of compensation
- GST Council hikes tax on caffeinated beverages, cuts rates on hotel tariffs
Videos
- Bankrupt companies take indirect tax department to court over GST software not being in sync with IBC
- Government looks at 28% GST on lottery
- Companies drag government to court over GST on long-term land lease pacts
- Fitment panel rules out GST cut for auto, consumer durables or biscuits
- GST cut for outdoor catering on the cards
- RBI panel pitches for federal body like GST Council in farm sector
- Final call at September 20 meeting: GST Council may lower levies on auto, biscuits
- 15th Finance Commission to meet advisory council on GST mop-up
FAQs
What is Goods and Service Tax (GST) and which are the commodities proposed to be kept outside the purview of GST?
Who will decide rates for levy of GST?
What is GSTN?
Which of the existing taxes are proposed to be subsumed under GST?
What principles were adopted for subsuming the above taxes under GST?
Revenue fairness for both the Union and the States individually would need to be attempted.
GST Policy
Draft Transition Rules
Application in Form GST TRAN -1 ('Transition application form') to be filed within 60 days from the appointed date for transitioni...
Draft Valuation Rules
Open market value of the underlying supply to be determined by making a reference to the price at which an identical supply is mad...
GST and interlinkage with Customs
For goods imported into India, the place of supply shall be the location of the importer; the place of supply for export goods sha...
GST Rules, FAQs and Taxation Laws (Amendment) Bill, 2017
The Amendment Bill will alter the Customs Act, 1962, the Customs Tariff Act, 1975 and the Central Excise Act, 1944 in consonance w...
Revised GST Rules
Invoice or debit note issued in respect of recoveries of tax payable under Section 74, Section 129 and Section 130. Invoice to cle...
- Firms with annual income upto Rs 2 crore could get GST return relief
- GST relief for auto companies may raise burden on other goods
- Tough to claim input tax credit for donated goods
- NPCI clears GST sops for UPI QR code payments
- GST rate cut on auto, other products to be political call
- Cash CSR donations face GST implications
