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GST CLASSIFICATION DISPUTES
GST Tribunal revamps appeal process: Division bench review now mandatory for appealsThe move seeks to prevent smaller benches from deciding cases involving important legal questions, ensure consistent rulings, and streamlin...
GST exemption for flight, motion simulators to help reduce training costs: Civil Aviation MinistryThe Civil Aviation Ministry announced GST exemptions for flight and motion simulators, benefiting airlines and training academies by reduci...
Proposed GST rate tweaks on automobiles to end classification disputesThe Centre is planning sweeping GST reforms that could lower taxes on automobiles, now taxed up to 50% including cess. Under the proposal, ...
Candy or cure? Popular digestive Hajmola product faces GST troubleHajmola, a popular digestive tablet, is under GST investigation. Authorities question its classification. They want to determine if it is a...
Popcorn, in loose form, sold in movie theatres to attract 5% GSTPopcorn sold in loose form in movie theatres will continue to attract a GST rate of 5 per cent. If popcorn is sold together with a movie ti...
Ice-cream lovers beware: GST body drops a sugar bomb on softy mixThe GST Authority for Advance Rulings - Rajasthan bench ruled that softy ice-cream mix's primary component is sugar, not milk. Thus, it att...
Fake registration drive: GST officers detect 10,700 bogus firms, over Rs 10k cr evasionTax officers have detected around 10,700 fake GST registrations involving Rs 10,179 crore in evasion. Aadhaar authentication for GST regist...
Tax notices leave a bitter taste for several chocolatiers, bakersWhile individual tax dues of the entities under the scanner may not be very large, the tax liability of the industry, excluding penalty and...
In preparation for GST rate rationalisation, product categories' fine-tuning beginsThe Central Board of Indirect Taxes and Customs began revising product classifications under GST to simplify the system and reduce tax disp...
India to get a three-tiered GST regime in next few months?India is planning to cut GST slabs from four to three to simplify tax classifications, Sanjay Agarwal, Central Board of Indirect Taxes and ...
Why GST restructuring is the need of the hourIndia is one of the few countries to have opted for a more intricate structure, featuring four or more tax slabs. GST slabs in India are 0%...
DGGI seeks higher GST from auto parts makersIndian tax authorities have raised demands for higher tax from at least 17 automotive component manufacturers over tax rates for parts used...
6-years of GST: With record high collections, why it is an opportune time for rate rationalisationThe primary ideology behind rate rationalisation has been to simplify the GST rate structure and not to garner additional revenues for the ...
Packed, frozen paratha 'quite different' from roti/chapatti; attracts 18% tax: GST Appellate AARSuch parathas, whether named Malabar, Mixed vegetable, Onion, Methi, Alu, Laccha, Mooli or Plain, have ingredients like margarine, salt, em...
GST: Your carbonated fruit juice-based drink is all set to get costlierThe GST Council in its 45th meeting held in Lucknow has given a new dimension to the entire debate on what should be the tax rate for fruit...
From cycle locks to breaded cheese, companies and authorities differ over classification for levying GSTIn one of the cases the bone of contention was whether cycle locks should be treated as parts and accessories of bicycles and are distinct ...
Ambiguity remains for several products under GSTThat’s due to lack of clarity on how to tax some products and a backlog of cases regarding classification ambiguities, the experts said.
Traders dig out loopholes to pay less, avoid taxGovt is not amused by what businesses are doing. It is one thing to modify goods to avail lower rates and another to misuse the provision.
Government using scientific method in GST to remove ambiguities: Hasmukh AdhiaAdhia was responding to a query mailed by ET last week. Following which ET had on March 25 written a story on GST debate on categorisation ...
4-tier GST rate may lead to classification disputes: StudyA research by National Institute of Public Finance and Policy professor pointed out there is discussion in the GST Council that there will ...