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GOVERNMENT CLARIFICATION ON GST
GST Council likely to consider a review of 28% tax on online gaming at June 22 meetingThe council may also take up recommendation of the fitment committee on inverted duty structure of 15 items, officials aware of the matter ...14 Jun, 2024, 05.30 AM IST- Will approach GST Council on online gaming regulatory framework after it is in place: Rajeev ChandrasekharMedia outlets had earlier reported, quoting Chandrasekhar, that he would “request the GST council for consideration on the new regulatory f...18 Jul, 2023, 03.23 PM IST
- F&B sold at cinemas to attract 5% GST, industry welcomes moveThe multiplex industry has welcomed the GST Council's notification that food and drinks (F&B) sold at movies will be covered under the defi...12 Jul, 2023, 12.31 PM IST
- Traders can't pass on new GST levy, says Karnataka CM; GST experts disagreeThese levies were not meant to be passed on to consumers, he told media-persons, responding to a volley of questions on the sudden increase...18 Jul, 2022, 09.32 PM IST
- Mining, steel companies may move court over GST on royalty, licence feesAs per the current regulations, mining companies pay licence fees to state governments and pay either royalty annually or based on conditio...29 Sep, 2021, 08.53 AM IST
- GST: Not all intermediaries out of the woods, will continue legal tussle against governmentThese intermediaries say that they have been left out of the recent clarification by the government and that they will continue their legal...25 Sep, 2021, 09.55 AM IST
- Confusion over GST on annuity from govt: Infra companies under taxman’s lensIndustry trackers said that some of the infrastructure and construction companies are already reeling under financial pressure. Some of the...09 Jul, 2021, 07.58 AM IST
- CBIC clarifies: Serving food in schools, mid-day meals exempt from GSTThe exemption covers mid-day meals provided in schools, pre-schools and Anganwadis. The clarification is part of series of circulars issued...18 Jun, 2021, 01.17 PM IST
- FMCG, pharma cos to contest retro taxTop FMCG and pharma companies are planning to move the courts as they face retrospective tax on discounts offered since 201722 Aug, 2019, 06.51 AM IST
- Biggest triumphs associated with GST is the depiction of cooperative federalismThe GST Council has approved new simplified return formats and these are expected to be launched on a pilot basis from April and full-fledg...01 Mar, 2019, 02.28 PM IST
- 31st GST Council Meeting - The hits and missesThe Council had in detail evaluated the various proposals of rate reduction; specifically for the goods covered under the 28% list, with an...26 Dec, 2018, 12.14 PM IST
- Travel portals seek clarity on TCS provision under GSTA circular issued in September has created some confusion prompting the industry to seek a clarification from the government.03 Oct, 2018, 11.21 PM IST
- Government clarifies GST applicability on financial servicesThe revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.04 Jun, 2018, 10.36 AM IST
- More then one change per day made by Govt in GST: Export promotion council for SEZsExporters flagged concerns related to refunds, exemption of GST, classification of Goods and services and place of supply for service expor...26 Apr, 2018, 02.59 PM IST
- DGS seeks clarification from HUL on methodology for calculating 'GST benefits'DGS has been checking to make sure companies are passing on the benefits of lower levies under the goods and services tax (GST) regime to c...26 Feb, 2018, 07.27 PM IST
- Clarity on GST over aircraft imports soonApart from Air India, one aircraft each of IndiGo, Vistara and AirAsia India are stuck because of the confusion, as are planes of other air...17 Jul, 2017, 12.12 AM IST
- Exporters can furnish bonds manually instead of IGSTThis bond or letter of undertaking is required to be furnished in Form GST RFD-11 on the common portal. The bond is required to be given th...05 Jul, 2017, 12.49 AM IST
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