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KERALA FLOODS GST
Tough to claim input tax credit for donated goodsGST authorities have, based on the facts of the case, denied ITC claims, especially when the company was not distributing its own products.12 Sep, 2019, 09.57 AM IST- Kerala flood cess may push up cos’ compliance burdenThe cess will only be on business-to-consumer (B2C) transactions and companies in real estate, aviation, banking and telecom would have to ...29 May, 2019, 11.29 AM IST
- No material impact of flood cess on gold sales: Industry sourcesGoods taxable at 1.5% State GST will attract a cess on value of 0.25%. Gold bullion and jewellery attracts GST (centre plus states) of 3%.28 May, 2019, 09.24 AM IST
- Kerala Budget: Movie tickets, beer and wine prices to be dearerAs the southern state faced a severe financial crunch, finance Minister T M Thomas Isaac presented the budgetary proposals for the 2019-20 ...31 Jan, 2019, 09.05 PM IST
- GoM wants exemption limit for MSMEs to be increased, GST council yet to decideThe Group of Ministers under Modi has also suggested to the GST Council to allow additional borrowing over the permitted limit by states hi...07 Jan, 2019, 11.54 AM IST
- GST ministerial panel favours Kerala levying 1% cess for 2 yearsThe Group of Ministers under Modi has also suggested to the GST Council to allow additional borrowing over the permitted limit by states hi...06 Jan, 2019, 11.08 PM IST
- Ministerial panels on GST relief to MSMEs, levy of calamity cess to meet todayCurrently, businesses with annual turnover of up to Rs 20 lakh are exempt from the Goods and Services Tax (GST).06 Jan, 2019, 10.38 AM IST
- GoM formed to look into Kerala's demand for calamity cess: JaitleyThe Council also reviewed revenue trends and deficit of states, he said, adding state deficit this year is 13 per cent and may reduce furth...28 Sep, 2018, 02.12 PM IST
- GST Council's 30th meeting today, may consider cess on select items to help flood-hit KeralaThe Council, which is the apex decision making body on issues related to the GST, is expected to consider imposition of cess on select item...28 Sep, 2018, 12.10 PM IST
- Kerala floods hit passenger vehicle sales in AugustSales in the past month fell 2.46% from a year earlier to 287,186 units, data from the Society of Indian Automobile Manufacturers (SIAM) sh...12 Sep, 2018, 03.59 PM IST
- Honda Cars sales decline marginally to 17,020 units in AugustHonda Cars India today reported a marginal decline in its domestic sales to 17,020 units in August.01 Sep, 2018, 05.56 PM IST
- Kerala businesses may face GST notice, penalty on goods destroyed in floodsA directive issued by the indirect tax department or Deputy Commissioner State GST Department Mattancherry tells tax officers to disallow i...31 Aug, 2018, 03.01 PM IST
- Centre’s view is very unsympathetic: Kerala Finance Minister Thomas Isaac"We asked for Rs 2,000 crore from the Centre. They gave Rs 600 crore," Kerala Finance Minister Thomas Isaac told ET in an interview.28 Aug, 2018, 09.46 AM IST
- Relax non-performing asset rules for Kerala loans: BanksIn the past, the central bank had granted forbearance for loans to small businesses during demonetisation. More recently, relief was grante...24 Aug, 2018, 11.38 AM IST
- Government has inherited 14-year policy of refusing foreign aid: Alphons KannanthanamAlphons, who has been in the thick of things, is continuously updating the rest of the country about the conditions in Kerala and listing o...23 Aug, 2018, 04.46 PM IST
- Country needs 'progressive leader' in face of 'autocratic' rule: CongressThe party today said India needed a "progressive leader" in the face of "autocratic governance" prevalent in the country.22 Aug, 2018, 09.43 PM IST
- Kerala mulling 10% cess on GST, introduction of special lotteryThis decision was taken at a state Cabinet meeting chaired by Chief Minister Pinarayi Vijayan here today.21 Aug, 2018, 07.03 PM IST
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