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PROCEDURAL FAIRNESS IN GST
Missed GST return filing? Your GST registration could be suspended; check the legal positionGST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight ...
Budget 2026: A transformative step toward a simpler, more competitive IndiaOne of the most impactful themes this year is the government’s commitment to decriminalisation and ease of compliance.
BJP resolution urges businesses to pass on GST cut benefits to consumersA BJP resolution, lauding PM Modi's GST rate cut, urges manufacturers and traders to pass on the benefits to consumers, fostering fairness ...
CBIC outlines detailed procedures for review, revision, and appeal for orders passed by Common Adjudicating AuthoritiesThe CBIC has established clear procedures for review, revision, and appeal of orders issued by Common Adjudicating Authorities, addressing ...
Govt notifies rules for GST appellate tribunals; provides for mandatory e-filing, hybrid hearingThe government has established Goods and Services Tax Appellate Tribunal (GSTAT) rules mandating e-filing and hybrid hearings. Urgent matte...
Big relief for GST taxpayers: Protection against arbitrary arrest and coercion by GST officers; CBIC changes arrest and bail guidelines under GSTGST Arrest: Now a GST registered person can't be arbitrarily arrested and also coerced into admitting GST tax demand liability. This is bec...
Finance Minister Sitharaman asks CBIC to settle classification issuesThe tax officials under GST has detected fake ITC evasion of ₹.1.14 lakh crore from the year 2020 till date. "Fake entities and GST evasion...
Two years of GST: The past, present and expectationsHiccups are expected in anything new, but after two years there has to be a climate of certainty with smooth GSTN network and minimum chang...
Vindication is more than a compensationEven Rs 2 is a lot when personal dignity is at stake, not merely a railway ticket refund.
Authority rejects plaint against not passing on GST rate cut gainsIn November last year, GST was lowered to 5% from 18% for all restaurants, except those located within hotels with room tariffs of Rs 7,500...
Frequent changes in GST may muddle the tax systemGovernment of India must work towards not just simplifying procedures but also towards lowering and converging rates.
GST reboot: A degree of comfort for India Inc, a call to help ease transitionThe tax rate for all restaurants, barring those in luxury hotels, was trimmed to 5%, without any input tax credit.
India Inc hopes for more cheer from GST councilThere is good news on readiness of supply chain involving distributor and retailers with a strong majority of the respondents i.e 72% 'fair...
GST still has some way to go before it becomes a genuinely uncomplicated taxIndustry has been largely supportive of GST and, with a notable exception of textile sector, there was little or no resistance across the c...
GST ratings will help you know how genuine your trader isThe tax compliance rating, that'll be on the lines of credit rating of companies, will be done automatically and displayed on the web porta...
Job loss, higher inflation ahead as India begins the GST journeyRajya Sabha cleared the GST bill, thereby empowering the Centre and the state legislatures to have concurrent powers to make laws on GST.
Budget 2016: Government may be tempted to tweak service tax ratesThe government could be tempted to consider tweaking the service tax rates especially keeping in mind the expected standard GST rate of 17-...
Bad elements in tax department to be dealt with: Revenue Secretary Hasmukh AdhiaSimplification of rules and procedures and transparency through use of technology will be the topmost item of my attention in the next few ...
April 2017 is a more realistic deadline for GST: Mythili Bhusnurmath, Consulting Editor, ET Now"There is a central GST Act, there is a state GST Act, there is an integrated GST Act; all these bills have to be passed."
- Cess may be scrapped on way to GST
The government may end the practice of using cess as means of raising funds for specific purposes as it reforms the country's indirect tax ...