While automobile industry clamours for a cut in GST, differences have now arisen over when it should be done.

I-T dept is probing whether the tax treatment of discounts during transition to GST was done properly.

This government’s tax collection figures are much better than the erstwhile regime, says Rohira.

At least 20 partners and as many as 50 directors in top firms have either quit or will leave in coming months.

Under GST supply includes all forms of supply of goods or services such as sale, transfer, barter, rental, lease or disposal made or agreed...

The anti-profiteering format will be simplified so that complaints can be made on a single page.

Exporters who could not meet targets are now unable to get credit on imported raw material.

Industry fears getting caught in a crossfire between the Centre and state officials for enforcement action.

Tax experts had predicted that richer states, like AP, Tamil Nadu, Maharashtra and Gujarat, may get aggressive as they could see fall in th...

Industry sources said companies are working on the new prices, which would come into effect once the GST notification is issued.

According to two people in the know, the scrutiny is currently focused on transactions where the payment is at least Rs 30 lakh.

One of the advantageous factor under GST is removal of all the octroi check post and nakas, says Suresh Nandlal Rohira.

The e-way bill is aimed at doing away with physical checks by state officials and ideally should reduce transit time across state borders, ...

Cab companies are waiting for a “categorical clarification” on whether state entry and exit taxes will go away once GST kicks in.

The Anti-Profiteering Authority can order the reduction in price commensurate with the lowering of incidence of taxation under the new indi...

Similarly, if you plan to buy a house after July 1 in a project that is complete or nearing completion, you will have to pay tax at the rat...

After allowing for credit for taxes paid on inputs such as cement, steel, paints and other items, the actual burden will be lower.