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India pitches GST to make a strong case for jump in World Bank’s Doing...

The government is pitching the new indirect tax system—Goods and Services Tax (GST)—as one of the vehicles for raising India’s rank in the World...

28% GST on luxury hotels likely to stay

The 28% GST tax on luxury hotels with tariffs of Rs 7500 and above is likely to stay despite the hotel industry lobbying to...

You don’t even have 0.77999999999883585 per cent chance to escape GST scrutiny

The promise of the Goods and Services Tax (GST) to bring clarity has finally started showing. As GST officers unleash the force of data...

GoM on incentivising digital payments under GST to meet on May 11

Bihar Deputy Chief Minister Sushil Kumar Modi-led ministerial panel on incentivising digital payments under GST will meet on May 11 to assuage concerns expressed...

Underpayment of GST by about 34%, firms get scrutiny notices for mismatch

GST officers have started sending scrutiny notices to companies whose tax payment did not match the final sales return, after revenue authorities detected underpayment...

Changing face of filing returns under GST

Original Model Three forms are to be filed in a month and one additional annual return. So, total 37 returns are to be filed. GSTR1 is...

GST Council to take a call on converting GSTN into a Govt-owned company

Amid data security concerns, the GST Council will take a call on converting GST Network (GSTN), the IT backbone of the indirect tax system,...

GST Council to select hybrid model for simplifying filing returns on Friday

In a relief for businesses, the Goods and Services Tax Council is to simplify filing of returns at a meeting on Friday, through a...

April GST collections cross Rs 1 trillion, Jaitely terms it ‘landmark’

Buoyed by GST collections exceeding Rs 1 trillion in April, Finance Minister Arun Jaitley today said it is a landmark achievement and a confirmation...

GST revenue target set at Rs12 trillion for FY19

The GST Council has set Rs12 trillion as the target for goods and services tax collections for the current financial year, buoyed by rising...

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