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New GST returns filing system ready but govt may not rollout before polls

The new simplified returns filing format, approved by the GST Council in July, was expected to be implemented by January 2019. But, recognising that...

GST: Deadline extended for filing tax deducted at source (TDS) returns

The government has extended the due date of filing tax deducted at source (TDS) returns under GST laws for the October-December period till January...

GST on banks’ ‘free services’ may be passed on to customers

Faced with the prospect of paying goods and services tax (GST) on ‘free services’ provided to customers who maintain a minimum balance in their...

Government extends deadline for GST return filing for taxpayers affected by cyclones

The government has extended the date for filing summary GST sales returns for October by a month to December 20 for taxpayers affected by...

GST collection: Couple of highs, but way short of Rs 12 trillion target

The collections from Goods and Services Tax (GST) was projected to be Rs 12 trillion in the current financial year. In other words, each...

FASTag: How GST will cruise ahead with new-age tech

The government took a leap in logistics by introducing e-way bills to check tax evasion by tracking the movement of goods and establishing direct...

Annual return tab enabled on GST portal; FIEO appreciates the initiative

The Goods and Services Tax Network (GSTN) has enabled the option of ‘Annual Return Tab’ on GST portal for filing annual GST return. Calling it...

E-Way Bill-GST Alert! This Modi govt action plan will make tax theft impossible

In a bid to check GST evasion and also facilitate the faster movements of goods, the Union government's Revenue department is now planning to...

Can govt make up for shortfall in GST revenue collections?

Meeting the budgeted fiscal deficit target for the year looks difficult, especially in light of unimpressive revenue collections from the goods and services tax...

Revenue department plans linking e-way bill with FASTag, logistics data bank to check GST...

The revenue department is planning to integrate e-way bill with NHAI's FASTag mechanism and DMICDC's Logistics Data Bank (LDB) services, to facilitate faster movement...

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