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FinMin asks industry to be cautious while filing annual GST returns form

The Finance Ministry on Thursday asked trade and industry to exercise caution while filing the annual GST returns form as the facility to revise...

Abbott fined Rs 96 lakh for profiteering from GST

The anti-profiteering body has held that US pharmaceutical company Abbott Healthcare did not pass on the benefits of the goods and services tax to...

Input Tax Credit Removal On Select Items Goes Against The Very Spirit Of GST:...

The government last month slashed the Goods and Services Tax (GST) on the real estate sector, but along with that it also did away...
GST

Govt detects Rs 20,000 cr GST evasion in April-Feb FY’19

The government has detected Rs 20,000 crore worth GST evasion so far this fiscal and will take more steps to check frauds and increase...

With GST rate cut, you have another reason to buy a home

Demand for residential properties is expected to receive a major boost following the government’s decision to cut the goods & services tax (GST) rates...

GST: Ice cream, tobacco, pan masala to be excluded from higher threshold limit

Entities engaged in businesses of ice cream, pan masala and tobacco will not be eligible for the proposed higher threshold limit for mandatory registration...

GoM favours uniform tax on lottery, GST Council to decide rate on February 20

A state ministerial panel set up to review tax rate on lottery Monday favoured a uniform GST rate of either 18 per cent or...

One lakh students to be trained in GST accountancy, govt to fund fees

The Institute of Cost Accountants of India (ICAI) would provide training to about one lakh students on the soon-to-be launched GST Accountants course, a...
gst-11

GST Council expected to meet on February 20

The GST Council is likely to meet on February 20 to consider the recommendation of a group of ministers on GST on property under...
GST Rate Cut

Cement rate cut to 18% on the agenda of GST meet

The GST Council will consider a proposal to slash the tax on cement to 18 per cent from 28 per cent at its meeting...

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