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GST amendment News

Arvind Kejriwal govt

10 Aug 2021

Kejriwal govt amends GST to exempt Delhi traders from yearly audit

Before this GST amendment, the interest was charged on the entire output tax if there was a delay in the filing of GST (3B) Kejriwal govt amended Section 50 of the Goods and Services Bill Now, only the interest on Net Cash Liability is to be paid

Goods and Services Tax

18 Aug 2016

Despite politics, GST backbone on course for target date

Away from the public glare, a company set up by the government to create the logistical and IT backbone for the pan-India Goods and Services Tax (GST) regime will be ready to roll before the target date, as work didn`t stop even when political spats were delaying matters.

04 Aug 2016

'Travel may be costlier in short-term due to GST'

Consumers may have to pay more for travel and holidays in the short-term when GST is implemented, but in the long-run they will benefit following removal of duplication of tax incidences on hotels and airlines, according to travel service providers.

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