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GST regime News

19 Feb 2021

Bharat Bandh: CAIT threatens 'Chakka Jam' on February 26

The CAIT also called for a review of the GST system and its tax slabs to simplify and rationalise it for easier compliance by traders CAIT Secretary-General Praveen Khandelwal said it is also talking to the government on this issue All India Transporters Welfare Association will also support CAIT's Bharat Bandh call and hold a 'Chakka Jam' on February 26

Jaguar Land Rover

10 Mar 2018

High taxes will limit luxury car market growth in India: JLR India MD

He also said that the customs duty hike as proposed in the budget would further restrict the growth of the market.

30 Jan 2018

Union Budget 2018: Here is what insurance, real estate and tourism sector expect

These sector has been at the forefront of the Modi government agenda on account of its potential to propel economic growth significantly.

Dharmendra Pradhan

28 Nov 2017

Dharmendra Pradhan pitches for including gas in GST

Crude oil, petrol, diesel, aviation turbine fuel (ATF) or jet fuel and natural gas are not included in GST.

Moody's Indian economy

17 Nov 2017

Moody's upgrade positive signal for economy: Shaktikanta Das

Large number of reforms have happened in India in the last three years - economic, structural, and institutional. All measures have been on track.

10 Nov 2017

Businesses can revise GST transition claim form now

The functionality to fill the claim form was provided on the GSTN portal in August 2017.

07 Nov 2017

Assocham seeks government's help for exporters under GST regime

In the pre-GST regime, the Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) scrips were allowed to be used to pay excise duty/ service tax on the procurements.

06 Nov 2017

Govt may review monthly GST return filing process

Presently, businesses have to file returns in GSTR-1, GSTR-2 and GSTR-3 forms for every month. These forms detail outward supplies of taxable goods and/or services, inward supplies for claiming input tax credit and monthly return.

31 Oct 2017

Diwali was dim for fashion industry reeling under demonetisation, GST

Designer Samant Chauhan is disappointed that the festive season failed to raise the shoppers` spirit.

Goods and Services Tax

10 Oct 2017

Attempts to derail GST have failed: Arun Jaitley

Asserting that India is now a better place to do business with because of the series of steps being taken by the government in the last three years, Jaitley said procedures have been simplified.

09 Oct 2017

Not possible to extend concessions to Apple under GST regime: Source

Cupertino-based iPhone and iPad manufacturer Apple has sought certain concessions for setting up manufacturing unit in India.

07 Oct 2017

Industrial units in hills to get budgetary support: Suresh Prabhu

Under the GST regime, there is no provision for exemption but there is one section under the Act which permits refunds.

03 Oct 2017

GST anti-profiteering body: Govt to examine contours tomorrow

The chairman and members of the authority will have a term of two years or until they attain the age of 65 years, whichever is earlier, and shall be eligible for reappointment.

03 Oct 2017

GST anti-profiteering body: Govt to examine contours tomorrow

The chairman and members of the authority will have a term of two years or until they attain the age of 65 years, whichever is earlier, and shall be eligible for reappointment.

01 Oct 2017

Scope for reducing GST slabs, hints Arun Jaitley

Emphasising that indirect tax burden is borne by all sections of the society, the minister said it is always the endeavour of the government to bring down tax rates on mass consumption commodities.

28 Sep 2017

Merchant exporters send SOS to Finance Ministry, seeks timely refunds

Before the GST rollout, exporters had exemptions from Central and state taxes and now they want the same exemption continued against the electronic bond under the GST.

GST taxes refund

22 Sep 2017

Looking at ways to ensure timely refund of taxes: Finance Ministry

For July, where GSTR 1 form has been already filed by businesses, it said the authorities would be in a position to process the refund applications.

21 Sep 2017

30 lakh biz file GST returns, system robust: GSTN Chairman

As per the Central GST and State GST Acts, an interest at the rate of 18 per cent will be levied for delayed payment of tax and filing of returns.

19 Sep 2017

Hasmukh Adhia-led panel to meet on exporters' issues post GST today

This will be its first meeting ever since the constitution of the panel on September 12.

17 Sep 2017

GSTN reopens window for composition scheme

Taxpayers were earlier given time till August 16 to opt for composition scheme.

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