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GST law
GST law News
GST
22 Dec 2021
GST officials to directly recover for mismatch in sales in GSTR-1, 3B from Jan
Under the current law, show cause notices were first issued and then recovery process was initiated. There will be now show-cause notices from Jan 1. Section 75 of GST Act states where there is any self-assessed tax, then it can be recovered without issuing show-cause notice.
PM Narendra Modi
01 Sep 2017
Human interface must be kept to a minimum in tax administration: PM Modi
The Prime Minister also asked officers to use data analytical tools to proactively track and determine undeclared income and wealth.
5 percent Goods and Services Tax (GST)
04 Jul 2017
5% GST on devices for disabled would lead to lower prices: Finance Ministry
The official clarification comes after Congress criticised the governemnt for levying GST on wheelchairs and Braille typewriters and demanded a full roll-back of the "disability tax".
GST Network
30 Jun 2017
GSTN launches Excel template for filing GST returns
The Excel template, comprising eight worksheets, is part of GST Network's approach to make tax compliance easy and convenient for taxpayers and also reduce the time of compliance.
GST
18 Feb 2017
GST Council to finalise draft model GST law today
The GST Council is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause to ensure benefit of lower taxes gets shared with consumers on Saturday.
GST
17 Feb 2017
GST Council to finalise draft model GST law on Saturday
The GST Council, which is meeting on Saturday, is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause to ensure benefit of lower taxes gets shared with consumers.
E-commerce
26 Nov 2016
E-commerce firms to deduct 2% TCS while making payments to suppliers
E-commerce business firms will have to deduct TCS (tax collected at source) while making payments to their suppliers.
GST law
26 Nov 2016
GST law to have anti-profiteering clause, highest slab capped at 28%
To restrict any rise in the commodity prices post goods and services tax (GST) implementation, Centre has proposed an 'anti-profiteering' measure to ensure that trade and industry pass the benefits of reduction in tax rates to consumers.
Goods and Services Tax
14 Nov 2016
Centre to share model GST law with states on Tuesday
The Centre will share the draft model GST law with the states on Tuesday as it prepares for the rollout of Goods and Services Tax (GST) from April 1 next year, CBEC Chairman Najib Shah said today.
GST
26 Sep 2016
KPMG-Ficci tie up for GST awareness
Tax consultancy firm KPMG on Monday said it has tied up with industry chamber Ficci for an awareness campaign on GST to highlight benefits and challenges of the new indirect tax regime.
GST law
19 Aug 2016
Industry chambers meet Adhia, discuss model GST law
Raising concerns over the model GST law, industry chambers today sought more clarity on various issues like dual administrative control, discretionary power of tax authorities and taxation of electricity.
GST law
30 Jul 2016
'One nation one tax' will reduce taxes and introduce ease of doing business: FM Arun Jaitley
As the government gears up for a fresh push to get the long-pending GST law passed, Finance Minister Arun Jaitley today said the 'one nation, one tax' regime will reduce the taxation levels and also eliminate corruption.
GST
28 Jul 2016
Government takes big step to pass GST bill, eliminates 1% additional tax provision
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
GST
28 Jul 2016
GST Bill might get approved in this session
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
GST law
12 Oct 2015
Centre circulates model GST laws among states
Getting ready to roll out Goods and Service Tax in 2016, the Central and State governments have agreed on the draft model Goods and Services Tax law, which is expected to be put up in public domain by early November.
GST
13 Aug 2015
GST: Session not prorogued, govt options open
Government on Thursday appeared to be keeping its options open on convening a special session of Parliament for enacting the GST law on which Finance Minister Arun Jaitley declared that it was determined to stick to the rollout deadline of April 1, 2016.
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