News
'Aggregate Turnover' doesn't include reverse charged inward supplies, GST element, explains CBEC
CBEC explains ‘aggregate turnover’ as defined in GST law, says it is a crucial parameter for deciding the eligibility of.....
Cess cap for motor vehicles hiked to 25%, not actual levy, says Finance Ministry
GST Council recommends increase in maximum ceiling of Cess leviable on motor vehicles falling under headings 8702 and 8703 including.....
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GST Council authorises Cess hike to 25% on SUVs, luxury and large cars
GST Council authorises Centre to hike cess on SUVs, luxury and large cars to 25% from 15%.....
GST Council revises service rates; GTA can discharge 12% GST under forward charge
GST Council at its 20th meeting, reduces rates on various services, including job-work services in respect of textiles and textile.....
Form GSTR-3B available on GST portal; GSTN webinar on filing on Aug 9
Facility to create and save Return Form GSTR-3B now available on GST portal; GSTN to hold a webinar on August.....
GST Council reduces rates on works contracts/tractor parts, approves e-way bills
After conclusion of GST Council meeting held in Delhi today, Finance Minister Arun Jaitley announces reduction in GST rate on.....
GSTsutra Special : Goods & Services Tax - The Month Gone By
India’s newest tax reform, viz. Goods & Services Tax (GST), has completed a month since its implementation. The new regime.....
Copies of Acts, Rules & Notifications issued by 10 States under GST
Copies of Acts, Rules & Notifications issued by Andhra Pradesh, West Bengal, Orissa, Tripura, Jharkhand, Telangana, Uttarakhand, Rajasthan, Haryana and.....
Directorate General-GST to be 'think tank', forward suggestions to CBEC's Policy Wing
CBEC lays down the charter of functions assigned to Directorate General of Goods and Services Tax (DGGST) consequent to implementation.....
CBEC releases FAQs for 8 sectors on GST
CBEC releases sector-wise FAQs on modalities GST; These sectors include Export, MSME, Food Processing, E-commerce, Drugs and Pharmaceutical, Mining, Handicraft.....
Lower House passes Bill to extend GST to Jammu & Kashmir
Lok Sabha passes Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Bill, 2017.....
Textile Ministry announces transitional rates for Rebate of State Levies of Garments & Made-ups
Ministry of Textiles allows exporters of garments and made-ups to claim Rebate of State Levies (ROSL) at pre-GST rates for.....
IGST on High Seas Sales transactions applicable once, during customs clearance, clarifies CBEC
CBEC issues clarification on leviability of IGST on High Sea Sales of imported goods and point of collection thereof; Reiterates.....
CBEC issues GST Guidance Note addressing legal issues of Textile Industry
CBEC issues GST guidance note comprising of FAQs and response of Sectoral Group to various legal issues faced by Textile.....
Eye Share : Taxing Freebies under GST
GST has been much promoted tax reform in India, and given that promotions such as ‘buy one get one free’.....
Compensation Cess / ITC refund available on zero rated supplies, clarifies Finance Ministry
Finance Ministry issues clarification relating to applicability of Compensation Cess leviable under Goods and Services tax (Compensation to States) Act,.....
Key takeaways from GST Webinar with Rohan Shah, R Sridhar & Pratik Jain
The special Webinar on GST witnessed a barrage of tricky questions being answered by renowned legal and tax Experts Rohan Shah (Advocate), R.....
Govt. relaxes conditions for availing All Industry Rates & caps for export drawback
Govt. amends the conditions to avail All Industry Rates and Caps of drawback w.e.f July 1, states that exporter must.....
Eye Share : Services before & after GST - Deciphering transition dilemma
The GST regime rolled out on July 1 amidst much confusion and celebration. On one hand, while the Govt. was.....
BRICS countries hail India’s GST reform during Revenue Heads' meet
In a meeting of Heads of Revenue and Tax Experts in China from July 25-27, BRICS countries appreciate and hail.....