News
24 States pass GST Act; 7 States including Tamil Nadu, Karnataka yet to pass
24 States have passed SGST Act till date, while 7 States viz. Meghalaya, Punjab, Tamil Nadu, Karnataka, Kerala, Jammu &.....
Rules on Returns & formats reflect slew of changes; Require detailed data of 'supplies'
GST Rules for Returns and formats thereof including mismatch reports, reflect a slew of changes from the drafts released earlier;.....
PM Modi reviews GST readiness for July 1; Cautions maximum cyber-security in IT systems
PM Narendra Modi reviews status of GST, says “implementation of the GST from July 1 is the culmination of concerted efforts.....
Co. liable to register for event in different State; ITC on delayed payment interest available
Govt. of India tweets that where a company in Maharashtra holds an event in Delhi, it will have to obtain.....
Partners' remuneration besides profit-share, taxable; No IGST credit cross-utilisation among distinct persons
Govt. / CBEC clarifies over twitter that remuneration to Partners over & above share of profits is not in nature.....
CBEC releases Rates Schedule for 26 Chapters, amendments to earlier rates & IGST exemptions
CBEC releases GST Rates Schedule for 26 Chapters pursuant to GST Council meeting yesterday; These goods include inter alia edible.....
Council fixes 3% GST on gold; To set up Committee for anti-profiteering complaints
15th meeting of GST Council concludes, decides to set up a Committee to entertain complaints relating.....
CBEC releases final Returns Rules & formats alongwith GST practitioners formats
CBEC releases final GST Returns Rules alongwith formats thereof, including mismatch form; Also releases formats for GST practitioners which include.....
GST Council finalises Transition Rules, agrees on July 1 rollout; To discuss commodities' rates
GST Council finalizes Transition Rules while agreeing to raise the input tax credit for existing stock; Everyone has agreed to.....
GSTN showcases enrolment status; Karnataka, Tamil Nadu, Maharashtra & Gujarat record around 90% completion
GSTN showcases the State-wise enrolment statistics as on April 30; 88.59% enrolment completed in Karnataka, while Tamil Nadu hits 86.51%; Maharashtra.....
CNBC TV18-BMR Advisors Poll - 62% CEOs say July 1 roll-out unrealistic, IT Preparedness & Vendor/dealers readiness big concerns
CNBC TV18 & BMR Advisors CEO poll reveals a nervous India Inc. as the countdown begins to the GST roll-out;.....
GST Provisional Ids for dealers registered upto May 12th available on Maharashtra VAT portal
Provisional Ids and Access Token of Phase 5 dealers now available on Maharashtra VAT portal for GST migration; In Phase.....
Maharashtra carries out GST related amendments to MVAT, Profession Tax and other Acts
Maharashtra Governor grants assent to the Maharashtra Goods and Services Tax related Laws (Amendments, Validation and Savings) Bill, 2017 on.....
Delhi FM says GST rates impractical, to raise traders' concerns at Council meet
Delhi FM Manish Sisodia says that many GST rates which have been decided are impractical; Daily use goods such as.....
Delhi Assembly passes SGST Bill in a special session
Delhi Assembly clears SGST Bill with voice vote in special session, even as Chief Minister Arvind Kejriwal pitches for capping.....
GSTIN declaration mandatory in Customs documents from July 1; IEC / PAN updation necessary
CBEC mandates declaration of valid GSTIN in Customs documents, viz bills of entry and shipping bills w.e.f. July 1, 2017,.....
GST Council may finalise Return formats on June 3; Cess 'additive', not 'multiplicative' in nature
Govt./ CBEC tweets clarifications on queries put forth by public, states that GST Return forms are likely to be finalized.....
Comprehensive editorial coverage of GST Camp Panel discussions at Hyderabad & Bengaluru
Taxsutra GST Camp at Hyderabad and Bengaluru last week witnesses riveting discussions on contentious aspects of GST, such as place.....
Govt. sets up Twitter handle for IT and GSTN related queries
Govt./CBEC sets up twitter handle @askGSTech to reply to queries pertaining to IT and GSTN related matters......
SGST Bills passed by Nagaland and Himachal Pradesh
Nagaland & Himachal Pradesh Assemblies pass SGST Bills respectively; Tally reaches 23......