News

CBEC Chairman Najib Shah bats for minimal exemptions; GST a new beginning for organisation
CBEC Chairman Najib Shah in an exclusive interview to CNBC TV 18 Managing Editor Sheeren Bhan, bats for minimal exemptions.....

Cabinet approves CBEC's Rs. 2256 Cr SAKSHAM project for integration with GST Network
Cabinet Committee on Economic Affairs approves Rs. 2256 Cr SAKSHAM project, a New Indirect Tax Network (Systems Integration) of CBEC;.....

Central Govt. releases Draft GST Rules & Formats on 'Return' and 'Refund'
Central Govt. releases draft Rules & formats on Returns & Refunds under GST regime, inviting comments by September 28; Draft Goods &.....

Central Govt. releases Draft GST Rules & Formats on Invoice, Payment & Registration
Central Govt. releases draft rules on payment, invoice & registration alongwith draft formats under GST regime, inviting comments by September 28 and.....

CBEC's GST FAQs inter alia explain classification, ITC time-limit, supply place for various transactions
FAQs on GST released by CBEC discuss various aspects emerging from draft Model law, such as HSN Code based classification.....

GST Council reaches consensus on dual control; Centre to govern existing ST assessees
Finance Minister Arun Jaitley, addressing a press conference after conclusion of 2-day 1st meeting of GST Council, announces that GST.....

FM announces Rs. 20 lakhs GST exemption threshold, State authorities to assess taxpayers below Rs. 1.5 Cr turnover
Finance Minister Arun Jaitley announces that exemption threshold for GST has been fixed at Rs. 20 lakhs, while threshold in.....

CBEC releases FAQs on GST covering 24 topics & 500+ questions
CBEC releases FAQs on Goods & Services Tax as a training tool for helping officers as well as public, to.....

Rohan Shah : GST notification a "self goal", excise duty & sales tax levy illegal
Speaking at Taxsutra’s “GST Round Table”, tax expert & ELP Managing Partner Rohan Shah terms excise duty & sales tax.....

Govt : No legal infirmity in Notifications, further clarifications not necessary
Revenue Secretary Dr. Hasmukh Adhia tweets that there is no legal infirmity in the Notifications issued by the Govt. (101st.....

GST deadline a race against time, says GST Panel Chairman Amit Mitra
West Bengal Finance Minister and Chairman of GST Panel, Amit Mitra tells CNBC TV 18 that Panel would have to.....

Revenue Secretary responds to Notification controversy, says will clarify legal position
Revenue Secretary Dr. Hasmukh Adhia responds to the questions being raised over notification of Constitutional amendments; States that Govt. will.....

Constitution Amendment Act notification creates confusion over Centre's power to levy excise duty
Notification of the 101st Constitution Amendment Act (on GST) creates confusion over Centre's power to levy excise duty.....

Govt. notifies various Sections of Constitution Amendment Act
Post Presidential assent, Govt. appoints Sept. 16 as the date on which several provisions of GST Constitution (One Hundred &.....

Cabinet approves setting-up of GST Council & Secretariat; First meeting on September 22-23
Union Cabinet approves setting up of GST Council under Article 279A of Constitution and its Secretariat with office at New.....

Cabinet approves process, formation and functioning of GST Council
Union Cabinet approves process, formation and functioning of GST Council : PTI .....

GST Council to be constituted within 60 days from September 12, notifies Finance Ministry
Central Govt. notifies Section 12 of The Constitution (One Hundred and First Amendment) Act 2016 w.e.f. September 12, 2016; As.....

Copy of the Constitutional Amendment Act for GST
Copy of the Constitutional (One Hundred and First Amendment) Act 2016 for GST post Presidential assent .....

President gives nod to GST Constitutional Amendment Bill
The Constitution (One Hundred and Twenty-Second) Amendment Bill 2014 for Goods & Services Tax receives Presidential assent .....

Former Solicitor General Mohan Parasaran weighs in on 'Money vs Finance' Bill controversy
Former Solicitor General and Senior Advocate Mohan Parasaran opines on the controversy surrounding introduction of GST Bill in Winter Session.....