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Kerala Objects To Centre Deducting Rs 332 Crore From Tax Settlement
The Kerala government on Saturday raised an objection to a deduction of around Rs 332 crore from the settlement of Integrated Goods and Services Tax (IGST) for November 2023 to the state.
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Centre's "Erroneous" IGST Process Led To Deficit Under-Reporting: Audit Body
The CAG has pulled up the union government for adopting an erroneous process of devolution of IGST to states and short-transfer of cesses to reserve funds, which resulted in under-reporting of deficit figures for the 2017-18 and 2018-19 fiscals.
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Supreme Court Stays High Court Order On Taxing Imported Oxygen Concentrators
The Supreme Court today stayed a Delhi High Court order holding as "unconstitutional" the imposition of Integrated Goods and Services Tax (IGST) by the Centre on import of oxygen concentrators by individuals for personal use.
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"Unconstitutional": Court On IGST On Imported Oxygen Concentrators For Personal Use
The Delhi High Court Friday held as "unconstitutional", the imposition of Integrated Goods and Services Tax (IGST) by the Centre on import of oxygen concentrators by individuals for personal use.
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Exporters Claim Rs 6,500 Crore Refund In First 4 Months Of GST Rollout
Government asks exporters to file claims in proper form with matching shipping bills to facilitate early settlements.
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Tax Reform GST Heads For July 1 Rollout, Crucial Bills Cleared: 10 Facts
After an eight-hour debate, the Lok Sabha on Wednesday passed four GST or Goods and Services Tax-related bills putting the government on course for the launch on July 1 of the country's biggest tax reform since Independence. GST will subsume a slew of indirect taxes levied by the Centre and states, transforming India into a single market. The bills...
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The Four GST Bills Being Debated In Parliament Today Explained Here
Parliament will today debate and vote on four supporting bills crucial to the implementation of the Goods and Services Tax, which will subsume a slew of indirect taxes currently levied by the centre and states. On the table in the Lok Sabha is the Central Goods and Services Tax (CGST) Bill, 2017, along with three other related bills, providing for ...
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After 7-Hour GST Debate In Lok Sabha Today, 250 Clauses Will Be Put To Vote: 10 Facts
Four Bills related to the Goods and Services Tax or GST will be debated in the Lok Sabha or lower house of Parliament today, as the government pushes to meet a July 1 launch date for the unified tax regime that subsumes a slew of indirect taxes at the centre and in states. Seven hours have been allotted for today's debate, which is likely to begin ...
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Dual Control, IGST Decisions Pending: Arun Jaitley After Council Meet
Union minister Arun Jaitley today said most of the issues in the Implementation of Goods and Services have been sorted out and he is hopeful that they will meet the April 1, 2017.
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GST Law To Have Anti-Profiteering Clause, Rate Capped At 28%
In order to prevent any rise in price of commodities after GST implementation, the Centre has proposed an 'anti-profiteering' measure to ensure that trade and industry pass the benefits of reduction in tax rates to consumers.
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For Smooth Passage, Centre Plans To Bring GST Bills As Money Bills
With several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.
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GST Council To Meet Tomorrow, Decide On Tax Rate By October 20
The crucial three-day meeting of the all-powerful GST Council, starting tomorrow, will decide on the tax rate and sort out issues like compensation formula for rollout of the new indirect tax regime from April 1, 2017.
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'Real Work Begins' As Government To Announce GST Implementation Roadmap Today
With Rajya Sabha approving the GST bill, the government will today announce the implementation roadmap for the national sales tax regime, Revenue Secretary Hasmukh Adhia said.
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Kerala Objects To Centre Deducting Rs 332 Crore From Tax Settlement
The Kerala government on Saturday raised an objection to a deduction of around Rs 332 crore from the settlement of Integrated Goods and Services Tax (IGST) for November 2023 to the state.
-
Centre's "Erroneous" IGST Process Led To Deficit Under-Reporting: Audit Body
The CAG has pulled up the union government for adopting an erroneous process of devolution of IGST to states and short-transfer of cesses to reserve funds, which resulted in under-reporting of deficit figures for the 2017-18 and 2018-19 fiscals.
-
Supreme Court Stays High Court Order On Taxing Imported Oxygen Concentrators
The Supreme Court today stayed a Delhi High Court order holding as "unconstitutional" the imposition of Integrated Goods and Services Tax (IGST) by the Centre on import of oxygen concentrators by individuals for personal use.
-
"Unconstitutional": Court On IGST On Imported Oxygen Concentrators For Personal Use
The Delhi High Court Friday held as "unconstitutional", the imposition of Integrated Goods and Services Tax (IGST) by the Centre on import of oxygen concentrators by individuals for personal use.
-
Exporters Claim Rs 6,500 Crore Refund In First 4 Months Of GST Rollout
Government asks exporters to file claims in proper form with matching shipping bills to facilitate early settlements.
-
Tax Reform GST Heads For July 1 Rollout, Crucial Bills Cleared: 10 Facts
After an eight-hour debate, the Lok Sabha on Wednesday passed four GST or Goods and Services Tax-related bills putting the government on course for the launch on July 1 of the country's biggest tax reform since Independence. GST will subsume a slew of indirect taxes levied by the Centre and states, transforming India into a single market. The bills...
-
The Four GST Bills Being Debated In Parliament Today Explained Here
Parliament will today debate and vote on four supporting bills crucial to the implementation of the Goods and Services Tax, which will subsume a slew of indirect taxes currently levied by the centre and states. On the table in the Lok Sabha is the Central Goods and Services Tax (CGST) Bill, 2017, along with three other related bills, providing for ...
-
After 7-Hour GST Debate In Lok Sabha Today, 250 Clauses Will Be Put To Vote: 10 Facts
Four Bills related to the Goods and Services Tax or GST will be debated in the Lok Sabha or lower house of Parliament today, as the government pushes to meet a July 1 launch date for the unified tax regime that subsumes a slew of indirect taxes at the centre and in states. Seven hours have been allotted for today's debate, which is likely to begin ...
-
Dual Control, IGST Decisions Pending: Arun Jaitley After Council Meet
Union minister Arun Jaitley today said most of the issues in the Implementation of Goods and Services have been sorted out and he is hopeful that they will meet the April 1, 2017.
-
GST Law To Have Anti-Profiteering Clause, Rate Capped At 28%
In order to prevent any rise in price of commodities after GST implementation, the Centre has proposed an 'anti-profiteering' measure to ensure that trade and industry pass the benefits of reduction in tax rates to consumers.
-
For Smooth Passage, Centre Plans To Bring GST Bills As Money Bills
With several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.
-
GST Council To Meet Tomorrow, Decide On Tax Rate By October 20
The crucial three-day meeting of the all-powerful GST Council, starting tomorrow, will decide on the tax rate and sort out issues like compensation formula for rollout of the new indirect tax regime from April 1, 2017.
-
'Real Work Begins' As Government To Announce GST Implementation Roadmap Today
With Rajya Sabha approving the GST bill, the government will today announce the implementation roadmap for the national sales tax regime, Revenue Secretary Hasmukh Adhia said.
