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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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Government Cuts Tax On Oxygen Concentrators For Personal Use
The government on Saturday slashed Integrated GST rate on oxygen concentrators for personal use to 12 per cent, from 28 per cent earlier, for two months till June 30.
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GST Refund, Not For Foreigners, Says Government
Foreigners coming to India may not get GST refunds on goods purchased and carried back by them as the government has not invoked relevant provisions of the Integrated Goods and Services Tax Act yet, the Finance Ministry has said in reply to an RTI query.
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AMD Ryzen 3 2200G and Ryzen 5 2400G Processors With Integrated Graphics Launched
Almost exactly a year after taking the PC market by storm with its new Ryzen series, AMD has launched its first desktop models with integrated graphics.
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GST Network Rolls Out New Facility For Exporters To Claim Refunds
An exporter can claim refund of Integrated GST (IGST) paid at the time of export by filling the details of the shipping bill and tax paid GST invoice in his Form GSTR1 in the relevant month.
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GST Collection Stands At Rs 92,150 Crore In September
Collection under compensation cess stood at Rs 7,988 crore, of which Rs 722 crore is compensation cess from imports in September.
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GSTN App To Be Launched This Week, Says Chief Prakash Kumar
"A separate online app for claiming Integrated GST refunds for August and September would be made available on GSTN portal this week," said the portal's Chief Executive Officer.
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Exporters To Get GST Refund In Bank Account Filed With Customs
Central Board of Excise and Customs asks exporters to align their bank account details declared to the customs with that of GST regime.
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Eating Out To Get Cheaper? How Restaurants Should Be Taxed To Be Reviewed
Hinting that the government was open to revisiting the tax rate that people had to pay for eating out, Finance Minister Arun Jaitley on Friday announced that a group of finance ministers would take a complete relook at the way the restaurants should be taxed.
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AMD Announces India Prices and Availability of Low-Cost Ryzen 3 CPUs
AMD is bringing its Zen architecture to the budget desktop space with the new Ryzen 3 CPU lineup.
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
Government Cuts Tax On Oxygen Concentrators For Personal Use
The government on Saturday slashed Integrated GST rate on oxygen concentrators for personal use to 12 per cent, from 28 per cent earlier, for two months till June 30.
-
GST Refund, Not For Foreigners, Says Government
Foreigners coming to India may not get GST refunds on goods purchased and carried back by them as the government has not invoked relevant provisions of the Integrated Goods and Services Tax Act yet, the Finance Ministry has said in reply to an RTI query.
-
AMD Ryzen 3 2200G and Ryzen 5 2400G Processors With Integrated Graphics Launched
Almost exactly a year after taking the PC market by storm with its new Ryzen series, AMD has launched its first desktop models with integrated graphics.
-
GST Network Rolls Out New Facility For Exporters To Claim Refunds
An exporter can claim refund of Integrated GST (IGST) paid at the time of export by filling the details of the shipping bill and tax paid GST invoice in his Form GSTR1 in the relevant month.
-
GST Collection Stands At Rs 92,150 Crore In September
Collection under compensation cess stood at Rs 7,988 crore, of which Rs 722 crore is compensation cess from imports in September.
-
GSTN App To Be Launched This Week, Says Chief Prakash Kumar
"A separate online app for claiming Integrated GST refunds for August and September would be made available on GSTN portal this week," said the portal's Chief Executive Officer.
-
Exporters To Get GST Refund In Bank Account Filed With Customs
Central Board of Excise and Customs asks exporters to align their bank account details declared to the customs with that of GST regime.
-
Eating Out To Get Cheaper? How Restaurants Should Be Taxed To Be Reviewed
Hinting that the government was open to revisiting the tax rate that people had to pay for eating out, Finance Minister Arun Jaitley on Friday announced that a group of finance ministers would take a complete relook at the way the restaurants should be taxed.
-
AMD Announces India Prices and Availability of Low-Cost Ryzen 3 CPUs
AMD is bringing its Zen architecture to the budget desktop space with the new Ryzen 3 CPU lineup.
