- 25 Nov 2022 06:00 PM
- New
Competition Commission to check GST profiteering issues
NEW DELHI : With the National Anti-profiteering Authority (NAA)’s term coming to an end, anti-trust watchdog Competition Commission of India will have the mandate to monitor goods and services tax-related profiteering from 1 November, Central Board of Indirect Taxes and Customs (CBIC), said on Thursday.
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- 25 Nov 2022 06:04 PM
- New
Centre releases ₹17,000 cr in GST compensation to states
NEW DELHI: The central government on Friday said it has released ₹17,000 crore to states and union territories towards the balance Goods and Services Tax (GST) compensation for the April-June 2022 period.
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- 24 Nov 2022 06:48 PM
- New
'Current pace of credit growth looks sustainable if risk is well-priced'
MUMBAI : The banking sector will not find it challenging to continue growing the credit book at the current pace as long as the risk is understood and well-priced, SBI chairman Dinesh Khara said on Wednesday.
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- 24 Nov 2022 06:52 PM
Centre mandates CCI to check GST-related profiteering
The central government has given the mandate to check Goods and Services Tax (GST) related profiteering by businesses to anti-trust watchdog Competition Commission of India (CCI) from 1 November, as the term of the National Anti-profiteering Authority (NAA) comes to an end.
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- 23 Nov 2022 05:46 PM
Telcos want ₹32k cr input tax credit back
NEW DELHI : Telcos have asked the government to provide a clear definition of adjusted gross revenue based on which the industry’s levies and charges are calculated, besides seeking refund of ₹32,000 crore input tax credit on goods and service tax, as part of its key demands ahead of the Union Budget.
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- 23 Nov 2022 05:50 PM
No consensus in GoM on online gaming; panel to submit report
The ministerial panel on online gaming, casinos and race-course appointed by the Goods and Services Tax (GST) Council met on Tuesday but could not arrive at a consensus on a tax framework for these industries.
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- 23 Nov 2022 05:58 PM
Exporters may have great festive season amid withdrawal of GST exemption on outbound international freight
The pandemic resulted in severe supply disruption across the globe, and as result the freight rates are much higher today than it was during pre-pandemic.
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- 23 Nov 2022 06:04 PM
GST Doctor Web Application for holistic analysis of GST-Returns
GOVERNMENT OF INDIA MINISTRY OF FINANCE, DEPARTMENT OF REVENUE OFFICE OF THE PRINCIPAL CHIEF COMMISSIONER OF GST AND CENTRAL EXCISE TAMIL NADU AND PUDUCHERRY NO. 26 /1, MAHATMA GANDHI ROAD, CHENNAI 600 034 Ph : (044)28331010 Fax : (044) 28331015
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- 22 Nov 2022 05:29 PM
Infra sector seeks public expenditure hike, GST rationalisation from Budget 2023
With the Union Finance Minister Nirmala Sitharaman met infrastructure industry experts at the customary pre-budget meeting, the later sought rationalisation of Goods and Services Tax (GST), easier bank credit and a hike in public expenditure.
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- 22 Nov 2022 05:35 PM
Panel may recommend 28% GST on online gaming, tweak in calculation method
New Delhi: The panel of state finance ministers is likely to recommend a uniform GST levy of 28 per cent on online gaming irrespective of whether it is a game of skill or game of chance, sources said.
However, it is likely to suggest a revised formula for calculating the amount on which the Goods and Services Tax (GST) would be levied.