- 25 Jun 2022 05:55 PM
- New
MakeMyTrip joins Global Sustainable Tourism Council
NEW DELHI : Online tour operator MakeMyTrip has joined the Global Sustainable Tourism Council (GSTC) in order to drive sustainable tourism practices.
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- 25 Jun 2022 05:59 PM
- New
GST compensation cess on luxury items extended till March 2026
New Delhi: The government has notified the extension of the Goods and Services Tax (GST) compensation cess levied on items in the 28% slab till March 2026.
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- 24 Jun 2022 05:02 PM
- New
States to push for continuing GST compensation beyond June
The GST Council at its meeting next week is likely to be a stormy affair with the opposition-ruled states aggressively pushing for the continuation of compensation for revenue loss, while the Centre will defend such a move citing a tight revenue position.
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- 24 Jun 2022 05:12 PM
The growing case for the end of GST compensation
Goods and services tax (GST) collections have picked up across states, narrowing their revenue shortfall, and eroding their case for a continuation of the GST compensation.
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- 24 Jun 2022 05:17 PM
GST council to approve 6th e-invoice generation portal
NEW DELHI : The government is increasing the number of portals for registering e-invoices from just one to six as it takes the digital route to plug indirect tax collection leakages in the run-up to a meeting of the Goods and Services Tax Council next week.
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- 24 Jun 2022 05:23 PM
GST exemptions on healthcare services: More clarifications are expected shortly
A number of clarifications regarding tax rates, including exemptions for assisted reproductive technology (ART) or in vitro fertilisation (IVF), as well as the application of GST on the payment of honoraria to guest anchors, may shortly be released by the GST department.
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- 24 Jun 2022 05:27 PM
GST Council likely to exempt small online sellers from registration requirement
New Delhi: To encourage online retail, the GST Council is likely to exempt small entities making supplies through e-commerce from mandatory registration requirement and allow them to opt for composition scheme. This will bring them on a par with offline players by providing a level playing field.
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- 24 Jun 2022 05:36 PM
GST Council may consider changes in monthly GST payment form
The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability.
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- 23 Jun 2022 06:06 PM
GST Council to consider rate change on only a handful of items in meet next week
New Delhi: The GST Council, which is scheduled to meet next week, will take up changes in tax rates on only a handful of items where the fitment panel has recommended a revision, as per the agenda document reviewed by Mint.
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- 23 Jun 2022 06:10 PM
GST Council may reject demand to reduce GST rate on over 200 items
A ministerial panel will meet next week to discuss the proposed changes in the goods and services tax (GST) rate for over 200 items. The panel of government officials has proposed a change in GST rate for several items, including tetra-packs, even as it rejected demands for a reduction in levy over 200 goods and services to ease the inflationary burden on consumers, a Business Standard report said.
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