- 03 Dec 2021 07:24 PM
- New
Job hoppers may have to pay GST for not serving the notice period. Details here
The employer can charge 18 per cent GST on the total recoveries accruing on the employee leaving the organisation without serving the notice period., say experts.
Read More
- 03 Dec 2021 07:00 PM
- New
Apparel retailers warn that GST rate hike will hit demand
The GST rate hike announcement came just when apparel brands were reporting a recovery in demand
Read More
- 01 Dec 2021 03:45 PM
- New
November gross GST collection at Rs 1,31,526 crore, 2nd highest ever
The revenues for November are the second highest ever since introduction of GST. The highest-ever revenues were collected in April this year.
Read More
- 30 Nov 2021 02:31 PM
Vivek Johri appointed as CBIC chairman
Source: https://www.livemint.com/news/india/vivek-johri-appointed-as-cbic-chairman-11638117968487.html
Johri, a senior civil servant, is currently a member of the CBIC, handling GST and tax policy
Read More
- 30 Nov 2021 02:52 PM
GST on notice pay, group insurance, phone bill: AAR
This tax complication comes at a time when top companies are complaining of high attrition. The ruling in the case of Bharat Oman Refineries is set to result in scrutiny by the tax department in the coming months as there's already confusion over the issue.
Read More
- 30 Nov 2021 03:11 PM
Gross GST Collection in FY 2021-22 shows increasing trend
Source: https://taxguru.in/goods-and-service-tax/gross-gst-collection-fy-2021-22-shows-increasing-trend.html
The gross GST Collection in FY 2021-22 post COVID-19 pandemic outbreak are showing an increasing trend. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in written reply to a question in Lok Sabha today.
Read More
- 29 Nov 2021 02:20 PM
CBIC tells officials to help boost Nov GST collections
The indirect tax authority urged senior officials to guide field officers to gently remind all taxpayers to file returns and deposit the due tax amount in time
Read More
- 26 Nov 2021 02:17 PM
Centre urged to defer GST rate hike on apparels
The proposed merger of 12 per cent and 18 per cent slabs to a single rate will result in a staggering increase of 30 per cent in the GST rate for garments.
Read More
- 26 Nov 2021 03:02 PM
‘Completely unjustifiable’ GST rate hike on apparel, textiles and footwear show the Govt has no easy choices
The Government wanted to correct a tax anomaly, but in the process the apparel, textiles and footwear sectors believe the move would lead to a significant hike in their cost of production.
Read More
- 24 Nov 2021 03:41 PM
Retailers Association of India urges govt to reconsider proposed GST rate hike on textiles, apparels
RAI asked "the central and state governments and GST Council to reconsider its decision to prevent a complete collapse of the sector and maintain an atmosphere of hope and certainty." It further said, "A far more beneficial and reasonable solution is to make the entire value chain subject to a flat 5 % GST rate. This will not only resolve the inverted duty structure anomaly but also give a fillip to the industry."
Read More