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GST Latest News

GST Compensation Cess may see a Downfall of Rs. 63000 C...

GST Compensation Cess

The purpose of the GST regime is to benefit both the buyer and the seller and make compliance easier for businesses. However, the implementation of GST cre...

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GST Latest News

Government to Announce Relaxation from GST for Companie...

Relaxation from GST for Companies under IBC Process

The government of India along with the Ministry of Corporate Affairs and Department of Revenue has come up with the initiative to permit companies who are...

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GST

38th GST Council Meeting: A Complete Overview

38th GST Council Meeting

Amid the expectations of an increase in goods and service tax (GST) rates and slabs to meet the revenue shortfall, Hon’ble Union Finance Minister Nirmala...

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GST

Government to Introduce E-Invoicing under GST

Government to Introduce E-Invoicing under GST

The GST Council has confirmed the introduction of E-invoicing for reporting the business to business (B2B) invoice to the GST System. E-invoicing is propos...

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GST Returns Startup

CBIC withdraws GST Circular on Supply of ITeS

CBIC withdraws GST Circular on Supply of ITeS

The Central Board of Indirect Taxes and Customs has withdrawn the circular published earlier in July this year which created a confusion on whether ITeS se...

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GST Returns

Last Date for Filing GSTR-9 and GSTR-9C extended

Last-date-for-filing-of-GSTR-9-extended

The CBIC extends the last date for filing GSTR-9 and GSTR-9C for the FY 2017-18 and 2018-19 A taxpayer will not have to provide the HSN level of informatio...

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GST

What is Cess on GST? – Applicability and Rates...

GST-Cess

On 18th February 2017, the GST Council in its 10th meeting approved the “GST Compensation to the state to provide compensation to the States for loss of...

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GST Returns

GST Rates 2019: Updated Tax Slabs after 37th GST Counci...

Change in GST rates After GST Council meeting

GST is a game changing reform for the Indian Economy as it brings uniformity in the taxation structure. It is a consumption-based indirect tax charged on s...

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