GST Ready India

GST Ready India’s Latest News and Updates

  • 21Jun
    GST Rate

    Input tax credit: Important for taxpayers to know GST is unlike the previous regime Input tax credit under GST has a very well-defined structure and is more comprehensive than the erstwhile indirect taxes. Cross-utilisation of credit between the Integrated GST and the Central GST/ State GST and vice-versa is another landmark departure from the previous

  • 20Jun
    Petrol comes under GST

    Even if petrol comes under GST, it may not exclude VAT The clamour for bringing petrol and diesel under GST has been growing in recent times, be it from the Opposition or from India's top industry bodies Assocham and Ficci. After all, even under the highest tax bracket of 28 per cent, one litre of

  • 14Jun
    GST India Latest Updates

    Taxpayers can now change email, mobile number under GST system. Here's how to do it The government has introduced a new system to allow taxpayers to update email and mobile number in the GST System. This was introduced as many have complained that "the intermediaries who were authorized by them to apply for registration on

  • 12Jun
    GST Council India

    GST turns one: From challenges which rocked boardrooms, government initiatives to possible solutions The seventieth year of India's independence will go down in Indian history as the year the country switched over to one of its most ambitious tax regimes, Goods and Services Tax (GST). After several rounds of deadlock in the Parliament, GST was

  • 11Jun
    GST India Tax

    GST, infrastructure status drive PE investments in warehousing Government initiatives such as Make in India, implementation of the Goods & Services Tax and infrastructure status for the logistics sector have been pushing both demand for and investment in warehousing and industrial real estate across the country. The infrastructure status to the logistics sector that includes

  • 08Jun
    GST India

    Rationalisation of GST on the cards: MoS finance Hinting at further rationalisation in the goods and services tax (GST) structure, the minister of state (MoS) finance Shiv Pratap Shukla said that the government may come up with an announcement soon, ANI reported. He was speaking at the Delhi SME Finance Summit organised by the Confederation

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