GST Ready India

GST Ready India’s Latest News and Updates

  • 19 Oct
    GST Impacts and Benefits

    Dual jurisdiction under GST opens door for traders' harassment: CAIT Traders' body CAIT Friday warned that allowing central as well as state tax administrations to initiate action against any taxpayer irrespective of jurisdiction would lead to harassment of traders and complicate the tax system. Seeking Finance Minister Arun Jaitley's intervention in the matter, the CAIT

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  • 17 Oct
    Changes in GST

    Composition scheme biz need not file purchase details while filing GST quarterly returns Businesses opting for composition scheme under GST need not file details of purchases made from their vendors at the time of filing quarterly return GSTR-4, the Finance Ministry said Wednesday. In a clarification, the ministry said there have been doubts regarding the

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  • 16 Oct
    GST Implementation

    GST & Pre-EMI Setback For Under Construction Projects A ministerial panel on levying calamity cess on Monday said the NDRF fund was not sufficient to meet relief work expenses in the wake of natural calamities and decided to seek states' views on whether a state-specific or a nationwide 'disaster tax' should be levied under the

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  • 15 Oct
    Industry Experts on GST

    Franchise owners will have to pay GST on free IPL tickets: AAR Free or complementary tickets given by franchise owners for IPL matches will attract Goods and Services Tax (GST), the Authority for Advance Ruling (AAR) said. In response to an application filed by K P H Dream Cricket Pvt Ltd, which owns and operates

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  • 12 Oct
    GST India

    Some GST-laden private banks up charges on remittances Private banks that are being charged goods and services tax on transactions undertaken by their business correspondents are starting to increase their charges on remittances, two people aware of the development said. At least two large private sector lenders in the domestic money remittance business have increased

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