GST Ready India

GST Ready India’s Latest News and Updates

  • 09 Nov
    Multiple GST Rates

    GST Council may prune items in top slab, review tax on non AC food joints The GST Council may on Friday consider reducing items in the 28 per cent tax slab and slash rates for daily use items, plastic products and hand-made furniture as it looks to provide relief to consumers. Four months after the

  • 07 Nov
    Manmohan Singh on GST

    Major rejig in GST rates for goods in 28% slab on anvil In a comprehensive overhaul of the four-month-old goods and services tax (GST), the Centre and states are reviewing nearly half of items in the top bracket of 28% and allowing even larger firms to file returns once a quarter instead of every month.

  • 06 Nov
    Goods and Services Tax

    A taxpayer should pay any amount payable in pursuance of an order passed under CGST Act within 3 months from the date of service of such order failing which recovery proceedings will be initiated. If the proper officer considers it expedient in the interest of revenue, he can, for reasons to be recorded in writing,

  • 26 Sep
    GST on Petroleum Products

    GST: Small businesses are the real heroes Despite the massive disruption to small and medium enterprises (SMEs) across the country, anecdotal evidence suggests most of them broadly support the goods and services tax (GST). Yes, they do have their grievances about it. But these relate to the abnormalities in the rate changes, the complexity and

  • 25 Sep
    GST Regime

    GST registrations up, but fewer tax returns in August The tax base or those registered for GST has gone up in August but the number of filings so far is lower than the previous month as businesses grapple with technology issues and take advantage of the government's decision to waive penalty for late filing. So

  • 18 Sep
    GST on Readymade Garment

    A 5-Point Guide For Buyers To Understand The Effect Of GST On Real Estate The big question for the buyer: "The property you want to buy, has it got cheaper or more expensive after the implementation of GST?" The answer is here. After two and a half months of much confusion around Goods and Services

  • 15 Sep
    GST on Fashion Industry

    Tax officials may go for searches, surveys to widen base under GST In its attempt to bring more companies under the goods and services tax (GST) umbrella, the tax department is planning to conduct searches and surveys across the country, a senior tax official told ET. The searches could start as early as next week