GST Ready India

GST Ready India’s Latest News and Updates

  • 24 Aug
    Goods and Services Tax

    GST - Last Date to File GSTR Tomorrow, 60 Lakh Businesses Expected to file 1st ever GSTR for July 2017 The deadline for filing the first GST Return for the month of July 2017 was last week i.e. August 20th 2017; however, the GSTN portal crashed owing to the last minute rush and a few

  • 23 Aug
    GST Return Filing

    21st GST Council meet in Hyderabad on September 9: Official The next GST Council meeting will be held here on September 9, a senior official in Telangana government said today. This will be the third meeting of the council since the launch of the Goods and Services Tax (GST) on July 1 and the 21st

  • 22 Aug
    GST Calculation in Restaurants

    GST to benefit lower, lower-middle income class: Asian Development Bank The goods and services tax in India will benefit the lower and lower-middle income class as it is likely to reduce the tax rate on goods, a blog posted on Asian Development Bank's website said. It will mitigate significantly the negative impact of goods and

  • 18 Aug
    GST Taxation Rules

    Form to claim past credit under GST expected from tomorrow GST tax portal is likely to offer from tomorrow forms to claim credit on sales made before the rollout of GST which the taxpayers have to file by August 28, a government official said today. As GST return forms did not have a column for

  • 17 Aug
    GST India Taxation

    No country for uniform gain in dairy products post GST Indian dairies are staring at a mixed business during the upcoming festive season following the rollout of the uniform Goods and Services Tax (GST) across the country, which now makes certain products relatively expensive in the North and cheaper in the South. Ghee, which is

  • 16 Aug
    GST Tax

    GST glitches may hit pricing, new orders: Exporters The slowdown in exports may mark the beginning of trouble ahead, said exporters a month and half after the goods and services tax (GST) rollout. Consider this: Consignments worth Rs 300 crore of handmade carpets were held back last month. While issues regarding the refund mechanism and

  • 14 Aug
    GST Effect

    18% GST on food takeaway from non-AC area at AC restaurant A uniform GST rate of 18 per cent will be charged on takeaways as well as food served from a non-AC area of a hotel or restaurant if any of its part has a facility of air conditioning, the government has said. The new

  • 11 Aug
    GST impact on Indian economy

    7 things that will make developers or brokers GST-ready As the Goods and Services Tax (GST) crossed the Rubicon on July 1, 2017, businesses across the nation, including developers, are clamouring for clarity on how to conduct their business. Under the new law, every business carrying out a taxable supply of goods or services and