GST Ready India

GST Ready India’s Latest News and Updates

  • 27 Feb
    Mechanism Under GST

    Why many registered taxpayers are not filing GST returns Despite all earlier claims of the government that the Goods and Services Tax (GST) would force taxpayers to be more compliant, the number of returns filed in the first seven months since its launch belies this claim. The number of returns filed each month has not

  • 26 Feb
    GST Benefits

    Double whammy: Reeling under cash crunch after GST, exporters fear credit tightening post PNB scam GST continues to be a bone of contention for exporters in India as even after seven months of filing for GST refund, there has been little or no movement in getting their money back. This has led to severe shortage

  • 23 Feb
    Goods and Services Tax

    Refund delays, with respect to IGST and input tax, have hit small units More than eight months after the introduction of GST, exporters remain cash-strapped for working capital; this is despite assurances made by the Centre last October-November that the process of granting refunds for input tax credit (ITC) and IGST would be expedited. Given

  • 22 Feb
    GST Rates

    Government simplifies GSTR-3B filing, here’s what has changed The government on Wednesday came out with a simplified version of GSTR-3B, making it more user-friendly amidst indications that it may possible be used even beyond March 31. According to a note prepared by PwC, GSTN has made the following key changes in the process of filing

  • 20 Feb
    What is GST

    Next GST Council meet on March 1, simpler return process expected to be unveiled The next GST Council meet is expected to take place on March 1 through video-conferencing, but with a limited agenda of simplifying the return process. At the 25th meeting of the GST Council held on January 18, Finance Minster Arun Jaitley

  • 19 Feb
    GST Registration India

    The implementation of GST by the Indian Government has been hailed as the greatest tax reform undertaken in India since independence and with good reason. The GST or Goods and Services Tax has the potential of creating a uniform indirect tax code that subsumes a range of taxes, levies and duties to prevent the multilevel

  • 16 Feb
    Impact of GST on E-Commerce

    Want to buy a property? know GST rates here Most of us aspire to own a house and to achieve that goal we strive hard through our savings and investments. We face several hurdles and come across many official formalities to accomplish our dream. In accomplishing this dream, we need to understand many things and

  • 15 Feb
    GST Tax Rate in India

    GST e-way bill software set to be overhauled The government is looking at complete overhaul of the electronic-way-bill (e-way-bill) system under the goods and services tax (GST) regime instead of tinkering with its structure or scrapping it altogether, sources in the know told DNA Money. According to him, the e-way invoice could be relaunched by