GSTIndiaExpert

GSTIndiaExpert GSTIndiaexpert.com is a web-portal providing comprehensive information on Goods and Services Tax (GS

GSTIndiaexpert.com is a web-portal providing comprehensive information on Goods and Services Tax (GST) in India.

trouble: January collections may be the lowest this fiscal
24/01/2019

trouble: January collections may be the lowest this fiscal

With rate cuts on 23 items coming into effect on Jan 1, the numbers may remain subdued next month as well

Congress will simplify and take "rational economic decisions" if voted back to power, says Rahul Gandhi
14/01/2019

Congress will simplify and take "rational economic decisions" if voted back to power, says Rahul Gandhi

Launched in 2017, the GST was initially hailed as Prime Minister Narendra Modi's biggest economic reform as it replaced more than a dozen central and state levies

: TVS Motor joins Hero MotoCorp to seek reduction in rate on two-wheelers
09/01/2019

: TVS Motor joins Hero MotoCorp to seek reduction in rate on two-wheelers

TVS Motor Company on Tuesday joined other two-wheeler companies, including Hero MotoCorp, in seeking reduction of the goods and services tax rate on two-wheelers, pointing out that the mass commuting…

rules: No e-way bill if returns not filed for two months
08/01/2019

rules: No e-way bill if returns not filed for two months

In a bid to force non-compliant businesses to file returns regularly, the finance ministry has barred e-way bill generation while transporting consignment if the supplier or recipient of the cargo…

Real estate shares rally on hopes of rate cut
07/01/2019

Real estate shares rally on hopes of rate cut

Indiabulls Real Estate, Godrej Properties, Peninsula Land, Ashiana Housing, DLF, Anant Raj, Kolte-Patil Developers and Sobha were up in the range 3 per cent to 6 per cent

The myth of an ideal single-rate
29/12/2018

The myth of an ideal single-rate

From both economic and administrative stand-points, a single-rate GST is an anathema. The discussion should be on how to arrive at a moderate median rate.

The real reason for 28% on cement
27/12/2018

The real reason for 28% on cement

The government stands to lose if benefits of a GST rate cut on cement is not passed on to consumers

Three-slab may impact indirect tax collection
26/12/2018

Three-slab may impact indirect tax collection

Experts also feel that the government may revise the 14 per cent per annum GST revenue growth rate target for states, to allow itself some relief from higher compensation outgo to states.

Centre slashes on some movie tickets by 10 per cent, multiplex owners in Pune heave sigh of relief
24/12/2018

Centre slashes on some movie tickets by 10 per cent, multiplex owners in Pune heave sigh of relief

As per the new rules, for movie tickets that cost more than Rs 100, GST has been reduced from 28 per cent to 18 per cent, and for tickets cheaper than Rs 100, it has been lowered to 12 per cent from…

Council to discuss tax cuts, no decision on disaster cess
22/12/2018

Council to discuss tax cuts, no decision on disaster cess

GST Concil’s 31st meeting will discuss reducing tax rate on items in the highest slab of 28% such as cement, cameras and dish washers as well as on products that are of local interest to individual…

BPOs may be kept out of ambit
20/12/2018

BPOs may be kept out of ambit

India aims to keep business process outsourcing (BPO) service providers out of the ambit of the goods and services tax

Revenue Dept to place IIM tax concerns before Council
19/12/2018

Revenue Dept to place IIM tax concerns before Council

IIM-Ahmedabad first approached the HRD Ministry seeking its intervention after an order passed by revenue authorities demanded that the institute pay Rs 52 crore as service tax

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