Voluntary payment by outgoing society member subject to GST, says AAR
It is not uncommon for co-operative housing societies (CHS) in Mumbai to seek transfer fees on sale of a flat,…
Category: GST in Media
Fake bills that provide input tax credit against payment of Goods and Services Tax (GST)
Several companies, including builders, are turning to dubious consultants to generate unaccounted cash by creating fake bills that provide input…
GST Council may bring rate on li-ion cells on par with EVs
India may cut the goods and services tax on lithium-ion batteries and bring them on a par with taxes on…
Government exploring all options against SC rulings related with IGST on Ocean Freight
The government is exploring all options including filing a review petition against the Supreme Court ruling that struck down levy…
Whether GST is applicable on Monthly Maintenance charges collected by Housing Society or Resident Welfare Association
There has been lot of confusion and ambiguities on the applicability of GST on Monthly Maintenance Charges. Whether entire amount would…
Sale of Car by Company after using it for Business purpose attracts 18% GST: AAR
The Gujarat Authority of Advance Ruling (AAR) consisting of Arun Richard and Atul Mehta has ruled that 18% GST is…
CBI arrests superintendents of GST, Customs over bribery charges
The Central Bureau of Investigation (CBI) has arrested two superintendents of Goods and Services Tax (GST) and a superintendent of…
Centre working on GST dispute resolution system
The finance ministry is working on a detailed mechanism that can resolve goods and services tax (GST) disputes raised by…
GST collections consistently crossing Rs.1 lakh crore every month: PM Modi
Prime Minister Narendra Modi on Monday said goods and services tax (GST) has replaced the web of many taxes at…
GoM may suggest pruning GST exemption list ahead of Council meeting
An empowered group of ministers (GoM) set up to look into rate rationalisation may propose pruning Goods and Services Tax…