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Category: GST in Media

GST in Media

CAIT urges Centre to withdraw 12% GST rate on textiles

byAdmin12/02/202212/02/2022

Source: Economic Times dated 11.02.2022 The Confederation of All India Traders on Thursday urged Union Finance Minister Nirmala Sitharaman to…

GST in Media

Group of Ministers to make recommendations to GST Council

byAdmin12/02/202212/02/2022

Source: The Hindu dated 11.02.2022 It recommends physical verification of businesses at the time of registration The second meeting of…

GST in Media

Government Open To Consider Restaurant Owners’ Demand For Higher GST Levy

byAdmin11/02/202211/02/2022

Source : NDTV dated 09.02.2022 Government is open to consider the restaurant industry’s demand of shifting back to higher goods…

GST in Media

Will focus on scrutiny, audit of GST returns in coming year: says CBIC chairman

byAdmin11/02/202211/02/2022

Source: Economic Times dated 10.02.2022 The Central Board of Indirect Taxes and Customs (CBIC) will focus on scrutiny and audit…

GST in Media

Tax on digital assets could go up, govt mulling GST on crypto mining, supply

byAdmin11/02/202211/02/2022

Source: Economic Times dated 10.02.2022 The government is examining the applicability of goods and services tax (GST) on various cryptocurrency…

GST in Media

K’taka CM urges Centre to extend GST compensation period upto 2024-25

byAdmin10/02/202210/02/2022

Source Business Standard dated 08.02.2022 Karnataka Chief Minister Basavaraj Bommai on Monday requested the Centre to extend the GST compensation…

GST in Media

No Petroleum Product under GST

byAdmin10/02/202210/02/2022

Source: Economic Times dated 09.02.2022 The GST Council has made no recommendation so far to include petroleum products, including petrol,…

GST in Media

Company drags taxman to court after similar tax demands raised by state and central GST authorities

byAdmin10/02/202210/02/2022

Source: Economic Times dated 09.02.2022 A BSE listed company, Suumaya Corporation, has dragged the government and the indirect tax authorities…

GST in Media

No clarity on levying of GST on crypto: Sushil Modi in Parliament

byAdmin10/02/202210/02/2022

Source : Indian Express dated 09.02.2022 During the Zero Hour discussion in the Rajya Sabha on Tuesday, BJP leader Sushil…

GST in Media

GST on transaction fees, not on crypto’s value, says Centre

byAdmin09/02/202209/02/2022

Source Livemint dated 04.02.2022 The government will levy goods and services tax (GST) on the service fees on cryptocurrency transactions,…

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