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An extra GST of Rs.3 charged on biryani cost Swiggy and a restaurant dearly. Following a complaint, the Hyderabad District Consumer Disputes Redressal Commission-3 has ordered Swiggy to pay Rs.2,000 in compensation and return Rs.25 delivery charges as the delivery…
GST Council likely to allow utilisation of amounts available in electronic credit ledger and electronic cash ledger for payment towards output tax due in return, except those in form of penalty, interest or fees Council likely to continue to exempt…
Allotment of shares to directors, providing cars to them, and a sponsored business trip or conference by a company will attract 10% tax deducted at source (TDS) from July, 1. The Central Board of Direct Taxes (CDBT) on Thursday issued…
A group of ministers (GoM) reviewing the Goods and Services Tax (GST) rates has decided to remove exemption for packaged food items, if sold under unregistered brands. These items will be taxed at 5%, the rate for branded food. The…
The Group of Ministers (GoM) on goods and services tax (GST) rate rationalisation could not reach a consensus on inverted duty correction or changes in slabs at a virtual meeting on Friday, said people with knowledge of the matter. The…
The director of Jaatvedas Construction Company Private Limited, Hitesh Amrutlal Patel (42), was arrested by the Maharashtra Goods and Services Tax (GST) Department on Tuesday under a special operation carried out against tax-evading firms. The department is also looking for…
A Parliamentary committee report on the promotion and regulation of e-commerce in India has opined multiple steps for the government to be taken to boost MSMEs’ e-commerce participation. Among the key suggestions in the report, submitted to the Rajya Sabha secretariat on…
The Thane anti-corruption bureau arrested a senior officer with the sales tax (GST) department of the Maharashtra government allegedly for demanding and accepting a bribe from the complainant to the tune of Rs 20 lakh. The ACB official said, Dhananjay…
The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, will meet on June 28 and 29, 2022 in Srinagar to discuss possible tweaking in tax rates and may make changes in the tax slabs. “The 47th meeting of the…
Karnataka Chief Minister Basavaraj Bommai-led group of ministers (GoM), which was set up last year by the GST Council to suggest ways for augmenting revenue by rationalising tax rates and correcting anomalies in the tax structure, is likely to meet…