GST Council to meet tomorrow; discuss roll out of e-way bill

NEW DELHI: The all-powerful GST Council will meet tomorrow to discuss the early implementation of the e-way bill as well as ways to plug tax evasion. Headed by Finance Minister Arun Jaitley, the meeting will be held via video conferencing and deliberate on cementing gaps in the system as well as curbing evasion, sources said. […]

PM has met two of my demands on GSTN, says Swamy

“Two of my demands were met by the Prime Minister. One, to permit Comptroller and Auditor General of India (CAG) to audit Goods and Services Tax Network (GSTN) and two, to ask Ministry of Home Affairs to investigate GSTN for national security compliance,” he told. GSTN, a not-for-profit private limited company, is providing the technology […]

Thanks to GST, Telangana records revenue losses in October

HYDERABAD: Telangana state’s GST collections remain not much effected even as the overall collections at the national level dipped in October. Collections in October slipped to Rs 83,346 crore from over Rs 92,000 crore in September. The collections in Telangana too slipped by 160 crore and the same amount was compensated by the Central government. “We […]

ClearTax, Unicommerce tie-up to help online retailers get GST-ready

Since GST has changed tax rules for the e-commerce sector, it has now become necessary for all online marketplaces to adopt GST-compliant processes at the earliest. New Delhi: With the implementation of GST, India is moving towards a digitised economy. Spearheading this transformation is the e-filing website ClearTax, also the country’s biggest online tax platform, […]

GST filing: GSTN chairman-led panel to consult experts

GSTN chairman Ajay Bhushan Pandey-headed panel comprises VAT commissioners of Karnataka, Gujarat, Telangana, and senior officials from the department of revenue and the CBEC. The committee tasked with simplification of Goods and Services Tax (GST) returns filing will consult tax experts and trade bodies to make the process convenient for businesses that have minimal transactions, […]

Infosys Is To Held Responsible For Glitches In GSTN

Being for a long time the face of software industry of the India, Infosys finds its management of the information technology for GST as spine under inspection at the uppermost levels of the government. It was awarded with a deal of Rs 1,380 Crore for running and developing backend of GST in 2015. Strong disappointment […]

Indore: SGST commissioner braves volley of compliance woes

Indore: Host of problems with GST compliance came to fore when State Goods and Service Tax (SGST) commissioner Raghvendra Singh faced tax consultants of city in a video conference on Thursday.  The consultants highlighted absence of rectification facility in GST return GSTR-3B as the major reason of all woes and said it was causing a sharp […]