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GST on mobiles, fertiliser, garments may be hiked to 18%

Experts said the rate hike would improve working capital position of the manufactures as it would correct the inverted duty structure but may lead to increase in price of the finished goods.......

GST anti-profiteering provisions: Not so profitable anymore

One of the grey areas is whether the anti-profiteering provisions can provide for a comparison of tax rates between the pre-GST and post-GST eras, says Niraj Bagri. Ilustration: Dominic......

Google, Panasonic, Suzuki among 100s of firms hit with 'unrealistic' GST notice

Top firms get GST notices on credit claims on Friday; replies sought within hours. Goods and services tax officers sent notices to hundreds of companies across Gurugram, Mumbai and Bengaluru on......

GST: As legal battles loom

Compliance requirements, valuation, input tax credit transfers are likely to lead to tax litigation, says Sayan Ghosal. Two months after coming into effect, India’s new indirect tax has......

Exporters will have to wait longer for GST refund

It is after the GST Network tallies invoice details with shipping bills that the refund claims can be processed. So, the refund could be delayed by over a month. In a huge relief to trade and......
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CBIC prepares common response to writs on transitional credit

Covid-19 has given us reason to be agile, alert and responsive to the market: Toyota’s Naveen Soni ...

https://www.thehindubusinessline.com/economy/cbic-prepares-common-response-to-writs-on-transitional-credit/article31947032.ece
Supreme Court stays Delhi HC’s order on more time to file Cenvat credit

How the RBI’s proposed regulatory changes for housing finance companies will impact players ...

https://www.thehindubusinessline.com/economy/supreme-court-stays-delhi-hcs-order-on-more-time-to-file-cenvat-credit/article31870694.ece
Delhi HC asks GST authority to ensure facilitation of claim filing by Friday

Made money or booked losses in the market? Here’s how you deal with the tax ...

https://www.thehindubusinessline.com/economy/cenvat-credit-delhi-hc-asks-gst-authority-to-ensure-facilitation-of-claim-filing-by-friday/article31859705.ece

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