GST

Revised GST Enrollment dates

GSTN releases revised schedule for enrollment of existing taxpayers under VAT, Service Tax and Central Excise laws under GST. revised enrollment schedule can be downloaded below:   Latest GST Enrollment schedule Read More

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GST to get introduced on the basis of two-rate structure; Cascading effect to get removed

Worried about a steep rise in service tax when the goods and services tax (GST) is rolled out, the government is considering a two-rate structure to minimize the impact on consumers. Key services may be taxed at a lower rate to give relief to consumers who saw the levy increase to 14% this year from… Read More

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Modi govt. plans for a special parliament session in September as GST clogs in mind

Government is planning over to call a special session of Parliament sometime in the second week of September to pass the Constitution (One Hundred and Twenty Second) Amendment Bill, 2015 or the Goods and Services Tax Bill- and is in talks with all political parties to get the requisite 2/3 majority in Rajya Sabha where… Read More

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Question mark on GST rollout: Govt. to consider special session

A petition, signed by over 15,000 people, including some of the top industrialists of India, that had appealed to the Congress-led Opposition to end the disruptions in the Rajya Sabha to pass the Goods and Services Tax (GST) Constitutional Amendment Bill led to more protests in the Upper House and got jettisoned. The government might… Read More

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GST fate to be sealed in the Parliament soon as opposition feels bill would stagnant country™s progress

The fate of the Goods & Services Tax (GST) Constitutional Amendment Bill, 2014 is totally dependent upon how the things go on in the parliament for the next two days before the monsoon session of the parliament comes to an end and the Upper House can take up and clear the Bill, so that it… Read More

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Appointment of Sushil Modi on the panel for implementing GST

The Government of India has appointed Sushil Modi, a senior member of BJP as the head of the panel on implementing the Goods and Services Tax(GST) which aims to improve India's meandering tax regime. The GST regime is about to come in force on 1st April, 2012. The GST  is intended to bring uniformity in… Read More

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GST to face hiccups as Asim Gupta moves on

With West Bengal finance minister, Asim Dasgupta losing the election from Khardah, speculation is rife that  -Ficci secretary-general Amit Mitra - may be the man who could drive political consensus on the long-delayed goods and services tax (GST). Asim Dasgupta , who played the lead role in finalising the GST structure, will not be there… Read More

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