By: Admin|July 30, 2024|Categories: GST Recent News In recent developments, central and state government officials have initiated discussions aimed at rationalizing the Goods and Services Tax (GST). According to reports…
GST Exemption Denied on University Affiliation Fees by Mumbai State Tax Authorities Amid Rising Concerns
By: Admin|July 29, 2024|Categories: GST Recent News In recent developments, the taxation of affiliation fees imposed on public universities in our state has sparked significant debate and concern. Despite requests…
June 2024 GST Revenue Update: Gross and Net Collections Insights from GSTN
By: Admin|July 28, 2024|Categories: GST Collection|Press Release| The Goods and Services Tax Network (GSTN) has released Update No. 508, dated July 28, 2024, providing crucial information on the Gross and…
GST Rate Rationalisation: Group of Ministers to Provide Status Update Next Month, Says CBIC Chairman
By: Admin | July 27, 2024 | Categories: GST Recent News Three-Slab GST Rates:Taxation, customs, and excise in India are set to witness a paradigm shift as laws related to…
LIC Files Appeal Before Joint Commissioner of State Tax, Mumbai, Against GST Demand Order
By: Admin | July 27, 2024 | Categories: GST Recent News Life Insurance Corporation (LIC) of India has filed an appeal before the Joint Commissioner of State Tax, Mumbai, against…
Do Mining Operators Need to Pay GST or Service Tax on Royalty? Supreme Court to Decide
By: Admin | July 27, 2024 | Categories: GST Recent News The Supreme Court is set to consider whether Goods and Services Tax (GST) or Service Tax is payable on…
MATEXTIL Calls on Government to Address Inverted GST Structure
By: AdminJuly 26, 2024Categories: GST Recent News4 Min Read The Man-Made and Technical Textiles Export Promotion Council (MATEXTIL) has expressed optimism regarding the recent proposals announced in the Budget, anticipating…
Impact of GST on Rice Prices: Retail Costs Rise for Bags Over 25 kg
By: AdminJuly 27, 2024Categories: GST Recent News4 Min Read As the landscape of Goods and Services Tax (GST) evolves, recent developments could lead to increased costs for consumers purchasing rice…
CBIC Chairman Proposes 3-Tier GST Structure to Minimize Litigation and Harmonize Rates
By: AdminJuly 26, 2024Categories: GST Recent News4 Min Read In a significant development following Finance Minister Nirmala Sitharaman's call for GST rate rationalization in her Budget speech on July 23,…
Government Plans to Increase GST on Gold and Silver to 5%
By: AdminJuly 25, 2024Categories: GST Recent News In a significant shift in tax policy, the government is contemplating raising the Goods and Services Tax (GST) rate on gold and silver…