Vinay Jaindani

19/01/2019

http://www.gststation.in/budget-2019-will-fm-jaitley-double-i-t-exemption-limit-to-rs-5-lakh/

In fact, the finances of the government are already stretched on account of low collection of GST. Hence it is unlikely that the Finance Minister,

10/01/2019

Live Updates on 32nd GST Council Meeting in New Delhi
03:56 PM: Committee set up for real estate sector to go through the issues and submit a report

03:01 PM: GST Council permits the Kerala Govt to levy 1 per cent calamity cess for 2 years to collect funds for rehabilitation

01:40 PM: 6 per cent GST rate applicable to the Composition scheme for service providers and turnover up to 50 lakh per annum.

01:18 PM: The registration threshold limit under GST increased from earlier INR 20 lakh to INR 40 lakh. Kerala & Chattisgarh given option to remain in any limit either 20 lakh or 40 lakh.

11:35 AM: GST Council increased the limit of annual turnover for composition scheme taxpayers to 1.50 Crores, effectively from 1 April 2019 under which the composition taxpayers allowed to file returns annually and pay tax on the quarterly basis.

11:00 AM: The meeting has been started at the Vigyan Bhawan, Delhi chaired by the Union finance minister Arun Jaitley and state wise finance ministers.

10/01/2019

GST Breaking from 10 Jan 2018
1. Composition Limit to increase up to 1.50 Crore from 1st April 2019
2. Composition dealer will file only one annual return
3. GST Council decides to increase the GST registration threshold limit from current Rs20 lakh to RS 40 lakh

09/01/2019

http://www.taxscan.in/budget-session-arun-jaitley/32439/

As the Lok Sabha elections to be held in May 2019, the last budget of the NDA Government will be presented on 1st February by the Union Finance Minister Ar

08/01/2019

http://www.gststation.in/tvs-urges-rethink-on-two-wheeler-gst-rates-says-new-norms-will-hit-pricing/

TVS Motor Company Chairman Venu Srinivasan has said that the Goods and Services Tax (GST) rates for two-wheelers should be reconsidered, especially,

07/01/2019

http://www.gststation.in/filing-of-gst-returns-on-quarterly-basis-yet-to-be-implemented/

In August 2018, additional director general, GST, Yogendra Garg had told city businessmen that this system will be rolled out latest by January, 2019.

07/01/2019

http://www.gststation.in/ministers-propose-to-shield-small-units-from-gst-burden/

A group of ministers has recommended several steps for making life easier for small businesses under goods and services tax (GST),

07/01/2019

http://www.gststation.in/gst-panel-for-kerala-levying-1-cess-for-2-yrs-to-fund-flood-rehabilitation/

Besides, the Group of Ministers under Modi has also suggested to the GST Council to allow additional borrowing over the permitted limit by states,

06/01/2019

http://www.gststation.in/gst-council-proposes-to-nominate-one-dept-for-gst-refunds-businessmen-hail-the-move/

In a good news for the businessmen who are victims of delayed GST refunds from either state taxation department or Central GST department, the GST council,

06/01/2019

http://www.gststation.in/new-gst-rates-23-goods-and-services-to-get-cheaper-from-january-1/

In a new year gift to the common man, the government has notified reduction in GST rates on 23 goods and services, including movie tickets, TV and monitor,

06/01/2019

http://www.gststation.in/india-wants-a-simpler-easier-gst-complaint-form-for-consumers/

Further, the council is likely to cut the GST on under-construction flats to 5% without input tax credit from 12% at its next meeting on January 10.

06/01/2019

http://www.gststation.in/gst-collection-drops-to-rs-94726-crore-in-december/

GST compensation released to states for August-September stood at ₹11,922 crore. Of the ₹94,726 crore collected, Central GST collection is ₹16,442 crore,