Ministry of Finance Examination for Confirmation of Enrollment of GST Practitioners Posted On: 16 APR 2019 The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods and Services Tax Practitioners (GSTPs) in terms of the sub-rule (3) of Rule 83 of the Central Goods and … [Read more...] about Examination for Confirmation of Enrollment of GST Practitioners
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Goods and Services Tax
GST: Goods and Services Tax Council – Journey so far
Ministry of Finance Goods and Services Tax Council - Journey so far; GST Council met 30 times, took 918 decisions since its Constitution; 96% of decisions already been implemented through 294 Notifications 28 OCT 2018 Till date, the Goods and Services Tax ( GST ) Council has taken 918 decisions related to GST laws, rules, rates, compensation and taxation threshold etc. … [Read more...] about GST: Goods and Services Tax Council – Journey so far
‘One nation one tax’, ‘one nation one election’, why not ‘one nation one retirement age’?
'One nation one tax', 'one nation one election', why not 'one nation one retirement age'? Retirement age? Our country has replaced its numerous Union and state taxes with the Goods and Services Tax (GST), designed to unify the country into a single market. In other words, we may call, the GST brought 'one nation one tax' regime in India. Prime Minister Narendra Modi wants … [Read more...] about ‘One nation one tax’, ‘one nation one election’, why not ‘one nation one retirement age’?
Finmin to initiate Budget exercise next week
Finmin to initiate Budget exercise next week Work on India’s first post-GST Union Budget 2018-19 will start next week with the finance ministry issuing timelines for different processes that will culminate with its presentation in February. Finance Minister Arun Jaitley arrived at the parliament on Wednesday for Budget. It may also be the current government's last … [Read more...] about Finmin to initiate Budget exercise next week
GST: Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017
GST: Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to the proposal of the Finance Ministry to promulgate an ordinance to suitably amend the Goods and Services Tax (Compensation to States) Act, 2017. The approval would allow to … [Read more...] about GST: Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017
FREQUENTLY ASKED QUESTIONS IMPLEMENTATION OF GST
CSD : FAQ on Implementation of GST FREQUENTLY ASKED QUESTIONS IMPLEMENTATION OF GST ISSUES CONCERNING DEPOTS Q. What will be the format of Purchase Orders in GST Regime? A. Purchase orders in the existing VAT regime will continue after removing the columns such as VAT columns VAT, CST etc and by adding the following fields :- (a) GSTN of respective depot (b) GST … [Read more...] about FREQUENTLY ASKED QUESTIONS IMPLEMENTATION OF GST
Cabinet Secretary reviews GST, asks departments to keep a lid on price rise
Cabinet Secretary reviews GST, asks departments to keep a lid on price rise New Delhi: Three days into GST regime, Cabinet Secretary P K Sinha today asked all ministries and departments to ensure that their is no shortage of goods and prices of essential items are kept under check. Sinha held a review meeting to take stock of situation post implementation of the new tax … [Read more...] about Cabinet Secretary reviews GST, asks departments to keep a lid on price rise
The Central Government abolished various Cesses in the last three years for smooth roll-out of GST
The Central Government abolished various Cesses in the last three years for smooth roll-out of GST The Central Government in the last three General Budgets viz 2015-16, 2016-17 and 2017-18 has gradually abolished various cesses on goods and services in order to prepare the ground for smooth roll- out of Goods and Service Tax (GST) from 1st July, 2017. The Central … [Read more...] about The Central Government abolished various Cesses in the last three years for smooth roll-out of GST
The Union Finance Minister, Shri Arun Jaitley: Goods and Services Tax (GST) is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society
The Union Finance Minister, Shri Arun Jaitley: Goods and Services Tax (GST) is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society FM inaugurates the National Academy of Customs, Indirect Taxes and Narcotics (NACIN) Campus in Bengaluru today Inaugurating the National Academy of Customs, Indirect Taxes and … [Read more...] about The Union Finance Minister, Shri Arun Jaitley: Goods and Services Tax (GST) is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society
Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax
Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax Service providers shall be eligible for full Input Tax Credits (ITC) of GST paid in respect of inputs and input services Taxes on entertainments and amusements (covered by the erstwhile entry 62 of State List of the Constitution) have been subsumed under Goods and Services Tax (GST) except to … [Read more...] about Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax
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