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Since its very introduction, GST has been criticized for increasing compliance burden on the Indian taxpayers.

Union Cabinet finally approves the GST Network, GSTN to be a government entity as a government-owned company. The Cabinet meeting chaired by Prime Minister Narendra Modi took the decision.

As per a ruling by the Haryana Authority for Advance Rulings, GST (Goods and Services Tax) will be applicable to the mining rights granted to miners and mining companies by the government at the same rate of 5% which is applicable to the supply of the material being mined.

States feared about the adverse effects of the GST taxation in India, which is based on a new rule of ‘One-nation, one tax. The tax collected between August 2017 and June 2018 has been calculated to arrive at a monthly average and surprisingly the collection done in various States have shown a positive result.

The introduction of GST, which standardized India’s erstwhile tax regime plagiarized with cascading tax structure, was seen in business circles as a business-friendly tax regime and was touted as a major push towards foreign investment.

E-tailers (a retailer selling goods via electronic transactions on the Internet), are unsure about the impact of the New GST tax collection system especially the TCS, on their business and thus have urged the Government to give some time for getting slowly into the process without hampering their profitability.

There are only 6 days left to file GSTR 6 returns online and it is suggested that all the taxpayers must file their GSTR 6 returns of July 2017 to August 2018.