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Are you one of those employees who loves his or her office brunch? Well, then there is a bad news for you. No, we don’t mean that your office won’t be able to run canteen services but thanks to GST your sojourn with your colleagues in your office canteen got just a little expensive.

It has been more than nine months since the GST was launched in India, but businesses it seems are still finding it difficult to get their head around India’s new indirect tax regime.

A government official has stated that the Central government is currently working on to enhance its stake in the Goods and Services Tax (GST) Regime to ensure that any data breach or mishappenings don’t occur on the GSTN portal. Currently, the ownership of government in GSTN is 49 percent, whereas the ownership of private financial institution is 51 percent.

In a good gesture to the print and electronic media, the Jammu and Kashmir government announced that it would be paying the goods and services tax applicable to the media and advertisement of the state government itself.

Input Tax Credit is the lifeline of GST Revenue generation as well as ensures the smooth business functioning of private business firms and taxpayers.

The GST and the E-way bill was supposed to smoothen operational roadblocks for Transporters. But as per the All India Motor Transport Congress (AIMTC), the reality is still in sharp contrast to the promised dream.