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Search results for: GST impact

Maharashtra GST Collection in July 2021

MH Receives 38% More GST Collection in July 2021 from June

In the previous months from April till June 2021 ‘Corona was in and GST was out’. Now the trend has reversed. ‘Corona is out and GST is in’. This assertion is based on facts and figures of the Goods and Services Tax, not an opinion. Maharashtra’s GST collection rose by nearly 38% in July 2021 […]

GST Circular 157/13/2021 Related to SC's Limitation Order

CBIC: GST Circular No. 157/13/2021 for Clarification of SC’s Limitation Order

This is high time for The Central Board of Indirect Taxes and Customs (CBIC) and taxpayers amidst the orders of the honourable Supreme Court. The CBIC has released a statement saying that the issue of the summons, search, enquiry, or investigation and even the arrest that has been mentioned in the provisions of GST Get […]

18 Percent GST Levy on Private Coaching Institutes

Kerala AAAR: 18% GST Rate Applicable for Pvt Coaching Institutes

Private Coaching centres have not been spared from paying taxes. This ruling has been given by the Appellate Authority on Advance Ruling (AAAR), Kerala. Private Coaching Centres shall have to pay GST Check out due dates of payment under GST for general and composition taxpayers in India. We have included penalty charges on late payment […]

Rising GST e-way Bills Signal for High Tax Collections

GSTN July Data Shows Increasing GST E-way Bills Signal for High Collection

In the month of July the electronic-way bill directing to a recovery in the common days in context to the economic activities and refinement in GST collections for the month of August providing relief to the policymakers. From the given information through the GST network, it reveals that the daily average GST e-way bills Get […]

AAR's Order for ST. Thomas Hospital on Composite Supply

Kar AAR: No GST Levy on Exempted Healthcare Services Under SAC 999311

The Karnataka Authority of Advance Ruling (AAR) has passed a ruling that no GST shall be imposed on the composite supply of the healthcare services. Here in this case the applicant is Messrs Saint Thomas Hospital that is a multi-specialty hospital that provides health care services Check out the brief details of GST impact on […]

Reduce GST Rate on Cutlery Made of Bagasse

Hotel Union Demands Govt to Reduce GST Rate on Bagasse Cutlery

On the biodegradable materials and on the friendly materials a higher GST is liable to pay which is the harder to use the cutlery made of bagasse e (pulpy fiber extracted from sugarcane juice) for serving and parcels. 18% GST is liable on the bagasse while people who use the plastics in restaurants are liable […]

Important Updates in GST QRMP Scheme

Insight New Changes in QRMP Scheme Under GST on GSTN Portal

Goods and services tax network (GSTN) is provided some amendment context to the QRMP policy executed on the GST portal for the assessee are provided below: Auto-populate GSTR-3B liability from Form GSTR 1 & IFF Under the QRMP policy which shows their liability via optional IFF for month 1 and month 2 of the quarter […]

Insights of GST on the 4th Anniversary

Discovering the Insights of GST on the Fourth Anniversary

The journey of implementing Goods and Services Tax that started on July 1, 2017 has impacted the lives of the population of India across the length and breadth of Industry. One of the Modi-Governments’s biggest focuses in its agenda is the Goods and Services Tax 2017. Today on the fourth anniversary of GST, there is […]

GST Rate Cut Slashed EECO Ambulance Ex-showroom Price

Thanks to Revised GST Rate on Ambulance, EECO Now Cheaper of INR 88,000

Good news for the hospital industry. There is a price cut of Maruti Suzuki EECO Ambulance by Rs 88,000. Now after the reduction, it costs Rs 6.17 lakh in Delhi. This offer is valid till September 30 of this year. The reason attributed to the price cut is the revision in GST rates Grab the […]

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