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Search results for: GST council

CAIT Letter to PM Modi for GST and E-commerce Rules

CAIT Letter to PM Modi for Hassle-free GST & E-commerce Rules

Upon the problem towards Goods & Services Tax (GST) and streamlining e-commerce rules and policies, The Confederation of All India Traders (CAIT) has written a letter to Prime Minister Narendra Modi. On 26 Feb the trader’s policy has declared the Bharat Vyapar Bandh upon the problem concern for “pertaining to complicated GST taxation system and […]

Know About Bogus GST Invoicing

Complete Information Related to Bogus Invoicing Under GST

During the time when the government was facing less collection from the revenue in the pandemic times, moreover, the bogus cases also harm the financial term of the government and the ability to pay. The FM Nirmala Sitaraman in the 2021-22 budget urged that the provisional attachment of the assets of those who are engaged […]

Order Related to GST Recovery for Official

Gujarat HC Orders GST Authorities for Any Recovery Mid Search Operations

There are several complaints of the urgent recovery through the GST officials in the search operations, Gujarat high court directed the central and state council for a stay as temporary in collecting or taking any due or amount from the businessman till search operation goes on. It is to be implemented if they are imposed […]

NIC Notifies List of GSTINs for E-invoicing

NIC: Download List of 73307 GSTINs on Whom E-invoice is Compulsory

The National Informatics Centre (NIC) has given a list of GSTINs on January 27, 2021, for whom e-invoicing will be compulsory. There are 73308 GSTNs which are listed through the NIC to which it is compulsory for the assessee to upload the invoice information and enroll the supply transaction on the portal of the government […]

18 to 5 Percent GST Rate on Pesticides

Government Planning to Cut GST Rate from 18% to 5% on Pesticides

The council of the chemical and the petrochemicals has been asked by the finance ministry to lessen the GST on the pesticides from 18 to 5% with the aim to provide equality to the agriculture sector towards taxation. The 18% GST has been imposed on the pesticides and the fertilizers with 5% GST or more […]

5% GST Demand on De-oiled Rice Bran

Govt Food Dept Suggests 5% GST Rate for De-oiled Rice Bran

At present time, GST at 5% applicable on Rice bran (before oil extraction) and crude rice bran oil but de-oiled rice bran oil are out of the GST radar. However, now the Department of Food and Public Distribution is suggesting North Block to levy GST at 5% on de-oiled rice bran (DORB). As per a […]

GST Amendments in Budget 2021

Finance Bill 2021: Brief Details of All Major GST Amendments

The budget 2021, which was announced by the Finance Minister on Feb 1, 2021, proposed many changes in a range of finance sectors. The sectors which were affected the most by the recent Indian budget are taxation, personal finance, pensioners, etc. A number of proposals for amendment in certain GST rules were also proposed by […]

Bharat Bandh Against GST

CAIT & AITWA Call for Bharat Bandh Due to GST & E Waybill on 26th Feb

The Confederation of All India Traders (CAIT) has called a Bharat bandh in India for 26th February 2021 in view of rising fuel prices across the country. Around 40,000 trade associations will be part of this Bharat bandh as per the sources. The bharat bandh of 26th february will also be targetting at the new […]

Gujarat High Court

GJ HC Pulls up Dept for Their Coercive & Pressurize Method of GST Collection

Learning that “the facts of the case are very gross and shocking”, the Gujarat High Court said on Friday (05th February) uprooted the GST officials for allegedly “coercing and pressurizing” an individual to shift an amount of Rs.9 Crore to the account of the field. The two Judges Justice J. B. Pardiwala and Justice Ilesh […]

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