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GST

GST News Highlights 16th Oct 2018

Group of ministers says GST Council to seek states' views on 'disaster tax' A panel of state finance ministers set up to deliberate a ‘disaster cess or tax’ under the goods and services tax (GST) to…

GST News Highlights 15th Oct 2018

Free IPL tickets to attract GST: AAR Free or complimentary tickets given by franchise owners for IPL matches will attract Goods and Services Tax (GST), the Authority for Advance Ruling (AAR) said.…

Taxability of free supply and ITC on the it

GST – Punjab AAR – Taxability of free supply – Input Tax Credit - Whether free tickets given as "Complimentary Tickets" falls within the definition of supply under CGST Act, 2017 and thus, whether the…

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GST News Highlights 13th Oct 2018

Finance ministry rubbishes charge of stuck GST claims worth Rs 23,000 crore The finance ministry on Friday dismissed as “exaggerated” and “inaccurate” exporters’ contention that about Rs 23,000…

GST News Highlights 12th Oct 2018

GST exemptions up to 20-20 lakhs for all owners on joint property The decision of Kerala's Authority of Advance Ruling has been made that if the total annual income from the property is more than 20…
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