- 22 Jul 2022 05:53 PM
- New
SC gives relief on tax credits to businesses
Source: https://www.livemint.com/news/india/sc-gives-relief-on-tax-credits-to-businesses-11658490487520.html
New Delhi: The Supreme Court on Friday asked the Goods and Services Tax Network (GSTN) portal to be kept open for two months from 1 September for businesses to claim tax credits arising from the transition to the new indirect tax regime in July 2017.
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- 21 Jul 2022 11:48 AM
- New
No GST on funeral services: Govt
Source: https://www.livemint.com/news/india/no-gst-on-funeral-services-govt-11658332916590.html
The government on Wednesday said there is no Goods and Services Tax (GST) on funeral, burial, crematorium or mortuary services.
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- 21 Jul 2022 11:56 AM
- New
Why is Paneer butter masala trending on Twitter? Full story
Amid the row over 5% GST on packaged daily use food items like , Paneer Butter Masala started trending on Twitter. Congress leader Shashi Tharoor today tweeted sharing the meme on GST, “I don't know who comes up with these brilliant WhatsAPP forwards but this one skewers the folly of the GST as few jokes have!"
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- 21 Jul 2022 12:09 PM
Details of GST Compensation released to States/UTs for a period of 5 years
GST compensation to States for loss of revenue arising on account of implementation of GST for a period of five years
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- 21 Jul 2022 12:26 PM
New Table 3.1.1 in GSTR-3B for reporting supplies u/s 9(5)
Source: https://taxguru.in/goods-and-service-tax/table-3-1-1-gstr-3b-reporting-supplies-u-s-95.html
According to section 9(5) of CGST Act, 2017, Electronic Commerce Operator (ECO) is required to pay tax on supply of certain services notified by the government such as Passenger Transport Service, Accommodation services, Housekeeping Services & Restaurant Services, if such services are supplied through ECO. For reporting of such supplies a new Table 3.1.1 is being added in GSTR-3B as per Notification No. 14/2022 – Central Taxdated 05th July, 2022 wherein both ECOs and registered persons can report their supplies made under section 9(5) respectively.
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- 21 Jul 2022 01:36 PM
Claim of 18% GST on Crematorium Services is Misleading
Source: https://taxguru.in/goods-and-service-tax/claim-18-gst-crematorium-services.html
Claim: There will be 18% GST on Crematorium Services
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- 21 Jul 2022 02:18 PM
AIIMS Delhi raises private ward room rent after 5% GST levy
New Delhi: The All India Institute of Medical Sciences (AIIMS- Delhi) has raised charges of its private ward rooms following the recent decision by the GST Council to levy a 5% tax on hospital room rent exceeding ₹5,000 per day.
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- 21 Jul 2022 02:27 PM
Break BJP's prison, bring people's govt in 2024: Mamata Banerjee at TMC rally
Addressing the Shaheed Diwas (Martyr's Day) rally in Kolkata, West Bengal Chief Minister and Trinamool Congress (TMC) supremo Mamata Banerjee on Thursday attacked the Bharatiya Janata Party (BJP), saying the party is trying to break all state governments.
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- 20 Jul 2022 02:35 PM
No GST on items sold by Kudumbashree or small stores, says Kerala government
Amid growing protest over the imposition of Goods and Services Tax (GST) on essential commodities, Kerala government said on 19 July that it does not intend to tax items sold by entities like Kudumbashree, or small stores in 1 or 2 kg packets.
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- 20 Jul 2022 04:05 PM
FM clarifies on GST on pre-packed or pre-labeled Food Items on Twitter
The GST Council has exempt from GST, all items specified below in the list, when sold loose, and not pre-packed or pre-labeled. They will not attract any GST. The decision is of the GST Council and no one member.
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