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Union Finance Minister Nirmala Sitharaman on Monday termed the Opposition's criticism of the Goods and Services Tax (GST) as 'Gabbar Singh Tax' as a knee-jerk reaction which is a disservice to the country's institutions. 

Responding to ...

In respect of GST, the Government has notified Amnesty scheme which aims to provide relief to taxpayers regarding late fee for pending returns. This scheme will remain valid from June 1, 2021 to August 31, 2021.This scheme is as per the recommendatio ...

In the case of Amit Beriwal vs. State of Odisha before Odisha HC, the Petitioner, who was in custody, had filed a bail application. Underlying complaint and the prosecution report indicates that a large number of fraudulent business transactions w ...

Investment in plant and machinery has been the traditional parameter on which MSMEs have been classified, enabling them access to various sops such as concessional finance, though the main benefit of excise duty relief has been lost ever since the ...

E-way bill, or electronic way bill, is a document that needs to be generated by registered GST taxpayers for inter-state movement of goods if the value of the consignment is more than Rs 50,000. It is one of the prominent indicators of economic ac ...

The goods and service tax regime complete three years since it was first introduced on July 1 2017. The biggest tax reform for indirect taxes in India has created a single market emulating international best practices, but hiccups for taxpayers re ...

Property developers were already battling a pronounced demand slump for rented space, resulting in either surrendered tenancy or abysmally low rents. And they now have another problem to tackle – paying goods and services taxes (GST) at 18% GST on ...

👉 Notification No. 49/2020 - Central Tax

To bring into effect certain provisions of the Finance Act, 2020


👉 Notification No. 50/2020 - Central Tax

Notifying rates of GST for Composition Taxable Persons under Rule 7 o ...