Gst Act

E-commerce companies to deduct 1% TCS under GST from 1 October; 'unfair liability imposition' says trade body

TCS provision would increase compliance burden for e-commerce companies but help government in checking tax evasion.

Govt to ask MSMEs under GSTN to obtain Udyog Aadhaar to avail benefits of various schemes

The finance ministry is likely to send an email to the micro, small and medium enterprises soon, detailing the services that can be obtained using Udyog Aadhaar.

Govt proposes 46 amendments to GST laws; employers may soon get to claim input tax credit on food, transport

Govt has proposed as many as 46 amendments to the Goods and Services Tax (GST) laws -- Central GST, State GST, Integrated GST and Compensation of Sates Act

Gujarat High Court issues notices Centre, state govts on plea on GST Act

The Gujarat High Court has issued notices to the central and state governments and the GST Council on a petition challenging the "absence of provisions" under the GST Act which "blocks" advocates from availing the input tax credit.

GST: Hasmukh Adhia tells companies to hold prices till roll out on 1 July

The GST Act includes the provision of setting up an anti-profiteering authority to ensure that companies pass on the benefit of tax reduction to customers.

GST rates fixed: Finance ministry warns industry against increasing prices arbitrarily

The GST Act includes the provision of setting up an anti-profiteering authority to ensure that companies pass on the benefit of tax reduction to customers.