GST News

CBIC to organise third edition of GST refund fortnight from July 16-30

CBIC to organise third edition of GST refund fortnight from July 16-30

NEW DELHI: The CBIC will organise the third tranche of its special fortnight drive from July 16 to 30 to fast track clearance of pending GST refunds of exporters. In the previous two fortnights, the Central Board of Indirect Taxes and Customs (CBIC ...

Treasurer confident of sealing GST deal

Treasurer confident of sealing GST deal

Treasurer confident of sealing GST deal. Treasurer Scott Morrison says he's "very confident" states and territories will agree to overhaul the GST carve-up by the end of the year, if not sooner. Australian Associated PressJuly 17, 201811:54am.and more »

Wrong to impose GST on international air tickets, says IATA ...

Wrong to impose GST on international air tickets, says IATA ...

Global airlines' body IATA has strongly opposed levying of GST on international air tickets, dubbing the taxation as "wrong" as it contravenes many global ...

Malaysia's June inflation rate seen easing after GST scrapped

Malaysia's June inflation rate seen easing after GST scrapped

KUALA LUMPUR, July 16 (Reuters) - Malaysia's annual inflation rate likely eased to 1.3 percent in June from 1.8 percent the previous month, thanks to the withdrawal of a goods and services tax (GST), a Reuters poll showed. The 10 analysts in the ...

Training in GST procedures

Training in GST procedures

FIEO Kerala Chapter will hold a two-day certificate training programme on GST procedures on Exports, Foreign Trade Policy (2015-2020) review, various incentive schemes, Export Data Processing and Monitoring System (EDPMS) and banking here on July ...

Top priority for GST and SST Bills

Top priority for GST and SST Bills

But the priority is the abolition of GST and the implementation of SST,” said Liew who is in charge of Parliament. Asked if the Private Member's Bill by PAS president Datuk Seri Abdul Hadi Awang to amend the Syariah Courts (Criminal Jurisdiction) Act ...and more »

Natural gas, ATF in GST this week?

Natural gas, ATF in GST this week?

The GST Council, headed by Union Finance Minister and comprising representatives of all states and Union Territories, is slated to meet on July 21 and a proposal to bring natural gas and ATF under the new indirect tax regime may come up for discussion, ...

GST Council could cut tax rates on these items in next meeting - The ...

GST Council could cut tax rates on these items in next meeting - The ...

GST Council meeting: The all-powerful Goods and Services Tax (GST) Council, which is scheduled to meet on July 21, could announce another round of tax ...

GST, not a shining example yet

GST, not a shining example yet

Independent India's biggest tax reform — GST — is turning one, triggering reviews about the on-ground impacts in all sectors. One of those few segments that wholeheartedly welcomed GST was the organised jewellery. But, one year down the line, it is ...

GST not payable on reimbursement of costs to liaison offices by foreign companies

GST not payable on reimbursement of costs to liaison offices by foreign companies

Based on this reasoning the AAR concluded that – the reimbursement of expenses made by the head office cannot be treated as consideration towards any service. In the absence of any service being provided there can be no levy of GST, concluded the AAR ...and more »