Frozen Parathas 'Quite Different' From Rotis, To Attract 18% GST (Tax)

The Gujarat Appellate Authority for Advance Ruling (GAAAR) has made a distinction between the two commonly consumed Indian bread explaining why they fall in different GST slabs.

Earlier, businesses having turnover of Rs 20 crore and above were required to generate e-invoices for all B2B transactions.

RSS-affiliated Bharatiya Kisan Sangh (BKS) on Monday announced a protest rally of farmers in the national capital on December 19 to press their demands for increasing financial assistance under the PM-KISAN scheme.

GST collections in September rose 26 per cent to over Rs 1.47 lakh crore, the finance ministry said on Saturday.

The government is working on decriminalisation of certain offences under GST by raising the threshold limit for launching prosecution and also lowering charges for compounding of offence, an official said on Wednesday.

The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.

GST officers can now launch prosecution against offenders in cases where the amount of evasion or misuse of input tax credit is more than Rs 5 crore, the Finance Ministry has said.

Collections from Goods and Services Tax (GST) rose 28 per cent to Rs 1.43 lakh crore in August, the Finance Ministry said on Thursday.

Delhi Chief Minister Arvind Kejriwal on Saturday claimed that the Centre did not have to impose Goods and Services Tax (GST) on food items if the BJP had not spent a whopping Rs 6,300 crore on toppling governments of other parties in the country.

Cancellation charges of railway tickets for a class would attract GST at the same rate as applicable to the class of travel.

The GST investigation authority has asked field offices not to exercise the power to arrest in a mechanical manner and also refrain from summoning senior management officials like CMDs and CEOs.

The government on Friday said GST will not be applicable on residential units if they are rented out to private persons for personal use.

Delhi Chief Minister Arvind today alleged the government led by Prime Minister Narendra Modi has been piling on taxes on the masses but waiving it off for the rich.

Three partners of a firm based in neighbouring Thane district were arrested on Sunday for allegedly evading Goods and Services Tax (GST) and fraudulently availing input tax credit (ITC) collectively worth Rs 78 crore, officials said.