Goods And Service Tax

June 01, 2022

Centre clears GST compensation dues to states, Kerala gets Rs 5,963 crore

States are being compensated for the revenue shortfall resulting from subsuming their taxes such as VAT in the uniform national tax GST.

May 31, 2022
Can a restaurant charge 18% GST on products?

Jagga, in a communication to the Central Goods and Services Tax, Shimla Commissionerate, said an eatery in Parwanoo town in Himachal Pradesh was charging 18 per cent GST instead of 5 per cent on its premises, which was incorrect.
March 23, 2022
Kerala food vendors in the soup over varying GST slabs for packed, branded snacks

Notices, demanding additional tax, are being sent to several sellers who have sold the snacks at a GST of five per cent instead of 12 per cent.
December 31, 2021
Kerala demands 5-yr extension of GST compensation, higher allocation in centrally sponsored schemes

Briefing the media, Kerala Finance Minister K N Balagopal said the state has sought increased allocation under CSS and compensation for loss of revenue from central transfers due to reduction in share from the divisive pool, among other demands.
September 18, 2021
GST won't reduce petrol, diesel prices, says Kerala Finance Minister

Addressing the media, the minister said the state is not getting its due in the wake of the 15th Finance Commission devolution recommendations.
September 18, 2021
GST Council extends concessional tax rates on COVID drugs till Dec 31; 5% GST levied on food delivery apps

The Council, which is headed by the union finance minister and includes representatives from all states and UTs, decided to charge services by cloud kitchens and food delivery platforms like Zomato and Swiggy a 5 per cent GST.
August 29, 2021
Govt extends deadlines for various I-T compliances, GST relief

The deadline for filing the Equalisation Levy statement in Form-1 for the Financial Year 2020-21 has been extended till December 31, against the original due date of June 30, the income tax department said in a statement.

Goods And Service Tax

Centre clears GST compensation dues to states, Kerala gets Rs 5,963 crore

Can a restaurant charge 18% GST on products?

Kerala food vendors in the soup over varying GST slabs for packed, branded snacks

Kerala demands 5-yr extension of GST compensation, higher allocation in centrally sponsored schemes

GST won't reduce petrol, diesel prices, says Kerala Finance Minister

GST Council extends concessional tax rates on COVID drugs till Dec 31; 5% GST levied on food delivery apps

Govt extends deadlines for various I-T compliances, GST relief

Exclusive interview with Uma Thomas: 'Have learned some tricks from PT Thomas'

GST revenue at over Rs 1.16 lakh crore in July

Enhanced GST collection should now be 'new normal': FM Sitharaman

GST Council leaves tax rate on COVID vaccines, medical supplies unchanged