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Roti vs parathas: Tastes differ, so does GST rate
Parathas are not the same as roti or chapati or khakra and will attract 18% GST, rules Gujarat bench of AAR
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GST: Flavoured milk not flavour of the season
Experts suggest the AAR decision will affect the local dairy producers' and farmers' profitability, as the company will reduce their pays.
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Sensex climbs Mt58K! Where is the margin of safety on D-St?
Last week, the domestic equity markets ended at a record high as momentum continued in bluechip large caps.
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GST revenue at over Rs 1.12 lakh crore in August
The finance ministry said that with the easing out of Covid restrictions, GST collection for July and August 2021 have again crossed Rs 1 lakh crore.
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Relief for students, no GST on hostel fees less than Rs 1000 per day
As per the ruling, the hostel fee below Rs 1000 per day per student will be subject to a ‘nil’ rate under Entry Number 14.
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Non-filers of GSTR-3B to be barred from filing GSTR-1
GSTR-3B, through which businesses pay taxes, is filed in a staggered manner between 20th-24th day of the succeeding month
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Papad comes in all shapes and sizes, but attracts no tax
The Gujarat bench of AAR rules that as long as ingredients are similar, GST cannot be levied on papad.
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GST: Sweet deal for lassi lovers, but no such joy for those who like flavoured milk
Dairy products like curd, Lassi and buttermilk have been listed under the exempted category of GST
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Pruning list of tax-exempt items and anomalies on GST Council’s agenda
Tarun Bajaj, revenue secretary, said that the Centre’s policy is to provide a tax regime that is stable as well as predictable.
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Industry needs to increase risk taking appetite: PM Modi
Prime Minister Modi said that taking reforms is a matter of conviction for the government, which is ready to take all risks in the national interest
