Saturday, Jun 15, 2024 | Last Update : 10:58 PM IST

input tax credit

18 pc GST on flat owners paying monthly maintenance of over Rs 7,500

Tax liability would be calculated for a person who owns two or more flats in the housing society or residential complex.

23 Jul 2019 8:49 AM

Anarock budget wish list for realty sector: More bank funds, ITC benefit in GST

The liquidity crisis is the major factor preventing completion of over 5.6 lakh stalled units across top seven cities.

14 Jun 2019 11:35 AM

Rs 13-cr GST fraud busted after multi-city raids by UP STF, sales tax dept

According to officials, the accused firms, RoundPay Techno Media and RoundPay Voice Tech, were both registered at same address in Lucknow.

14 Apr 2019 11:52 AM

Housing supply, sales up in FY19

Developers reduced the average property sizes to align their products within the affordability bracket for more buyers

09 Apr 2019 1:37 AM

ATF under GST will ensure level playing field for domestic airlines: Suresh Prabhu

Airlines could expect an annual relief of up to Rs 5,000 crore by way of input tax credit if ATF is brought under GST.

07 Apr 2019 2:23 PM


Flexible GST rates for realty

GST Council today has approved transition plan for the new rate structure for real estate residential projects.

20 Mar 2019 1:51 AM

FinMin extends deadline to file GST returns

With this extension, businesses which wish to claim Input Tax Credit (ITC) benefit for July 2017-March 2018 period can do so till October 25.

22 Oct 2018 12:15 AM

Finance Ministry extends deadline for filing Sept GST returns to October 25

With this extension, businesses which wish to claim ITC benefit for July 2017-March 2018 period can do so till October 25.

21 Oct 2018 12:59 PM

Accountant floating fake companies held

Traders often buy fake bills to claim input tax credit on supply that never occurred.

08 Sep 2018 1:53 AM

Notice shot off to businesses for less IGST input credit claim

The analytics was conducted based on data between July to March - the first nine months of GST rollout.

08 Jun 2018 12:59 PM


Food, drinks in educational institutions to attract 5 per cent GST

Food and beverages distributed at educational institutions would be subject to Goods and Services Tax (GST) of 5 per cent.

12 Apr 2018 4:15 PM

Taxpayers can check return filing status of suppliers on GSTN portal

Once GSTIN is inserted in system, it would show taxpayer details like legal name, status (active or cancelled), jurisdiction office.

24 Feb 2018 12:26 PM

FinMin dispels concerns over high GST transition credit

Over 46 lakh businesses have paid taxes to the tune of Rs 95,000 crore in July.

22 Sep 2017 5:06 PM

Rs 65,000 crore GST credit: CBEC scans high-value claims

GST, which kicked in from July 1, allows tax credit on stock purchased during previous tax regime.

16 Sep 2017 11:34 AM

No GST on food supplied by religious institutions, says Finance Ministry

However, some ingredients and input services required for making prasadams would be subject to taxation under new regime.

11 Jul 2017 5:40 PM


GST on sanitary pads to protect tax credit for makers: Finance Min

It cited protection of rights of domestic sanitary manufacturers as a reason for not exempting this necessary product from GST.

10 Jul 2017 8:22 PM

GST launch today: GST decoded for businessmen, consumers

Here are some frequently asked questions about the Goods and Services Tax that must be answered.

30 Jun 2017 1:48 PM

GST ready to rollout; small Indian businesses unprepared

India's biggest indirect tax reform is taking a toll on millions of small businesses as they grapple with the complexities of GST.

28 Jun 2017 12:57 PM

Jaitley urges Mehbooba Mufti to implement GST in J&K

The Union Finance Minister listed out the disadvantages of the state not introducing GST from July 1.

26 Jun 2017 8:15 PM

Mobile phones, recharges to get costlier under GST

GST Council has fixed 18 per cent tax for telecom services, 12 per cent for mobile phone manufacturing.

20 May 2017 11:59 AM