Ministry of Finance Effective tax rate on complex, building, flat etc. 08 DEC 2018 It is brought to the notice of buyers of constructed property that there is no GST on sale of complex/ building and ready to move-in flats where sale takes place after issue of completion certificate by the … [Read more...] about Effective rate of tax and credit available to the builders for payment of tax are summarized in the table for pre-GST and GST regime
GST
Extension of due dates for filing GST returns
Ministry of Finance Extension of due dates for filing GST returns 28 NOV 2018 In view of the disturbances caused to daily life by Cyclone Titli in the district of Srikakulam, Andhra Pradesh, and by Cyclone Gaza in eleven districts of Tamil Nadu viz., Cuddalore, Thiruvarur, Puddukottai, Dindigul, … [Read more...] about Extension of due dates for filing GST returns
No let-up in sanction of GST Refunds
Ministry of Finance No let-up in sanction of GST Refunds 08 NOV 2018 There are concerns being raised about growing pendency of GST Refunds. Exporters arereassured that there is no le-tup in the sanction of GST refunds. The disposal rate is consistently improving month-on-month. As on 31st … [Read more...] about No let-up in sanction of GST Refunds
GST: Goods and Services Tax Council – Journey so far
Ministry of Finance Goods and Services Tax Council - Journey so far; GST Council met 30 times, took 918 decisions since its Constitution; 96% of decisions already been implemented through 294 Notifications 28 OCT 2018 Till date, the Goods and Services Tax ( GST ) Council has taken 918 d … [Read more...] about GST: Goods and Services Tax Council – Journey so far
GST Revenue Collections for the Financial Year 2017-18
Ministry of Finance GST Revenue Collections for the Financial Year 2017-18 Total Revenue of Rs. 7.19 lakh crore collected under GST in the period between August 2017 and March 2018 27 APR 2018 During 2017-18, total revenue collected under GST in the period between August 2017 and March 2018 … [Read more...] about GST Revenue Collections for the Financial Year 2017-18