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GST News Headlines

Textile MSMEs yet to see positive impact of the new taxation, GST continues to haunt small exporters: AEPC
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Textile MSMEs yet to see positive impact of the new taxation,…

New Delhi, Oct 27 (KNN) Voicing concerns of the textile sector comprising of a fair share of the Micro, Small and Medium Enterprises (MSMEs) an Appeal…

Group of Ministers chaired by Assam Finance Minister will discuss with MSME Associations for further streamlining of procedures under GST
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Group of Ministers chaired by Assam Finance Minister will discuss…

New Delhi, Oct 26 (KNN) GST Council, the apex policy making body for GST implementation will be meeting the representatives of Micro Small and Medium Enterprises…

FOSMI to conduct interactive session with Kolkata CGST Commissionerate for MSMEs
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FOSMI to conduct interactive session with Kolkata CGST Commissionerate…

New Delhi, Oct 26 (KNN) Eyeing at handholding the Micro, Small and Medium Enterprises (MSMEs) under the newly implemented Goods and Services Tax, the Federation…

Carpet industry in a distress situation under GST, need for immediate attention: CEPC
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Carpet industry in a distress situation under GST, need for…

New Delhi, Oct 25 (KNN) The 18 per cent GST on job works and 12 per cent GST on the sale and purchase of carpets has disrupted the business of carpet industry…

GST council to hold consultations with MSME associations
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GST council to hold consultations with MSME associations

New Delhi, Oct 25 (KNN) In a bid to facilitate relief to the Micro, Small and Medium Enterprises (MSMEs) in the country with regard to the complications…

Govt. announces penalty waiver on GST returns for August-September
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Govt. announces penalty waiver on GST returns for August-September

New Delhi, Oct 25 (KNN) Eyeing at facilitating relief to the taxpayers, the Union government recently announced waiving of penalty on the delayed filing…

Revenue Sec says burden on MSMEs under GST need to be reduced, MSMEs fear if it is too late
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Revenue Sec says burden on MSMEs under GST need to be reduced,…

New Delhi, Oct 23 (KNN) With the Goods and Services tax (GST) entering its fourth month, the Tax rates under the GST need to be revised, Revenue Secretary…

GST proving instrumental for the economy, added 27 Lakh taxpayers to mainstream: PM Modi
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GST proving instrumental for the economy, added 27 Lakh taxpayers…

New Delhi, Oct 23 (KNN) Responding to the criticism regarding to the newly implemented Goods and Services Tax, Prime Minister Narendra Modi said that the…

Council working to ease burden of new tax on SMEs, readjustment of tax rates underway: Hasmukh Adhia
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Council working to ease burden of new tax on SMEs, readjustment…

New Delhi, Oct 23 (KNN) Eyeing at facilitating relief to the struggling Micro, Small and Medium Enterprises (MSMEs) sector in the country under the newly…

Low compliance rates, 50 per cent of the taxpayer still to file return for September
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Low compliance rates, 50 per cent of the taxpayer still to file…

New Delhi, Oct 23 (KNN) Over 3.94 million assesses have paid the goods and services tax (GST) and filed returns for the month…

MSMEs fear quarterly GST return provision may hurt business; manufacturers may shift to big players
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MSMEs fear quarterly GST return provision may hurt business;…

New Delhi, Oct 21 (KNN) With the government extending the threshold to 1.5 crores and allowing them to file the returns on a quarterly basis instead of…

Fearing fall in compliance rates, govt reiterates no waiving of penalty for delayed filing of GST
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Fearing fall in compliance rates, govt reiterates no waiving…

New Delhi, Oct 17 (KNN) With the different stakeholders eyeing at the council for relief on penalty incase there is delayed filing of returns under the…

Cash shortage – GST confusion impacts market, 40 per cent drop in Diwali sales: CAIT
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Cash shortage – GST confusion impacts market, 40 per cent drop…

New Delhi, Oct 17 (KNN) With the festive season round the corner, contrary to the usual, different sectors of the market have registered a low sale record…

Talks underway to reduce items under the high 28 per cent GST slab: Hasmukh Adhia
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Talks underway to reduce items under the high 28 per cent GST…

New Delhi, Oct 17 (KNN) With over four months into the Goods and Services Tax (GST), the government is considering revising the list of items that are placed…

GST council to hold talks with MSMEs to facilitate ‘ease’ under new taxation
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GST council to hold talks with MSMEs to facilitate ‘ease’ under…

New Delhi, Oct 17 (KNN) Eyeing at addressing the concerns of the Micro, Small and Medium Enterprises (MSMEs) of the country pertaining to the newly rolled…

Agra Leather MSMEs demand reduction in GST Rates
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Agra Leather MSMEs demand reduction in GST Rates

New Delhi, Oct 11 (KNN) Leather Industry in Agra comprising of a fair share of Micro, Small and Medium Enterprises (MSMEs) has raised concerns over the…

MSMEs in Punjab express concern over revised tax return system under GST
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MSMEs in Punjab express concern over revised tax return system…

New Delhi, Oct 11 (KNN) With the Goods and Services Tax (GST) council announcing revision with regard to the filing of tax returns, the small traders along…

Relaxation in GST, a boost for MSMEs, exporters: SMERA
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Relaxation in GST, a boost for MSMEs, exporters: SMERA

New Delhi, Oct 10 (KNN) According to credit rating agency,  SMERA, the recent simplification of tax structure and minimization of compliance cost under…

No further extension for filing GSTR-1, Finance Ministry notifies
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No further extension for filing GSTR-1, Finance Ministry notifies

New Delhi, Oct 10 (KNN) Pushing the taxpayers to file the GSTR-1 in time, the finance ministry notified that taxpayers who have not yet filed their GSTR-1…

MSME sector in shambles in Tamil Nadu due to GST
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MSME sector in shambles in Tamil Nadu due to GST

New Delhi, Oct 10 (KNN) The Goods and Services Tax (GST) has taken its toll on the Micro, Small and Medium Enterprises (MSME) in Tamil Nadu. Most of the…