Goods & Services Tax (GST) Updates

[Sushubh]

Target-based incentives to attract 18% GST - Times of India

India Business News: MUMBAI: The Maharashtra bench of the GST-Appellate Authority for Advance Rulings (AAAR) has held that the incentive earned by the reseller, from a US .

m.timesofindia.com

 

[Nishant]

Source

 

[Navjot Singh]

• No, GST rate for phones and other gadgets has not come down from this July 1.
• The viral image on social media only compares pre-GST tax and GST rates.
• There is no change in prices of electronic goods at the moment.

No, mobile phones and TVs are not getting cheaper from July 1, there is no change in GST rate

The Union Finance Ministry has announced a reduction in GST on the purchase of electronic items. Here is the list of items that will become cheaper in India.

www.indiatoday.in

 

[honey01]

 

[Sushubh]

India deals blow to online gaming industry with 28% tax

India's government on Tuesday said it would impose a 28% tax on funds that online gaming companies collect from their customers, in a blow to the $1.5 billion industry that has surged in popularity and attracted foreign investment.

www.reuters.com

 

[Sushubh]

Source

 

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[Sushubh]

Big tax fraud: How stolen identities were used to fake GST registration

The fraud was first identified in May this year after an individual complained with the Noida police about identity theft and fake GST registrations in his name.

indianexpress.com

 

[Navjot Singh]

Source

 

[Navjot Singh]

 

[Sushubh]

Charging your electric car to get expensive in Karnataka: Other states to follow? - Times of India

Policy & Industry News: The Karnataka Authority for Advance Ruling has ruled that a 18% Goods and Services Tax (GST) rate will be applicable to charging electric vehicle (EV)

m.timesofindia.com