News Update

Income tax - No Assessee can escape penalty in garb of technicality, if he splits his income receipts and deferres same in two subsequent years: HCST - When a person takes part in an activity with reference to his expertise, he is no more part of general public - workshops organized by appellant taxable under Convention service: CESTATCX Since the respondents are merely loan licensee they cannot be treated as manufacturer no registration can be granted Revenue appeal allowed: CESTATRevenue Secretary urges Industry & traders to pass on benefits of lower GST rates to consumersGST - Sushil Modi further sensitises Infosys; EDIT facility for returns to be activated soonGovt sets up Second National Judicial Pay CommissionImpact of Moody's rating upgrade - NHAI projects become less riskyIT infra missing at many Customs stations - CBEC Chairperson asks for speeding up installation of netwrok equipmentsIncome Tax seizes cash to tune of Rs 11 Crore from NSE brokerAustralians support same-sex marriage in national surveyDigital economy to the fore again (See 'TII EDIT')Renewable Energy - Challenge is research in storage technologyICAO Audit finds safety system in placeI-T - Interest received towards late payment following award passed by District Court is taxable income: HCPM reviews performance of key infra projectsCX Blinds are in nature of curtains and cannot be said to become immovable properties when they are mounted on wall: CESTATGST Administration facing acute manpower shortage at Group 'A' level; About 1900 posts remain vacant against over 5800 posts in CBECJD(U) election symbol - EC verdict out; Nitish faction defeats Sharad Yadav splinter groupSEBI bans Swarnabhumi Agritech India & its Directors for four yearsGST - MRP - additional stickers allowed upto Dec 31, 2017CBDT invites comments of stakeholders for conversion of Indian branches of foreign banks to Indian subsidiary companyMoody's upgrade India's credit rating to Baa2CBDT issues transfer order of 7 DC/ACITsBudget 2018 - MoF invites suggestions from Industry and Trade
Untitled Document

The Cob(Web)s on GST
by Shailendra Kumar

Flawed Business Processes take toll on revenue & GST's Design!
Number : 580
Dated : 16 November 2017

Business Processes have failed GST! Council needs to 'Reboot' it!
Number : 579
Dated : 09 November 2017

GST heading for Avalanche of Litigation!
Number : 578
Dated : 02 November 2017

GST getting caught in storm of invoice mismatch! Exporters get a feel of it!
Number : 577
Dated : 26 October 2017

GST - Is it going to be costly perestroika for BJP?
Number : 576
Dated : 19 October 2017

Kudos to GST Council but more needs to be done!
Number : 575
Dated : 12 October 2017

Problems, Problems & Problems - What should GST Council do to handhold taxpayers?
Number : 574
Dated : 05 October 2017

World Trade recovers but India's exports suffers! Thanks to GST
Number : 573
Dated : 28 September 2017

GST - Ground-level problems crying for solutions!
Number : 572
Dated : 21 September 2017

GST Mess - Why blame GSTN alone! It's time to review Business Processes!
Number : 571
Dated : 14 September 2017

GST Let Down by GSTN
Number : 570
Dated : 07 September 2017

GST Network & Data Protection - Shadow of SC Judgement
Number : 569
Dated : 31 August 2017

GST - A Sad Tale of GSTN & Ease of Doing Business gone!
Number : 568
Dated : 24 August 2017

Paying GST without ITC? - It's unfair!
Number : 567
Dated : 17 August 2017

RCM Brahmastra under GST - Income Tax Department to be key Beneficiary
Number : 566
Dated : 10 August 2017

GST-related Clarifications - Press Releases & Tweets a risky Culture!
Number : 563
Dated : 20 July 2017

Two key challenges for CBDT - Mounting tax arrears & GST humongous data
Number : 562
Dated : 13 July 2017

GST Roll-out with hiccups; White Paper on Future DESIGN warranted
Number : 561
Dated : 06 July 2017

GST July 1 - A Historic Gain & a Loss!
Number : 560
Dated : 29 June 2017

GST - July 1 - Another 'Disruptive' Decision?
Number : 559
Dated : 22 June 2017

GST - July 1 - Welcome to the World of Complete Chaos!
Number : 558
Dated : 15 June 2017

July vs September - GST Council needs to avail Constitutional space for better preparedness?
Number : 557
Dated : 08 June 2017

GST - A decision to delay much warranted!
Number : 556
Dated : 01 June 2017

GST Rate Fixation - A Death Knell for Corporate Lobbying?
Number : 555
Dated : 25 May 2017

GST - A New Look CBEC, sorry, CBIC on the cards
Number : 549
Dated : 13 Apr 2017

Hasty passage of GST Bills - Customs loses power to levy IGST on Import of Goods!!
Number : 548
Dated : 06 Apr 2017

GST Bills - A Bundle of Pain & Relief, both!
Number : 547
Dated : 30 Mar 2017

Rising Din Against Litigation - Do something before India boards GST Bus
Number: 546
Dated : 23 Mar 2017

CAG Audit guillotined? - Should Parliament necessarily go with GST Council?
Number: 545
Dated : 16 Mar 2017

GST Council needs to address growing feeling of being wronged!
Number: 543
Dated : 02 Mar 2017

IGST continues to be 'Apple of Discord'
Number: 542
Dated : 23 Feb 2017

Do we have Plan B if GST Network fails?
Number: 541
Dated : 16 Feb 2017

IGST - GST Council rocks the 'Little Boat'!
Number: 540
Dated : 09 Feb 2017

Division of GST Assessee-base - CBEC officers rightly in pain - FM needs to apply balm!
Number: 538
Dated : 26 Jan 2017

GST Rapprochement - Is everything lost for CBEC?
Number: 537
Dated : 19 Jan 2017

Kudos to Mr Jaitley for steadily steering GST Council towards 'Destination' & Tax!
Number: 535
Dated : 05 Jan 2017

Delay in GST Roll-out - Will GST Council answer its critics today?
Number: 533
Dated : 22 Dec 2016

Employer-Employee Services: GST Model Law really intends to tax Diwali & Christmas Gifts?
Number: 532
Dated : 15 Dec 2016

GST - Let's not water down the Territorial Waters issue
Number: 531
Dated : 08 Dec 2016

Is GST Council heading for Stalemate?
Number: 526
Dated : 03 Nov 2016

GST Tryst with Three Fault lines!
Number: 525
Dated : 27 Oct 2016

GST Rate Structure - Demerit Goods - Politics of Cess would not work!
Number: 524
Dated : 20 Oct 2016

Taxing Services - First Bone of Contention - How should GST Council arrive at compromise?
Number: 522
Dated : 06 Oct 2016

An extraordinary going by GST Council; More decisions to be made tomorrow
Number: 521
Dated : 29 Sep 2016

First Mega Decision of GST Council - Service Providers & Manufacturers exited from Composition Scheme
Number: 520
Dated : 23 Sep 2016

'Errors' in GST Notifications - Dr Adhia, do not let them snowball into huge embarrassment!
Number: 519
Dated : 18 Sep 2016

GST Roll-out - Dr Adhia, an unstoppable dynamo, sees nothing but ONLY April 1, 2017!
Number: 518
Dated : 15 Sep 2016

Is GST Council going to depend more on Consensus Democracy for efficiency!
Number: 517
Dated : 08 Sep 2016

Hasty Implementation of GST may end up 'eating up' Small & Tiny Businesses!
Number: 516
Dated : 01 Sep 2016

GST Council - A Baby likely to be born with major Legal & Constitutional handicaps
Number: 514
Dated : 18 Aug 2016

Dear FM, Let's not rush into, India can ill-afford semi-cooked GST Laws
Number: 513
Dated : 11 Aug 2016

Small Businesses do not exist for GST Model Law!!
Number: 508
Dated : 07 Jul 2016

GST Model Law - Is India itching for 'under-cooked' reform?
Number: 506
Dated : 23 Jun 2016

Digital Economy - Service Tax - A 'TRIP' worth caring for!
Number: 485
Dated : 28 Jan 2016

Can Betting & Gaming piggyback on GST Bill? - Let's bet on it!
Number: 482
Dated : 07 Jan 2016

Delayed GST is better than flawed one - Does FM really mean it?
Number: 480
Dated : 24 Dec 2015

Passage of GST Bill - FM calls it quits!!
Number: 479
Dated : 17 Dec 2015

Breakdown in GST Caravan - Guard against All Forces
Number: 478
Dated : 10 Dec 2015

Proposed Business Processes under GST call for serious 'polishing'!
Number: 470
Dated : 15 Oct 2015

Pressure builds on GST Balloon but CBEC continues to ...
Number: 463
Dated : 27 Aug 2015

Filibustering by Opposition may help 'refine' delayed GST System!
Number: 460
Dated : 06 Aug 2015

The 'Baking' of GST
Number: 458
Dated : 23 Jul 2015

Formation of two more Committees - Does it mean that Centre & States are not GST-ready?
Number: 453
Dated : 18 Jun 2015

Credit Flow in GST Regime - And the Discredit goes to ...
Number: 449
Dated : 21 May 2015

GST Bill half-passed but FM needs to guard against serious fault lines!
Number: 447
Dated : 07 May 2015

GST gets caught in another cycle of birth pangs
Number: 446
Dated : 30 Apr 2015

Has Union Cabinet really put GST Caravan on 'fire'!
Number: 427
Dated : 18 Dec 2014

Central GST roll-out: Has Doctrine of 'ekla cholo re' really prevailed over Jaitley?
Number: 404
Dated : 10 Jul 2014

'GST in India' - A Tale of Three 'Bowls' of Conflict
Number: 395
Dated : 08 May 2014

GST Caught in Womb of Big Questions!
Number: 340
Dated : 18 Apr 2013

GST - States for band rates and no DSA; GST Network 'nets' ownership controversy
Number: 329
Dated : 31 Jan 2013

Let's Talk About Growth-Tonic called GST
Number: 318
Dated : 15 Nov 2012

GST ke liye kuchch bhi karega!
Number: 232
Dated : 24 Mar 2011

Pranab Da Shows Unflinching Determination to GST Roll-Out!
Number: 229
Dated : 03 Mar 2011

Last chance for GST caravans to be back on feet!
Number: 226
Dated : 10 Feb 2011

GST: Pranab Da prefers to ride horses of optimism!
Number: 218
Dated : 16 Dec 2010

Political cul-de-sac for GST: Tax reforms - no longer jindabad!
Number: 217
Dated : 09 Dec 2010

GST Roll-out: States fail Indian Economy - Dasgupta proposes 'Interim Arrangement' - FM rejects it
Number: 207
Dated : 30 Sep 2010

GST - Constitutional Amendment Bill - EC again says NO - Will Mr Mukherjee take call to move Bill in Parliament this session?
Number: 201
Dated : 19 Aug 2010

GST - North Block shows never-die spirit, turns GST Council into recommendatory body to earn States' support
Number: 200
Dated : 12 Aug 2010

Dear FM, GST-boat is not fully rocked; A few quick steps may bring it back on rail!
Number: 199
Dated : 05 Aug 2010

GST roll-out: FM floats 'Fusion Theory' for dual rates; succeeds in roping in purchase tax
Number: 197
Dated : 22 Jul 2010

States to rediscover GST on July 21; Nandan Nilekani to take States through voyage of rediscovery!
Number: 196
Dated : 15 Jul 2010

Centre prepares for 'Flawed GST' with dual rates; All efforts to realise April 1, 2011 deadline
Number: 193
Dated : 24 Jun 2010

GST - Major Breakthrough - Centre & States almost-agree for Rs 10 lakh exemption threshold limit
Number: 189
Dated : 27 May 2010

GST - 'Pati, Patni & Woh' syndrome - Episode II
Number: 188
Dated : 20 May 2010

GST - When 'Pati, Patni & Woh' are in agreement, why is the delay?
Number: 187
Dated : 13 May 2010

Finance Commission Task Force Report on GST - The Enemy within!
Number: 166
Dated : 17 Dec 2009

GST roll-out: Dual rate for goods and services may lead to systemic duel!
Number: 162
Dated : 19 Nov 2009

GST roll-out: State fiscal jingoists succeed in proving April 1st as 'Fool's Day'!
Number: 161
Dated : 12 Nov 2009

GST White Paper all set to be unveiled but will it really demystify it?
Number: 158
Dated : 22 Oct 2009

Does GST mean 'Go Slow Tax' reform for States in India? - A case for Single GST
Number: 142
Dated : 02 Jul 2009

Congress manifesto promises GST by 2010! - Is it hinting at restoration of higher excise duty and service tax rate?
Number: 128
Dated : 26 Mar 2009