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| GST Weekly Bulletin, Vol I, Issue V |
The Finance Minister, Mr. Arun Jaitely, has indicated that GST rate on environment unfriendly products will be distinct from normal rate of taxation applicable to others under the upcoming GST regime in order to augment climate financing funds. |
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| Author : BSA Taxation Team |
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| Date : October 17, 2016 |
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| GST Weekly Bulletin, Vol I, Issue IV |
Central Board of Excise and Customs (CBEC) has estimated the Centre to collect Rs. 5.65 lakh crore as its share in the first year of GST implementation. State of Maharashtra would be the biggest contributor with about Rs. 1.31 lakh crores as its contribution, followed by Rs. 50,000 Cr from Gujarat. |
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| Author : BSA Taxation Team |
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| Date : October 10, 2016 |
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| GST Weekly Bulletin, Vol I, Issue III |
| Mr. Najib Shah, Chairman of Central Board of Excise and Customs (CBEC) is batting for minimal exemption for Corporate India under GST. According to him, exemptions distort the tax structure and therefore, there should be minimal exemptions. |
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| Author : BSA Taxation Team |
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| Date : October 3, 2016 |
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| GST Weekly Bulletin, Vol I, Issue II |
Ahead of GST Council’s first meet, Finance Minister Arun Jaitley cautioned against the proposal of granting too many exemptions as it would lead to higher rates for those falling under the tax ambit. |
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| Author : BSA Taxation Team |
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| Date : September 25, 2016 |
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| FAQs on GST - NACEN |
| CBEC has released detailed FAQs on Goods & Services Tax with an aim to educate officers as well as industry. This 276 pages document covers important provisions like regard of supply, valuation, input tax credit, returns, e-commerce and transitional provisions. |
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| Date : September 21, 2016 |
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