Multinational hotel chains and tech companies that operate through franchisee models in India have come under their royalty income with the indirect tax department questioning the nature of agreement with their franchisees and demand higher GST. Most multinationals pay 12% goods and services tax (GST) on the amount, but the department is seeking to levy 18% GST.
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The Maharashtra (AAR) has held that hostel fees charge to student will not attract GST where the rent per room is less than Rs 1k per day, per person, this will be subject to a Nil rated under GST Entry no -14 , further CBIC has clarify in its circular if the lodging fee are below this prescribed monetary limit ,it will be exempt from GST.
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The filing of GSTR-3B and GSTR-1/ IFF by companies using electronic verification code (EVC), instead of Digital Signature certificate (DSC) has already been enabled for the period from 27.04.2021 to 31.08.2021. This has been further extended to 31st October, 2021.
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CBIC has extended the timelines for filing of application for revocation of cancellation of registration under GST has now been extended to September 30, 2021 instead of August 31,2021, where the due date of filing of application for revocation of cancellation of registration falls between March 1, 2020 to August 31, 2021
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CBIC has extended the last date to avail of the late fee amnesty scheme under Goods and Services Act (GST) has now been extended to November 30, 2021 instead of August 31,2021.
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CBIC enabled payment of customs duty on ECCS courier imports through its e-payment gateway
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Advisory on number of digits of HSN to be mentioned on tax invoice and GSTR-1 filing errors
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Implementation of Rule 59(6) (restriction in filing GSTR-1 in certain cases) on GST Portal w.e.f. 01.09.2021
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Karnataka CM Demands Extension of GST Compensation to States for 3 More Yrs
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Clarification w.r.t extension of limitation under GST Law in terms of Hon’ble SC’s Order dated April 27, 2021
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Govt says open to ‘tinkering’ GST rates on automobiles
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India’s GDP likely to grow at 18.5% in April-June quarter this fiscal: SBI report
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Central GST Commissionerate detects multi-crore tax evasion
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Cut GST on edible oils to benefit consumers- Trade body
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GST: E-way bill generation maintains momentum in August, 2021
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DGGI arrests the mastermind of fake ITC bills involved in GST evasion of Rs. 200 Crores
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Despite record tax mop-up, govt continues to borrow heavily, hits 46% of target for FY22: Report
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Supreme Court Issues Notice On Plea Challenging 18% GST On DNB Doctors' Fee
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GST Intelligence busts fake companies, arrests mastermind
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GST department becomes hi-tech, trucks will be monitored from toll plaza
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