GST INDIA

CBEC to Go Liberal in Enforcing Penal provisions for Initial Six Months of GST Implementation, says CBEC Chairman

Read more at: http://www.taxscan.in/cbec-go-liberal-enforcing-penal-provisions-initial-six-months-gst-implementation-says-cbec-chairman/9443/

CBEC to Go Liberal in Enforcing Penal provisions for Initial Six Months of GST Implementation, says CBEC Chairman | Taxscan “We look forward to assisting and facilitating industry in the adoption of GST in all possible ways. CBEC will help industry in the transition to GST and our enforcement machinery will be liberal in enforcement of the panel provisions for the initial three to six months of GST implementation”, said ...

http://www.taxscan.in/gifts-rs-50000-made-employer-employee-subject-gst-govt-clarifies-gst-gift/9159/

Gifts of more than Rs. 50,000 made by Employer to Employee is subject to GST: Govt Clarifies GST on Gift | Taxscan The Ministry of Finance clarified that, Gifts up to a value of Rs 50,000/- per year by an employer to his employee are outside the ambit of GST. However, gifts of value more than Rs 50,000/- made without consideration are subject to GST, when made in the course or furtherance of business. It is bein...