NEWS UPDATE
Tax Returns & Politicians - They necessarily make quaint & strange bedfellows! Proliferate Litigation as much as you can Impasse over Digital Tax - Shadow of fresh bout of Trade War looms large! Faltering Cooperative Federalism - No consensus in GST Council - Can the GST Council stop a State from borrowing? GST Compensation - A tale of '3 Ps' blustering for no kosher reason! Compensation, Calculation, Confusion GST Compensation issue turns into 'fiscal cholesterol' - May hurt recovery metabolism of Economy! GST - Gross Statutory Transgression - CAG wrings an alarm COVID-19 & Digital Technologies eat up romance of 'OFFICE' & also sovereignty to levy taxes! The Interest Conundrum GST - Breezily e-invoicing amidst COVID-19 - Voicing concerns crawling lately! Registration Mirror GST Compensation acquires hues of 'Fiscal Apartheid'! Acts of God and GST Compensation Pranab Da - The 'Gulliver' of Indian Taxation is gone! GST Compensation Options GSTN activates GSTR-2B reflecting ITC against invoices uploaded Import data in GSTR-2A also activated GST - Compensation - Two options given to States GST - Sparring over Compensation - Hybrid solution lies between selective tariff hike & borrowings! GST - Sec 50 - No recoveries of interest for past period: CBIC Section 50 Notification Causes Widespread Fear GST - Interest now payable on net liability from Sept 1, 2020 GST Council urged to raise taxes on tobacco India-China Face-off - A peep into tetchy shades of Chinese Diplomacy! Input Tax Credit - Vested Right or Concession? India-China Faceoff - Do not keep quiet & take it on Chin! New Delhi needs to counter Beijing's Chequebook Diplomacy! GST Data safe with GSTN - don't worry, there's a solution GST Compensation - Gift, Statute, Trust? GST - Compensation Cess turning into poisoned chalice for States! China-centric Global Supply Chain corroding! India urgently needs to play with clay of Policy Packages! Repugnant Refund
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