18 % GST on hand sanitiser: Manufacturers say being served pending tax notices
In a statement, former chairman of CII Himachal, Harish Aggarwal, chairman of the BBN Association, Sanjay Khurana, and national chairman of the Laghu Udyog Bharti Pharma Committee, Rajesh Gupta, said that, instead of declaring manufacturers of sanitizers as warriors of Corona, the GST department has…
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CBIC gives nod to clear pending GST registrations under ‘special drive’ by July 30.
The Central Board of Indirect Taxes (CBIC) has given instructions to all field offices to clear all pending applications for goods and services tax (GST) registration by July 30 under a ‘special push.’ Applications pending until 30 June and not processed until 15 July will…
Sanitisers soaps, not medicaments; will attract higher 18% GST.
Amid the ongoing debate over goods and services tax (GST) rate on hand sanitizers, the government on Wednesday clarified alcohol-based hand sanitizers will continue to be levied at the standard rate of 18 percent as the product is a disinfectant like soaps and not a…
Covid-19: Alcohol-based hand sanitizers to attract 18% GST, rules AAR.
The Goa Bench of the GST Advance Ruling Authority (AAR) has held that the alcohol-based hygiene drug would attract 18 per cent GST in the midst of the ongoing debate on the rate of goods and services tax (GST) on hand sanitizers. This added that…
Over 1,300 exporters go missing after taking GST credits wrongfully.
The government has also identified 7,516 entities as risky exporters running through the red flags raised by different statutory agencies Of the 1,377 missing exporters, seven had been accredited as star exporters. At their main place of activity, more than 1,300 exporters who have wrongly…
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