Latest News

  • 14 Jun 2022
#gstnews

Extend GST compensation to states by 3-5 yrs more: Amit Mitra to Sitharaman

Extend GST compensation to states by 3-5 yrs more: Amit Mitra to Sitharaman

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  • 14 Jun 2022
#gstnews

Commissioner can’t allow deposit of Interest Payment in instalments: Orissa HC

Commissioner can’t allow deposit of Interest Payment in instalments: Orissa HC

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  • 13 Jun 2022

GST better than SST, says World Bank

KOTA KINABALU: The goods and services tax (GST) is better than the sales and service tax (SST) because the GST widens a country’s tax base and brings in more revenue, says the World Bank Group lead economist Apurva Sanghi.

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  • 13 Jun 2022

GST council will decide on compensation cess: CBIC chief

Panaji: The GST council will take a decision on the demand by Goa and other smaller states on continuing with compensation cess, Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri said.

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  • 13 Jun 2022
#gstnews

Extend GST compensation to states by 3-5 yrs more - Amit Mitra to Sitharaman

Amit Mitra, principal chief advisor to Chief Minister and Finance Department of West Bengal government, has urged Union Finance Minister, Nirmala Sitharaman, to continue to provide goods and services tax (GST) compensation to the states for the next 3 to 5 years beyond June 2022.

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  • 09 Jun 2022
#GSTnews

Maharashtra: Voluntary payment by outgoing society member subject to GST, says AAR

MUMBAI: It is not uncommon for co-operative housing societies (CHS) in Mumbai to seek transfer fees on sale of a flat, exceeding the stipulated Rs 25,000. While some societies outright seek a higher transfer fee, others ‘welcome’ an additional payment, which is set aside for future use, such as for carrying out major repairs later.

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  • 09 Jun 2022
#GSTnews

Karnataka: CBI arrests superintendents of GST, Customs over bribery charges

The CBI laid a trap and caught the accused red-handed, accepting a bribe of Rs 80,000 from the complainant. The other superintendent was also caught.

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  • 09 Jun 2022
#GSTnews

Electric vehicles: India may slash GST on lithium-ion batteries to 5%

India likely to slash the GST rate on lithium-ion batteries from 18% to 5% To give a boost to green mobility plans, India may cut the goods and services tax (GST) on lithium-ion batteries and bring them on par with taxes on electric vehicles (EVs), a media report said on Thursday.

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  • 08 Jun 2022
#gstnews

Income from property rented out: GST AAR makes an important ruling

Income from property rented out: GST AAR makes an important ruling

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  • 08 Jun 2022
#gstnews

Maharashtra: Voluntary payment by outgoing society member subject to GST,says AAR

Maharashtra: Voluntary payment by outgoing society member subject to GST,says AAR

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  • 08 Jun 2022
#gstnotification

GST Notification No. 08/2022 - 7th Jun, 2022

Govt waives Interest for Non-Filing of GSTR-8 by Prescribed E-Commerce Operators

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  • 07 Jun 2022
#gstnews

Centre working on a detailed mechanism to resolve GST disputes raised by states

Centre working on a detailed mechanism to resolve GST disputes raised by states

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  • 07 Jun 2022
#gstnews

AP Receives Rs 879 Crore GST Compensation From Centre

NEW DELHI: The Union Finance Ministry has released the Goods and Services Tax (GST) compensation fund. As part of its share, the state of Andhra Pradesh has received Rs 879.08 Crore pending for the month of June.

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  • 03 Jun 2022
#gstnews

India’s Merchandise Trade Preliminary data for the month of May, 2022

India’s Merchandise Trade Preliminary data for the month of May, 2022

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  • 03 Jun 2022
#gstnews

GST Council is unlikely to correct inverted duty correction w.r.t. Textiles

GST Council is unlikely to correct inverted duty correction w.r.t. Textiles

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  • 03 Jun 2022
#gstnews

CBDT issued clarification w.r.t. Form No 10AC for conditions of cancellation of registration

CBDT issued clarification w.r.t. Form No 10AC for conditions of cancellation of registration/approval or provisional registration/approval

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  • 02 Jun 2022
#gstnews

Link PAN-Aadhaar Card before July 1 or Pay Double Penalty: Check Step by Step Guide Here

Link PAN-Aadhaar Card before July 1 or Pay Double Penalty: Check Step by Step Guide Here

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  • 02 Jun 2022
#gstnews

Haryana GST Dept. issued instructions w.r.t. processing of applications for registration

Haryana GST Dept. issued instructions w.r.t. processing of applications for registration in FORM GST REG 01

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  • 02 Jun 2022
#gstnews

India’s Textiles Exports highest ever in FY 2021-22, Cross US$ 44 Bn

India’s Textiles Exports highest ever in FY 2021-22, Cross US$ 44 Bn

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  • 02 Jun 2022
#gstnews

GSTN enabled new functionality to add “Additional Trade Name” under the same GSTIN

GSTN enabled new functionality to add “Additional Trade Name” under the same GSTIN

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  • 01 Jun 2022
#gstnews

GSTN added 6% tax rate in GSTR-1 on the GST Portal

GSTN added 6% tax rate in GSTR-1 on the GST Portal

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