News

07 Sep 2021

GST fraud worth Rs 323 crore unearthed in Odisha, 2 arrested

07 Sep 2021

Govt. must constitute GST tribunal: SC

03 Sep 2021

India Merchandise Trade Preliminary data for the month of August 2021

03 Sep 2021

Rs 1,819 crore fake GST invoice racket busted, two held in Odisha

02 Sep 2021

Govt may not need special borrowing window for GST compensation to states

CA Students can undertake Industrial Training in Judicial Authorities, etc.

02 Sep 2021

CA Students can undertake Industrial Training in Judicial Authorities, Regulatory bodies, Banking co

CA Students can undertake Industrial Training in Judicial Authorities, etc.

CA Students can undertake Industrial Training in Judicial Authorities, Regulatory bodies, Banking Companies: ICAI

FM Nirmala Sitharaman will chair the 45th GST Council meeting on September 17, 2021 at Lucknow

02 Sep 2021

45th GST Council meeting will be held on September 17, 2021 at Lucknow

FM Nirmala Sitharaman will chair the 45th GST Council meeting on September 17, 2021 at Lucknow

02 Sep 2021

Centre appeals against ruling on levy of GST on maintenance charges to resident welfare associations

02 Sep 2021

Bail Application got rejected of CA charged with creating fake firms to avail credit

01 Sep 2021

Papad, irrespective of shape, is exempt from GST: CBIC

01 Sep 2021

Rs 1,12,020 crore of gross GST revenue collected in August, 2021

01 Sep 2021

Govt. of Goa issues clarification for extension of limitation under GST law

Govt. of Goa issues clarification for extension of limitation under GST law as per Honble SC order dated April 24, 2021

31 Aug 2021

#royaltyincome

Multinational franchisee model may face higher GST on Royalty income

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.

31 Aug 2021

#nogstonhostelfees

No GST on hostel fees if less than Rs 1K per day

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.

30 Aug 2021

#gstr3b #gstr1

CBIC allow filling of Form GSTR-3B & GSTR-1/IFF using EVC

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.

30 Aug 2021

#extension

Extension in revocation of cancellation of registration under GST Act

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

Extension of FORM GSTR-3B late fee Amnesty Scheme

30 Aug 2021

#GSTAMNESTYSCHEME

Extension of FORM GSTR-3B late fee Amnesty Scheme

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.