GST News

GST Revenue in March 2024 Surge 11.5% YoY, Hits Rs 1.78 Lakh Crore Mark, Second-Highest Ever

01 April 2024 at 17:25

Second highest monthly Gross GST Revenue collection in March at Rs 1.78 lakh crore; Records 11.5% y-o-y growth (18.4% on net basis)

Posted in GST | 690 Views

CBIC Issues Guidelines to Enhance Ease of Doing Business in CGST Investigations with Regular Taxpayers

01 April 2024 at 09:15

CBIC has released Instruction No. 01/2023-24-GST (Inv.) on March 30, 2024, providing crucial guidelines aimed at streamlining investigations involving regular taxpayers under the Central Goods and Services Tax (CGST) regime.

Posted in GST | 4860 Views

CBIC Issues Guidelines For Officials To Prevent Taxpayer Harassment

30 March 2024 at 08:43

The Central Board of Indirect Tax and Customs (CBIC) has recently approved a comprehensive Standard Operating Procedure (SOP) for officials of the Directorate General of GST Intelligence (DGGI).

Posted in GST | 4020 Views

CBIC Declares March 29-31, 2024 as Operational Days for Customs Field Formations

29 March 2024 at 09:00

In a recent directive issued by the Central Board of Indirect Taxes and Customs (CBIC), all field formations of Customs across the country are mandated to remain operational on March 29th, 30th, and 31st, 2024.

Posted in GST | 3327 Views

DCB Bank Integrates with GST Portal for Seamless Tax Payments

27 March 2024 at 08:51

DCB Bank, a forward-thinking private sector bank, has recently announced the successful implementation of its integration with the Goods and Service Tax (GST) payment portal.

Posted in GST | 2181 Views

CBI Initiates Action Against 3 GST Officials Over Alleged Rs 22 Lakh Bribe Demand

26 March 2024 at 07:46

The Central Bureau of Investigation (CBI) has initiated legal action against two superintendents of central GST and another official over allegations of soliciting a hefty bribe amounting to Rs 22 lakh from a bullion trader. The incident, which unfol

Posted in GST | 1 comments | 1158 Views

Instructions Issued for Rectification of Assessment Orders u/s 161 of DGST Act 2017 for FY 2017-18

23 March 2024 at 08:55

The Delhi Goods and Services Tax (GST) Department has recently issued significant instructions, aiming to streamline the rectification process for assessment orders under Section 161 of the DGST Act, 2017.

Posted in GST | 3714 Views

ICAI releases a Handbook on Compliances of GST in Banking Sector

16 March 2024 at 07:47

The Handbook is bought with a view to help members to examine and substantiate GST compliance by banks specially while doing the Bank Branch/ Central Statutory and Concurrent Audit.

Posted in GST | 3393 Views

GSTN issues Advisory on GSTR-1/IFF Introducing New 14A and 15A tables

13 March 2024 at 09:07

Advisory on GSTR-1/IFF: Introduction of New 14A and 15A tables

Posted in GST | 5055 Views

GSTN Expands Payment Options: UPI & Debit/Credit Cards Now Accepted in 15 States/UTs

12 March 2024 at 09:23

Now GST payments through UPI & Debit/Credit Cards are available in 15 states/UTs.

Posted in GST | 1443 Views