GST News


eInvoice2 Portal to be introduced from 1st April 2023

   31 March 2023 at 08:46

NIC is happy to introduce eInvoice2 portal. It is second portal of NIC-IRP

Posted in GST |   14403 Views


SOP for scrutiny to be finalized ahead of the launch of GST Appellate Tribunal

   31 March 2023 at 08:45

Together Parliament cleaning the deck to establish GST Appellate Tribunal to resolve rising disputes under the nearly six-year-old indirect tax regime, the revenue department

Posted in GST |   3831 Views


FM grants GST exemption on cancer drug for minor

   30 March 2023 at 08:39

India's indirect taxes body gave a ₹7 lakh goods and services tax exemption for a cancer medication for a small girl.

Posted in GST |   4839 Views


Ministry of Finance states 15% increase in GST Collection YoY

   28 March 2023 at 08:41

There has been an increase of 15% in GST Collection in the month of December (FY 2022-23) as compared to the month of December (FY 2021-22)

Posted in GST |   2988 Views


Lok Sabha approves setting up of GST Appellate Tribunal to solve disputes

   25 March 2023 at 08:46

Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST.

Posted in GST |   3111 Views


Develop mechanism for online audit of GST: Parliamentary Panel on Finance

   24 March 2023 at 08:37

A high-level Parliamentary panel has suggested to the government to look into the possibility of developing a mechanism for online audit in GST, in order to make the process more efficient and less intrusive.

Posted in GST |   3153 Views


GSTN | HSN Code Reporting in e-Invoice on IRPs Portal

   23 March 2023 at 08:32

We would like to inform you that this requirement has already been implemented in the GST system, and we are now in the process of implementing the same at IRPs portal in collaboration with our IRP partners including NIC.

Posted in GST |   6111 Views


3 GST officials involved in fake raid dismissed through newspaper ad

   22 March 2023 at 07:03

The state goods and service tax department led by senior bureaucrat Rajeev Mittal on Tuesday dismissed three GST inspectors after it was confirmed they were involved in a fake raid and decamped with Rs 11 lakh from a leading trader.It was for the fir

Posted in GST |   7488 Views


GSTN issues advisory for taxpayers wishing to register as OPC in GST

   21 March 2023 at 14:36

Advisory for the taxpayer wishing to register as "One Person Company" in GSTAs per provision of section 2(62) of The Companies Act, 2013 "One Person Company" is defined as a company which has only one person as member. Some issues

Posted in GST |   7806 Views


GST officers unearthed fake invoicing racket involving tax evasion of Rs 17 crore

   20 March 2023 at 08:40

GST officers in Delhi have unearthed a fake invoicing racket involving tax evasion of Rs 17 crore and arrested two persons, the Finance Ministry said on Saturday.

Posted in GST |   4008 Views



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