GST News

Kerala to Mandate E-Way Bill for Gold Transportation Above Rs 10 Lakh from 1st January

01 January 2025 at 08:00

Starting January 1, 2025, transporting gold worth more than ₹10 lakh in Kerala will require an e-way bill, as announced by State GST Commissioner Ajith Patil.

Posted in GST | 474 Views

Biometric Aadhaar Authentication Made Mandatory for GST Registration in Arunachal Pradesh

01 January 2025 at 08:00

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Arunachal Pradesh

Posted in GST | 372 Views

Trade Bodies and Tax Professionals Call for GST Reforms in Union Budget 2025

31 December 2024 at 09:12

As the Union Budget 2025 approaches, trade associations and tax professionals have voiced their expectations for significant changes to the Goods and Services Tax (GST) framework.

Posted in GST | 1434 Views

Deadline for Amnesty Scheme 2024 to Resolve Pre-GST Tax Arrears Ends 31st Dec

30 December 2024 at 09:04

The State GST Department has reminded taxpayers that the deadline to apply for the Amnesty Scheme 2024, aimed at resolving decades-old tax arrears under pre-GST tax regimes, is December 31, 2024.

Posted in GST | 981 Views

GSTN Issues Advisory on Waiver Scheme Under Section 128A: Key Details for Taxpayers

30 December 2024 at 09:03

Advisory for Waiver Scheme under Section 128A

Posted in GST | 774 Views

GST on Caramel Popcorn in Theatres Remains at 5%, Govt Clarifies

28 December 2024 at 09:01

Amid social media uproar over an 18% GST allegedly being imposed on caramelized popcorn, government sources clarified on Tuesday that popcorn sold in theatres will continue to attract a GST rate of 5%.

Posted in GST | 3426 Views

GST Council Exempts Gift Vouchers from Taxation, Bringing Relief to Retail and Corporate Sectors

27 December 2024 at 09:04

The GST Council's recent decision to exempt gift vouchers from indirect taxation has been hailed as a game-changer by industry leaders, offering much-needed clarity to the retail and corporate sectors.In its latest meeting, the council clarified that

Posted in GST | 3030 Views

GST Hike on Used Vehicles May Drive More Transactions to Informal Channels

26 December 2024 at 09:01

The GST Council's recent proposal to increase the Goods and Services Tax (GST) rate on used vehicles from 12% to 18% has sparked concerns about its potential impact on India’s formal used car market.

Posted in GST | 1971 Views

New GST Mechanism to Simplify Registration for Small Businesses and New Applicants

26 December 2024 at 09:00

The GST Council, in its December 21, 2024, meeting, granted 'in-principle' approval to a new mechanism aimed at simplifying the registration process for new and small businesses.

Posted in GST | 2847 Views

GST Council Nullifies SC Ruling on Safari Retreats, Shaking Up Real Estate ITC Claim

25 December 2024 at 09:51

The GST Council's recent decision to retrospectively amend the GST law, restricting input tax credit (ITC) on construction services, has sent ripples across the real estate and infrastructure sectors.

Posted in GST | 1 comments | 3159 Views