GST News

GST collection rise 12% to Rs 1.49 lakh crore in February

02 March 2023 at 08:33

₹1,49,577 crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year

Posted in GST | 5940 Views

3 people held in Aadhaar-GST multi-crore bogus billing scam

01 March 2023 at 08:41

Three persons were arrested by Bhavnagar Police on Tuesday, for conning unsuspecting Aadhaar card holders to go to Aadhaar centres where the mobile number linked to their Aadhaar identity would be changed.

Posted in GST | 6849 Views

GSTN issued advisory on opting for payment of tax under forward charge mechanism by a GTA

27 February 2023 at 08:30

Advisory on opting for payment of tax under the forward charge mechanism by a Goods Transport Agency (GTA)

Posted in GST | 9723 Views

GSTN enabled functionality for geocoding the principal place of business address

25 February 2023 at 08:44

GSTN is pleased to inform the taxpayers that the functionality for geocoding the principal place of business address is now available on the GST Portal

Posted in GST | 8268 Views

GSTN onboarded 4 new IRPs for reporting e-invoices

25 February 2023 at 08:42

GSTN has onboarded four new IRPs (Invoice Reporting Portals) for reporting e-invoices in addition to NIC-IRP

Posted in GST | 8985 Views

CBI searches 2 GST officials over 1 crore bribe demand

24 February 2023 at 08:37

The CBI conducted searches at the premises of a deputy director and a senior Intelligence officer of the Central GST and a private person in the city and Pune on Tuesday in a case of Rs 1 crore bribe demand.

Posted in GST | 6324 Views

Clarification: Composition taxpayers cannot issue taxable invoice or collect GST from customers and claim ITC

21 February 2023 at 08:40

As per the GST law, a person registered as a composition taxpayer cannot issue a taxable invoice and can neither collect GST from his customers nor can claim the input tax credit on his purchases.

Posted in GST | 8442 Views

Key Highlights of 49th GST Council Meeting

20 February 2023 at 08:39

The 49th GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi.

Posted in GST | 6822 Views

GSTN introduces negative values in Table 4 of GSTR-3B

18 February 2023 at 07:33

The Government vide Notification No. 14/2022 – Central Tax dated 05th July, 2022 has notified few changes in Table 4 of Form GSTR-3B for enabling taxpayers to report correct information regarding ITC availed,

Posted in GST | 1 comments | 8310 Views

FM Nirmala Sitharaman: Petroleum products under GST framework if states agree

17 February 2023 at 08:37

Finance minister Nirmala Sitharaman on Wednesday said that petroleum products can be included in the Goods and Services Tax (GST) framework once an agreement in this regard is reached among states.

Posted in GST | 5748 Views