GST News


Clarification on Holding Company's Taxability of Subsidiary Shares

   18 July 2023 at 08:53

CBIC vide Circular No. 196/08/2023-GST dated July 17, 2023 has issued a clarification on the taxability of shares held in a subsidiary company by the holding company.

Posted in GST |   4368 Views


CBIC clarifies various issues relating to GST refunds

   18 July 2023 at 08:52

CBIC vide Circular No. 197/09/2023- GST dated July 17, 2023 has issued clarification on various issues relating to GST refunds.

Posted in GST |   8436 Views


Tax Clarification: Services between Distinct Offices of Same Organization in Different States

   18 July 2023 at 08:51

Clarification regarding the taxability of services provided by an office of an organisation in one State to the office of that organisation in another State, both being distinct persons.

Posted in GST |   3582 Views


Amnesty schemes for non-filers of GSTR-4, GSTR-9 & GSTR-10 extended till 31st Aug 2023

   18 July 2023 at 08:49

Various amnesty schemes for non-filers of GSTR-4, GSTR-9 & GSTR-10 have been extended till August 31, 2023. The original deadline for these schemes was June 30, 2023.

Posted in GST |   11631 Views


Gaming Companies and Associations Urge Centre to Re-evaluate 28% GST Rate

   17 July 2023 at 08:46

Over 130 online gaming companies and industry associations have written to the Centre urging it to reconsider the 28% GST on the full face value for online gaming

Posted in GST |   8493 Views


2 Factor Authentication Deadline Extended for Taxpayers with AATO above 100 crore till 31st July 2023

   15 July 2023 at 07:24

The GST E-way bill system issued an Update dated July 14, 2023 related to extended 2 Factor Authentication for all taxpayers with AATO above 100 crore till July 31, 2023.

Posted in GST |   11007 Views


Assam Govt Mandates Registered Lease Deed / Rent Agreement for GST Registration

   13 July 2023 at 13:35

The Assam GST Department has issued Circular No. 01/2023 dated July 07, 2023, which mandates the furnishing of a valid rent agreement/lease deed duly registered with the Sub-Registrar or competent authority for registration under GST.

Posted in GST |   19374 Views


Indian Gaming Industry Braces for Job Cuts as GST Increase Sparks Concerns

   13 July 2023 at 08:52

The Indian gaming industry is facing a major crisis after the GST Council decided to levy a 28% GST on online gaming, casinos, and horse racing.

Posted in GST |   6744 Views


50th GST Council Meeting: Key Takeaways

   11 July 2023 at 08:52

The 50th GST Council meeting was held on 11 July 2023 in New Delhi.

Posted in GST |   20880 Views


GSTN Now Under PMLA, Enables Data Sharing with ED and FIU

   10 July 2023 at 08:53

The government has brought the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).

Posted in GST |   13161 Views