GST News

Clarification regarding GST rates & classification of goods based on recommendations of 47th GST Council Meeting

04 August 2022 at 08:47

Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 47th meeting held on 28th – 29th June, 2022 at Chandigarh

Posted in GST | 6603 Views

CGST officials arrest one for fraudulently availing ITC of more than Rs 8 crore

04 August 2022 at 08:47

On the basis of an alert, an investigation against M/s Niyati Steels has been undertaken by CGST Delhi West Commissionerate.

Posted in GST | 2094 Views

No GST on Withdrawal Of Cash From Banks

03 August 2022 at 08:48

There is no GST on withdrawal of cash from banks, said Finance Minister Sitharaman on Tuesday.

Posted in GST | 6084 Views

GSTN introduces Single Click NIL filing of GSTR-1

02 August 2022 at 17:39

Single click Nil filing of GSTR-1 has been introduced on the GSTN portal to improve the user experience and performance of GSTR-1/IFF filing.

Posted in GST | 3 comments | 8985 Views

E-invoicing limit reduced from existing Rs. 20 crore to Rs. 10 crore w.e.f. 1st October 2022

02 August 2022 at 08:43

In the said notification, in the first paragraph, with effect from the 1st day of October, 2022, for the words "twenty crore rupees", the words "ten crore rupees" shall be substituted.

Posted in GST | 2 comments | 10848 Views

GST Revenue collection for July second highest ever at Rs. 1.49 lakh crore

01 August 2022 at 14:04

GST Revenue collection for July second highest ever & 28% higher than the revenues in the same month last year

Posted in GST | 3423 Views

Scientists criticise GST hike on scientific equipment in India

25 July 2022 at 08:28

Several scientists have expressed displeasure with the Centre's recent decision to increase Goods and Services Tax (GST) rates on scientific equipment.

Posted in GST | 2952 Views

GSTN issues advisory on upcoming changes in GSTR-3B

23 July 2022 at 08:30

Advisory on upcoming changes in GSTR-3B

Posted in GST | 8394 Views

GSTN introduces new Table 3.1.1 in GSTR-3B for reporting supplies u/s 9(5)

21 July 2022 at 08:36

A new Table 3.1.1 is being added in GSTR-3B as per Notification No. 14/2022 – Central Taxdated 05th July, 2022

Posted in GST | 9861 Views

Implementation of mandatory mentioning of HSN codes in GSTR-1

21 July 2022 at 08:36

Vide Notification No. 78/2020 – Central Tax dated 15th October, 2020, it is mandatory for the taxpayers to report minimum 4 digits or 6 digits of HSN Code in Table-12 of GSTR-1

Posted in GST | 7959 Views