GST News

Scope for further pruning of GST exemption list: Revenue Secretary Tarun Bajaj

06 July 2022 at 08:33

Revenue secretary Tarun Bajaj on Tuesday said there is scope for further pruning of the GST exemption list and expressed hope that the "rough edges" in the indirect tax regime will be ironed out in the next 2-3 years.

Posted in GST | 3696 Views

GST e-invoicing to be made mandatory for companies with turnover of Rs 5 crore and above

05 July 2022 at 12:32

The Centre is reportedly considering making GST e-invoicing compulsory for entities with a turnover of Rs 5 crore from this financial year.

Posted in GST | 2 comments | 17790 Views

CBIC honours taxpayers contributing to the GST success story

02 July 2022 at 08:50

32 officers awarded with commendation certificate on 5th of GST Day

Posted in GST | 3210 Views

GST collection crosses Rs. 1.44 lakh crore for June 2022

01 July 2022 at 14:25

Rs. 1,44,616 crore gross GST Revenue collection for June 2022; increase of 56% year-on-year

Posted in GST | 3366 Views

GST rate changes to take effect from 18th July 2022

30 June 2022 at 08:41

Several goods and services will cost more from July 18 with the Goods and Services Tax (GST) Council approving an increase in rates to address inverted duty structures and withdrawing some exemptions.

Posted in GST | 21432 Views

Key Highlights of 47th GST Council Meeting

28 June 2022 at 08:41

Recommendations of 47th GST Council Meeting

Posted in GST | 2 comments | 18264 Views

GST compensation cess levy extended till March 2026

25 June 2022 at 16:00

The government has extended the time for levy of GST compensation cess by nearly 4 years till March 31, 2026.

Posted in GST | 1 comments | 4809 Views

GST officials unearthed tax evasion worth over 125 crore

22 June 2022 at 08:46

State GST (investigation) officials have unearthed tax evasion to the tune of crores of rupees by a Perumbavoor gang, which allegedly forged bills using iron scrap dealership as a front and misappropriated input tax.

Posted in GST | 2 comments | 5292 Views

Amendments in GSTR 3B may be allowed in upcoming GST Council Meeting

21 June 2022 at 08:55

The Goods and Services Tax Council is set to discuss a slew of law changes it is looking to introduce. This would include amendments to GSTR3B - the monthly GST return to be filed by taxpayers - among others.

Posted in GST | 6 comments | 8349 Views

47th GST Council Meeting - Location Changed To Chandigarh from Srinagar

20 June 2022 at 08:47

The GST Council on Sunday said the location of its 47th meeting, which will be held during June 28-29, has been changed to Chandigarh, from Srinagar decided earlier.

Posted in GST | 2592 Views