GST News


Advisory on facility of 'Initiating Drop Proceedings' of Suspended GSTINs due to Non-filing of Returns

   17 January 2023 at 08:33

Recently, a functionality of "Automated Drop Proceedings" of GSTINs suspended due to non-filing of returns has been implemented on the GST Portal.

Posted in GST |   6900 Views


GST not payable on Govt incentive to banks for promoting low value BHIM-UPI transactions

   16 January 2023 at 07:48

Incentives paid by the government to banks for promoting RuPay debit cards and low-value BHIM-UPI transactions will not attract GST, the Finance Ministry said.

Posted in GST |   5199 Views


CBIC issued clarification regarding applicability of GST on certain services

   14 January 2023 at 08:45

The CBIC vide Circular No. 190/02/2023- GST dated January 13, 2022 has issued clarifications regarding the applicability of GST on certain services.

Posted in GST |   6663 Views


CBIC issued clarification regarding GST rates and classification of certain goods based on the recommendations of 48th GST Council Meeting

   14 January 2023 at 08:42

The CBIC vide Circular No. 189/01/2023-GST dated January 13, 2022 has issued clarification regarding GST rates and classification of certain goods based on the recommendations of the GST Council in its 48th meeting held on December 17, 2022.

Posted in GST |   5751 Views


GSTN issues advisory on "Initiating Drop Proceeding" by taxpayers

   13 January 2023 at 08:42

Recently, a functionality of Automated Drop Proceedings of GSTINs suspended due to non-filing of returns has been implemented on the GST Portal.

Posted in GST |   7221 Views


New functionalities deployed on GST Portal for taxpayers - Dec 2022

   13 January 2023 at 08:38

New Functionalities made available for Taxpayers on GST Portal (December, 2022)

Posted in GST |   9795 Views


GSTN enabled functionality to furnish Letter of Undertaking (LUT) for FY 2023-2024

   10 January 2023 at 08:29

The Goods and Services Tax Network ("GSTN") has enabled the functionality to furnish a Letter of Undertaking ("LUT") for the Financial Year 2023-2024 on the GST Portal.

Posted in GST |   7953 Views


CBIC: GST registration applicants' details will be taken from IT database

   09 January 2023 at 08:35

CBIC said on Saturday those applying for Goods and Services Tax (GST) registration need not give their mobile phone number and email address.

Posted in GST |   10455 Views


GST revenues grow 15% to Rs 1.49 lakh crore in Dec 2022

   02 January 2023 at 08:57

Rs 1,49,507 crore GST Revenue collected for December 2022, records increase of 15% Year-on-Year

Posted in GST |   4056 Views


GST revenue rises 24.5% during first 8 months of FY 23 in Punjab

   30 December 2022 at 08:39

Punjab finance and taxation minister Harpal Singh Cheema on Thursday said the taxation department has improved its performance month-on-month as compared to last year during the first eight months of the Bhagwant Mann-led Aam Aadmi Party government

Posted in GST |   4047 Views