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GST News


Punjab Cabinet gave approval for amending state GST law

   28 September 2022 at 08:33

The Punjab Cabinet on Monday gave the approval to amend the Punjab Goods and Services Tax Act, 2017, to enable ease of doing business in the state and facilitating the taxpayers.

Posted in GST  1 comments |   3963 Views


GST collections in September may touch Rs. 1.5 lakh crore

   27 September 2022 at 08:35

Goods and Services Tax (GST) collections in September, reflecting actual business transactions for the previous month, may come close to the Rs. 1.50 lakh crore mark with a record 78.21 million e-way bills being generated in the month of August

Posted in GST |   3108 Views


CGST Mumbai Zone busts case of non-payment of GST and fraud ITC availment

   26 September 2022 at 08:28

The Bhiwandi Commissionerate of Central Goods and Service Tax (CGST) on Saturday busted a case of non payment of GST and fraudulent availment of ITC that amounted to Rs 78 crore.

Posted in GST |   2559 Views


Bengaluru-based online gaming firm gets Rs 21K crore GST notice

   26 September 2022 at 08:28

DGGI has slapped a tax demand of Rs 21,000 crore on Bengaluru-based online gaming company Gameskraft Technology (GTPL), exposing the massive scale of tax evasion in the thriving betting and gaming industry.

Posted in GST |   5988 Views


CBIC clarifies on classification of cranes for GST, customs duty

   24 September 2022 at 08:26

Central Board of Indirect taxes and Customs (CBIC) has offered clarity on the classification of mobile machines such as all-terrain cranes and truck-mounted cranes into motor vehicles and cranes

Posted in GST |   8226 Views


Rajasthan Assembly passes GST amendment bill

   23 September 2022 at 08:35

The Rajasthan Assembly on Thursday passed the Rajasthan Goods and Services Tax (Amendment) Bill, 2022, which proposes that the registration of companies would not be cancelled even if they fail to file the return for six months.

Posted in GST |   5451 Views


CBIC develops system for online monitoring of GST audits

   17 September 2022 at 07:29

Central Board of Indirect Taxes and Customs (CBIC) has developed a system for online monitoring of GST audits initiated by tax officials across the country for effective oversight of the audit process.  

Posted in GST |   6426 Views


GST collections likely to cross Rs. 1.5 lakh crore from November

   15 September 2022 at 08:44

FM on Wednesday spoke about Prime Minister Narendra Modi's "special mention" of robust GST revenues as a sign of a sound economy, while the revenue department set a new target of ₹1.50 lakh crore monthly collections from November this year

Posted in GST  1 comments |   3363 Views


FM urges GST officials to utilize technologies to identify fraudulent practices

   15 September 2022 at 08:44

We need to better utilize AI, data-analytics, IoT and other technologies to identify fraudulent practices, such as detection of tax evasion and better train officials on these aspects: Nirmala Sitharaman

Posted in GST |   2580 Views


E-Way Bill generation provisioned for movement of Gold

   13 September 2022 at 09:22

As per the Government recommendation, E-Way Bill generation has been provisioned for movement of Gold (HSN Chapter 71) for all Intrastate and Interstate transactions.

Posted in GST |   9069 Views



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