GST News

GST Notice Issued to Pani Puri Vendor Over Rs 40 Lakh Digital Transactions

04 January 2025 at 13:59

In a surprising turn of events, a pani puri vendor has come under the scrutiny of the GST department after reportedly receiving payments amounting to Rs. 40 lakh annually.

Posted in GST | 2 comments | 18687 Views

Gujarat Records 19% Growth in GST Revenue in Q3 FY 2024-25

04 January 2025 at 09:01

Gujarat has reported a 19% increase in revenue under the Goods and Services Tax (GST) during the third quarter (Q3) of the financial year 2024-25, as compared to the same period last year.

Posted in GST | 579 Views

Online Popcorn and Movie Ticket Combo May Attract 12-18% GST

03 January 2025 at 09:03

Consuming popcorn at a movie theatre could soon cost you more, depending on how it is served and bundled with movie tickets.

Posted in GST | 1905 Views

Commercial Taxes Department Introduces Biometric Face Authentication for GST Registration

03 January 2025 at 08:52

The Andhra Pradesh Commercial Taxes Department, in collaboration with the Goods and Services Tax Network (GSTN), has launched an innovative Biometric Face Authentication feature for GST registration.

Posted in GST | 780 Views

GSTN Releases Advisory to Taxpayers on Extension of E-Way Bills Expired on 31st Dec 2024

02 January 2025 at 16:22

It is hereby informed that the technical challenges encountered in the e-way bill generation process have been resolved, and the portal is now functioning smoothly

Posted in GST | 729 Views

GST Collection Rises 7.3% YoY, Hits Rs 1.77 Lakh Crore in December 2024

02 January 2025 at 15:24

India's gross GST revenue for December 2024 reached Rs 1,76,857 crore, marking a 7.3% increase compared to December 2023's Rs 1,64,882 crore.

Posted in GST | 498 Views

CBIC Issues Clarifications on GST Treatment of Vouchers

02 January 2025 at 09:12

The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 243/37/2024-GST, dated December 31, 2024, to provide clarity on several issues related to the Goods and Services Tax (GST) treatment of vouchers.

Posted in GST | 4428 Views

CBIC Issues Clarification on ITC for E-Commerce Operators u/s 9(5) of the CGST Act

02 January 2025 at 09:09

In a significant update for e-commerce operators, the Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 240/34/2024-GST, dated December 31, 2024.

Posted in GST | 4170 Views

CBIC Clarifies ITC Eligibility for Goods Delivered Under Ex-Works Contracts

02 January 2025 at 09:06

CBIC has issued Circular No. 241/35/2024-GST dated December 31, 2024, addressing input tax credit (ITC) eligibility under clause (b) of sub-section (2) of Section 16 of the Central Goods and Services Tax (CGST) Act, 2017.

Posted in GST | 3927 Views

Kerala to Mandate E-Way Bill for Gold Transportation Above Rs 10 Lakh from 1st January

01 January 2025 at 08:00

Starting January 1, 2025, transporting gold worth more than ₹10 lakh in Kerala will require an e-way bill, as announced by State GST Commissioner Ajith Patil.

Posted in GST | 714 Views