GST News

Centre's Push to Scrap 12% GST Slab Faces Resistance from States

24 March 2025 at 08:34

Despite the Centre's push to simplify the GST structure by eliminating the 12% tax slab, the Group of Ministers (GoM) on GST rate rationalisation remains divided on the proposal.

Posted in GST | 1677 Views

GSTN Glitch: Issues in Filing SPL-01/SPL-02 Applications Under Waiver Scheme

22 March 2025 at 08:48

Grievances are raised by taxpayers regarding difficulties faced while filing the waiver applications. Following grievances faced by taxpayers have come to the notice of GSTN and the team is working to resolve the issues at the earliest

Posted in GST | 4800 Views

GSTN Adds YES Bank, Expanding GST Payment Banks to 31

20 March 2025 at 08:47

The Goods and Services Tax Network (GSTN) has added YES Bank to the GST Portal as an authorized bank for accepting GST payments. With this addition, the total number of banks facilitating GST payments now stands at 31.

Posted in GST | 1152 Views

Ayodhya's Ram Janmabhoomi Trust Paid Rs 400 Crore in GST & Taxes Over 5 Years

19 March 2025 at 08:47

The Shri Ram Janmabhoomi Teerth Kshetra Trust has contributed approximately Rs 400 crore in taxes to the government over the past five years, according to Trust Secretary Champat Rai.

Posted in GST | 2430 Views

GST Registration in UP: Biometric Aadhaar Authentication & Document Verification Made Mandatory

17 March 2025 at 08:35

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Uttar Pradesh

Posted in GST | 462 Views

Daily Wage Worker Gets Rs 22.86 Lakh GST Demand Notice

15 March 2025 at 08:22

In a shocking turn of events, a daily wage laborer in Kothagudem has received a recovery notice for Rs 22.86 lakh in pending GST dues, highlighting potential lapses in the tax system's verification processes.

Posted in GST | 1716 Views

Finance Ministry: 158 GST Cases Registered Against Gaming Firms for Rs 1.53 Lakh Crore

14 March 2025 at 09:02

The Finance Ministry informed the Rajya Sabha on Tuesday that 158 cases involving Goods and Services Tax (GST) dues totaling ₹1.53 lakh crore have been registered till January 2025.

Posted in GST | 594 Views

CBIC Seeks Proposals for Reorganising CGST Commissionerates: Deadline 31st March 2025

13 March 2025 at 08:49

The Central Board of Indirect Taxes and Customs (CBIC) has initiated a comprehensive assessment of the territorial jurisdiction of Central Tax Commissionerates across all Central Tax Zones.

Posted in GST | 7656 Views

FM Sitharaman Hints at Major GST Rate Cut

10 March 2025 at 08:58

In a significant policy development, Finance Minister Nirmala Sitharaman has hinted at an upcoming reduction in GST rates while remaining non-committal on potential changes to capital gains tax.

Posted in GST | 3456 Views

GST Council Reconstitutes GoM with Revised Mandate to Analyze GST Revenue Trends

08 March 2025 at 08:39

In its 55th meeting held on December 21, 2024, in Jaisalmer, Rajasthan, the GST Council decided to reconstitute the Group of Ministers (GoM) on Analysis of Revenue from GST with revised Terms of Reference (ToR).

Posted in GST | 6183 Views