GST News

GSTN Issues Advisory On E-Invoice Glossary and Steps

30 November 2024 at 09:12

GSTN has prepared an informative resource in the form of an e-invoice glossary and a step-by-step guide for your reference.

Posted in GST | 3990 Views

Petroleum Ministry Pushes for Natural Gas Under GST

30 November 2024 at 09:11

The Ministry of Petroleum and Natural Gas has proposed including natural gas in the Goods and Services Tax (GST) framework, a move aimed at streamlining taxation and benefiting key industries like fertilizers and steel.

Posted in GST | 939 Views

GST Collections in Nov 2024 Likely to Surpass Rs 1.87 Lakh Crore, Driven by Festive Demand

29 November 2024 at 09:01

Goods and Services Tax (GST) revenue for November 2024 is expected to surpass October's collection of Rs 1.87 lakh crore, according to a senior government official.

Posted in GST | 975 Views

Govt Collects Rs 4,792 Crore GST on Education Services in FY24

28 November 2024 at 09:13

The government collected a significant ₹4,792 crore in Goods and Services Tax (GST) from the education sector during the financial year 2023-24.

Posted in GST | 1569 Views

GST Due Date for Oct 2024 Extended to 30th Nov for Manipur Taxpayers

28 November 2024 at 09:13

The Ministry of Finance (Department of Revenue), through the Central Board of Indirect Taxes and Customs (CBIC), has issued Notification No. 29/2024 – Central Tax dated November 27, 2024.

Posted in GST | 2094 Views

GSTN Issues Advisory on Authorised e-Invoice Verification Apps

28 November 2024 at 09:12

GSTN has prepared a consolidated document on authorized B2B e-invoice verification apps available for download.

Posted in GST | 1797 Views

GSTN Introduces Biometric Aadhaar Authentication for GST Registration in Madhya Pradesh

28 November 2024 at 09:11

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

Posted in GST | 402 Views

GST Collections from Healthcare and Life Insurance Raised Over Rs 16000 Crore in FY24

27 November 2024 at 09:10

The Goods and Services Tax (GST) revenue from healthcare and life insurance services surged to ₹16,398 crore in FY24, according to Minister of State for Finance, Pankaj Chaudhary, in a statement to the Lok Sabha.

Posted in GST | 1461 Views

Ministry of Finance Notifies Amendments to GST Appellate Tribunal Jurisdiction

27 November 2024 at 09:09

The Ministry of Finance, through Notification No. 5063(E), has introduced significant amendments to the jurisdiction of State Benches of the Goods and Services Tax Appellate Tribunal (GSTAT) under Section 109 of the CGST Act, 2017.

Posted in GST | 1041 Views

GSTN Issues Advisory for Reporting TDS Deducted by Scrap Dealers in October 2024

27 November 2024 at 09:08

As per Notification No. 25/2024-Central Tax, effective from 10.10.2024, any registered person receiving supplies of metal scrap classified under Chapters 72 to 81 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)

Posted in GST | 6294 Views