GST News


GST Appeals Surge with Nearly 3000 New Filings till 31st Oct 2023

   06 December 2023 at 08:54

Rising Tide: Pending GST Appeals Surge 25% in First Half of Fiscal Year, Finance Ministry Acknowledges Significant Uptick

Posted in GST |   2316 Views


71 Show Cause Notices Sent to Online Gaming Firms, Unveiling GST Evasion of Rs 1.12 Lakh Crore

   06 December 2023 at 08:54

Finance Ministry Issues 71 Show Cause Notices to Online Gaming Companies for Alleged GST Evasion of Over Rs 1.12 Lakh Crore

Posted in GST |   4218 Views


FM Sitharaman Reveals Robust Fiscal Performance with Average Monthly GST Collection at Rs 1.66 Lakh Crore

   05 December 2023 at 08:54

GST Collection Soars: Finance Minister Sitharaman Highlights Record-Breaking Trends and Reforms

Posted in GST |   2922 Views


6-Digit HSN Code Mandate for AATO 5 Cr+ Taxpayers in E-Invoices from 15th Dec

   05 December 2023 at 08:54

GST E-Invoice System Update: Mandatory Inclusion of 6-Digit HSN Code for High-Turnover Taxpayers

Posted in GST |   8925 Views


Simplification of Principal Place of Business Norms Proposed for MSMEs under GST

   04 December 2023 at 08:44

Government Proposes Simplification of GST Norms to Boost Small Businesses: Focus on MSME Empowerment

Posted in GST |   8061 Views


Central Govt Slashes Rs 332 Crores from Kerala's GST Shares

   04 December 2023 at 08:43

Central Government Slashes Rs 332 Crores from Kerala's GST Shares, Aggravating State's Economic Woes

Posted in GST |   2778 Views


Changes to CGST Act among 18 bills lined up for winter session

   04 December 2023 at 08:42

Government Unveils Ambitious Legislative Agenda for Winter Session, Including Key Reforms and Legal Overhauls

Posted in GST |   4416 Views


GSTR-9 Table 8A ITC Computation Reflects Supplier Filings Until 30th Nov 2023

   02 December 2023 at 08:50

GSTR-9 Annual Return Table 8A ITC Computation Updated with Supplier Filings Until November 30, 2023

Posted in GST |   15924 Views


CBIC Urged to Clarify GST on NBFCs' Co-Lending Models

   02 December 2023 at 08:49

FIDC, representing non-bank lenders, has formally requested the CBIC to provide explicit clarification regarding the GST treatment of excess interest retained by NBFCs in co-lending models with banks.

Posted in GST |   4233 Views


GST Collection in Nov 2023 Hits Rs 1,67,929 Lakh Crore, Records 15% YoY Growth

   02 December 2023 at 08:48

GST Revenue collection for November 2023, at Rs 1,67,929 lakh crore records highest growth rate of 15% Y-o-Y

Posted in GST |   5469 Views