GST News

GST Expansion Sparks Corporate Jitters

02 November 2023 at 08:53

Indian Companies Under GST Radar: Maruti Suzuki and LIC Among Recipients of Notices

Posted in GST | 2259 Views

GST Collection Soars to Rs 1.72 Lakh Crore in October 2023, Second Highest on Record

01 November 2023 at 17:19

GST revenue collection for October 2023 is second highest ever, next only to April 2023, at ₹1.72 lakh crore; records increase of 13% Y-o-Y

Posted in GST | 3396 Views

CBIC Issues Clarifications on GST for Specific Services

01 November 2023 at 08:58

The Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 206/18/2023-GST on October 31, 2023, providing clarifications on the applicability of GST to certain services.

Posted in GST | 8106 Views

CBIC Provides Clarity on Place of Supply Determination in Various Cases

30 October 2023 at 08:45

Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 203/15/2023-GST dated October 27, 2023, clarifying the determination of place of supply in various cases.

Posted in GST | 5652 Views

Centre notifies 18% GST on corporate guarantees

30 October 2023 at 08:43

CBIC Implements GST Council's Decision, Introduces 18% GST on Corporate Guarantees

Posted in GST | 4158 Views

CBIC Introduces New Amendments to GST Registration Forms

28 October 2023 at 08:54

Central Board of Indirect Taxes and Customs (CBIC) has notified amendments in GST Registration Forms vide Notification No. 52/2023 Central Tax dated October 26, 2023.

Posted in GST | 8691 Views

GSTN releases Advisory related to changes in GSTR-5A

28 October 2023 at 08:52

Notification 51/2023 dated 29.09.2023 has introduced Table 5B in GSTR 5A w. e. f 01.10.2023. In this notification, Table 5B has been introduced to report supplies made to Registered GSTINs (B2B supplies)

Posted in GST | 3456 Views

Supreme Court Seeks Finance Ministry's Response on Revised GST Returns

27 October 2023 at 08:55

The Supreme Court has recently issued a notice in a Writ Petition seeking the availability of an option for revised returns on the GSTIN Portal.

Posted in GST | 11055 Views

GST Notices: Tax Authorities Must Address Taxpayer Concerns

27 October 2023 at 08:55

In recent weeks, the central and state GST authorities have issued demand notices to a large number of companies spanning various sectors, including consumer durables, smartphones, insurance, online gaming, and service providers.

Posted in GST | 2784 Views