about-img
Latest Updates
Inverted duty correction: Synthetic textile prices in Gujarat will rise
21 Oct

With a unified goods and service tax (GST) rate on textile products set to kick in from January 1, 2022, Gujarat-based textile industry fears that syn ...

Read more orange-arrow
Greater Noida to recover GST dues from allottees
21 Oct

The Greater Noida Authority will soon initiate a drive to recover the pending goods and services tax (GST) from its allottees. Authority officials, ho ...

Read more orange-arrow
Small industries’ association wants GST to be reduced
21 Oct

Erode District Small Industries Association (EEDISSIA) has urged the Central government to reduce the Goods and Services Tax (GST) on plastic raw mate ...

Read more orange-arrow
Canteen services for employees out of GST net
20 Oct

Canteen charges collected from employees will now be outside the gamut of goods and services tax following a tax ruling that offers some relief to sev ...

Read more orange-arrow
Govt. may weigh single tax for online gaming
20 Oct

The government may consider a single tax rate for online gaming as two different rates of 18% and 28%—based on whether they are games of skill or chan ...

Read more orange-arrow
E-way bill generation moderates; pick-up likely before Diwali
20 Oct

Daily e-way bill generation for goods transportation under the Goods and Services Tax (GST) system came in at 21.14 lakh for the week ended October 17 ...

Read more orange-arrow
Multiple rates, applications make GST more complicated, Revenue Deptt. issued clarifications
19 Oct

Cloud kitchens are restaurants, ice cream parlours are not. Alcoholic beverage is not food or a food products. Mineral rights are taxable but the ques ...

Read more orange-arrow
Govt. may ease GST norms on re-export of leased aircraft
19 Oct

The government is considering easing goods and services tax (GST) rules for re-export of leased planes, in what would offer a major boost to airline f ...

Read more orange-arrow
GST officers seek gazetted rank, power
19 Oct

Highlighting that around 800 GST officers don’t have any specific responsibility and power, Andhra Pradesh GST Officers’ and Employees’ Association ha ...

Read more orange-arrow
Local soft drink companies hit by GST hike
18 Oct

The enthusiasm to add fruit juice to carbonated drinks has come back to haunt regional drinks makers, as these products are currently subject to a GST ...

Read more orange-arrow
No additional borrowing by Centre to meet GST compensation in FY22
18 Oct

The Centre will stick to its borrowing programme for FY22 and will not tap the market for more funds to meet the GST compensation shortfall for states ...

Read more orange-arrow
Ahmedabad & Surat becoming bogus GST billing hubs
18 Oct

Since the implementation of Goods and Services Tax (GST), Ahmedabad and Surat have become the hubs for bogus billing in Gujarat, while the web of ille ...

Read more orange-arrow
Wellness Centres too are under GST net
16 Oct

Is a wellness centre a hotel or healthcare facility? And should the services offered at these places - weight reduction, ayurvedic treatment or yoga - ...

Read more orange-arrow
Garments sector demands 5% uniform GST for the sector
16 Oct

The proposal to fix a uniform GST slab of 12% for the garments sector, if it goes through, will hit the ‘already battered’ industry and may lead to jo ...

Read more orange-arrow
2 businessmen, CA held for Rs 48 crore fraud for GST
16 Oct

The Central Goods and Service Tax and Central Excise have arrested two businessmen and their chartered accountant who defrauded the GST department by ...

Read more orange-arrow
SC stays GST on royalty paid by petitioner to state for mining rights
14 Oct

The Supreme Court has stayed the imposition of GST on royalty paid mining rights given to a petitioner.GST at the rate of 18 per cent is imposed on ro ...

Read more orange-arrow
Delhi CGST officials arrest mastermind of Rs 134 crore tax scam
14 Oct

The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East, carried out the detailed analysis and unearthed a network of fictit ...

Read more orange-arrow
GSTN blocks Rs 14,000-cr input tax credits of 66,000 taxpayers
13 Oct

GST Network on Tuesday said it has blocked Rs 14,000 crore worth of input tax credit (ITC) of 66,000 businesses registered under GST.Responding to soc ...

Read more orange-arrow
GST payable on Complete Billing amount including Employer portion of EPF & ESl Amount: AAR
13 Oct

The West Bengal Authority of Advance Ruling (AAR) ruled that GST is payable on complete billing amount including employer portion of Employees’ Provid ...

Read more orange-arrow
Gaming industry & casinos are likely to get relief from GST with clarity on GST applicability
12 Oct

In a major development for the online gaming industry, casinos and racecourses operating in the country, the GST Secretariat has asked GST Council to ...

Read more orange-arrow
Orissa HC: Pre-Deposits for GST appeals must be filed via cash ledger only
12 Oct

The Orissa high court has ruled that deposits required to be submitted for appealing in a dispute under the goods and services tax (GST) has to be pai ...

Read more orange-arrow
Govt may consider higher GST, fewer rates to simplify structure
12 Oct

India may look at increasing tax on some goods and services in a step toward moving to a simpler structure with fewer rates, according to people famil ...

Read more orange-arrow
Postpone hike in GST on railway products: Railway Suppliers Association to FM
11 Oct

The Railway Suppliers Association (Rasa) has urged Union finance minister Nirmala Sitharaman to defer the recent decision to increase goods and servic ...

Read more orange-arrow
Industrialist wants GST on solar devices restored to 5%
11 Oct

Chief executive Industrialist wants GST on solar devices restored to 5%e officer of Selco Solar Lights Mohan Bhaskar Hegde on Friday regretted the rai ...

Read more orange-arrow
GST may be leviable on diwali gifts by companies to their employees
09 Oct

A current ruling by the Authority for Advance Rulings (AAR) has held that GST could have to be paid on the merchandise which are being given off as fr ...

Read more orange-arrow
Ministerial group for GST rates review to meet soon: Karnataka CM
09 Oct

The Group of Ministers (GoM) formed to rationalise GST rates and shore up revenue will meet soon, said the panel's chairman and Karnataka Chief Minist ...

Read more orange-arrow
Goa gets Rs 213 crore GST compensation
09 Oct

Goa received Rs 213 crore from the Centre as compensation for GST shortfall, as part of the Rs 40,000 crore released to various states under the Centr ...

Read more orange-arrow
GST rate clarifications on cattle feed may lead to disputes
08 Oct

Disputes may arise over goods and services tax (GST) rates on cattle feed made from residual products of the alcohol industry, mineral rights, UPS inv ...

Read more orange-arrow
Govt releases Rs. 40k crore to states, UTs as GST shortfall
08 Oct

The central government on Thursday released an amount of Rs. 40,000 crore to states and union territories (UTs) with legislature under the back-to-bac ...

Read more orange-arrow
Ice creams sold at parlours taxable at 18%
07 Oct

Unlike food cooked and served at restaurants, ice creams sold at parlours are manufactured items and are therefore taxable at 18%, the finance ministr ...

Read more orange-arrow
GST revenue grows in Punjab, exceeded pre-Covid levels
07 Oct

In a sign of sustained improvement in business sentiment, Punjab has reported a robust growth in the goods and services tax (GST) collection in the fi ...

Read more orange-arrow
Defaulters on GST filing cannot raise e-way bills
06 Oct

Goods and Services Tax Network (GSTN), the company that processes GST returns, has said the provision for blocking generation of electronic goods tran ...

Read more orange-arrow
GST registration can't be cancelled if business not carried out from premises due to Covid 19
06 Oct

The Calcutta High Court has ruled that goods and service tax registration cannot be cancelled if business was not carried out from the premises, due t ...

Read more orange-arrow
Kerala FM: Centre owes GST compensation Kerala nearly Rs 4,500 crore
06 Oct

Kerala is yet to receive Rs 4,466.89 crore as Goods and Services Tax compensation since the 2017-18 fiscal. This was revealed by finance minister K N ...

Read more orange-arrow
Three-tier GST rate structure likely by next fiscal
05 Oct

The next few meetings of the GST Council would take the country's new indirect tax regime closer to the goal of providing a transparent tax system wit ...

Read more orange-arrow
E-way bill generation at a six-month high in September
05 Oct

E-way bill generation for goods transportation under the Goods and Services Tax (GST) system came in at 6.79 crore September, the highest since the st ...

Read more orange-arrow
Himachal's corrugated box makers opposed the hike in GST from 12 to 18 %
04 Oct

The Himachal Pradesh Corrugated Box Manufacturers have opposed the move of the GST council to increase the rate from 12 to 18 per cent on corrugated b ...

Read more orange-arrow
Court disapponted from GST officials for blame game in tax case
04 Oct

A Delhi court pulled up SGST (state GST) and CGST (central GST) officials for allegedly trying to blame each other instead of initiating an appropriat ...

Read more orange-arrow
GST for licensing content rights, printing services rise to 18%
04 Oct

The Goods and Services Tax (GST) Council at the 45th meeting has recommended increasing GST rates on licensing services/ the right to broadcast and sh ...

Read more orange-arrow
5% GST payable on Bio-Diesel supplied to Oil Marketing Companies for blending with High-Speed Diesel: CBIC
02 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified that the 5% GST payable on Bio-diesel supplied to Oil Marketing Companies for blending ...

Read more orange-arrow
RCM applicable on Supply of Mentha Oil by Unregistered person to Registered person: CBIC
02 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified that the Reverse Charge Mechanism is applicable on supply of mentha oil by unregistere ...

Read more orange-arrow
Higher GST from today likely to affect solar power rates
01 Oct

India’s solar power tariffs are expected to go up by around 10 paise per unit with a higher goods and services tax (GST) to be levied on cells, module ...

Read more orange-arrow
Hospitality body FHRAI requesting for bringing travel aggregators under GST
01 Oct

Federation of Hotel and Restaurant Associations of India (FHRAI) has submitted a representation to the Finance Minister, Nirmala Sitharaman requesting ...

Read more orange-arrow
No GST input tax credit on CSR expenses rules Gujarat AAR
01 Oct

The AAR Gujarat bench has recently held that Corporate Social Responsibility (CSR) activities under the Companies (CSR Policy) Rules are excluded from ...

Read more orange-arrow
GST on payments of BOT-HAM projects to have little impact on cash flows
30 Oct

GST levy on annuity payments of BOT-HAM projects will have limited impact on project cash flows, domestic rating agency Icra on Wednesday."With NHAI r ...

Read more orange-arrow
Relaxation in requirements of filing Job Work declaration with effect from Oct 1
30 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has informed about the implementation of recommendation of 45th GST Council Meeting and said th ...

Read more orange-arrow
States’ fears of losing autonomy with GST regime have come true: TN Finance Minister
30 Oct

Tamil Nadu Finance Minister on Wednesday said the States’ fears of losing autonomy with the Goods and Services Tax regime have come true.“One thing th ...

Read more orange-arrow
Pt. Deendayal Upadhyay Smriti Manch seeks higher 18% GST on tetra pack from current 12% slab
29 Oct

A think tank has requested the GST Council to levy a higher tax of 18 per cent on tetra pack, arguing that the product is incorrectly categorised in t ...

Read more orange-arrow
Southern India Mills’ Association seeks 5% GST across textiles sector
29 Oct

The textile and clothing industry has sought a uniform 5% Goods and Services Tax (GST) across the textile value chain.Ravi Sam, chairman of the Southe ...

Read more orange-arrow
Centre will borrow 5.03 trillion to meet GST compensation shortfall
28 Oct

The Centre will be borrowing Rs 5.03 trillion from the market in the second half, unchanged from what it had planned, but including the goods and serv ...

Read more orange-arrow
GST Council sets up two panels to look into rate rationalisation, systems review
28 Oct

India has set up a group of ministers to look into the rate rationalisation under the goods and services tax including the current slab structure.The ...

Read more orange-arrow
GoM set up to rationalise GST rates
27 Oct

Setting the stage for an overhaul of the multiple tax rates under the Goods and Services Tax regime, the government has tasked a group of ministers (G ...

Read more orange-arrow
18% GST on treated sewage water for industrial use
27 Oct

The Maharashtra Authority of Advance Rulings has said purified or treated sewage water for industrial use will be charged goods and service tax at 18% ...

Read more orange-arrow
Aadhaar authentication now mandatory for GST refunds
27 Oct

In the 45th meeting of GST Council in Lucknow early this month, the members had decided to make Aadhaar authentication mandatory for claiming GST refu ...

Read more orange-arrow
GST Council thinking of increasing average GST rate to 15%
25 Oct

The Goods and Service Tax (GST) Council is mulling whether to gradually increase the average GST rate to closer to the revenue-neutral rate of 15 perc ...

Read more orange-arrow
CBIC asks taxmen to complete GST evasion investigations within a year
25 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has asked field offices to draw up an action plan so that no case of GST evasion is pending inv ...

Read more orange-arrow
Delhi GST collection till Aug has improved compared to last year
25 Oct

In clear signs of recovery for the Covid-battered economy, the Goods and Services Tax (GST) collection in Delhi this financial year (till September 20 ...

Read more orange-arrow
Karnataka to step up pressure on Centre to continue GST compensation
24 Oct

Karnataka will renew its efforts to convince the Centre to continue granting compensation for the loss of revenue due to implementation of Goods and S ...

Read more orange-arrow
Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister
24 Oct

Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petrole ...

Read more orange-arrow
18% tax slab hardens print, opposition to GST recommendation
24 Oct

Kamal Chopra, president of All India Federation of Master Printers said that while on the one side printers are happy that their long-standing demand ...

Read more orange-arrow
GST panel to consider giving waiver on 1 day interest, late fee
22 Oct

As some taxpayers faced difficulties in filing GST return on Monday, the tax department on Tuesday said the IT grievance redressal committee would con ...

Read more orange-arrow
Steel producers want GST on metal scrap cut to 5%
22 Oct

The Himachal Pradesh Steel Industries Association has demanded rationalisation of the Goods and Service Tax ( GST) on metal scrap from 18 per cent to ...

Read more orange-arrow
E-way GST bill generation picks up pace ahead of festive season
22 Oct

Daily e-way bill generation for goods transportation under the Goods and Services Tax (GST) system came in at 22.71 lakh for the week ended September ...

Read more orange-arrow
GST on ice cream parlours may lead to litigation
21 Oct

Certain clarifications by the GST Council, such as tax rates on ice cream parlours and royalty paid to state governments over mineral rights, may turn ...

Read more orange-arrow
HP pushes for 5% GST from 18% on ropeways
21 Oct

The Himachal Pradesh government has requested the Centre that the GST Council should consider reducing the rate of GST from 18% to 5% by adding a spec ...

Read more orange-arrow
No GST on back-office sector, says govt in intermediary services dispute
21 Oct

The government has said services outsourced to India and those provided domestically for foreign entities will not be treated as intermediary services ...

Read more orange-arrow
Proposed GST rule change to limit input tax credits
20 Oct

A rule change cleared by the federal indirect tax body, the Goods and Services Tax (GST) Council, last week shows the government’s intention to restri ...

Read more orange-arrow
Businesses defaulting on monthly returns won’t be allowed to file GSTR-1
20 Oct

Businesses that default on filing summary return and paying monthly GST will not be able to file GSTR-1 sales return of the succeeding month from Janu ...

Read more orange-arrow
Companies get relief from GST Council's clarifications
20 Oct

Two clarifications issued by the GST Council on Friday are expected to provide major relief to businesses - captives of overseas companies in India th ...

Read more orange-arrow
GST council felt it wasn't right time to bring Petrol, Diesel Under GST
18 Oct

Finance Minister Nirmala Sitharaman on Friday stated that the Goods and Services Tax (GST) Council discussed the topic of inclusion of petrol and dies ...

Read more orange-arrow
GST Council Decides To Extend Compensation Cess Till March 2026
18 Oct

Goods and Services Tax (GST) Council on Friday decided to extend compensation cess till March 2026 for repaying loans. "Detailed financial statements ...

Read more orange-arrow
GST exemption given on world's costliest drugs Zolgensma and Viltepso
18 Oct

The GST Council has given an exemption on expensive imported drugs such as Zolgensma and Viltepso, which cost crores of rupees, Union Finance Minister ...

Read more orange-arrow
Dispute over new GST compensation math
17 Oct

The new compensation formula “revenue loss” by states from next July has driven a wedge between the Centre and Oppositionruled states even before the ...

Read more orange-arrow
How long do you want to keep fuel out of GST: Centre to states
17 Oct

After keeping petroleum products out of GST for four years, the Centre is now seeking a timeline for its inclusion into the new tax regime — a move th ...

Read more orange-arrow
Maharashtra likely to oppose bringing petrol, diesel under GST
17 Oct

Maharashtra is likely to oppose any attempt to bring petroleum products under the ambit of GST, state's Deputy Chief Minister and Finance Minister Aji ...

Read more orange-arrow
Destiny of India's $180-billion BPO industry to be decided by GST Council today
17 Oct

The Goods and Services Tax (GST) Council expected to decide whether to treat back-office services BPO companies provide to foreign clients as exports ...

Read more orange-arrow
GST: Better performing states may get incentives
16 Oct

When the all-powerful GST Council meets in Lucknow on Friday, the Centre will present options for a compensation formula for states from next July, wh ...

Read more orange-arrow
Coconut oil in less than 1-litre bottle may soon attract 18% GST
16 Oct

The goods and services tax (GST) fitment panel has specified the size of container to distinguish between edible coconut oil and hair oil.The fitment ...

Read more orange-arrow
GST Council meeting: Petrol may cost Rs. 75, diesel Rs. 68 a litre
16 Oct

The Goods and Services Tax (GST) Council, which will meet in Lucknow on Friday, is likely to discuss bringing petrol, diesel and other petroleum produ ...

Read more orange-arrow
3 arrested for passing on fake input tax credit of Rs. 121 crore
16 Oct

Three persons including a CA have been arrested on charges of creating and operating multiple fictitious firms on forged documents and passing large a ...

Read more orange-arrow
Food delivery services may face higher GST
15 Oct

Food delivery services are likely to get expensive as the GST Council will discuss the proposal to consider food delivery apps such as Swiggy and Zoma ...

Read more orange-arrow
Maharashtra awaiting GST reimbursement worth ₹30,000 crore
15 Oct

Maharashtra Chief Minister Uddhav Thackeray on Tuesday informed the members of NITI Aayog that the State was awaiting GST reimbursement worth ₹30,000 ...

Read more orange-arrow
GST Council meet: Profiteering cases likely to go to CCI
15 Oct

A meeting of the Goods and Services Tax (GST) Council on Friday will decide the fate of the National Anti-profiteering Authority (NAA), whose tenure e ...

Read more orange-arrow
GST compensation plan may come with conditions
15 Oct

The Centre is looking to initiate a discussion on correcting the anomalies in the structure and revenue augmentation, along with a proposal to revise ...

Read more orange-arrow
GST Council to weigh bringing fuel under GST
14 Oct

The Goods and Services Tax (GST) Council that will meet in Lucknow next week may discuss bringing one or more petroleum products—petrol, diesel, natur ...

Read more orange-arrow
SC asks GST Council to look into anomalies related to refund assessment formula
14 Oct

The Supreme Court (SC) has asked the Goods and Services Tax (GST) Council to take note of anomalies in the present act and look into the assessment fo ...

Read more orange-arrow
Daily e-way bill generation moderates
14 Oct

`Daily e-way bill generation for goods transportation under the goods and services tax (GST) system came in at 20.57 lakh for the week ended September ...

Read more orange-arrow
GST Council may allow Sikkim for intra-state pharma cess and other measures
13 Oct

The Goods and Services Tax Council meeting on Friday, the first physical meeting in more than 20 months, will deliberate on levying the Covid cess on ...

Read more orange-arrow
45th GST Council meet on September 17
13 Oct

The 45th GST Council Meet will be held on September 17 in Lucknow, CNBC-TV18 reported. This will be the first physical meet of the GST Council since t ...

Read more orange-arrow
GST Council may take up proposal for cutting rate on steel scrap to 5%
11 Oct

The Goods and Services Tax (GST) Council may consider reducing the tax rate on steel scrap from the current 18 per cent at its upcoming meeting, which ...

Read more orange-arrow
HC stays order related to levy of GST on flat, villa maintenance charges
11 Oct

Flat or villa owners paying more than ₹7,500 a month to their resident welfare associations towards maintenance charges will now have to pay Goods and ...

Read more orange-arrow
Centre-states may discuss early inclusion of natural gas into GST fold
11 Oct

Sources privy to the development said that based on the Petroleum Ministry's suggestion, the Centre may take up with GST Council the issue of bringing ...

Read more orange-arrow
GST department cheated of over Rs 2.22 crore in Mumbai
10 Oct

The Goods and Service Tax (GST) Mazagon office has registered a case of cheating of around Rs 2.22 crore at the Byculla police station, after a person ...

Read more orange-arrow
GST Compensation: State govts staring at acute fiscal deficit
10 Oct

GST compensation has turned out to be a significant portion of many states’ overall revenue receipts over the recent years. Such compensation was mean ...

Read more orange-arrow
Hit by GST recovery notices and summons, industry calls for help
09 Oct

With goods and services tax (GST) officers under pressure to exceed the Rs 1-trillion collection mark per month, industry has faced a barrage of recov ...

Read more orange-arrow
The debate on GST rates for roti and paratha refuses to die down
09 Oct

The debate on the goods and service tax rates on roti or paratha refuses to subside.The Gujarat Authority on Advance Rulings has said GST at 18% is ch ...

Read more orange-arrow
CBIC advises to file GSTR-7 for August before 10th September 2021
09 Oct

There is a piece of information for the GST taxpayers. The Central Board of Indirect Taxes and Customs (CBIC) has notified to file the GSTR-7 Return f ...

Read more orange-arrow
Businessmen unhappy over new GST restrictions
08 Oct

Businessmen in the city are unhappy over restrictions imposed by the government. The regulation of blocking e-way bill generation for non-filers of GS ...

Read more orange-arrow
Daily generation of e-way bills rise month-on-month in early September
08 Oct

Daily e-way bill generation for goods transportation under the Goods and Services Tax (GST) system came in at 20.97 lakh in the first five days of Sep ...

Read more orange-arrow
Govt. must constitute GST tribunal: SC
08 Oct

The Supreme Court on Monday said the government had no option but to constitute the Goods and Services Tax (GST) Appellate Tribunal.The tribunal has n ...

Read more orange-arrow
GST Authorities Send Out More Notices, Industries complain Harassment
07 Oct

Industries have raised red flags over fresh notices being issued denying input tax credit (ITC), alleging wrongful claims, in turn leading to hardship ...

Read more orange-arrow
State set to raise compensation due at GST meet
07 Oct

Stating that there has been a steep fall in revenue due to the Covid pandemic, Special Chief Secretary (Revenue) Rajat Bhargava has stressed the need ...

Read more orange-arrow
Council to mull capacity-based GST on sectors seeing evasion
07 Oct

The Goods and Services Tax (GST) Council is likely to consider a ministerial group’s report on introducing a differentiated regime for sectors where t ...

Read more orange-arrow
Gauhati HC refuses Bail to Tax Consultant for allegedly collecting fake Invoices, E-Way Bills to wrongfully avail ITC
06 Oct

The Gauhati High Court refused to grant the Bail to the Tax Consultant for allegedly collecting fake invoices, and E-way bills to wrongfully avail I ...

Read more orange-arrow
E-Way Bill not required for Transportation of ‘Used Personal Vehicle': Kerala HC
06 Oct

The Kerala High Court ruled that the E-Way Bill is not required for transportation of ‘Used Personal Vehicle’. The Respondents, VST, and Sons have fil ...

Read more orange-arrow
Tax relief unlikely for auto sector in next GST Council meeting
04 Oct

The upcoming Goods and Service Tax (GST) Council meeting is unlikely to provide tax relief to automobile sector, which has been explicitly vocal about ...

Read more orange-arrow
Govt may not need special borrowing for GST compensation to states
04 Oct

The government may not need to open special borrowing window to meet GST compensation needs of states in the current financial year as rising indirect ...

Read more orange-arrow
Odisha's GST enforcement wing busts fake bills racket
04 Oct

The GST Enforcement Wing in the state has unearthed a racket which used fake bills worth around Rs 1819 crore to claim input tax credit. Input tax cre ...

Read more orange-arrow
Centre appeals against ruling on levy of GST on maintenance charges to resident welfare associations
03 Oct

The Centre has preferred a writ appeal before the Madras High Court against a single judge's order that flat or villa owners paying more than Rs. 7,50 ...

Read more orange-arrow
Lack of GST details stumps economists
03 Oct

GST collections have crossed Rs. 1 lakh crore in eleven of the last 12 months, with the government attributing the trend to a rapid economic recovery ...

Read more orange-arrow
Two arrested for GST fraud of Rs. 323 crore in Odisha
03 Oct

The State GST (Goods and Services Tax) enforcement wing on Thursday arrested two persons on charges of passing on bogus input tax credit (ITC) worth R ...

Read more orange-arrow
GST collections dipped around 4% to Rs 1.12 lakh crore in August
02 Oct

Goods and services tax collections dipped around 4% to Rs 1.12 lakh crore in August, compared to Rs 1.16 lakh crore in the previous month, but p ...

Read more orange-arrow
Next GST Council meeting on Sept 17; compensation cess on agenda
02 Oct

The upcoming GST Council meeting on September 17 will focus on the extension of compensation cess as the Council may also look into duty inversion in ...

Read more orange-arrow
While escaping from trap GST inspector hit the ACB cop with his car
02 Oct

Paresh Priyadarshi, a GST inspector, is currently on the run after severely injuring a complainant and hitting an ACB Cop with his car on ...

Read more orange-arrow
Jharkhand faces revenue loss due to lower GST rate on coal compared to VAT
01 Oct

Jharkhand is suffering huge annual revenue loss due to a reduction in Goods and Services Tax (GST) on coal, and favours extending the GST compensati ...

Read more orange-arrow
GST Portal now accepting Application for Revocation of Cancelled GST Registration
01 Oct

The GST Portal is now accepting applications for revocation of canceled GST Registration.
As per notification no. 34/2021-CGST dated 29th Aug 2021, ...

Read more orange-arrow
Multinationals hotel chain using franchisee model may face higher GST on royalty income
31 Oct

Multinational fast food and hotel chains and tech companies that operate through franchisee models in India have come under the taxman’s lens over the ...

Read more orange-arrow
Deadline for late fee amnesty under GST extended till November 30
31 Oct

Ministry of Finance has extended the last date to avail of the late fee amnesty scheme under Goods and Services Act (GST), has now been extended to No ...

Read more orange-arrow
No GST on hostel fees if less than Rs 1000/- per day
31 Oct

The Maharashtra bench of the Authority for Advance Rulings (AAR) has held that hostel fees charged to students will not attract goods and services tax ...

Read more orange-arrow
GST defaulters of last two months to be barred from filing GSTR-1
28 Oct

Businesses that have not filed GSTR-3B returns in the preceding two months will not be able to file details of outward supplies in GSTR-1 from Septe ...

Read more orange-arrow
GSTN issued the Advisory on HSN and GSTR-1 Filing
28 Oct

In accordance with Notification No. 78/2020 – Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN) ...

Read more orange-arrow
Govt puts plan to cut GST on certain categories of automobiles on hold
27 Oct

The automobile industry's demand for lowering of Goods and Services Tax or GST levied on certain categories of their products is not likely to find ...

Read more orange-arrow
Karnataka CM meets FM: demands extension of GST compensation to states for 3 more years
27 Oct

Amid fall in state revenue and GST collection in view of COVID-19 crisis, Karnataka Chief Minister Basavaraj S Bommai on Thursday demanded the Centr ...

Read more orange-arrow
Haryana to change its GST rules, software after Panipat scam
27 Oct

The Haryana government has decided to amend its rules and software to prevent people from claiming undue GST input tax credit (ITC) on the basis of bi ...

Read more orange-arrow
DGGI's Gurugram unit arrests 2 more for GST fraud case worth Rs 176 cr
26 Oct

Gurugram Zonal Unit (GZU) of the Directorate General of GST Intelligence (DGGI) has incarcerated two more people for passing on a total fake input t ...

Read more orange-arrow
Finance minister asks public sector banks to provide assistance to sunrise sectors
26 Oct

Finance minister Read more orange-arrow

R C Bhargava, Venu Srinivasan face off with govt on auto GST rate
26 Oct

In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wedn ...

Read more orange-arrow
No GST on World Economic Forum's liaison office: Maharashtra AAR
25 Oct

In a relief to the World Economic Forum's, the Authority for Advance Ruling in Maharashtra has said that the forum’s liaison office in India i ...

Read more orange-arrow
GST: E-way bill generation maintains momentum in August
25 Oct

Daily e-way bill generation for goods transportation under the Goods and Services Tax (GST) system came in at 20.7 lakh in the first 22 days of August ...

Read more orange-arrow
Cut GST on edible oils to benefit consumers: Trade body
25 Oct

To ease the burden on end-consumers, the government should reduce the goods and services tax on edible oils rather cutting import duty on them, a&nb ...

Read more orange-arrow
Papads don’t attract GST, but fryums face 18% rate
25 Oct

No  Gujarti Thali  is complete without a papad, be it fried or roasted. Fortunately for consumers, as the GST burden is ulti ...

Read more orange-arrow
Supreme Court Issues Notice On Plea Challenging 18% GST On DNB Doctors' Fee
24 Oct

Supreme Court on Monday issued notice in a plea filed by Association of DNB Doctors against the imposition of 18% GST on fee deposited by DNB Candidat ...

Read more orange-arrow
Punjab and Haryana HC grants SpiceJet relief against recovery proceedings by GST authorities
24 Oct

Low-cost airline SpiceJet has been granted relief from the Punjab and Haryana High Court which has asked the GST department to consider and pass an or ...

Read more orange-arrow
Lassi exempt from GST, but not flavoured milk
24 Oct

The GST Authority for Advance Rulings (AAR-Gujarat) has held that lassi, the fermented milk product, is exempt from goods and services tax (GST). The ...

Read more orange-arrow
GST Intelligence busts fake companies, arrests mastermind
23 Oct

The Mumbai Zonal Unit of Directorate General of GST Intelligence has busted a major input tax credit (ITC) refund fraud case. GST Intelligence has cra ...

Read more orange-arrow
Fuels, electricity under GST ambit: NITI Aayog formula includes six-year aid to states
23 Oct

Amid a raging row over the hefty taxes on petrol and diesel, NITI Aayog is learnt to have proposed a formula whereby the two motor fuels and electrici ...

Read more orange-arrow
T.N. let down by Centre in GST compensation
21 Oct

Tamil Nadu Congress Committee (TNCC) president K.S. Alagiri on Friday said the Centre had let down Tamil Nadu by denying payout of its compensation du ...

Read more orange-arrow
Chandigarh traders’ representation on GST
21 Oct

The Chandigarh Beopar Mandal (CBM) has suggested some measures for the simplification of GST procedures and rates.In a comprehensive memorandum sent t ...

Read more orange-arrow
Not all exporters are happy with the reimbursement rates under RoDTEP scheme
20 Oct

Remission of Duties and Taxes on Exported Products (RoDTEP) scheme is neither efficient nor sustainable. Its stipulated goal is to remove embedded tax ...

Read more orange-arrow
Signs of recovery, Punjab GST collection up 29%
20 Oct

Punjab has recorded a considerable increase in tax collection as compared to the last fiscal.Following a dip in Covid-19 cases, automobile retail, rea ...

Read more orange-arrow
No reversal of ITC on manufacturing process loss
20 Oct

Whether it is the manufacture of ghee or steel products, interpretation of provision related to Input Tax Credit (ITC) will not change.
The Madras ...

Read more orange-arrow
Fertilizer industry input-output GST mismatch: Amendment to Finance Act can help resolve issue
19 Oct

The Federal Board of Revenue (FBR) may address the issue of sales tax collection mechanism on fertilizer industry by removing mismatch between the inp ...

Read more orange-arrow
Remove PASA sword hanging over traders, says Gujarat high court
19 Oct

The Gujarat high court on Wednesday said that the state government should not keep the sword of PASA hanging over traders on issues pertaining to GST ...

Read more orange-arrow
Car seat cover 'accessory', not 'part', at 28% GST, rules Andhra Pardesh AAR
18 Oct

It may seem amusing but your good old car seat cover is not actually a "part" of the seat but an "accessory", at least, in the eyes of the tax departm ...

Read more orange-arrow
The real reason for increasing GST collections are rising commodity prices
18 Oct

A surge in commodity prices is aiding the exchequer by boosting the government’s revenue receipts from goods and services tax (GST), said experts.
...

Read more orange-arrow
‘In person’ GST Council meeting likely after a 16-month gap
18 Oct

The GST Council may resume its meeting in person after a gap of almost 16 months and 5 meetings. The next meeting is scheduled to take place soon.GST ...

Read more orange-arrow
NFTs Deals may attract GST and equalisation levy of 2%
17 Oct

After cryptocurrencies, the non-fungible token or NFT has attracted the taxman’s attention as any purchase of the blockchain digital file will attract ...

Read more orange-arrow
E-way bill generation gathers pace in August
17 Oct

Daily e-way bill generation for goods transportation under the goods and services tax (GST) system came in at 20.5 lakh in the week ended August 15, 5 ...

Read more orange-arrow
18% GST payable on purified Drinking Water Supply through Mobile Tankers: AAR
17 Oct

Supply of drinking water to the public through mobile tankers or dispensers by a charitable organisation is taxable at 18 per cent under the GS ...

Read more orange-arrow
No GST on entire bet amount in horse races : Karnataka HC
16 Oct

A division bench of the Karnataka High Court has stayed the operation of the single bench order passed on June 2, by which it had declared Rule 31A(3) ...

Read more orange-arrow
Govt. notifies continuation of scheme for rebate of state and central taxes and levies on export
16 Oct

The Ministry of Textiles has notified the guidelines and continuation of the Scheme for Rebate of State and Central Taxes and Levies on Export (RoSC ...

Read more orange-arrow
Chhattisgarh HC stays cancellation of GST registration as order lacked official examination
16 Oct

The Chhattisgarh High Court stayed the cancellation of registration under GST as the order lacked Official examination.
The assessee, Cheema ...

Read more orange-arrow
India needs to reduce GST rates for auto sector: Revenue Secretary
14 Oct

Higher taxes on automotive sector have a negative impact and the government needs to look at the solution, Revenue Secretary Tarun Bajaj said.India ne ...

Read more orange-arrow
GST officers unearth over Rs 35k cr fraud in FY'21, arrest 426 persons
14 Oct

In the year-long crackdown on tax evasion, the GST authorities have unearthed over Rs 35,000 crore of tax fraud committed by misuse of input tax credi ...

Read more orange-arrow
Division Bench of HC stays verdict on levy of GST on race clubs
14 Oct

It has been contended in the appeals that the single bench ought to have considered the pre-GST regimeA Division Bench of the High Court of Karnataka ...

Read more orange-arrow
Due date for QRMP scheme TODAY; check the invoice furnishing facility
13 Oct

Attention GST taxpayers! There is an important update for the GST taxpayers who have opted for the Quarterly Return Monthly Payment Scheme (QRMP) sc ...

Read more orange-arrow
Gujarat loses Rs 171 crore to GST evasion in Q1
13 Oct

Thanks to the evasion of Goods and Services Tax (GST) by wrongfully claiming input tax credit (ITC), the state exchequer in Gujarat lost Rs171 crore i ...

Read more orange-arrow
Your gift and cash back vouchers will now attract 18% GST
13 Oct

Expanding the scope of taxation, the tax department will now levy GST on the supply of e-vouchers thereby bringing even exclusive marketing companie ...

Read more orange-arrow
GST Council focus on pruning exemptions, fixing anomalies
12 Oct

The next meeting of the Goods and Services Tax (GST) Council will consider pruning the list of tax-exempt items and fixing the anomaly of raw material ...

Read more orange-arrow
E-way bill blocking for GST defaulters: Businessmen unhappy
12 Oct

The regulation of blocking e-way bill generation for the non-filers of GST returns is set to resume from August 15. The assessees defaulting on the ou ...

Read more orange-arrow
Mumbai Businessman booked in Rs 9 crore GST fraud
12 Oct

Central Goods and Service Tax (CGST), Bhiwandi commissionerate on Wednesday arrested Hiten Sheth, proprietor of Mahir Life Care for fraudulently avail ...

Read more orange-arrow
Next GST Council meeting likely in August end; compensation extension on agenda
11 Oct

The next meeting of the all-powerful Goods and Service Tax Council is likely to be convened in the last week of August or the first week of September. ...

Read more orange-arrow
Diesel not under GST but taxable at 18% as part of composite service
11 Oct

Cost of diesel incurred as part of a composite service will attract GST even though the fuel itself has not been included under the new indirect tax ...

Read more orange-arrow
Realtors' body Credai seeks input tax credit under GST for developers
11 Oct

Realtors' body Credai on Tuesday demanded that input tax credit (ITC) under the GST regime should be allowed to developers, saying this could lead t ...

Read more orange-arrow
April-June net GST collections at 26.6% of budget estimates: Govt
10 Oct

The government has achieved 26.6 per cent of the budget estimates for GST collections in the first three months of the current fiscal, Parliament was ...

Read more orange-arrow
GST compliance for all e-commerce, edu-tech start-ups may hamper growth
10 Oct

Goods and Services Tax (GST) regime has undoubtedly simplified tax compliance for businesses by saving time and energy in paying various central and s ...

Read more orange-arrow
GST dept starts campaign against unregistered businesses
10 Oct

The Goods and Services Tax (GST) department has started a campaign in Dehradun to increase the tax collection and verify the businesses that fail to r ...

Read more orange-arrow
18% GST on ready-to-cook idli, dosa, porridge mix: AAR
09 Oct

Ready-to-cook dosa, idli, porridge mix, etc sold in powdered form are taxable at 18 per cent, even though the GST rate is 5 percent if they are sold a ...

Read more orange-arrow
Traders’ body to all Chief Ministers: ‘Considerable avoidance’ of GST by e-commerce firms, need probe
09 Oct

Traders’ body Confederation of All India Traders (CAIT) in a communication sent on Sunday to Chief Ministers of all states highlighted the issue of “c ...

Read more orange-arrow
How a restaurant cooks up a storm at tax office
09 Oct

The taxman has been dished a mind-bending problem, thanks to a point on semantics raised by Odisha’s Appellate Authority for Advance Ruling (AAAR). GS ...

Read more orange-arrow
Supreme Court Pulls Up Centre Over Non-Creation Of GST Appellate Tribunal
07 Oct

Supreme Court on Friday pulled up the Centre for not constituting an appellate tribunal under the CGST Act even after 4 years of the Act having come i ...

Read more orange-arrow
Extend GST compensation period beyond five years or provide additional central aid: Puducherry CM
07 Oct

Puducherry chief minister N Rangasamy has urged the Union government to extend GST compensation period, which ends on July 1, 2022, or to release addi ...

Read more orange-arrow
Dushyant Chautala launches Model-2 of GST implementation
07 Oct

Haryana deputy chief minister, Dushyant Chautala said on Friday that the Excise and Taxation department will be kept updated with modern technology in ...

Read more orange-arrow
E-way bill generation to be blocked from Aug 15 for GST return non-filers
06 Oct

Taxpayers who have not filed GST returns for two months or quarters up to June 2021 will not be able to generate e-way bills from August 15, GST Netwo ...

Read more orange-arrow
Fake firms used for Rs 300 crore GST evasion in Jharkhand: CGST dept
06 Oct

The Central Goods and Services Tax (CGST) department , Ranchi, has unearthed an alleged ₹300 crore scam wherein firms, mainly from Chhattisgarh and Od ...

Read more orange-arrow
GST hit Kerala’s tax revenue, system needs rethink: Kerala FM
05 Oct

The state government fears that the state's tax revenues would deteriorate once the five-year guaranteed GST compensation ends in June 2022.Even thoug ...

Read more orange-arrow
PHDCCI calls for 3-tier GST, capping highest slab at 18%
05 Oct

Industry chamber PHDCCI on Wednesday called for a 3-tier GST rate structure, with the highest slab at 18 per cent, to help boost consumption and reduc ...

Read more orange-arrow
Mumbai Businessman held for Rs 55cr GST fraud
05 Oct

The Directorate General of Goods and Services Tax Intelligence (DGGSTI) have arrested a Juhu businessman in an alleged Input Tax Credit (ITC) fraud of ...

Read more orange-arrow
6.42 crore E-way bills generated in July, 17% higher than June
04 Oct

E-way bill generation for goods transportation under the Goods and Services Tax (GST) system has came in at 6.42 crore in July, highest in four months ...

Read more orange-arrow
GST officers detect Rs 7,421 crore tax evasion in April-June
04 Oct

GST officers have detected tax evasion of Rs 7,421 crore in the April-June period of the current fiscal, Parliament was informed on Tuesday. In a writ ...

Read more orange-arrow
Doctors demand GST Exemption on Diplomate of National Board course Fees
04 Oct

Questioning the inclusion of GST charges in the annual course fees of DNB candidates, the Federation of Resident Doctors Association (FORDA), along wi ...

Read more orange-arrow
Chandigarh registers 23% growth in GST collection
03 Oct

Coming out of the shadow of the Covid-19 pandemic, the Chandigarh has registered a 23 per cent growth in gross Goods and Services Tax (GST) collection ...

Read more orange-arrow
High GST and acquisition cost slowing down car demand, says Maruti chairman
03 Oct

High cost of acquisition due to a variety of reasons, including higher GST than all other major countries, is slowing down car demand in the country a ...

Read more orange-arrow
Bring petroleum products in ambit of GST soon: PHDCCI
03 Oct

Industry chamber PHDCCI on Sunday urged the government to bring petroleum products in the ambit of goods and services tax (GST) soon, as high inflat ...

Read more orange-arrow
July's GST collection at over Rs 1.16 lakh crore
02 Oct

The gross GST revenue collected in the month of July 2021 is Rs 1,16,393 crore of which Central GST (CGST) is Rs 22,197 crore, State GST (SGST) is Rs ...

Read more orange-arrow
High Court directs SBI to pay Rs 215.11 crore GST to AP govt.
02 Oct

 A division bench of the Andhra Pradesh (AP) High Court comprising Justices U. Durga Prasad Rao and B. Krishna Mohan refused to entertain a Writ ...

Read more orange-arrow
Businesses can now self-certify GST annual returns, instead of mandatory audit by CA
02 Oct

GST taxpayers with a turnover of over Rs 5 crore can now self-certify their annual return, instead of a mandatory audit certification by chartered acc ...

Read more orange-arrow
Treated and purified sewage water for industrial use to attract 18% GST: AAR
02 Oct

Treated and purified sewage water is classified as 'water' under the GST Act and its supply for industrial use would attract an 18 per cent tax, the A ...

Read more orange-arrow
Delhi Assembly passes Delhi GST (Amendment) Bill, 2021 and amendments ‘Bed and Breakfast Scheme
31 Oct

The Delhi Legislative Assembly, on the final day of its two-day monsoon session, passed the Delhi GST (Amendment) Bill 2021 and amendments to the ambi ...

Read more orange-arrow
Don't Pay GST Till Demands Are Met, PM's Brother Tells Traders On Protest
31 Oct

Prahlad Modi, Prime Minister Narendra Modi's brother and vice-president of All-India Fair Price Shop Association, asked traders not to pay GST till th ...

Read more orange-arrow
Gujarat govt transfers 36 officials for ‘fair investigation’ into Rs 1,000 cr fake GST bill case
31 Oct

In connection with a case involving more than Rs 1,000 crore of fake GST (Goods and Services Tax) bills in Bhavnagar, the Gujarat government on Friday ...

Read more orange-arrow
GST rate structure rationalisation on govt’s agenda, definitely going to happen: CEA
30 Oct

Chief Economic Adviser (CEA) K V Subramanian on Thursday said that rationalisation of GST rate structure is on the government’s agenda and it is defin ...

Read more orange-arrow
Centre-State action to plug GST revenue leak
30 Oct

GST officers of Andhra Pradesh and the Central governments met here on Thursday to discuss ways to plug revenue leak through coordinated efforts and i ...

Read more orange-arrow
Plea to interfere in petroleum products price hike
30 Oct

The Kerala High Court directed the central government and chairman, Goods and Service Tax Council, New Delhi to file a statement within three weeks, i ...

Read more orange-arrow
States got least GST compensation in south
29 Oct

Exclusive data on fund release to states (as of March 21) under the special borrowing scheme reveals that Telangana had received less compensation amo ...

Read more orange-arrow
Maharashtra State suffered financial loss for last 3 years as short-credited to GST Compensation Cess
29 Oct

The state has suffered financial loss for last three years along with other states as the Union finance ministry short-credited to GST Compensation Ce ...

Read more orange-arrow
No proposal in GST Council to include petrol & diesel in GST: Govt
28 Oct

In reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said that as per the provision of Central Goods and Services ...

Read more orange-arrow
DGGI Investigating GST Evasion in Railway Tenders
28 Oct

“Directorate General of Goods and Services Tax (GST) Intelligence (DGGI) has initiated investigations into tenders awarded by Indian Railways since Ju ...

Read more orange-arrow
2 persons held for issuing fake GST invoices worth Rs 115 crore
28 Oct

The central GST department of Ghaziabad has arrested two persons in connection with issuance of fake GST invoices without actual supply of goods. Acco ...

Read more orange-arrow
Centre not in favour of extending GST compensation period beyond 5 years
27 Oct

The Centre is not inclined towards extending the Goods and Services Tax (GST) Compensation period for States beyond March 2022, however, a proposal fo ...

Read more orange-arrow
GST e-way bill generation gathers momentum in July
27 Oct

Average daily e-way bill generation was 20.2 lakh in the week ended July 25, compared with 20.4 lakh in preceding week and 19.24 lakh in the first 11 ...

Read more orange-arrow
18% GST payable on Unburnt or Half-Burnt Coal and Dust: AAR
27 Oct

The Telangana Authority of Advance Ruling (AAR) ruled that 18% GST is payable on Unburnt or Half-Burnt coal and Dust. The applicant, M/s. Jeevaka Indu ...

Read more orange-arrow
The Civil Aviation Ministry has asked the Finance Ministry to bring Alcohol, Tobacco, and Firearms under GST
26 Oct

The Civil Aviation Ministry has formally asked the Finance Ministry to bring ATF under the ambit of GST at an applicable rate not higher than 12% with ...

Read more orange-arrow
Charitable trust running medical store required to register for GST - Gujarat HC
26 Oct

The Gujarat High Court held that medical store run by a charitable trust is a ‘business’ even if medicines are sold at lower prices and hence it req ...

Read more orange-arrow
Civil Aviation Ministry Asks MoF to put ATF under GST
24 Oct

The Civil Aviation Ministry has formally asked the Finance Ministry to bring ATF under the ambit of GST at an applicable rate not higher than 12% with ...

Read more orange-arrow
Charitable trust running medical store required to register for GST: Gujarat HC
24 Oct

The Gujarat High Court held that medical store run by a charitable trust is a ‘business’ even if medicines are sold at lower prices and hence it requi ...

Read more orange-arrow
Discrimination in terms of Time Limit to allow availment of ITC is Arbitrary and Unreasonable: Kerala HC
23 Oct

The Kerala High Court ruled that the discrimination in terms of time limit to allow availment of the Input Tax Credit (ITC) is arbitrary and unreasona ...

Read more orange-arrow
PIL seeks setting up of GST tribunal to cut backlog of cases
23 Oct

A PIL in the Supreme Court has sought directions to the Centre for setting up of the Goods and Services Tax Appellate Tribunal, as mandated under the ...

Read more orange-arrow
GST intelligence unearths Rs 338 crore fake invoicing racket in Assam
23 Oct

Directorate General of GST Intelligence (DGGI), Guwahati Zonal Unit unearthed a Rs 338 Crore racket of fake invoicing in which fake credit of Input ta ...

Read more orange-arrow
Centre begins review of legal issues in GST
22 Oct

The Centre has begun a comprehensive review of the goods and services tax (GST) law, as well as various rules pertaining to the levy, to provide clari ...

Read more orange-arrow
Suppliers passed on Fake ITC for which Taxpayer claims GST Refund
22 Oct

The Delhi High Court while refusing to grant the refund held that the suppliers passed on fake Input Tax Credit (ITC) for which the taxpayer claims re ...

Read more orange-arrow
Pvt coaching institutes not 'educational institutions', liable to pay GST
21 Oct

Private Coaching Institute imparting education to students facilitating them to obtain qualifications like Chartered Accountancy (CA), Cost Accountanc ...

Read more orange-arrow
CBIC clarifies Extension of Limitation under GST Law in terms of Supreme Court’s Order
21 Oct

The Central Board of Indirect Tax and Customs (CBIC) issued the clarification extension of limitation under GST Law in terms of the Supreme Court’s Or ...

Read more orange-arrow
Centre owes Rs 6,876 crore GST compensation to Punjab
21 Oct

The central government, during the ongoing monsoon session of the Lok Sabha, accepted that it is yet to release Goods and Services Tax (GST) compensat ...

Read more orange-arrow
Centre waives Import Duty, GST on Rs 16cr Gene Drug for Toddler
19 Oct

The Centre Government waived the duties and GST on a drug required for the treatment of a 2-year-old girl, KS Mithrra born with a rare genetic disorde ...

Read more orange-arrow
Rajasthan High Court allows IGST Refund on Ocean Freights
19 Oct

The Rajasthan High Court allowed the refund of Integrated Goods and Service Tax (IGST) on Ocean Freights.The division bench of Justice Vinit Kumar Mat ...

Read more orange-arrow
Government tenders to attract GST, deemed as service
17 Oct

The government’s tendering process is all set to come under the goods and services tax (GST) umbrella after a tax ruling has said it constitutes suppl ...

Read more orange-arrow
Kerala gets ₹4,122 cr. GST dues
17 Oct

The Centre on Thursday released ₹4,122.27 crore to the State as GST (Goods and Services Tax) compensation dues through a special borrowing arrangement ...

Read more orange-arrow
Reimbursement of additional discount to distributor will attract GST, says Kerala AAAR
17 Oct

Kerala’a Appellate Authority for Advance Ruling has upheld that additional discount reimbursed by a company to its distributor will be added to the co ...

Read more orange-arrow
Finance ministry releases Rs 75,000 crore to states and UTs, nearly half of FY22 GST compensation shortfall
16 Oct

The finance ministry released Rs 75,000 crore or nearly half of the total Goods and Services Tax (GST) compensation shortfall for FY22 to the states a ...

Read more orange-arrow
ITC not allowable on Food and Beverages consumed in Industrial Canteen: AAR
16 Oct

The Maharashtra Authority of Advance Ruling (AAR) ruled that the Input Tax Credit (ITC) is not allowable on Food and Beverages consumed in Industrial ...

Read more orange-arrow
GST only on monthly maintenance over Rs 7,500: Madras HC
15 Oct

In a relief to resident welfare association (RWA) members across middle and high-end housing societies, the Madras High Court has ruled that the goods ...

Read more orange-arrow
Special GST Council meet likely in August after monsoon session of Parliament
15 Oct

A special Goods and Service Tax (GST) Council meeting is likely to be held in later part of August after the monsoon session of Parliament concludes o ...

Read more orange-arrow
Karnataka govt proposes to reimburse GST on movie tickets
15 Oct

To help the pandemic-hit Kannada film industry, the state government has proposed to reimburse its share of GST on movie tickets that were sold during ...

Read more orange-arrow
Kerala CM meets PM, seeks GST dues clearance
14 Oct

Kerala Chief Minister Pinarayi Vijayan on July 13, urged the central government to set up an AIIMS in the state as well as provide pending GST dues wo ...

Read more orange-arrow
GST officials book 8,000 cases involving fake ITC of over Rs 35k cr in FY21
14 Oct

In the year-long crackdown on tax evasion, the GST authorities have unearthed over Rs 35,000 crore of tax fraud committed by misuse of input tax credi ...

Read more orange-arrow
12% GST on unbranded chips too: Kerala AAR
14 Oct

The Kerala bench of the GST Authority for Advance Rulings (GST-AAR) has held that such products would attract tax at 12%, even if unbranded.The applic ...

Read more orange-arrow
18% GST on houseboat business, but ITC available: Kerala AAR
14 Oct

The GST-AAR, Kerala bench, has held that GST at 18% will apply on houseboat cruises, be it day trips or overnight trips. This ruling was sought by EVM ...

Read more orange-arrow
Kerala AAR: 18% GST levy applies on house-boat services but ITC available
13 Oct

Houseboats sailing languidly in the backwaters are icons of Kerala’s tourism sector. In its recent ruling, the GST-Authority for Advance Rulings (AAR) ...

Read more orange-arrow
GST is inherently regressive, the model overly centralised: Tamil Nadu’s FM
13 Oct

Tamil Nadu’s finance minister Palanivel Thiaga Rajan is of the view that the GST model is ‘overly centralised’ and suffers from both design and execut ...

Read more orange-arrow
12% GST on Chips, Sharkarai varatty, Roasted and Salted Cashew nuts, Namkeens: AAR
13 Oct

The Kerala Authority of Advance Ruling (AAR) ruled that 12% GST on Chips, Sharkarai varatty, Roasted and Salted Cashew nuts and Namkeens.The coram of ...

Read more orange-arrow
GST officers bust network of 23 firms for fraudulently claiming Rs 91 crore ITC
12 Oct

GST officers have busted a network of 23 entities involved in creation of fake invoices worth Rs 551 crore and passing inadmissible input tax credit w ...

Read more orange-arrow
18% GST forces hotels to junk biodegradable packaging
12 Oct

For hotels and restaurants, a higher GST on environment-friendly and biodegradable material is the biggest stumbling block to using cutlery made of ba ...

Read more orange-arrow
50 Bihar firms raided which caused ₹171 crore loss in GST
12 Oct

The firms were selected for searches by using data analytics and 360 degree profiling on the instructions of commissioner cum secretary, commercial ta ...

Read more orange-arrow
Bringing petroleum products and electricity under GST should be top focus
10 Oct

Foremost on the GST Council’s agenda should be to take up the long-pending demand of industry to bring petroleum products and electricity under GST. D ...

Read more orange-arrow
Charging Rs 4.50 GST on soft drink costs Swiggy Rs 20,000
10 Oct

Online food delivery platform Swiggy has to pay a Rs 20,000 fine for charging Rs 4.50 GST on a soft drink.But Swiggy claimed that it was only an inter ...

Read more orange-arrow
Karnataka reports marginal increase in GST collection in Q1
09 Oct

During the COVID-19 induced restrictions, Karnataka recorded a marginal increase of ₹371.52 crore in the collection of Goods and Service Tax (GST) in ...

Read more orange-arrow
Confusion over GST on annuity from govt: Infra companies under taxman’s lens
09 Oct

Several infrastructure companies that are building highways have come under the tax department’s scrutiny for misinterpretation of the word “annuity” ...

Read more orange-arrow
Authorities tracking RFID data to detect GST evasion, fraud
09 Oct

Tax authorities have started tracking Radio-frequency identification (RFID) tags on commercial vehicles to detect Goods and Services Tax (GST) evasion ...

Read more orange-arrow
GST  officials  tap  radio  frequency data to detect tax evasion, fraud
08 Oct

Goods and services tax (GST) authorities have started detecting instances of tax evasion by identifying mismatches between electronic permits issued f ...

Read more orange-arrow
Plea for no GST levy on royalty, dead rent paid by mining concession holders
08 Oct

A petition has been filed before the Punjab and Haryana high court seeking directions not to levy the goods and services tax (GST) on royalty/dead ren ...

Read more orange-arrow
Good news for taxpayers, Centre gives another opportunity to file GST returns without penalty
08 Oct

GST Amnesty Scheme: If you have not filed the GST Return yet, the government is going to impose a heavy penalty on you. However, before this, the gove ...

Read more orange-arrow
Centre Seeks States' Consent To Start GST Borrowing
08 Oct

The Ministry of Finance last month sought states' consent to borrow back-to-back-loans to plug the shortfall in goods and services tax cess collection ...

Read more orange-arrow
Amazon’s wholesale arm now lets customers claim GST credit while shipping to GST unregistered states
07 Oct

Amazon Business customers, which are largely MSMEs, will now be able to claim GST credit for orders delivered across India with GST registration in on ...

Read more orange-arrow
Centre owes Rs 30,352 crore to Maharashtra in GST dues: Ajit Pawar
06 Oct

The Central government owes Rs 30,352 crore to Maharashtra towards the GST compensation, state Finance Minister Ajit Pawar told the Legislative Counci ...

Read more orange-arrow
Delhi govt. collects Rs 5,281 crore GST in first quarter of current financial year
06 Oct

 In a sign of revival in the city economy hit by COVID-19 pandemic and the subsequent lockdown, the Delhi government collected Rs 5,281 crore GST ...

Read more orange-arrow
Gujarat GST body wants tax on International Service Entities
05 Oct

Some 300 International Service Entities (ISEs) including search engines and e-commerce companies which provide services to Indian customers, have not ...

Read more orange-arrow
Foreign crypto exchanges in India may have to pay 18% GST
05 Oct

With the Indian government mulling over new laws to regulate cryptocurrencies in the country, the indirect tax department is looking into whether over ...

Read more orange-arrow
GST collection in Himachal rises by 7 per cent in June 2021
05 Oct

The Goods and Service Tax (GST) collection has increased by 7 per cent in June this year, compared to the revenue in the same month last year, a spoke ...

Read more orange-arrow
GST milestone in India's economic landscape: PM Narendra Modi
01 Oct

Prime Minister Narendra Modi said on Wednesday that the GST has been a milestone in the economic landscape of India as it has decreased the number of ...

Read more orange-arrow
GST 4th Anniversary: Finance ministry to issue Appreciation Certificates to GST payers
01 Oct

The finance ministry on Wednesday said it will issue certificates of appreciation to over 54,000 GST payers for timely filing of returns and cash paym ...

Read more orange-arrow
GST has reduced rate at which people have to pay tax: Nirmala Sitharaman
01 Oct

Union Finance Minister Nirmala Sitharaman on Wednesday said that the Goods and Services Tax (GST) has reduced the rate at which people have to pay tax ...

Read more orange-arrow
Industry bodies to take up GST points with govt; GST to mark four years on July 1
30 Oct

Industry bodies are set to raise several issues with the government related to goods and services tax (GST) compliances, legislation and administratio ...

Read more orange-arrow
GSTN enables Functionality to Register Complaint on Misuse of PAN in GST Registration
30 Oct

The Goods and Service Tax Network (GSTN) enabled the Functionality to register complaints on misuse of PAN in GST Registration. The GSTN with the obje ...

Read more orange-arrow
Allow buyers to claim ITC even if supplier defaults in depositing GST: PHD Chamber
30 Oct

Ahead of GST Day on July 1, industry body PHD Chamber of Commerce has raised the issue of blocking input tax credit and said the buyer should be allow ...

Read more orange-arrow
Fake GST Invoice Racket Of Rs. 106 Crore Unearthed In Odisha
29 Oct

An Odisha government agency working under the Goods and Services Tax (GST) directorate on Monday unearthed a racket that issued fake invoices to the t ...

Read more orange-arrow
Haryana approves GST reduction on services related to Covid management
29 Oct

Haryana chief minister, Manohar Lal Khattar on Monday accorded approval for the notification related to the reduction of GST rates of goods and servic ...

Read more orange-arrow
No GST payable on Imparting Training to Students Sponsored by Central or State Govt: AAR
29 Oct

The coram of Rachna Singh and Vidhya Sagar observed that that the Department of the welfare of sc and BC, Haryana implements three types of schemes i. ...

Read more orange-arrow
Goa notifies GST reduction for Covid drugs, equipments
28 Oct

Following the Goods and Services Tax (GST) Council decision to cut rates on Covid-related medicines, oxygen concentrators and testing kits, the state ...

Read more orange-arrow
Private Equity industry players unhappy over GST on fund management fees
28 Oct

The domestic private equity industry is keen that the government ensures a level-playing field between the locally set up PE funds and those establish ...

Read more orange-arrow
Orissa HC asks auto driver to reply to GST notice over Rs 148 crore fraud
28 Oct

The Orissa High Court has directed an auto-rickshaw driver to file a reply to a show cause notice issued to him for payment of tax or penalty by the S ...

Read more orange-arrow
Medicaments or disinfectants: Companies, taxmen disagree over GST on sanitisers
26 Oct

The demand for hand sanitisers remains high in the country after sales jumped last year during the first wave of Covid-19. As sanitiser sales remain h ...

Read more orange-arrow
Experts divided on Kerala High Court order seeking decision on GST on petrol, diesel
26 Oct

With petrol prices breaching the three-digit mark in many parts of the country, the Kerala High Court has asked the Goods and Services Tax (GST) Counc ...

Read more orange-arrow
GST officials seize Rs. 1.7 crore from a private bank locker
26 Oct

Officers of the Directorate General of GST Intelligence (DGGI), Visakhapatnam seized Rs 1.7 crore (in Rs 2,000 denominations) from a locker of a priva ...

Read more orange-arrow
GST Officers to collect evidence against suppliers denying GST Rate Cut benefits on COVID-19 essentials
25 Oct

The National Anti-Profiteering Authority (NAA) directs GST officers to collect evidence against suppliers denying GST Rate Cut benefits to the Recipie ...

Read more orange-arrow
GST: No Resolution For A Four-Year-Old Annuity Problem
25 Oct

In a major blow to contractors, the government has clarified that the annual deferred payments, called annuity, received by them for construction of r ...

Read more orange-arrow
Better GST mop-up likely: In 20 days, June e-way bills rise 34% over month ago
25 Oct

After falling to a one-year low in May, digital means (e-way) invoice technology underneath the products and companies tax (GST) regime gathered momen ...

Read more orange-arrow
Bengal FM asks Sitharaman for ‘course correction’ in GST Council Meetings
24 Oct

West Bengal Finance Minister Amit Mitra wrote to his central counterpart Nirmala Sitharaman again on June 23, seeking a course correction by the Goods ...

Read more orange-arrow
Kerala HC asks GST Council to decide to bring petroleum products under GST
24 Oct

The Kerala High Court has asked the Goods and Services Council to take a decision on a representation seeking to bring petroleum products under the GS ...

Read more orange-arrow
Unpaid GST dues to states for FY21 stands at Rs 74,398 crore
24 Oct

Unpaid goods and service tax (GST) shortfall compensation to states stood at Rs 74,398 crore for FY21, West Bengal finance minister Amit Mitra said on ...

Read more orange-arrow
GST authorities uncovers network of firms dealing in fake invoice
23 Oct

The Directorate General of GST Intelligence (DGGI) bust a network of 16 firms after conducting searches at multiple premises in Punjab, Himachal Prade ...

Read more orange-arrow
Fintech, IT/ITeS companies with tripartite pacts under GST scanner
23 Oct

The tax department has held back the export benefits of many companies that have three-way contracts, or tripartite agreements, with multinationals, s ...

Read more orange-arrow
GST Compensation Cess May Stretch Beyond 2024 To Clear Arrears, Borrowings
23 Oct

From cigarettes to luxury cars, yachts to personal planes, may continue to attract additional levies for at least another three years as the central g ...

Read more orange-arrow
Petrol, diesel under GST: HC asks Centre to decide
22 Oct

The Kerala high court has asked the central government to decide on a representation seeking to bring petroleum products under goods and services tax ...

Read more orange-arrow
CBIC issues clarification on Applicability of Dynamic QR Code on B2C Invoices
22 Oct

The Central Board of Indirect Taxes and Customs (CBIC) issued the clarification on the applicability of the Dynamic Quick Response (QR) Code on B2C in ...

Read more orange-arrow
GST bogus billing scam: ₹40 lakh seized from Ludhiana hosiery trader
22 Oct

The anti-evasion wing of the Central Goods and Services Tax (CGST) Commissionerate seized ₹40 lakh from hosiery trader Yogesh Jain’s house in Kalyan N ...

Read more orange-arrow
Maruti Suzuki reduces prices of Eeco ambulance with reduced GST rates
21 Oct

Maruti Suzuki has announced a reduction on the ex-showroom price of the Eeco Ambulance. Recently, the Ministry of Finance slashed the GST rates on the ...

Read more orange-arrow
Trade bodies seek removal of deficiencies in GST system
21 Oct

Trade organisations in Madurai have urged the local ministers to provide relief in terms of rectifying the drawbacks of the GST system in the ensuing ...

Read more orange-arrow
Odisha: Lockdown likely to hit GST collection in June
21 Oct

The state GST (SGST) collection is likely to be affected in June as retail, tourism and hospitality industries have been severely hit because of the l ...

Read more orange-arrow
GCCI urges Goa CM to withdraw additional COVID cess on GST for pharma industry
18 Oct

Goa Chamber of Commerce and Industry (GCCI) has written to state Chief Minister Pramod Sawant urging him to withdraw additional COVID cess on Goods an ...

Read more orange-arrow
No GST on Entrance Exam Fee National Board of Examinations: CBIC
18 Oct

A circular issued by the Central Board of Indirect Taxes and Customs (CBIC) today clarified taxability of various services supplied by Centre and Stat ...

Read more orange-arrow
Centre Releases GST Compensation Cess Of Rs 21,000 Crore To States
18 Oct

The central government has released Rs 21,000 crore as goods and services tax compensation to states this week, two people familiar with the matter to ...

Read more orange-arrow
CBIC notifies reduced GST rates on Covid-related medicines, equipment
16 Oct

The Central Board of Indirect Taxes and Customs (CBIC) Tuesday notified 5 per cent GST on 18 Covid related relief materials including oxygen concentra ...

Read more orange-arrow
Numbers of E-Way Bills indicate forthcoming rise in GST collections
16 Oct

India’s Goods and Services Tax (GST) revenue collections are likely to stage a recovery from July after falling in May and June, official data on e-wa ...

Read more orange-arrow
5% GST on Construction Services for Funeral, Burial or Cremation till 30th Sept
16 Oct

The Central Board of Indirect Taxes (CBIC) has reduced the GST rate to 5% which will be leviable on construction services of structure for funeral, bu ...

Read more orange-arrow
GST Council becoming authoritarian and majoritarian: Bengal FM Amit Mitra
15 Oct

After registering dissent over the GST Council decisions on Covid-related materials, West Bengal Finance Minister, Amit Mitra,on Monday said that the ...

Read more orange-arrow
12% GST on Service of Operating Mini AC Buses: AAR
15 Oct

The coram of T.Ramnani and P.Vinitha Sekhar ruled that service of operating mini AC buses by the applicant for Brihan Mumbai Electricity Supply Transp ...

Read more orange-arrow
Centre to share 70% of vaccine revenue with states: FM Sitharaman
14 Oct

Union Finance Minister Nirmala Sitharaman on Saturday announced series of GST relief measures for Covid-19 relief essentials, including black fungus m ...

Read more orange-arrow
Amnesty scheme for state GST goes live
14 Oct

Thiruvananthapuram: State goods and services tax department has invited options towards the tax amnesty scheme announced in the state budget.As per th ...

Read more orange-arrow
Karnataka to get Rs 18k crore this fiscal to offset GST compensation shortfall
12 Oct

Two weeks after Union Finance Minister Nirmala Sitharaman, said that the same formula as last year will be adopted this year as well to pay GST compen ...

Read more orange-arrow
Congress wants Modi govt should bring petrol and diesel under GST
12 Oct

After staging nationwide protests against fuel hike, Congress on Friday demanded a complete rollback of excise duty on fuel brought by the Modi govern ...

Read more orange-arrow
DGGI uncovered fake invoice supply racket in Nagpur
12 Oct

The Directorate General of GST Intelligence (DGGI) has arrested a supplier of fake invoices and detected fraudulent transactions of Rs 55 crore, an of ...

Read more orange-arrow
GST Council to discuss compensation cess extension, vaccine tax exemption on 12th June 21
11 Oct

The Goods and Services Tax (GST) Council will meet on June 12 to decide on extension of compensation cess beyond 2022 and tax exemption or reduction i ...

Read more orange-arrow
Opposition-ruled states likely to maintain demand of zero-rate GST on Covid-19 vaccines
10 Oct

Opposition-ruled states are likely to maintain their demand of zero rating of Covid-19 vaccines under the Goods and Services Tax despite the Centre ha ...

Read more orange-arrow
Patna HC quashes Ex-Parte Order since Natural Justice Principles were not followed
10 Oct

While quashing the ex-parte order, the Patna High Court held that Input Tax Credit can not be denied for reasons of delay in filing of the respective ...

Read more orange-arrow
Orissa High Court relief for GST related litigants
10 Oct

The Orissa High Court has called upon appellate authorities to condone the delay in filing certified copy of the order appealed against along with app ...

Read more orange-arrow
Group of Ministers suggests cut in GST on Covid relief material to 5 per cent
08 Oct

An eight-member group of ministers (GoM) set up to decide Goods and Services Tax reduction on Covid relief materias has recommended that the GST on va ...

Read more orange-arrow
Six states seeking extension of the compensation period on demerit goods
08 Oct

Opposition-ruled state governments are determined to drive a hard bargain in the special Goods and Services Tax (GST) Council meet to be convened soon ...

Read more orange-arrow
Gujarat govt’s GST collection rises despite Covid second wave
08 Oct

Gujarat government’s Goods & Service Tax (SGST) collections have gone up by over Rs 6,100 crore in the first five months of the current calendar y ...

Read more orange-arrow
Liaison office has to pay GST: AAR
05 Oct

The GST Authority for Advance Rulings (AAR - Maharashtra bench) has held a liaison office, in Mumbai, of the Dubai Chamber of Commerce and Industry (D ...

Read more orange-arrow
Turf clubs liable to pay GST only on commission: Karnataka HC
05 Oct

In a major tax relief to turf clubs, the High Court of Karnataka has declared that the clubs are liable to pay GST only on the commission that they re ...

Read more orange-arrow
GoM for retaining 5% tax on Covid jabs while tax cut on PPEs, ventilators, sanitisers
05 Oct

The Group of Ministers (GoM), constituted by the Goods and Service Tax (GST) Council last week to look into the tax rate on Covid vaccines and other e ...

Read more orange-arrow
GST: Relief For Land Owners As Council Fixes Credit Problem
04 Oct

The recent GST Council meeting has heralded good news for landowners. By making it easier for landowners to avail goods and services tax credit, the c ...

Read more orange-arrow
1st GST GoM meet: Talks on ‘tax cuts for benefit of people’
04 Oct

Meghalaya Chief Minister Conrad Sangma on Thursday chaired the first meeting of the Group of Ministers (GoM) formed to examine GST concessions and exe ...

Read more orange-arrow
GST collection went down 42% in April 2021 in Karnataka
04 Oct

Signalling what could be in store for the State in terms of collection of Goods and Service Tax (GST) for the month of May, when the State was in lock ...

Read more orange-arrow
Relaxing certain GST compliances is the need of the hour
03 Oct

Despite attention from the government, there are many sectors that have suffered due to the GST applicability in a manner that has eroded their workin ...

Read more orange-arrow
Punjab Minister writes to FM, wants GIC suggestions accepted by GST Council
03 Oct

Punjab finance minister Manpreet Badal has written to Union finance minister Nirmala Sitharaman demanding that the recommendations of the Goods and Se ...

Read more orange-arrow
Centre, states may disagree over GST compensation beyond FY22
02 Oct

The Centre and states are set for intense negotiations over extending compensation to states for goods and services tax (GST) revenue shortfall beyond ...

Read more orange-arrow
Congress CMs protest against exclusion from GoM
02 Oct

Chief Ministers of the Congress-ruled Rajasthan and Chhattisgarh have questioned the Union government’s decision to not include Finance Ministers from ...

Read more orange-arrow
Last month Maharashtra GST receipts down 36% over April, but up 59% from May 2020
02 Oct

In a clear indication of the economic hit of the lockdown-like restrictions in Maharashtra, state GST collections plummeted by 36.4% between April and ...

Read more orange-arrow
Monthly GSTR-1 return filing deadline extended till June 26
01 Oct

The government on Monday said the deadline for filing monthly GSTR-1 returns for May has been extended by 15 days till June 26. The GST Council, chair ...

Read more orange-arrow
GST Council adopts casual approach while Indian economy burns
01 Oct

The GST Council, which met last Friday, had many important issues before it but did not make a decision on many of them. These issues had been discuss ...

Read more orange-arrow
GST Council urged to increase compensation cess on tobacco products
01 Oct

On the occasion of World No Tobacco Day, the public health groups along with doctors have urged the GST Council to increase compensation cess on all t ...

Read more orange-arrow
Late fee relief to non-filers of GST returns to help small businesses, add to revenue, say experts
31 Oct

The rationalisation of late fees for delayed filing of monthly GST returns will give relief to small businesses and add to the government revenue, acc ...

Read more orange-arrow
GST council meet left out two important demands
31 Oct

Two important demands of the trade and industry were not discussed at the GST Council meeting on May 28, said AgroFood Chamber of Commerce and Industr ...

Read more orange-arrow
Centre's FY22 GST compensation estimated to be higher than projected Rs 1.58 lakh cr: Opp-ruled states
31 Oct

The compensation amount promised by the Centre is estimated to be higher than the Rs 1.58 lakh crore projected by the Centre, and a special session of ...

Read more orange-arrow
Covid-19 relief material, black fungus drug exempted from tax; return filing simplified
29 Oct

GST Council Meeting Highlights: The 43rd GST Council meet was held earlier today where the council decided to exempt certain covid-19 relief material ...

Read more orange-arrow
Telangana opposes GST on neutral alcohol
29 Oct

Telangana State on Friday objected to the moves by the Union government to bring extra neutral alcohol under the purview of GST. Finance Minister T Ha ...

Read more orange-arrow
State ministers to examine levy of GST at manufacturing stage for pan masala, brick kilns sectors
29 Oct

A state ministerial panel will look into the possibility of levying GST in evasion-prone sectors like pan-masala, gutkha, and brick kilns on the basis ...

Read more orange-arrow
Stage set for a stormy GST meet today
28 Oct

When the GST Council meets after a gap of seven months on Friday, on its agenda are issues related to the economy but discussions will be on political ...

Read more orange-arrow
CAIT seeks extension of GST return filings deadline
28 Oct

Traders’ body CAIT on Thursday sought extension of the deadline for filing various GST returns till August as well as cut in tax rates for medical and ...

Read more orange-arrow
Hospitality industry body wrote to finance minister seeking support ahead of GST Council meet
28 Oct

With GST council meet coming up on May 28, hospitality industry is reaching out to the government to put forth their demands and hope for the support. ...

Read more orange-arrow
Footwear, readymade garments likely to attract higher rates of GST
27 Oct

Footwear and readymade garments may have higher rates of goods and services tax (GST) with the GST Council expected to take up correcting the inverted ...

Read more orange-arrow
FY'22 GST compensation shortfall estimated at Rs 2.69 lakh crore
27 Oct

The shortfall in GST compensation payable to states in the current fiscal is estimated at Rs 2.69 lakh crore, of which Rs 1.58 lakh crore would have t ...

Read more orange-arrow
GST Council likely to announce amnesty on delayed returns
27 Oct

In a move that is likely to provide a huge relief to small taxpayers and micro and small enterprises in the country amid the pandemic, the Goods and S ...

Read more orange-arrow
GST panel rejects demand for tax waiver on Covid-19 vax & ventilator
26 Oct

The goods and services tax (GST) fitment panel, comprising officers from the Centre and some states, has recommended a short-term rate cut on four Cov ...

Read more orange-arrow
Bombay HC dismisses Coca-Cola India unit's writ challenging show-cause notice
26 Oct

In another setback to the Hindustan Coca-Cola Beverages Private Limited (HCCBPL), a subsidiary of Coca Cola India, the Bombay High Court quashed its w ...

Read more orange-arrow
GST Council meet will discuss about Pvt. fintech firms set to enter e-invoicing zone
26 Oct

The Goods and Services Tax (GST) Council on Friday will discuss bringing in private financial technology companies to set up four more invoice generat ...

Read more orange-arrow
Merger of GST slabs likely to take time
25 Oct

A plan to merge goods and services tax (GST) slabs of 12% and 18% into a single rate that will apply to most goods is expected to get delayed, while t ...

Read more orange-arrow
GST council to look at proposals on taxing Covid-19 vaccines
25 Oct

The Goods and Services Tax (GST) Council will consider whether Covid-19 vaccines should be exempt from the levy at a meeting on Friday. The two option ...

Read more orange-arrow
Small businesses seek waiver of penalty and interest and relaxation for return filing till June
24 Oct

Covid impact on MSMEs: Even as the government had earlier this month offered taxpayers a late fee waiver for filing GSTR-3B monthly returns for March ...

Read more orange-arrow
Odisha Finance department: GST fraud grows on the cost of poor
24 Oct

The state finance department’s commercial taxes & GST wing has claimed before the Orissa high court that the racket involved in mass fraud in the ...

Read more orange-arrow
States likely to ask for five-year extension of GST compensation
24 Oct

Witnessing a sharp decline in the GST revenue due to the pandemic and the following lockdown and disruptions in economic activities across the country ...

Read more orange-arrow
GST collections of May likely to drop 30% compared to April
22 Oct

The second covid-19 wave ravaging the Indian economy is set to have an impact on the central government's revenue collections as well. Sources tell ET ...

Read more orange-arrow
Delhi High Court quashes GST on oxygen concentrators
22 Oct

The Delhi High Court on Friday held the Government’s imposition of Goods and Services Tax (GST) on oxygen concentrators imported for personal use as ‘ ...

Read more orange-arrow
The supply of food items under govt. scheme to ITIs and schools are exempted from GST
21 Oct

The supply of food items under government schemes to Industrial training institutes (ITI) will be treated at par with supply of mid-day meals to schoo ...

Read more orange-arrow
Tourism sector seeks GST concessions for revival
21 Oct

Ahead of the GST Council meeting on May 28, associations representing the travel, tourism and hospitality industry have urged the government and the c ...

Read more orange-arrow
E-way bill integrated with FASTag, RFID: GST officers to get real-time data of commercial vehicles
20 Oct

GST officers have been armed with real-time data of commercial vehicle movement on highways with integration of the e-way bill (EWB) system with FASTa ...

Read more orange-arrow
CBIC rationalises GST refund provisions
20 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has rationalised GST refund provisions, including giving option to taxpayers to withdraw applic ...

Read more orange-arrow
Taxpayers worried over GST deadline relief
19 Oct

The relaxation in GST compliance timelines has left taxpayers puzzled as no extension has been granted beyond the May 20 due date for filing the GSTR- ...

Read more orange-arrow
Haryana allows reimbursement of GST on Covid items’ donations
19 Oct

The Haryana government has allowed reimbursement of goods and service tax paid by companies, non-governmental organisations and individuals on purchas ...

Read more orange-arrow
Daily e-way bill generation falls to one-year low due to 2nd covid wave
18 Oct

Fewer e-way bills have been generated in May so far, with the daily average falling to a one-year low, indicating a sharp slowdown in economic activit ...

Read more orange-arrow
Madhya Pradesh demands to fix GST on Covid medicines, equipment at 0.1%
18 Oct

In view of the rising corona cases and the disruptions caused by it, the trade and industry organisations have demanded from the Union finance ministe ...

Read more orange-arrow
Credit card expenses by Indian subsidiary of MNC liable for GST
18 Oct

According to a recent ruling by Tamil Nadu Appellate Authority for Advance Ruling (AAAR), any expenses made by employees of an Indian subsidiary of a ...

Read more orange-arrow
Bengal's GST collection slashes Centre's burden
17 Oct

When the Centre is almost sitting silently in terms of releasing nearly Rs 5,000 crore GST compensation, the Bengal government has played an active ro ...

Read more orange-arrow
GST Council meet on May 28, waiver of tax on medicines on agenda
17 Oct

The Goods and Services Tax (GST) Council will meet for the first time in seven months on May 28 to discuss key issues such as compensation to states a ...

Read more orange-arrow
CBIC launches drive to clear all pending GST refund claims by May-end
17 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has launched a special drive to clear all pending GST refunds by month-end. The 15-day Goods an ...

Read more orange-arrow
GST exemption can be extended to life-saving COVID medicines by 'Zero rating system'
15 Oct

If the final product is exempted, the law denies the input credit and thereby cascading of taxes happen that results in the price being jacked up to c ...

Read more orange-arrow
CENVAT Credit on Input Services used for procurement of crude oil
15 Oct

In a major relief to the Indian Oil Corporation, the CGST Commissioner allowed the CENVAT Credit on input services used for procurement of Crude Oil.“ ...

Read more orange-arrow
Tamil Nadu CM writes to PM Modi, asks GST to be removed on Covid-19 vaccines
14 Oct

Tamil Nadu chief minister and DMK leader MK Stalin wrote a letter to Prime Minister Narendra Modi, urging him to remove the Goods and Service Tax (GST ...

Read more orange-arrow
Vaccines will be costlier if GST exempted, say experts
14 Oct

Rajasthan government has written to the Centre for waiving GST on Covid vaccines, but experts in the state said if tax was exempted, the vaccines will ...

Read more orange-arrow
Amit Mitra urges Sitharaman to call GST Council meet
13 Oct

West Bengal finance minister Amit Mitra has written to Union FM Nirmala Sitharaman to urgently convene a meeting of the GST Council and discuss the is ...

Read more orange-arrow
Solar Developers' plea for GST compensation dismissed by MERC
13 Oct

Citing an increase in costs as a result of a change in the rate of Goods and Services Tax (GST), Azure Power Thirty Four, a wholly-owned subsidiary of ...

Read more orange-arrow
HC refuses bail to the man accused of GST fraud
12 Oct

The Madras High Court refused to grant bail to Bajan Lal Bishnoi alias Rohan, who was held under the GST Act for selling details of GST registration p ...

Read more orange-arrow
Centre can cut GST rates on COVID-19 vaccines, critical supplies, say experts
12 Oct

An array of measures including reduction in GST rates, zero GST rate on critical raw materials, permitting GST-free imports as well as direct cash inc ...

Read more orange-arrow
FoIJ demands extension in filing of GST reimbursement, claims
11 Oct

Federation of Industries Jammu (FoIJ) has requested the Lieutenant Governor Manoj Sinha and Financial Commissioner Finance Department Arun Kumar Mehta ...

Read more orange-arrow
SFI approaches SC seeking GST waive off on Oxygen Concentrators for Personal use
11 Oct

The Students Federation of India (SFI) has knocked on the doors of the Apex Court seeking directions to provide Free COVID vaccination to all citizens ...

Read more orange-arrow
Now you can track refund application without logging into GST Portal
10 Oct

There is one way with which you can easily do it, just by logging in to the GST portal. But if you are looking for an alternative, there is another op ...

Read more orange-arrow
GST exemption on domestic supplies, commercial imports of Covid drugs to make them costlier: FM
10 Oct

Finance minister Nirmala Sitharaman on Sunday said GST exemption to domestic supplies and commercial import of Covid drugs, vaccines and oxygen concen ...

Read more orange-arrow
GSTN issues Module wise New Functionalities deployed on GST Portal for Taxpayers
08 Oct

The Goods and Services Tax Network (GSTN) has issued module-wise new functionalities deployed on the GST Portal for taxpayers. Various new functionali ...

Read more orange-arrow
Odisha records highest ever GST in April despite Covid induced slowdown
08 Oct

Despite the economic slowdown due to Covid-19 pandemic, Odisha recorded the highest ever GST collection of Rs.3,849.48 crore in April this year as aga ...

Read more orange-arrow
Centre to retain GST on oxygen concentrators
07 Oct

The Central government should review its resistance to exempting the Goods and Services Tax (GST) levied on oxygen concentrators imported for personal ...

Read more orange-arrow
Odisha seeks GST exemption on Covid-19 vaccines
07 Oct

Noting that states have been asked to purchase vaccines from their resources for inoculating people between the ages of 18 and 45, chief minister Nave ...

Read more orange-arrow
GST officials seize SUV; it’s pure dacoity, says Gujarat high court
07 Oct

The Gujarat high court on Thursday likened the Goods & Service Tax (GST) officials’ seizure of a Rajkot businessman’s private vehicle to dacoity.T ...

Read more orange-arrow
Delhi High Court urges Centre to drop GST on imports of oxygen concentrators
06 Oct

The Delhi High Court on Wednesday asked the Centre to drop the GST charged on imports of oxygen concentrators for personal use, just as it has done fo ...

Read more orange-arrow
Maharashtra’s GST collection hits record high of Rs 22k crore in April
06 Oct

Maharashtra collected a record Rs 22,012 crore worth of GST in April when the second wave of the pandemic escalated and the state went into lockdown-s ...

Read more orange-arrow
Punjab FM writes to Sitharaman, seeks immediate GST Council meeting
06 Oct

Congress leader and Punjab Finance Minister Manpreet Badal Wednesday demanded a GST Council meeting immediately for serious mid-term corrections on ta ...

Read more orange-arrow
GST Council meeting may be held this month as states seek rate cuts on essential medical items
05 Oct

The Centre may call a meeting of the Goods and Service Tax (GST) Council within the next few weeks, with the agenda likely to be tax rates on items th ...

Read more orange-arrow
Law Enforcement Body Recovers ₹ 74.86 Crore From Tobacco Manufacturer For GST Evasion
05 Oct

In a crackdown against large-scale tax evasion, the Directorate General of GST Intelligence (DGGI) has recovered ₹ 74.86 crore from a prominent tobacc ...

Read more orange-arrow
Enforcement agencies propose GST on human hair, industry opposes
04 Oct

Central enforcement agencies such as customs have now proposed GST to be imposed on raw and processed human hair to curb illegal market and smuggling ...

Read more orange-arrow
Delhi HC to hear PIL seeking GST exemption on machinery related to oxygen plants installation
04 Oct

A PIL was filed in the Delhi HC seeking exemption on equipment and machinery related to set up oxygen plant at least for the period of 6 months or til ...

Read more orange-arrow
Govt. relaxes several compliance timelines under GST amid COVID-19 crisis
03 Oct

In a relief for taxpayers amid the COVID-19 crisis, the central government has announced several relaxations regarding timelines for GST compliance no ...

Read more orange-arrow
GST on imported oxygen concentrators slashed
03 Oct

Oxygen concentrators received as gifts or ordered online from overseas would attract Goods and Services Tax (GST),  but the GST rate payable was ...

Read more orange-arrow
Advance Ruling can't be sought by recipient for taxability of outwards supplies of supplier: AAAR
01 Oct

The Appellate Authority for Advance Ruling observed that in terms of lease agreement entered into between appellant and Rail Land Development Authorit ...

Read more orange-arrow
April GST collections may go up to ₹1.2 lakh cr.
01 Oct

Goods and Services Tax (GST) collections are likely to remain robust at about ₹1.15 lakh crore to ₹1.2 lakh crore in April, despite the spate of lockd ...

Read more orange-arrow
SC to hear plea seeking GST exemption on COVID-19 related drugs, medical equipment
30 Oct

A plea has been filed in the Supreme Court seeking GST exemption for Remdesivir, Tocilizumab, Favipiravir and other COVID-19 related drugs with a simi ...

Read more orange-arrow
GST is not applicable on membership subscription fees of a club: AAR?
30 Oct

The applicant has sought the advance ruling on the issue whether the amount collected as membership subscription fees paid by the members towards faci ...

Read more orange-arrow
Central governments may waive GST on vaccines
29 Oct

The government may waive Goods and Services Tax (GST) on Covid-19 vaccines to reduce their cost—up to ₹1,200 a dose in private hospitals starting May ...

Read more orange-arrow
Tax authorities should take action against suppliers instead of genuine buyers for non- payment of GST: Madras HC
29 Oct

A recent Madras High Court ruling has come as a significant relief for genuine buyers under the Goods and Services Tax regime. ...

Read more orange-arrow
Govt. allows businesses to verify monthly GST returns through EVC till May 31
28 Oct

The government has allowed businesses to verify through electronic verification code monthly GST returns filed till May 31.In a notification, the Cent ...

Read more orange-arrow
GST: Another Amendment in ITC provisions on charts?
28 Oct

Till recently we were reading about cases where revenue authorities were issuing notices to recipients when they were unable to trace fraudulent suppl ...

Read more orange-arrow
Taxpayers can now check their last 5 Return on GST Portal
28 Oct

The Goods and Service Tax Networks (GSTN) has now enabled the new feature on the GST portal wherein the taxpayers can now check their returns for the ...

Read more orange-arrow
Madras HC directs GST Authorities to allow benefit of Refund Claim as Legitimate Export Incentives can’t be denied
27 Oct

The single judge bench of C.Saravanan held that the petitioner has also not been able to utilize the credit of duty under the provisions of GST which ...

Read more orange-arrow
Vaccinate all citizens for free, waive GST on Remdesivir: Owaisi
27 Oct

All India Majlis e-Ittehadul Muslimeen president and Hyderabad MP Asaduddin Owaisi demanded the Union government to provide vaccination free of cost t ...

Read more orange-arrow
Traders urge FM to defer GST, income tax compliances by three months
26 Oct

Traders’ body Confederation of All India Traders (CAIT) has urged the government to defer as many as 11 compliances under Goods and Services Tax (GST) ...

Read more orange-arrow
Kerala HC grants Anticipatory Bail to the person accused of non-payment of GST to tune of Rs 17.53 Cr
26 Oct

The Kerala High Court granted anticipatory bail to the person accused of non-payment of GST to the tune of Rs 17.53 Crores and non-filing of GSTR 3B r ...

Read more orange-arrow
GST revenue likely to come down
26 Oct

The second wave of Covid-19 pandemic and possible lockdown-like restrictions in different parts of the state are likely to dent the government’s GST e ...

Read more orange-arrow
Industry requests Finance Ministry for more handholding on filing GST, other taxes
24 Oct

Industry bodies have requested the Finance ministry to provide clarity, speed up applications and ultimately provide more handholding on a plethora of ...

Read more orange-arrow
Order of provisional attachment was ultra vires: Supreme Court
24 Oct

In the facts of the instant case, it was held that the order of provisional attachment did not indicate any basis for the formation of the opinion tha ...

Read more orange-arrow
No GST on Supply of Books from Warehouse in USA to customers in USA, UK, Canada without entering into India: AAR
23 Oct

The coram of Dr. Ravi Prasad and Mashood Ur Rehman Farooqui ruled that the supply of books from the warehouse located in the USA (non-taxable territor ...

Read more orange-arrow
CBIC issues Advisory on Implementation of PMT-03 to Re-Credit the ITC sanctioned as Refund
23 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has issued the advisory on the implementation of PMT-03 to re-credit the Input Tax Credit (ITC) ...

Read more orange-arrow
GST leviable on Reimbursement Amount, being Advance Payment made by Holding Company: AAAR
22 Oct

The appellant sought the advance ruling on the issue of whether GST is leviable on the reimbursement of expenses from the subsidiary company to its ul ...

Read more orange-arrow
Carbonated grape juice to face 28% GST, rules AAAR
22 Oct

In the matter of M/s K- Juice Grape marketed by Kalis Sparkling Water — will be subject to GST at 28%.As the AAAR held it to be a ‘Carbonated beverage ...

Read more orange-arrow
Taxman must not proceed to attach property in haste, says SC
21 Oct

The SC's ruling comes at a time when the government is showcasing the recent months' surge in GST collections as proof of effective anti-evasion steps ...

Read more orange-arrow
DA case: GST official Bollineni Srinivasa Gandhi held by CBI
21 Oct

The Central Bureau of Investigation (CBI) on Tuesday arrested tainted former GST Assistant Commissioner Bollineni Srinivasa Gandhi in a disproportiona ...

Read more orange-arrow
GST collection in Ngp Zone touches Rs 11,455.72 cr in FY 20-21
21 Oct

The Goods and Services Tax (GST) collection of Nagpur Zone were severely impacted due to lockdown and temporary closure of business activity by the Go ...

Read more orange-arrow
GST Officers To Be Soon Armed With Real-Time Data On Vehicles Moving Without E-Way
19 Oct

The government is working on a system to soon provide report to GST officers on a real-time basis for those vehicles which are moving without e-way bi ...

Read more orange-arrow
GST evasion by winning bidders: Railway purchases since July '17 face enquiry
19 Oct

The Directorate General of Goods and Services Tax (GST) Intelligence (DGGI) has initiated an investigation into tenders awarded by the Indian Railways ...

Read more orange-arrow
Hold urgent GST meet to cut tax on key medicines, equipment: States
19 Oct

As the country grapples with a stronger second Covid wave, states want the Centre to urgently convene a meeting of the Goods and Services Tax (GST) Co ...

Read more orange-arrow
Maharashtra CM asks for GST returns of March and April to be extended by 3 months
16 Oct

Saying that a mini lockdown is a necessity to mitigate the severe COVID-19 situation in Maharashtra, CM Uddhav Thackeray has written to Prime Minister ...

Read more orange-arrow
GST collections to drop 20% in May due to state lockdown-like curfews, say experts
16 Oct

Goods and service tax (GST) collections could see a dip of 10-20% in May as Maharashtra - the largest state contributor to GST - and Madhya Pradesh en ...

Read more orange-arrow
Failure to Produce Necessary Documents will lead to Cancellation of GST Registration for Supply of Goods: MP HC
15 Oct

The Madhya Pradesh High Court held that the failure to produce necessary documents will lead to cancellation of registration for supply of goods. The ...

Read more orange-arrow
18% GST on Parboiling Rice & Drying plant: AAR
15 Oct

The Karnataka Authority of Advance Ruling (AAR) ruled that 18% GST is applicable on Parboiling Rice and Drying plant. The applicant, M/s SKF Boilers a ...

Read more orange-arrow
No GST applicable on Rent received from Backward Classes Welfare Department: AAR
15 Oct

The Karnataka Authority of Advance Ruling (AAR) ruled that no GST is applicable on Rent received from Backward Classes Welfare Department. The applica ...

Read more orange-arrow
Decoding GST levied on gold purchases
14 Oct

In case you are buying physical gold, you also need to pay goods and services tax (GST).On gold jewellery, a GST of 3% is levied. The GST is charged o ...

Read more orange-arrow
Central govt's indirect tax collection up 12% in FY21
14 Oct

The Centre’s indirect tax collection rose by more than 12 per cent to Rs 10.71 trillion in 2020-21 (FY21) compared to Rs 9.54 trillion in the previous ...

Read more orange-arrow
GSTN added New features in GST Search Taxpayer tab at GST Portal
13 Oct

The Goods and Service Tax Network (GSTN) added new features in the GST Search Taxpayer tab at GST Portal. The two separate info namely Profile and Pla ...

Read more orange-arrow
Personal Hearing mandatory before Cancellation of GST Registration: Madras HC
13 Oct

The petitioner received notice in which certain defects have been pointed out. The defect includes sales omission and purchase omission also. It was a ...

Read more orange-arrow
GSTN enables the option to authenticate Aadhaar Card or upload e-KYC documents on GST Portal
13 Oct

Aadhaar authentication is a process by which the Aadhaar number along with other biometric details of the Aadhaar holder are submitted to the Central ...

Read more orange-arrow
No Inquiry under GST if Goods in Transit were accompanied with required Documents
12 Oct

The Rajasthan High Court held that the scope of enquiry ends if goods in transit are in conformity with the documents under the GST Act. The High Cour ...

Read more orange-arrow
Traders’ body demands extension in filing GST returns, relief from average power bill charges
12 Oct

The Federation of Trade Associations of Pune has approached the Goods and Services Tax council seeking an extension in filing of returns as their shop ...

Read more orange-arrow
Private firm proprietor granted bail in GST invoice fraud case
12 Oct

A Delhi Court on Saturday granted bail to a proprietor of a private company in connection with a case dealing with Central Goods and Services Tax (CGS ...

Read more orange-arrow
Centre Releases Rs 30,000 crore to states as GST Compensation for FY21
10 Oct

The Central Government has released GST Compensation of Rs. 30,000 crore to States as part compensation admissible for FY 2020-21 on 27th March, 2021. ...

Read more orange-arrow
Cut GST on COVID-19 medicines, devices: Chhattisgarh CM Bhupesh Baghel at PM meet
10 Oct

Chhattisgarh Chief Minister Bhupesh Baghel on Thursday urged the Centre to provide the required stock of COVID-19 vaccines for a week in advance and s ...

Read more orange-arrow
Purchasers Of Non-GST Goods Entitled To 'Form C' Under CST For Concessional Rate Even After GST Act : SC
10 Oct

The Supreme Court has upheld the views taken by various High Courts that the Goods and Services Tax Act does not affect the right of purchasers of goo ...

Read more orange-arrow
Lawyers Are Exempted From Paying GST/Service Tax, Don't Harass Them : Orissa HC
09 Oct

The Orissa High Court directed the Commissioner GST to issue clear instructions to all the officers in the GST Commission rates in the state not to is ...

Read more orange-arrow
GST: Firms challenge constitutional validity of arrest rules in top court
09 Oct

Companies have argued against the constitutional validity of arrest provisions under the goods and services tax (GST) laws in their present form in th ...

Read more orange-arrow
GST AAR: CSR expenses are business related and qualify for input tax credit
08 Oct

Corporate social responsibility expenditure is incurred by a company in order to comply with the requirements of the Companies Act, 2013. Thus, such e ...

Read more orange-arrow
SC says GST no longer citizen-friendly; calls provisional attachment 'draconian'
08 Oct

The Supreme Court on Tuesday slammed the manner in which the Goods and Services Tax was being enforced by tax authorities and observed that the taxman ...

Read more orange-arrow
GSTN Advisory on Auto-population of E-Invoice data in GSTR-1
07 Oct

The Goods and Services Tax Network ( GSTN ) has issued Advisory on Auto-population of E-Invoice details into GSTR-1. For the month of March, 2021, the ...

Read more orange-arrow
Delhi HC directs GST Authority to Refund GST on zero-rated Supplies with Interest
07 Oct

A detailed order was passed by the Court wherein the Court agreed with the submission of the petitioners, subject to respondent authority verifying as ...

Read more orange-arrow
GST on fuel: A price vs revenue trade-off
06 Oct

The rise in global crude prices after August 2020 has led to a rapid rise in fuel prices across the country, which has sparked a demand for including ...

Read more orange-arrow
12% GST on Service of Supply, Erection, Commissioning and Installation of a Plant
06 Oct

The applicant has sought the advance ruling on the issue whether the service of supply, erection, commissioning and installation of wastewater pretrea ...

Read more orange-arrow
Parking fees from staff to face GST, but at nil value
05 Oct

The UP bench of the Appellate Authority of Advance Rulings (AAAR) has held that the amount recovered from employees towards car parking charges, which ...

Read more orange-arrow
Centre allows further operational flexibility to GST filers
05 Oct

The government has allowed further flexibility to tax filers operating under the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme of ...

Read more orange-arrow
GST not on gift vouchers but on goods and services in gift vouchers
05 Oct

Clearing the air over taxability of gift cards or vouchers, the Tamil Nadu bench of the AAAR has ruled that GST would be levied on the underlying good ...

Read more orange-arrow
J&K posts 2.94% growth in GST collections in FY21
03 Oct

The gross GST revenue collections including settlement for the financial year 2020-21 in Jammu and Kashmir stood at Rs 4,890.35 crore as against Rs 4, ...

Read more orange-arrow
The Indian ITeS players to pay GST on services given to parent
03 Oct

The Indian arms of IT-enabled services (ITeS) companies have been asked to pay GST on the services they provide to their parent or other group entitie ...

Read more orange-arrow
Punjab’s kitty got Rs.30,713-crore GST boost in 2020-21
03 Oct

Punjab received a financial boost from the goods and services tax (GST) during the financial year 2020-21, thanks to the highest-ever compensation and ...

Read more orange-arrow
GST collections hit record high of Rs 1.24 lakh crore in March
02 Oct

GST collections rose 27% to hit a record high of nearly Rs 1.24 lakh crore in March, helping to narrow the deficit for the full financial year to arou ...

Read more orange-arrow
Sinking fund contributions collected from CHS members subject to face 18% GST
02 Oct

The Karnataka Authority for Advance Rulings (AAR) has held that contributions collected from members of a co-operative housing society towards a sinki ...

Read more orange-arrow
TN AAAR clears air over GST on gift vouchers, says taxable on redemption
02 Oct

The Tamil Nadu appellate authority for advance rulings (AAAR) has cleared the confusion over taxability of vouchers such as Amazon gift cards, Shopper ...

Read more orange-arrow
Rajasthan Govt. notifies E-Way Bill limit to be Rs.1 Lakh w.e.f. 1 April 2021
01 Oct

The Rajasthan Government notified the E-Way Bill limit to be Rs.1 Lakh with effect from 1 April, 2021. The government notified that where the movement ...

Read more orange-arrow
Gujarat Dy CM: Fuel under GST if Centre ensures VAT income of state remains untouched
01 Oct

Gujarat will agree to include petrol, diesel and natural gas under Goods and Services Tax (GST), only if the Government of India (GoI) evolves a mecha ...

Read more orange-arrow
6-digit HSN code mandatory in invoices for biz with over Rs 5 crore turnover
01 Oct

Businesses with turnover of more than Rs 5 crore will have to furnish six-digit HSN or tariff code on the invoices issued for supplies of taxable good ...

Read more orange-arrow
Govt says crypto gains taxable as income, GST applicable on services by crypto exchanges
30 Oct

Since income from whatever source derived is included in the Income Tax Act, 1961, and supply of any service, if not specifically exempted, is taxable ...

Read more orange-arrow
Form GST DRC 07 to be issued for Recovery of Interest, rules Gujarat HC
30 Oct

 The division bench of the Gujarat High Court held that Form GST DRC 07 shall be issued for recovery of interest under Sec.50 of the Central Good ...

Read more orange-arrow
Kerala HC stays DGGI order directing furnishing of Security in form of Bank Guarantee
30 Oct

The petitioner had challenged the attachment of his bank accounts pursuant to the powers conferred by Section 83 of the CGST Act. During pendency of t ...

Read more orange-arrow
Over Rs.5300 crores GST evasion detected from Delhi in 2020-21
27 Oct

Goods and Services Tax (GST) officials have unearthed a Delhi-based racket involving five companies and arrested one person as part of a drive against ...

Read more orange-arrow
Full committed amount of GST compensation released by Central Govt.
27 Oct

An important milestone went by recently largely unnoticed—the release of the 20th and final instalment of the estimated GST compensation shortfall of ...

Read more orange-arrow
Lending based on GST data improves MSMEs’ access to credit: Vayana Network
27 Oct

The smallest of MSMEs are being integrated into large SCF programmes run by the formal banking system, freeing them from the clutches of the high-cost ...

Read more orange-arrow
Telangana Labour Minister slams Centre over GST on beedi industry
27 Oct

Labour Minister Ch Malla Reddy on Friday accused the Central government of failing to waive GST on the beedi industry in the State. During the 17th, 1 ...

Read more orange-arrow
Govt improving GST evasion detection but recovery a problem: CAG report
26 Oct

A report tabled by India’s Comptroller and Auditor General (CAG) before Parliament on Wednesday admonished the government for being slow in implementi ...

Read more orange-arrow
Selling eatables eligible for ITC under GST regime
26 Oct

Selling sweets and eatables is one thing and providing facility to consume them within the shop is a different thing from the point of view of the Goo ...

Read more orange-arrow
Remove “distortions” in GST Act before bringing petrol, diesel under GST: Moily
26 Oct

Former Union Oil Minister and senior Congress leader M Veerappa Moily on Thursday said “distortions” in the GST Act will have to be removed before the ...

Read more orange-arrow
CBDT again defers GST Reporting in Tax Audit Report
26 Oct

The Central Board of Direct Taxes (CBDT) deferred the Tax Audit Clause 30C and 44  till 31st Mar 2022 due to COVID-19. The CBDT has extended the ...

Read more orange-arrow
Not possible to bring petrol, diesel under GST for next 8-10 years
25 Oct

BJP leader Sushil Kumar Modi on Wednesday said it is not possible to bring petrol and diesel under the GST regime for the next eight to 10 years as it ...

Read more orange-arrow
CAG for time bound roll out of simplified GST return forms
25 Oct

The Comptroller and Auditor General of India (CAG) on Wednesday made a case for setting up a definite time-frame for roll out of simplified GST return ...

Read more orange-arrow
CAG recommends end-to-end computerisation of GST adjudication process
25 Oct

The Comptroller and Auditor General (CAG) has recommended end-to-end computerisation of the show cause notices (SCN) and adjudication process for GST ...

Read more orange-arrow
FM Ready To Discuss Bringing Petrol, Diesel Under GST At Next Council Meet
24 Oct

Amid outcry over high taxes on motor fuel, Finance Minister Nirmala Sitharaman on Tuesday said she would be "glad" to discuss the suggestion of bringi ...

Read more orange-arrow
Gujarat HC modifies Condition to deposit remaining amount of ITC for grant of Bail
24 Oct

The main allegation against the applicant is that the four firms which are supplier’s firms of plastic scrap for both the firms of the applicant, are ...

Read more orange-arrow
Delhi HC seek GST Council’s decision on quashing provision relating to Composition of GST Appellate Tribunal
23 Oct

The petitioner, Bharatiya Vitta Salahkar Samiti referred to a judgment of the Madras High Court passed in the case of Revenue Bar Association vs. Unio ...

Read more orange-arrow
Delay in AAR Rulings adversely affects Investigation and the Interest of Revenue: Gujarat HC
23 Oct

The Gujarat High Court ruled that sometimes delay in Authority of Advance Ruling (AAR) may frustrate investigation and also hinder the interest of the ...

Read more orange-arrow
Finance Ministry clarifies no need to pay GST dues in cash for March
22 Oct

Finance Ministry has said that taxpayers are free to utilise Input Tax Credit available in their credit ledger as permissible by law to discharge thei ...

Read more orange-arrow
Notice Sent to Old Address despite availability of new address in Regn. certificate: Order quashed
22 Oct

The Court held that the petitioner did not receive any of the notices said to be sent by the respondent authority and therefore, they had no occasion ...

Read more orange-arrow
GST Authority not to take coercive measures and no invasion of privacy during Investigation: Delhi HC
22 Oct

The division bench of Justices Rajiv Shakdher and Talwant Singh directed the respondent authority to file their reply to the captioned application wit ...

Read more orange-arrow
GST officers ceorce taxpayers to pay in cash.
20 Oct

As the 20th March deadline for GST payments nears, GST authorities are pressurising taxpayers to pay their maximum tax liability in 'cash'.  In G ...

Read more orange-arrow
Gadkari urges FM to cut GST on passenger vehicles
20 Oct

Union Road Transport Minister Nitin Gadkari has urged Finance Minister Nirmala Sitharaman to reduce Goods and Service Tax (GST)  on passenger veh ...

Read more orange-arrow
States reluctant to bring petroleum products under GST purview: BJP leader
20 Oct

Senior BJP leader Avinash Rai Khanna on Friday said the Centre is ready to bring petroleum products under the Goods and Services Tax (GST)  purvi ...

Read more orange-arrow
Fake GST invoices racket busted, private company MD arrested by CGST Commissionerate
20 Oct

The Commissionerate of Central Goods and Services Tax (CGST), Pune II, has arrested a managing director (MD) of a private company in connection with a ...

Read more orange-arrow
Panel recommends structural changes to boost GST revenues
19 Oct

The government needs to make structural changes in the goods and services tax (GST) regime and step up compliance to boost revenues, given the need to ...

Read more orange-arrow
18% GST applicable on Odomos: AAAR
19 Oct

The Uttar Pradesh Appellate Authority of Advance Ruling (AAAR) while upholding the AAR’s ruling held that 18% GST is applicable on Odomos.The Coram&nb ...

Read more orange-arrow
No ITC can be claimed on 5% GST paid on License Fee to Indian Railway or IRCTC: AAAR
19 Oct

The Uttar Pradesh Appellate Authority of Advance Ruling (AAAR) while upholding the AAR’s ruling held that no Input Tax Credit (ITC) can be claimed on ...

Read more orange-arrow
GST slabs continue to cause classification disputes
19 Oct

The disputes between the business community and the GST department continues over the classification of different goods and services. And the reason i ...

Read more orange-arrow
Madras HC allows claiming input tax credit on TDS from VAT
18 Oct

The Madras High Court has allowed assessees to claim input tax credit for tax deducted at source (TDS) pending from the value-added tax (VAT) regime u ...

Read more orange-arrow
Patiala House Court refuses to grant Bail to person accused of wrongfully availing ITC
18 Oct

The department submitted that accused availed fraudulent ITC of Rs. 12,82,05,579 from various bogus firms and he accepted his fraud under section 70 o ...

Read more orange-arrow
International companies use GST gaps causing govt. revenue loss: PIL
18 Oct

The Supreme Court on Wednesday sought responses of the finance ministry, the GST Council and the CBIC on a PIL seeking a mechanism to levy GST on fo ...

Read more orange-arrow
No proposal for scrutiny of GST assessment in faceless model
17 Oct

There is no proposal of faceless scrutiny assessment of GST returns as the Goods and Services Tax rule already provide for electronic filing and asses ...

Read more orange-arrow
Tackle CNG vehicle cost, bring it under GST
17 Oct

India needs to bring CNG under the GST regime and tackle challenges such as high vehicle cost and limited boot space for the growth of the natural gas ...

Read more orange-arrow
Standing committee on finance pushes for increase in GST collections
17 Oct

The standing committee on finance sought that the government should initiate all possible structural and enforcement related measures to shore up good ...

Read more orange-arrow
GST e-invoices spell end to sales under-reporting
17 Oct

The practice among small businesses of issuing ‘kacha bills’ or informal sales invoices to under-report turnover is likely to become a thing of the pa ...

Read more orange-arrow
ITC to be availed based on details available in FORM GSTR-2B, clarifies CBIC
16 Oct

The Central Board of Indirect Taxes and Customs (CBIC), via its Twitter, handle clarified that Input Tax Credit ( ITC ) can be availed based on detail ...

Read more orange-arrow
States may face Rs 3 trillion GST compensation shortfall in FY22: Report
16 Oct

States may face a GST compensation shortfall of Rs 3 lakh crore in the next financial year, a situation that will force them to borrow more from the m ...

Read more orange-arrow
Rs 700-cr GST billing scam unearthed
15 Oct

The investigation wing of the Punjab State GST today arrested five persons for creating and operating a bogus billing network across various states, i ...

Read more orange-arrow
GSTN issues FAQs on Amendment in Registration of Core and Non-Core Fields
15 Oct

Once the applicant is registered under GST, the need for amendments in registration may arise due to several factors such as a change in address, chan ...

Read more orange-arrow
GST authorities ask field units to ramp up collections, identify defaulting taxpayers
13 Oct

Goods and service tax (GST) authorities have asked field units to identify top taxpayers, find the defaulters and push them to pay more tax. Officers ...

Read more orange-arrow
Parliament empowered to enact special laws like GST: HC
13 Oct

Four years after the Central Goods and Services Tax (CGST) Act was enacted, the Punjab and Haryana High Court today expressed prime facie view that Pa ...

Read more orange-arrow
Govt working on demand to bring jet fuel under GST: Aviation secretary
13 Oct

The civil aviation ministry is working on the airline industry's demand to bring Aviation Turbine Fuel (ATF) under the ambit of GST and has taken up t ...

Read more orange-arrow
Delhi minister ‘challenges’ Centre to bring fuel prices under GST ambit.
12 Oct

Delhi minister Satyendar Jain on Wednesday challenged the Bharatiya Janata Party (BJP)-led central government to bring petrol and diesel under the Goo ...

Read more orange-arrow
Gujarat HC directs GST Authority to allow petitioner to rectify entries in Form GSTR-3B
12 Oct

The Gujarat High Court has come down heavily on the GST Authority stating that the habit of raising technical issues by the Authority is leading to ‘u ...

Read more orange-arrow
GST intelligence uncovers Rs 43 crore ITC fraud in Gurugram
12 Oct

Gurugram Zonal Unit (GZU) of the Directorate General of GST Intelligence (DGGI) has arrested one Ravinder Kumar alias Ravinder Garg in connection with ...

Read more orange-arrow
Patiala House court grants conditional bail to person accused of wrongfully claiming ITC
11 Oct

The accused, Praveen Jian has moved the second bail application. The accused has been transferred from the court of SCJM, Rohtak and all firms involve ...

Read more orange-arrow
E-Way Bill not required if Value of Goods less than Rs.50,000: Kerala HC
11 Oct

The petitioner, M/s Best Sellers (Cochin) Pvt. Ltd. was aggrieved by detention notice issued to him in Form GST MOV-7. In the Writ Petition, it is the ...

Read more orange-arrow
If petrol and diesel are brought under GST, they’ll have to be taxed at more than 100%
10 Oct

For petrol and diesel to be brought under GST, the rates will have to very high, even higher than 100%. Only then will the governments be able to earn ...

Read more orange-arrow
New 'core activity' feature in filing GST to curb fake bills menace
10 Oct

The GST Network (GSTN) has enabled a new feature that requires the taxpayer to select one core business activity on the GST Portal. Tax experts believ ...

Read more orange-arrow
Govt releases Rs 2,104 crore as 19th installment of GST compensation shortfall to states
10 Oct

The Centre on Tuesday said it has released the 19th weekly installment of Rs 2,104 crore to states to compensate for shortfall in revenue on account o ...

Read more orange-arrow
Record GST collections expected in March, set to hit ₹1.30 lakh crore
09 Oct

The revenue in March may cross the record Rs.1,19,875 crore collected in January by at least Rs.10,000 crore.India’s Goods and Services Tax (GST) coll ...

Read more orange-arrow
GST e-invoice made mandatory for businesses with revenue over Rs 50 cr
09 Oct

The government had made e-invoices mandatory for businesses with annual revenue of over Rs 50 crore from April 1, 2021.The GST e-invoicing system was ...

Read more orange-arrow
GSTN enables the ‘Reset’ option in GSTR 1/IFF on the GST portal
09 Oct

The GSTN clarified that taxpayers may use the ‘Reset’ button to delete all the saved data for all the return periods, irrespective of the filing prefe ...

Read more orange-arrow
GST Field offices asked to exercise maximum caution, prudence in property attachment
08 Oct

The CBIC has directed its field offices to exercise utmost prudence and maximum caution in attachment of property of a taxpayer and said that such a r ...

Read more orange-arrow
Industry wants GST rate cut on branded snacks, commonly used food items
08 Oct

With all eyes set on the next GST Council meet, expected to take place later this month, the clamour for reducing GST on branded packaged snacks and c ...

Read more orange-arrow
New Feature to Select Core Business Activity enabled on GST Portal
08 Oct

Today, if you open GST Portal you will see a new pop-up wherein you will have to identify your core business as either manufacturer or trader or servi ...

Read more orange-arrow
FM: GST Council will decide on oil-in-GST
06 Oct

The Centre is seen to earn an extra Rs 1.87 lakh crore in FY21 from the Rs 13-16/litre additional cess and surcharges imposed on auto fuels in March/M ...

Read more orange-arrow
Tax Dept unearths Essel group's alleged Rs 392 cr input credit fraud
06 Oct

The Delhi Central Goods and Services Tax commissionerate has unearthed a massive network of fictitious firms created allegedly by two former Essel gro ...

Read more orange-arrow
If brought under GST, petrol price can come down to Rs 75, diesel to Rs 68 per litre
05 Oct

The soaring rates of petrol and diesel have led to calls from several quarters for reduction in excise duty so that commuters can get some much-needed ...

Read more orange-arrow
Supreme Court rejects plea requesting extension of GST amnesty scheme
05 Oct

The Supreme Court on Thursday declined to issue directives on extending the Goods and Services Tax (GST) amnesty scheme, saying it was “a policy decis ...

Read more orange-arrow
GST Council to fix inverted duty anomaly soon
05 Oct

The Goods and Services Tax (GST) Council, the apex federal body on indirect taxation, will consider removing anomalies in the duty structure in severa ...

Read more orange-arrow
LTC benefit on life insurance: Confusion prevails over GST rate
04 Oct

The Ministry of Finance, while giving further clarification in respect of Special Cash Package equivalent in lieu of Leave Travel Concession (LTC)&nbs ...

Read more orange-arrow
PIL filed before Allahabad HC seeking establishment of State Bench of GST Tribunal in Lucknow
04 Oct

The Allahabad High Court will hear this week a petition filed by the Awadh Bar Association seeking the establishment of the State Bench of the Goods a ...

Read more orange-arrow
CGST Delhi East arrests man for ITC fraud of Rs 38.91 cr
03 Oct

In the ongoing drive to counter the menace of fake billing operators, information from analytics tool NETRA (Network Exploration Tool for Revenue Augm ...

Read more orange-arrow
GST collection in Gujarat increased 14% to Rs 8,221 crore in February 2021
03 Oct

Gujarat is the only manufacturing state which registered a growth above 10%. Other manufacturing states where GST collection increased include Tamil N ...

Read more orange-arrow
Abolition of GST annual audit requirement could save up to ₹ 30,000 crore annually
02 Oct

The government’s decision to do away with the mandatory Goods and Services Tax (GST) annual audit requirement by professionals such as chartered accou ...

Read more orange-arrow
GST revenue hits ₹1 Lakh-crore for 5th month
02 Oct

The February collection is 7.3% higher than ₹1,05,361 crore collected in the same month last year, the last month before businesses took a hit on acco ...

Read more orange-arrow
Inclusion of fuel under GST could prove beneficial
02 Oct

The incessant fuel hike that has led to petrol and diesel prices crossing ₹100 per litre mark in Rajasthan and Madhya Pradesh is expected to impact th ...

Read more orange-arrow
Rajasthan Budget 2021: Rajasthan Govt. proposes 5% VAT on Petroleum Crude
01 Oct

The State Government being of the opinion that it is expedient in the public interest, inserted Petroleum Crude in the Schedule VI appended to the Raj ...

Read more orange-arrow
Govt extends last date for annual GST filing till March-end for FY 20
01 Oct

The government has extended the deadline for filing annual goods and service tax (GST) return and reconciliation statements for FY20 till March-end, f ...

Read more orange-arrow
Interest on net GST liability with retrospective effect to get legal backing
27 Oct

The Finance Ministry has cleared the air on interest on net tax liability with retrospective effect by proposing amendment in the GST law.The Finance ...

Read more orange-arrow
Housing societies, clubs rush to rework GST dues over retro amendment
27 Oct

Several clubs and large cooperative housing societies (CHS) that relied on the ‘principle of mutuality’ and did not levy and collect the goods and ser ...

Read more orange-arrow
Hospitals may have to pay GST on food to inpatients
26 Oct

Tax authorities are auditing the country’s largest private hospitals to ascertain whether they should pay goods and services tax on food provided to a ...

Read more orange-arrow
Centre cannot charge GST on power services: Rajasthan HC
26 Oct

The Rajasthan High Court (HC) has quashed a clarification issued by the Union government that had allowed the authorities to impose goods and services ...

Read more orange-arrow
GST collection in February expected to top ₹1 lakh crore
25 Oct

Early indicators such as number of e-way bills generated in the first three weeks of February suggest that GST collections in February will be in exce ...

Read more orange-arrow
Govt may address GST anomaly on domestic shipping firms amid SCI strategic sale
25 Oct

In what could be seen as a step to incentivise the domestic shipping liners to participate in the strategic sale of the Shipping Corporation of India ...

Read more orange-arrow
Bharat Bandh on 26 February 2021:Traders to Protest Against GST, Fuel Price Hike and E-Way Bill
25 Oct

Nearly 40, 000 trade associations, representing eight crore traders of the country, has extended support to the Bharat bandh call by Confederation of ...

Read more orange-arrow
Large resident welfare associations may have to pay GST retrospectively
24 Oct

Large resident welfare associations (RWAs) may have to face GST liability retrospectively subject to certain conditions. One particular provision rela ...

Read more orange-arrow
Gujarat High Court reprieve for exporters on GST exemptions
24 Oct

Many exporters, who had been issued notices by the Directorate of Revenue Intelligence (DRI) for availing GST exemptions where exports preceded import ...

Read more orange-arrow
No tax slab, rate changes; GST Council may take up inverted duty structure
23 Oct

The Goods and Services Tax (GST) Council is unlikely to take up rationalisation of tax slabs or tax rates in its next meeting, scheduled to be held in ...

Read more orange-arrow
FM says bringing petrol, diesel under GST regime could help in lowering fuel prices
23 Oct

Amid an outcry over record high Petrol and diesel prices, Union Finance Minister Nirmala Sitharaman on Saturday said the Centre and state governments ...

Read more orange-arrow
Simplify GST, trader body tells PM
22 Oct


The Confederation of All India Traders (CAIT) has written a letter to Prime Minister Narendra Modi seeking his intervention on the issue of Goods ...

Read more orange-arrow
GST Council Should Consider Rationalisation, Bring Petrol Under GST: FM
22 Oct

The Union Budget sets India in right direction where the government only facilitates businesses with minimum regulation, Union Finance Minister Nirmal ...

Read more orange-arrow
BSE oil & gas index at new 52-wk high; Modi commits to bring gas under GST
20 Oct

Oil and gas stocks were in focus on Friday after Prime Minister Narendra Modi said that the government is committed to bring natural gas Goods and Ser ...

Read more orange-arrow
Interest on net GST liability with retrospective effect to get legal backing
20 Oct

The Finance Ministry has cleared the air on interest on net tax liability with retrospective effect by proposing amendment in the GST law.The Finance ...

Read more orange-arrow
CBIC to charge Rs.1000 for Handling of mismatch between Shipping Bill and GST returns
20 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified Rs.1000 as a fees for Handling of mismatch between Shipping Bill and GST returns in Cu ...

Read more orange-arrow
Partner of fireworks group held for Rs 22.5 crore GST and duty evasion
19 Oct

The managing partner of a major fireworks manufacturing group of companies in Sivakasi was arrested for evasion of goods and services tax (GST) and ex ...

Read more orange-arrow
No escape for those filing fake GST invoices as Budget 2021 empowers authority to attach assets
19 Oct

The Finance Minister, Nirmala Sitaraman while presenting the Budget 2021-22 urged the provisional attachment of the assets of the individual who has h ...

Read more orange-arrow
Govt committed to bring natural gas under GST regime, says PM Modi
18 Oct

The government is working towards raising the share of natural gas in the energy basket to 15 per cent from the current 6.3 per cent and is committed ...

Read more orange-arrow
Govt tightens GST registration and cancellation rules
18 Oct

Notification 94/2020 has put in place strict conditions, where non-compliance would result in the cancellation of GST registration. Taxpayers applying ...

Read more orange-arrow
GSTN enables a feature to furnish LUT for FY 2021-2022
18 Oct

The Goods and Services Tax Network (GSTN) has enabled the functionality to furnish Letter of Undertaking (LUT) for Financial Year 2021-2022 on the GST ...

Read more orange-arrow
NIC issues list of GSTINs on whom E-Invoicing is Mandatory
17 Oct

The National Informatics Centre (NIC) has issued a list of GSTINs dated January 27, 2021, for whom e-invoicing shall be mandatory. There are 73308 GST ...

Read more orange-arrow
Bitcoin trade may attract I-T, GST; taxes to be paid in this fiscal year
17 Oct

Ahead of the cryptocurrency Bill, the government is likely to levy both income-tax (I-T) and goods and services tax (GST) on gains and trading of bitc ...

Read more orange-arrow
Traders force govt to negotiating table on GST simplification
16 Oct

Taking a lesson from farmers, traders have garnered enough numbers to force the government to the negotiating table to simplify Goods and Services Tax ...

Read more orange-arrow
Delhi HC stays payment against Starbucks only if principal Profiteered amount is paid.
16 Oct

The appellant, Starbucks has been fined Rs 1.04 crore by the National Anti-Profiteering Authority (NAA) for not passing on good and services tax cut b ...

Read more orange-arrow
Govt to consider bringing down GST on pesticides to 5% from 18%
15 Oct

As part of efforts to bring parity in taxation on agro-inputs, the Department of Chemical and Petrochemicals has approached the Finance Ministry for r ...

Read more orange-arrow
Delhi HC grants anticipatory bail to person alleged of creating bogus export firms & fraudulently availed ITC
15 Oct

The petitioner, Lupita Saluja sought anticipatory bail in relation to the enquiry/investigation being conducted by the respondent under Central Goods ...

Read more orange-arrow
Best judgment assessment awaits GST return non-filers
13 Oct

Thousands of GST non-filers, or those who did not file returns, have received an auto-generated letter from the authorities, asking them to file their ...

Read more orange-arrow
GST Council may consider to reducing four tax slabs to three, says FM
13 Oct

In an interview , the finance minister said that the GST council would examine the recommendations of reducing four tax slabs to three.This has been a ...

Read more orange-arrow
CBIC issues SOP for implementation of provision of suspension of registrations under CGST Rules, 2017
13 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified the Standard Operating Procedure (SOP) for implementation of the provision of suspensi ...

Read more orange-arrow
GST frauds: ICAI initiates disciplinary action against 25 CAs
12 Oct

Chartered accountants'' apex body ICAI has initiated disciplinary action against 25 of its members for their alleged involvement in frauds related to ...

Read more orange-arrow
Once again taxpayers can file Table 6A of Form GSTR-1 separately: GSTN
12 Oct

The Goods and Services Tax Network (GSTN) has reintroduced the option to file Table 6A of Form GSTR-1 separately. The Table 6A of GSTR-1 needs export ...

Read more orange-arrow
GSTN informs only 50% Taxpayers have filed their GSTR-9 & 9C, reveals RTI
12 Oct

The Goods and Service Tax Network (GSTN) while giving a reply to the RTI application said that only 50% of Taxpayers have filed their GSTR-9 and 9C....

Read more orange-arrow
Removing GST audit will be retrograde step, ICAI tells govt.
11 Oct

The CA Institute has knocked the doors of the Prime Minister’s Office and the Finance Minister seeking a withdrawal of the Budget proposal to do away ...

Read more orange-arrow
GST exemption on annuity plan purchase under National Pension System
11 Oct

National Pension System (NPS) is one of the lowest cost pension schemes globally and it can be concluded that investing in NPS not only helps to reduc ...

Read more orange-arrow
E-Way Bill is mandatory for each Invoice lower than ₹ 50k but in aggregate it exceeds ₹ 50k, says Kerala HC
11 Oct

The Court was dealing with two appeals from the same consignor, Bon Cargos Private ltd. who is a Goods Transport Agency. In the first appeal goods det ...

Read more orange-arrow
Budget impact - A steep fiscal correction and a strategy for GST
10 Oct

The finance minister, in the Budget speech, had promised that the new DFI would be professionally managed. This was interpreted by most observers to i ...

Read more orange-arrow
GST evasion of over Rs 500 crore by 46 Delhi-based firms unearthed
10 Oct

The Central Goods and Services Tax department has unearthed a racket which was involved in GST evasion of over Rs 500 crore through 46 shell companies ...

Read more orange-arrow
GST: Final Order to be passed is in FORM GST ASMT -13 instead of GST DRC-07, rules Kerala HC
10 Oct

The petitioner, Hash Constructions challenged the appellate order passed by the Joint Commissioner (Appeals) under the Central Goods and Services Tax ...

Read more orange-arrow
Failed Land Transactions May Attract GST
09 Oct

A recent decision under the tax regime for goods and services may increase the tax liability on failed land transactions.
The two-person office of ...

Read more orange-arrow
Traders Body CAIT Calls for Bharat Bandh against GST taxation system
09 Oct

Calling goods and services tax (GST) as one of the most complex taxation system which has resulted into miseries of the traders, the Confederation of ...

Read more orange-arrow
₹427-crore bogus GST billing racket busted in Ludhiana
08 Oct

The central GST commissionerate, Ludhiana, has busted a nexus of 32 bogus firms that fraudulently claimed ₹65 crore as input tax credit (ITC) via fake ...

Read more orange-arrow
GST can be levied on Notional Interest on Security Deposit: AAR
08 Oct

The coram ruled that the applicant can not deduct the property taxes and other statutory levies for the purpose of arriving at the value of rental inc ...

Read more orange-arrow
Gujarat HC pulled up GST officials for pressure tactics to achieve tax targets
06 Oct

The Gujarat high court on Friday pulled up the GST officials for their alleged pressure tactics to achieve tax collection targets and made a sarcastic ...

Read more orange-arrow
GST fraud: CA collecting Rs 12.67 Cr. GST but not depositing with govt.
06 Oct

GST officers have arrested a chartered accountant on charges of collecting Rs 12.67 crore GST but not depositing it with the government, the finance m ...

Read more orange-arrow
CGST Delhi arrests Director of SPNN business services for GST Evasion
06 Oct

Central Goods and Service Tax Delhi South Commissionerate, on the basis of intelligence information, has arrested Mr. Prateek Jha, the director of M/s ...

Read more orange-arrow
No bail for CEO held in Rs 45cr GST fraud
05 Oct

An Ahmedabad resident accused of GST fraud to the tune of Rs 45 crore was denied bail by the sessions court on Tuesday.
Mitesh Shah, who lives in S ...

Read more orange-arrow
SBI to charge Rs 20 + GST for failed ATM transaction due to insufficient fund
05 Oct

India's largest lender State Bank of India (SBI) to charge customers for failed ATM transactions due to insufficient balance. A transaction that is un ...

Read more orange-arrow
GSTN issues Advisory on Payment of Tax by Fixed Sum Method under QRMP Scheme
05 Oct

W.e.f. 1st January, 2021, following two options are available to the Taxpayers who are under Quarterly Returns and Monthly Payment of Tax (QRMP) Schem ...

Read more orange-arrow
Exporters worried over losing tax flexibility after IGST revision
05 Oct

Exporters are concerned about the proposed amendments in the integrated goods and services tax (IGST) in the Finance Bill that have taken away the fle ...

Read more orange-arrow
CBIC clarifies GST Audit Applicable for FY 2019-20
04 Oct

The Central Board of Indirect Tax and Customs (CBIC) clarified the Goods and Service Tax (GST) Audit will be applicable for Financial Year 2019-20.&nb ...

Read more orange-arrow
Tax professionals suggests govt. not to delete the provisions of GST audit
04 Oct

The Tax Professionals Body Bhartiya Vitta Salahakar Samiti (BVSS) in the press release suggest the government not to delete the provisions of “GST Aud ...

Read more orange-arrow
States' GST revenue shortfall to be lower due to better collections in last months: Finance Secy
04 Oct

"In this year, even though we have shown some improvement in the last few months, but for 14 per cent y-o-y GST revenue growth there will be a compens ...

Read more orange-arrow
No plans for reducing tax on all hotel rooms to 12 per cent
03 Oct

The tourism ministry has no plans to approach the GST Council for reducing the goods and services tax on all hotel rooms to 12 per cent, Union Tourism ...

Read more orange-arrow
Budget 2021: Key Changes In GST To Help Small And Medium-Sized Businesses
03 Oct

Finance Minister Nirmala Sitharaman, in Budget 2021, announced multiple changes to the goods and services tax framework aimed at helping small and med ...

Read more orange-arrow
CBIC notifies rate of Agriculture Infrastructure and Development Cess for specified Goods.
03 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified the effective rate of Agriculture Infrastructure and Development Cess for specified go ...

Read more orange-arrow
Budget 2021: Filing of GSTR- 9C discontinued
02 Oct

The Union Finance Minister Nirmala Sitharaman while presenting the Budget 2021 today before the Parliament, proposed to omit the requirement of furnis ...

Read more orange-arrow
GST Fake Invoices of more than Rs.2 cr. shall attract provisional attachment of assets
02 Oct

The Finance Minister Nirmala Sitharaman in the Budget Speech 2021-22 proposed the Provisional Attachment of Assets of those who are involved in the GS ...

Read more orange-arrow
Rajasthan seeks GST compensation extension till 2027
01 Oct

Rajasthan has sought extension of the Goods and Services Tax (GST) compensation payable to the States by five more years, from June 2022 to June 2027, ...

Read more orange-arrow
GST fraud of Rs 940 cr busted, 340 bogus firms being investigated
01 Oct

With the arrest of six persons, including the kingpin, Delhi Police's Cyber Crime Unit (CyPAD) has busted a Goods and Services Tax (GST) refund scam i ...

Read more orange-arrow
Rationalise GST rates on parts used in manufacturing of medical equipment
01 Oct

The medical devices market in India, be it for parts or final products, attracts multiple rates. Uniformity in these rates will go a long way in bring ...

Read more orange-arrow
GST collections touched a new high of Rs 1.2 lakh crore in January
01 Oct

Goods and services tax (GST) collections touched a new high of nearly Rs 1.2 lakh crore in January, indicating a sharp recovery post lockdown and bett ...

Read more orange-arrow
Consumers pay Rs 25,000 Cr for ineligibility for ITC on coal by thermal power producers
01 Oct

Petrol and diesel are not the only sources of energy for which consumers are paying through their nose because of high taxes and different tax regimes ...

Read more orange-arrow
IT Hardware Companies urge Center to allocate Rs 20k Cr
01 Oct

IT hardware makers urge the government to allocate Rs 20,000 crore under the production-linked incentive scheme, to boost manufacturing of personal co ...

Read more orange-arrow
Trade and Tax Professionals Protesting Against Lethargic GST, MCA Systems; Demand Tax Reforms etc.
30 Oct

Trade and tax professionals, such as chartered accountants (CAs) and company secretaries (CS) on Friday resorted to protests against frequent changes ...

Read more orange-arrow
January expected to see record GST collection
30 Oct

After clocking record collections in December 2020 at Rs 1.15 lakh crore, the January 2021 GST collection is expected to be in the range of Rs 1.21-1. ...

Read more orange-arrow
Real estate sector wants Stamp duty and registration charges to be merged in GST
29 Oct

Coronavirus pandemic has severely affected real estate sector. The demand for real estate properties has been subdued for several months in 2020. The ...

Read more orange-arrow
Fake GST invoice fraud: ICAI initiates disciplinary proceedings on 8 arrested CAs
29 Oct

The CA Institute has initiated disciplinary proceedings against the eight chartered accountants who have been arrested in the nationwide drive against ...

Read more orange-arrow
Andhra Pradesh: Special drive helps mop up GST collection
29 Oct

In spite of the pandemic, Andhra Pradesh stood first in GST collection among the southern states for April to December, 2020. The state is in fact the ...

Read more orange-arrow
Tax Consultant arrested for GST Fraud of about Rs. 274 Cr
29 Oct

The GST and Central Excise Department, Chennai Outer has arrested one person who is a Tax-Consultant, aged about 32 years, from Pernambut, Vellore Dis ...

Read more orange-arrow
Gujarat HC notice to Centre, GST Council for constitutional validity of Rule 86B of CGST Rules
28 Oct

A bench of Gujarat High Court comprising Justices J B Pardiwala and I J Vora has issued notices to the Central government, the GST Council and the Att ...

Read more orange-arrow
Sanitiser makers move court over ‘typing error’ in GST regulations
28 Oct

Companies that were importing a key raw material used in manufacturing sanitisers and disinfectants have dragged the government to court following ina ...

Read more orange-arrow
Budget 2021: Gems, jewellery industry seeks cut in import duty, GST
28 Oct

The gem and jewellery industry has a lot expectation from the Modi government in the upcoming Union Budget 2021-22. The industry wants the Centre to r ...

Read more orange-arrow
28% GST on Metal Nuts as it is a part of Motor Vehicle
27 Oct

The Maharashtra AAAR while quashing the AAR’s ruling held that 28% GST on metal nuts as it is a part of motor vehicles.The applicant sought an advance ...

Read more orange-arrow
Maharashtra’s Confusing Move
27 Oct

A recent trade circular by the Maharashtra tax department has left taxpayers worried. The state has revoked the status of adoption of regulations issu ...

Read more orange-arrow
PIL seeks extension for filing GSTR-9 and GSTR-9C
25 Oct

A PIL has been filed before the Gujarat High Court seeking directions to GST Council, the Union government and the Central Board of Indirect Taxes for ...

Read more orange-arrow
GST applies to flat buyer’s maintenance deposit - Gujarat AAR
25 Oct

The Gujarat bench of the Authority for Advance Rulings (AAR) recently held that goods and services tax (GST) will be applicable to one-time maintenanc ...

Read more orange-arrow
GST: Gujarat HC directs release of amount of ITC available in the credit Ledger Account
25 Oct

The Gujarat High Court directed the release of the amount of input tax credit (ITC) available in the credit ledger account. The writ applicant, Nipun ...

Read more orange-arrow
Budget 2021: Balance between GST rationalisation and boosting economic growth
23 Oct

Post implementation of GST, the GST Council has reduced GST rates umpteen number of times for various goods and services while simultaneously attempti ...

Read more orange-arrow
West Bengal FM urges Nirmala Sitharaman for remaining GST compensation
23 Oct

Amit Mitra, the finance minister of West Bengal and the former head of the Empowered Committee of the state finance ministers on GST rollout, has urge ...

Read more orange-arrow
No GST on electricity charges recovered from tenants.
22 Oct

In a significant ruling the Gujarat Authority for Advance Ruling for Goods and Services Tax (GST) has said a landlord does not have to pay GST on elec ...

Read more orange-arrow
Health Insurance: GST rate cut in Budget 2021 can act as a booster dose
22 Oct

Indian Union Budget 2021-22: Given the gravity of this whole Covid-19 pandemic situation, there has been an increased awareness of the importance of h ...

Read more orange-arrow
GST portal experiences technical glitch, raises worries of taxpayers
22 Oct

Technical glitch on GST portal for the fifth day in a row has left taxpayers worried amid fast approaching due dates for return filing, claimed tax ex ...

Read more orange-arrow
Tripura HC disallows rectification of Tax Invoice as not covered under Sec.161 of CGST Act,2017
21 Oct

The Tripura High Court disallowed the rectification of tax invoices as not covered under Section 161 of the CGST Act, and Limitation Act is not applic ...

Read more orange-arrow
Jharkhand HC directs GST Authority to open GSTN portal for enabling Refund in GST RFD-01 or accept manually
21 Oct

The Jharkhand High Court directed the GST Authority either to open a GSTN portal enabling the application for refund in GST RFD-01 or to manually acce ...

Read more orange-arrow
Exporters drag DRI to various high courts over GST exemption notices
20 Oct

Exporters have dragged the Revenue Intelligence (DRI), India’s primary anti-smuggling intelligence agency to various courts following notices over all ...

Read more orange-arrow
Indian Staffing Federation seeks lower GST from 18% to 5%
20 Oct

The Indian Staffing Federation has asked the government to lower goods and services tax on staffing companies from the current 18% to 5% besides seeki ...

Read more orange-arrow
Gujarat HC tells GST dept. must apply their mind properly before taking action like attaching accounts
19 Oct

Court censures practice of provisionally attaching bank accounts of firms before full probe into suspected irregularities or tax evasion Hearing a cas ...

Read more orange-arrow
Gujarat High Court admits Petition challenging GST Rule restricts ITC to Buyers on the basis of Outward Supplies furnished by Supplier.
19 Oct

The Gujarat High Court issued the notices on plea challenging 5% Provisional Input Tax Credit (ITC) reflected in FORM GSTR-2B as per the 36(4) of GST ...

Read more orange-arrow
No GST under RCM payable on receipt of services if it is not imported: AAR
18 Oct

The Orissa Authority of Advance Ruling (AAR) ruled that GST under Reverse Charge Mechanism is not payable on receipt of services if it is not imported ...

Read more orange-arrow
18% GST on construction of Director’s Bungalow and Staff Quarters for IIT Bhubaneswar: AAR
18 Oct

The Orissa Authority of Advance Ruling (AAR) ruled that 18% GST on the construction of Director’s Bungalow and Staff Quarters for IIT, Bhubaneswar.&nb ...

Read more orange-arrow
Tripura High Court reduces Penalty amount to Rs. 10,000 for E-Way Bill Expiry.
18 Oct

The Tripura High Court deleted the penalty equal to tax amount for E-way Bill Expiry and imposed Rs. 10000 penalty. The petitioner, M/s Sri Gopikrishn ...

Read more orange-arrow
Partial recovery of canteen charges from employees is taxable under GST: Gujarat AAR
16 Oct

The assessee was carrying out canteen facilities through third party canteen services at its factory and providing food to its employees on subsidized ...

Read more orange-arrow
Notice-pay received from outgoing employee is subject to GST, holds AAR
16 Oct

Contracts with employees provide for furnishing a notice period, which typically ranges between one to three months.Many companies permit an employee ...

Read more orange-arrow
CGST Delhi arrests Chartered Accountant for fraudulently passing on fake ITC of Rs 14.30 cr.
16 Oct

The Central Goods and Services Tax ( CGST ) Delhi has arrested the Chartered Accountant for fraudulently passing on a fake Input Tax Credit ( ITC ) of ...

Read more orange-arrow
18% GST on manufacturing and supply of ‘Fried Fryums’: AAR
15 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that 18% GST on manufacturing and supply of ‘Fried Fryums’.The applicant, M/s. Shree Swaminarayan ...

Read more orange-arrow
18% GST on “Supply, Testing and Commissioning of 160 TR Chilled Water Plant”
15 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that 18% GST is applicable on “Supply, Testing and Commissioning of 160 TR Chilled Water Plant”. T ...

Read more orange-arrow
GST applicable on Pathology or Diagnostic Services Supply to Client who is a Researcher
15 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that GST applicable on pathology or diagnostic services supply to the client who is a researcher. ...

Read more orange-arrow
Pre-GST era arrears: Punjab launches one-time settlement scheme for traders.
13 Oct

The Punjab One Time Settlement Scheme for Recovery of Outstanding Dues-2021 will be implemented from February 1 and the state exchequer would bear a f ...

Read more orange-arrow
Coca-Cola unit facing scrutiny for alleged evasion of GST.
13 Oct

Hindustan Coca-Cola Beverages Pvt Ltd gets show-cause notice for allegedly not paying taxes on the promotional and marketing amount it received from p ...

Read more orange-arrow
18% GST on Commission from Japan in FC on Selling of M/C: AAR
13 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that 18% GST on commission income from Japan in foreign currency on the Selling of machinery.  ...

Read more orange-arrow
Uber and Ola face investigation over alleged GST evasion
12 Oct

A investigation has been initiated against cab aggregators Uber and Ola by the Director General of Goods and Services Tax Intelligence (DGGI), which h ...

Read more orange-arrow
Centre releases 11th installment of Rs 6000 crore to states.
12 Oct

The Centre has released the 11th instalment of Rs 6,000 crore to states as a back-to-back loan to meet the compensation shortfall in collection of goo ...

Read more orange-arrow
GST payable on Common Maintenance Fund collected from Members: AAR
12 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that GST payable on the common maintenance fund/ deposit collected from the members. 
The ...

Read more orange-arrow
GST authorities arrest 215 persons in fake invoice cases, recover over Rs 700 crore in 2 months
11 Oct

The Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates have recovered more than Rs 700 crore and arrested 215 persons in the ...

Read more orange-arrow
18% GST applicable on Supply of Labour Services: Gujarat AAR
11 Oct

The Authority of Advance Ruling (AAR), Gujarat Bench held that 18% Goods and Service Tax (GST) applicable on supply of labour services.The applicant, ...

Read more orange-arrow
5% GST applicable on Narrow Woven Fabrics of Polyester Yarn: Gujarat AAR
11 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that 5% GST applicable on Narrow Woven Fabrics of Polyester Yarn. The Applicant, M/s Rajivkumar Gi ...

Read more orange-arrow
Quarterly Return Monthly Payment scheme helps small taxpayers to ease of doing business
09 Oct

The taxpayers who opted for the QRMP scheme can avail the option of the IFF and furnish their details of outward supply  on monthly basis for the ...

Read more orange-arrow
Senior govt sources says Swiggy, Instakart evaded GST
09 Oct

The tax department has alleged that online food delivery giant Swiggy and Walmart backed Flipkart’s logistics arm Instakart relied on fake manpower su ...

Read more orange-arrow
Govt taking steps against fake GST registration
08 Oct

The government, acting upon the recommendations of the GST Council, issued Notification No. 94/2020 – Central Tax, which notifies the Central Goods an ...

Read more orange-arrow
Madras HC issues notice to Center and state authorities on GST exemption for Incorporated members' clubs
08 Oct

The Madras High Court has decided to hear a petition seeking exemption for members' club in an incorporated form, from levy/ payment of GST under the ...

Read more orange-arrow
Invoice Furnishing Facility functionality now available on GST Portal
08 Oct

The Goods and Service Tax Network (GSTN) has made available the new Invoice Furnishing Facility (IFF) functionality on the Goods and Service Tax (GST) ...

Read more orange-arrow
Due date for filing GST Returns for period of Oct. to Dec. is January 13, clarifies govt
06 Oct

The due date for quarterly filing of Goods and Services Tax Returns for the third quarter of 2020 (the period between October and December) is January ...

Read more orange-arrow
Two dozen companies have come under the scanner of tax officials for tax evasion
06 Oct

About two dozen Mumbai-based companies and businesses have come under the scanner of tax officials for possible violations of provisions related to go ...

Read more orange-arrow
No Service Tax on sizing operation activity as sized coal is an excisable product: CESTAT
06 Oct

The Customs, Excises, and Service Taxes Appellate Tribunal (CESTAT), Kolkata Bench held that no Service Tax is applicable on sizing operation activity ...

Read more orange-arrow
Online booking charges on movie tickets not subjected to Entertainment Tax: Madras HC
06 Oct

The Madras High Court while granting the relief to AGS Cinemas, reiterated that the Online booking charges on tickets not subjected to Entertainment T ...

Read more orange-arrow
Center may bring natural gas under GST: Officials said
05 Oct

The Union government, which is planning a major policy push to raise the share of natural gas in India’s energy mix from the current level of 6.2% to ...

Read more orange-arrow
GST tax credit investigation: I-T conducts surveys at Zee and L&T offices
05 Oct

The Income Tax (I-T) Department Monday conducted surveys at the offices of Zee Entertainment Enterprises Ltd and Larsen & Toubro (L&T) Ltd as ...

Read more orange-arrow
CGST Delhi Commissionerate arrests one for tax evasion of Rs 832 crs.
05 Oct

The Central GST Delhi West Commissionerate has unearthed evasion of GST by way of manufacture and clandestine supply of gutkha/pan masala/tobacco prod ...

Read more orange-arrow
Govt action against 7,000 GST evaders, 185 arrested
04 Oct

Armed with data analytics and information from agencies, the government has launched a massive crackdown on GST evaders, initiating action against 7,0 ...

Read more orange-arrow
GST collection highest in December because of economic activity revival: Finance secretary
04 Oct

Goods and Services Tax (GST) collection in December was the highest since the launch of the indirect tax regime on July 1, 2017, indicating that the e ...

Read more orange-arrow
Delhi Govt. notifies Rate of interest for Late Filing Form GSTR-3B
04 Oct

The Delhi Government notified the rate of interest for Late Form GSTR 3B filing. The Government amended the Notification No.13/2017–State Tax, dated t ...

Read more orange-arrow
More than 37000 GST taxpayers generated more than 1680 Lakhs IRNs within 3 Months
04 Oct

GST e-invoice system, the game-changer in the GST system, has completed a journey of three months and has facilitated the smooth transition of the tax ...

Read more orange-arrow
GST collections at all-time high of over Rs 1.15L crore in December
02 Oct

The gross Goods and Services Tax collections touched a record high of over Rs 1.15 lakh crore in December — the highest since the implementation of th ...

Read more orange-arrow
Exporters complain of delay in GST refunds despite govt timeframe
02 Oct

Even as the government has come out with a timeframe to process and give tax refunds under the indirect tax framework, many exporters complain of cont ...

Read more orange-arrow
GSTN issues Advisory on Auto-population of E-Invoice details into GSTR-1/2A/2B/4A/6A
01 Oct

The Goods and Services Tax Network ( GSTN ) has issued the advisory on Auto-population of E-Invoice details into GSTR-1/2A/2B/4A/6A. Certain notified ...

Read more orange-arrow
CBI arrests Three Superintendents of GST & Central Excise in an alleged Bribery Case of Rs.10 lakh
01 Oct

The Central Bureau of Investigation has arrested three Superintendents of GST & Central Excise, Bhubaneswar, and a private person(Accounts Officer ...

Read more orange-arrow
Deadline For Filing Annual GST Return Extended
31 Oct

In view of providing relief amid the COVID-19 crisis, the government has extended the due date for furnishing annual GST or goods and services tax ret ...

Read more orange-arrow
Regional soft drinks cos set to shift to 40% GST SLAB
31 Oct

Facing heat from GST officials for evading taxes on the pretext of adding fruit juice or pulp to their carbonated beverages, local soft drink companie ...

Read more orange-arrow
CA files PIL in Gujarat HC seeking extension of GST Annual Returns due dates
30 Oct

The Gujarat High Court to hear a Public Interest Litigation (PIL) filed by the Chartered Accountant (CA) for the extension of due dates for filing For ...

Read more orange-arrow
CBIC notifies Corrigendum for New Form GST REG-31
30 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified the Corrigendum for New Form GST REG-31 notified for ‘Intimation for suspension & ...

Read more orange-arrow
Central Economic Intelligence Bureau proposed imposing 18% GST on bitcoin trade
29 Oct

The government is weighing a proposal to impose 18% goods and services tax (GST) on bitcoin transactions, estimated to be around Rs 40,000 crore annua ...

Read more orange-arrow
Traders urge Finance Minister, GST council to modify new GST Rules
29 Oct

Trading community on Sunday urged Union Finance Minister Nirmala Sitharaman and Goods and Goods and Services Tax (GST) Council to withdraw certain pro ...

Read more orange-arrow
Paying 1% GST in cash will no impact on small businesses, source in the Finance Ministry said
28 Oct

The new rule requiring businesses to pay at least 1 per cent of their GST liability in cash will not impact small businesses and dealers as only entit ...

Read more orange-arrow
GST Appellate bench holds that AAR rightly rejected an application as investigation was ongoing
28 Oct

Tirumala Milk Products, a Bangalore-based company that sold flavoured milk in Karnataka failed to convince the Appellate bench of the GST Authority fo ...

Read more orange-arrow
Reversel of Accumulated Credit by on-going Real Estate Projects challenged before Calcutta HC
28 Oct

The Calcutta High Court presided over the requirement to reverse accumulated credit by on-going real estate projects opting for a concessional rate of ...

Read more orange-arrow
AAR: ITC can be claimed for distributable promotional items
28 Oct

The issue of GST on promotional expenses and claiming of input tax credit has always been contentious in the realm of goods and services tax (GST).Rec ...

Read more orange-arrow
Confederation of All India Traders urges FM to defer rollout of Rule 86B in GST
26 Oct

Traders’ body the  (CAIT) on Friday urged Finance Minister Nirmala Sitharaman to defer the implementation of Rule 86B in GST, whereby businesses ...

Read more orange-arrow
New GST rules likely to slow down businesses in Karnataka
26 Oct

The Centre's CGST (14th Amendment) Rules, 2020, notified on Wednesday, have raised concerns with many industrialists fearing that they will further sl ...

Read more orange-arrow
GST on lottery: SC’s recent judgement is a setback for the industry
26 Oct

After much hue and cry from the lottery industry recently a single rate of 28% has been introduced by the exchequer on all kinds of lotteries on speci ...

Read more orange-arrow
Jaipur: Businessman arrested for not paying Rs 5.5 crore GST
26 Oct

The Central Goods and Service Tax (CGST) Commissionerate’s anti-evasion team in Jaipur has arrested one businessman for not depositing Rs 5.5 crore GS ...

Read more orange-arrow
Businesses with monthly turnover of over Rs 50 lakh to pay at least 1% GST liability in cash
24 Oct

Businesses with monthly turnover of over Rs 50 lakh will have to mandatorily pay at least 1% of their Goods and Services Tax liability in cash, the Fi ...

Read more orange-arrow
In-person verification now compulsory for GST registration
24 Oct

GST registrations will now have in-person verification before registration is granted to any applicant. The government has notified on Tuesday the rec ...

Read more orange-arrow
Accumulated ITC on IT system problem for schools, colleges that conduct online classes
24 Oct

Schools and colleges that conducted online classes due to Covid pandemic now have a problem under Goods and Services Tax (GST) framework.For many educ ...

Read more orange-arrow
GST Exemption on supply of goods for specified projects under FAO
23 Oct

The Delhi Government notified the Goods and Service Tax (GST) Exemption on supply of goods for specified projects under the Food and Agricultural Orga ...

Read more orange-arrow
CBIC waive late fee on FORM GSTR-4 for FY 2019-20 for Ladakh
23 Oct

The Central Board of Indirect Taxes and Customs (CBIC) waived the late fee on delay in furnishing of FORM GSTR-4 for Financial Year 2019-20 for the re ...

Read more orange-arrow
CBIC notifies new Rule restricting the use of ITC for discharging the Tax liability
23 Oct

The notification notified the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020, which seeks to amend the Central Goods and Services T ...

Read more orange-arrow
Centre releases 8th installment of Rs.6,000 crore to meet GST compensation shortfall
22 Oct

The Centre released the eighth installment of Rs.6,000 crore to states as back to back loan to meet the goods and service tax (GST) compensation short ...

Read more orange-arrow
Bombay HC to hear plea challenging Arrest provisions under section 132 (1) of CGST Act
22 Oct

The petition stated that Section 132 (1) of the Central GST Act provides that specified offenses involving tax evasion in excess of Rs.5 crore will be ...

Read more orange-arrow
Gujarat HC quashes order cancelling GST Registration against Heugo Metal
22 Oct

The two-member bench of Justice J.B.Pardiwala and Justice Ilesh J. Vora noted that having dropped the proceedings once, what prompted the authority to ...

Read more orange-arrow
Supply of games online attracts 18% GST: AAR Maharashtra
22 Oct

The GST Authority for Advance Rulings (AAR - Maharashtra bench) has held that supply of online games — sent by an email attachment or via a secure lin ...

Read more orange-arrow
CBIC directs to Ignore message on liability for Inward Supplies attracting RCM
21 Oct

In a Statement issued by GSTN said that, the system has started providing auto-populated GSTR-3B on the basis of GSTR-1 & GSTR-2B from the tax per ...

Read more orange-arrow
Rajasthan HC allows petitioner to apply to GST Council to get CENVAT Credit benefit
21 Oct

The division bench of Justice Prakash Gupta and Justice Sabina in the light of the judgement in the case of Obelisk Composite Technology LLP Vs. Union ...

Read more orange-arrow
GST return filing system being simplified w.e.f. 1st Jan 2021 for small tax payers
21 Oct

From 1 January 2021, many rules are going to change, that includes implementation of Positive Pay system to curb cheque frauds, mandatory FASTags for ...

Read more orange-arrow
Importers challenge notices seeking duty on EOU imports
21 Oct

Several importers are going to court to challenge notices issued to them by the Directorate of Revenue Intelligence seeking customs duty payments on g ...

Read more orange-arrow
GST reforms a must to help real estate sector sustain growth momentum
19 Oct

The sale of a ready property is outside the purview of GST and an under-construction property is taxed at 1 percent (for affordable housing) and 5 per ...

Read more orange-arrow
Here’s what helped smooth implementation of GST e-invoicing system
19 Oct

Businesses got ample time for understanding the e-invoicing process and doing proper planning for adopting the new system. E-invoicing got off to a gr ...

Read more orange-arrow
Odisha: Rourkela businessman held for Rs 40 crore GST fraud
19 Oct

The directorate general of GST intelligence (DGGI) here on Thursday arrested a businessman from Rourkela for allegedly creating fake firms and evading ...

Read more orange-arrow
CA Bodies urge extension of deadline to 31 March 2021 for Filing various Returns and Audit
18 Oct

Several bodies representing chartered accountants (CAs) from across the country have requested finance minister Nirmala Sitharaman to extend the deadl ...

Read more orange-arrow
Supreme Court stays Delhi HC's order on Bharti Airtel's claim of Rs 923 crore GST refund
18 Oct

The Supreme Court on Thursday stayed the Delhi High Court order, allowing Bharti Airtel Ltd to claim Rs 923 crore in tax refunds by rectifying its goo ...

Read more orange-arrow
Transporters found undervaluing goods to evade GST
17 Oct

In its drive against goods and services tax (GST) evasion, the intelligence arm of GST administration has found that certain transporters have been co ...

Read more orange-arrow
GST revenues take a beating as Council tweaks rates far too often
17 Oct

According to the government's own admission, Rs 1.10 trillion out of the expected Rs 2.35 trillion shortfall in compensation to the states for impleme ...

Read more orange-arrow
CBIC extends Due date of GST compliance till 31 March, 2021
16 Oct

The Central Board of Indirect Taxes and Customs (CBIC) extended the Due Date of GST compliance till 31 March, 2021 during the period from the 20 March ...

Read more orange-arrow
Tax Professionals Seek Extension Of Income Tax, GST Compliance Deadlines
16 Oct

Tax professionals have urged the government to extend various deadlines under the Income Tax Act for assessment year 2020-21 and for filing annual rec ...

Read more orange-arrow
Panel suggests GST cut, liberal lending for auto
16 Oct

A parliamentary panel has called for a reduction in GST on automobiles to 18% to spur demand and help the industry overcome the higher cost due to BS6 ...

Read more orange-arrow
Centre releases 7th instalment of GST of Rs 6000 crores to states
15 Oct

The Ministry of Finance on Monday released the seventh weekly instalment of Rs 6,000 crore to the states to meet the Goods and Services Tax (GST) comp ...

Read more orange-arrow
Govt. cancels GST Registration of 163k Business entities for Non-Filing of Tax Returns
15 Oct

The Government has canceled the Goods and Service Tax (GST) registration of 163,000 business entities who have not filed monthly tax returns (GSTR-3B) ...

Read more orange-arrow
Retrospective amendment in GST law for time frame more of a direction: Delhi HC
15 Oct

The tax department’s amendment around transition credit under the Goods and Services Tax (GST) framework was more of a direction, the Delhi High Court ...

Read more orange-arrow
GST taxpayers to get flexibility to decide on monthly tax payment
14 Oct

Come January 1 and GST taxpayers would be able to pay their tax dues on a self assessment basis without having to go through the cumbersome process of ...

Read more orange-arrow
Consultations before show-cause notices to be pursued by GST officers
14 Oct

The Tax Department will actively conduct consultation prior to issuance of show-cause notices to evaders and assessees of GST so as to facilitate easi ...

Read more orange-arrow
Cloudtail India's GST registration suspended after tax officials find mismatch in records
14 Oct

The Excise and Taxation Department of Haryana government has said that the agency earlier this week had to suspend the goods and service tax (GST) reg ...

Read more orange-arrow
31-year-old Arrested for GST Fraud of Rs 33 Crore, 2 Accomplices Still at Large
07 Oct

North Chennai Central Goods and Services Tax (GST) Commissionerate on Friday arrested a 31-year-old for committing a Rs 33 crore tax fraud by issuing ...

Read more orange-arrow
CA arrested for Rs 7.5 crore GST fraud in Visakhapatnam
07 Oct

The Directorate General of GST Intelligence (DGGI), Visakhapatnam Zonal unit has busted a major input tax credit (ITC) racket being operated by a 28-y ...

Read more orange-arrow
Jharkhand MGNREGA labourer briefly arrested for not paying Rs 3.5 crore as GST
05 Oct

A labourer, who earned Rs 198 a day for works he did under the Mahatma Gandhi Employment Guarantee Act (MGNREGA), in Ghatshila subdivision near Jamshe ...

Read more orange-arrow
Withholding the refund of GST in works contract due to change in tax regime not justified
05 Oct

The petitioner has challenged the action of GST authorities  in not reimbursing the differential tax amount arising out of change in tax regime f ...

Read more orange-arrow
SC upholds levy of GST on lotteries, betting and gambling
04 Oct

In a significant verdict, the Supreme Court on 03.12.20 held that the levy of Goods and Services Tax (GST) on lotteries, betting and gambling does not ...

Read more orange-arrow
Chhattisgarh opts for special window for GST compensation; now only Jharkhand left
04 Oct

Chief Minister Bhupesh Baghel-led Chhattisgarh government has become the latest state to opt for the special window created by the Centre to compensat ...

Read more orange-arrow
CBIC mandates 8 digit HSN for certain goods under GST
03 Oct

The Central board of Indirect Taxes and Customs (CBIC) notified that 8 digit HSN is mandatory for certain goods. The CBIC amended the notification of ...

Read more orange-arrow
High GST on aircraft components forcing Pratt & Whitney to go abroad for maintenance
03 Oct

High GST on aircraft components forcing Pratt & Whitney to go abroad for maintenanceHigh GST rate on aircraft engine components has been forcing P ...

Read more orange-arrow
GST framework is impacting engineering companies’ exports: Engineering Export Promotion Council
03 Oct

 The current regulations under Goods and Services Tax (GST) framework and how that’s interpreted is causing several problems for some of the engi ...

Read more orange-arrow
GST collection in Nov crosses Rs 1 lakh crore mark second time
02 Oct

Gross GST revenue collection in November stood at nearly Rs 1.05 lakh crore.The revenues for the month of November 2020 were 1.4 per cent higher than ...

Read more orange-arrow
GSTN enables opting quarterly filing of GST returns under QRMP Scheme
02 Oct

The Goods and Service Tax Network (GSTN) has enabled the option for opting for quarterly filing of GST returns under the quarterly return with the mon ...

Read more orange-arrow
Government puts off penalty provision for not using QR codes on GST invoices
01 Oct

The lack of preparedness from the banks has forced the government to waive off proposed penalty for not implementing dynamic QR code on invoices issue ...

Read more orange-arrow
GST notice sent through email is unacceptable: HC
01 Oct

Giving response to an order of a writ petition, the Indore bench of Madhya Pradesh High Court has said that the Goods and Service Tax (GST) notice sen ...

Read more orange-arrow
Man arrested for Rs 100 crore fake GST invoice fraud
01 Oct

A “seasoned fraudster” who created Rs 100 crore worth fake invoices for business deals over the past three years has been arrested by the Directorate ...

Read more orange-arrow
Government issues guidelines for officers to carry out GST checks
01 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has unveiled standard operating procedures (SOPs) to be followed by tax officials carrying out ...

Read more orange-arrow
CBIC notifies SOP for Verification of Taxpayers granted Deemed Registration
30 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified the Standard Operating Procedure (SOP) for verification of taxpayers granted deemed re ...

Read more orange-arrow
Economic rationale overrides differences within GST Council
30 Oct

Economic rationale overrides differences within GST CouncilThe deep divisions within the goods and services tax (GST) Council over bridging the shortf ...

Read more orange-arrow
Over 5.4 lakh businesses risk losing GST registration for defaults
30 Oct

About 25,000 businesses who missed filing Goods and Services Tax (GST) return in November will get text messages and emails from tax authorities urgin ...

Read more orange-arrow
NAA asks P&G to pay Rs 241 crore penalty for not passing GST rate cut
28 Oct

The National Anti-profiteering Authority (NAA) has imposed a penalty of Rs241 crore on three subsidiaries of the Procter & Gamble (P&G) group ...

Read more orange-arrow
Rajasthan HC grants Bail for availing wrongful ITC on furnishing bail bond
28 Oct

The Rajasthan High Court granted the bail to a person accused of wrongfully availing ITC on furnishing a bail bond of Rs. 1 Lakh. The petitioner, Subh ...

Read more orange-arrow
CBIC issues clarification on holding of Pre-Show Cause Notice Consultation
25 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified the clarifications on holding of Pre-Show Cause Notice Consultation. The Board has rec ...

Read more orange-arrow
GST on sale of flats only if entire consideration is received after CC: AAR
25 Oct

The Karnataka Authority of Advance Ruling (AAR) ruled that the amounts received towards sale of shares in flats not exigible to GST only if the entire ...

Read more orange-arrow
GST backbone reforms need to remain non-intrusive
24 Oct

The goods and services tax (GST) architecture today faces two challenges. One is the trust deficit between the Centre and states which can delay the i ...

Read more orange-arrow
Madras HC directs Deptt. to grant retrospective registration to the petitioner
24 Oct

The Madras High Court directed the  Joint Commissioner & Assistant Commissioner to grant retrospective registration for the petitioner’s Regi ...

Read more orange-arrow
GST deptt. arrests businessman for Rs 2,285 crore fraud
24 Oct

he Maharashtra Department of Goods and Services Tax has arrested a Mumbai-based businessman for allegedly defrauding the state by issuing fake invoice ...

Read more orange-arrow
GST registration may be linked to biometrics
23 Oct

The law committee of the GST Council has suggested that new or fresh GST applicants follow an Aadhaar-like process under which new registrations can b ...

Read more orange-arrow
Govt may approach ICAI for action against 3 CAs over GST frauds
23 Oct

The Directorate General of GST Intelligence (DGGI) is likely to ask the Institute of Chartered Accountants of India (ICAI) to take action against thre ...

Read more orange-arrow
A woman mastermind arrested in the latest drive against GST fraud
21 Oct

The directorate general of GST intelligence (DGGI) for the first time arrested a Chennai-based woman mastermind, running the racket of fake invoices t ...

Read more orange-arrow
GST notices for past voluntary tax payments annoy assessees
21 Oct

As the government steps up its offensive against fake invoice rackets, it has started asking taxpayers to explain various aspects of voluntary tax pay ...

Read more orange-arrow
Maharashtra AAAR confirms that housing society services would attract GST
21 Oct

The Maharashtra Appellate Authority for Advance Ruling (AAAR) for GST has reiterated that services provided by housing societies would attract GST sub ...

Read more orange-arrow
Monthly GST filing will not be necessary after e-invoice system
20 Oct

In a major relief to businesses, the government plans to do away with monthly filing of Goods and Services Tax (GST) returns after the electronic invo ...

Read more orange-arrow
Patiala House Court refuses to grant bail for passing ITC without payment of GST
20 Oct

It is alleged that the companies owned and controlled by accused Rakesh Kumar Goyal have availed most of the amount of ITC from companies owned or con ...

Read more orange-arrow
Free transport to work provided by employer to employees is subject to GST
20 Oct

The Haryana Authority of Advance Ruling (AAR) has said that free transport provided by an employer to ferry employees to work is subject to goods and ...

Read more orange-arrow
Fresh crackdown on GST fraud, 5 more arrests take total to 30 this month
19 Oct

he government’s nationwide drive against fake Goods and Services Tax (GST) invoices on its fifth day saw five more arrests, raising the total tally of ...

Read more orange-arrow
Inter-state GST invoice racket busted in Maharashtra
19 Oct

An inter-state tax invoice racket with fake transactions of over Rs 131 crore and fraudulent input tax credit of over Rs 26 crore was busted by the Na ...

Read more orange-arrow
SC Asks Petitioner Challenging Levy Of GST On Hand Sanitizers Under Same Tariff Heading As Insecticides To Approach HC
19 Oct

SC required the petitioner who challenged the levy of GST on hand sanitizers under the same Tariff Heading as insecticides, etc. to approach the HC. T ...

Read more orange-arrow
Restrain on movement of goods from Dec for not filing GST returns on time
18 Oct

Businesses, both small and big, will not be able to move goods from one place to another if they have not filed GST returns on time from December. The ...

Read more orange-arrow
Supply of Service to BCCL is Import of Service, GST applicable on RCM
18 Oct

The West Bengal Appellate Authority of Advance Ruling (AAAR) ruled that the supply of service to Bharat coking coal Ltd. (BCCL) in terms of a Maintena ...

Read more orange-arrow
Honest taxpayers need not worry about display of GST details: Govt
17 Oct

The government on November 16 said honest taxpayers need not worry about the display of their Goods and Services Tax (GST) details in the new self-gen ...

Read more orange-arrow
GST law committee to discuss GST amendments against fake invoices
17 Oct

After launching a nationwide drive against fake Goods and Services Tax (GST) invoices that saw 25 attests in just four days, the government is conside ...

Read more orange-arrow
Council to discuss tightening of GST registration norms
17 Oct

A panel of officials attached to the Goods and Services Tax (GST) Council will on November 18 discuss further tightening of the way GST registration i ...

Read more orange-arrow
CBIC mandates GST E-invoicing from January 1, 2021, If turnover exceeds Rs. 100 Crores
12 Oct

The Central Board of Indirect Taxes and Customs (CBIC) mandated GST E-invoicing from  January 1, 2021 if turnover exceeds Rs. 100 Crores. Th ...

Read more orange-arrow
For Budget 2021-22, Government receives recommendation for uniform 5% GST on manmade fibre
12 Oct

The government has received recommendations that a uniform Goods and Services Tax (GST) of 5 percent should be applicable at every stage of the value ...

Read more orange-arrow
CBIC notifies manner of opting for furnishing GST Quarterly Return
12 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020 which seeks to a ...

Read more orange-arrow
Quarterly GSTRs present new obstacles for MSMEs
11 Oct

Quarterly goods and services tax (GST) return filing for small businesses is turning out to be a double-edged sword. A key relaxation in compliance fo ...

Read more orange-arrow
CGST Delhi South Commissionerate busts syndicate of firms involved in availing Fake ITC
11 Oct

On the basis of review of high amount of out go on account of ITC refund, followed it up with data mining/analysis on GSTN and E way bill portals, the ...

Read more orange-arrow
GST applicable on One Time Long Term Lease premium payable to an Urban Development Authority: AAR
11 Oct

The Gujarat Authority of Advance ruling (AAR) ruled that Goods and Service Tax (GST) is applicable on one time long term lease premium payable by Jinm ...

Read more orange-arrow
PIL alleges evasion of GST by cable and internet services
10 Oct

A division bench of Telangana High Court issued notices to the Central government, Telecom Regulatory Authority of India (TRAI), and various cable tel ...

Read more orange-arrow
GST officers must not resort to violence during search: Telangana HC
10 Oct

The Telangana High Court has asked Goods & Services Tax officials not to use violence against tax assessees or their relatives and employees durin ...

Read more orange-arrow
GST portal enabled to handle 3 lakh taxpayers concurrently
09 Oct

The Goods and Services Tax Network (GSTN) portal will now be able to handle double the taxpayer traffic for return filing than it used to after the GS ...

Read more orange-arrow
GST authorities will soon be able to stop transactions by suspicious firms
09 Oct

The government’s efforts to check evasion of Goods and Service Tax (GST) and step up the indirect tax system’s efficiency is set to reach the next lev ...

Read more orange-arrow
Supreme Court reserves order on GST on sale of lotteries
09 Oct

The Supreme Court has reserved its judgment on the constitutional validity of imposing Goods and Services Tax (GST) on sale of lotteries across the co ...

Read more orange-arrow
Centre should issue white paper on impact of GST and Covid on economy: Gehlot
09 Oct

Rajasthan Chief Minister Ashok Gehlot on Sunday demanded that the Centre should come up with a white paper to inform people about the impact of demone ...

Read more orange-arrow
Consensus on including liquefied natural gas under GST soon
07 Oct

There is likely to be a consensus on including liquefied natural gas (LNG) under the ambit of the Goods and Services Tax (GST) soon, Petroleum Ministe ...

Read more orange-arrow
Amount of fraud in GST needs cautious approach
07 Oct

The CGST department needs to take a cautious approach because of the amount of fraud happening in claiming input tax credit (ITC) by business entities ...

Read more orange-arrow
Buyers from big firms to show valid e-invoices for tax credit
07 Oct

Aiming to collect almost the same sum as taxes as last year, the revenue department is tightening compliance requirements related to e-invoicing. The ...

Read more orange-arrow
GSTN issues Taxpayers guide on GST Errors and Solution
07 Oct

The Goods and Service Tax Network (GSTN) issued a comprehensive guide dated November 05, 2020, for taxpayers on common errors on GST Portal and sugges ...

Read more orange-arrow
GST collection and power consumption show recovery: Ex-RBI chief C Rangarajan
06 Oct

Former governor of the Reserve Bank of India (RBI) C Rangarajan on Thursday said the decline in the growth of the economy triggered by COVID-19 was li ...

Read more orange-arrow
Banks, Insurance companies are getting GST notices from small towns
06 Oct

Banks and insurance companies already seeking to cope with the effects of Covid pandemic face a new challenge, Goods and Service Tax (GST) notices fro ...

Read more orange-arrow
Companies get GST audit notices from various States
05 Oct

Multinational companies have started getting notices from State GST Authorities, even as the Centre is talking about lowering compliance burden. These ...

Read more orange-arrow
GST rate cut sends wrong signal to domestic business: Finance secretary
05 Oct

Finance secretary, Ajay Bhushan Pandey said to ANI that GST rate cut sends a wrong signal to domestic business/industries as well as international inv ...

Read more orange-arrow
Finance Ministry receives recommendation to reduce GST compensation cess on coal
05 Oct

The Finance Ministry has started receiving pre-Budget recommendations from stakeholders and experts and one of them is to reduce carbon taxation and d ...

Read more orange-arrow
Borrowing amount for GST compensation should be reasonable: Finance secretary
04 Oct

The Finance secretary has said that the quantum of borrowing to meet states’ GST revenue shortfall has to be “reasonable” considering its economic imp ...

Read more orange-arrow
Puducherry joins govt’s borrowing plan for GST
04 Oct

Puducherry is the latest addition in the list of 21 states and two Union territories (UTs) to accept the Centre’s proposal to borrow Rs 1.1 lakh crore ...

Read more orange-arrow
Madras HC quashes levy of interest on ITC component
04 Oct

What could be seen as a significant relief to GST assessees, Madras High Court has set aside orders for levying interest on input tax credit (ITC) as ...

Read more orange-arrow
Surge in GST collection indicate sustained recovery in economy
03 Oct

The recovery in goods and services tax (GST) receipts is sustainable, and the government is evaluating demands from various quarters for further steps ...

Read more orange-arrow
Govt transfers second tranche of ₹6,000 cr to 16 states, 3 UTs
03 Oct

The Centre on November 2 released an amount of Rs 6,000 crore as a second tranche to states as their GST compensation cess shortfall under a special b ...

Read more orange-arrow
GST e-invoices rose by three times within a month of launch
03 Oct

The e-invoicing system under the goods and services tax (GST) has witnessed a three-fold rise within a month of its rollout, as per a report. About 2. ...

Read more orange-arrow
100 notices issued in suspected cases of tax evasion of more than Rs. 55 crore in Chandigarh
02 Oct

With the economic activity picking up after relaxation of Covid-19 restrictions, the Chandigarh goods and services tax (GST) department has also resta ...

Read more orange-arrow
October GST collections in Goa matches pre covid levels
02 Oct

Goods and Services Tax (GST) collections for October improved significantly in Goa, coming on par with the October 2019 figure, data released by the C ...

Read more orange-arrow
GST monthly collection crosses Rs 1 lakh crore first time in FY21
02 Oct

Goods and Services Tax (GST) collections in October 2020 were Rs 1.05 lakh crore, making it the first time monthly revenues crossed the Rs 1 lakh cror ...

Read more orange-arrow
Apple passes on 2 per cent equalisation levy to Indian consumers
31 Oct

The equalisation levy has started making things costlier for Indian consumers. Apple is passing on the 2% equalisation levy, aside from 18% goods and ...

Read more orange-arrow
October GST collections may cross Rs 1 lakh crore mark
31 Oct

In what could be a healthy sign of economic recovery, goods and services tax (GST) collections recorded in the month of October are likely to cross Rs ...

Read more orange-arrow
Jump in cost of imported raw materials due to Covid lead to GST complications
30 Oct

Many companies that reported an increase in their indirect tax outgo due to a steep jump in their import costs after the Covid pandemic fear that when ...

Read more orange-arrow
GST officials raid fake input tax credit racket in Delhi
30 Oct

The anti evasion branch of Central Goods and Service Tax (CGST), Commissionerate, Delhi (East) busted a major racket of claiming input tax credit (ITC ...

Read more orange-arrow
GST officers can arrest evaders without completion of assessment: Gujarat HC
30 Oct

The Gujarat High Court in a recent order has armed GST Commissioners with the power to authorise arrest of a person if he has reasons to believe that ...

Read more orange-arrow
Bringing natural gas under GST regime would reduce cascading impact of taxes on industries
29 Oct

Global energy majors are bullish on the growth of natural gas usage in India and have called on the government to bring natural gas under the GST regi ...

Read more orange-arrow
GST filing increases troubles to MSMEs amid pandemic
29 Oct

Filing GST returns continues to be a tedious and tiresome process, especially for micro, small and medium enterprises (MSMEs) who are already plagued ...

Read more orange-arrow
Plea to exempt disability equipments from GST, may represent before GST Council
29 Oct

The writ petition was filed in the Supreme Court challenging the imposition of Goods and Services Tax (GST) on products meant for the aid of persons w ...

Read more orange-arrow
Small traders can now file GST returns through SMS
28 Oct

Another process of filing GST returns has been made easier for small traders. The GST Network (GSTN) has started the facility of filing quarterly retu ...

Read more orange-arrow
Government to prepare a list of ‘risky’ companies created to evade GST
28 Oct

The government will use artificial intelligence (AI) and Aadhaar registration to segregate dubious firms purposely created for Goods and Services Tax ...

Read more orange-arrow
Signature Builder guilty of denying additional ITC to flat buyers: NAA
28 Oct

The National Anti-Profiteering Authority (NAA) has held Signature Builders guilty for not passing the benefit of additional ITC to the homebuyers but ...

Read more orange-arrow
Small businesses with no tax dues can now file GST returns with a text message
27 Oct

Small businesses with no tax liability can now file their Goods and Services Tax (GST) returns with text messages, GSTN, the company that processes GS ...

Read more orange-arrow
BP Plc. eyes India's fuel market, wants gas in GST
27 Oct

Labelling India as an extraordinary country growing at an incredible scale, energy supermajor BP Plc on October 26 said it is looking to expand its pr ...

Read more orange-arrow
Government support in GST cut could aid entire Passenger Vehicle Industry: Tata Motors
27 Oct

Any kind of support from the government in terms of GST reduction would help the passenger vehicle segment immensely as it would negate some of the pr ...

Read more orange-arrow
Due dates for filing IT returns, audit reports, GST annual return extended
26 Oct

The government on October 24 said due dates for filing income tax returns and tax audit reports for FY20 for various classes of tax payers have been e ...

Read more orange-arrow
Centre borrows and transfers Rs. 6,000 crore to 16 states, 2 UTs
24 Oct

The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation shortfall to 16 states and two union territories, incl ...

Read more orange-arrow
Liaison offices of foreign entities liable to pay GST: Karnataka AAR
24 Oct

A liaison office set up in India for promoting business of its head office incorporated abroad needs to be registered mandatorily under the Goods & ...

Read more orange-arrow
Navi Mumbai police busts GST evasion racket, seizes silver, imitation jewellery worth ₹ 6.17 cr
24 Oct

Navi Mumbai police busted a Goods and Service Tax (GST) evasion racket and seized silver and imitation jewellery worth ₹6.17cr. The consignment was he ...

Read more orange-arrow
CA Student arrested in GST scam of Rs. 50.24 Crore
23 Oct

A CA Final student has been arrested for creating Fake Invoices to generate fake Input Tax Credit amounting to Rs.50.24 Crores. The officers of CGST, ...

Read more orange-arrow
Agreeing to grant easement rights even to original owner is service and attracts 18% GST
23 Oct

The case concerned Chennai Metro Rail Limited (CMRL) that acquired a portion of property for public purpose from an individual. The memorandum of unde ...

Read more orange-arrow
Businesses and govt quarrel over fraudulent ITC claims and imprisonment under GST
22 Oct

While the government has decriminalised 48 sections of the Companies Act, a controversy is brewing over jail provisions in the GST laws. The governmen ...

Read more orange-arrow
ITC to be restricted on Medicines used in Supply of Health Care Services
22 Oct

The Karnataka Authority of Advance Ruling (AAR) ruled that the Input Tax Credit is restricted on medicines used in the supply of health care services ...

Read more orange-arrow
Supply of Arhar and Green Gram to NAFED is an exempted supply
22 Oct

The Department of Agriculture, Cooperation and Family Welfare has appointed National Agricultural Co-operative Marketing Federation Limited (NAFED) as ...

Read more orange-arrow
GST portal experiences technical failure on last date for filing September return
21 Oct

The Goods and Services Tax (GST) portal experienced technical failure on the last day for filing the GSTR-3B for September. Over the past six days, th ...

Read more orange-arrow
Centre should take initiative in settling GST borrowing quantum issue: Kerala FM
21 Oct

Kerala Finance Minister Thomas Isaac on Monday asked the central government to take initiative in settling the issue of quantum of borrowing to fund g ...

Read more orange-arrow
Proportionate ITC can be claimed on inputs used in Installation of Renewable Power Plant
21 Oct

The Tamil Nadu Authority of Advance Ruling (AAR) ruled that Input Tax Credit can be proportionately claimed on Goods/Services used in installation of ...

Read more orange-arrow
Centre, states relations worsen over GST compensation
20 Oct

Opposition-ruled states’ stand mellowed after the Centre offered to borrow Rs 1.10 trillion towards goods and services tax (GST) compensation on their ...

Read more orange-arrow
Gujarat High Court to relook at GST on Indian units of MNCs and BPOs
20 Oct

The controversy around levying Goods and Services Tax on intermediaries has come back to the fore and the Gujarat High Court is planning to relook at ...

Read more orange-arrow
12% GST applicable on LED Stem (mounted on long rod), says AAR
20 Oct

The Tamil Nadu Authority of Advance Ruling (AAR) held that 12% Goods and Service Tax (GST) is payable on the LED stem. The applicant, M/s. lnventaa LE ...

Read more orange-arrow
Opposition states likely to take common stand on GST compensation
20 Oct

The opposition-ruled states are likely to take a common stand on Goods and Services Tax (GST) shortfall compensation following the Centre’s decision t ...

Read more orange-arrow
Economic chaos being spread by Central govt: Sonia on GST compensation cess
19 Oct

Congress president Sonia Gandhi on Sunday hit out at Prime Minister Narendra Modi led union government over the recent compensation controversy in the ...

Read more orange-arrow
FM Sitharaman writes to states explaining Rs 1.1 lakh crore borrowing window for meeting GST shortfall
17 Oct

A day after the Centre agreed to borrow Rs 1.10 lakh crore on behalf of states for meeting GST shortfall, Finance Minister Nirmala Sitharaman on Frida ...

Read more orange-arrow
CBIC notifies due date of GSTR-3B for October 2020 to March 2021
17 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified that the return in Form GSTR-3B of the Central Goods and Services Tax Rules, 2017 for ...

Read more orange-arrow
Cable TV networks in Telangana not paying GST since 2017: PIL
17 Oct

A public interest litigation petition (PIL) filed in Telangana High Court seeks the cancelling of licenses of cable television networks, direct-to-hom ...

Read more orange-arrow
Centre has addressed all concerns of states on compensation cess fund: Anurag Thakur
17 Oct

The Centre has accommodated all concerns of the state governments on the issue of borrowing to meet deficit in goods and services tax compensation ces ...

Read more orange-arrow
CBIC advises businesses to rectify GST return filing defaults
16 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on October 15 urged businesses to ensure that their pending tax returns are filed as defaults c ...

Read more orange-arrow
Centre revises borrowing calendar for second half to accommodate GST compensation
16 Oct

The central government late on October 15 said it was modifying its borrowing calendar for the second half to operationalise a special borrowing windo ...

Read more orange-arrow
GST payout: Opposition states may decide on moving SC on October 16
15 Oct

Some Opposition-ruled states will take a call on Friday on approaching the Supreme Court on the issue of the Centre pressing states to borrow to meet ...

Read more orange-arrow
GST deadlines coming up: October 2020 is significant for mandating crucial GST Compliances
15 Oct

Recently, the Central Board of Indirect Taxes and Customs (CBIC) has issued the 2 significant notifications in respect of mandating crucial GST Compli ...

Read more orange-arrow
States willing to borrow need not wait for GST Council decision, says govt official
14 Oct

States which want to borrow from the market to meet the Goods and Services Tax (GST) compensation shortfall can do so without any consensus in the GST ...

Read more orange-arrow
Long-Term Leases Will Attract GST, Says Authority For Advance Ruling
14 Oct

Two recent decisions by the Authority for Advance Ruling will increase the tax liability on land lease transactions. At the heart of both the rulings ...

Read more orange-arrow
20 states allowed to borrow Rs 69,000 crore from bond market
14 Oct

A day after the stormy GST Council meeting, the Centre on Tuesday allowed 20 states, which had backed its proposal, to borrow close to Rs 69,000 crore ...

Read more orange-arrow
GST Council could take a call on extending the period of collecting the compensation cess to give out to states
13 Oct

The GST Council concluded the discussion without reaching any consensus for the second time in two weeks. The Centre and states last meet on October 5 ...

Read more orange-arrow
CBIC clarifies provisions of ITC availment restrictions for February, 2020 to August, 2020
12 Oct

The Central Board of Indirect Taxes and Customs (CBIC) issued clarification on the restrictions for availment of Input Tax Credit (ITC) under Rule 36( ...

Read more orange-arrow
E-Way Bill generation facility to be blocked for Taxpayers who failed to file GSTR-3B for 2 or more Tax period from Oct 15
12 Oct

The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that, E-Way Bill generation facility to be blocked for Taxpayers who failed to ...

Read more orange-arrow
Govt may consider allowing GST deposit on cash basis: PwC report
12 Oct

The government may consider allowing India Inc to deposit GST on cash basis to help them tide over the liquidity woes during the COVID-19 pandemic, a ...

Read more orange-arrow
Centre and most states to push for fund-raising at GST meet on October 12
12 Oct

The Union government is unlikely to allow voting on fund-raising by states at Monday’s GST Council meeting. It will insist that those who want to go a ...

Read more orange-arrow
Taxpayers will have to report only transactions pertaining to FY19 in annual GST return
10 Oct

The finance ministry on October 9 said taxpayers are required to report in the annual GST return of 2018-19 only the values of transactions pertaining ...

Read more orange-arrow
New GST system generates 69.5 lakh e-invoices in first week of implementation
10 Oct

As many as 69.5 lakh invoice reference numbers have been generated by 71,000 users in the first week of implementation of goods and services tax (GST) ...

Read more orange-arrow
GST Intelligence busts fraud exporter companies who put govt at double loss
10 Oct

GST Intelligence has busted a few exporter companies for defrauding the government through fake claims of Input Tax Credit (ITC) and cash refund of ar ...

Read more orange-arrow
GST Council may set up Group of Ministers on compensation shortfall
09 Oct

The Goods and Services Tax (GST) Council could consider setting up a group of ministers (GoM) to resolve the row over states having to borrow from the ...

Read more orange-arrow
Tourism industry seeks reduction in GST rate, tax benefits to revive sector
09 Oct

Key stakeholders of the country’s travel and tourism industry on October 8 put forward a proposal to the government that included a bunch of measures ...

Read more orange-arrow
Start-ups in the space sector welcome Centre's decision to scrap 18% GST on satellite launches from India
09 Oct

Indian start-ups in the space sector have welcomed the government’s latest announcement to scrap the 18% GST that is levied on firms launching Indian ...

Read more orange-arrow
Pre-filled GST returns to become norm from 1 Jan
08 Oct

Pre-filled tax forms and greater transparency requirements are coming to businesses in 2021, with the Goods and Services Tax (GST) Council clearing ke ...

Read more orange-arrow
18% GST applicable on Assignment of Leasehold Right on Land: AAR
08 Oct

The two member bench of Susmita Bhattacharya and Parthsarthi Dey ruled that the activity of assignment is in the nature of agreeing to transfer one’s ...

Read more orange-arrow
GST meet: Voting on borrowing options unlikely
07 Oct

The Centre is unlikely to allow any voting on the options of borrowing by states at next week’s GST Council meeting. It will say that the issue is out ...

Read more orange-arrow
GST: India Eases Compliance Burden For Small Businesses
07 Oct

Finance Minister Nirmala Sitharaman announced more measures to simplify filing of tax returns and reduce compliance burden on small businesses. Sithar ...

Read more orange-arrow
small taxpayers having turnover upto Rs 5 crore allows to file returns on quarterly basis : GST Council
06 Oct

In a bid to ease GST compliance and return filing for small taxpayers, the GST Council on October 5 allowed them to file GSTR-1 and GSTR-3B once a qua ...

Read more orange-arrow
GST compensation cess to stay beyond June 2022 to help states
06 Oct

After joining hands with the states at the GST Council to extend the applicability of compensation cess on cars, coal and soft drinks beyond June 2022 ...

Read more orange-arrow
GST Council revises requirement of declaring HSN/SAC in invoices and in FORM GSTR-1
06 Oct

The Finance Minister recommended the Revised Requirement of declaring Harmonized System Nomenclature (HSN) for goods and Service Accounting Code (SAC) ...

Read more orange-arrow
'Ready-to-cook' parota will be taxed at 18% under the GST - AAAR
06 Oct

MUMBAI: Parota lovers, waiting to hear if the ‘ready-to-cook’ item will be taxed at 5% or 18% under the goods and services tax (GST), will be disappoi ...

Read more orange-arrow
GST Council to meet today: Stage set for stormy session as compensation dues issue to take centre stage
05 Oct

The Goods and Services Tax (GST) Council is set to meet on October 5 for the first time after the Centre provided the states with two borrowing option ...

Read more orange-arrow
GST shortfall: Opposition-ruled states to ask for dispute resolution mechanism at Council meet
05 Oct

The Opposition-ruled states have decided to ask the Centre to put in place a dispute resolution mechanism to address the contentious issue of Goods an ...

Read more orange-arrow
GST E-Invoice: CBIC amends rules related to Invoice Reference Number & QR Code
03 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified the amendments from Tax Invoice compliances under GST Rules on Invoice Reference Numbe ...

Read more orange-arrow
GST Credit Will Impact Pharma, Textile Sectors: Madras High Court
03 Oct

In August, the Gujarat High Court allowed a footwear company to claim refund of unused goods and services tax credit. But last week, infrastructure, t ...

Read more orange-arrow
After surge in GST collections, e-way bills hit record high
02 Oct

Finance Secretary Ajay Bhushan Pandey today said amid early signs of recovery, e-way bills have hit a record high. In September, more than of 5.74 cro ...

Read more orange-arrow
Opposition-ruled states refused to change their mind against centre’s borrowing options
02 Oct

Ahead of the crucial meeting of the Good and Services Tax (GST) Council on October 5, the Opposition-ruled states have dug in their heels against the ...

Read more orange-arrow
GST collections show rise for first time after 6 months
02 Oct

Goods and services tax (GST) collections grew 4% to Rs 95,000 crore in September — the first rise after six months of decline — indicating a recovery ...

Read more orange-arrow
GST annual return filing for 2018-19 due date extended till Oct 31
01 Oct

The Centre has given more time to taxpayers in yet another compliance measure as it extended the due date to file GSTR-9 and GSTR 9C for 2018-19 by a ...

Read more orange-arrow
CBIC gives 30-day grace period for those not yet ready for GST e-invoice
01 Oct

Businesses not yet prepared for generating Goods and Services Tax (GST) e-invoices despite having got about nine months to prepare for, have been give ...

Read more orange-arrow
CBDT authorizes DG of Income Tax to Upload GST Return Information in Form 26AS
01 Oct

The Central Board of Direct Taxes (CBDT) authorized the Principal Director General of Income-tax (Systems) or Director General of Income-tax  (Sy ...

Read more orange-arrow
AAAR affirms applicant can’t charge 12% GST under Forward Charge Mechanism as a GTA
30 Oct

The Maharashtra Appellate Authority of Advance Ruling (AAAR) affirmed the AAR’s ruling and held that the applicant can not charge GST at the rate of 1 ...

Read more orange-arrow
18% GST is leviable on consideration received on Sale of TDR and FSI: AAAR
30 Oct

The Maharashtra Appellate Authority of Advance Ruling (AAAR) affirmed the AAR’s ruling and held that 18% GST is leviable on sale of Transferable Devel ...

Read more orange-arrow
Madhya Pradesh HC Grants Bail To Person Accused Of GST Fraud
29 Oct

The Madhya Pradesh High Court has granted bail to an accused person in case of GST evasion, for alleged fabrication of invoices and upload of the same ...

Read more orange-arrow
GST e-invoicing mandatory for B2B transactions from October 1
28 Oct

No further relaxation is likely in terms of e-invoicing as the Centre is set to go ahead with the decision to make GST e-invoicing mandatory for compa ...

Read more orange-arrow
Rajasthan High Court quashes order freezing Bank Account beyond 1 year
28 Oct

The Rajasthan High Court quashed the order freezing the bank account of the petitioner for more than 1 year. The investigation had been initiated agai ...

Read more orange-arrow
Temporary retention of GST compensation in the Consolidated Fund isn't diversion: FinMin Sources
28 Oct

Temporary retention of goods and services tax (GST) compensation in the Consolidated Fund of India (CFI) pending reconciliation cannot be termed as di ...

Read more orange-arrow
GST e-invoicing to start from Oct 1, as planned: GSTN CEO
26 Oct

The plan to introduce the e-invoicing regime from October 1 will not be postponed. This was revealed by GST Network (GSTN) CEO Prakash Kumar at Friday ...

Read more orange-arrow
CAG has highlighted discrepancies in GST registration in its report
26 Oct

In the latest report that has been tabled in the Gujarat assembly, the comptroller and auditor general (CAG) has highlighted discrepancies in approval ...

Read more orange-arrow
40% of cess collected by centre not going to designated funds: CAG
26 Oct

The Comptroller and Auditor General has pulled up the government for diverting a large chunk of the money it collected as cess to the general pool mak ...

Read more orange-arrow
Centre violated GST Compensation Cess Act, used funds allocated for states elsewhere
25 Oct

The Comptroller and Auditor General of India has found that the Centre violated its own law on the Goods and Services Tax regime and retained Rs 47,27 ...

Read more orange-arrow
Kerala HC orders CDRSL to pay GST on Input Services and then claim ITC and refund
25 Oct

The Kerala High Court ordered the petitioner CIAL Duty Free and Retail Services ltd. (CDRSL) to pay the GST on input services including Concession Fee ...

Read more orange-arrow
Patiala House Court grants Bail to person accused of availment of Ineligible ITC to the tune of Rs.24 Cr
25 Oct

The Patiala House Court, Delhi granted the bail to the person accused of availment of ineligible Input Tax Credit (ITC) to the tune of Rs. 24 Crores.T ...

Read more orange-arrow
GST Council likely to approve two-year extension of compensation cess levy
24 Oct

The GST Council is likely to approve a two-year extension of compensation cess levy on goods and services to allow Centre to pay entire shortfall in G ...

Read more orange-arrow
Delhi High Court rejects plea challenging 5% GST on all varieties of fabrics
24 Oct

The Delhi High Court rejected the plea challenging 5% GST on all varieties of fabrics falling under Chapters 50 to 63 of the Customs Tariff in further ...

Read more orange-arrow
Gujarat HC directs Release of Goods and Vehicle Confiscated on deposit of Rs.1.70 Lakh along with Bank Guarantee
24 Oct

The writ applicant, M/s Radha Tradelinks Pvt. Ltd. is engaged in the business of areca nut, spices, etc. A consignment of areca nut was transported fr ...

Read more orange-arrow
Notional Interest on Security Deposit, Property Tax forms part of ‘Rental Income’: Karnataka AAR
23 Oct

The Karnataka Authority for Advance Ruling (AAR) has adjudged that no deduction towards property taxes is allowed from the value of renting of immovab ...

Read more orange-arrow
CBIC waives off Late Fee on failure to furnish the GSTR-10 return
23 Oct

The Central Board of Indirect Taxes and Customs (CBIC) waived off the late fee payable for failure to furnish the return in FORM GSTR-10.As per sectio ...

Read more orange-arrow
CBIC extends due date of E-Way Bill for goods sent/taken on approval
22 Oct

The Central Board of Indirect Taxes and Customs (CBIC) extended the due date of GST compliance and validity of the e-way bill till October 31, 2020 in ...

Read more orange-arrow
GST-registered businesses will soon get pre- filled Return form, GSTR-3B
22 Oct

"We are moving towards providing taxpayers with a pre- filled GSTR-3B form so that they can pay their taxes at ease. To start with, an option to edit ...

Read more orange-arrow
GST Authorities can now recover only interest on net cash liability.
22 Oct

The GST authorities will be able to recover only the interest on net cash liability from taxpayers since the introduction of the new tax regime, the C ...

Read more orange-arrow
Borrowing :Opposition-ruled states harden stance.
22 Oct

Opposition-ruled states have hardened their stance on center's borrowing options to meet goods and services tax compensation cess deficit with some th ...

Read more orange-arrow
Government looks to extend faceless assessment scheme to 8 more Income Tax proceedings
21 Oct

The government has proposed to extend the faceless assessment scheme to almost all proceedings under the income tax law, including for collection and ...

Read more orange-arrow
States that don't choose one of Centre's borrowing options may not get GST dues till June 2022
21 Oct

Any state that does not choose one of the borrowing options offered by the Centre to compensate for the revenue loss on account of goods and services ...

Read more orange-arrow
Govt indicates that it has required support from states and UTs to push its GST formula
21 Oct

The government on Sunday indicated that it had the required support from states and Union Territories to push through its GST compensation formula, af ...

Read more orange-arrow
Centre not breaking its promise to compensate states for any GST revenue loss: FM
19 Oct

Finance minister Nirmala Sitharaman said the Centre is not reneging on its promise to compensate states for any revenue loss due to the transition to ...

Read more orange-arrow
GST reduction on fans to 5% will boost product sales, says IFMA
19 Oct

The goods and services tax (GST) reduction from 18 percent to 5 percent on fans will help boost the product sales, said the Indian Fan Manufacturers A ...

Read more orange-arrow
Uniformity in GST rates necessary for sustained growth of mining sector: FIMI
19 Oct

Miners' body FIMI on Friday said the mining industry is passing through a period of high uncertainty and stressed that uniformity in GST rates is nece ...

Read more orange-arrow
Cash can be seized in GST Search as it’s covered under definition of ‘Things’: Madhya Pradesh HC
18 Oct

The Madhya Pradesh High Court said that cash can be seized in Goods and Service Tax (GST) search as it is covered under definition of ‘Things’.The pet ...

Read more orange-arrow
Auto companies should cut royalty payments, instead of asking the government to reduce GST: FinMin Sources
18 Oct

Auto companies should cut costs by reducing royalty payments to their parent companies abroad instead of asking the government to reduce GST, finance ...

Read more orange-arrow
Industry bodies and MNCs seek deferment of mandatory e-invoicing till January
18 Oct

Industry bodies and multinational companies have sought deferment of mandatory e-invoicing till January 1 next year, seeking more time to implement re ...

Read more orange-arrow
Exempt GST on Special Protection Force from April to September says TTD Board
17 Oct

TTD Board of Trustees chairman YV Subba Reddy has requested the Center to  exempt the Tirumala Tirupati Devasthanams (TTD) from the burden of GST ...

Read more orange-arrow
NAA finds Pinky Sales guilty for not passing benefit of GST Reduction on Footwear to its customers
17 Oct

The National Anti-Profiteering Authority (NAA) has found M/s Pinky Sales guilty of profiteering by not reducing prices in respect of the supply of foo ...

Read more orange-arrow
GST be imposed on wellness centres depending on services offered: Gujarat AAR
16 Oct

Wellness facilities may become costlier for consumers with the Gujarat-based authority for advance rulings (AAR) calling for the imposition of 18 per ...

Read more orange-arrow
Odisha to amend GST Act to make fraud in input tax credit non-bailable
16 Oct

Faced with rising cases of fraud in input tax credit, the Odisha government plans to amend the Odisha Goods and Services Tax making fraudulent input t ...

Read more orange-arrow
Gym owners urge state govts to open gyms, seek lower GST & other measures to revive industry
16 Oct

IndiaActive, an association of stakeholders in the fitness industry, has urged the governments of Maharashtra, Bihar and Jharkhand to allow the reopen ...

Read more orange-arrow
GST Council can ask Centre to let states borrow to compensate shortfall: Attorney General
16 Oct

The Goods and Services Tax (GST) Council is empowered to ask the Central government to permit the states to borrow for meeting GST compensation shortf ...

Read more orange-arrow
Businessman arrested for tax evasion in Raipur
15 Oct

A businessman involved in steel and cement trading was arrested in Chhattisgarh's capital Raipur on September 12 for allegedly evading taxes of over R ...

Read more orange-arrow
13 states submit borrowing option to Centre to fund GST shortfall
14 Oct

As many as 13 states ruled by the BJP and parties that have supported it on various issues have submitted their borrowing options to the Centre to mee ...

Read more orange-arrow
Extend GST annual return filing deadline by 3 months: ICAI
14 Oct

The Institute of Chartered Accountants of India (ICAI) has written to the GST Council seeking deferment of 2018-19 GST annual return filing deadline b ...

Read more orange-arrow
GST Council meeting postponed to October 5: Sources
14 Oct

The GST Council meeting slated for September 19 has been postponed to October 5, sources said on Friday.The 42nd meeting of the Council has been postp ...

Read more orange-arrow
42nd GST Council meet deferred to first week of October
12 Oct

The 42nd meeting of the Goods and Services Tax (GST) Council, which was scheduled to be held on September 19, has now been deferred to the first week ...

Read more orange-arrow
GST Council likely to consider 18% rate on all kind of sanitizers in next meeting
12 Oct

GST Council in its next meeting is likely to decide on 18 pc rate on all kind of sanitizers. Currently, while non-alcohol based sanitizer attracts 12 ...

Read more orange-arrow
Central Government's failure to pay compensation to states is setting the stage for a showdown
12 Oct

Central government has failed to pay states the compensation it promised for supporting a nationwide tax reform, setting the stage for a showdown betw ...

Read more orange-arrow
IRDAI seeks GST rate cut from 18% to 5% on life and health insurance premiums
11 Oct

Life and health insurance premiums could soon attract lower GST to make them attractive for customers, if Insurance Regulatory and Development Authori ...

Read more orange-arrow
Hiring of Motor Vehicle for transportation of Employees for Workplace is eligible for ITC
11 Oct

The Maharashtra Authority of Advance Ruling (AAR) ruled that the Input Tax Credit (ITC) is available to Applicant on GST charged by the service provid ...

Read more orange-arrow
Handset makers can save costs due to GST-customs portal integration
11 Oct

Mobile phone makers can save custom compliance costs on imports of devices and components as the government has linked two mammoth databases by integr ...

Read more orange-arrow
Consent of states on compensation issue is unlikely in GST Council
10 Oct

The Goods and Services Tax (GST) Council is divided along political lines with just a few days to go for the start of the monsoon session of Parliamen ...

Read more orange-arrow
Karnataka AAR Allows ITC on Equipment, Furniture, Reagents/consumables used for Performing Test
10 Oct

The Karnataka Authority of Advance Ruling (AAR) ruled the Input Tax Credit (ITC) can be availed on equipment, furniture, reagents/consumables used for ...

Read more orange-arrow
Local transportation services without providing accommodation not entitled to concessional GST rate of 5%: AAR
10 Oct

The Rajasthan Authority of Advance Ruling (AAR) ruled that 5% GST is not applicable on local transportation services.The applicant sought the advance ...

Read more orange-arrow
Opposition states insist Centre must borrow for GST compensation
09 Oct

Opposition-ruled states are unlikely to budge on their stance and insist that the Centre should borrow to compensate them for the revenue loss on acco ...

Read more orange-arrow
Goods can’t be detained if payment of GST is not mentioned on E-Way Bill: Kerala HC
09 Oct

The Kerala High Court held that goods can’t be detained for non-mention of payment of GST on the e-way bill as per the SGST Act, 2017, and R.138A of S ...

Read more orange-arrow
Center committed to pay full GST compensation to states
08 Oct

The Union government is committed to compensate states for their entire Rs 2.35 lakh crore Goods and Services Tax (GST) shortfall in 2020-21 irrespect ...

Read more orange-arrow
Goods can’t be detained merely on the basis that Consignee mentioned as Unregistered Person in E-Way Bill: Kerala HC
08 Oct

The Kerala High Court held that goods can not be detained merely on the basis that the consignee was mentioned as an Unregistered Person in E-Way Bill ...

Read more orange-arrow
Excise officials to go on mass leave for alleged GST evasion
07 Oct

Excise and taxation officials today announced that they would proceed on a two-day mass leave on September 7 and 8 for alleged witch-hunting in the Go ...

Read more orange-arrow
Focus on decriminalising offences and wider use of compounding provisions in GST laws
07 Oct

The pace of a comprehensive review of GST laws has accelerated with a special focus on decriminalising offences and wider use of compounding provision ...

Read more orange-arrow
GST scam investigated by officer delayed, as Sola Civil Hospital fails to submit crucial papers
05 Oct

Tax evasion of over Rs 2 crore has allegedly been unearthed at GMERS Medical and Sola Civil Hospital. A housekeeping agency from Bhavnagar that outsou ...

Read more orange-arrow
Penalty can’t be levied on Nani Resorts & Floriculture Pvt. Ltd. for denying benefit of ITC to Flat buyers: NAA
05 Oct

The National Anti-Profiteering Authority (NAA) found M/s Nani Resorts & Floriculture Private Limited guilty of profiteering but did not impose the ...

Read more orange-arrow
Javadekar hints at possibility of GST rate cut for vehicles
05 Oct

Union Minister Prakash Javadekar on Friday lent his weight to the automobile industry’s demand for a reduction in GST rate to boost growth, saying he ...

Read more orange-arrow
GST e-invoicing mandatory from October 1 for big companies
04 Oct

‘E-Invoicing’ has been one of the most discussed topics for the past month and it has made its way to the to-do lists of all large corporates having G ...

Read more orange-arrow
Penalty can’t be levied on S3 Buildwell Pvt. Ltd. for denying benefit of ITC to Flat buyers: NAA
04 Oct

The National Anti-Profiteering Authority (NAA) found M/s S3 Buildwell Private Limited guilty of profiteering but did not impose the penalty for denyin ...

Read more orange-arrow
Mamata claims ‘betrayal’; Karnataka opts for special window for GST compensation
04 Oct

JOINING THE demand by non-BJP ruled states that the Centre should borrow to meet the compensation deficit under the Goods and Services Tax (GST) regim ...

Read more orange-arrow
Tussle over GST dues is biggest tension point in federal system
03 Oct

The tussle between the Centre and states over the goods and services tax (GST) compensation is “the biggest tension point in the federal system", Kera ...

Read more orange-arrow
Telangana CM urges centre to take up responsibility of compensating states
02 Oct

Telangana Chief Minister K Chandrasekhar Rao has urged Prime Minister Narendra Modi to drop the proposal asking the states to go for borrowing to meet ...

Read more orange-arrow
GST council must fill revenue gap by consent of all, not majority: Opposition
02 Oct

After rejecting the Centre's two borrowing options on goods and services tax shortfall compensation, the Opposition-ruled states have demanded that th ...

Read more orange-arrow
GST collection at Rs 86,449 crore in August 2020
02 Oct

The gross GST collection in August stood at Rs 86,449 crore, down from Rs 87,422 crore collected in July, the Finance Ministry said on Tuesday.The rev ...

Read more orange-arrow
Consider more legally viable options for GST dues to states: Delhi CM
02 Oct

Delhi Chief Minister CM Arvind Kejriwal on Tuesday (September 1) wrote to Prime Minister Narendra Modi over Goods and Services Tax (GST) compensation ...

Read more orange-arrow
Govt extends FY 20 GSTR-4 filing date for composition dealers till October 31
01 Oct

The government on Monday extended by 2 months the due date for filing of annual GST returns for 2019-20 by composition dealers to October 31. This is ...

Read more orange-arrow
Seven States, One Union Territory Oppose Centre’s Proposal To Meet GST Shortfall
01 Oct

As many as seven non-BJP ruled states, including Kerala and Punjab, besides Union Territory Puducherry on Monday rejected the central government's sug ...

Read more orange-arrow
Punjab wants arbitration to settle GST disputes
01 Oct

Punjab has demanded the setting up of an arbitration mechanism provided under the GST laws to settle disputes, even as several Opposition-ruled states ...

Read more orange-arrow
Tamil Nadu and Kerala rejects Centre’s options for GST compensation
01 Oct

Chief Minister Edapaddi K. Palaniswami has written to Prime Minister Modi urging him agree to a mechanism in which the Centre would raise the required ...

Read more orange-arrow
Centre unlikely to change the GST compensation formula
31 Oct

The government is unlikely to give in to demands for changing the compensation formula for goods and services tax (GST) despite opposition-ruled state ...

Read more orange-arrow
GST Network starts providing auto-drafted ITC statement to taxpayers
31 Oct

The GST Network on August 29 started providing auto-drafted input tax credit (ITC) statement GSTR-2B which would assist the taxpayers in determining t ...

Read more orange-arrow
Forcing GST debt on states will lead to 'brute power of centralism': Bengal FM
31 Oct

West Bengal finance minister Amit Mitra on Sunday said that the Centre's suggestion to states to borrow for meeting the shortfall in revenue from Good ...

Read more orange-arrow
Opposition ruled states likely to reject Centre’s GST options
31 Oct

A number of states, particularly opposition-ruled ones, are set to reject the two borrowing options proposed by the Centre to meet the deficit in the ...

Read more orange-arrow
GST compensation fund likely to continue beyond 5 year transition period
31 Oct

The Goods and Service Tax (GST) compensation fund can continue beyond the five-year transition period if a steep fall in revenue from the levy means t ...

Read more orange-arrow
RBI likely to prefer borrowing by center on behalf States for GST compensation
29 Oct

The Reserve Bank of India (RBI) is likely to prefer that the Centre borrows and gives money to the states toward goods and services tax (GST) compensa ...

Read more orange-arrow
After FM said two-wheelers merit a GST cut, bike makers fear buyers may postpone purchases
29 Oct

The two-wheeler industry’s hopes were dashed on August 27 when Finance Minister Nirmala Sitharaman made no announcement about a reduction in goods and ...

Read more orange-arrow
GST rate cut will boost two-wheeler firms' Earning Per Share
29 Oct

A GST rate cut would be positive for two wheelers and boost their earnings per share, global brokerage CLSA said on Friday.Indian Finance Minister Nir ...

Read more orange-arrow
Easing FRBM limit by 50 bps not adequate, say Kerala, Punjab
29 Oct

Kerala is set to reject both borrowing options put on the table by the Centre to meet the GST compensation shortfall for FY21, even as other states qu ...

Read more orange-arrow
After 5-hr meet on GST compensation, states get 7 days to choose from 2 options
28 Oct

The Centre on Thursday offered two options to states to compensate them amid inadequate cess collections under the goods and services tax (GST) regime ...

Read more orange-arrow
GST panel considers borrowings to compensate states
28 Oct

The Centre and states on Thursday converged on the need to borrow more funds to meet the latter’s compensation requirement due to an estimated Rs 3-la ...

Read more orange-arrow
GST hike on tobacco products may bring double whammy; tobacco farming gives livelihood to crores of people
28 Oct

With dwindling GST collections due to pandemic induced lockdown and sluggish recovery in demand, GST Council in its 41st meeting is likely to delibera ...

Read more orange-arrow
A GST cut may prove to be encouraging for two-wheeler companies
28 Oct

The observation by the finance ministry that the two-wheeler sector merits a lower GST (goods and services tax) rate may result in another round of st ...

Read more orange-arrow
Proposals presented by finance minister on GST compensation are unclear: states
28 Oct

The two options presented by finance minister Nirmala Sitharaman towards the end of the marathon GST Council meeting on Thursday have left states with ...

Read more orange-arrow
Two-wheelers to become cheaper, GST Council may revise tax slab in its meeting
27 Oct

A good news may come for two-wheeler companies and the customers as the GST Council meeting on Thursday. Finance Minister Nirmala Sitharaman had signa ...

Read more orange-arrow
No recovery of interest on gross basis for past GST dues: CBIC
27 Oct

Central Board of Indirect Taxes and Customs (CBIC) on Wednesday clarified that Goods and Services Tax (GST) authorities will not recover interest from ...

Read more orange-arrow
Before the GST Council meet, opposition states accuse Centre of ‘betrayal'
27 Oct

A day earlier than the crucial GST Council meeting to debate compensation cost to states, states ruled by opposition events accused the Narendra Modi ...

Read more orange-arrow
States may require more than 3 Lakh Crore GST compensation in FY21
27 Oct

States may need compensation in the range of Rs 3.1-3.6 lakh crore this year for a “shortfall” in GST collections, with additional market borrowings a ...

Read more orange-arrow
GST rates may be revised for two wheelers, says FM Nirmala Sitharaman
26 Oct

Finance Minister Nirmala Sitharaman on Tuesday said the Goods and Services Tax (GST) Council would look into the auto industry’s demand for lowering t ...

Read more orange-arrow
States will face tax crisis due to Covid-19
26 Oct

The Covid-19 pandemic has worsened the economic slowdown in India. The slowdown was evident with a slide in the GDP growth rate since the last quarter ...

Read more orange-arrow
GST Council like apex authorities can be set up for land, labour, power: RBI
26 Oct

The Reserve Bank on Tuesday suggested setting up GST Council type apex authorities for land, labour and power to drive structural reforms and expedite ...

Read more orange-arrow
GST tax rates have reduced significantly under GST regime: FM
25 Oct

GST, which subsumed about 17 local levies, was rolled out on July 1, 2017. Jaitley held the finance portfolio in the first term of the Modi government ...

Read more orange-arrow
Compensation cess on tobacco products can generate Rs 49,740 crore: GST Council
25 Oct

Public health groups along with doctors and economists have urged the GST Council to increase compensation cess on all tobacco products which is expec ...

Read more orange-arrow
All India Food Processors' Association (AIFPA) seeks lower GST rates on packaged food products
25 Oct

Ahead of the GST Council meeting on 27 August, the All India Food Processors’ Association (AIFPA), an industry body that represents several large and ...

Read more orange-arrow
44 top Indian companies challange Indirect Tax Department over anti profiteering under GST
25 Oct

The Delhi High Court (HC) on Monday heard 37 goods and services tax (GST) anti-profiteering writ petitions, including ones filed by Johnson & John ...

Read more orange-arrow
Regional beverage companies under intense scrutiny from GST officials
25 Oct

Regional beverage makers are facing heightened scrutiny from GST officials over tax evasion as many of them were found to be claiming that their proud ...

Read more orange-arrow
Aadhaar authentication for new GST registration is active from August 21
24 Oct

"Aadhaar authentication for new registration would substantially enhance ease of doing businesses for genuine businesses," he said. "This measure is e ...

Read more orange-arrow
CBIC makes virtual hearing mandatory for GST appeal cases
24 Oct

The CBIC has asked GST field offices to conduct hearings in GST appeal cases via video conferencing for their expeditious disposal while ensuring soci ...

Read more orange-arrow
Indian Beverage Association asks Finance Minister to remove colas from sin tax
24 Oct

The Indian Beverage Association (IBA), which represents the country’s biggest soft drinks makers including Coca-Cola, PepsiCo, Parle Agro and Red Bull ...

Read more orange-arrow
GST Registration after Physical Verification of Biz Place If Aadhaar Not Authenticated: CBIC
22 Oct

In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said when an applicant for GST registration opts for authentication of Aadha ...

Read more orange-arrow
41st GST Council Meet: Covid Makes For Grim Backdrop As Battle Brews Over Revenue Sharing
22 Oct

The Goods and Services Tax (GST) Council has scheduled two important meetings on August 27 and September 19. Finance Minister Nirmala Sitharaman had e ...

Read more orange-arrow
How a Builder Escaped Penalty Despite Being Guilty Of Profiteering
22 Oct

In a first of its kind order dated 14th Aug 2020, the National Anti-profiteering Authority (NAA) has given a reprieve to a real estate company despite ...

Read more orange-arrow
41st GST Council Meet: Compensation to states for revenue losses under the indirect tax regime
21 Oct

The Goods and Services Tax (GST) Council has scheduled two important meetings on August 27 and September 19, according to senior Government sources. F ...

Read more orange-arrow
NAA didn’t impose Penalty on Eldeco Infrastructure for denying benefit of ITC to Flat Buyers
21 Oct

The National Anti-Profiteering Authority (NAA) found M/s Eldeco Infrastructure & Properties Private Limited guilty of profiteering but did not imp ...

Read more orange-arrow
Hike in cess on sin goods like cigarettes on the agenda of August GST Council meet
20 Oct

The much-awaited Goods and Services Tax (GST) Council meeting is likely to be held on August 27 and another meeting will be scheduled on September 19, ...

Read more orange-arrow
Madhya Pradesh HC grants Bail to Promoters of Bhopal based Som Distilleries for alleged Tax Evasion
20 Oct

The Madhya Pradesh High Court granted the bail to the promoters of Bhopal based Som Distilleries for alleged Tax Evasion on furnishing a personal bond ...

Read more orange-arrow
Functionality to help GST payers on ITC eligibility enabled by GST Network
19 Oct

GST Network on Tuesday said it has enabled a functionality to help GST payers know their input tax credit (ITC) eligibility in their Annual Return, ma ...

Read more orange-arrow
Rajasthan HC directs GST Council to accept the filing of TRAN-1 for petitioners to get the benefit of CENVAT Credit
19 Oct

The Rajasthan High court directed the GST Council to issue a recommendation to the Commissioner to enable petitioners to get the benefit of CENVAT cre ...

Read more orange-arrow
HC rejects the plea seeking lower GST on Sanitizers and Masks
19 Oct

A public interest litigation (PIL) was on Friday moved in the Delhi High Court seeking direction to the center to classify masks and sanitizers as ess ...

Read more orange-arrow
GST Council To Explore Making E-Way Bills Must For Moving Gold Within States
18 Oct

A Group of Ministers has agreed that states can individually decide to make e-way bills mandatory for the movement of gold within their territory to c ...

Read more orange-arrow
Punjab and Haryana HC: GST Authorities to consider PIL for Reclassification of AUS Ingredient Based Sanitizers
18 Oct

The Punjab and Haryana High Court directed the GST Authorities to consider PIL for reclassification of Ayurvedic/ Unani/ Siddha (AUS) Ingredient Based ...

Read more orange-arrow
Inspection, Search, and Seizure for goods kept under illegal custody upheld by Kerala HC
18 Oct

The Kerala High Court upheld the inspection, search and seizure under Section 67 of the CGST Act for goods kept under illegal custody and an amount of ...

Read more orange-arrow
Mixed response from jewellery sector on reverse mechanism proposal
17 Oct

A proposal by a group of ministers for GST amendment on the gem and jewellery sector elicited a mixed response from the trade.To plug loopholes in col ...

Read more orange-arrow
Notice to GST Commissioner for various TRAN issues: Madras HC
17 Oct

The Madras High Court issued the notice to the Commissioner and Assistant Commissioner of Central Excise and GST for various TRAN issues. In the writ ...

Read more orange-arrow
View: Clean up GST, to increase income tax collections
17 Oct

The Prime Minister has launched a tax reform programme that would further reduce the personal interaction between taxmen and taxpayers. This is meant ...

Read more orange-arrow
22% hike in GST collection this July in Faridabad
17 Oct

The GST collection in the district, which took a severe beating in April this year due to the lockdown, has charted a recovery path. While it has grow ...

Read more orange-arrow
Over Rs 17 crore tax evasion by cement manufacturer detected by GST intelligence
13 Oct

The GST intelligence officials have detected over Rs 17 crore tax evasion by a major cement manufacturer in Satna and arrested one of its directors, a ...

Read more orange-arrow
Coming soon: GST technological maintenance to ease compliance and fill up leaks
13 Oct

Filing goods and services tax (GST) returns will be easier with technological changes set to be introduced over the next few months, while putting on ...

Read more orange-arrow
AAR rules that manufacturing and supply of Railway Parts will attract 12% GST rate
13 Oct

The Authority of Advance Ruling (AAR), Karnataka ruled that 12% GST applicable to manufacturing and supplying of the Railway parts including knuckle, ...

Read more orange-arrow
GST Council likely to consider hiking cess on sin goods
13 Oct

The upcoming GST Council, which shall meet on only single point agenda, anytime in August, to iron out measures to meet the compensation requirements, ...

Read more orange-arrow
AAR denies ITC on GST paid on lease premium charges towards Land lease for business purpose
13 Oct

The Telangana Authority of Advance Ruling (AAR) held that the applicant, M/s. Daicel Chiral Technologies (India) Private Limited is not eligible to av ...

Read more orange-arrow
Telangana AAR: 5% GST on Food Supplied to Hospitals
13 Oct

The Telangana State Authority of Advance Ruling (AAR) ruled that 5% GST is applicable on food supplied to hospitals including private hospitals, gover ...

Read more orange-arrow
GSTR 1 and 3B to be linked to determine input tax credit and liability
11 Oct

In an effort to plug goods and services tax (GST) evasion and frauds and ease compliance, the existing GST return filing system is being enhanced to h ...

Read more orange-arrow
Company found Guilty for Profiteering for not reducing base price when GST was reduced from 28% to 18%: NAA
11 Oct

The National Anti-Profiteering Authority (NAA), while imposing a penalty on a Company for not reducing the base price despite the GST rate reduction f ...

Read more orange-arrow
Tax Officials directed by Madras High Court to grant GSTN for Transition of Credit
11 Oct

The Madras High Court directed the Commercial Tax Officials Goods and Service Tax Network(GSTN) for migration or transition of credit.The petitioner, ...

Read more orange-arrow
Experts bat Smooth execution of GST filing system without technical glitches
11 Oct

Smooth execution sans technical glitches is critical for the revamped and simplified goods and service tax (GST) return filing system, said experts.Th ...

Read more orange-arrow
Coaching classes are not eligible for GST exemption: AAR
10 Oct

Coaching classes are not exempt from the Goods and Services Tax (GST) and will attract a GST at 18 per cent, this was reiterated by a ruling given by ...

Read more orange-arrow
CBIC facilitates Functionality to file Revocation Application for cancelled GST Registration
10 Oct

The Central Board of Indirect Taxes and Customs  ( CBIC ) has enabled the Functionality to file revocation application for canceled GST Registrat ...

Read more orange-arrow
Generation and quoting of DIN on any communication to GST Taxpayers mandated by Kerala GST Dept.
10 Oct

The Kerala GST department on Tuesday mandated the generation and quoting of Document Identification Number (DIN) on any communication to GST Taxpayers ...

Read more orange-arrow
AAR: Immovable Properties with No Distinct Goods and Services attract Work Contracts
08 Oct

The Authority of Advance Ruling (AAR) Maharashtra came up with a ruling that clarifies that immovable properties with no distinct goods and services w ...

Read more orange-arrow
GST e-invoices to roll out from October 1 for companies with revenue above 500 Crore
08 Oct

Implementation of e-invoicing for companies over Rs 500 crore revenue will begin from October 1, the Group of Ministers on information technology for ...

Read more orange-arrow
Offline Tool to prepare Form GSTR-4 Annual Return by Composition Taxpayers enabled by GST portal
08 Oct

The Goods and Services Tax (GST) Portal has enabled the offline tool to prepare to form GSTR-4 Annual Return by Composition Taxpayers. An EXCEL based ...

Read more orange-arrow
GST Returns data for the year 2017 restored on GST Portal
07 Oct

The Goods and Services Tax ( GST ) Portal has restored the GST Returns data for the year 2017. In a statement published in GST Portal said that, ...

Read more orange-arrow
AAR: Amount recovered from Other Government departments for doing Research Work & Study, to make policies is exempted
07 Oct

The Madhya Pradesh Authority of Advance Ruling (AAR) ruled that the amount recovered by the applicant, Atal Bihari Vajpayee Institute of Good Governan ...

Read more orange-arrow
Notices to large number of firms declaring lower sales to avoid tax
07 Oct

Businesses used to under-report their turnovers and investment sizes, sometimes floating new companies and carving out part businesses to them, in ord ...

Read more orange-arrow
Network capacity of GST portal doubled to handle 3 Lakh users
07 Oct

Taxpayers can look forward to fewer glitches on the Goods and Service Tax (GST) portal while filing returns and submitting documents as the portal has ...

Read more orange-arrow
Fiscal health of states exposed to key risk
06 Oct

The state governments, which are at the frontline of addressing the COVID-19 pandemic, are facing a severe revenue shock, which could be exacerbated b ...

Read more orange-arrow
Toyota forced to go slow on hybrids due to Covid, High GST rates
06 Oct

The pandemic and high GST rates have forced Toyota Kirloskar Motor to postpone the launch of the hybrid version of some of its models even as the curr ...

Read more orange-arrow
Punjab’s GST inflow 38% short in April-July
05 Oct

The Punjab government has suffered a dent of 38% in its gross goods and services tax (GST) collection in the first four months of the current fiscal d ...

Read more orange-arrow
Delhi HC allows Samsonite to deposit Profiteered Amount within 6 months
05 Oct

The Delhi HC via video conferencing allows Samsonite to deposit the principal profiteered amount of Rs. 21.2 crores (after adjustment of Rs. 3 crores ...

Read more orange-arrow
Tax credit on services under GST allowed by Gujarat HC
04 Oct

The Gujarat High Court has allowed a footwear company to claim credit for taxes paid on service inputs under the goods and services tax (GST) regime, ...

Read more orange-arrow
GST collections drop to Rs 87,422 crore in July
04 Oct

Goods and Services Tax collections in India are limping back to normalcy with the government clocking gross GST revenue of Rs 87,422 crore in July 202 ...

Read more orange-arrow
Due date for filing GST returns extended
04 Oct

The Delhi Goods and Service Tax Department notified the Delhi Goods and Services Tax (Tenth Removal of Difficulties) Order, 2019.For the purpose of fu ...

Read more orange-arrow
GST e-invoicing for businesses notified by CBIC
01 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has notified e-invoicing for businesses with turnover above Rs 500 crore, increasing the thresh ...

Read more orange-arrow
Govt junks new GST return format
01 Oct

The staff and officials at the GST Network (GSTN), the IT backbone of the GST, are apparently disappointed at the government's decision to junk the ne ...

Read more orange-arrow
Gujarat HC reads down Explanation to GST Rule denying Refund
01 Oct

A two-judge bench of the Gujarat High Court has categorically held that the Explanation (a) to Rule 89(5) of the CGST Rules which denies the refund of ...

Read more orange-arrow
CBIC notifies Schema for E-Invoice, SEZ units excluded
31 Oct

The Central Board of Indirect Taxes and Customs ( CBIC ) on Thursday notified the Schema for E-Invoice for implementing e-invoicing, a form of electro ...

Read more orange-arrow
Centre not obliged to pay for shortfall in GST compensation fund
31 Oct

The Attorney General has opined that there is no obligation on the central government to pay the GST compensation shortfall to states and the GST Coun ...

Read more orange-arrow
Govt tells panel it has no money to pay states their GST share
31 Oct

Three years since the grand launch of the GST regime in 2017, the government has for the first time admitted that it has no money to pay the state gov ...

Read more orange-arrow
Pressure on states for GST rate rationalisation
30 Oct

States are under fresh pressure to agree to rationalisation of GST rates by reworking slabs and raising the levy on garments and footwear as the Centr ...

Read more orange-arrow
GST intelligence unearths role of mafia
30 Oct

Agents transporting goods like arecanut to other states take GST registration in the name of economically backward people; if the consignment is caugh ...

Read more orange-arrow
GST council can take call on borrowing from market
30 Oct

The attorney general has said the Goods and Service Tax (GST) Council can decide whether a market borrowing mechanism can be established to compensate ...

Read more orange-arrow
GST cess falls 42% short in FY20
29 Oct

The Centre made up a 42% shortfall in Goods and Services Tax compensation cess collection in 2019-20 by using balance of cess from previous years, plu ...

Read more orange-arrow
Relief likely for auto sector on GST, road tax, cess
29 Oct

In light of the ongoing difficulties being faced by the Indian auto industry, the government is in the process of formulating a policy that would driv ...

Read more orange-arrow
Centre pays ₹13,000 crore GST compensation to States and UTs
28 Oct

The Centre has released the last tranche of GST Compensation amounting over ₹13,000 crore to States and Union Territories. With this, the total pay-ou ...

Read more orange-arrow
Taxmen dodge massive GST fraud as exporters claiming Rs 2,000 cr refund go missing on verification
28 Oct

As many as 1,474 exporters have gone untraceable after fraudulently claiming over Rs 2,000 crore of integrated GST (I-GST) refunds, in what shows the ...

Read more orange-arrow
Guidelines to file periodic Return in GSTR-3B to avoid Incorrect Disclosure of ITC issued by Kerela Government
27 Oct

The Commissioner of Kerala Goods and Service Tax issued the detailed guidelines in the form of a circular so as to guide people to file the periodic r ...

Read more orange-arrow
Penalty proceedings of 75 Cr. against Patanjali Ayurved by Anti-Profiteering Authority stayed by Delhi High Court
27 Oct

The Delhi High Court on Friday stayed the penalty proceedings initiated against Patanjali Ayurved for allegedly profiteering Rs 75 crore through sale ...

Read more orange-arrow
Praja Arogya Vedika (PAV) has appealed to Exempt GST on COVID products
27 Oct

Praja Arogya Vedika (PAV) has appealed to Union Finance Minister Nirmala Sitharaman to exempt all COVID-19 related equipment/products, including soaps ...

Read more orange-arrow
Racket involved in Rs 150 crore GST evasion unearthed in Surat
25 Oct

A racket involved in fradulently availing Goods and Services Tax (GST) credit has been busted in Surat by Directorate General of Goods and Services Ta ...

Read more orange-arrow
M/S MAGNAMIND VENTURES (P) LTD. Versus THE STATE OF KERALA
25 Oct

On 21.05.2020 when the matter came up for admission court directed the learned Counsel to get specific instructions as to how much amounts can be paid ...

Read more orange-arrow
Government dumps new GST return system; existing one will be continued with modified version
24 Oct

The government plans to improve existing GST return filing system instead of rolling out a new model. The new system was supposed to be launched on 1 ...

Read more orange-arrow
GST e-invoicing for businesses with Rs 500-cr turnover from Oct 1
24 Oct

The government will notify a new GST e-invoice scheme under which businesses with turnover of Rs 500 crore and above will generate all invoices on a c ...

Read more orange-arrow
Directions from Chhattisgarh HC: Allow TRAN-1 & TRAN-2 Return Filing If failure of Appellant was due to Technical Glitches on Common Portal
24 Oct

The Chhattisgarh High Court directed the Commissioner to refer the matter to the GST Council so as to allow TRAN-1 & TRAN-2 return filing if failu ...

Read more orange-arrow
Finance Secretary says, GST rates can be reduced further as tax base increases
24 Oct

GST rates can be reduced further once the tax base increases and everyone pays taxes properly, Finance Secretary Ajay Bhushan Pandey said on Thursday. ...

Read more orange-arrow
No Input Tax Credit can be claimed on Purchase of Paver Blocks laid on Land: Maharashtra AAR
23 Oct

The Maharashtra Authority of Advance Ruling (AAR) ruled that Input Tax Credit (ITC) cannot be claimed on the purchase of paver blocks laid on land.
...

Read more orange-arrow
Directorate General of GST Intelligence detects Rs 72 crore tax evasion
23 Oct

The Directorate General of Goods and Service Tax Intelligence unveiled evasion of tax of more than Rs 72 crore by a racket of clandestine clearance of ...

Read more orange-arrow
AAR rules that 18% GST is applicable on renting non A/C buses in the name of APSRTC
23 Oct

The Authority for Advance Ruling(AAR) of Andhra Pradesh ruled that 18% Goods and Services Tax (GST) applicable on renting the Non-Air conditioned buse ...

Read more orange-arrow
CBIC enables Filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal.
22 Oct

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the Filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal.
T ...

Read more orange-arrow
GST: Input Tax Credit can’t be claimed on Lift procured and Installed in Hotel Buildings, says AAR
22 Oct

The applicant has sought the advance ruling on the issue of whether Input tax credit on Purchase of Lift would be available to Hotel as it has been us ...

Read more orange-arrow
GST: ITC can be claimed on Water Slides but not on Site Development and Swimming Pools, rules AAR
22 Oct

The Authority consisting of its members Manoj Kumar Chobey and Virendra Kumar Jain ruled that the applicant is eligible to avail the ITC on the purcha ...

Read more orange-arrow
GST recovery orders during lockdown cancelled: Gujarat HC
21 Oct

The Gujarat high court has recently quashed GST department's recovery orders because they were passed after the firms and traders failed to remain pre ...

Read more orange-arrow
Mahindra lifespaces profiteered in Chennai project: National Anti-profiteering Authority
21 Oct

National Anti-profiteering Authority (NAA) has upheld profiteering allegation against Mahindra Lifespaces for its Chennai-based Avadi project.The alle ...

Read more orange-arrow
Time limit for availing transitional credit under GST is mandatory: Madras HC
20 Oct

The Madras High Court has ruled that the time limit for availing transitional credit is mandatory and not directory. This is just opposite to the De ...

Read more orange-arrow
Pending GST registrations to be cleared by CBIC under 'Special Drive' by July 30
20 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Friday notified to clear pending GST registrations under ‘special drive’ by July 30, 2020. ...

Read more orange-arrow
Fraudulent GST refund claims worth Rs 1,875 crore blocked by Government
20 Oct

The government has blocked fraudulent Goods and Services Tax (GST) refund claims worth Rs 1,875 crore involving 1,377 exporters after their addresse ...

Read more orange-arrow
Calcutta high court allows the assessee to make copy of seized documents.
18 Oct

The High Court of Calcutta has held that the taxpayer is empowered to make a copy of the seized document under Section 67 (5) under Chapter XIV of the ...

Read more orange-arrow
GST fraud: 1,377 ‘risky exporters’ who claimed Rs 1,875 crore refunds not traceable in principal place of business.
18 Oct

NEW DELHI: Over 1,300 exporters who had claimed GST tax refunds of Rs 1,875 crore were untraceable at their principal place of business in a massive v ...

Read more orange-arrow
GST collection in West Bengal drops marginally in June
17 Oct

Collection of revenue under Goods and Services Tax (GST) from centrally administered assessees in West Bengal dropped marginally in June 2020, an of ...

Read more orange-arrow
Chartered Accountant accused of Rs. 100 Crore GST scam was allowed bail by Rajasthan High Court
17 Oct

The High Court of Rajasthan allowed the bail to the person alleged to have created fake invoices to wrongfully availing input tax credit (ITC). T ...

Read more orange-arrow
GST is applicable on Transfer of a business as a going concern
16 Oct

The Andhra Pradesh Authority of Advance Ruling (AAR) ruled that the business of the applicant, Shilpa Medicare Limited of Andhra Pradesh unit, as a ...

Read more orange-arrow
CBIC issues clarification on GST on Hand Sanitizers.
16 Oct

It is stated that hand sanitizers attract GST at a rate of 18%. Sanitizers are disinfectants like soaps, anti-bacterial liquids, Dettol, etc which a ...

Read more orange-arrow
GST refund issues faced by exporters as government makes invoice matching compulsory for input tax credit
16 Oct

Many exporters are facing a working capital crunch as they have run into refund problems after a recent government circular said exporters would not b ...

Read more orange-arrow
Supply of Mud Engineering Services doesn’t Qualify as Composite Service, hence no GST applicable
15 Oct

The Andhra Pradesh Authority of Advance Ruling (AAR) ruled that the Goods and Service Tax (GST) is not applicable to the supply of mud engineering s ...

Read more orange-arrow
Due date for filing annual return by composition dealers for 2019-20 extended till August 31
15 Oct

The government has extended the due date for filing annual return by composition dealers for 2019-20 till August 31. The Central Board of Indire ...

Read more orange-arrow
Copy of Seized Documents under GST can be made by assessee: Calcutta HC
15 Oct

The High Court of Calcutta has held that the taxpayer is empowered to make a copy of the seized document under Section 67 (5) under Chapter XIV of t ...

Read more orange-arrow
GST at the rate of 18% is applicable on Alcohol based hand sanitizers
14 Oct

The Authority consists of members J.K. Meena and Sarita S. Gadgil ruled that Alcohol-Based Hand Sanitizers manufactured by the applicant are covered b ...

Read more orange-arrow
GST consensus under strain as revenues dry up in states
14 Oct

Consensus has guided 40 meetings of the Goods and Services Tax (GST) Council since its inception, but differences between the Centre and fiscally st ...

Read more orange-arrow
GST on maintenance is valid: AAR to south Mumbai society
14 Oct

In a setback to a Nariman Point cooperative housing society (CHS), the GST-Authority for Advance Rulings, Maharashtra, has held that its activities ...

Read more orange-arrow
Prasad Cinema Penalised by GST Anti-Profiteering Body
13 Oct

The government’s GST probe body has held that Hyderabad’s Prasad Cinema profiteered as it failed to reduce ticket prices even after the applicable goo ...

Read more orange-arrow
GST on auto fuels will aid oil firms, customers
13 Oct

Bringing petrol and diesel under the Goods and Services Tax (GST) regime will help retail consumers, commercial entities and oil companies. The fixing ...

Read more orange-arrow
Gaursons Realtech found guilty of profiteering Rs. 20 Crore
13 Oct

The GST anti-profiteering authority has found Ghaziabad-based Gaursons Realtech guilty of not passing on lower tax rate benefits worth Rs ...

Read more orange-arrow
GST Compensation Period: States likely to push for 5 year extension
11 Oct

Witnessing a sharp decline in the GST revenue due to the pandemic and the following lockdown and disruptions in economic activities across the count ...

Read more orange-arrow
No GST is levied on Admission or Membership Fees: Maharashtra AAAR
11 Oct

Membership or admission fee collected by clubs cannot be termed as supply of service and therefore is not liable to goods and services tax (GST), th ...

Read more orange-arrow
Punjab and Haryana HC allows to avail TRAN-1 credit in July 2020 3B return
11 Oct

The High Court of Punjab and Haryana directed the Goods and Service Tax (GST) Authority to permit Petitioner to upload TRAN-I on or before June 30, ...

Read more orange-arrow
IT Software related Consulting Services in Oracle ERP are liable to GST: AAR
10 Oct

The Authority ruled that GST is applicable to IT software related consulting services in Oracle ERP as the said activity satisfies the conditions of S ...

Read more orange-arrow
Centre-state ties under strain as revenues dry up
10 Oct

After the June Goods and Services Tax (GST) Council meeting, Finance Minister Nirmala Sitharaman had said the government was planning to have a single ...

Read more orange-arrow
Govt moves SC against Bharti Airtel
09 Oct

The central government has moved the Supreme Court challenging a Delhi High Court (HC) order that allowed Bharti Airtel to claim goods and services ta ...

Read more orange-arrow
Mis-classification of hand sanitisers results in quarrel between Government and Industry
09 Oct

Multiple goods and services tax (GST) rates have now become a bone of contention between hand sanitiser manufacturers and the government.
Last mont ...

Read more orange-arrow
GST committee considering demand for extending FY20 returns filing date for composition dealers
08 Oct

The CBIC on Tuesday said the GST Implementation Committee is considering the demand for extending the due date for filing of annual return for 2019-20 ...

Read more orange-arrow
18% applicable on GST on Depository Contribution Works
08 Oct

The Authority consists of members Manasa Gangotri Kata and Thiru Kurinji Selvan V.S., while saying TANGEDCO is a ‘Government Entity, ruled that GST is ...

Read more orange-arrow
Maharashtra AAR ruling provides GST relief to MNCs on expats salary
08 Oct

A  recent observation by Maharashtra Authority of Advance Rulings (AAR) resulted in the ruling that GST will not be applicable if the Indian proj ...

Read more orange-arrow
12% GST on Agreement of Supply of Services on Transportation of Goods by Road
07 Oct

The Maharashtra Authority of Advance Ruling (AAR) ruled that 12% of GST is applicable to the agreement of supply of services in relation to transporta ...

Read more orange-arrow
Resolution Professionals / Liquidators queue up to avail GST Registrations in their own Names at the earliest: MCA & CBIC to Rethink
07 Oct

A recent GST ruling of the West Bengal Authority of Advance Ruling has mandated that a resolution professional since he is selling goods, has to be re ...

Read more orange-arrow
No GST on Salary Expenses Accounted to meet Indian Accounting Requirements
06 Oct

The applicant sought the advance ruling on the issue of whether the Goods and Services Tax is applicable to the accounting entry made for the purpose ...

Read more orange-arrow
Software services to Indian firm's overseas client liable to GST
06 Oct

A firm that provided software-related consultancy services in Oracle ERP sought AAR seeking a ruling on whether the services provided by it to the for ...

Read more orange-arrow
GST consensus under strain as revenues dry up in states
06 Oct

Consensus has guided 40 meetings of the Goods and Services Tax (GST) Council since its inception, but differences between the Centre and fiscally stre ...

Read more orange-arrow
Nil Late Fee on GSTR-3B: System not Updated, Excess Amount would be re-credited soon
03 Oct

The Goods and Services Tax portal has today said that the system has not been updated according to the change in the late fee for the delay in GSTR-3B ...

Read more orange-arrow
GSTN issues Advisory on Filing NIL Form GSTR-1 through SMS on GST Portal
03 Oct

The Goods and Services Tax Network ( GSTN ) has issued the advisory on filing NIL Form GSTR-1 through SMS on GST Portal. A taxpayer may now file NIL F ...

Read more orange-arrow
June GST collections stand at Rs 90,917 crore
02 Oct

Goods and service tax (GST) collections for June 2020 clocked Rs 90,917 crore at gross levels, 9% lower than the same month last year.The collections ...

Read more orange-arrow
Auto manufacturers demand reduction in GST from 28 to 18%
02 Oct

Worried over huge losses due to Covid-19, auto parts manufacturers in Ludhiana are demanding that Goods and Services Tax (GST) be reduced from 28% to ...

Read more orange-arrow
GST 3.0 can prove to be a harbinger of growth and revival
01 Oct

Moving further towards a simplified and technology-enabled robust GST system is not only critical for sustainable growth but also imperative for ease ...

Read more orange-arrow
As GST enters fourth year, biggest challenge would be to devise ways to compensate the states
01 Oct

GST faces its toughest test as it enters its fourth year. The upcoming challenge to GST, however, does not stem from its design or structure or the wa ...

Read more orange-arrow
Central GST Revenue Drops 70% For March-April
01 Oct

The central government’s share in the goods and services tax collected in April and May fell to about a third of what it was a year earlier as the Cov ...

Read more orange-arrow
Centre needs to borrow and make up for states’ GST losses
30 Oct

The central government has no other go, but to borrow from the market and make up for states’ Goods and Services Tax (GST) losses even though this obl ...

Read more orange-arrow
Traders will be able to file GST Return through SMS
30 Oct

The government collects GST from everyone but sometimes we are not able to process GST returns, now taxpayer traders in Goods and Services Tax (GST) c ...

Read more orange-arrow
Realty firms have time till Jun 30 to pay GST on shortfall in input procurement from dealers
29 Oct

Real estate companies that opted for lower GST rates of 1 per cent and 5 per cent from April 1, 2019, but could not procure 80 per cent of the total s ...

Read more orange-arrow
CBIC further extends Time Limit for Completion or Compliance of any Action, till Aug 30, 2020
29 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Saturday notified the further extension of the limit for completion or compliance of any act ...

Read more orange-arrow
GST Council borrowings for compensation needs to widen general govt debt
27 Oct

Any borrowing by the GST Council to make good the shortfall in revenue of states would add up to the debt of both the central and state governments, t ...

Read more orange-arrow
CBIC notifies corrigendum for Amended GST Rates under GST Composition Scheme and Waiver of Late Fee for delay in filing GSTR-1- March to June 2020
27 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on 26-06-2020 issued the Corrigendum for the amended GST rates under GST Scheme and Waiver of l ...

Read more orange-arrow
CBIC waives off late fee on late GST filing
26 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has notified waiver of late fee, capping of late fee at Rs 500 in some cases, interest payable ...

Read more orange-arrow
Karnataka taxmen detect 60 GST registrations linked to Chinese national
26 Oct

The Commercial Taxes Department has sealed off an undeclared warehouse with imported goods worth Rs 4 crore in Bengaluru with 60 GST registrations lin ...

Read more orange-arrow
After paratha, ready-to-eat popcorn to attract 18% GST,
25 Oct

Ready-to-eat popcorn, which is typically associated with fun times, will fall under the 18% GST bracket, Authority for Advance Rulings (AAR) said in a ...

Read more orange-arrow
GST Registration is required for Medical Stores run by Charitable Trust
25 Oct

The applicant, M/s Nagri Eye Research Foundation is a Charitable Trust and is running a medical store where medicines are given at a lower rate and th ...

Read more orange-arrow
Companies facing cash crunch may have to reverse GST credit on delayed payments to vendors
24 Oct

Companies which have postponed vendor payments due to a liquidity crunch brought on by the Covid-19 crisis will have to face further working capital w ...

Read more orange-arrow
No GST on Security Service and Supply of Manpower to Government Departments
24 Oct

The Authority consisting of Sanjay Saxena and Mohit Agarwal ruled that the applicant is eligible to claim exemption benefit under Sr. No.3 of Notifica ...

Read more orange-arrow
28% of GST is applicable on Manufacturing of Change over Switch, Emulator, Timing Advance Processor, Pressure Gauge
23 Oct

The Gujarat Authority of Advance ruling (AAR) that the 28% (14% SGST and 14% CGST) of Goods and Service Tax (GST) is applicable to the manufacturing o ...

Read more orange-arrow
Kerala becomes the first State to adopt second level verification for new GST registrations
23 Oct

In an effort to curb ‘benami’ businesses under the Goods and Services Tax (GST) regime, Kerala has become probably the first State to introduce second ...

Read more orange-arrow
PPF, bank interest to be included for calculating GST registration threshold
23 Oct

An individual, not engaged in any business, had filed an application before the Gujarat bench of AAR asking whether interest received from the savings ...

Read more orange-arrow
ITC cannot be availed on GST paid for hiring vehicles for employee transportation
22 Oct

Companies will not be able to claim an input tax credit (ITC) for GST paid on hiring commercial vehicles for transportation of employees, if providing ...

Read more orange-arrow
Developed land sold as plots will attract GST
22 Oct

GST will be levied on the sale of land for which primary amenities - such as drainage, waterline, and electricity - have been provided by real estate ...

Read more orange-arrow
Kerala to Conduct Verification in premises of Newly Registered Persons under Central Jurisdiction
22 Oct

The Commissioner of State Tax, Kerala issued circular empowering the enforcement squads to conduct verification in the business place of such new GST ...

Read more orange-arrow
Supreme Court stays Delhi HC Judgment directing Dept to open GST TRAN-1 till 30th June 2020
20 Oct

The Supreme Court of India today stayed Delhi High Court Judgment directing GST Department to open the facility to file GST Tran-1 till 30th June 2020 ...

Read more orange-arrow
Now pay GST on purchase of plots too
20 Oct

In what could lead to a major setback for the real estate sector, the Gujarat Advance Ruling Authority (AAR) has recently passed an order saying that ...

Read more orange-arrow
18% GST applicable on Royalty Paid for Licensing Services for Right to Use Minerals including its Exploration and Evaluation
20 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that 18% of GST is applicable to the royalty paid for Licensing services for the right to use mine ...

Read more orange-arrow
Interest on PPF, savings bank deposit to be included for calculating GST registration threshold
19 Oct

The value of exempted income, like interest on PPF, savings bank account and loans given to family/friends, will be included along with taxable suppli ...

Read more orange-arrow
GST trouble for aviation, hospitality and travel companies
19 Oct

Several aviation, hospitality, and telecom companies are facing the dual burden of paying Goods and Services Tax (GST) dues in cash even as input tax ...

Read more orange-arrow
Goods purchased, sold overseas liable to GST in India
19 Oct

The Gujarat Authority on Advance Rulings has said that goods and services tax (GST) will be payable on goods sold to an overseas customer shipped dire ...

Read more orange-arrow
Indore-based businessman held for GST evasion worth Rs 233 crore
18 Oct

Indore-based businessman Kishore Wadhwani has been arrested by the regional unit of the Directorate of GST Intelligence for alleged evasion of GST to ...

Read more orange-arrow
Coffee growers seek extension of loan moratorium, exemption of GST on inputs
18 Oct

The coffee growers and the coffee industry, which has financial loss estimated at ₹700 crore owing to lockdown due to COVID-19 pandemic, have demanded ...

Read more orange-arrow
GST late fee waiver unfair, say those who have paid
17 Oct

GST council's decision to waive late fee for assesses who have not filed any of their GST returns from July 2017 till March 2020 has raised several ey ...

Read more orange-arrow
Delhi HC directs GST Authority to Open Online Portal to enable Petitioner to File revised declaration TRAN-1 electronically or manually
17 Oct

The High Court of Delhi recently directed the GST Authority to open an online portal to enable Petitioner to file revised declaration TRAN-1 electro ...

Read more orange-arrow
Officials push for hike in GST levies
16 Oct

It may not be politically palatable, but officials are pushing for quickly reworking GST slabs, along with a rise in levies, while correcting the inve ...

Read more orange-arrow
Allow airlines to use GST credit on spares for economy-class operations, say experts
16 Oct

After failing to get any major stimulus for the airline sector, major domestic airlines want the Government to allow the GST credit on spares be used ...

Read more orange-arrow
Lockdown delays new GST registrations
15 Oct

Businesses applying for goods and services tax (GST) registrations have faced delays of as many as 60 days during the lockdown period, compared to the ...

Read more orange-arrow
CBIC clarifies on Ready-to-eat frozen parotas to attract 18% GST and 5% for plain parotas
15 Oct

The Central Board of Indirect Taxes and Customs (CBIC) in a series of tweets clarified on Friday that the Authority of Advance Ruling (AAR) has decide ...

Read more orange-arrow
GST Council Meet: Relief for small taxpayers
13 Oct

The Goods and Services Tax Council on Friday decided to further ease compliance burden of businesses by providing relief on late free and interest pay ...

Read more orange-arrow
GST Council halves interest on delayed filing of returns
13 Oct

In a relief to small taxpayers with turnover up to Rs 5 crore, the GST Council on Friday halved the interest on delayed filing of GST returns for Febr ...

Read more orange-arrow
Parotas are not rotis and will attract a higher GST of 18%
13 Oct

A non-finicky eater couldn’t care less if he or she is having rotis or parotas for dinner. After all, they are both a kind of Indian bread, typically ...

Read more orange-arrow
GST Council set to meet today, likely to debate cess shortfall
12 Oct

The shortfall in goods and services tax (GST) cess collection, used for compensating states for their revenue losses, and the proposed compliance reli ...

Read more orange-arrow
Salaries paid to company directors not to attract GST
11 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday said GST will not be levied on salaries paid to directors who are employees of the ...

Read more orange-arrow
CBIC extends Data of Transition under GST of Daman & Diu and Dadra & Nagar Haveli till July 31, 2020
11 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday extended data of transition under Goods and Service Tax (GST) of Daman & Diu &am ...

Read more orange-arrow
CBIC extends the validity of E-Way Bill till June 30, 2020
11 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday extended the validity of Electronic Way (E-way) (E-way) bills till June 30, 2020, fo ...

Read more orange-arrow
GST Council urged to levy COVID19 cess on tobacco products, to generate Rs 50,000 crore
10 Oct

Public health groups along with doctors and economists have urged the GST Council to levy a special COVID19 cess on tobacco products to raise the reve ...

Read more orange-arrow
Telangana AAR rules Applicability of GST on Ice Cream, Allied Products and Milk Shakes
10 Oct

The Authority of Advance ruling (AAR) ruled on the applicability of Goods and Service Tax (GST) on ice cream, allied products, and milkshakes. The app ...

Read more orange-arrow
Centre Allows Filing Of SMS-Based Nil GST Return, To Benefit 22 Lakh Taxpayers
09 Oct

The government allowed the filing of nil monthly returns of goods and services tax (GST) through an SMS-based facility, in a bid to facilitate the tax ...

Read more orange-arrow
Government rolls out faceless customs assessment
09 Oct

The new procedure called ‘turant customs’ seeks to offer quick clearance of imports after a remote and faceless assessment by officials located outsid ...

Read more orange-arrow
GST reduction, scrappage policy to help revive CV industry: Ashok Leyland
08 Oct

Reduction in GST rate and introduction of scrappage policy would help in reviving the commercial vehicle sector which has been facing headwinds for qu ...

Read more orange-arrow
18% GST applicable on Leased Premises for Cold Storage purpose of Agriculture Produce on Leasing Charges
08 Oct

The authority consists of Additional Commissioner of State Tax J. Laxminarayana and Joint Commissioner of Central Tax B. Raghukiran ruled that 18% of ...

Read more orange-arrow
GST Council to meet on June 12
06 Oct

The GST Council is scheduled to meet on June 12 and likely to discuss the impact of the COVID-19 pandemic on tax revenues, sources said. The 40th meet ...

Read more orange-arrow
GST collections for business activities in April drop to Rs 43,000 crore
06 Oct

As business activities came to a virtual standstill mode during the month of April owing to the COVID-19 pandemic-led lockdown, the goods and services ...

Read more orange-arrow
Centre releases Rs 36,400-crore GST compensation to states
05 Oct

Ahead of the Goods and Services Tax (GST) Council meeting next week, the Centre on Thursday released compensation worth Rs 36,400 crore to states for ...

Read more orange-arrow
Rohtak records 67 per cent fall in GST collection
05 Oct

The lockdown has taken a toll on the collection of the Good and Service Tax (GST) with the district witnessing more than 67 per cent fall in tax colle ...

Read more orange-arrow
GST NAA finds Philips India guilty of profiteering Rs 4.53 lakh
04 Oct

The GST anti-profiteering authority has found Philips India guilty of not passing on GST rate cut benefit of more than Rs 4.53 lakh to consumers.The a ...

Read more orange-arrow
GST blow to agriculture-based horse racing industry in Bengaluru
04 Oct

The crippling burden of tax has eaten into the reserves of turf clubs, leaving them with few options to shore up their fortunes and raising the prospe ...

Read more orange-arrow
GST Council to discuss waiver of late fee for August 2017 to January 2020
02 Oct

The GST Council in its next meeting will discuss waiver of late fee for non-filing of GST returns for August 2017 to January 2020 period.In a tweet, t ...

Read more orange-arrow
GSTN enables registration functionality for companies under IBC
02 Oct

The Goods and Services Tax Network (GSTN) on Sunday announced a new registration functionality for erstwhile registered entities who are now corporate ...

Read more orange-arrow
Large companies fear losing out on GST credit if vendors, suppliers go bankrupt due to Covid crisis
01 Oct

With many small and medium enterprises staring at bankruptcy or severe business disruption due to the Covid-19 crisis, large companies that buy raw ma ...

Read more orange-arrow
GST Council Meeting Likely to be Held on June 14 Via Video Conferencing
01 Oct

Amid pressure on tax collection, the all-powerful GST Council meeting is likely to be held on June 14, the first such meeting after the outbreak of CO ...

Read more orange-arrow
Central GST collection falls 87% in April amid lockdown
01 Oct

Central goods and services tax (CGST) collection stood at Rs 5,934 crore in April, a fall of 87 per cent compared with the Rs 46,848 crore collected i ...

Read more orange-arrow
Finance ministry not in favour of raising GST rates on non-essential items
30 Oct

The finance ministry is not in favour of raising Goods and Services Tax (GST) rates even on non-essential items at a time its revenue collections are ...

Read more orange-arrow
A body supporting farmers urged the Centre to cut cigarette taxes to pre-GST levels
30 Oct

A body supporting farmers on Friday urged the Centre to be mindful of the financial distress of tobacco farmers amid the COVID pandemic and to reduce ...

Read more orange-arrow
Supply services of Food and Drinks to Educational Institutions exempted from GST
29 Oct

The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the supply of services made by the applicant in the form ...

Read more orange-arrow
CBIC enables Facility for Registration of Insolvency Resolution Professionals on GST Portal
29 Oct

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the facility for registration of Insolvency Resolution Professionals/ Resolution ...

Read more orange-arrow
18% GST applicable on Works Contract for NCBS
29 Oct

The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the work contract service provided by the applicant to th ...

Read more orange-arrow
28% GST is applicable on Retrofitted Vehicle
28 Oct

The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the retrofitted vehicle merits classification under headi ...

Read more orange-arrow
No ITC can be claimed on Tax Invoice addressed to Foreign Buyer, If the Applicant is not Recipient of Goods
28 Oct

The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that in the case of manufacture of Die by the applicant and in ...

Read more orange-arrow
Consumer companies seek GST cut to help push sales
27 Oct

Consumer-facing companies including makers of biscuits, ayurveda products, soaps and shampoos have asked the government to reduce the goods and servic ...

Read more orange-arrow
CBIC clears Rs 11,052 cr GST refund claims since April 8
27 Oct

The Central Board of Indirect Taxes ( CBIC) on Monday said it has sanctioned GST refund claims worth Rs 11,052 crore in 47 days. In a tweet, the CBIC ...

Read more orange-arrow
Tamil Nadu extends dates for GST compliances
26 Oct

The state government has promulgated the Tamil Nadu Goods and Services Tax (Amendment) Ordinance, 2020 on Friday to amend the Tamil Nadu Goods and Ser ...

Read more orange-arrow
Finance Ministry has clarified on no plans to impose Covid cess on GST
25 Oct

The finance ministry has no plans to impose a calamity cess on the goods and services tax (GST) to raise resources for dealing with the Covid-19 pande ...

Read more orange-arrow
India rules out GST waiver for businesses to fight virus woes
25 Oct

India’s Finance Ministry has ruled out GST waiver or deference to businesses as part of the economic relief package to help them cope with the situati ...

Read more orange-arrow
Calamity cess on GST: plan on Govt table to tide over Covid crisis
23 Oct

In line with the disaster relief cess introduced in Kerala last year following the monsoon floods of 2018, the central government is considering a cal ...

Read more orange-arrow
Maharashtra Govt. issues Clarification for Speedy Refund, Relaxes Monetary Limit for ‘approval’
23 Oct

The Government of Maharashtra issued the circular clarifying the procedure to be followed for approval of the speedy Goods and Service Tax (GST) refun ...

Read more orange-arrow
Whatsapp allowed for GST, excise related virtual hearings
22 Oct

Virtual hearing of all demand notices relating to indirect taxes including goods and services tax (GST) can be done through Whatsapp, authorities in T ...

Read more orange-arrow
Centre gives Rs 15,340 crore as GST compensation to states
22 Oct

The Centre has released 15,340 crore to states as GST compensation despite insignificant tax collection due to relief provided in terms of filing of r ...

Read more orange-arrow
GST Analytics wing to identify risky suppliers to exporters