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The Civil Aviation Ministry has asked the Finance Ministry to bring Alcohol, Tobacco, and Firearms under GST

26 Jul

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 ...

Charitable trust running medical store required to register for GST - Gujarat HC

26 Jul

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 ...

Civil Aviation Ministry Asks MoF to put ATF under GST

24 Jul

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 ...

Charitable trust running medical store required to register for GST: Gujarat HC

24 Jul

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 ...

Discrimination in terms of Time Limit to allow availment of ITC is Arbitrary and Unreasonable: Kerala HC

23 Jul

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 ...

PIL seeks setting up of GST tribunal to cut backlog of cases

23 Jul

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 ...

GST intelligence unearths Rs 338 crore fake invoicing racket in Assam

23 Jul

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 ...

Centre begins review of legal issues in GST

22 Jul

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 ...

Suppliers passed on Fake ITC for which Taxpayer claims GST Refund

22 Jul

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 ...

Pvt coaching institutes not 'educational institutions', liable to pay GST

21 Jul

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

CBIC clarifies Extension of Limitation under GST Law in terms of Supreme Court’s Order

21 Jul

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 ...

Centre owes Rs 6,876 crore GST compensation to Punjab

21 Jul

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 ...

Centre waives Import Duty, GST on Rs 16cr Gene Drug for Toddler

19 Jul

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 ...

Rajasthan High Court allows IGST Refund on Ocean Freights

19 Jul

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 ...

Government tenders to attract GST, deemed as service

17 Jul

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 ...

Kerala gets ₹4,122 cr. GST dues

17 Jul

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 ...

Reimbursement of additional discount to distributor will attract GST, says Kerala AAAR

17 Jul

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 ...

Finance ministry releases Rs 75,000 crore to states and UTs, nearly half of FY22 GST compensation shortfall

16 Jul

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 ...

ITC not allowable on Food and Beverages consumed in Industrial Canteen: AAR

16 Jul

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

GST only on monthly maintenance over Rs 7,500: Madras HC

15 Jul

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 ...

Special GST Council meet likely in August after monsoon session of Parliament

15 Jul

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 ...

Karnataka govt proposes to reimburse GST on movie tickets

15 Jul

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 ...

Kerala CM meets PM, seeks GST dues clearance

14 Jul

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 ...

GST officials book 8,000 cases involving fake ITC of over Rs 35k cr in FY21

14 Jul

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 ...

12% GST on unbranded chips too: Kerala AAR

14 Jul

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 ...

18% GST on houseboat business, but ITC available: Kerala AAR

14 Jul

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 ...

Kerala AAR: 18% GST levy applies on house-boat services but ITC available

13 Jul

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

GST is inherently regressive, the model overly centralised: Tamil Nadu’s FM

13 Jul

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 ...

12% GST on Chips, Sharkarai varatty, Roasted and Salted Cashew nuts, Namkeens: AAR

13 Jul

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 ...

GST officers bust network of 23 firms for fraudulently claiming Rs 91 crore ITC

12 Jul

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 ...

18% GST forces hotels to junk biodegradable packaging

12 Jul

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

50 Bihar firms raided which caused ₹171 crore loss in GST

12 Jul

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

Bringing petroleum products and electricity under GST should be top focus

10 Jul

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 ...

Charging Rs 4.50 GST on soft drink costs Swiggy Rs 20,000

10 Jul

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 ...

Karnataka reports marginal increase in GST collection in Q1

09 Jul

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 ...

Confusion over GST on annuity from govt: Infra companies under taxman’s lens

09 Jul

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

Authorities tracking RFID data to detect GST evasion, fraud

09 Jul

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

GST officials tap radio frequency data to detect tax evasion, fraud

08 Jul

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

Plea for no GST levy on royalty, dead rent paid by mining concession holders

08 Jul

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 ...

Good news for taxpayers, Centre gives another opportunity to file GST returns without penalty

08 Jul

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 ...

Centre Seeks States' Consent To Start GST Borrowing

08 Jul

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 ...

Amazon’s wholesale arm now lets customers claim GST credit while shipping to GST unregistered states

07 Jul

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 ...

Centre owes Rs 30,352 crore to Maharashtra in GST dues: Ajit Pawar

06 Jul

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

Delhi govt. collects Rs 5,281 crore GST in first quarter of current financial year

06 Jul

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 ...

Gujarat GST body wants tax on International Service Entities

05 Jul

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

Foreign crypto exchanges in India may have to pay 18% GST

05 Jul

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

GST collection in Himachal rises by 7 per cent in June 2021

05 Jul

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 ...

GST milestone in India's economic landscape: PM Narendra Modi

01 Jul

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 ...

GST 4th Anniversary: Finance ministry to issue Appreciation Certificates to GST payers

01 Jul

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 ...

GST has reduced rate at which people have to pay tax: Nirmala Sitharaman

01 Jul

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 ...

Industry bodies to take up GST points with govt; GST to mark four years on July 1

30 Jul

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

GSTN enables Functionality to Register Complaint on Misuse of PAN in GST Registration

30 Jul

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 ...

Allow buyers to claim ITC even if supplier defaults in depositing GST: PHD Chamber

30 Jul

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 ...

Fake GST Invoice Racket Of Rs. 106 Crore Unearthed In Odisha

29 Jul

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 ...

Haryana approves GST reduction on services related to Covid management

29 Jul

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

No GST payable on Imparting Training to Students Sponsored by Central or State Govt: AAR

29 Jul

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. ...

Goa notifies GST reduction for Covid drugs, equipments

28 Jul

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

Private Equity industry players unhappy over GST on fund management fees

28 Jul

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 ...

Orissa HC asks auto driver to reply to GST notice over Rs 148 crore fraud

28 Jul

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 ...

Medicaments or disinfectants: Companies, taxmen disagree over GST on sanitisers

26 Jul

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 ...

Experts divided on Kerala High Court order seeking decision on GST on petrol, diesel

26 Jul

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 ...

GST officials seize Rs. 1.7 crore from a private bank locker

26 Jul

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 ...

GST Officers to collect evidence against suppliers denying GST Rate Cut benefits on COVID-19 essentials

25 Jul

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

GST: No Resolution For A Four-Year-Old Annuity Problem

25 Jul

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

Better GST mop-up likely: In 20 days, June e-way bills rise 34% over month ago

25 Jul

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 ...

Bengal FM asks Sitharaman for ‘course correction’ in GST Council Meetings

24 Jul

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

Kerala HC asks GST Council to decide to bring petroleum products under GST

24 Jul

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 ...

Unpaid GST dues to states for FY21 stands at Rs 74,398 crore

24 Jul

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 ...

GST authorities uncovers network of firms dealing in fake invoice

23 Jul

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

Fintech, IT/ITeS companies with tripartite pacts under GST scanner

23 Jul

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

GST Compensation Cess May Stretch Beyond 2024 To Clear Arrears, Borrowings

23 Jul

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 ...

Petrol, diesel under GST: HC asks Centre to decide

22 Jul

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

CBIC issues clarification on Applicability of Dynamic QR Code on B2C Invoices

22 Jul

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 ...

GST bogus billing scam: ₹40 lakh seized from Ludhiana hosiery trader

22 Jul

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 ...

Maruti Suzuki reduces prices of Eeco ambulance with reduced GST rates

21 Jul

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 ...

Trade bodies seek removal of deficiencies in GST system

21 Jul

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 ...

Odisha: Lockdown likely to hit GST collection in June

21 Jul

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 ...

GCCI urges Goa CM to withdraw additional COVID cess on GST for pharma industry

18 Jul

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 ...

No GST on Entrance Exam Fee National Board of Examinations: CBIC

18 Jul

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

Centre Releases GST Compensation Cess Of Rs 21,000 Crore To States

18 Jul

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 ...

CBIC notifies reduced GST rates on Covid-related medicines, equipment

16 Jul

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

Numbers of E-Way Bills indicate forthcoming rise in GST collections

16 Jul

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 ...

5% GST on Construction Services for Funeral, Burial or Cremation till 30th Sept

16 Jul

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 ...

GST Council becoming authoritarian and majoritarian: Bengal FM Amit Mitra

15 Jul

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

12% GST on Service of Operating Mini AC Buses: AAR

15 Jul

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 ...

Centre to share 70% of vaccine revenue with states: FM Sitharaman

14 Jul

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

Amnesty scheme for state GST goes live

14 Jul

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

Karnataka to get Rs 18k crore this fiscal to offset GST compensation shortfall

12 Jul

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 ...

Congress wants Modi govt should bring petrol and diesel under GST

12 Jul

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

DGGI uncovered fake invoice supply racket in Nagpur

12 Jul

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

GST Council to discuss compensation cess extension, vaccine tax exemption on 12th June 21

11 Jul

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 ...

Opposition-ruled states likely to maintain demand of zero-rate GST on Covid-19 vaccines

10 Jul

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 ...

Patna HC quashes Ex-Parte Order since Natural Justice Principles were not followed

10 Jul

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 ...

Orissa High Court relief for GST related litigants

10 Jul

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 ...

Group of Ministers suggests cut in GST on Covid relief material to 5 per cent

08 Jul

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 ...

Six states seeking extension of the compensation period on demerit goods

08 Jul

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 ...

Gujarat govt’s GST collection rises despite Covid second wave

08 Jul

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 ...

Liaison office has to pay GST: AAR

05 Jul

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 ...

Turf clubs liable to pay GST only on commission: Karnataka HC

05 Jul

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 ...

GoM for retaining 5% tax on Covid jabs while tax cut on PPEs, ventilators, sanitisers

05 Jul

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 ...

GST: Relief For Land Owners As Council Fixes Credit Problem

04 Jul

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 ...

1st GST GoM meet: Talks on ‘tax cuts for benefit of people’

04 Jul

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

GST collection went down 42% in April 2021 in Karnataka

04 Jul

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 ...

Relaxing certain GST compliances is the need of the hour

03 Jul

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 ...

Punjab Minister writes to FM, wants GIC suggestions accepted by GST Council

03 Jul

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

Centre, states may disagree over GST compensation beyond FY22

02 Jul

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

Congress CMs protest against exclusion from GoM

02 Jul

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

Last month Maharashtra GST receipts down 36% over April, but up 59% from May 2020

02 Jul

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 ...

Monthly GSTR-1 return filing deadline extended till June 26

01 Jul

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 ...

GST Council adopts casual approach while Indian economy burns

01 Jul

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 ...

GST Council urged to increase compensation cess on tobacco products

01 Jul

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 ...

Late fee relief to non-filers of GST returns to help small businesses, add to revenue, say experts

31 Jul

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 ...

GST council meet left out two important demands

31 Jul

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 ...

Centre's FY22 GST compensation estimated to be higher than projected Rs 1.58 lakh cr: Opp-ruled states

31 Jul

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 ...

Covid-19 relief material, black fungus drug exempted from tax; return filing simplified

29 Jul

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

Telangana opposes GST on neutral alcohol

29 Jul

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 ...

State ministers to examine levy of GST at manufacturing stage for pan masala, brick kilns sectors

29 Jul

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 ...

Stage set for a stormy GST meet today

28 Jul

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 ...

CAIT seeks extension of GST return filings deadline

28 Jul

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 ...

Hospitality industry body wrote to finance minister seeking support ahead of GST Council meet

28 Jul

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. ...

Footwear, readymade garments likely to attract higher rates of GST

27 Jul

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 ...

FY'22 GST compensation shortfall estimated at Rs 2.69 lakh crore

27 Jul

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 ...

GST Council likely to announce amnesty on delayed returns

27 Jul

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 ...

GST panel rejects demand for tax waiver on Covid-19 vax & ventilator

26 Jul

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 ...

Bombay HC dismisses Coca-Cola India unit's writ challenging show-cause notice

26 Jul

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 ...

GST Council meet will discuss about Pvt. fintech firms set to enter e-invoicing zone

26 Jul

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

Merger of GST slabs likely to take time

25 Jul

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 ...

GST council to look at proposals on taxing Covid-19 vaccines

25 Jul

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 ...

Small businesses seek waiver of penalty and interest and relaxation for return filing till June

24 Jul

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 ...

Odisha Finance department: GST fraud grows on the cost of poor

24 Jul

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 ...

States likely to ask for five-year extension of GST compensation

24 Jul

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

GST collections of May likely to drop 30% compared to April

22 Jul

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 ...

Delhi High Court quashes GST on oxygen concentrators

22 Jul

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 ‘ ...

The supply of food items under govt. scheme to ITIs and schools are exempted from GST

21 Jul

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 ...

Tourism sector seeks GST concessions for revival

21 Jul

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

E-way bill integrated with FASTag, RFID: GST officers to get real-time data of commercial vehicles

20 Jul

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 ...

CBIC rationalises GST refund provisions

20 Jul

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

Taxpayers worried over GST deadline relief

19 Jul

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- ...

Haryana allows reimbursement of GST on Covid items’ donations

19 Jul

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

Daily e-way bill generation falls to one-year low due to 2nd covid wave

18 Jul

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 ...

Madhya Pradesh demands to fix GST on Covid medicines, equipment at 0.1%

18 Jul

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 ...

Credit card expenses by Indian subsidiary of MNC liable for GST

18 Jul

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 ...

Bengal's GST collection slashes Centre's burden

17 Jul

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 ...

GST Council meet on May 28, waiver of tax on medicines on agenda

17 Jul

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 ...

CBIC launches drive to clear all pending GST refund claims by May-end

17 Jul

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 ...

GST exemption can be extended to life-saving COVID medicines by 'Zero rating system'

15 Jul

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 ...

CENVAT Credit on Input Services used for procurement of crude oil

15 Jul

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.“ ...

Tamil Nadu CM writes to PM Modi, asks GST to be removed on Covid-19 vaccines

14 Jul

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 ...

Vaccines will be costlier if GST exempted, say experts

14 Jul

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 ...

Amit Mitra urges Sitharaman to call GST Council meet

13 Jul

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 ...

Solar Developers' plea for GST compensation dismissed by MERC

13 Jul

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 ...

HC refuses bail to the man accused of GST fraud

12 Jul

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 ...

Centre can cut GST rates on COVID-19 vaccines, critical supplies, say experts

12 Jul

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 ...

FoIJ demands extension in filing of GST reimbursement, claims

11 Jul

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

SFI approaches SC seeking GST waive off on Oxygen Concentrators for Personal use

11 Jul

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 ...

Now you can track refund application without logging into GST Portal

10 Jul

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 ...

GST exemption on domestic supplies, commercial imports of Covid drugs to make them costlier: FM

10 Jul

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

GSTN issues Module wise New Functionalities deployed on GST Portal for Taxpayers

08 Jul

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

Odisha records highest ever GST in April despite Covid induced slowdown

08 Jul

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 ...

Centre to retain GST on oxygen concentrators

07 Jul

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

Odisha seeks GST exemption on Covid-19 vaccines

07 Jul

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 ...

GST officials seize SUV; it’s pure dacoity, says Gujarat high court

07 Jul

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

Delhi High Court urges Centre to drop GST on imports of oxygen concentrators

06 Jul

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 ...

Maharashtra’s GST collection hits record high of Rs 22k crore in April

06 Jul

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 ...

Punjab FM writes to Sitharaman, seeks immediate GST Council meeting

06 Jul

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

GST Council meeting may be held this month as states seek rate cuts on essential medical items

05 Jul

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 ...

Law Enforcement Body Recovers ₹ 74.86 Crore From Tobacco Manufacturer For GST Evasion

05 Jul

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

Enforcement agencies propose GST on human hair, industry opposes

04 Jul

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 ...

Delhi HC to hear PIL seeking GST exemption on machinery related to oxygen plants installation

04 Jul

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 ...

Govt. relaxes several compliance timelines under GST amid COVID-19 crisis

03 Jul

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

GST on imported oxygen concentrators slashed

03 Jul

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

Advance Ruling can't be sought by recipient for taxability of outwards supplies of supplier: AAAR

01 Jul

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

April GST collections may go up to ₹1.2 lakh cr.

01 Jul

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 ...

SC to hear plea seeking GST exemption on COVID-19 related drugs, medical equipment

30 Jul

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 ...

GST is not applicable on membership subscription fees of a club: AAR?

30 Jul

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

Central governments may waive GST on vaccines

29 Jul

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 ...

Tax authorities should take action against suppliers instead of genuine buyers for non- payment of GST: Madras HC

29 Jul

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

Govt. allows businesses to verify monthly GST returns through EVC till May 31

28 Jul

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

GST: Another Amendment in ITC provisions on charts?

28 Jul

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

Taxpayers can now check their last 5 Return on GST Portal

28 Jul

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 ...

Madras HC directs GST Authorities to allow benefit of Refund Claim as Legitimate Export Incentives can’t be denied

27 Jul

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 ...

Vaccinate all citizens for free, waive GST on Remdesivir: Owaisi

27 Jul

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

Traders urge FM to defer GST, income tax compliances by three months

26 Jul

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) ...

Kerala HC grants Anticipatory Bail to the person accused of non-payment of GST to tune of Rs 17.53 Cr

26 Jul

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 ...

GST revenue likely to come down

26 Jul

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 ...

Industry requests Finance Ministry for more handholding on filing GST, other taxes

24 Jul

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

Order of provisional attachment was ultra vires: Supreme Court

24 Jul

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 ...

No GST on Supply of Books from Warehouse in USA to customers in USA, UK, Canada without entering into India: AAR

23 Jul

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 ...

CBIC issues Advisory on Implementation of PMT-03 to Re-Credit the ITC sanctioned as Refund

23 Jul

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) ...

GST leviable on Reimbursement Amount, being Advance Payment made by Holding Company: AAAR

22 Jul

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 ...

Carbonated grape juice to face 28% GST, rules AAAR

22 Jul

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 ...

Taxman must not proceed to attach property in haste, says SC

21 Jul

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 ...

DA case: GST official Bollineni Srinivasa Gandhi held by CBI

21 Jul

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

GST collection in Ngp Zone touches Rs 11,455.72 cr in FY 20-21

21 Jul

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 ...

GST Officers To Be Soon Armed With Real-Time Data On Vehicles Moving Without E-Way

19 Jul

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 ...

GST evasion by winning bidders: Railway purchases since July '17 face enquiry

19 Jul

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

Hold urgent GST meet to cut tax on key medicines, equipment: States

19 Jul

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 ...

Maharashtra CM asks for GST returns of March and April to be extended by 3 months

16 Jul

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 ...

GST collections to drop 20% in May due to state lockdown-like curfews, say experts

16 Jul

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 ...

Failure to Produce Necessary Documents will lead to Cancellation of GST Registration for Supply of Goods: MP HC

15 Jul

The Madhya Pradesh High Court held that the failure to produce necessary documents will lead to cancellation of registration for supply of goods. The ...

18% GST on Parboiling Rice & Drying plant: AAR

15 Jul

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 ...

No GST applicable on Rent received from Backward Classes Welfare Department: AAR

15 Jul

The Karnataka Authority of Advance Ruling (AAR) ruled that no GST is applicable on Rent received from Backward Classes Welfare Department. The applica ...

Decoding GST levied on gold purchases

14 Jul

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 ...

Central govt's indirect tax collection up 12% in FY21

14 Jul

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 ...

GSTN added New features in GST Search Taxpayer tab at GST Portal

13 Jul

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 ...

Personal Hearing mandatory before Cancellation of GST Registration: Madras HC

13 Jul

The petitioner received notice in which certain defects have been pointed out. The defect includes sales omission and purchase omission also. It was a ...

GSTN enables the option to authenticate Aadhaar Card or upload e-KYC documents on GST Portal

13 Jul

Aadhaar authentication is a process by which the Aadhaar number along with other biometric details of the Aadhaar holder are submitted to the Central ...

No Inquiry under GST if Goods in Transit were accompanied with required Documents

12 Jul

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 ...

Traders’ body demands extension in filing GST returns, relief from average power bill charges

12 Jul

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 ...

Private firm proprietor granted bail in GST invoice fraud case

12 Jul

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 ...

Centre Releases Rs 30,000 crore to states as GST Compensation for FY21

10 Jul

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. ...

Cut GST on COVID-19 medicines, devices: Chhattisgarh CM Bhupesh Baghel at PM meet

10 Jul

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 ...

Purchasers Of Non-GST Goods Entitled To 'Form C' Under CST For Concessional Rate Even After GST Act : SC

10 Jul

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 ...

Lawyers Are Exempted From Paying GST/Service Tax, Don't Harass Them : Orissa HC

09 Jul

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 ...

GST: Firms challenge constitutional validity of arrest rules in top court

09 Jul

Companies have argued against the constitutional validity of arrest provisions under the goods and services tax (GST) laws in their present form in th ...

GST AAR: CSR expenses are business related and qualify for input tax credit

08 Jul

Corporate social responsibility expenditure is incurred by a company in order to comply with the requirements of the Companies Act, 2013. Thus, such e ...

SC says GST no longer citizen-friendly; calls provisional attachment 'draconian'

08 Jul

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 ...

GSTN Advisory on Auto-population of E-Invoice data in GSTR-1

07 Jul

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 ...

Delhi HC directs GST Authority to Refund GST on zero-rated Supplies with Interest

07 Jul

A detailed order was passed by the Court wherein the Court agreed with the submission of the petitioners, subject to respondent authority verifying as ...

GST on fuel: A price vs revenue trade-off

06 Jul

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 ...

12% GST on Service of Supply, Erection, Commissioning and Installation of a Plant

06 Jul

The applicant has sought the advance ruling on the issue whether the service of supply, erection, commissioning and installation of wastewater pretrea ...

Parking fees from staff to face GST, but at nil value

05 Jul

The UP bench of the Appellate Authority of Advance Rulings (AAAR) has held that the amount recovered from employees towards car parking charges, which ...

Centre allows further operational flexibility to GST filers

05 Jul

The government has allowed further flexibility to tax filers operating under the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme of ...

GST not on gift vouchers but on goods and services in gift vouchers

05 Jul

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 ...

J&K posts 2.94% growth in GST collections in FY21

03 Jul

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, ...

The Indian ITeS players to pay GST on services given to parent

03 Jul

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 ...

Punjab’s kitty got Rs.30,713-crore GST boost in 2020-21

03 Jul

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 ...

GST collections hit record high of Rs 1.24 lakh crore in March

02 Jul

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 ...

Sinking fund contributions collected from CHS members subject to face 18% GST

02 Jul

The Karnataka Authority for Advance Rulings (AAR) has held that contributions collected from members of a co-operative housing society towards a sinki ...

TN AAAR clears air over GST on gift vouchers, says taxable on redemption

02 Jul

The Tamil Nadu appellate authority for advance rulings (AAAR) has cleared the confusion over taxability of vouchers such as Amazon gift cards, Shopper ...

Rajasthan Govt. notifies E-Way Bill limit to be Rs.1 Lakh w.e.f. 1 April 2021

01 Jul

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 ...

Gujarat Dy CM: Fuel under GST if Centre ensures VAT income of state remains untouched

01 Jul

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 ...

6-digit HSN code mandatory in invoices for biz with over Rs 5 crore turnover

01 Jul

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 ...

Govt says crypto gains taxable as income, GST applicable on services by crypto exchanges

30 Jul

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 ...

Form GST DRC 07 to be issued for Recovery of Interest, rules Gujarat HC

30 Jul

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 ...

Kerala HC stays DGGI order directing furnishing of Security in form of Bank Guarantee

30 Jul

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 ...

Over Rs.5300 crores GST evasion detected from Delhi in 2020-21

27 Jul

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 ...

Full committed amount of GST compensation released by Central Govt.

27 Jul

An important milestone went by recently largely unnoticed—the release of the 20th and final instalment of the estimated GST compensation shortfall of ...

Lending based on GST data improves MSMEs’ access to credit: Vayana Network

27 Jul

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 ...

Telangana Labour Minister slams Centre over GST on beedi industry

27 Jul

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 ...

Govt improving GST evasion detection but recovery a problem: CAG report

26 Jul

A report tabled by India’s Comptroller and Auditor General (CAG) before Parliament on Wednesday admonished the government for being slow in implementi ...

Selling eatables eligible for ITC under GST regime

26 Jul

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 ...

Remove “distortions” in GST Act before bringing petrol, diesel under GST: Moily

26 Jul

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 ...

CBDT again defers GST Reporting in Tax Audit Report

26 Jul

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 ...

Not possible to bring petrol, diesel under GST for next 8-10 years

25 Jul

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 ...

CAG for time bound roll out of simplified GST return forms

25 Jul

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 ...

CAG recommends end-to-end computerisation of GST adjudication process

25 Jul

The Comptroller and Auditor General (CAG) has recommended end-to-end computerisation of the show cause notices (SCN) and adjudication process for GST ...

FM Ready To Discuss Bringing Petrol, Diesel Under GST At Next Council Meet

24 Jul

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 ...

Gujarat HC modifies Condition to deposit remaining amount of ITC for grant of Bail

24 Jul

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 ...

Delhi HC seek GST Council’s decision on quashing provision relating to Composition of GST Appellate Tribunal

23 Jul

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 ...

Delay in AAR Rulings adversely affects Investigation and the Interest of Revenue: Gujarat HC

23 Jul

The Gujarat High Court ruled that sometimes delay in Authority of Advance Ruling (AAR) may frustrate investigation and also hinder the interest of the ...

Finance Ministry clarifies no need to pay GST dues in cash for March

22 Jul

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 ...

Notice Sent to Old Address despite availability of new address in Regn. certificate: Order quashed

22 Jul

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 ...

GST Authority not to take coercive measures and no invasion of privacy during Investigation: Delhi HC

22 Jul

The division bench of Justices Rajiv Shakdher and Talwant Singh directed the respondent authority to file their reply to the captioned application wit ...

GST officers ceorce taxpayers to pay in cash.

20 Jul

As the 20th March deadline for GST payments nears, GST authorities are pressurising taxpayers to pay their maximum tax liability in 'cash'. In G ...

Gadkari urges FM to cut GST on passenger vehicles

20 Jul

Union Road Transport Minister Nitin Gadkari has urged Finance Minister Nirmala Sitharaman to reduce Goods and Service Tax (GST) on passenger veh ...

States reluctant to bring petroleum products under GST purview: BJP leader

20 Jul

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 ...

Fake GST invoices racket busted, private company MD arrested by CGST Commissionerate

20 Jul

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 ...

Panel recommends structural changes to boost GST revenues

19 Jul

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 ...

18% GST applicable on Odomos: AAAR

19 Jul

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 ...

No ITC can be claimed on 5% GST paid on License Fee to Indian Railway or IRCTC: AAAR

19 Jul

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 ...

GST slabs continue to cause classification disputes

19 Jul

The disputes between the business community and the GST department continues over the classification of different goods and services. And the reason i ...

Madras HC allows claiming input tax credit on TDS from VAT

18 Jul

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 ...

Patiala House Court refuses to grant Bail to person accused of wrongfully availing ITC

18 Jul

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 ...

International companies use GST gaps causing govt. revenue loss: PIL

18 Jul

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 ...

No proposal for scrutiny of GST assessment in faceless model

17 Jul

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 ...

Tackle CNG vehicle cost, bring it under GST

17 Jul

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 ...

Standing committee on finance pushes for increase in GST collections

17 Jul

The standing committee on finance sought that the government should initiate all possible structural and enforcement related measures to shore up good ...

GST e-invoices spell end to sales under-reporting

17 Jul

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 ...

ITC to be availed based on details available in FORM GSTR-2B, clarifies CBIC

16 Jul

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 ...

States may face Rs 3 trillion GST compensation shortfall in FY22: Report

16 Jul

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 ...

Rs 700-cr GST billing scam unearthed

15 Jul

The investigation wing of the Punjab State GST today arrested five persons for creating and operating a bogus billing network across various states, i ...

GSTN issues FAQs on Amendment in Registration of Core and Non-Core Fields

15 Jul

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 ...

GST authorities ask field units to ramp up collections, identify defaulting taxpayers

13 Jul

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 ...

Parliament empowered to enact special laws like GST: HC

13 Jul

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 ...

Govt working on demand to bring jet fuel under GST: Aviation secretary

13 Jul

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 ...

Delhi minister ‘challenges’ Centre to bring fuel prices under GST ambit.

12 Jul

Delhi minister Satyendar Jain on Wednesday challenged the Bharatiya Janata Party (BJP)-led central government to bring petrol and diesel under the Goo ...

Gujarat HC directs GST Authority to allow petitioner to rectify entries in Form GSTR-3B

12 Jul

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 ...

GST intelligence uncovers Rs 43 crore ITC fraud in Gurugram

12 Jul

Gurugram Zonal Unit (GZU) of the Directorate General of GST Intelligence (DGGI) has arrested one Ravinder Kumar alias Ravinder Garg in connection with ...

Patiala House court grants conditional bail to person accused of wrongfully claiming ITC

11 Jul

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 ...

E-Way Bill not required if Value of Goods less than Rs.50,000: Kerala HC

11 Jul

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 ...

If petrol and diesel are brought under GST, they’ll have to be taxed at more than 100%

10 Jul

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 ...

New 'core activity' feature in filing GST to curb fake bills menace

10 Jul

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 ...

Govt releases Rs 2,104 crore as 19th installment of GST compensation shortfall to states

10 Jul

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 ...

Record GST collections expected in March, set to hit ₹1.30 lakh crore

09 Jul

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 ...

GST e-invoice made mandatory for businesses with revenue over Rs 50 cr

09 Jul

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 ...

GSTN enables the ‘Reset’ option in GSTR 1/IFF on the GST portal

09 Jul

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 ...

GST Field offices asked to exercise maximum caution, prudence in property attachment

08 Jul

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 ...

Industry wants GST rate cut on branded snacks, commonly used food items

08 Jul

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 ...

New Feature to Select Core Business Activity enabled on GST Portal

08 Jul

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 ...

FM: GST Council will decide on oil-in-GST

06 Jul

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 ...

Tax Dept unearths Essel group's alleged Rs 392 cr input credit fraud

06 Jul

The Delhi Central Goods and Services Tax commissionerate has unearthed a massive network of fictitious firms created allegedly by two former Essel gro ...

If brought under GST, petrol price can come down to Rs 75, diesel to Rs 68 per litre

05 Jul

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 ...

Supreme Court rejects plea requesting extension of GST amnesty scheme

05 Jul

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 ...

GST Council to fix inverted duty anomaly soon

05 Jul

The Goods and Services Tax (GST) Council, the apex federal body on indirect taxation, will consider removing anomalies in the duty structure in severa ...

LTC benefit on life insurance: Confusion prevails over GST rate

04 Jul

The Ministry of Finance, while giving further clarification in respect of Special Cash Package equivalent in lieu of Leave Travel Concession (LTC)&nbs ...

PIL filed before Allahabad HC seeking establishment of State Bench of GST Tribunal in Lucknow

04 Jul

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 ...

CGST Delhi East arrests man for ITC fraud of Rs 38.91 cr

03 Jul

In the ongoing drive to counter the menace of fake billing operators, information from analytics tool NETRA (Network Exploration Tool for Revenue Augm ...

GST collection in Gujarat increased 14% to Rs 8,221 crore in February 2021

03 Jul

Gujarat is the only manufacturing state which registered a growth above 10%. Other manufacturing states where GST collection increased include Tamil N ...

Abolition of GST annual audit requirement could save up to ₹ 30,000 crore annually

02 Jul

The government’s decision to do away with the mandatory Goods and Services Tax (GST) annual audit requirement by professionals such as chartered accou ...

GST revenue hits ₹1 Lakh-crore for 5th month

02 Jul

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 ...

Inclusion of fuel under GST could prove beneficial

02 Jul

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 ...

Rajasthan Budget 2021: Rajasthan Govt. proposes 5% VAT on Petroleum Crude

01 Jul

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 ...

Govt extends last date for annual GST filing till March-end for FY 20

01 Jul

The government has extended the deadline for filing annual goods and service tax (GST) return and reconciliation statements for FY20 till March-end, f ...

Interest on net GST liability with retrospective effect to get legal backing

27 Jul

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 ...

Housing societies, clubs rush to rework GST dues over retro amendment

27 Jul

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 ...

Hospitals may have to pay GST on food to inpatients

26 Jul

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 ...

Centre cannot charge GST on power services: Rajasthan HC

26 Jul

The Rajasthan High Court (HC) has quashed a clarification issued by the Union government that had allowed the authorities to impose goods and services ...

GST collection in February expected to top ₹1 lakh crore

25 Jul

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 ...

Govt may address GST anomaly on domestic shipping firms amid SCI strategic sale

25 Jul

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 ...

Bharat Bandh on 26 February 2021:Traders to Protest Against GST, Fuel Price Hike and E-Way Bill

25 Jul

Nearly 40, 000 trade associations, representing eight crore traders of the country, has extended support to the Bharat bandh call by Confederation of ...

Large resident welfare associations may have to pay GST retrospectively

24 Jul

Large resident welfare associations (RWAs) may have to face GST liability retrospectively subject to certain conditions. One particular provision rela ...

Gujarat High Court reprieve for exporters on GST exemptions

24 Jul

Many exporters, who had been issued notices by the Directorate of Revenue Intelligence (DRI) for availing GST exemptions where exports preceded import ...

No tax slab, rate changes; GST Council may take up inverted duty structure

23 Jul

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 ...

FM says bringing petrol, diesel under GST regime could help in lowering fuel prices

23 Jul

Amid an outcry over record high Petrol and diesel prices, Union Finance Minister Nirmala Sitharaman on Saturday said the Centre and state governments ...

Simplify GST, trader body tells PM

22 Jul

The Confederation of All India Traders (CAIT) has written a letter to Prime Minister Narendra Modi seeking his intervention on the issue of Goods ...

GST Council Should Consider Rationalisation, Bring Petrol Under GST: FM

22 Jul

The Union Budget sets India in right direction where the government only facilitates businesses with minimum regulation, Union Finance Minister Nirmal ...

BSE oil & gas index at new 52-wk high; Modi commits to bring gas under GST

20 Jul

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 ...

Interest on net GST liability with retrospective effect to get legal backing

20 Jul

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 ...

CBIC to charge Rs.1000 for Handling of mismatch between Shipping Bill and GST returns

20 Jul

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 ...

Partner of fireworks group held for Rs 22.5 crore GST and duty evasion

19 Jul

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 ...

No escape for those filing fake GST invoices as Budget 2021 empowers authority to attach assets

19 Jul

The Finance Minister, Nirmala Sitaraman while presenting the Budget 2021-22 urged the provisional attachment of the assets of the individual who has h ...

Govt committed to bring natural gas under GST regime, says PM Modi

18 Jul

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 ...

Govt tightens GST registration and cancellation rules

18 Jul

Notification 94/2020 has put in place strict conditions, where non-compliance would result in the cancellation of GST registration. Taxpayers applying ...

GSTN enables a feature to furnish LUT for FY 2021-2022

18 Jul

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 ...

NIC issues list of GSTINs on whom E-Invoicing is Mandatory

17 Jul

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 ...

Bitcoin trade may attract I-T, GST; taxes to be paid in this fiscal year

17 Jul

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 ...

Traders force govt to negotiating table on GST simplification

16 Jul

Taking a lesson from farmers, traders have garnered enough numbers to force the government to the negotiating table to simplify Goods and Services Tax ...

Delhi HC stays payment against Starbucks only if principal Profiteered amount is paid.

16 Jul

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 ...

Govt to consider bringing down GST on pesticides to 5% from 18%

15 Jul

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 ...

Delhi HC grants anticipatory bail to person alleged of creating bogus export firms & fraudulently availed ITC

15 Jul

The petitioner, Lupita Saluja sought anticipatory bail in relation to the enquiry/investigation being conducted by the respondent under Central Goods ...

Best judgment assessment awaits GST return non-filers

13 Jul

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 ...

GST Council may consider to reducing four tax slabs to three, says FM

13 Jul

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 ...

CBIC issues SOP for implementation of provision of suspension of registrations under CGST Rules, 2017

13 Jul

The Central Board of Indirect Taxes and Customs (CBIC) notified the Standard Operating Procedure (SOP) for implementation of the provision of suspensi ...

GST frauds: ICAI initiates disciplinary action against 25 CAs

12 Jul

Chartered accountants'' apex body ICAI has initiated disciplinary action against 25 of its members for their alleged involvement in frauds related to ...

Once again taxpayers can file Table 6A of Form GSTR-1 separately: GSTN

12 Jul

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 ...

GSTN informs only 50% Taxpayers have filed their GSTR-9 & 9C, reveals RTI

12 Jul

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....

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Removing GST audit will be retrograde step, ICAI tells govt.

11 Jul

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 ...
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GST exemption on annuity plan purchase under National Pension System

11 Jul

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 ...
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E-Way Bill is mandatory for each Invoice lower than ₹ 50k but in aggregate it exceeds ₹ 50k, says Kerala HC

11 Jul

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 ...
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Budget impact - A steep fiscal correction and a strategy for GST

10 Jul

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 ...
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GST evasion of over Rs 500 crore by 46 Delhi-based firms unearthed

10 Jul

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 ...
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GST: Final Order to be passed is in FORM GST ASMT -13 instead of GST DRC-07, rules Kerala HC

10 Jul

The petitioner, Hash Constructions challenged the appellate order passed by the Joint Commissioner (Appeals) under the Central Goods and Services Tax ...
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Failed Land Transactions May Attract GST

09 Jul

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 ...
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Traders Body CAIT Calls for Bharat Bandh against GST taxation system

09 Jul

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 ...
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₹427-crore bogus GST billing racket busted in Ludhiana

08 Jul

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 ...
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GST can be levied on Notional Interest on Security Deposit: AAR

08 Jul

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 ...
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Gujarat HC pulled up GST officials for pressure tactics to achieve tax targets

06 Jul

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 ...
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GST fraud: CA collecting Rs 12.67 Cr. GST but not depositing with govt.

06 Jul

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 ...
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CGST Delhi arrests Director of SPNN business services for GST Evasion

06 Jul

Central Goods and Service Tax Delhi South Commissionerate, on the basis of intelligence information, has arrested Mr. Prateek Jha, the director of M/s ...
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No bail for CEO held in Rs 45cr GST fraud

05 Jul

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 ...
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SBI to charge Rs 20 + GST for failed ATM transaction due to insufficient fund

05 Jul

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 ...
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GSTN issues Advisory on Payment of Tax by Fixed Sum Method under QRMP Scheme

05 Jul

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 ...
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Exporters worried over losing tax flexibility after IGST revision

05 Jul

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 ...
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CBIC clarifies GST Audit Applicable for FY 2019-20

04 Jul

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 ...
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Tax professionals suggests govt. not to delete the provisions of GST audit

04 Jul

The Tax Professionals Body Bhartiya Vitta Salahakar Samiti (BVSS) in the press release suggest the government not to delete the provisions of “GST Aud ...
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States' GST revenue shortfall to be lower due to better collections in last months: Finance Secy

04 Jul

"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 ...
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No plans for reducing tax on all hotel rooms to 12 per cent

03 Jul

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 ...
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Budget 2021: Key Changes In GST To Help Small And Medium-Sized Businesses

03 Jul

Finance Minister Nirmala Sitharaman, in Budget 2021, announced multiple changes to the goods and services tax framework aimed at helping small and med ...
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CBIC notifies rate of Agriculture Infrastructure and Development Cess for specified Goods.

03 Jul

The Central Board of Indirect Taxes and Customs (CBIC) notified the effective rate of Agriculture Infrastructure and Development Cess for specified go ...
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Budget 2021: Filing of GSTR- 9C discontinued

02 Jul

The Union Finance Minister Nirmala Sitharaman while presenting the Budget 2021 today before the Parliament, proposed to omit the requirement of furnis ...
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GST Fake Invoices of more than Rs.2 cr. shall attract provisional attachment of assets

02 Jul

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 ...
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Rajasthan seeks GST compensation extension till 2027

01 Jul

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, ...
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GST fraud of Rs 940 cr busted, 340 bogus firms being investigated

01 Jul

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 ...
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Rationalise GST rates on parts used in manufacturing of medical equipment

01 Jul

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 ...
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GST collections touched a new high of Rs 1.2 lakh crore in January

01 Jul

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 ...
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Consumers pay Rs 25,000 Cr for ineligibility for ITC on coal by thermal power producers

01 Jul

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 ...
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IT Hardware Companies urge Center to allocate Rs 20k Cr

01 Jul

IT hardware makers urge the government to allocate Rs 20,000 crore under the production-linked incentive scheme, to boost manufacturing of personal co ...
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Trade and Tax Professionals Protesting Against Lethargic GST, MCA Systems; Demand Tax Reforms etc.

30 Jul

Trade and tax professionals, such as chartered accountants (CAs) and company secretaries (CS) on Friday resorted to protests against frequent changes ...
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January expected to see record GST collection

30 Jul

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. ...
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Real estate sector wants Stamp duty and registration charges to be merged in GST

29 Jul

Coronavirus pandemic has severely affected real estate sector. The demand for real estate properties has been subdued for several months in 2020. The ...
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Fake GST invoice fraud: ICAI initiates disciplinary proceedings on 8 arrested CAs

29 Jul

The CA Institute has initiated disciplinary proceedings against the eight chartered accountants who have been arrested in the nationwide drive against ...
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Andhra Pradesh: Special drive helps mop up GST collection

29 Jul

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 ...
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Tax Consultant arrested for GST Fraud of about Rs. 274 Cr

29 Jul

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 ...
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Gujarat HC notice to Centre, GST Council for constitutional validity of Rule 86B of CGST Rules

28 Jul

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 ...
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Sanitiser makers move court over ‘typing error’ in GST regulations

28 Jul

Companies that were importing a key raw material used in manufacturing sanitisers and disinfectants have dragged the government to court following ina ...
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Budget 2021: Gems, jewellery industry seeks cut in import duty, GST

28 Jul

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 ...
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28% GST on Metal Nuts as it is a part of Motor Vehicle

27 Jul

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 ...
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Maharashtra’s Confusing Move

27 Jul

A recent trade circular by the Maharashtra tax department has left taxpayers worried. The state has revoked the status of adoption of regulations issu ...
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PIL seeks extension for filing GSTR-9 and GSTR-9C

25 Jul

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 ...
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GST applies to flat buyer’s maintenance deposit - Gujarat AAR

25 Jul

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 ...
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GST: Gujarat HC directs release of amount of ITC available in the credit Ledger Account

25 Jul

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 ...
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Budget 2021: Balance between GST rationalisation and boosting economic growth

23 Jul

Post implementation of GST, the GST Council has reduced GST rates umpteen number of times for various goods and services while simultaneously attempti ...
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West Bengal FM urges Nirmala Sitharaman for remaining GST compensation

23 Jul

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 ...
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No GST on electricity charges recovered from tenants.

22 Jul

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 ...
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Health Insurance: GST rate cut in Budget 2021 can act as a booster dose

22 Jul

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 ...
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GST portal experiences technical glitch, raises worries of taxpayers

22 Jul

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 ...
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Tripura HC disallows rectification of Tax Invoice as not covered under Sec.161 of CGST Act,2017

21 Jul

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 ...
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Jharkhand HC directs GST Authority to open GSTN portal for enabling Refund in GST RFD-01 or accept manually

21 Jul

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 ...
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Exporters drag DRI to various high courts over GST exemption notices

20 Jul

Exporters have dragged the Revenue Intelligence (DRI), India’s primary anti-smuggling intelligence agency to various courts following notices over all ...
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Indian Staffing Federation seeks lower GST from 18% to 5%

20 Jul

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 ...
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Gujarat HC tells GST dept. must apply their mind properly before taking action like attaching accounts

19 Jul

Court censures practice of provisionally attaching bank accounts of firms before full probe into suspected irregularities or tax evasion Hearing a cas ...
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Gujarat High Court admits Petition challenging GST Rule restricts ITC to Buyers on the basis of Outward Supplies furnished by Supplier.

19 Jul

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 ...
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No GST under RCM payable on receipt of services if it is not imported: AAR

18 Jul

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 ...
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18% GST on construction of Director’s Bungalow and Staff Quarters for IIT Bhubaneswar: AAR

18 Jul

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 ...
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Tripura High Court reduces Penalty amount to Rs. 10,000 for E-Way Bill Expiry.

18 Jul

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 ...
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Partial recovery of canteen charges from employees is taxable under GST: Gujarat AAR

16 Jul

The assessee was carrying out canteen facilities through third party canteen services at its factory and providing food to its employees on subsidized ...
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Notice-pay received from outgoing employee is subject to GST, holds AAR

16 Jul

Contracts with employees provide for furnishing a notice period, which typically ranges between one to three months.Many companies permit an employee ...
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CGST Delhi arrests Chartered Accountant for fraudulently passing on fake ITC of Rs 14.30 cr.

16 Jul

The Central Goods and Services Tax ( CGST ) Delhi has arrested the Chartered Accountant for fraudulently passing on a fake Input Tax Credit ( ITC ) of ...
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18% GST on manufacturing and supply of ‘Fried Fryums’: AAR

15 Jul

The Gujarat Authority of Advance Ruling (AAR) ruled that 18% GST on manufacturing and supply of ‘Fried Fryums’.The applicant, M/s. Shree Swaminarayan ...
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18% GST on “Supply, Testing and Commissioning of 160 TR Chilled Water Plant”

15 Jul

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 ...
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GST applicable on Pathology or Diagnostic Services Supply to Client who is a Researcher

15 Jul

The Gujarat Authority of Advance Ruling (AAR) ruled that GST applicable on pathology or diagnostic services supply to the client who is a researcher. ...
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Pre-GST era arrears: Punjab launches one-time settlement scheme for traders.

13 Jul

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 ...
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Coca-Cola unit facing scrutiny for alleged evasion of GST.

13 Jul

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 ...
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18% GST on Commission from Japan in FC on Selling of M/C: AAR

13 Jul

The Gujarat Authority of Advance Ruling (AAR) ruled that 18% GST on commission income from Japan in foreign currency on the Selling of machinery. ...
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Uber and Ola face investigation over alleged GST evasion

12 Jul

A investigation has been initiated against cab aggregators Uber and Ola by the Director General of Goods and Services Tax Intelligence (DGGI), which h ...
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Centre releases 11th installment of Rs 6000 crore to states.

12 Jul

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 ...
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GST payable on Common Maintenance Fund collected from Members: AAR

12 Jul

The Gujarat Authority of Advance Ruling (AAR) ruled that GST payable on the common maintenance fund/ deposit collected from the members.
The ...
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GST authorities arrest 215 persons in fake invoice cases, recover over Rs 700 crore in 2 months

11 Jul

The Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates have recovered more than Rs 700 crore and arrested 215 persons in the ...
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18% GST applicable on Supply of Labour Services: Gujarat AAR

11 Jul

The Authority of Advance Ruling (AAR), Gujarat Bench held that 18% Goods and Service Tax (GST) applicable on supply of labour services.The applicant, ...
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5% GST applicable on Narrow Woven Fabrics of Polyester Yarn: Gujarat AAR

11 Jul

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 ...
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Quarterly Return Monthly Payment scheme helps small taxpayers to ease of doing business

09 Jul

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 ...
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Senior govt sources says Swiggy, Instakart evaded GST

09 Jul

The tax department has alleged that online food delivery giant Swiggy and Walmart backed Flipkart’s logistics arm Instakart relied on fake manpower su ...
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Govt taking steps against fake GST registration

08 Jul

The government, acting upon the recommendations of the GST Council, issued Notification No. 94/2020 – Central Tax, which notifies the Central Goods an ...
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Madras HC issues notice to Center and state authorities on GST exemption for Incorporated members' clubs

08 Jul

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 ...
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Invoice Furnishing Facility functionality now available on GST Portal

08 Jul

The Goods and Service Tax Network (GSTN) has made available the new Invoice Furnishing Facility (IFF) functionality on the Goods and Service Tax (GST) ...
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Due date for filing GST Returns for period of Oct. to Dec. is January 13, clarifies govt

06 Jul

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 ...
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Two dozen companies have come under the scanner of tax officials for tax evasion

06 Jul

About two dozen Mumbai-based companies and businesses have come under the scanner of tax officials for possible violations of provisions related to go ...
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No Service Tax on sizing operation activity as sized coal is an excisable product: CESTAT

06 Jul

The Customs, Excises, and Service Taxes Appellate Tribunal (CESTAT), Kolkata Bench held that no Service Tax is applicable on sizing operation activity ...
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Online booking charges on movie tickets not subjected to Entertainment Tax: Madras HC

06 Jul

The Madras High Court while granting the relief to AGS Cinemas, reiterated that the Online booking charges on tickets not subjected to Entertainment T ...
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Center may bring natural gas under GST: Officials said

05 Jul

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 ...
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GST tax credit investigation: I-T conducts surveys at Zee and L&T offices

05 Jul

The Income Tax (I-T) Department Monday conducted surveys at the offices of Zee Entertainment Enterprises Ltd and Larsen & Toubro (L&T) Ltd as ...
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CGST Delhi Commissionerate arrests one for tax evasion of Rs 832 crs.

05 Jul

The Central GST Delhi West Commissionerate has unearthed evasion of GST by way of manufacture and clandestine supply of gutkha/pan masala/tobacco prod ...
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Govt action against 7,000 GST evaders, 185 arrested

04 Jul

Armed with data analytics and information from agencies, the government has launched a massive crackdown on GST evaders, initiating action against 7,0 ...
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GST collection highest in December because of economic activity revival: Finance secretary

04 Jul

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 ...
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Delhi Govt. notifies Rate of interest for Late Filing Form GSTR-3B

04 Jul

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 ...
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More than 37000 GST taxpayers generated more than 1680 Lakhs IRNs within 3 Months

04 Jul

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 ...
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GST collections at all-time high of over Rs 1.15L crore in December

02 Jul

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 ...
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Exporters complain of delay in GST refunds despite govt timeframe

02 Jul

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 ...
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GSTN issues Advisory on Auto-population of E-Invoice details into GSTR-1/2A/2B/4A/6A

01 Jul

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 ...
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CBI arrests Three Superintendents of GST & Central Excise in an alleged Bribery Case of Rs.10 lakh

01 Jul

The Central Bureau of Investigation has arrested three Superintendents of GST & Central Excise, Bhubaneswar, and a private person(Accounts Officer ...
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Deadline For Filing Annual GST Return Extended

31 Jul

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 ...
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Regional soft drinks cos set to shift to 40% GST SLAB

31 Jul

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 ...
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CA files PIL in Gujarat HC seeking extension of GST Annual Returns due dates

30 Jul

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 ...
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CBIC notifies Corrigendum for New Form GST REG-31

30 Jul

The Central Board of Indirect Taxes and Customs (CBIC) notified the Corrigendum for New Form GST REG-31 notified for ‘Intimation for suspension & ...
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Central Economic Intelligence Bureau proposed imposing 18% GST on bitcoin trade

29 Jul

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 ...
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Traders urge Finance Minister, GST council to modify new GST Rules

29 Jul

Trading community on Sunday urged Union Finance Minister Nirmala Sitharaman and Goods and Goods and Services Tax (GST) Council to withdraw certain pro ...
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Paying 1% GST in cash will no impact on small businesses, source in the Finance Ministry said

28 Jul

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 ...
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GST Appellate bench holds that AAR rightly rejected an application as investigation was ongoing

28 Jul

Tirumala Milk Products, a Bangalore-based company that sold flavoured milk in Karnataka failed to convince the Appellate bench of the GST Authority fo ...
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Reversel of Accumulated Credit by on-going Real Estate Projects challenged before Calcutta HC

28 Jul

The Calcutta High Court presided over the requirement to reverse accumulated credit by on-going real estate projects opting for a concessional rate of ...
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AAR: ITC can be claimed for distributable promotional items

28 Jul

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 ...
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Confederation of All India Traders urges FM to defer rollout of Rule 86B in GST

26 Jul

Traders’ body the (CAIT) on Friday urged Finance Minister Nirmala Sitharaman to defer the implementation of Rule 86B in GST, whereby businesses ...
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New GST rules likely to slow down businesses in Karnataka

26 Jul

The Centre's CGST (14th Amendment) Rules, 2020, notified on Wednesday, have raised concerns with many industrialists fearing that they will further sl ...
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GST on lottery: SC’s recent judgement is a setback for the industry

26 Jul

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 ...
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Jaipur: Businessman arrested for not paying Rs 5.5 crore GST

26 Jul

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 ...
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Businesses with monthly turnover of over Rs 50 lakh to pay at least 1% GST liability in cash

24 Jul

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 ...
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In-person verification now compulsory for GST registration

24 Jul

GST registrations will now have in-person verification before registration is granted to any applicant. The government has notified on Tuesday the rec ...
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Accumulated ITC on IT system problem for schools, colleges that conduct online classes

24 Jul

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 ...
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GST Exemption on supply of goods for specified projects under FAO

23 Jul

The Delhi Government notified the Goods and Service Tax (GST) Exemption on supply of goods for specified projects under the Food and Agricultural Orga ...
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CBIC waive late fee on FORM GSTR-4 for FY 2019-20 for Ladakh

23 Jul

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 ...
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CBIC notifies new Rule restricting the use of ITC for discharging the Tax liability

23 Jul

The notification notified the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020, which seeks to amend the Central Goods and Services T ...
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Centre releases 8th installment of Rs.6,000 crore to meet GST compensation shortfall

22 Jul

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 ...
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Bombay HC to hear plea challenging Arrest provisions under section 132 (1) of CGST Act

22 Jul

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 ...
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Gujarat HC quashes order cancelling GST Registration against Heugo Metal

22 Jul

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 ...
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Supply of games online attracts 18% GST: AAR Maharashtra

22 Jul

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 ...
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CBIC directs to Ignore message on liability for Inward Supplies attracting RCM

21 Jul

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 ...
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Rajasthan HC allows petitioner to apply to GST Council to get CENVAT Credit benefit

21 Jul

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 ...
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GST return filing system being simplified w.e.f. 1st Jan 2021 for small tax payers

21 Jul

From 1 January 2021, many rules are going to change, that includes implementation of Positive Pay system to curb cheque frauds, mandatory FASTags for ...
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Importers challenge notices seeking duty on EOU imports

21 Jul

Several importers are going to court to challenge notices issued to them by the Directorate of Revenue Intelligence seeking customs duty payments on g ...
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GST reforms a must to help real estate sector sustain growth momentum

19 Jul

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 ...
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Here’s what helped smooth implementation of GST e-invoicing system

19 Jul

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 ...
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Odisha: Rourkela businessman held for Rs 40 crore GST fraud

19 Jul

The directorate general of GST intelligence (DGGI) here on Thursday arrested a businessman from Rourkela for allegedly creating fake firms and evading ...
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CA Bodies urge extension of deadline to 31 March 2021 for Filing various Returns and Audit

18 Jul

Several bodies representing chartered accountants (CAs) from across the country have requested finance minister Nirmala Sitharaman to extend the deadl ...
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Supreme Court stays Delhi HC's order on Bharti Airtel's claim of Rs 923 crore GST refund

18 Jul

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 ...
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Transporters found undervaluing goods to evade GST

17 Jul

In its drive against goods and services tax (GST) evasion, the intelligence arm of GST administration has found that certain transporters have been co ...
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GST revenues take a beating as Council tweaks rates far too often

17 Jul

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 ...
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CBIC extends Due date of GST compliance till 31 March, 2021

16 Jul

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 ...
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Tax Professionals Seek Extension Of Income Tax, GST Compliance Deadlines

16 Jul

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 ...
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Panel suggests GST cut, liberal lending for auto

16 Jul

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 ...
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Centre releases 7th instalment of GST of Rs 6000 crores to states

15 Jul

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 ...
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Govt. cancels GST Registration of 163k Business entities for Non-Filing of Tax Returns

15 Jul

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) ...
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Retrospective amendment in GST law for time frame more of a direction: Delhi HC

15 Jul

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 ...
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GST taxpayers to get flexibility to decide on monthly tax payment

14 Jul

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 ...
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Consultations before show-cause notices to be pursued by GST officers

14 Jul

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 ...
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Cloudtail India's GST registration suspended after tax officials find mismatch in records

14 Jul

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 ...
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31-year-old Arrested for GST Fraud of Rs 33 Crore, 2 Accomplices Still at Large

07 Jul

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 ...
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CA arrested for Rs 7.5 crore GST fraud in Visakhapatnam

07 Jul

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 ...
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Jharkhand MGNREGA labourer briefly arrested for not paying Rs 3.5 crore as GST

05 Jul

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 ...
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Withholding the refund of GST in works contract due to change in tax regime not justified

05 Jul

The petitioner has challenged the action of GST authorities in not reimbursing the differential tax amount arising out of change in tax regime f ...
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SC upholds levy of GST on lotteries, betting and gambling

04 Jul

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 ...
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Chhattisgarh opts for special window for GST compensation; now only Jharkhand left

04 Jul

Chief Minister Bhupesh Baghel-led Chhattisgarh government has become the latest state to opt for the special window created by the Centre to compensat ...
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CBIC mandates 8 digit HSN for certain goods under GST

03 Jul

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 ...
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High GST on aircraft components forcing Pratt & Whitney to go abroad for maintenance

03 Jul

High GST on aircraft components forcing Pratt & Whitney to go abroad for maintenanceHigh GST rate on aircraft engine components has been forcing P ...
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GST framework is impacting engineering companies’ exports: Engineering Export Promotion Council

03 Jul

The current regulations under Goods and Services Tax (GST) framework and how that’s interpreted is causing several problems for some of the engi ...
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GST collection in Nov crosses Rs 1 lakh crore mark second time

02 Jul

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 ...
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GSTN enables opting quarterly filing of GST returns under QRMP Scheme

02 Jul

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 ...
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Government puts off penalty provision for not using QR codes on GST invoices

01 Jul

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 ...
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GST notice sent through email is unacceptable: HC

01 Jul

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 ...
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Man arrested for Rs 100 crore fake GST invoice fraud

01 Jul

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 ...
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Government issues guidelines for officers to carry out GST checks

01 Jul

The Central Board of Indirect Taxes and Customs (CBIC) has unveiled standard operating procedures (SOPs) to be followed by tax officials carrying out ...
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CBIC notifies SOP for Verification of Taxpayers granted Deemed Registration

30 Jul

The Central Board of Indirect Taxes and Customs (CBIC) notified the Standard Operating Procedure (SOP) for verification of taxpayers granted deemed re ...
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Economic rationale overrides differences within GST Council

30 Jul

Economic rationale overrides differences within GST CouncilThe deep divisions within the goods and services tax (GST) Council over bridging the shortf ...
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Over 5.4 lakh businesses risk losing GST registration for defaults

30 Jul

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 ...
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NAA asks P&G to pay Rs 241 crore penalty for not passing GST rate cut

28 Jul

The National Anti-profiteering Authority (NAA) has imposed a penalty of Rs241 crore on three subsidiaries of the Procter & Gamble (P&G) group ...
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Rajasthan HC grants Bail for availing wrongful ITC on furnishing bail bond

28 Jul

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 ...
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CBIC issues clarification on holding of Pre-Show Cause Notice Consultation

25 Jul

The Central Board of Indirect Taxes and Customs (CBIC) notified the clarifications on holding of Pre-Show Cause Notice Consultation. The Board has rec ...
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GST on sale of flats only if entire consideration is received after CC: AAR

25 Jul

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 ...
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GST backbone reforms need to remain non-intrusive

24 Jul

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 ...
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Madras HC directs Deptt. to grant retrospective registration to the petitioner

24 Jul

The Madras High Court directed the Joint Commissioner & Assistant Commissioner to grant retrospective registration for the petitioner’s Regi ...
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GST deptt. arrests businessman for Rs 2,285 crore fraud

24 Jul

he Maharashtra Department of Goods and Services Tax has arrested a Mumbai-based businessman for allegedly defrauding the state by issuing fake invoice ...
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GST registration may be linked to biometrics

23 Jul

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 ...
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Govt may approach ICAI for action against 3 CAs over GST frauds

23 Jul

The Directorate General of GST Intelligence (DGGI) is likely to ask the Institute of Chartered Accountants of India (ICAI) to take action against thre ...
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A woman mastermind arrested in the latest drive against GST fraud

21 Jul

The directorate general of GST intelligence (DGGI) for the first time arrested a Chennai-based woman mastermind, running the racket of fake invoices t ...
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GST notices for past voluntary tax payments annoy assessees

21 Jul

As the government steps up its offensive against fake invoice rackets, it has started asking taxpayers to explain various aspects of voluntary tax pay ...
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Maharashtra AAAR confirms that housing society services would attract GST

21 Jul

The Maharashtra Appellate Authority for Advance Ruling (AAAR) for GST has reiterated that services provided by housing societies would attract GST sub ...
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Monthly GST filing will not be necessary after e-invoice system

20 Jul

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 ...
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Patiala House Court refuses to grant bail for passing ITC without payment of GST

20 Jul

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 ...
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Free transport to work provided by employer to employees is subject to GST

20 Jul

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 ...
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Fresh crackdown on GST fraud, 5 more arrests take total to 30 this month

19 Jul

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 ...
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Inter-state GST invoice racket busted in Maharashtra

19 Jul

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 ...
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SC Asks Petitioner Challenging Levy Of GST On Hand Sanitizers Under Same Tariff Heading As Insecticides To Approach HC

19 Jul

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 ...
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Restrain on movement of goods from Dec for not filing GST returns on time

18 Jul

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 ...
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Supply of Service to BCCL is Import of Service, GST applicable on RCM

18 Jul

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 ...
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Honest taxpayers need not worry about display of GST details: Govt

17 Jul

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 ...
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GST law committee to discuss GST amendments against fake invoices

17 Jul

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 ...
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Council to discuss tightening of GST registration norms

17 Jul

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 ...
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CBIC mandates GST E-invoicing from January 1, 2021, If turnover exceeds Rs. 100 Crores

12 Jul

The Central Board of Indirect Taxes and Customs (CBIC) mandated GST E-invoicing from January 1, 2021 if turnover exceeds Rs. 100 Crores. Th ...
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For Budget 2021-22, Government receives recommendation for uniform 5% GST on manmade fibre

12 Jul

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 ...
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CBIC notifies manner of opting for furnishing GST Quarterly Return

12 Jul

The Central Board of Indirect Taxes and Customs (CBIC) notified the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020 which seeks to a ...
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Quarterly GSTRs present new obstacles for MSMEs

11 Jul

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 ...
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CGST Delhi South Commissionerate busts syndicate of firms involved in availing Fake ITC

11 Jul

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 ...
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GST applicable on One Time Long Term Lease premium payable to an Urban Development Authority: AAR

11 Jul

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 ...
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PIL alleges evasion of GST by cable and internet services

10 Jul

A division bench of Telangana High Court issued notices to the Central government, Telecom Regulatory Authority of India (TRAI), and various cable tel ...
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GST officers must not resort to violence during search: Telangana HC

10 Jul

The Telangana High Court has asked Goods & Services Tax officials not to use violence against tax assessees or their relatives and employees durin ...
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GST portal enabled to handle 3 lakh taxpayers concurrently

09 Jul

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 ...
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GST authorities will soon be able to stop transactions by suspicious firms

09 Jul

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 ...
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Supreme Court reserves order on GST on sale of lotteries

09 Jul

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 ...
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Centre should issue white paper on impact of GST and Covid on economy: Gehlot

09 Jul

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 ...
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Consensus on including liquefied natural gas under GST soon

07 Jul

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 ...
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Amount of fraud in GST needs cautious approach

07 Jul

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 ...
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Buyers from big firms to show valid e-invoices for tax credit

07 Jul

Aiming to collect almost the same sum as taxes as last year, the revenue department is tightening compliance requirements related to e-invoicing. The ...
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GSTN issues Taxpayers guide on GST Errors and Solution

07 Jul

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 ...
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GST collection and power consumption show recovery: Ex-RBI chief C Rangarajan

06 Jul

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 ...
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Banks, Insurance companies are getting GST notices from small towns

06 Jul

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 ...
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Companies get GST audit notices from various States

05 Jul

Multinational companies have started getting notices from State GST Authorities, even as the Centre is talking about lowering compliance burden. These ...
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GST rate cut sends wrong signal to domestic business: Finance secretary

05 Jul

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 ...
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Finance Ministry receives recommendation to reduce GST compensation cess on coal

05 Jul

The Finance Ministry has started receiving pre-Budget recommendations from stakeholders and experts and one of them is to reduce carbon taxation and d ...
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Borrowing amount for GST compensation should be reasonable: Finance secretary

04 Jul

The Finance secretary has said that the quantum of borrowing to meet states’ GST revenue shortfall has to be “reasonable” considering its economic imp ...
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Puducherry joins govt’s borrowing plan for GST

04 Jul

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 ...
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Madras HC quashes levy of interest on ITC component

04 Jul

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 ...
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Surge in GST collection indicate sustained recovery in economy

03 Jul

The recovery in goods and services tax (GST) receipts is sustainable, and the government is evaluating demands from various quarters for further steps ...
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Govt transfers second tranche of ₹6,000 cr to 16 states, 3 UTs

03 Jul

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 ...
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GST e-invoices rose by three times within a month of launch

03 Jul

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. ...
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100 notices issued in suspected cases of tax evasion of more than Rs. 55 crore in Chandigarh

02 Jul

With the economic activity picking up after relaxation of Covid-19 restrictions, the Chandigarh goods and services tax (GST) department has also resta ...
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October GST collections in Goa matches pre covid levels

02 Jul

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 ...
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GST monthly collection crosses Rs 1 lakh crore first time in FY21

02 Jul

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 ...
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Apple passes on 2 per cent equalisation levy to Indian consumers

31 Jul

The equalisation levy has started making things costlier for Indian consumers. Apple is passing on the 2% equalisation levy, aside from 18% goods and ...
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October GST collections may cross Rs 1 lakh crore mark

31 Jul

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 ...
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Jump in cost of imported raw materials due to Covid lead to GST complications

30 Jul

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 ...
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GST officials raid fake input tax credit racket in Delhi

30 Jul

The anti evasion branch of Central Goods and Service Tax (CGST), Commissionerate, Delhi (East) busted a major racket of claiming input tax credit (ITC ...
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GST officers can arrest evaders without completion of assessment: Gujarat HC

30 Jul

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 ...
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Bringing natural gas under GST regime would reduce cascading impact of taxes on industries

29 Jul

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 ...
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GST filing increases troubles to MSMEs amid pandemic

29 Jul

Filing GST returns continues to be a tedious and tiresome process, especially for micro, small and medium enterprises (MSMEs) who are already plagued ...
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Plea to exempt disability equipments from GST, may represent before GST Council

29 Jul

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 ...
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Small traders can now file GST returns through SMS

28 Jul

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 ...
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Government to prepare a list of ‘risky’ companies created to evade GST

28 Jul

The government will use artificial intelligence (AI) and Aadhaar registration to segregate dubious firms purposely created for Goods and Services Tax ...
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Signature Builder guilty of denying additional ITC to flat buyers: NAA

28 Jul

The National Anti-Profiteering Authority (NAA) has held Signature Builders guilty for not passing the benefit of additional ITC to the homebuyers but ...
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Small businesses with no tax dues can now file GST returns with a text message

27 Jul

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 ...
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BP Plc. eyes India's fuel market, wants gas in GST

27 Jul

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 ...
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Government support in GST cut could aid entire Passenger Vehicle Industry: Tata Motors

27 Jul

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 ...
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Due dates for filing IT returns, audit reports, GST annual return extended

26 Jul

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 ...
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Centre borrows and transfers Rs. 6,000 crore to 16 states, 2 UTs

24 Jul

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 ...
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Liaison offices of foreign entities liable to pay GST: Karnataka AAR

24 Jul

A liaison office set up in India for promoting business of its head office incorporated abroad needs to be registered mandatorily under the Goods & ...
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Navi Mumbai police busts GST evasion racket, seizes silver, imitation jewellery worth ₹ 6.17 cr

24 Jul

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 ...
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CA Student arrested in GST scam of Rs. 50.24 Crore

23 Jul

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, ...
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Agreeing to grant easement rights even to original owner is service and attracts 18% GST

23 Jul

The case concerned Chennai Metro Rail Limited (CMRL) that acquired a portion of property for public purpose from an individual. The memorandum of unde ...
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Businesses and govt quarrel over fraudulent ITC claims and imprisonment under GST

22 Jul

While the government has decriminalised 48 sections of the Companies Act, a controversy is brewing over jail provisions in the GST laws. The governmen ...
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ITC to be restricted on Medicines used in Supply of Health Care Services

22 Jul

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 ...
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Supply of Arhar and Green Gram to NAFED is an exempted supply

22 Jul

The Department of Agriculture, Cooperation and Family Welfare has appointed National Agricultural Co-operative Marketing Federation Limited (NAFED) as ...
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GST portal experiences technical failure on last date for filing September return

21 Jul

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 ...
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Centre should take initiative in settling GST borrowing quantum issue: Kerala FM

21 Jul

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 ...
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Proportionate ITC can be claimed on inputs used in Installation of Renewable Power Plant

21 Jul

The Tamil Nadu Authority of Advance Ruling (AAR) ruled that Input Tax Credit can be proportionately claimed on Goods/Services used in installation of ...
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Centre, states relations worsen over GST compensation

20 Jul

Opposition-ruled states’ stand mellowed after the Centre offered to borrow Rs 1.10 trillion towards goods and services tax (GST) compensation on their ...
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Gujarat High Court to relook at GST on Indian units of MNCs and BPOs

20 Jul

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 ...
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12% GST applicable on LED Stem (mounted on long rod), says AAR

20 Jul

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 ...
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Opposition states likely to take common stand on GST compensation

20 Jul

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 ...
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Economic chaos being spread by Central govt: Sonia on GST compensation cess

19 Jul

Congress president Sonia Gandhi on Sunday hit out at Prime Minister Narendra Modi led union government over the recent compensation controversy in the ...
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FM Sitharaman writes to states explaining Rs 1.1 lakh crore borrowing window for meeting GST shortfall

17 Jul

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 ...
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CBIC notifies due date of GSTR-3B for October 2020 to March 2021

17 Jul

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 ...
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Cable TV networks in Telangana not paying GST since 2017: PIL

17 Jul

A public interest litigation petition (PIL) filed in Telangana High Court seeks the cancelling of licenses of cable television networks, direct-to-hom ...
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Centre has addressed all concerns of states on compensation cess fund: Anurag Thakur

17 Jul

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 ...
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CBIC advises businesses to rectify GST return filing defaults

16 Jul

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 ...
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Centre revises borrowing calendar for second half to accommodate GST compensation

16 Jul

The central government late on October 15 said it was modifying its borrowing calendar for the second half to operationalise a special borrowing windo ...
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GST payout: Opposition states may decide on moving SC on October 16

15 Jul

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 ...
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GST deadlines coming up: October 2020 is significant for mandating crucial GST Compliances

15 Jul

Recently, the Central Board of Indirect Taxes and Customs (CBIC) has issued the 2 significant notifications in respect of mandating crucial GST Compli ...
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States willing to borrow need not wait for GST Council decision, says govt official

14 Jul

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 ...
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Long-Term Leases Will Attract GST, Says Authority For Advance Ruling

14 Jul

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 ...
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20 states allowed to borrow Rs 69,000 crore from bond market

14 Jul

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 ...
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GST Council could take a call on extending the period of collecting the compensation cess to give out to states

13 Jul

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 ...
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CBIC clarifies provisions of ITC availment restrictions for February, 2020 to August, 2020

12 Jul

The Central Board of Indirect Taxes and Customs (CBIC) issued clarification on the restrictions for availment of Input Tax Credit (ITC) under Rule 36( ...
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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 Jul

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 ...
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Govt may consider allowing GST deposit on cash basis: PwC report

12 Jul

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 ...
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Centre and most states to push for fund-raising at GST meet on October 12

12 Jul

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 ...
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Taxpayers will have to report only transactions pertaining to FY19 in annual GST return

10 Jul

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 ...
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New GST system generates 69.5 lakh e-invoices in first week of implementation

10 Jul

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) ...
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GST Intelligence busts fraud exporter companies who put govt at double loss

10 Jul

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 ...
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GST Council may set up Group of Ministers on compensation shortfall

09 Jul

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 ...
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Tourism industry seeks reduction in GST rate, tax benefits to revive sector

09 Jul

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 ...
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Start-ups in the space sector welcome Centre's decision to scrap 18% GST on satellite launches from India

09 Jul

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 ...
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Pre-filled GST returns to become norm from 1 Jan

08 Jul

Pre-filled tax forms and greater transparency requirements are coming to businesses in 2021, with the Goods and Services Tax (GST) Council clearing ke ...
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18% GST applicable on Assignment of Leasehold Right on Land: AAR

08 Jul

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 ...
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GST meet: Voting on borrowing options unlikely

07 Jul

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 ...
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GST: India Eases Compliance Burden For Small Businesses

07 Jul

Finance Minister Nirmala Sitharaman announced more measures to simplify filing of tax returns and reduce compliance burden on small businesses. Sithar ...
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small taxpayers having turnover upto Rs 5 crore allows to file returns on quarterly basis : GST Council

06 Jul

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 ...
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GST compensation cess to stay beyond June 2022 to help states

06 Jul

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 ...
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GST Council revises requirement of declaring HSN/SAC in invoices and in FORM GSTR-1

06 Jul

The Finance Minister recommended the Revised Requirement of declaring Harmonized System Nomenclature (HSN) for goods and Service Accounting Code (SAC) ...
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'Ready-to-cook' parota will be taxed at 18% under the GST - AAAR

06 Jul

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 ...
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GST Council to meet today: Stage set for stormy session as compensation dues issue to take centre stage

05 Jul

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 ...
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GST shortfall: Opposition-ruled states to ask for dispute resolution mechanism at Council meet

05 Jul

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 ...
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GST E-Invoice: CBIC amends rules related to Invoice Reference Number & QR Code

03 Jul

The Central Board of Indirect Taxes and Customs (CBIC) notified the amendments from Tax Invoice compliances under GST Rules on Invoice Reference Numbe ...
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GST Credit Will Impact Pharma, Textile Sectors: Madras High Court

03 Jul

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 ...
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After surge in GST collections, e-way bills hit record high

02 Jul

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 ...
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Opposition-ruled states refused to change their mind against centre’s borrowing options

02 Jul

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 ...
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GST collections show rise for first time after 6 months

02 Jul

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 ...
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GST annual return filing for 2018-19 due date extended till Oct 31

01 Jul

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 ...
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CBIC gives 30-day grace period for those not yet ready for GST e-invoice

01 Jul

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 ...
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CBDT authorizes DG of Income Tax to Upload GST Return Information in Form 26AS

01 Jul

The Central Board of Direct Taxes (CBDT) authorized the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Sy ...
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AAAR affirms applicant can’t charge 12% GST under Forward Charge Mechanism as a GTA

30 Jul

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 ...
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18% GST is leviable on consideration received on Sale of TDR and FSI: AAAR

30 Jul

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 ...
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Madhya Pradesh HC Grants Bail To Person Accused Of GST Fraud

29 Jul

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 ...
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GST e-invoicing mandatory for B2B transactions from October 1

28 Jul

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 ...
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Rajasthan High Court quashes order freezing Bank Account beyond 1 year

28 Jul

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 ...
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Temporary retention of GST compensation in the Consolidated Fund isn't diversion: FinMin Sources

28 Jul

Temporary retention of goods and services tax (GST) compensation in the Consolidated Fund of India (CFI) pending reconciliation cannot be termed as di ...
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GST e-invoicing to start from Oct 1, as planned: GSTN CEO

26 Jul

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 ...
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CAG has highlighted discrepancies in GST registration in its report

26 Jul

In the latest report that has been tabled in the Gujarat assembly, the comptroller and auditor general (CAG) has highlighted discrepancies in approval ...
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40% of cess collected by centre not going to designated funds: CAG

26 Jul

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 ...
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Centre violated GST Compensation Cess Act, used funds allocated for states elsewhere

25 Jul

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 ...
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Kerala HC orders CDRSL to pay GST on Input Services and then claim ITC and refund

25 Jul

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 ...
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Patiala House Court grants Bail to person accused of availment of Ineligible ITC to the tune of Rs.24 Cr

25 Jul

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 ...
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GST Council likely to approve two-year extension of compensation cess levy

24 Jul

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 ...
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Delhi High Court rejects plea challenging 5% GST on all varieties of fabrics

24 Jul

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 ...
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Gujarat HC directs Release of Goods and Vehicle Confiscated on deposit of Rs.1.70 Lakh along with Bank Guarantee

24 Jul

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 ...
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Notional Interest on Security Deposit, Property Tax forms part of ‘Rental Income’: Karnataka AAR

23 Jul

The Karnataka Authority for Advance Ruling (AAR) has adjudged that no deduction towards property taxes is allowed from the value of renting of immovab ...
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CBIC waives off Late Fee on failure to furnish the GSTR-10 return

23 Jul

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 ...
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CBIC extends due date of E-Way Bill for goods sent/taken on approval

22 Jul

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 ...
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GST-registered businesses will soon get pre- filled Return form, GSTR-3B

22 Jul

"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 ...
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GST Authorities can now recover only interest on net cash liability.

22 Jul

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 ...
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Borrowing :Opposition-ruled states harden stance.

22 Jul

Opposition-ruled states have hardened their stance on center's borrowing options to meet goods and services tax compensation cess deficit with some th ...
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Government looks to extend faceless assessment scheme to 8 more Income Tax proceedings

21 Jul

The government has proposed to extend the faceless assessment scheme to almost all proceedings under the income tax law, including for collection and ...
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States that don't choose one of Centre's borrowing options may not get GST dues till June 2022

21 Jul

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 ...
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Govt indicates that it has required support from states and UTs to push its GST formula

21 Jul

The government on Sunday indicated that it had the required support from states and Union Territories to push through its GST compensation formula, af ...
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Centre not breaking its promise to compensate states for any GST revenue loss: FM

19 Jul

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 ...
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GST reduction on fans to 5% will boost product sales, says IFMA

19 Jul

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 ...
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Uniformity in GST rates necessary for sustained growth of mining sector: FIMI

19 Jul

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 ...
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Cash can be seized in GST Search as it’s covered under definition of ‘Things’: Madhya Pradesh HC

18 Jul

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 ...
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Auto companies should cut royalty payments, instead of asking the government to reduce GST: FinMin Sources

18 Jul

Auto companies should cut costs by reducing royalty payments to their parent companies abroad instead of asking the government to reduce GST, finance ...
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Industry bodies and MNCs seek deferment of mandatory e-invoicing till January

18 Jul

Industry bodies and multinational companies have sought deferment of mandatory e-invoicing till January 1 next year, seeking more time to implement re ...
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Exempt GST on Special Protection Force from April to September says TTD Board

17 Jul

TTD Board of Trustees chairman YV Subba Reddy has requested the Center to exempt the Tirumala Tirupati Devasthanams (TTD) from the burden of GST ...
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NAA finds Pinky Sales guilty for not passing benefit of GST Reduction on Footwear to its customers

17 Jul

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 ...
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GST be imposed on wellness centres depending on services offered: Gujarat AAR

16 Jul

Wellness facilities may become costlier for consumers with the Gujarat-based authority for advance rulings (AAR) calling for the imposition of 18 per ...
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Odisha to amend GST Act to make fraud in input tax credit non-bailable

16 Jul

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 ...
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Gym owners urge state govts to open gyms, seek lower GST & other measures to revive industry

16 Jul

IndiaActive, an association of stakeholders in the fitness industry, has urged the governments of Maharashtra, Bihar and Jharkhand to allow the reopen ...
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GST Council can ask Centre to let states borrow to compensate shortfall: Attorney General

16 Jul

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 ...
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Businessman arrested for tax evasion in Raipur

15 Jul

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 ...
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13 states submit borrowing option to Centre to fund GST shortfall

14 Jul

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 ...
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Extend GST annual return filing deadline by 3 months: ICAI

14 Jul

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 ...
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GST Council meeting postponed to October 5: Sources

14 Jul

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 ...
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42nd GST Council meet deferred to first week of October

12 Jul

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 ...
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GST Council likely to consider 18% rate on all kind of sanitizers in next meeting

12 Jul

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 ...
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Central Government's failure to pay compensation to states is setting the stage for a showdown

12 Jul

Central government has failed to pay states the compensation it promised for supporting a nationwide tax reform, setting the stage for a showdown betw ...
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IRDAI seeks GST rate cut from 18% to 5% on life and health insurance premiums

11 Jul

Life and health insurance premiums could soon attract lower GST to make them attractive for customers, if Insurance Regulatory and Development Authori ...
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Hiring of Motor Vehicle for transportation of Employees for Workplace is eligible for ITC

11 Jul

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 ...
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Handset makers can save costs due to GST-customs portal integration

11 Jul

Mobile phone makers can save custom compliance costs on imports of devices and components as the government has linked two mammoth databases by integr ...
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Consent of states on compensation issue is unlikely in GST Council

10 Jul

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 ...
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Karnataka AAR Allows ITC on Equipment, Furniture, Reagents/consumables used for Performing Test

10 Jul

The Karnataka Authority of Advance Ruling (AAR) ruled the Input Tax Credit (ITC) can be availed on equipment, furniture, reagents/consumables used for ...
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Local transportation services without providing accommodation not entitled to concessional GST rate of 5%: AAR

10 Jul

The Rajasthan Authority of Advance Ruling (AAR) ruled that 5% GST is not applicable on local transportation services.The applicant sought the advance ...
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Opposition states insist Centre must borrow for GST compensation

09 Jul

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 ...
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Goods can’t be detained if payment of GST is not mentioned on E-Way Bill: Kerala HC

09 Jul

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 ...
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Center committed to pay full GST compensation to states

08 Jul

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 ...
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Goods can’t be detained merely on the basis that Consignee mentioned as Unregistered Person in E-Way Bill: Kerala HC

08 Jul

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 ...
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Excise officials to go on mass leave for alleged GST evasion

07 Jul

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 ...
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Focus on decriminalising offences and wider use of compounding provisions in GST laws

07 Jul

The pace of a comprehensive review of GST laws has accelerated with a special focus on decriminalising offences and wider use of compounding provision ...
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GST scam investigated by officer delayed, as Sola Civil Hospital fails to submit crucial papers

05 Jul

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 ...
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Penalty can’t be levied on Nani Resorts & Floriculture Pvt. Ltd. for denying benefit of ITC to Flat buyers: NAA

05 Jul

The National Anti-Profiteering Authority (NAA) found M/s Nani Resorts & Floriculture Private Limited guilty of profiteering but did not impose the ...
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Javadekar hints at possibility of GST rate cut for vehicles

05 Jul

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 ...
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GST e-invoicing mandatory from October 1 for big companies

04 Jul

‘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 ...
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Penalty can’t be levied on S3 Buildwell Pvt. Ltd. for denying benefit of ITC to Flat buyers: NAA

04 Jul

The National Anti-Profiteering Authority (NAA) found M/s S3 Buildwell Private Limited guilty of profiteering but did not impose the penalty for denyin ...
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Mamata claims ‘betrayal’; Karnataka opts for special window for GST compensation

04 Jul

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 ...
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Tussle over GST dues is biggest tension point in federal system

03 Jul

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 ...
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Telangana CM urges centre to take up responsibility of compensating states

02 Jul

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 ...
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GST council must fill revenue gap by consent of all, not majority: Opposition

02 Jul

After rejecting the Centre's two borrowing options on goods and services tax shortfall compensation, the Opposition-ruled states have demanded that th ...
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GST collection at Rs 86,449 crore in August 2020

02 Jul

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 ...
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Consider more legally viable options for GST dues to states: Delhi CM

02 Jul

Delhi Chief Minister CM Arvind Kejriwal on Tuesday (September 1) wrote to Prime Minister Narendra Modi over Goods and Services Tax (GST) compensation ...
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Govt extends FY 20 GSTR-4 filing date for composition dealers till October 31

01 Jul

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 ...
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Seven States, One Union Territory Oppose Centre’s Proposal To Meet GST Shortfall

01 Jul

As many as seven non-BJP ruled states, including Kerala and Punjab, besides Union Territory Puducherry on Monday rejected the central government's sug ...
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Punjab wants arbitration to settle GST disputes

01 Jul

Punjab has demanded the setting up of an arbitration mechanism provided under the GST laws to settle disputes, even as several Opposition-ruled states ...
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Tamil Nadu and Kerala rejects Centre’s options for GST compensation

01 Jul

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 ...
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Centre unlikely to change the GST compensation formula

31 Jul

The government is unlikely to give in to demands for changing the compensation formula for goods and services tax (GST) despite opposition-ruled state ...
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GST Network starts providing auto-drafted ITC statement to taxpayers

31 Jul

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 ...
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Forcing GST debt on states will lead to 'brute power of centralism': Bengal FM

31 Jul

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 ...
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Opposition ruled states likely to reject Centre’s GST options

31 Jul

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 ...
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GST compensation fund likely to continue beyond 5 year transition period

31 Jul

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 ...
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RBI likely to prefer borrowing by center on behalf States for GST compensation

29 Jul

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 ...
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After FM said two-wheelers merit a GST cut, bike makers fear buyers may postpone purchases

29 Jul

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 ...
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GST rate cut will boost two-wheeler firms' Earning Per Share

29 Jul

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 ...
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Easing FRBM limit by 50 bps not adequate, say Kerala, Punjab

29 Jul

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 ...
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After 5-hr meet on GST compensation, states get 7 days to choose from 2 options

28 Jul

The Centre on Thursday offered two options to states to compensate them amid inadequate cess collections under the goods and services tax (GST) regime ...
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GST panel considers borrowings to compensate states

28 Jul

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 ...
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GST hike on tobacco products may bring double whammy; tobacco farming gives livelihood to crores of people

28 Jul

With dwindling GST collections due to pandemic induced lockdown and sluggish recovery in demand, GST Council in its 41st meeting is likely to delibera ...
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A GST cut may prove to be encouraging for two-wheeler companies

28 Jul

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 ...
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Proposals presented by finance minister on GST compensation are unclear: states

28 Jul

The two options presented by finance minister Nirmala Sitharaman towards the end of the marathon GST Council meeting on Thursday have left states with ...
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Two-wheelers to become cheaper, GST Council may revise tax slab in its meeting

27 Jul

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 ...
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No recovery of interest on gross basis for past GST dues: CBIC

27 Jul

Central Board of Indirect Taxes and Customs (CBIC) on Wednesday clarified that Goods and Services Tax (GST) authorities will not recover interest from ...
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Before the GST Council meet, opposition states accuse Centre of ‘betrayal'

27 Jul

A day earlier than the crucial GST Council meeting to debate compensation cost to states, states ruled by opposition events accused the Narendra Modi ...
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States may require more than 3 Lakh Crore GST compensation in FY21

27 Jul

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 ...
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GST rates may be revised for two wheelers, says FM Nirmala Sitharaman

26 Jul

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 ...
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States will face tax crisis due to Covid-19

26 Jul

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 ...
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GST Council like apex authorities can be set up for land, labour, power: RBI

26 Jul

The Reserve Bank on Tuesday suggested setting up GST Council type apex authorities for land, labour and power to drive structural reforms and expedite ...
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GST tax rates have reduced significantly under GST regime: FM

25 Jul

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 ...
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Compensation cess on tobacco products can generate Rs 49,740 crore: GST Council

25 Jul

Public health groups along with doctors and economists have urged the GST Council to increase compensation cess on all tobacco products which is expec ...
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All India Food Processors' Association (AIFPA) seeks lower GST rates on packaged food products

25 Jul

Ahead of the GST Council meeting on 27 August, the All India Food Processors’ Association (AIFPA), an industry body that represents several large and ...
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44 top Indian companies challange Indirect Tax Department over anti profiteering under GST

25 Jul

The Delhi High Court (HC) on Monday heard 37 goods and services tax (GST) anti-profiteering writ petitions, including ones filed by Johnson & John ...
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Regional beverage companies under intense scrutiny from GST officials

25 Jul

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 ...
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Aadhaar authentication for new GST registration is active from August 21

24 Jul

"Aadhaar authentication for new registration would substantially enhance ease of doing businesses for genuine businesses," he said. "This measure is e ...
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CBIC makes virtual hearing mandatory for GST appeal cases

24 Jul

The CBIC has asked GST field offices to conduct hearings in GST appeal cases via video conferencing for their expeditious disposal while ensuring soci ...
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Indian Beverage Association asks Finance Minister to remove colas from sin tax

24 Jul

The Indian Beverage Association (IBA), which represents the country’s biggest soft drinks makers including Coca-Cola, PepsiCo, Parle Agro and Red Bull ...
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GST Registration after Physical Verification of Biz Place If Aadhaar Not Authenticated: CBIC

22 Jul

In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said when an applicant for GST registration opts for authentication of Aadha ...
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41st GST Council Meet: Covid Makes For Grim Backdrop As Battle Brews Over Revenue Sharing

22 Jul

The Goods and Services Tax (GST) Council has scheduled two important meetings on August 27 and September 19. Finance Minister Nirmala Sitharaman had e ...
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How a Builder Escaped Penalty Despite Being Guilty Of Profiteering

22 Jul

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 ...
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41st GST Council Meet: Compensation to states for revenue losses under the indirect tax regime

21 Jul

The Goods and Services Tax (GST) Council has scheduled two important meetings on August 27 and September 19, according to senior Government sources. F ...
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NAA didn’t impose Penalty on Eldeco Infrastructure for denying benefit of ITC to Flat Buyers

21 Jul

The National Anti-Profiteering Authority (NAA) found M/s Eldeco Infrastructure & Properties Private Limited guilty of profiteering but did not imp ...
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Hike in cess on sin goods like cigarettes on the agenda of August GST Council meet

20 Jul

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, ...
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Madhya Pradesh HC grants Bail to Promoters of Bhopal based Som Distilleries for alleged Tax Evasion

20 Jul

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 ...
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Functionality to help GST payers on ITC eligibility enabled by GST Network

19 Jul

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 ...
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Rajasthan HC directs GST Council to accept the filing of TRAN-1 for petitioners to get the benefit of CENVAT Credit

19 Jul

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 ...
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HC rejects the plea seeking lower GST on Sanitizers and Masks

19 Jul

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 ...
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GST Council To Explore Making E-Way Bills Must For Moving Gold Within States

18 Jul

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 ...
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Punjab and Haryana HC: GST Authorities to consider PIL for Reclassification of AUS Ingredient Based Sanitizers

18 Jul

The Punjab and Haryana High Court directed the GST Authorities to consider PIL for reclassification of Ayurvedic/ Unani/ Siddha (AUS) Ingredient Based ...
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Inspection, Search, and Seizure for goods kept under illegal custody upheld by Kerala HC

18 Jul

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 ...
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Mixed response from jewellery sector on reverse mechanism proposal

17 Jul

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 ...
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Notice to GST Commissioner for various TRAN issues: Madras HC

17 Jul

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 ...
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View: Clean up GST, to increase income tax collections

17 Jul

The Prime Minister has launched a tax reform programme that would further reduce the personal interaction between taxmen and taxpayers. This is meant ...
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22% hike in GST collection this July in Faridabad

17 Jul

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 ...
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Over Rs 17 crore tax evasion by cement manufacturer detected by GST intelligence

13 Jul

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 ...
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Coming soon: GST technological maintenance to ease compliance and fill up leaks

13 Jul

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 ...
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AAR rules that manufacturing and supply of Railway Parts will attract 12% GST rate

13 Jul

The Authority of Advance Ruling (AAR), Karnataka ruled that 12% GST applicable to manufacturing and supplying of the Railway parts including knuckle, ...
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GST Council likely to consider hiking cess on sin goods

13 Jul

The upcoming GST Council, which shall meet on only single point agenda, anytime in August, to iron out measures to meet the compensation requirements, ...
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AAR denies ITC on GST paid on lease premium charges towards Land lease for business purpose

13 Jul

The Telangana Authority of Advance Ruling (AAR) held that the applicant, M/s. Daicel Chiral Technologies (India) Private Limited is not eligible to av ...
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Telangana AAR: 5% GST on Food Supplied to Hospitals

13 Jul

The Telangana State Authority of Advance Ruling (AAR) ruled that 5% GST is applicable on food supplied to hospitals including private hospitals, gover ...
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GSTR 1 and 3B to be linked to determine input tax credit and liability

11 Jul

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 ...
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Company found Guilty for Profiteering for not reducing base price when GST was reduced from 28% to 18%: NAA

11 Jul

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 ...
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Tax Officials directed by Madras High Court to grant GSTN for Transition of Credit

11 Jul

The Madras High Court directed the Commercial Tax Officials Goods and Service Tax Network(GSTN) for migration or transition of credit.The petitioner, ...
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Experts bat Smooth execution of GST filing system without technical glitches

11 Jul

Smooth execution sans technical glitches is critical for the revamped and simplified goods and service tax (GST) return filing system, said experts.Th ...
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Coaching classes are not eligible for GST exemption: AAR

10 Jul

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 ...
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CBIC facilitates Functionality to file Revocation Application for cancelled GST Registration

10 Jul

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the Functionality to file revocation application for canceled GST Registrat ...
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Generation and quoting of DIN on any communication to GST Taxpayers mandated by Kerala GST Dept.

10 Jul

The Kerala GST department on Tuesday mandated the generation and quoting of Document Identification Number (DIN) on any communication to GST Taxpayers ...
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AAR: Immovable Properties with No Distinct Goods and Services attract Work Contracts

08 Jul

The Authority of Advance Ruling (AAR) Maharashtra came up with a ruling that clarifies that immovable properties with no distinct goods and services w ...
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GST e-invoices to roll out from October 1 for companies with revenue above 500 Crore

08 Jul

Implementation of e-invoicing for companies over Rs 500 crore revenue will begin from October 1, the Group of Ministers on information technology for ...
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Offline Tool to prepare Form GSTR-4 Annual Return by Composition Taxpayers enabled by GST portal

08 Jul

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 ...
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GST Returns data for the year 2017 restored on GST Portal

07 Jul

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, ...
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AAR: Amount recovered from Other Government departments for doing Research Work & Study, to make policies is exempted

07 Jul

The Madhya Pradesh Authority of Advance Ruling (AAR) ruled that the amount recovered by the applicant, Atal Bihari Vajpayee Institute of Good Governan ...
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Notices to large number of firms declaring lower sales to avoid tax

07 Jul

Businesses used to under-report their turnovers and investment sizes, sometimes floating new companies and carving out part businesses to them, in ord ...
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Network capacity of GST portal doubled to handle 3 Lakh users

07 Jul

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 ...
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Fiscal health of states exposed to key risk

06 Jul

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 ...
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Toyota forced to go slow on hybrids due to Covid, High GST rates

06 Jul

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 ...
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Punjab’s GST inflow 38% short in April-July

05 Jul

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 ...
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Delhi HC allows Samsonite to deposit Profiteered Amount within 6 months

05 Jul

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 ...
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Tax credit on services under GST allowed by Gujarat HC

04 Jul

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, ...
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GST collections drop to Rs 87,422 crore in July

04 Jul

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 ...
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Due date for filing GST returns extended

04 Jul

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 ...
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GST e-invoicing for businesses notified by CBIC

01 Jul

The Central Board of Indirect Taxes and Customs (CBIC) has notified e-invoicing for businesses with turnover above Rs 500 crore, increasing the thresh ...
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Govt junks new GST return format

01 Jul

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 ...
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Gujarat HC reads down Explanation to GST Rule denying Refund

01 Jul

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 ...
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CBIC notifies Schema for E-Invoice, SEZ units excluded

31 Jul

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 ...
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Centre not obliged to pay for shortfall in GST compensation fund

31 Jul

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 ...
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Govt tells panel it has no money to pay states their GST share

31 Jul

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 ...
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Pressure on states for GST rate rationalisation

30 Jul

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 ...
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GST intelligence unearths role of mafia

30 Jul

Agents transporting goods like arecanut to other states take GST registration in the name of economically backward people; if the consignment is caugh ...
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GST council can take call on borrowing from market

30 Jul

The attorney general has said the Goods and Service Tax (GST) Council can decide whether a market borrowing mechanism can be established to compensate ...
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GST cess falls 42% short in FY20

29 Jul

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 ...
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Relief likely for auto sector on GST, road tax, cess

29 Jul

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 ...
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Centre pays ₹13,000 crore GST compensation to States and UTs

28 Jul

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 ...
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Taxmen dodge massive GST fraud as exporters claiming Rs 2,000 cr refund go missing on verification

28 Jul

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 ...
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Guidelines to file periodic Return in GSTR-3B to avoid Incorrect Disclosure of ITC issued by Kerela Government

27 Jul

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 ...
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Penalty proceedings of 75 Cr. against Patanjali Ayurved by Anti-Profiteering Authority stayed by Delhi High Court

27 Jul

The Delhi High Court on Friday stayed the penalty proceedings initiated against Patanjali Ayurved for allegedly profiteering Rs 75 crore through sale ...
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Praja Arogya Vedika (PAV) has appealed to Exempt GST on COVID products

27 Jul

Praja Arogya Vedika (PAV) has appealed to Union Finance Minister Nirmala Sitharaman to exempt all COVID-19 related equipment/products, including soaps ...
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Racket involved in Rs 150 crore GST evasion unearthed in Surat

25 Jul

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 ...
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M/S MAGNAMIND VENTURES (P) LTD. Versus THE STATE OF KERALA

25 Jul

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 ...
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Government dumps new GST return system; existing one will be continued with modified version

24 Jul

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 ...
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GST e-invoicing for businesses with Rs 500-cr turnover from Oct 1

24 Jul

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 ...
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Directions from Chhattisgarh HC: Allow TRAN-1 & TRAN-2 Return Filing If failure of Appellant was due to Technical Glitches on Common Portal

24 Jul

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 ...
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Finance Secretary says, GST rates can be reduced further as tax base increases

24 Jul

GST rates can be reduced further once the tax base increases and everyone pays taxes properly, Finance Secretary Ajay Bhushan Pandey said on Thursday. ...
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No Input Tax Credit can be claimed on Purchase of Paver Blocks laid on Land: Maharashtra AAR

23 Jul

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.
...
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Directorate General of GST Intelligence detects Rs 72 crore tax evasion

23 Jul

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 ...
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AAR rules that 18% GST is applicable on renting non A/C buses in the name of APSRTC

23 Jul

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 ...
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CBIC enables Filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal.

22 Jul

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 ...
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GST: Input Tax Credit can’t be claimed on Lift procured and Installed in Hotel Buildings, says AAR

22 Jul

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 ...
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GST: ITC can be claimed on Water Slides but not on Site Development and Swimming Pools, rules AAR

22 Jul

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 ...
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GST recovery orders during lockdown cancelled: Gujarat HC

21 Jul

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 ...
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Mahindra lifespaces profiteered in Chennai project: National Anti-profiteering Authority

21 Jul

National Anti-profiteering Authority (NAA) has upheld profiteering allegation against Mahindra Lifespaces for its Chennai-based Avadi project.The alle ...
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Time limit for availing transitional credit under GST is mandatory: Madras HC

20 Jul

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 ...
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Pending GST registrations to be cleared by CBIC under 'Special Drive' by July 30

20 Jul

The Central Board of Indirect Taxes and Customs (CBIC) on Friday notified to clear pending GST registrations under ‘special drive’ by July 30, 2020. ...
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Fraudulent GST refund claims worth Rs 1,875 crore blocked by Government

20 Jul

The government has blocked fraudulent Goods and Services Tax (GST) refund claims worth Rs 1,875 crore involving 1,377 exporters after their addresse ...
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Calcutta high court allows the assessee to make copy of seized documents.

18 Jul

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 ...
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GST fraud: 1,377 ‘risky exporters’ who claimed Rs 1,875 crore refunds not traceable in principal place of business.

18 Jul

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 ...
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GST collection in West Bengal drops marginally in June

17 Jul

Collection of revenue under Goods and Services Tax (GST) from centrally administered assessees in West Bengal dropped marginally in June 2020, an of ...
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Chartered Accountant accused of Rs. 100 Crore GST scam was allowed bail by Rajasthan High Court

17 Jul

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 ...
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GST is applicable on Transfer of a business as a going concern

16 Jul

The Andhra Pradesh Authority of Advance Ruling (AAR) ruled that the business of the applicant, Shilpa Medicare Limited of Andhra Pradesh unit, as a ...
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CBIC issues clarification on GST on Hand Sanitizers.

16 Jul

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 ...
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GST refund issues faced by exporters as government makes invoice matching compulsory for input tax credit

16 Jul

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 ...
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Supply of Mud Engineering Services doesn’t Qualify as Composite Service, hence no GST applicable

15 Jul

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 ...
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Due date for filing annual return by composition dealers for 2019-20 extended till August 31

15 Jul

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 ...
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Copy of Seized Documents under GST can be made by assessee: Calcutta HC

15 Jul

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 ...
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GST at the rate of 18% is applicable on Alcohol based hand sanitizers

14 Jul

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 ...
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GST consensus under strain as revenues dry up in states

14 Jul

Consensus has guided 40 meetings of the Goods and Services Tax (GST) Council since its inception, but differences between the Centre and fiscally st ...
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GST on maintenance is valid: AAR to south Mumbai society

14 Jul

In a setback to a Nariman Point cooperative housing society (CHS), the GST-Authority for Advance Rulings, Maharashtra, has held that its activities ...
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Prasad Cinema Penalised by GST Anti-Profiteering Body

13 Jul

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 ...
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GST on auto fuels will aid oil firms, customers

13 Jul

Bringing petrol and diesel under the Goods and Services Tax (GST) regime will help retail consumers, commercial entities and oil companies. The fixing ...
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Gaursons Realtech found guilty of profiteering Rs. 20 Crore

13 Jul

The GST anti-profiteering authority has found Ghaziabad-based Gaursons Realtech guilty of not passing on lower tax rate benefits worth Rs ...
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GST Compensation Period: States likely to push for 5 year extension

11 Jul

Witnessing a sharp decline in the GST revenue due to the pandemic and the following lockdown and disruptions in economic activities across the count ...
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No GST is levied on Admission or Membership Fees: Maharashtra AAAR

11 Jul

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 ...
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Punjab and Haryana HC allows to avail TRAN-1 credit in July 2020 3B return

11 Jul

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, ...
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IT Software related Consulting Services in Oracle ERP are liable to GST: AAR

10 Jul

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 ...
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Centre-state ties under strain as revenues dry up

10 Jul

After the June Goods and Services Tax (GST) Council meeting, Finance Minister Nirmala Sitharaman had said the government was planning to have a single ...
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Govt moves SC against Bharti Airtel

09 Jul

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 ...
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Mis-classification of hand sanitisers results in quarrel between Government and Industry

09 Jul

Multiple goods and services tax (GST) rates have now become a bone of contention between hand sanitiser manufacturers and the government.
Last mont ...
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GST committee considering demand for extending FY20 returns filing date for composition dealers

08 Jul

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 ...
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18% applicable on GST on Depository Contribution Works

08 Jul

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 ...
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Maharashtra AAR ruling provides GST relief to MNCs on expats salary

08 Jul

A recent observation by Maharashtra Authority of Advance Rulings (AAR) resulted in the ruling that GST will not be applicable if the Indian proj ...
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12% GST on Agreement of Supply of Services on Transportation of Goods by Road

07 Jul

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 ...
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Resolution Professionals / Liquidators queue up to avail GST Registrations in their own Names at the earliest: MCA & CBIC to Rethink

07 Jul

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 ...
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No GST on Salary Expenses Accounted to meet Indian Accounting Requirements

06 Jul

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 ...
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Software services to Indian firm's overseas client liable to GST

06 Jul

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 ...
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GST consensus under strain as revenues dry up in states

06 Jul

Consensus has guided 40 meetings of the Goods and Services Tax (GST) Council since its inception, but differences between the Centre and fiscally stre ...
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Nil Late Fee on GSTR-3B: System not Updated, Excess Amount would be re-credited soon

03 Jul

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 ...
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GSTN issues Advisory on Filing NIL Form GSTR-1 through SMS on GST Portal

03 Jul

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 ...
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June GST collections stand at Rs 90,917 crore

02 Jul

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 ...
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Auto manufacturers demand reduction in GST from 28 to 18%

02 Jul

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 ...
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GST 3.0 can prove to be a harbinger of growth and revival

01 Jul

Moving further towards a simplified and technology-enabled robust GST system is not only critical for sustainable growth but also imperative for ease ...
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As GST enters fourth year, biggest challenge would be to devise ways to compensate the states

01 Jul

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 ...
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Central GST Revenue Drops 70% For March-April

01 Jul

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 ...
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Centre needs to borrow and make up for states’ GST losses

30 Jul

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 ...
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Traders will be able to file GST Return through SMS

30 Jul

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 ...
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Realty firms have time till Jun 30 to pay GST on shortfall in input procurement from dealers

29 Jul

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 ...
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CBIC further extends Time Limit for Completion or Compliance of any Action, till Aug 30, 2020

29 Jul

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 ...
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GST Council borrowings for compensation needs to widen general govt debt

27 Jul

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 ...
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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 Jul

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 ...
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CBIC waives off late fee on late GST filing

26 Jul

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 ...
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Karnataka taxmen detect 60 GST registrations linked to Chinese national

26 Jul

The Commercial Taxes Department has sealed off an undeclared warehouse with imported goods worth Rs 4 crore in Bengaluru with 60 GST registrations lin ...
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After paratha, ready-to-eat popcorn to attract 18% GST,

25 Jul

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 ...
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GST Registration is required for Medical Stores run by Charitable Trust

25 Jul

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 ...
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Companies facing cash crunch may have to reverse GST credit on delayed payments to vendors

24 Jul

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 ...
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No GST on Security Service and Supply of Manpower to Government Departments

24 Jul

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 ...
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28% of GST is applicable on Manufacturing of Change over Switch, Emulator, Timing Advance Processor, Pressure Gauge

23 Jul

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 ...
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Kerala becomes the first State to adopt second level verification for new GST registrations

23 Jul

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 ...
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PPF, bank interest to be included for calculating GST registration threshold

23 Jul

An individual, not engaged in any business, had filed an application before the Gujarat bench of AAR asking whether interest received from the savings ...
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ITC cannot be availed on GST paid for hiring vehicles for employee transportation

22 Jul

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 ...
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Developed land sold as plots will attract GST

22 Jul

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 ...
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Kerala to Conduct Verification in premises of Newly Registered Persons under Central Jurisdiction

22 Jul

The Commissioner of State Tax, Kerala issued circular empowering the enforcement squads to conduct verification in the business place of such new GST ...
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Supreme Court stays Delhi HC Judgment directing Dept to open GST TRAN-1 till 30th June 2020

20 Jul

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 ...
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Now pay GST on purchase of plots too

20 Jul

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 ...
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18% GST applicable on Royalty Paid for Licensing Services for Right to Use Minerals including its Exploration and Evaluation

20 Jul

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 ...
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Interest on PPF, savings bank deposit to be included for calculating GST registration threshold

19 Jul

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 ...
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GST trouble for aviation, hospitality and travel companies

19 Jul

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 ...
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Goods purchased, sold overseas liable to GST in India

19 Jul

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 ...
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Indore-based businessman held for GST evasion worth Rs 233 crore

18 Jul

Indore-based businessman Kishore Wadhwani has been arrested by the regional unit of the Directorate of GST Intelligence for alleged evasion of GST to ...
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Coffee growers seek extension of loan moratorium, exemption of GST on inputs

18 Jul

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 ...
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GST late fee waiver unfair, say those who have paid

17 Jul

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 ...
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Delhi HC directs GST Authority to Open Online Portal to enable Petitioner to File revised declaration TRAN-1 electronically or manually

17 Jul

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 ...
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Officials push for hike in GST levies

16 Jul

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 ...
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Allow airlines to use GST credit on spares for economy-class operations, say experts

16 Jul

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 ...
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Lockdown delays new GST registrations

15 Jul

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 ...
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CBIC clarifies on Ready-to-eat frozen parotas to attract 18% GST and 5% for plain parotas

15 Jul

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 ...
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GST Council Meet: Relief for small taxpayers

13 Jul

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 ...
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GST Council halves interest on delayed filing of returns

13 Jul

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 ...
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Parotas are not rotis and will attract a higher GST of 18%

13 Jul

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 ...
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GST Council set to meet today, likely to debate cess shortfall

12 Jul

The shortfall in goods and services tax (GST) cess collection, used for compensating states for their revenue losses, and the proposed compliance reli ...
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Salaries paid to company directors not to attract GST

11 Jul

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 ...
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CBIC extends Data of Transition under GST of Daman & Diu and Dadra & Nagar Haveli till July 31, 2020

11 Jul

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 ...
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CBIC extends the validity of E-Way Bill till June 30, 2020

11 Jul

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 ...
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GST Council urged to levy COVID19 cess on tobacco products, to generate Rs 50,000 crore

10 Jul

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 ...
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Telangana AAR rules Applicability of GST on Ice Cream, Allied Products and Milk Shakes

10 Jul

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 ...
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Centre Allows Filing Of SMS-Based Nil GST Return, To Benefit 22 Lakh Taxpayers

09 Jul

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 ...
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Government rolls out faceless customs assessment

09 Jul

The new procedure called ‘turant customs’ seeks to offer quick clearance of imports after a remote and faceless assessment by officials located outsid ...
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GST reduction, scrappage policy to help revive CV industry: Ashok Leyland

08 Jul

Reduction in GST rate and introduction of scrappage policy would help in reviving the commercial vehicle sector which has been facing headwinds for qu ...
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18% GST applicable on Leased Premises for Cold Storage purpose of Agriculture Produce on Leasing Charges

08 Jul

The authority consists of Additional Commissioner of State Tax J. Laxminarayana and Joint Commissioner of Central Tax B. Raghukiran ruled that 18% of ...
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GST Council to meet on June 12

06 Jul

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 ...
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GST collections for business activities in April drop to Rs 43,000 crore

06 Jul

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 ...
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Centre releases Rs 36,400-crore GST compensation to states

05 Jul

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 ...
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Rohtak records 67 per cent fall in GST collection

05 Jul

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 ...
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GST NAA finds Philips India guilty of profiteering Rs 4.53 lakh

04 Jul

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 ...
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GST blow to agriculture-based horse racing industry in Bengaluru

04 Jul

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 ...
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GST Council to discuss waiver of late fee for August 2017 to January 2020

02 Jul

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 ...
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GSTN enables registration functionality for companies under IBC

02 Jul

The Goods and Services Tax Network (GSTN) on Sunday announced a new registration functionality for erstwhile registered entities who are now corporate ...
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Large companies fear losing out on GST credit if vendors, suppliers go bankrupt due to Covid crisis

01 Jul

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 ...
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GST Council Meeting Likely to be Held on June 14 Via Video Conferencing

01 Jul

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 ...
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Central GST collection falls 87% in April amid lockdown

01 Jul

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 ...
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Finance ministry not in favour of raising GST rates on non-essential items

30 Jul

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 ...
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A body supporting farmers urged the Centre to cut cigarette taxes to pre-GST levels

30 Jul

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 ...
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Supply services of Food and Drinks to Educational Institutions exempted from GST

29 Jul

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 ...
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CBIC enables Facility for Registration of Insolvency Resolution Professionals on GST Portal

29 Jul

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the facility for registration of Insolvency Resolution Professionals/ Resolution ...
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18% GST applicable on Works Contract for NCBS

29 Jul

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 ...
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28% GST is applicable on Retrofitted Vehicle

28 Jul

The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the retrofitted vehicle merits classification under headi ...
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No ITC can be claimed on Tax Invoice addressed to Foreign Buyer, If the Applicant is not Recipient of Goods

28 Jul

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 ...
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Consumer companies seek GST cut to help push sales

27 Jul

Consumer-facing companies including makers of biscuits, ayurveda products, soaps and shampoos have asked the government to reduce the goods and servic ...
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CBIC clears Rs 11,052 cr GST refund claims since April 8

27 Jul

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 ...
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Tamil Nadu extends dates for GST compliances

26 Jul

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 ...
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Finance Ministry has clarified on no plans to impose Covid cess on GST

25 Jul

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 ...
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India rules out GST waiver for businesses to fight virus woes

25 Jul

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 ...
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Calamity cess on GST: plan on Govt table to tide over Covid crisis

23 Jul

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 ...
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Maharashtra Govt. issues Clarification for Speedy Refund, Relaxes Monetary Limit for ‘approval’

23 Jul

The Government of Maharashtra issued the circular clarifying the procedure to be followed for approval of the speedy Goods and Service Tax (GST) refun ...
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Whatsapp allowed for GST, excise related virtual hearings

22 Jul

Virtual hearing of all demand notices relating to indirect taxes including goods and services tax (GST) can be done through Whatsapp, authorities in T ...
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Centre gives Rs 15,340 crore as GST compensation to states

22 Jul

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 ...
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GST Analytics wing to identify risky suppliers to exporters

22 Jul

The CBIC has asked GST risk management wing to conduct supply chain analysis to identify risky major suppliers to exporters and share it with jurisdic ...
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Incomplete claim memos stall GST refunds

21 Jul

Businesses facing a cashflow squeeze due to the lockdown are grappling with deficiency memos that have stalled the release of goods and service tax re ...
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GST rate cut to boost demand may be counterproductive, say finance ministry officials

21 Jul

The government may not accept the industry’s demand to substantially reduce Goods and Services Taxes (GST) for six months to boost demand as the exemp ...
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Centre considers market borrowing for GST compensation to states

21 Jul

The government is mulling ways to compensate states for the widening goods and services tax (GST) shortfall, which include borrowing from the market a ...
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Govt may not heed calls to lower GST

20 Jul

The government may not accept industry demands to substantially reduce the Goods and Services Tax (GST) for six months to boost demand in the aftermat ...
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Dept issues Guidelines for the virtual hearing to be Heard through Whatsapp

20 Jul

The Commissioner of Central Goods and Service Tax (CGST) on Monday issued guidelines for the virtual hearing of appeals and adjudication of indirect t ...
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Horse-racing industry awaits GST rate change for survival

20 Jul

The Turf Authority of India (TAI), the apex body of six race clubs in the country, has reiterated its request to the Centre for change in the applicab ...
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GST compensation to states pending for Dec-March FY20

19 Jul

Finance Minister Nirmala Sitharaman on Sunday said GST compensation is due to all the states for the four-month period of December-March. "We are peri ...
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GST officials seek directors’remuneration information

19 Jul

Goods and services tax authorities in some states have sent notices to companies seeking information about the remuneration of directors and the tax p ...
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Government Notifies Amendment To Limit Pre-GST Tax Credits

19 Jul

The government has notified a retrospective amendment to the Central Goods and Services Tax Act to limit transitional credit to taxpayers. In doing so ...
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Disunion between essential and non-essential goods during Covid-19 may percolate to GST

18 Jul

With the plummeting demand for discretionary goods, one can expect the consumer market players to offer multiple discount schemes such as upfront exce ...
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GST TRAN-1: Delhi High Court Judgment is Nullified by Finance Act, 2020

18 Jul

The Hon’ble High Court of Delhi has ruled that the stipulation of a time limit in Rule -117 is a directory in nature since there are no supporting pro ...
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Samsonite denied benefit of reduction of GST to Consumers

16 Jul

The Authority headed by Chairman B.N. Sharma and Technical Members J.C. Chauhan and Amand Shah held that Samsonite has denied the benefit of reduction ...
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A temporary GST rate cut is the best way to boost vehicle sales in India: Kia Motors

16 Jul

Both SIAM (Society of Indian Automobile Manufacturers) and FADA (Federation of Automobile Dealers Associations ) have been consistently requesting the ...
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Indian Staffing Federation demands abolition of 18% GST

15 Jul

The Indian Staffing Federation (ISF), the apex body of temporary workers industry in the country, has demanded the Union government to categorise its ...
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Govt must lower GST rates and fuel prices to spur demand

15 Jul

The government must try and increase the GST threshold to Rs 5 crore and also work towards lowering the average GST rates from the present 14% to spur ...
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Firms receive notices despite diverse AAR rulings on director salaries

15 Jul

Even as authorities of advance rulings (AARs) differ on the liability to pay the GST on salaries paid by firms to directors, some states have already ...
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Shiv sena says Package needed but what about states' GST share

14 Jul

The Shiv Sena said the Rs 20 lakh crore package announced by the Prime Minister Narendra Modi was needed, but added that he should have also talked ab ...
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Clear picture of GST mop up in April to come by June-end

14 Jul

Finance Secretary Ajay Bhushan Pandey on Wednesday said the clear picture regarding GST collections for April would emerge only by June 30 -- the dead ...
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NAA finds Company Guilty for Profiteering for not reducing Bases Price post-GST Rate Reduction

14 Jul

The National Anti-Profiteering Authority (NAA), while imposing a penalty on a Company for not reducing the base price despite the GST rate reduction, ...
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Britannia Winkin’ Cow Thick Shake’ classifiable as Flavoured Milk attracting 12% GST

13 Jul

The Tamil Nadu Authority for Advance Ruling (AAR) ruled that UHT Sterilized Flavoured Milk marketed under the brand name ‘Britannia Winkin’ Cow Thick ...
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Sale of DVDs and CDs with Licensed Software will attract Higher GST Rate

13 Jul

The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that the supply of DVDs and CDs with Licensed Software cannot be treated as e-books for the ...
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Sale of DVDs and CDs with Licensed Software will attract Higher GST Rate

13 Jul

The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that the supply of DVDs and CDs with Licensed Software cannot be treated as e-books for the ...
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Sale of DVDs and CDs with Licensed Software will attract Higher GST Rate

13 Jul

The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that the supply of DVDs and CDs with Licensed Software cannot be treated as e-books for the ...
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Sale of DVDs and CDs with Licensed Software will attract Higher GST Rate

13 Jul

The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that the supply of DVDs and CDs with Licensed Software cannot be treated as e-books for the ...
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E-way bills on GST site double from April level

13 Jul

The average number of e-way bills generated by businesses on the GST Network portal was 6 lakh/day in the week to May 11, twice the level in April, in ...
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LIC maturity sum will not attract GST

12 Jul

In a significant ruling, the Karnataka Advance Ruling Authority has said that LIC’s maturity sum will not attract GST as it is not a service, putting ...
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Maharashtra seeks GST refund, says state has lost ₹35,000 cr battling covid-19

12 Jul

Maharashtra Chief minister Uddhav Thackeray on Monday said that covid-19 pandemic and the lockdown has left the state with a ₹35,000-crore loss and th ...
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No GST on salary to full-time directors

11 Jul

The controversy on whether remuneration paid to directors of a company is subject to Goods and Services Tax (GST) has been put to rest by a recent rul ...
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Telangana seeks 50% subsidy from Centre on yarn for handloom sector

11 Jul

The Telangana government has sought 50 percent subsidy on yarn for the textile industry, from the Centre. Besides, it wanted the GST council to consid ...
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Concessional Rate of 5% of GST isn’t applicable on Sale of Micafungin Sodium sold as Raw Materials

11 Jul

The Karnataka Authority of Advance Ruling (AAR) ruled that the concession rate of 5% of Goods and Service Tax (GST) is not applicable to the sale of M ...
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Prasadam supplied by Temples exempted from GST

09 Jul

The authority consisting of the members Dr. Ravi Prasad and Mashhoodur Rehman Farooqui ruled that 9% of KGST and 9% CGST will be applicable on the auc ...
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Concessional Rate of 5% of GST isn’t applicable on Sale of Micafungin Sodium sold as Raw Materials

09 Jul

The Karnataka Authority of Advance Ruling (AAR) ruled that the concession rate of 5% of Goods and Service Tax (GST) is not applicable to the sale of M ...
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CBIC issues clarification on GST Compliance Requirements Under Circular No. 138/08/2020 GST Dt. 06.05.2020

08 Jul

The Central Board of Indirect Taxes and Customs (CBIC), issued the clarification in respect of certain challenges faced by the registered persons in t ...
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Big relief for GST assessees as Delhi HC ruling now allows input tax credit claims till June 30

07 Jul

The Delhi High Court has ruled that the time limit for the collection of transitional credit or input tax credit (ITC) is a directive and not mandator ...
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Delhi HC allows Bharti Airtel to rectify GST returns of ₹923 crores

07 Jul

The Delhi high court has allowed Bharti Airtel Ltd to rectify its Goods and Services Tax (GST) returns of ₹923 crores for July-September 2017. The gov ...
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Govt gives relaxations to taxpayers for GST compliance for filing annual returns and audits

06 Jul

In a notification dated May 5, the Central Board of Indirect Taxes and Customs (CBIC) has allowed registered persons to furnish GSTR-3B verified throu ...
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Now taxpayers can claim transitional credit until June 30

06 Jul

In a landmark judgment that may have a severe impact on both state and Central government revenues, the Delhi High court has allowed all taxpayers to ...
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CBIC cautions Taxpayers from Fake Messages on GST Refunds

05 Jul

The Central Board of Indirect Taxes and Customs ( CBIC ) has cautioned the Taxpayers from Fake Messages on GST Refunds. It has been observed that some ...
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States see sharp erosion in GST collections for April

05 Jul

The COVID-19 outbreak and nationwide lockdown is severely denting the revenue collections of states pushing them to look at possible revenue earning m ...
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Drivers urge govt to bring fuel under GST, defer EMIs

05 Jul

Bringing fuel under GST ambit and deferment of vehicle EMIs for a few more months are some of the requests made by cab and autorickshaw drivers who ar ...
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GST audit guidelines need to be reviewed to include video conferencing

04 Jul

GST officers would have to audit and assess taxpayers via video-conferencing instead of undertaking physical visits amid the coronavirus pandemic, and ...
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Government defers release of April GST collection data

02 Jul

The government on 1st May deferred the release of April GST revenue collection data as the ongoing lockdown and extended return filing deadline led to ...
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Wrong Destination’ not a Ground for Imposing Penalty under GST

02 Jul

The High Court of Telangana held that penalty under the GST Acts cannot be levied on the ground of ‘wrong destination’ and any action of collecting pe ...
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No Interest Recovery Without Due Process, Says Jharkhand High Court

02 Jul

The process of recovery of interest cannot be initiated against businesses under GST laws without a prior show cause notice and adjudication proceedin ...
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5 percent GST is applicable on Poha Bran

01 Jul

The Karnataka Authority of Advance Ruling ( AAR ) ruled that 2.5% Central Goods and Service Tax (CGST) and 2.5% of Karnataka Goods and Service Tax (KG ...
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Precipitous 80-90% fall in states' April GST collections

01 Jul

Month's GST collections for Andhra Pradesh, West Bengal, Assam crashed due to coronavirus-induced lockdown; Centre's net April collections may drop fr ...
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GST collections for April and May set to decline drastically

30 Jul

Goods and services tax (GST) collections are set to fall drastically in April and May with the number of electronic permits or e-way bills generated f ...
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GST Provision for Inter-Transfer of Balances lying in E-Cash Ledger applicable from 21st April

30 Jul

The Central Board of Indirect Taxes and Customs (CBIC) notified 21 April 2020 as an effective date for Rule 87(13) of Central Goods and Service Tax (C ...
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CBDT defers furnishing of GST & GAAR details in Form 3D till March 31, 2021

29 Jul

The Income Tax Department on Monday deferred for the third time the requirement for companies to include in their Income Tax audit report the details ...
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Madras HC issues notice to Centre on plea seeking removal of GST on masks

29 Jul

The Madras High Court on Tuesday issued notice to the Union government on a PIL seeking removal of the 18 percent GST on sanitizers and 5 percent GST ...
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States seek GST compensation beyond 2022 to tide over Covid-19 crisis

28 Jul

Opposition-ruled states including Punjab, Kerala, and Delhi pitched for extension of goods and services tax compensation to the states for two years b ...
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Ficci says to Subsume multiple levies into GST to cut tax burden on mining sector

28 Jul

Industry body Federation of Indian Chambers of Commerce & Industry (FICCI) has sought to subsume all levies like royalty and contributions to ...
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6-month GST payment freeze for worst-hit sectors

27 Jul

India is considering a goods and services tax (GST) relief package to counter the impact of Covid-19 and help prop up the economy, said people with kn ...
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Central Board of Indirect Taxes clears Rs 10,700 cr GST, customs duty refund in 16 days

27 Jul

The Central Board of Indirect Taxes (CBIC) has cleared over Rs 10,700 crore worth refunds in GST and customs duty between April 8-23. In the 'Special ...
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Karnataka AAR ruling: Subletting, leasing under GST ambit

25 Jul

In a case involving about 42 single rooms having been sublet by a tenant to students for periods ranging between three months to 11 months, AAR noted ...
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GST not leviable on Government Subsidy to Farmers

25 Jul

The applicant, MeghaAgrotech Private Limited is engaged in the business of manufacturing and supplying of LLDPE Pipes and micro-irrigation systems and ...
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ITC allowable on ‘Second Hand Gold Jewellery’ only If Purchased from GST Registrants

25 Jul

The Authority of Advance Ruling (AAR) ruled that Input Tax Credit can be claimed on the ‘second-hand gold jewellery’ only in the case if it is purchas ...
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GST concessions can go a long way in supporting businesses

24 Jul

The post-Covid economic scenario will be extremely cost-sensitive. Seamless flow of ITC can greatly reduce cost stress. During lockdown, companies wil ...
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Facility of SB005 error correction in the Customs EDI extended

24 Jul

"Considering that the entire country is facing unprecedented challenges due to the COVID-19 pandemic, and that the exporters are facing genuine hardsh ...
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Madhya Pradesh HC grants Bail to alleged GST Offender, kept in Jail with COVID-19 Infected Persons

24 Jul

The Madhya Pradesh High Court on Tuesday granted bail to an accused person arrested in a GST evasion case by considering that he was kept in the jail ...
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GST Interest Liability is Automatic, Leviable only after Completion of Adjudication Proceedings

23 Jul

The petitioners approached the High Court for relief contending that the impugned letter issued by respondent demanding interest amount on the alleged ...
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Infosys is "extremely mobilised" on the GST Network enhancement project

23 Jul

Infosys is "extremely mobilised" on the GST Network enhancement project and work is progressing at "full speed" even as a large segment of its employe ...
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GST exemption on PPE will hurt domestic manufacturers

23 Jul

The Apparel Export Council of India has said that it does not mind paying GST and has not requested any Goods and Services Tax (GST) exemption from th ...
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NAA imposes Penalty on Dealers for increasing Base Price of Dettol despite GST Rate Reduction

22 Jul

The Applicant filed an application before the Standing Committee on Anti-profiteering stating that the respondent, the Reckitt Benckiser India Pvt.Ltd ...
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Govt unlikely to exempt GST on masks, ventilators, PPEs as it would lead to blocking of input tax credit

22 Jul

The government is unlikely to exempt GST on medical items like ventilators, PPEs, masks, test kits, and sanitisers, as it would lead to a blocked inpu ...
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Govt not cutting GST on PPEs, masks, to save local cos from cheap imports

21 Jul

The government is holding back on any GST rate reduction for items like PPE, ventilators, test kits, and sanitisers, as this could end up encouraging ...
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NAA finds Subway Franchisee Guilty for Profiteering for Non-Passing of GST Rate Reduction Benefit and Hiking Food Price

21 Jul

The complaint against the respondent-restaurant, N Rai Delights LLP, was that after the GST rate reduction in November 2017 where the rates were decre ...
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GST waiver will make domestic PPEs costlier than Chinese products

20 Jul

Government’s tax experts have advised the finance ministry against removing Goods and Services Tax (GST) on personal protective equipment (PPEs) becau ...
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Central Board of indirect taxes eases GST refund process to aid businesses

20 Jul

With businesses moving at a slow pace owing to the novel coronavirus outbreak, the Central Board of Indirect Taxes and Customs (CBIC) has decided to e ...
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CBIC Processes Over 12K Refund Applications To Help GST Taxpayers Amid COVID-19 Crisis

18 Jul

In a bid to help the GST taxpayers amid the Coronavirus crisis, the Central Board of Indirect Taxes and Customs (CBIC) has processed about 12,923 refu ...
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Allahabad HC grants Anticipatory Bail to Accused of GST Offence

18 Jul

The applicant, ManmohanLalmanAgarwalapproached the High Court for an anticipatory bail in the event of their arrest in connection with the offense pun ...
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Finish GST fraud case probe within 3 months or else accused will get bail

18 Jul

The Supreme Court on 17th April asked the Centre to complete its probe within three months against a man who created 555 fake firms to dupe the g ...
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Supply of Water as a part of Maintenance Service despite Separate Contract, GST applicable

17 Jul

The Rajasthan Authority of Advance Ruling (AAR) ruled that supply of water as a part of maintenance service despite separate contracts and the Goods a ...
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GST Authorities can’t Arbitrarily Confiscate Godown

17 Jul

The Gujarat High Court held that Godown of dealers cannot be sealed by Goods and Service Tax (GST) authorities without having reasons to believe that ...
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Transfer of under Construction Project do not attract GST

16 Jul

The Authority of Advance Ruling (AAR), Uttrakhand ruled that the transfer of under-construction projects under the ‘Business Transfer Project’ is exem ...
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Puducherry government dependent on GST compensation for next month’s expenditure

16 Jul

With the nationwide COVID-19 lockdown extended till May 3, the territorial administration is now solely banking on Goods and Services Tax compensation ...
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Government To Refund GST To Businesses For Order Cancellations Due To COVID-19

16 Jul

The government will give refunds to businesses for goods and services tax paid on orders that were cancelled by customers due to the national lockdown ...
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Businesses can claim GST refund for cancellation of services, goods contract; aviation sector to benefit

15 Jul

In a move that would benefit the aviation and hospitality sectors, which have seen mass cancellation of bookings due to the nationwide coronavirus loc ...
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Madras HC denies release of Korean Nationals Arrested for GST Offence

15 Jul

The High Court of Madras through the video conferencing denied the Korean Nationals release from the Special Camp on the grounds of COVID-19 lockdown ...
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News Broadcasters Association Seeks GST Relief On Broadcast Media Ads

15 Jul

The News Broadcasters Association today urged Finance Minister Nirmala Sitharaman to remove the 18 percent GST on advertisements on broadcast media or ...
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Centre may raise loan to pay shortfall of GST compensation amount to States

14 Jul

The Union government is exploring raising a loan to pay the shortfall of the Goods and Services Tax (GST) compensation amount to States as the latter ...
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States mount pressure on Centre for early release of GST dues

14 Jul

States have started demanding early release of GST compensation for FY20 in view of the COVID-19 crisis putting the already stretched financial positi ...
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GST Dept should Release the Seized Goods immediately after once Security Deposit is made: Allahabad HC

14 Jul

M/S Skipper Limited was required to furnish a bank guarantee equivalent to the amount of his liability determined under Section 129 of the Uttar Prade ...
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Many large companies will honour hiring pledge

14 Jul

It’s not all gloom and doom. In these unprecedented times, a number of companies are keeping their promise to honour offers made to campus hires.Among ...
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Korean companies keen to move out of China to India

14 Jul

Rising trade war between the US & China has pushed South Korean companies to consider moving some of their factories from China to India.The Korea ...
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Government should provide more relief to taxpayers to combat Covid-19 crisis

13 Jul

Aligned to measures taken by countries around the globe for countering the COVID-19 economic impact, the Indian Government last week had announced a s ...
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April GST collections seen down 40%, May mop-up too to be hit

11 Jul

With the lockdown hitting transactions as well as tax payments by businesses in the last week of March, the government’s gross GST revenue in April co ...
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Centre releases Rs 1,237 cr GST compensation arrears to Punjab

11 Jul

Reeling under a huge revenue loss due to the ongoing lockdown to check the spread of coronavirus, Punjab on Friday received goods and services (GST) c ...
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Govt to effect changes in state GST Act

10 Jul

The Gujarat government has decided to make appropriate changes in the state Goods and Services Tax (GST) Act to provide relief to taxpayers in view of ...
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GST Dept cannot detain Goods for bonafide Misclassifation

10 Jul

The Kerala High Court directed to release the seized goods which were detained on the ground of bonafide misclassification of goods.While presiding ov ...
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Centre releases Rs 14,103 crore GST compensation to states; more to be released soon

09 Jul

The central government released the second installment of goods and services tax (GST) compensation to states, of over Rs 14,100 crore, for the Octobe ...
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Rajasthan HC strikes down GST Demand against UltraTech for old unpaid dues of Binani Cement

09 Jul

The assessee, Binani Cement suffered huge losses and was unable to pay the debts to the Financial Creditor i.e. Bank of Baroda. Consequently, The Bina ...
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Govt set to release Rs 20,000 cr pending GST compensation to states soon

08 Jul

The finance ministry is set to release Rs 20,000 crore in pending goods and service tax (GST) compensation to states soon. This will not be from the c ...
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Remuneration paid to directors to attract GST

08 Jul

Companies will have to pay GST on the remuneration they dole out to directors, the Authority for Advance Ruling (AAR) has said.In an application filed ...
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Lowest ever GST on imports in March

07 Jul

The government managed to rake in just over Rs 18,000 crore through integrated GST (IGST) on imports in March, the lowest since the new tax regime kic ...
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GST officers process 10,077 new registrations, 7,876 refund applications in 10 days of lockdown

06 Jul

The Goods and Services Tax Network (GSTN) has enabled over 20,000 registrations and processed about 8,000 refund cases till April 3, 2020, during the ...
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Honor India will not increase prices of smartphones

06 Jul

Smartphone maker Honor said it will absorb the GST hike on mobile phones and not raise prices of its handsets. The government had last month increased ...
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Government Temporarily Lifts GST Input Tax Credit Restrictions

04 Jul

The government has temporarily lifted restrictions imposed on businesses to avail GST credit for February to August, a move that would help businesses ...
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E-way bill validity extended

04 Jul

The government extended the validity of e-way bills till April 30, which were set to expire between March 20 and April 15, giving a big relief to an i ...
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Ajit Pawar demands GST exemption on medical equipment

04 Jul

Maharashtra Deputy Chief Minister Ajit Pawar has written to Union Finance Minister Nirmala Sitharaman seeking Goods and Services Tax (GST) exemption f ...
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Amit Mitra writes to FM Sitharaman, demands GST dues

04 Jul

Facing aggravated fiscal woes due to the lockdown, states have demanded an immediate release of their pending goods and services tax (GST) dues by the ...
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GSTN issues Advisory on Tracking GST Refund Application Status on GST Portal and PFMS portal

03 Jul

The functionality of tracking the status of the refund application has been available on the GST portal. By utilizing this functionality, the taxpayer ...
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March GST collections stand at Rs 97,597 crore

02 Jul

Goods and services tax collections for March stood at Rs 97,597 crore, falling way short of Rs 1.15 lakh crore target set by the government. Rs 1.05 l ...
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GST collection dips, auto sales fall as Covid-19 takes toll on economy

02 Jul

Goods and Services Tax (GST) collections for March saw an 8% decline over the same month a year ago to the lowest in five months, and auto sales in th ...
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Goods trucks seek extension on payment of road tax, GST

02 Jul

Trucks carrying goods have sought government intervention for extending the due date of payment of road tax and GST to September 30 amid growing conce ...
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Government Proposes Amendments To Curb Export Frauds

01 Jul

Having found various instances of export fraud under the Goods and Services Tax regime, the government has now proposed measures to address the abuse. ...
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5% GST applicable on Supply of Waste Paper and Transportation Services received from GTA

01 Jul

The Authority of Advance Ruling (AAR) held that 5% of Goods and Service Tax (GST) is applicable to the supply of waste paper and transportation servic ...
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GST waiver sought on equipment bought to combat Covid-19 using MPLADS

31 Jul

More than Rs 10 lakh is the GST paid by Rajya Sabha MP - A Vijayakumar, for the purchase of emergency health care equipment for the Kanyakumari govern ...
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February GST collections see impact of coronavirus outbreak, net Rs 98,000 crore

31 Jul

The impact of the novel coronavirus outbreak has been felt in the collection of the Goods and Services Tax (GST) for February, with the government col ...
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New Procedure for GST Compliance for IRP/RP

30 Jul

CBIC has issued Notification, which provides special procedures under GST for corporate debtors undergoing corporate insolvency resolution process (CI ...
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Printing and supply of text books supplied between two or more departments of same government not registered under GST Act is exempted

30 Jul

Printing and supply of textbooks and printed materials, annual reports, receipt books, measurement books, and logbooks, when supplied to government de ...
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Form TRAN-1 can be filled on account of the technical glitches

30 Jul

Having heard the parties and having gone through the materials on record, Bench was of the view that the writ-applicant is entitled to seek the benefi ...
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Mobile phone makers seek rollback of GST increase

28 Jul

Mobile handset manufacturers have claimed that the recent 50% hike in GST rate was ‘erroneously’ based on the premise that the pre-GST excise duty rat ...
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Orissa HC directs Govt to issue Instructions for Reimbursement of differential Tax Amount

28 Jul

A two-judge bench of the Orissa High Court, last week has directed the Government administrative departments to provide instructions for the reimburse ...
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GST Rule prescribing Time Limit to file TRAN-1 not Ultravires

28 Jul

The Bombay High Court has recently held that the time limit prescribed to file TRAN-1 under Rule 117 of the Goods and Services Tax Rules is not ultra ...
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Separate GST registrations confuse interim resolution professionals

27 Jul

IRPs appointed under the Insolvency and Bankruptcy Code (IBC) have approached the finance ministry, seeking clarity on several aspects regarding the C ...
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Bombay High Court Restricts Taxpayers’ Ability To Use Credits

27 Jul

The tax department has the power to impose a time limit for use of accumulated credits from the erstwhile indirect tax regime, the Bombay High Court h ...
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12% GST on Composite Supply of Works Contract for Metro & Monorail

27 Jul

The Authority of Advance Ruling (AAR), West Bengal ruled that 12% of GST is applicable to the composite supply of work contracts for Metro & Monor ...
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CBIC clarifies on issues under GST Law for Companies under IBC

26 Jul

The Central Board of Indirect Taxes and Customs has issued clarifications in respect of issues under GST law for companies under the Insolvency and Ba ...
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Realme to absorb GST hike, won't increase Narzo series price in April

26 Jul

Chinese smartphone brand Realme said it would not pass on the GST hike to users with its new Narzo series as the company has decided to absorb the cos ...
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GST filing deferment no relief for mobile phone makers after recent rate hike

26 Jul

The deferred filing of Goods and Services Tax returns won’t provide much of a breather for mobile phone manufacturers, which face a 6 percentage point ...
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Bihar government withdraws orders to attach tax defaulters’ bank accounts

25 Jul

Deputy CM Sushil Kumar Modi said the earlier orders issued to attach the bank accounts of tax defaulters for not clearing dues worth Rs 375 crore befo ...
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AAR ruled ‘Phytotherapy’ is not exempted under GST, Need to be registered

25 Jul

The Authority of Advance Ruling (AAR) West Bengal ruled that the ‘phytotherapy’ is not exempted under Goods and Service Tax (GST) and so it needs to b ...
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ATM Withdrawals Free for 3 Months; Last Date for Aadhaar-PAN Linking, GST & I-T Return Extended to June 30

25 Jul

In order to provide economic and mental relief to the country as the coronavirus pandemic spreads, Union Finance Minister Nirmala Sitharaman on Tuesda ...
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COVID-19: Deadlines for filing GST returns extended

24 Jul

The Ministry of Finance has extended the deadlines for filing returns of goods and services tax (GST) in view of the coronavirus crisis and difficulti ...
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Hoteliers seek Modi's help on loan deferment, GST holiday

24 Jul

Fearing huge financial burden owing to cancellation of conferences as well as marriage and banquet bookings to stave off coronavirus (COVID-19) spread ...
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Companies Under IBC Will Need New GST Registration

24 Jul

Companies under Insolvency and Bankruptcy process must avail a fresh GST registration within 30 days of a resolution professional being appointed for ...
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SC Stays Kerala & Allahabad HC Orders Which Stopped Recovery Measures By Tax Authorities, Banks Citing COVID19

23 Jul

The Supreme Court on Friday stayed the general orders passed by the High Courts of Allahabad and Kerala which restrained all recovery proceedings by t ...
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Coronavirus among grounds for leniency, says court while awarding 3-year jail to GST officials for corruption

23 Jul

Two officials who worked in the Goods and Services Tax office in Pune in 2019 received a lenient sentence in a corruption case on 21 March due to the ...
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Businesses look for assistance as coronavirus starts hurting

23 Jul

For millions of small businesses struggling with a slowing domestic demand over the last few quarters, the collapse of economic activities due to the ...
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Service tax audit under GST can be done, says Delhi High Court

20 Jul

The Delhi High Court has ruled that the Service Tax Audit under Goods and Service Tax (GST) is permissible. The petition was filed by Aargus Global Lo ...
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Centre gives Rs 1,051 crore less compensation for GST losses

20 Jul

The central government has given Rs 1,051 crore less compensation to the Gujarat government for its GST losses, the government informed in the assembl ...
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Activities performed by World Researchers Association are not covered under Charitable Activities

20 Jul

World Researchers Association is an international not for profit company incorporated under section 8 of Companies Act, 2013 & registered U/s. 12A ...
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After Demonetisation, GST & liquidity crisis, came the coronavirus to drive small businesses to the brink

19 Jul

The shock of demonetization in 2016, the haphazard implementation of GST and the liquidity crisis that followed the collapse of IL&FS made MSMEs a ...
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GST collections may see a sharp drop in March and April due to corona virus lock-down

19 Jul

Virtual lockdown and closure of offices across states will have an impact on GST collections in March and April even as taxpayers demand an extension ...
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Racket busted of Large number of Non-Operational Partnership Firms falsely claiming refunds against accumulated ITC

19 Jul

A large number of proprietorship/partnership firms registered with Gautam Buddha Nagar and other Commissionerates of Delhi NCR which were connected an ...
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No. of fake invoices raised in GST double in one year

18 Jul

Even as the government aims to make GST more streamlined every day, the fraud cases related to fake GST invoices are on a rise. The fraud cases relate ...
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Electroplating Service liable to 18% and 12% GST after Oct 2019

18 Jul

The authority observed that the applicant is a registered person and when he undertakes electroplating activities on the goods belonging to another re ...
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GST Council stays tax hike relieving Textile Businessmen

18 Jul

City businessmen into textiles and garments have heaved a sigh of relief after the GST Council, in its meeting held on Saturday, did not hike the rate ...
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Patanjali fined for not passing GST benefits to customers

17 Jul

Patanjali Ayurveda Ltd has been fined Rs 75.08 crore by the National Anti-Profiteering Authority (NAA) for not passing the benefits of goods and servi ...
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Handset companies say GST hike will hit jobs and consumers

17 Jul

Handset makers and mobile retailers said the proposed GST hike on mobile phones is a “counter-intuitive and insensitive” move that will place an addit ...
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GST Council extends Due Date for filing GSTR-9 and GSTR-9C for FY 2018-19

16 Jul

The GST Council, in its 39th meeting, has extended the due date for filing GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) for the Finan ...
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GST Council defers facility of E-Invoice, QR Code and E-Wallet Scheme

16 Jul

The GST Council, in its 39th meeting, decided to defer the facility of E-invoice, QR Code and E-Wallet Scheme. A certain class of registered persons ( ...
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Interest On Delayed Payments Applicable Only On Net Liability:GST Council

16 Jul

In a big relief for businesses, the Goods and Services Tax Council has said that interest on delayed payments of GST would be applicable only on the n ...
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In today's meeting GST Council expected to remove tax anomalies

14 Jul

The apex indirect tax body, the GST Council, will not increase GST cess on items like automobiles at its meeting on 14.03.20 but will instead consider ...
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To check export valuation, officials devise SOP for verification of risky taxpayers

14 Jul

GST officers will soon come out with measures to check valuation of exports and device a standard operating procedure (SOP) for physical spot verifica ...
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Civil Aviation ministry pitches again to bring ATF under GST

14 Jul

The Civil Aviation ministry is making a renewed push to bring aviation turbine fuel under the goods and services tax regime as it looks to provide rel ...
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GST not applicable on ‘Mobilization Advance’ received in Pre-GST Era

13 Jul

The Authority for Advance Ruling (AAR) has ruled that the GST is not applicable to ‘Mobilization Advance’ received before the implementation of Goods ...
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GST is likely to be increased on mobile phones, textiles in Saturday meeting

12 Jul

Goods and services tax (GST) rates on mobile phones, footwear, textiles, and fertiliser are likely to be raised on 14th March. That is whe ...
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Gujarat HC issues notices to Centre, GST Council over surcharge imposition

12 Jul

The Gujarat High Court has issued notices to the Union government, the GST Council, and the Customs authorities over the imposition of surcharge and c ...
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17 areas of dissatisfaction are flagged with Infosys-designed GSTN

12 Jul

The finance ministry has flagged 17 'areas of dissatisfaction' with Infosys-designed GST Network, including transition issues for taxpayers in Jammu a ...
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Kerala HC AARs can determine place of supply under the GST regime

11 Jul

The Kerala High Court has paved the way for the Authority for Advance Rulings (AARs) to decide the place of supply under the goods and services tax (G ...
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Nandan Nilekani gets govt summons over persisting GSTN glitches

11 Jul

The government has asked Infosys chairman Nandan Nilekani to explain why the IT major has failed to fix glitches in the GST Network. Nilekani will hav ...
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GST Registration can be cancelled for not furnishing returns for a continuous period of 6 months

11 Jul

The Kerala High Court has ruled that the proper officer may cancel the GST registration of a person for not furnishing the returns for a continuous pe ...
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E-invoicing under GST may be deferred

09 Jul

The government is considering deferring the implementation of e-invoicing under goods and services tax (GST) by three months to July 1, two officials ...
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Two directors of apparel exporting companies arrested for fraudulently claiming refund

09 Jul

The Directorate General of GST Intelligence (DGGI) on 7th March said it has registered a case against Aastha Apparels Pvt Ltd and others for fraudulen ...
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Central, state GST officials discuss measures to increase revenue, detect tax evasion

09 Jul

With the Centre not being able to increase its GST collections, efforts are now underway to tighten regulations and to re-examine incentives and expor ...
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GST officials examine further tightening of rules to boost revenue

07 Jul

Central and state officials examined if Goods and Services Tax (GST) Rules could be further tightened to improve tax compliance and revenue collection ...
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JSW Group receives clarity from Maharashtra AAAR for GST on coal

07 Jul

The Maharashtra Appellate Authority for Advance Ruling (AAAR) for Goods and Service Tax has passed an order to exclude the Sajjan Jindal-led JSW Energ ...
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GST Intelligence unearths Rs 150 crore fraud after raids in J&K, Delhi and UP

07 Jul

The Directorate of the Goods and Services Tax Intelligence here has detected fraudulent input tax credit (ITC) claims totalling Rs 150 crore after a s ...
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Companies challenge Government's decision in court to impose GST on license and spectrum fee

06 Jul

At a time when telecom majors are embroiled in a crisis overpaying AGR dues and Goods and Services Tax (GST) refund, a group of small companies have d ...
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Interest on delayed payments to figure in GST Council meet

06 Jul

Businesses facing the prospect of having to pay around Rs 46,000 crore as interest on delayed payment of goods and services tax (GST) may get a reprie ...
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Fate of West Bengal state lottery uncertain as threat of GST hike looms large

06 Jul

West Bengal State Lottery has received a severe blow due to a steep rise in the Goods and Services Tax (GST), forcing the lottery ticket sellers and a ...
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GST officers book case against 3 firms for issuing fake invoice

05 Jul

GST officers have booked case against three firms for issuing fake invoice worth over Rs 4,198 crore and fraudulently claiming input tax credit of Rs ...
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A lower GST rate for auto sector is suggested by parliamentary panel

05 Jul

A parliamentary panel suggested lower GST rate for the automobile segment at least till the revival of the sector, and uniform road tax across all sta ...
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Man claims Rs.5 crore in GST by setting up a fake export firm

05 Jul

A Navi Mumbai man was booked for setting up a fake export firm and claiming Goods and Services Tax (GST) returns of Rs.5.04 crore. The Economic Offenc ...
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Fake invoicing racket worth Rs 7,896 cr busted

04 Jul

The anti-evasion wing of Central Tax, Delhi West Commissionerate, cracked down on a racket of fake invoicing to the tune of Rs 7,896 crore, and involv ...
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Bail pleas of two GST racket accused rejected

04 Jul

Local courts in Valsad and Surat rejected the bail pleas of two accused earlier arrested by Directorate General of GST Intelligence (DGGI) for evading ...
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Monthly GST Lottery offer for B2C Invoices to start from April 1

03 Jul

The government is planning to launch lottery offer under the Goods and Services Tax (GST) from April 1 by conducting lucky draws every month for invoi ...
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Samsung fined over Rs 37 lakh for not reducing prices of TV post GST rate cut

03 Jul

India’s National Anti-profiteering Authority (NAA) has slapped a penalty of Rs 37.85 lakh on South Korean electronics major Samsung for not passing on ...
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GST officials detect fake invoices in Delhi, 3 arrested

03 Jul

GST officials have arrested three persons involved in floating 17 fake firms and wrongfully availing credit on taxes paid on input worth Rs 436 crore ...
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GST collections fall short of target for February stand at Rs 1.05 lakh crore

02 Jul

Goods and Services Tax collections for February stood at Rs 1.05 lakh crore, falling short of the Rs 1.15 lakh crore target set by the government but ...
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Panel formed in Andhra Pradesh to deal with GST grievances

02 Jul

A Grievance Redressal Committee comprising GST officials from the Centre and the State, representatives of trade associations, tax professionals and G ...
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CBIC Chairman M Ajit Kumar briefs professionals on GST at Guwahati

02 Jul

CBIC Chairman M. Ajit Kumar on February 28 interacted with the members of Trade and Industry as well as professionals in the field of indirect taxes a ...
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CBI books GST Asst Commissioner for undeclared income

29 Jul

The CBI has made an official note of the personal details of Deepak Pandit, an Assistant Commissioner of GST and Central Excise, in corruption charges ...
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J&K Govt. extends Amnesty Scheme for settling unresolved GST issues

29 Jul

The Government of Jammu and Kashmir’s Finance Department, has announced an extension of the amnesty scheme for the settlement of unresolved GST issues ...
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GST Audit Authority and Business Intelligence Unit proposed in Rajasthan Budget

29 Jul

Rajasthan Budget has proposed to constitute a GST Audit Authority and Business Intelligent Unit for efficient management of commercial taxes in the in ...
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Voda Idea asks DoT for Rs 8,000 crore GST refund

28 Jul

Financially stressed telecom operator Vodafone Idea, in a letter to the Department of Telecommunications (DoT), has sought the adjustment of Goods and ...
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Taxmen raid detect large scale GST evasion

28 Jul

The Commercial Taxes Department has unearthed large scale evasion of GST by jewelers after it found 60 kg of gold ornaments worth Rs 21 crore without ...
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Haryana GST Dept extends time limit for submitting declaration in FORM GST TRAN-1

28 Jul

The Commissioner of State Tax, extended the period for submitting the declaration in FORM GST TRAN-1 till 31st March 2020, for the class of registered ...
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GSTN launches new toll-free number for Helpdesk. Old number discontinued.

27 Jul

The Goods and Services Tax Network (GSTN) on 26.02.20 said it has launched a new toll-free number for GST helpdesk, which will be operational 365 days ...
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Rs 500-crore GST racket busted, 2 held in Kolkata

27 Jul

The city zonal unit of the Directorate General of GST Intelligence (DGGI) on Tuesday unearthed a GST fraud of Rs 500 crore over multiple transactions. ...
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Odisha expecting GST compensation grants of Rs 6,200 cr for FY21

26 Jul

Odisha has estimated Goods & Services Tax (GST) compensation grants of Rs 6200 crore for 2020-21, an increase of 2.9% over the revised estimate (R ...
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Notices issued to companies over late input credit claim under GST frame

26 Jul

The indirect tax department has issued notices to thousands of companies that had claimed input tax credit under the Goods and Services Tax framework ...
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Calcutta HC stays Service Tax Audits Post-GST Rollout

26 Jul

The Calcutta High Court has stayed the Service Tax Audits against Magma Housing Finance Ltd., which demands the details for Service Tax Audits.Counsel ...
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Gujarat HC releases Goods detained by GST Department for want of E-Way Bill

25 Jul

The Gujarat High Court has ordered the GST Department to release goods and consignments which is detained for not carrying E-Way Bill is a result of t ...
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GST officials raid steel trader, unearth tax evasion of crores

25 Jul

The enforcement wing of the state Goods and Services Tax (GST) department unearthed tax evasion allegedly worth several crores of rupees by a Raipur-b ...
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28% GST on lotteries from March 1

24 Jul

A 28 per cent Goods and Services Tax (GST) will be levied on lotteries from March 1, according to a notification. The GST Council had in December last ...
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Tax parity needed between cotton and man-made fibres

24 Jul

Textile Minister Smriti Irani has approached Finance Minister Nirmala Sitharaman seeking her intervention to ensure parity of the Goods and Services T ...
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Companies take government and the indirect tax department to court over denial of GST credit on gifts

22 Jul

A group of companies has dragged the government and the indirect tax department to court over denying input tax credit on gifts and sample ...
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GST Dept Notices Are Demanding Interest as Low as Rs2 on Late Payments

22 Jul

After directions from the Central Board of Indirect Taxes and Customs (CBIC) to recover goods and services tax (GST) interest, totalling Rs 46,000 cro ...
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Stop indiscriminate stoppage of GST credit : Punjab to centre

22 Jul

Punjab's Finance Minister, Manpreet Singh Badal has asked the central government to remove a block on goods and services tax (GST) credits as it was l ...
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Delhi HC grants stay to Nestle

22 Jul

Coming to the rescue of fast-moving consumer goods giant Nestlé, the Delhi High Court has again stayed National Anti-profiteering Authority’s (NAA’s) ...
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Mumbai's Rotary Club gets GST relief on membership fees On appeal

20 Jul

Rotary Club of Mumbai-Queens Necklace, one of the clubs affiliated to Rotary International, has got relief against paying GST for membership, subscr ...
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After CCB raids, GST shock for Bangalore Turf Club bookies

20 Jul

The Enforcement wing of the Karnataka Goods and Services Tax (GST) department conducted simultaneous raids on 20 Bangalore Turf Club bookies and une ...
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Delhi HC stays order in profiteering after sanitary napkins got GST exemption

19 Jul

The Delhi High Court stayed the National Anti-Profiteering Authority order holding that Johnson & Johnson Private Ltd had indulged in profiteering ...
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CBIC mandates Registered Taxpayers to quote GSTIN on EXIM Declarations

19 Jul

The Central Board of Indirect Taxes and Customs (CBIC) in a circular clarified that it is mandatory for registered taxpayers to declare GSTIN on EXIM ...
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HP GST Appellate Authority imposes Penalty on Failure to Generate E-Way Bill

19 Jul

The Himachal Pradesh Appellate Authority held that taxpayer failed to cover all the documents i.e. E-way Bills during the transportation of goods and ...
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States to get Oct-Nov GST compensation before next Council meet

18 Jul

The Centre will pay out compensation to states for the October-November period before the next Goods & Services Tax (GST) Council meeting tentativ ...
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Madras HC says Interest should be Levied on Belated GST Cash Payments but not on ITC

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