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Inverted duty correction: Synthetic textile prices in Gujarat will rise

21 Oct

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

Greater Noida to recover GST dues from allottees

21 Oct

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

Small industries’ association wants GST to be reduced

21 Oct

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

Canteen services for employees out of GST net

20 Oct

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

Govt. may weigh single tax for online gaming

20 Oct

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

E-way bill generation moderates; pick-up likely before Diwali

20 Oct

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

Multiple rates, applications make GST more complicated, Revenue Deptt. issued clarifications

19 Oct

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

Govt. may ease GST norms on re-export of leased aircraft

19 Oct

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

GST officers seek gazetted rank, power

19 Oct

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

Local soft drink companies hit by GST hike

18 Oct

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

No additional borrowing by Centre to meet GST compensation in FY22

18 Oct

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

Ahmedabad & Surat becoming bogus GST billing hubs

18 Oct

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

Wellness Centres too are under GST net

16 Oct

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

Garments sector demands 5% uniform GST for the sector

16 Oct

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

2 businessmen, CA held for Rs 48 crore fraud for GST

16 Oct

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

SC stays GST on royalty paid by petitioner to state for mining rights

14 Oct

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

Delhi CGST officials arrest mastermind of Rs 134 crore tax scam

14 Oct

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

GSTN blocks Rs 14,000-cr input tax credits of 66,000 taxpayers

13 Oct

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

GST payable on Complete Billing amount including Employer portion of EPF & ESl Amount: AAR

13 Oct

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

Gaming industry & casinos are likely to get relief from GST with clarity on GST applicability

12 Oct

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

Orissa HC: Pre-Deposits for GST appeals must be filed via cash ledger only

12 Oct

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

Govt may consider higher GST, fewer rates to simplify structure

12 Oct

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

Postpone hike in GST on railway products: Railway Suppliers Association to FM

11 Oct

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

Industrialist wants GST on solar devices restored to 5%

11 Oct

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

GST may be leviable on diwali gifts by companies to their employees

09 Oct

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

Ministerial group for GST rates review to meet soon: Karnataka CM

09 Oct

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

Goa gets Rs 213 crore GST compensation

09 Oct

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

GST rate clarifications on cattle feed may lead to disputes

08 Oct

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

Govt releases Rs. 40k crore to states, UTs as GST shortfall

08 Oct

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

Ice creams sold at parlours taxable at 18%

07 Oct

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

GST revenue grows in Punjab, exceeded pre-Covid levels

07 Oct

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

Defaulters on GST filing cannot raise e-way bills

06 Oct

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

GST registration can't be cancelled if business not carried out from premises due to Covid 19

06 Oct

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

Kerala FM: Centre owes GST compensation Kerala nearly Rs 4,500 crore

06 Oct

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

Three-tier GST rate structure likely by next fiscal

05 Oct

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

E-way bill generation at a six-month high in September

05 Oct

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

Himachal's corrugated box makers opposed the hike in GST from 12 to 18 %

04 Oct

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

Court disapponted from GST officials for blame game in tax case

04 Oct

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

GST for licensing content rights, printing services rise to 18%

04 Oct

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

5% GST payable on Bio-Diesel supplied to Oil Marketing Companies for blending with High-Speed Diesel: CBIC

02 Oct

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

RCM applicable on Supply of Mentha Oil by Unregistered person to Registered person: CBIC

02 Oct

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

Higher GST from today likely to affect solar power rates

01 Oct

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

Hospitality body FHRAI requesting for bringing travel aggregators under GST

01 Oct

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

No GST input tax credit on CSR expenses rules Gujarat AAR

01 Oct

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

GST on payments of BOT-HAM projects to have little impact on cash flows

30 Oct

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

Relaxation in requirements of filing Job Work declaration with effect from Oct 1

30 Oct

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

States’ fears of losing autonomy with GST regime have come true: TN Finance Minister

30 Oct

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

Pt. Deendayal Upadhyay Smriti Manch seeks higher 18% GST on tetra pack from current 12% slab

29 Oct

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

Southern India Mills’ Association seeks 5% GST across textiles sector

29 Oct

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

Centre will borrow 5.03 trillion to meet GST compensation shortfall

28 Oct

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

GST Council sets up two panels to look into rate rationalisation, systems review

28 Oct

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

GoM set up to rationalise GST rates

27 Oct

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

18% GST on treated sewage water for industrial use

27 Oct

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

Aadhaar authentication now mandatory for GST refunds

27 Oct

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

GST Council thinking of increasing average GST rate to 15%

25 Oct

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

CBIC asks taxmen to complete GST evasion investigations within a year

25 Oct

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

Delhi GST collection till Aug has improved compared to last year

25 Oct

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

Karnataka to step up pressure on Centre to continue GST compensation

24 Oct

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

Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister

24 Oct

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

18% tax slab hardens print, opposition to GST recommendation

24 Oct

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

GST panel to consider giving waiver on 1 day interest, late fee

22 Oct

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

Steel producers want GST on metal scrap cut to 5%

22 Oct

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

E-way GST bill generation picks up pace ahead of festive season

22 Oct

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

GST on ice cream parlours may lead to litigation

21 Oct

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

HP pushes for 5% GST from 18% on ropeways

21 Oct

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

No GST on back-office sector, says govt in intermediary services dispute

21 Oct

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

Proposed GST rule change to limit input tax credits

20 Oct

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

Businesses defaulting on monthly returns won’t be allowed to file GSTR-1

20 Oct

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

Companies get relief from GST Council's clarifications

20 Oct

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

GST council felt it wasn't right time to bring Petrol, Diesel Under GST

18 Oct

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

GST Council Decides To Extend Compensation Cess Till March 2026

18 Oct

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

GST exemption given on world's costliest drugs Zolgensma and Viltepso

18 Oct

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

Dispute over new GST compensation math

17 Oct

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

How long do you want to keep fuel out of GST: Centre to states

17 Oct

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

Maharashtra likely to oppose bringing petrol, diesel under GST

17 Oct

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

Destiny of India's $180-billion BPO industry to be decided by GST Council today

17 Oct

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

GST: Better performing states may get incentives

16 Oct

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

Coconut oil in less than 1-litre bottle may soon attract 18% GST

16 Oct

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

GST Council meeting: Petrol may cost Rs. 75, diesel Rs. 68 a litre

16 Oct

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

3 arrested for passing on fake input tax credit of Rs. 121 crore

16 Oct

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

Food delivery services may face higher GST

15 Oct

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

Maharashtra awaiting GST reimbursement worth ₹30,000 crore

15 Oct

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

GST Council meet: Profiteering cases likely to go to CCI

15 Oct

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

GST compensation plan may come with conditions

15 Oct

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

GST Council to weigh bringing fuel under GST

14 Oct

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

SC asks GST Council to look into anomalies related to refund assessment formula

14 Oct

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

Daily e-way bill generation moderates

14 Oct

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

GST Council may allow Sikkim for intra-state pharma cess and other measures

13 Oct

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

45th GST Council meet on September 17

13 Oct

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

GST Council may take up proposal for cutting rate on steel scrap to 5%

11 Oct

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

HC stays order related to levy of GST on flat, villa maintenance charges

11 Oct

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

Centre-states may discuss early inclusion of natural gas into GST fold

11 Oct

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

GST department cheated of over Rs 2.22 crore in Mumbai

10 Oct

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

GST Compensation: State govts staring at acute fiscal deficit

10 Oct

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

Hit by GST recovery notices and summons, industry calls for help

09 Oct

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

The debate on GST rates for roti and paratha refuses to die down

09 Oct

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

CBIC advises to file GSTR-7 for August before 10th September 2021

09 Oct

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

Businessmen unhappy over new GST restrictions

08 Oct

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

Daily generation of e-way bills rise month-on-month in early September

08 Oct

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

Govt. must constitute GST tribunal: SC

08 Oct

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

GST Authorities Send Out More Notices, Industries complain Harassment

07 Oct

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

State set to raise compensation due at GST meet

07 Oct

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

Council to mull capacity-based GST on sectors seeing evasion

07 Oct

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

Gauhati HC refuses Bail to Tax Consultant for allegedly collecting fake Invoices, E-Way Bills to wrongfully avail ITC

06 Oct

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

E-Way Bill not required for Transportation of ‘Used Personal Vehicle': Kerala HC

06 Oct

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

Tax relief unlikely for auto sector in next GST Council meeting

04 Oct

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

Govt may not need special borrowing for GST compensation to states

04 Oct

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

Odisha's GST enforcement wing busts fake bills racket

04 Oct

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

Centre appeals against ruling on levy of GST on maintenance charges to resident welfare associations

03 Oct

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

Lack of GST details stumps economists

03 Oct

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

Two arrested for GST fraud of Rs. 323 crore in Odisha

03 Oct

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

GST collections dipped around 4% to Rs 1.12 lakh crore in August

02 Oct

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

Next GST Council meeting on Sept 17; compensation cess on agenda

02 Oct

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

While escaping from trap GST inspector hit the ACB cop with his car

02 Oct

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

Jharkhand faces revenue loss due to lower GST rate on coal compared to VAT

01 Oct

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

GST Portal now accepting Application for Revocation of Cancelled GST Registration

01 Oct

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

Multinationals hotel chain using franchisee model may face higher GST on royalty income

31 Oct

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

Deadline for late fee amnesty under GST extended till November 30

31 Oct

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

No GST on hostel fees if less than Rs 1000/- per day

31 Oct

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

GST defaulters of last two months to be barred from filing GSTR-1

28 Oct

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

GSTN issued the Advisory on HSN and GSTR-1 Filing

28 Oct

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

Govt puts plan to cut GST on certain categories of automobiles on hold

27 Oct

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

Karnataka CM meets FM: demands extension of GST compensation to states for 3 more years

27 Oct

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

Haryana to change its GST rules, software after Panipat scam

27 Oct

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

DGGI's Gurugram unit arrests 2 more for GST fraud case worth Rs 176 cr

26 Oct

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

Finance minister asks public sector banks to provide assistance to sunrise sectors

26 Oct

Finance minister Read more

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

26 Oct

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

No GST on World Economic Forum's liaison office: Maharashtra AAR

25 Oct

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

GST: E-way bill generation maintains momentum in August

25 Oct

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

Cut GST on edible oils to benefit consumers: Trade body

25 Oct

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

Papads don’t attract GST, but fryums face 18% rate

25 Oct

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

Supreme Court Issues Notice On Plea Challenging 18% GST On DNB Doctors' Fee

24 Oct

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

Punjab and Haryana HC grants SpiceJet relief against recovery proceedings by GST authorities

24 Oct

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

Lassi exempt from GST, but not flavoured milk

24 Oct

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

GST Intelligence busts fake companies, arrests mastermind

23 Oct

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

Fuels, electricity under GST ambit: NITI Aayog formula includes six-year aid to states

23 Oct

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

T.N. let down by Centre in GST compensation

21 Oct

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

Chandigarh traders’ representation on GST

21 Oct

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

Not all exporters are happy with the reimbursement rates under RoDTEP scheme

20 Oct

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

Signs of recovery, Punjab GST collection up 29%

20 Oct

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

No reversal of ITC on manufacturing process loss

20 Oct

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

Fertilizer industry input-output GST mismatch: Amendment to Finance Act can help resolve issue

19 Oct

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

Remove PASA sword hanging over traders, says Gujarat high court

19 Oct

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

Car seat cover 'accessory', not 'part', at 28% GST, rules Andhra Pardesh AAR

18 Oct

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

The real reason for increasing GST collections are rising commodity prices

18 Oct

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

‘In person’ GST Council meeting likely after a 16-month gap

18 Oct

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

NFTs Deals may attract GST and equalisation levy of 2%

17 Oct

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

E-way bill generation gathers pace in August

17 Oct

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

18% GST payable on purified Drinking Water Supply through Mobile Tankers: AAR

17 Oct

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

No GST on entire bet amount in horse races : Karnataka HC

16 Oct

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

Govt. notifies continuation of scheme for rebate of state and central taxes and levies on export

16 Oct

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

Chhattisgarh HC stays cancellation of GST registration as order lacked official examination

16 Oct

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

India needs to reduce GST rates for auto sector: Revenue Secretary

14 Oct

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

GST officers unearth over Rs 35k cr fraud in FY'21, arrest 426 persons

14 Oct

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

Division Bench of HC stays verdict on levy of GST on race clubs

14 Oct

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

Due date for QRMP scheme TODAY; check the invoice furnishing facility

13 Oct

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

Gujarat loses Rs 171 crore to GST evasion in Q1

13 Oct

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

Your gift and cash back vouchers will now attract 18% GST

13 Oct

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

GST Council focus on pruning exemptions, fixing anomalies

12 Oct

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

E-way bill blocking for GST defaulters: Businessmen unhappy

12 Oct

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

Mumbai Businessman booked in Rs 9 crore GST fraud

12 Oct

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

Next GST Council meeting likely in August end; compensation extension on agenda

11 Oct

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

Diesel not under GST but taxable at 18% as part of composite service

11 Oct

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

Realtors' body Credai seeks input tax credit under GST for developers

11 Oct

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

April-June net GST collections at 26.6% of budget estimates: Govt

10 Oct

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

GST compliance for all e-commerce, edu-tech start-ups may hamper growth

10 Oct

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

GST dept starts campaign against unregistered businesses

10 Oct

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

18% GST on ready-to-cook idli, dosa, porridge mix: AAR

09 Oct

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

Traders’ body to all Chief Ministers: ‘Considerable avoidance’ of GST by e-commerce firms, need probe

09 Oct

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

How a restaurant cooks up a storm at tax office

09 Oct

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

Supreme Court Pulls Up Centre Over Non-Creation Of GST Appellate Tribunal

07 Oct

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

Extend GST compensation period beyond five years or provide additional central aid: Puducherry CM

07 Oct

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

Dushyant Chautala launches Model-2 of GST implementation

07 Oct

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

E-way bill generation to be blocked from Aug 15 for GST return non-filers

06 Oct

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

Fake firms used for Rs 300 crore GST evasion in Jharkhand: CGST dept

06 Oct

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

GST hit Kerala’s tax revenue, system needs rethink: Kerala FM

05 Oct

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

PHDCCI calls for 3-tier GST, capping highest slab at 18%

05 Oct

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

Mumbai Businessman held for Rs 55cr GST fraud

05 Oct

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

6.42 crore E-way bills generated in July, 17% higher than June

04 Oct

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

GST officers detect Rs 7,421 crore tax evasion in April-June

04 Oct

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

Doctors demand GST Exemption on Diplomate of National Board course Fees

04 Oct

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

Chandigarh registers 23% growth in GST collection

03 Oct

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

High GST and acquisition cost slowing down car demand, says Maruti chairman

03 Oct

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

Bring petroleum products in ambit of GST soon: PHDCCI

03 Oct

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

July's GST collection at over Rs 1.16 lakh crore

02 Oct

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

High Court directs SBI to pay Rs 215.11 crore GST to AP govt.

02 Oct

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

Businesses can now self-certify GST annual returns, instead of mandatory audit by CA

02 Oct

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

Treated and purified sewage water for industrial use to attract 18% GST: AAR

02 Oct

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

Delhi Assembly passes Delhi GST (Amendment) Bill, 2021 and amendments ‘Bed and Breakfast Scheme

31 Oct

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

Don't Pay GST Till Demands Are Met, PM's Brother Tells Traders On Protest

31 Oct

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

Gujarat govt transfers 36 officials for ‘fair investigation’ into Rs 1,000 cr fake GST bill case

31 Oct

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

GST rate structure rationalisation on govt’s agenda, definitely going to happen: CEA

30 Oct

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

Centre-State action to plug GST revenue leak

30 Oct

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

Plea to interfere in petroleum products price hike

30 Oct

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

States got least GST compensation in south

29 Oct

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

Maharashtra State suffered financial loss for last 3 years as short-credited to GST Compensation Cess

29 Oct

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

No proposal in GST Council to include petrol & diesel in GST: Govt

28 Oct

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

DGGI Investigating GST Evasion in Railway Tenders

28 Oct

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

2 persons held for issuing fake GST invoices worth Rs 115 crore

28 Oct

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

Centre not in favour of extending GST compensation period beyond 5 years

27 Oct

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

GST e-way bill generation gathers momentum in July

27 Oct

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

18% GST payable on Unburnt or Half-Burnt Coal and Dust: AAR

27 Oct

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

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

26 Oct

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

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

26 Oct

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

Civil Aviation Ministry Asks MoF to put ATF under GST

24 Oct

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

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

24 Oct

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

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

23 Oct

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

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

23 Oct

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

GST intelligence unearths Rs 338 crore fake invoicing racket in Assam

23 Oct

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

Centre begins review of legal issues in GST

22 Oct

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

Suppliers passed on Fake ITC for which Taxpayer claims GST Refund

22 Oct

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

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

21 Oct

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

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

21 Oct

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

Centre owes Rs 6,876 crore GST compensation to Punjab

21 Oct

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

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

19 Oct

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

Rajasthan High Court allows IGST Refund on Ocean Freights

19 Oct

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

Government tenders to attract GST, deemed as service

17 Oct

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

Kerala gets ₹4,122 cr. GST dues

17 Oct

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

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

17 Oct

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

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

16 Oct

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

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

16 Oct

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

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

15 Oct

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

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

15 Oct

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

Karnataka govt proposes to reimburse GST on movie tickets

15 Oct

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

Kerala CM meets PM, seeks GST dues clearance

14 Oct

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

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

14 Oct

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

12% GST on unbranded chips too: Kerala AAR

14 Oct

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

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

14 Oct

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

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

13 Oct

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

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

13 Oct

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

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

13 Oct

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

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

12 Oct

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

18% GST forces hotels to junk biodegradable packaging

12 Oct

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

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

12 Oct

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

Bringing petroleum products and electricity under GST should be top focus

10 Oct

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

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

10 Oct

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

Karnataka reports marginal increase in GST collection in Q1

09 Oct

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

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

09 Oct

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

Authorities tracking RFID data to detect GST evasion, fraud

09 Oct

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

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

08 Oct

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

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

08 Oct

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

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

08 Oct

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

Centre Seeks States' Consent To Start GST Borrowing

08 Oct

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

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

07 Oct

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

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

06 Oct

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

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

06 Oct

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

Gujarat GST body wants tax on International Service Entities

05 Oct

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

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

05 Oct

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

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

05 Oct

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

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

01 Oct

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

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

01 Oct

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

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

01 Oct

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

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

30 Oct

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

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

30 Oct

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

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

30 Oct

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

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

29 Oct

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

Haryana approves GST reduction on services related to Covid management

29 Oct

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

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

29 Oct

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

Goa notifies GST reduction for Covid drugs, equipments

28 Oct

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

Private Equity industry players unhappy over GST on fund management fees

28 Oct

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

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

28 Oct

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

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

26 Oct

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

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

26 Oct

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

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

26 Oct

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

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

25 Oct

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

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

25 Oct

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

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

25 Oct

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

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

24 Oct

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

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

24 Oct

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

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

24 Oct

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

GST authorities uncovers network of firms dealing in fake invoice

23 Oct

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

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

23 Oct

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

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

23 Oct

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

Petrol, diesel under GST: HC asks Centre to decide

22 Oct

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

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

22 Oct

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

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

22 Oct

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

Maruti Suzuki reduces prices of Eeco ambulance with reduced GST rates

21 Oct

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

Trade bodies seek removal of deficiencies in GST system

21 Oct

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

Odisha: Lockdown likely to hit GST collection in June

21 Oct

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

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

18 Oct

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

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

18 Oct

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

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

18 Oct

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

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

16 Oct

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

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

16 Oct

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

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

16 Oct

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

GST Council becoming authoritarian and majoritarian: Bengal FM Amit Mitra

15 Oct

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

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

15 Oct

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

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

14 Oct

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

Amnesty scheme for state GST goes live

14 Oct

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

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

12 Oct

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

Congress wants Modi govt should bring petrol and diesel under GST

12 Oct

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

DGGI uncovered fake invoice supply racket in Nagpur

12 Oct

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

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

11 Oct

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

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

10 Oct

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

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

10 Oct

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

Orissa High Court relief for GST related litigants

10 Oct

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

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

08 Oct

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

Six states seeking extension of the compensation period on demerit goods

08 Oct

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

Gujarat govt’s GST collection rises despite Covid second wave

08 Oct

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

Liaison office has to pay GST: AAR

05 Oct

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

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

05 Oct

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

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

05 Oct

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

GST: Relief For Land Owners As Council Fixes Credit Problem

04 Oct

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

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

04 Oct

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

GST collection went down 42% in April 2021 in Karnataka

04 Oct

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

Relaxing certain GST compliances is the need of the hour

03 Oct

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

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

03 Oct

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

Centre, states may disagree over GST compensation beyond FY22

02 Oct

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

Congress CMs protest against exclusion from GoM

02 Oct

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

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

02 Oct

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

Monthly GSTR-1 return filing deadline extended till June 26

01 Oct

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

GST Council adopts casual approach while Indian economy burns

01 Oct

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

GST Council urged to increase compensation cess on tobacco products

01 Oct

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

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

31 Oct

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

GST council meet left out two important demands

31 Oct

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

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

31 Oct

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

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

29 Oct

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

Telangana opposes GST on neutral alcohol

29 Oct

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

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

29 Oct

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

Stage set for a stormy GST meet today

28 Oct

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

CAIT seeks extension of GST return filings deadline

28 Oct

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

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

28 Oct

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

Footwear, readymade garments likely to attract higher rates of GST

27 Oct

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

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

27 Oct

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

GST Council likely to announce amnesty on delayed returns

27 Oct

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

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

26 Oct

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

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

26 Oct

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

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

26 Oct

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

Merger of GST slabs likely to take time

25 Oct

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

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

25 Oct

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

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

24 Oct

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

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

24 Oct

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

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

24 Oct

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

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

22 Oct

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

Delhi High Court quashes GST on oxygen concentrators

22 Oct

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

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

21 Oct

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

Tourism sector seeks GST concessions for revival

21 Oct

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

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

20 Oct

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

CBIC rationalises GST refund provisions

20 Oct

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

Taxpayers worried over GST deadline relief

19 Oct

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

Haryana allows reimbursement of GST on Covid items’ donations

19 Oct

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

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

18 Oct

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

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

18 Oct

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

Credit card expenses by Indian subsidiary of MNC liable for GST

18 Oct

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

Bengal's GST collection slashes Centre's burden

17 Oct

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

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

17 Oct

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

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

17 Oct

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

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

15 Oct

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

CENVAT Credit on Input Services used for procurement of crude oil

15 Oct

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

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

14 Oct

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

Vaccines will be costlier if GST exempted, say experts

14 Oct

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

Amit Mitra urges Sitharaman to call GST Council meet

13 Oct

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

Solar Developers' plea for GST compensation dismissed by MERC

13 Oct

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

HC refuses bail to the man accused of GST fraud

12 Oct

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

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

12 Oct

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

FoIJ demands extension in filing of GST reimbursement, claims

11 Oct

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

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

11 Oct

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

Now you can track refund application without logging into GST Portal

10 Oct

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

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

10 Oct

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

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

08 Oct

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

Odisha records highest ever GST in April despite Covid induced slowdown

08 Oct

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

Centre to retain GST on oxygen concentrators

07 Oct

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

Odisha seeks GST exemption on Covid-19 vaccines

07 Oct

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

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

07 Oct

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

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

06 Oct

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

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

06 Oct

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

Punjab FM writes to Sitharaman, seeks immediate GST Council meeting

06 Oct

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

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

05 Oct

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

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

05 Oct

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

Enforcement agencies propose GST on human hair, industry opposes

04 Oct

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

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

04 Oct

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

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

03 Oct

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

GST on imported oxygen concentrators slashed

03 Oct

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

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

01 Oct

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

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

01 Oct

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

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

30 Oct

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

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

30 Oct

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

Central governments may waive GST on vaccines

29 Oct

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

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

29 Oct

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

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

28 Oct

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

GST: Another Amendment in ITC provisions on charts?

28 Oct

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

Taxpayers can now check their last 5 Return on GST Portal

28 Oct

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

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

27 Oct

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

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

27 Oct

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

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

26 Oct

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

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

26 Oct

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

GST revenue likely to come down

26 Oct

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

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

24 Oct

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

Order of provisional attachment was ultra vires: Supreme Court

24 Oct

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

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

23 Oct

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

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

23 Oct

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

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

22 Oct

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

Carbonated grape juice to face 28% GST, rules AAAR

22 Oct

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

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

21 Oct

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

DA case: GST official Bollineni Srinivasa Gandhi held by CBI

21 Oct

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

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

21 Oct

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

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

19 Oct

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

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

19 Oct

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

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

19 Oct

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

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

16 Oct

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

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

16 Oct

Goods and service tax (GST) collections could see a dip of 10-20% in May as Maharashtra - the largest state contributor to GST - and Madhya Pradesh en ...

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

15 Oct

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

18% GST on Parboiling Rice & Drying plant: AAR

15 Oct

The Karnataka Authority of Advance Ruling (AAR) ruled that 18% GST is applicable on Parboiling Rice and Drying plant. The applicant, M/s SKF Boilers a ...

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

15 Oct

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

Decoding GST levied on gold purchases

14 Oct

In case you are buying physical gold, you also need to pay goods and services tax (GST).On gold jewellery, a GST of 3% is levied. The GST is charged o ...

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

14 Oct

The Centre’s indirect tax collection rose by more than 12 per cent to Rs 10.71 trillion in 2020-21 (FY21) compared to Rs 9.54 trillion in the previous ...

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

13 Oct

The Goods and Service Tax Network (GSTN) added new features in the GST Search Taxpayer tab at GST Portal. The two separate info namely Profile and Pla ...

Personal Hearing mandatory before Cancellation of GST Registration: Madras HC

13 Oct

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

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

13 Oct

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

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

12 Oct

The Rajasthan High Court held that the scope of enquiry ends if goods in transit are in conformity with the documents under the GST Act. The High Cour ...

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

12 Oct

The Federation of Trade Associations of Pune has approached the Goods and Services Tax council seeking an extension in filing of returns as their shop ...

Private firm proprietor granted bail in GST invoice fraud case

12 Oct

A Delhi Court on Saturday granted bail to a proprietor of a private company in connection with a case dealing with Central Goods and Services Tax (CGS ...

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

10 Oct

The Central Government has released GST Compensation of Rs. 30,000 crore to States as part compensation admissible for FY 2020-21 on 27th March, 2021. ...

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

10 Oct

Chhattisgarh Chief Minister Bhupesh Baghel on Thursday urged the Centre to provide the required stock of COVID-19 vaccines for a week in advance and s ...

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

10 Oct

The Supreme Court has upheld the views taken by various High Courts that the Goods and Services Tax Act does not affect the right of purchasers of goo ...

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

09 Oct

The Orissa High Court directed the Commissioner GST to issue clear instructions to all the officers in the GST Commission rates in the state not to is ...

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

09 Oct

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

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

08 Oct

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

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

08 Oct

The Supreme Court on Tuesday slammed the manner in which the Goods and Services Tax was being enforced by tax authorities and observed that the taxman ...

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

07 Oct

The Goods and Services Tax Network ( GSTN ) has issued Advisory on Auto-population of E-Invoice details into GSTR-1. For the month of March, 2021, the ...

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

07 Oct

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

GST on fuel: A price vs revenue trade-off

06 Oct

The rise in global crude prices after August 2020 has led to a rapid rise in fuel prices across the country, which has sparked a demand for including ...

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

06 Oct

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

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

05 Oct

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

Centre allows further operational flexibility to GST filers

05 Oct

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

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

05 Oct

Clearing the air over taxability of gift cards or vouchers, the Tamil Nadu bench of the AAAR has ruled that GST would be levied on the underlying good ...

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

03 Oct

The gross GST revenue collections including settlement for the financial year 2020-21 in Jammu and Kashmir stood at Rs 4,890.35 crore as against Rs 4, ...

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

03 Oct

The Indian arms of IT-enabled services (ITeS) companies have been asked to pay GST on the services they provide to their parent or other group entitie ...

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

03 Oct

Punjab received a financial boost from the goods and services tax (GST) during the financial year 2020-21, thanks to the highest-ever compensation and ...

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

02 Oct

GST collections rose 27% to hit a record high of nearly Rs 1.24 lakh crore in March, helping to narrow the deficit for the full financial year to arou ...

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

02 Oct

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

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

02 Oct

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

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

01 Oct

The Rajasthan Government notified the E-Way Bill limit to be Rs.1 Lakh with effect from 1 April, 2021. The government notified that where the movement ...

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

01 Oct

Gujarat will agree to include petrol, diesel and natural gas under Goods and Services Tax (GST), only if the Government of India (GoI) evolves a mecha ...

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

01 Oct

Businesses with turnover of more than Rs 5 crore will have to furnish six-digit HSN or tariff code on the invoices issued for supplies of taxable good ...

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

30 Oct

Since income from whatever source derived is included in the Income Tax Act, 1961, and supply of any service, if not specifically exempted, is taxable ...

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

30 Oct

The division bench of the Gujarat High Court held that Form GST DRC 07 shall be issued for recovery of interest under Sec.50 of the Central Good ...

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

30 Oct

The petitioner had challenged the attachment of his bank accounts pursuant to the powers conferred by Section 83 of the CGST Act. During pendency of t ...

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

27 Oct

Goods and Services Tax (GST) officials have unearthed a Delhi-based racket involving five companies and arrested one person as part of a drive against ...

Full committed amount of GST compensation released by Central Govt.

27 Oct

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

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

27 Oct

The smallest of MSMEs are being integrated into large SCF programmes run by the formal banking system, freeing them from the clutches of the high-cost ...

Telangana Labour Minister slams Centre over GST on beedi industry

27 Oct

Labour Minister Ch Malla Reddy on Friday accused the Central government of failing to waive GST on the beedi industry in the State. During the 17th, 1 ...

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

26 Oct

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

Selling eatables eligible for ITC under GST regime

26 Oct

Selling sweets and eatables is one thing and providing facility to consume them within the shop is a different thing from the point of view of the Goo ...

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

26 Oct

Former Union Oil Minister and senior Congress leader M Veerappa Moily on Thursday said “distortions” in the GST Act will have to be removed before the ...

CBDT again defers GST Reporting in Tax Audit Report

26 Oct

The Central Board of Direct Taxes (CBDT) deferred the Tax Audit Clause 30C and 44 till 31st Mar 2022 due to COVID-19. The CBDT has extended the ...

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

25 Oct

BJP leader Sushil Kumar Modi on Wednesday said it is not possible to bring petrol and diesel under the GST regime for the next eight to 10 years as it ...

CAG for time bound roll out of simplified GST return forms

25 Oct

The Comptroller and Auditor General of India (CAG) on Wednesday made a case for setting up a definite time-frame for roll out of simplified GST return ...

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

25 Oct

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

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

24 Oct

Amid outcry over high taxes on motor fuel, Finance Minister Nirmala Sitharaman on Tuesday said she would be "glad" to discuss the suggestion of bringi ...

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

24 Oct

The main allegation against the applicant is that the four firms which are supplier’s firms of plastic scrap for both the firms of the applicant, are ...

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

23 Oct

The petitioner, Bharatiya Vitta Salahkar Samiti referred to a judgment of the Madras High Court passed in the case of Revenue Bar Association vs. Unio ...

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

23 Oct

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

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

22 Oct

Finance Ministry has said that taxpayers are free to utilise Input Tax Credit available in their credit ledger as permissible by law to discharge thei ...

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

22 Oct

The Court held that the petitioner did not receive any of the notices said to be sent by the respondent authority and therefore, they had no occasion ...

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

22 Oct

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

GST officers ceorce taxpayers to pay in cash.

20 Oct

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

Gadkari urges FM to cut GST on passenger vehicles

20 Oct

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

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

20 Oct

Senior BJP leader Avinash Rai Khanna on Friday said the Centre is ready to bring petroleum products under the Goods and Services Tax (GST) purvi ...

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

20 Oct

The Commissionerate of Central Goods and Services Tax (CGST), Pune II, has arrested a managing director (MD) of a private company in connection with a ...

Panel recommends structural changes to boost GST revenues

19 Oct

The government needs to make structural changes in the goods and services tax (GST) regime and step up compliance to boost revenues, given the need to ...

18% GST applicable on Odomos: AAAR

19 Oct

The Uttar Pradesh Appellate Authority of Advance Ruling (AAAR) while upholding the AAR’s ruling held that 18% GST is applicable on Odomos.The Coram&nb ...

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

19 Oct

The Uttar Pradesh Appellate Authority of Advance Ruling (AAAR) while upholding the AAR’s ruling held that no Input Tax Credit (ITC) can be claimed on ...

GST slabs continue to cause classification disputes

19 Oct

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

Madras HC allows claiming input tax credit on TDS from VAT

18 Oct

The Madras High Court has allowed assessees to claim input tax credit for tax deducted at source (TDS) pending from the value-added tax (VAT) regime u ...

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

18 Oct

The department submitted that accused availed fraudulent ITC of Rs. 12,82,05,579 from various bogus firms and he accepted his fraud under section 70 o ...

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

18 Oct

The Supreme Court on Wednesday sought responses of the finance ministry, the GST Council and the CBIC on a PIL seeking a mechanism to levy GST on fo ...

No proposal for scrutiny of GST assessment in faceless model

17 Oct

There is no proposal of faceless scrutiny assessment of GST returns as the Goods and Services Tax rule already provide for electronic filing and asses ...

Tackle CNG vehicle cost, bring it under GST

17 Oct

India needs to bring CNG under the GST regime and tackle challenges such as high vehicle cost and limited boot space for the growth of the natural gas ...

Standing committee on finance pushes for increase in GST collections

17 Oct

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

GST e-invoices spell end to sales under-reporting

17 Oct

The practice among small businesses of issuing ‘kacha bills’ or informal sales invoices to under-report turnover is likely to become a thing of the pa ...

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

16 Oct

The Central Board of Indirect Taxes and Customs (CBIC), via its Twitter, handle clarified that Input Tax Credit ( ITC ) can be availed based on detail ...

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

16 Oct

States may face a GST compensation shortfall of Rs 3 lakh crore in the next financial year, a situation that will force them to borrow more from the m ...

Rs 700-cr GST billing scam unearthed

15 Oct

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

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

15 Oct

Once the applicant is registered under GST, the need for amendments in registration may arise due to several factors such as a change in address, chan ...

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

13 Oct

Goods and service tax (GST) authorities have asked field units to identify top taxpayers, find the defaulters and push them to pay more tax. Officers ...

Parliament empowered to enact special laws like GST: HC

13 Oct

Four years after the Central Goods and Services Tax (CGST) Act was enacted, the Punjab and Haryana High Court today expressed prime facie view that Pa ...

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

13 Oct

The civil aviation ministry is working on the airline industry's demand to bring Aviation Turbine Fuel (ATF) under the ambit of GST and has taken up t ...

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

12 Oct

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

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

12 Oct

The Gujarat High Court has come down heavily on the GST Authority stating that the habit of raising technical issues by the Authority is leading to ‘u ...

GST intelligence uncovers Rs 43 crore ITC fraud in Gurugram

12 Oct

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

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

11 Oct

The accused, Praveen Jian has moved the second bail application. The accused has been transferred from the court of SCJM, Rohtak and all firms involve ...

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

11 Oct

The petitioner, M/s Best Sellers (Cochin) Pvt. Ltd. was aggrieved by detention notice issued to him in Form GST MOV-7. In the Writ Petition, it is the ...

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

10 Oct

For petrol and diesel to be brought under GST, the rates will have to very high, even higher than 100%. Only then will the governments be able to earn ...

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

10 Oct

The GST Network (GSTN) has enabled a new feature that requires the taxpayer to select one core business activity on the GST Portal. Tax experts believ ...

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

10 Oct

The Centre on Tuesday said it has released the 19th weekly installment of Rs 2,104 crore to states to compensate for shortfall in revenue on account o ...

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

09 Oct

The revenue in March may cross the record Rs.1,19,875 crore collected in January by at least Rs.10,000 crore.India’s Goods and Services Tax (GST) coll ...

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

09 Oct

The government had made e-invoices mandatory for businesses with annual revenue of over Rs 50 crore from April 1, 2021.The GST e-invoicing system was ...

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

09 Oct

The GSTN clarified that taxpayers may use the ‘Reset’ button to delete all the saved data for all the return periods, irrespective of the filing prefe ...

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

08 Oct

The CBIC has directed its field offices to exercise utmost prudence and maximum caution in attachment of property of a taxpayer and said that such a r ...

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

08 Oct

With all eyes set on the next GST Council meet, expected to take place later this month, the clamour for reducing GST on branded packaged snacks and c ...

New Feature to Select Core Business Activity enabled on GST Portal

08 Oct

Today, if you open GST Portal you will see a new pop-up wherein you will have to identify your core business as either manufacturer or trader or servi ...

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

06 Oct

The Centre is seen to earn an extra Rs 1.87 lakh crore in FY21 from the Rs 13-16/litre additional cess and surcharges imposed on auto fuels in March/M ...

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

06 Oct

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

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

05 Oct

The soaring rates of petrol and diesel have led to calls from several quarters for reduction in excise duty so that commuters can get some much-needed ...

Supreme Court rejects plea requesting extension of GST amnesty scheme

05 Oct

The Supreme Court on Thursday declined to issue directives on extending the Goods and Services Tax (GST) amnesty scheme, saying it was “a policy decis ...

GST Council to fix inverted duty anomaly soon

05 Oct

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

LTC benefit on life insurance: Confusion prevails over GST rate

04 Oct

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

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

04 Oct

The Allahabad High Court will hear this week a petition filed by the Awadh Bar Association seeking the establishment of the State Bench of the Goods a ...

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

03 Oct

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

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

03 Oct

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

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

02 Oct

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

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

02 Oct

The February collection is 7.3% higher than ₹1,05,361 crore collected in the same month last year, the last month before businesses took a hit on acco ...

Inclusion of fuel under GST could prove beneficial

02 Oct

The incessant fuel hike that has led to petrol and diesel prices crossing ₹100 per litre mark in Rajasthan and Madhya Pradesh is expected to impact th ...

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

01 Oct

The State Government being of the opinion that it is expedient in the public interest, inserted Petroleum Crude in the Schedule VI appended to the Raj ...

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

01 Oct

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

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

27 Oct

The Finance Ministry has cleared the air on interest on net tax liability with retrospective effect by proposing amendment in the GST law.The Finance ...

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

27 Oct

Several clubs and large cooperative housing societies (CHS) that relied on the ‘principle of mutuality’ and did not levy and collect the goods and ser ...

Hospitals may have to pay GST on food to inpatients

26 Oct

Tax authorities are auditing the country’s largest private hospitals to ascertain whether they should pay goods and services tax on food provided to a ...

Centre cannot charge GST on power services: Rajasthan HC

26 Oct

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

GST collection in February expected to top ₹1 lakh crore

25 Oct

Early indicators such as number of e-way bills generated in the first three weeks of February suggest that GST collections in February will be in exce ...

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

25 Oct

In what could be seen as a step to incentivise the domestic shipping liners to participate in the strategic sale of the Shipping Corporation of India ...

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

25 Oct

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

Large resident welfare associations may have to pay GST retrospectively

24 Oct

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

Gujarat High Court reprieve for exporters on GST exemptions

24 Oct

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

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

23 Oct

The Goods and Services Tax (GST) Council is unlikely to take up rationalisation of tax slabs or tax rates in its next meeting, scheduled to be held in ...

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

23 Oct

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

Simplify GST, trader body tells PM

22 Oct

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

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

22 Oct

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

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

20 Oct

Oil and gas stocks were in focus on Friday after Prime Minister Narendra Modi said that the government is committed to bring natural gas Goods and Ser ...

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

20 Oct

The Finance Ministry has cleared the air on interest on net tax liability with retrospective effect by proposing amendment in the GST law.The Finance ...

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

20 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified Rs.1000 as a fees for Handling of mismatch between Shipping Bill and GST returns in Cu ...

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

19 Oct

The managing partner of a major fireworks manufacturing group of companies in Sivakasi was arrested for evasion of goods and services tax (GST) and ex ...

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

19 Oct

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

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

18 Oct

The government is working towards raising the share of natural gas in the energy basket to 15 per cent from the current 6.3 per cent and is committed ...

Govt tightens GST registration and cancellation rules

18 Oct

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

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

18 Oct

The Goods and Services Tax Network (GSTN) has enabled the functionality to furnish Letter of Undertaking (LUT) for Financial Year 2021-2022 on the GST ...

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

17 Oct

The National Informatics Centre (NIC) has issued a list of GSTINs dated January 27, 2021, for whom e-invoicing shall be mandatory. There are 73308 GST ...

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

17 Oct

Ahead of the cryptocurrency Bill, the government is likely to levy both income-tax (I-T) and goods and services tax (GST) on gains and trading of bitc ...

Traders force govt to negotiating table on GST simplification

16 Oct

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

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

16 Oct

The appellant, Starbucks has been fined Rs 1.04 crore by the National Anti-Profiteering Authority (NAA) for not passing on good and services tax cut b ...

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

15 Oct

As part of efforts to bring parity in taxation on agro-inputs, the Department of Chemical and Petrochemicals has approached the Finance Ministry for r ...

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

15 Oct

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

Best judgment assessment awaits GST return non-filers

13 Oct

Thousands of GST non-filers, or those who did not file returns, have received an auto-generated letter from the authorities, asking them to file their ...

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

13 Oct

In an interview , the finance minister said that the GST council would examine the recommendations of reducing four tax slabs to three.This has been a ...

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

13 Oct

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

GST frauds: ICAI initiates disciplinary action against 25 CAs

12 Oct

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

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

12 Oct

The Goods and Services Tax Network (GSTN) has reintroduced the option to file Table 6A of Form GSTR-1 separately. The Table 6A of GSTR-1 needs export ...

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

12 Oct

The Goods and Service Tax Network (GSTN) while giving a reply to the RTI application said that only 50% of Taxpayers have filed their GSTR-9 and 9C....

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

11 Oct

The CA Institute has knocked the doors of the Prime Minister’s Office and the Finance Minister seeking a withdrawal of the Budget proposal to do away ...
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GST exemption on annuity plan purchase under National Pension System

11 Oct

National Pension System (NPS) is one of the lowest cost pension schemes globally and it can be concluded that investing in NPS not only helps to reduc ...
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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 Oct

The Court was dealing with two appeals from the same consignor, Bon Cargos Private ltd. who is a Goods Transport Agency. In the first appeal goods det ...
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Budget impact - A steep fiscal correction and a strategy for GST

10 Oct

The finance minister, in the Budget speech, had promised that the new DFI would be professionally managed. This was interpreted by most observers to i ...
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GST evasion of over Rs 500 crore by 46 Delhi-based firms unearthed

10 Oct

The Central Goods and Services Tax department has unearthed a racket which was involved in GST evasion of over Rs 500 crore through 46 shell companies ...
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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 Oct

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 Oct

A recent decision under the tax regime for goods and services may increase the tax liability on failed land transactions.
The two-person office of ...
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Traders Body CAIT Calls for Bharat Bandh against GST taxation system

09 Oct

Calling goods and services tax (GST) as one of the most complex taxation system which has resulted into miseries of the traders, the Confederation of ...
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₹427-crore bogus GST billing racket busted in Ludhiana

08 Oct

The central GST commissionerate, Ludhiana, has busted a nexus of 32 bogus firms that fraudulently claimed ₹65 crore as input tax credit (ITC) via fake ...
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GST can be levied on Notional Interest on Security Deposit: AAR

08 Oct

The coram ruled that the applicant can not deduct the property taxes and other statutory levies for the purpose of arriving at the value of rental inc ...
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Gujarat HC pulled up GST officials for pressure tactics to achieve tax targets

06 Oct

The Gujarat high court on Friday pulled up the GST officials for their alleged pressure tactics to achieve tax collection targets and made a sarcastic ...
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GST fraud: CA collecting Rs 12.67 Cr. GST but not depositing with govt.

06 Oct

GST officers have arrested a chartered accountant on charges of collecting Rs 12.67 crore GST but not depositing it with the government, the finance m ...
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CGST Delhi arrests Director of SPNN business services for GST Evasion

06 Oct

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

05 Oct

An Ahmedabad resident accused of GST fraud to the tune of Rs 45 crore was denied bail by the sessions court on Tuesday.
Mitesh Shah, who lives in S ...
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SBI to charge Rs 20 + GST for failed ATM transaction due to insufficient fund

05 Oct

India's largest lender State Bank of India (SBI) to charge customers for failed ATM transactions due to insufficient balance. A transaction that is un ...
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GSTN issues Advisory on Payment of Tax by Fixed Sum Method under QRMP Scheme

05 Oct

W.e.f. 1st January, 2021, following two options are available to the Taxpayers who are under Quarterly Returns and Monthly Payment of Tax (QRMP) Schem ...
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Exporters worried over losing tax flexibility after IGST revision

05 Oct

Exporters are concerned about the proposed amendments in the integrated goods and services tax (IGST) in the Finance Bill that have taken away the fle ...
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CBIC clarifies GST Audit Applicable for FY 2019-20

04 Oct

The Central Board of Indirect Tax and Customs (CBIC) clarified the Goods and Service Tax (GST) Audit will be applicable for Financial Year 2019-20.&nb ...
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Tax professionals suggests govt. not to delete the provisions of GST audit

04 Oct

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

04 Oct

"In this year, even though we have shown some improvement in the last few months, but for 14 per cent y-o-y GST revenue growth there will be a compens ...
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No plans for reducing tax on all hotel rooms to 12 per cent

03 Oct

The tourism ministry has no plans to approach the GST Council for reducing the goods and services tax on all hotel rooms to 12 per cent, Union Tourism ...
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Budget 2021: Key Changes In GST To Help Small And Medium-Sized Businesses

03 Oct

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

03 Oct

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

02 Oct

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

02 Oct

The Finance Minister Nirmala Sitharaman in the Budget Speech 2021-22 proposed the Provisional Attachment of Assets of those who are involved in the GS ...
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Rajasthan seeks GST compensation extension till 2027

01 Oct

Rajasthan has sought extension of the Goods and Services Tax (GST) compensation payable to the States by five more years, from June 2022 to June 2027, ...
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GST fraud of Rs 940 cr busted, 340 bogus firms being investigated

01 Oct

With the arrest of six persons, including the kingpin, Delhi Police's Cyber Crime Unit (CyPAD) has busted a Goods and Services Tax (GST) refund scam i ...
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Rationalise GST rates on parts used in manufacturing of medical equipment

01 Oct

The medical devices market in India, be it for parts or final products, attracts multiple rates. Uniformity in these rates will go a long way in bring ...
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GST collections touched a new high of Rs 1.2 lakh crore in January

01 Oct

Goods and services tax (GST) collections touched a new high of nearly Rs 1.2 lakh crore in January, indicating a sharp recovery post lockdown and bett ...
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Consumers pay Rs 25,000 Cr for ineligibility for ITC on coal by thermal power producers

01 Oct

Petrol and diesel are not the only sources of energy for which consumers are paying through their nose because of high taxes and different tax regimes ...
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IT Hardware Companies urge Center to allocate Rs 20k Cr

01 Oct

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

30 Oct

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

30 Oct

After clocking record collections in December 2020 at Rs 1.15 lakh crore, the January 2021 GST collection is expected to be in the range of Rs 1.21-1. ...
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Real estate sector wants Stamp duty and registration charges to be merged in GST

29 Oct

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

29 Oct

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

29 Oct

In spite of the pandemic, Andhra Pradesh stood first in GST collection among the southern states for April to December, 2020. The state is in fact the ...
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Tax Consultant arrested for GST Fraud of about Rs. 274 Cr

29 Oct

The GST and Central Excise Department, Chennai Outer has arrested one person who is a Tax-Consultant, aged about 32 years, from Pernambut, Vellore Dis ...
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Gujarat HC notice to Centre, GST Council for constitutional validity of Rule 86B of CGST Rules

28 Oct

A bench of Gujarat High Court comprising Justices J B Pardiwala and I J Vora has issued notices to the Central government, the GST Council and the Att ...
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Sanitiser makers move court over ‘typing error’ in GST regulations

28 Oct

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

28 Oct

The gem and jewellery industry has a lot expectation from the Modi government in the upcoming Union Budget 2021-22. The industry wants the Centre to r ...
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28% GST on Metal Nuts as it is a part of Motor Vehicle

27 Oct

The Maharashtra AAAR while quashing the AAR’s ruling held that 28% GST on metal nuts as it is a part of motor vehicles.The applicant sought an advance ...
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Maharashtra’s Confusing Move

27 Oct

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

25 Oct

A PIL has been filed before the Gujarat High Court seeking directions to GST Council, the Union government and the Central Board of Indirect Taxes for ...
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GST applies to flat buyer’s maintenance deposit - Gujarat AAR

25 Oct

The Gujarat bench of the Authority for Advance Rulings (AAR) recently held that goods and services tax (GST) will be applicable to one-time maintenanc ...
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GST: Gujarat HC directs release of amount of ITC available in the credit Ledger Account

25 Oct

The Gujarat High Court directed the release of the amount of input tax credit (ITC) available in the credit ledger account. The writ applicant, Nipun ...
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Budget 2021: Balance between GST rationalisation and boosting economic growth

23 Oct

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

23 Oct

Amit Mitra, the finance minister of West Bengal and the former head of the Empowered Committee of the state finance ministers on GST rollout, has urge ...
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No GST on electricity charges recovered from tenants.

22 Oct

In a significant ruling the Gujarat Authority for Advance Ruling for Goods and Services Tax (GST) has said a landlord does not have to pay GST on elec ...
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Health Insurance: GST rate cut in Budget 2021 can act as a booster dose

22 Oct

Indian Union Budget 2021-22: Given the gravity of this whole Covid-19 pandemic situation, there has been an increased awareness of the importance of h ...
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GST portal experiences technical glitch, raises worries of taxpayers

22 Oct

Technical glitch on GST portal for the fifth day in a row has left taxpayers worried amid fast approaching due dates for return filing, claimed tax ex ...
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Tripura HC disallows rectification of Tax Invoice as not covered under Sec.161 of CGST Act,2017

21 Oct

The Tripura High Court disallowed the rectification of tax invoices as not covered under Section 161 of the CGST Act, and Limitation Act is not applic ...
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Jharkhand HC directs GST Authority to open GSTN portal for enabling Refund in GST RFD-01 or accept manually

21 Oct

The Jharkhand High Court directed the GST Authority either to open a GSTN portal enabling the application for refund in GST RFD-01 or to manually acce ...
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Exporters drag DRI to various high courts over GST exemption notices

20 Oct

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

20 Oct

The Indian Staffing Federation has asked the government to lower goods and services tax on staffing companies from the current 18% to 5% besides seeki ...
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Gujarat HC tells GST dept. must apply their mind properly before taking action like attaching accounts

19 Oct

Court censures practice of provisionally attaching bank accounts of firms before full probe into suspected irregularities or tax evasion Hearing a cas ...
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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 Oct

The Gujarat High Court issued the notices on plea challenging 5% Provisional Input Tax Credit (ITC) reflected in FORM GSTR-2B as per the 36(4) of GST ...
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No GST under RCM payable on receipt of services if it is not imported: AAR

18 Oct

The Orissa Authority of Advance Ruling (AAR) ruled that GST under Reverse Charge Mechanism is not payable on receipt of services if it is not imported ...
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18% GST on construction of Director’s Bungalow and Staff Quarters for IIT Bhubaneswar: AAR

18 Oct

The Orissa Authority of Advance Ruling (AAR) ruled that 18% GST on the construction of Director’s Bungalow and Staff Quarters for IIT, Bhubaneswar.&nb ...
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Tripura High Court reduces Penalty amount to Rs. 10,000 for E-Way Bill Expiry.

18 Oct

The Tripura High Court deleted the penalty equal to tax amount for E-way Bill Expiry and imposed Rs. 10000 penalty. The petitioner, M/s Sri Gopikrishn ...
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Partial recovery of canteen charges from employees is taxable under GST: Gujarat AAR

16 Oct

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

16 Oct

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

16 Oct

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

15 Oct

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

15 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that 18% GST is applicable on “Supply, Testing and Commissioning of 160 TR Chilled Water Plant”. T ...
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GST applicable on Pathology or Diagnostic Services Supply to Client who is a Researcher

15 Oct

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

13 Oct

The Punjab One Time Settlement Scheme for Recovery of Outstanding Dues-2021 will be implemented from February 1 and the state exchequer would bear a f ...
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Coca-Cola unit facing scrutiny for alleged evasion of GST.

13 Oct

Hindustan Coca-Cola Beverages Pvt Ltd gets show-cause notice for allegedly not paying taxes on the promotional and marketing amount it received from p ...
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18% GST on Commission from Japan in FC on Selling of M/C: AAR

13 Oct

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

12 Oct

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

12 Oct

The Centre has released the 11th instalment of Rs 6,000 crore to states as a back-to-back loan to meet the compensation shortfall in collection of goo ...
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GST payable on Common Maintenance Fund collected from Members: AAR

12 Oct

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

11 Oct

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

11 Oct

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

11 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that 5% GST applicable on Narrow Woven Fabrics of Polyester Yarn. The Applicant, M/s Rajivkumar Gi ...
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Quarterly Return Monthly Payment scheme helps small taxpayers to ease of doing business

09 Oct

The taxpayers who opted for the QRMP scheme can avail the option of the IFF and furnish their details of outward supply on monthly basis for the ...
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Senior govt sources says Swiggy, Instakart evaded GST

09 Oct

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

08 Oct

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

08 Oct

The Madras High Court has decided to hear a petition seeking exemption for members' club in an incorporated form, from levy/ payment of GST under the ...
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Invoice Furnishing Facility functionality now available on GST Portal

08 Oct

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

06 Oct

The due date for quarterly filing of Goods and Services Tax Returns for the third quarter of 2020 (the period between October and December) is January ...
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Two dozen companies have come under the scanner of tax officials for tax evasion

06 Oct

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

06 Oct

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

06 Oct

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

05 Oct

The Union government, which is planning a major policy push to raise the share of natural gas in India’s energy mix from the current level of 6.2% to ...
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GST tax credit investigation: I-T conducts surveys at Zee and L&T offices

05 Oct

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

05 Oct

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

04 Oct

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

04 Oct

Goods and Services Tax (GST) collection in December was the highest since the launch of the indirect tax regime on July 1, 2017, indicating that the e ...
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Delhi Govt. notifies Rate of interest for Late Filing Form GSTR-3B

04 Oct

The Delhi Government notified the rate of interest for Late Form GSTR 3B filing. The Government amended the Notification No.13/2017–State Tax, dated t ...
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More than 37000 GST taxpayers generated more than 1680 Lakhs IRNs within 3 Months

04 Oct

GST e-invoice system, the game-changer in the GST system, has completed a journey of three months and has facilitated the smooth transition of the tax ...
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GST collections at all-time high of over Rs 1.15L crore in December

02 Oct

The gross Goods and Services Tax collections touched a record high of over Rs 1.15 lakh crore in December — the highest since the implementation of th ...
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Exporters complain of delay in GST refunds despite govt timeframe

02 Oct

Even as the government has come out with a timeframe to process and give tax refunds under the indirect tax framework, many exporters complain of cont ...
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GSTN issues Advisory on Auto-population of E-Invoice details into GSTR-1/2A/2B/4A/6A

01 Oct

The Goods and Services Tax Network ( GSTN ) has issued the advisory on Auto-population of E-Invoice details into GSTR-1/2A/2B/4A/6A. Certain notified ...
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CBI arrests Three Superintendents of GST & Central Excise in an alleged Bribery Case of Rs.10 lakh

01 Oct

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

31 Oct

In view of providing relief amid the COVID-19 crisis, the government has extended the due date for furnishing annual GST or goods and services tax ret ...
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Regional soft drinks cos set to shift to 40% GST SLAB

31 Oct

Facing heat from GST officials for evading taxes on the pretext of adding fruit juice or pulp to their carbonated beverages, local soft drink companie ...
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CA files PIL in Gujarat HC seeking extension of GST Annual Returns due dates

30 Oct

The Gujarat High Court to hear a Public Interest Litigation (PIL) filed by the Chartered Accountant (CA) for the extension of due dates for filing For ...
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CBIC notifies Corrigendum for New Form GST REG-31

30 Oct

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

29 Oct

The government is weighing a proposal to impose 18% goods and services tax (GST) on bitcoin transactions, estimated to be around Rs 40,000 crore annua ...
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Traders urge Finance Minister, GST council to modify new GST Rules

29 Oct

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

28 Oct

The new rule requiring businesses to pay at least 1 per cent of their GST liability in cash will not impact small businesses and dealers as only entit ...
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GST Appellate bench holds that AAR rightly rejected an application as investigation was ongoing

28 Oct

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

28 Oct

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

28 Oct

The issue of GST on promotional expenses and claiming of input tax credit has always been contentious in the realm of goods and services tax (GST).Rec ...
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Confederation of All India Traders urges FM to defer rollout of Rule 86B in GST

26 Oct

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

26 Oct

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

26 Oct

After much hue and cry from the lottery industry recently a single rate of 28% has been introduced by the exchequer on all kinds of lotteries on speci ...
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Jaipur: Businessman arrested for not paying Rs 5.5 crore GST

26 Oct

The Central Goods and Service Tax (CGST) Commissionerate’s anti-evasion team in Jaipur has arrested one businessman for not depositing Rs 5.5 crore GS ...
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Businesses with monthly turnover of over Rs 50 lakh to pay at least 1% GST liability in cash

24 Oct

Businesses with monthly turnover of over Rs 50 lakh will have to mandatorily pay at least 1% of their Goods and Services Tax liability in cash, the Fi ...
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In-person verification now compulsory for GST registration

24 Oct

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

24 Oct

Schools and colleges that conducted online classes due to Covid pandemic now have a problem under Goods and Services Tax (GST) framework.For many educ ...
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GST Exemption on supply of goods for specified projects under FAO

23 Oct

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

23 Oct

The Central Board of Indirect Taxes and Customs (CBIC) waived the late fee on delay in furnishing of FORM GSTR-4 for Financial Year 2019-20 for the re ...
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CBIC notifies new Rule restricting the use of ITC for discharging the Tax liability

23 Oct

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

22 Oct

The Centre released the eighth installment of Rs.6,000 crore to states as back to back loan to meet the goods and service tax (GST) compensation short ...
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Bombay HC to hear plea challenging Arrest provisions under section 132 (1) of CGST Act

22 Oct

The petition stated that Section 132 (1) of the Central GST Act provides that specified offenses involving tax evasion in excess of Rs.5 crore will be ...
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Gujarat HC quashes order cancelling GST Registration against Heugo Metal

22 Oct

The two-member bench of Justice J.B.Pardiwala and Justice Ilesh J. Vora noted that having dropped the proceedings once, what prompted the authority to ...
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Supply of games online attracts 18% GST: AAR Maharashtra

22 Oct

The GST Authority for Advance Rulings (AAR - Maharashtra bench) has held that supply of online games — sent by an email attachment or via a secure lin ...
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CBIC directs to Ignore message on liability for Inward Supplies attracting RCM

21 Oct

In a Statement issued by GSTN said that, the system has started providing auto-populated GSTR-3B on the basis of GSTR-1 & GSTR-2B from the tax per ...
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Rajasthan HC allows petitioner to apply to GST Council to get CENVAT Credit benefit

21 Oct

The division bench of Justice Prakash Gupta and Justice Sabina in the light of the judgement in the case of Obelisk Composite Technology LLP Vs. Union ...
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GST return filing system being simplified w.e.f. 1st Jan 2021 for small tax payers

21 Oct

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

21 Oct

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

19 Oct

The sale of a ready property is outside the purview of GST and an under-construction property is taxed at 1 percent (for affordable housing) and 5 per ...
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Here’s what helped smooth implementation of GST e-invoicing system

19 Oct

Businesses got ample time for understanding the e-invoicing process and doing proper planning for adopting the new system. E-invoicing got off to a gr ...
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Odisha: Rourkela businessman held for Rs 40 crore GST fraud

19 Oct

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

18 Oct

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

18 Oct

The Supreme Court on Thursday stayed the Delhi High Court order, allowing Bharti Airtel Ltd to claim Rs 923 crore in tax refunds by rectifying its goo ...
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Transporters found undervaluing goods to evade GST

17 Oct

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

17 Oct

According to the government's own admission, Rs 1.10 trillion out of the expected Rs 2.35 trillion shortfall in compensation to the states for impleme ...
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CBIC extends Due date of GST compliance till 31 March, 2021

16 Oct

The Central Board of Indirect Taxes and Customs (CBIC) extended the Due Date of GST compliance till 31 March, 2021 during the period from the 20 March ...
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Tax Professionals Seek Extension Of Income Tax, GST Compliance Deadlines

16 Oct

Tax professionals have urged the government to extend various deadlines under the Income Tax Act for assessment year 2020-21 and for filing annual rec ...
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Panel suggests GST cut, liberal lending for auto

16 Oct

A parliamentary panel has called for a reduction in GST on automobiles to 18% to spur demand and help the industry overcome the higher cost due to BS6 ...
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Centre releases 7th instalment of GST of Rs 6000 crores to states

15 Oct

The Ministry of Finance on Monday released the seventh weekly instalment of Rs 6,000 crore to the states to meet the Goods and Services Tax (GST) comp ...
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Govt. cancels GST Registration of 163k Business entities for Non-Filing of Tax Returns

15 Oct

The Government has canceled the Goods and Service Tax (GST) registration of 163,000 business entities who have not filed monthly tax returns (GSTR-3B) ...
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Retrospective amendment in GST law for time frame more of a direction: Delhi HC

15 Oct

The tax department’s amendment around transition credit under the Goods and Services Tax (GST) framework was more of a direction, the Delhi High Court ...
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GST taxpayers to get flexibility to decide on monthly tax payment

14 Oct

Come January 1 and GST taxpayers would be able to pay their tax dues on a self assessment basis without having to go through the cumbersome process of ...
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Consultations before show-cause notices to be pursued by GST officers

14 Oct

The Tax Department will actively conduct consultation prior to issuance of show-cause notices to evaders and assessees of GST so as to facilitate easi ...
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Cloudtail India's GST registration suspended after tax officials find mismatch in records

14 Oct

The Excise and Taxation Department of Haryana government has said that the agency earlier this week had to suspend the goods and service tax (GST) reg ...
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31-year-old Arrested for GST Fraud of Rs 33 Crore, 2 Accomplices Still at Large

07 Oct

North Chennai Central Goods and Services Tax (GST) Commissionerate on Friday arrested a 31-year-old for committing a Rs 33 crore tax fraud by issuing ...
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CA arrested for Rs 7.5 crore GST fraud in Visakhapatnam

07 Oct

The Directorate General of GST Intelligence (DGGI), Visakhapatnam Zonal unit has busted a major input tax credit (ITC) racket being operated by a 28-y ...
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Jharkhand MGNREGA labourer briefly arrested for not paying Rs 3.5 crore as GST

05 Oct

A labourer, who earned Rs 198 a day for works he did under the Mahatma Gandhi Employment Guarantee Act (MGNREGA), in Ghatshila subdivision near Jamshe ...
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Withholding the refund of GST in works contract due to change in tax regime not justified

05 Oct

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

04 Oct

In a significant verdict, the Supreme Court on 03.12.20 held that the levy of Goods and Services Tax (GST) on lotteries, betting and gambling does not ...
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Chhattisgarh opts for special window for GST compensation; now only Jharkhand left

04 Oct

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

03 Oct

The Central board of Indirect Taxes and Customs (CBIC) notified that 8 digit HSN is mandatory for certain goods. The CBIC amended the notification of ...
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High GST on aircraft components forcing Pratt & Whitney to go abroad for maintenance

03 Oct

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

03 Oct

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

02 Oct

Gross GST revenue collection in November stood at nearly Rs 1.05 lakh crore.The revenues for the month of November 2020 were 1.4 per cent higher than ...
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GSTN enables opting quarterly filing of GST returns under QRMP Scheme

02 Oct

The Goods and Service Tax Network (GSTN) has enabled the option for opting for quarterly filing of GST returns under the quarterly return with the mon ...
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Government puts off penalty provision for not using QR codes on GST invoices

01 Oct

The lack of preparedness from the banks has forced the government to waive off proposed penalty for not implementing dynamic QR code on invoices issue ...
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GST notice sent through email is unacceptable: HC

01 Oct

Giving response to an order of a writ petition, the Indore bench of Madhya Pradesh High Court has said that the Goods and Service Tax (GST) notice sen ...
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Man arrested for Rs 100 crore fake GST invoice fraud

01 Oct

A “seasoned fraudster” who created Rs 100 crore worth fake invoices for business deals over the past three years has been arrested by the Directorate ...
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Government issues guidelines for officers to carry out GST checks

01 Oct

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

30 Oct

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

30 Oct

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

30 Oct

About 25,000 businesses who missed filing Goods and Services Tax (GST) return in November will get text messages and emails from tax authorities urgin ...
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NAA asks P&G to pay Rs 241 crore penalty for not passing GST rate cut

28 Oct

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

28 Oct

The Rajasthan High Court granted the bail to a person accused of wrongfully availing ITC on furnishing a bail bond of Rs. 1 Lakh. The petitioner, Subh ...
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CBIC issues clarification on holding of Pre-Show Cause Notice Consultation

25 Oct

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

25 Oct

The Karnataka Authority of Advance Ruling (AAR) ruled that the amounts received towards sale of shares in flats not exigible to GST only if the entire ...
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GST backbone reforms need to remain non-intrusive

24 Oct

The goods and services tax (GST) architecture today faces two challenges. One is the trust deficit between the Centre and states which can delay the i ...
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Madras HC directs Deptt. to grant retrospective registration to the petitioner

24 Oct

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

24 Oct

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

23 Oct

The law committee of the GST Council has suggested that new or fresh GST applicants follow an Aadhaar-like process under which new registrations can b ...
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Govt may approach ICAI for action against 3 CAs over GST frauds

23 Oct

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

21 Oct

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

21 Oct

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

21 Oct

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

20 Oct

In a major relief to businesses, the government plans to do away with monthly filing of Goods and Services Tax (GST) returns after the electronic invo ...
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Patiala House Court refuses to grant bail for passing ITC without payment of GST

20 Oct

It is alleged that the companies owned and controlled by accused Rakesh Kumar Goyal have availed most of the amount of ITC from companies owned or con ...
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Free transport to work provided by employer to employees is subject to GST

20 Oct

The Haryana Authority of Advance Ruling (AAR) has said that free transport provided by an employer to ferry employees to work is subject to goods and ...
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Fresh crackdown on GST fraud, 5 more arrests take total to 30 this month

19 Oct

he government’s nationwide drive against fake Goods and Services Tax (GST) invoices on its fifth day saw five more arrests, raising the total tally of ...
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Inter-state GST invoice racket busted in Maharashtra

19 Oct

An inter-state tax invoice racket with fake transactions of over Rs 131 crore and fraudulent input tax credit of over Rs 26 crore was busted by the Na ...
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SC Asks Petitioner Challenging Levy Of GST On Hand Sanitizers Under Same Tariff Heading As Insecticides To Approach HC

19 Oct

SC required the petitioner who challenged the levy of GST on hand sanitizers under the same Tariff Heading as insecticides, etc. to approach the HC. T ...
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Restrain on movement of goods from Dec for not filing GST returns on time

18 Oct

Businesses, both small and big, will not be able to move goods from one place to another if they have not filed GST returns on time from December. The ...
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Supply of Service to BCCL is Import of Service, GST applicable on RCM

18 Oct

The West Bengal Appellate Authority of Advance Ruling (AAAR) ruled that the supply of service to Bharat coking coal Ltd. (BCCL) in terms of a Maintena ...
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Honest taxpayers need not worry about display of GST details: Govt

17 Oct

The government on November 16 said honest taxpayers need not worry about the display of their Goods and Services Tax (GST) details in the new self-gen ...
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GST law committee to discuss GST amendments against fake invoices

17 Oct

After launching a nationwide drive against fake Goods and Services Tax (GST) invoices that saw 25 attests in just four days, the government is conside ...
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Council to discuss tightening of GST registration norms

17 Oct

A panel of officials attached to the Goods and Services Tax (GST) Council will on November 18 discuss further tightening of the way GST registration i ...
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CBIC mandates GST E-invoicing from January 1, 2021, If turnover exceeds Rs. 100 Crores

12 Oct

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

12 Oct

The government has received recommendations that a uniform Goods and Services Tax (GST) of 5 percent should be applicable at every stage of the value ...
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CBIC notifies manner of opting for furnishing GST Quarterly Return

12 Oct

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

11 Oct

Quarterly goods and services tax (GST) return filing for small businesses is turning out to be a double-edged sword. A key relaxation in compliance fo ...
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CGST Delhi South Commissionerate busts syndicate of firms involved in availing Fake ITC

11 Oct

On the basis of review of high amount of out go on account of ITC refund, followed it up with data mining/analysis on GSTN and E way bill portals, the ...
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GST applicable on One Time Long Term Lease premium payable to an Urban Development Authority: AAR

11 Oct

The Gujarat Authority of Advance ruling (AAR) ruled that Goods and Service Tax (GST) is applicable on one time long term lease premium payable by Jinm ...
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PIL alleges evasion of GST by cable and internet services

10 Oct

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

10 Oct

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

09 Oct

The Goods and Services Tax Network (GSTN) portal will now be able to handle double the taxpayer traffic for return filing than it used to after the GS ...
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GST authorities will soon be able to stop transactions by suspicious firms

09 Oct

The government’s efforts to check evasion of Goods and Service Tax (GST) and step up the indirect tax system’s efficiency is set to reach the next lev ...
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Supreme Court reserves order on GST on sale of lotteries

09 Oct

The Supreme Court has reserved its judgment on the constitutional validity of imposing Goods and Services Tax (GST) on sale of lotteries across the co ...
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Centre should issue white paper on impact of GST and Covid on economy: Gehlot

09 Oct

Rajasthan Chief Minister Ashok Gehlot on Sunday demanded that the Centre should come up with a white paper to inform people about the impact of demone ...
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Consensus on including liquefied natural gas under GST soon

07 Oct

There is likely to be a consensus on including liquefied natural gas (LNG) under the ambit of the Goods and Services Tax (GST) soon, Petroleum Ministe ...
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Amount of fraud in GST needs cautious approach

07 Oct

The CGST department needs to take a cautious approach because of the amount of fraud happening in claiming input tax credit (ITC) by business entities ...
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Buyers from big firms to show valid e-invoices for tax credit

07 Oct

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

07 Oct

The Goods and Service Tax Network (GSTN) issued a comprehensive guide dated November 05, 2020, for taxpayers on common errors on GST Portal and sugges ...
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GST collection and power consumption show recovery: Ex-RBI chief C Rangarajan

06 Oct

Former governor of the Reserve Bank of India (RBI) C Rangarajan on Thursday said the decline in the growth of the economy triggered by COVID-19 was li ...
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Banks, Insurance companies are getting GST notices from small towns

06 Oct

Banks and insurance companies already seeking to cope with the effects of Covid pandemic face a new challenge, Goods and Service Tax (GST) notices fro ...
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Companies get GST audit notices from various States

05 Oct

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

05 Oct

Finance secretary, Ajay Bhushan Pandey said to ANI that GST rate cut sends a wrong signal to domestic business/industries as well as international inv ...
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Finance Ministry receives recommendation to reduce GST compensation cess on coal

05 Oct

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

04 Oct

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

04 Oct

Puducherry is the latest addition in the list of 21 states and two Union territories (UTs) to accept the Centre’s proposal to borrow Rs 1.1 lakh crore ...
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Madras HC quashes levy of interest on ITC component

04 Oct

What could be seen as a significant relief to GST assessees, Madras High Court has set aside orders for levying interest on input tax credit (ITC) as ...
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Surge in GST collection indicate sustained recovery in economy

03 Oct

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

03 Oct

The Centre on November 2 released an amount of Rs 6,000 crore as a second tranche to states as their GST compensation cess shortfall under a special b ...
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GST e-invoices rose by three times within a month of launch

03 Oct

The e-invoicing system under the goods and services tax (GST) has witnessed a three-fold rise within a month of its rollout, as per a report. About 2. ...
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100 notices issued in suspected cases of tax evasion of more than Rs. 55 crore in Chandigarh

02 Oct

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

02 Oct

Goods and Services Tax (GST) collections for October improved significantly in Goa, coming on par with the October 2019 figure, data released by the C ...
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GST monthly collection crosses Rs 1 lakh crore first time in FY21

02 Oct

Goods and Services Tax (GST) collections in October 2020 were Rs 1.05 lakh crore, making it the first time monthly revenues crossed the Rs 1 lakh cror ...
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Apple passes on 2 per cent equalisation levy to Indian consumers

31 Oct

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

31 Oct

In what could be a healthy sign of economic recovery, goods and services tax (GST) collections recorded in the month of October are likely to cross Rs ...
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Jump in cost of imported raw materials due to Covid lead to GST complications

30 Oct

Many companies that reported an increase in their indirect tax outgo due to a steep jump in their import costs after the Covid pandemic fear that when ...
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GST officials raid fake input tax credit racket in Delhi

30 Oct

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

30 Oct

The Gujarat High Court in a recent order has armed GST Commissioners with the power to authorise arrest of a person if he has reasons to believe that ...
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Bringing natural gas under GST regime would reduce cascading impact of taxes on industries

29 Oct

Global energy majors are bullish on the growth of natural gas usage in India and have called on the government to bring natural gas under the GST regi ...
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GST filing increases troubles to MSMEs amid pandemic

29 Oct

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

29 Oct

The writ petition was filed in the Supreme Court challenging the imposition of Goods and Services Tax (GST) on products meant for the aid of persons w ...
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Small traders can now file GST returns through SMS

28 Oct

Another process of filing GST returns has been made easier for small traders. The GST Network (GSTN) has started the facility of filing quarterly retu ...
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Government to prepare a list of ‘risky’ companies created to evade GST

28 Oct

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

28 Oct

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

27 Oct

Small businesses with no tax liability can now file their Goods and Services Tax (GST) returns with text messages, GSTN, the company that processes GS ...
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BP Plc. eyes India's fuel market, wants gas in GST

27 Oct

Labelling India as an extraordinary country growing at an incredible scale, energy supermajor BP Plc on October 26 said it is looking to expand its pr ...
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Government support in GST cut could aid entire Passenger Vehicle Industry: Tata Motors

27 Oct

Any kind of support from the government in terms of GST reduction would help the passenger vehicle segment immensely as it would negate some of the pr ...
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Due dates for filing IT returns, audit reports, GST annual return extended

26 Oct

The government on October 24 said due dates for filing income tax returns and tax audit reports for FY20 for various classes of tax payers have been e ...
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Centre borrows and transfers Rs. 6,000 crore to 16 states, 2 UTs

24 Oct

The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation shortfall to 16 states and two union territories, incl ...
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Liaison offices of foreign entities liable to pay GST: Karnataka AAR

24 Oct

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

24 Oct

Navi Mumbai police busted a Goods and Service Tax (GST) evasion racket and seized silver and imitation jewellery worth ₹6.17cr. The consignment was he ...
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CA Student arrested in GST scam of Rs. 50.24 Crore

23 Oct

A CA Final student has been arrested for creating Fake Invoices to generate fake Input Tax Credit amounting to Rs.50.24 Crores. The officers of CGST, ...
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Agreeing to grant easement rights even to original owner is service and attracts 18% GST

23 Oct

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

22 Oct

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

22 Oct

The Karnataka Authority of Advance Ruling (AAR) ruled that the Input Tax Credit is restricted on medicines used in the supply of health care services ...
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Supply of Arhar and Green Gram to NAFED is an exempted supply

22 Oct

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

21 Oct

The Goods and Services Tax (GST) portal experienced technical failure on the last day for filing the GSTR-3B for September. Over the past six days, th ...
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Centre should take initiative in settling GST borrowing quantum issue: Kerala FM

21 Oct

Kerala Finance Minister Thomas Isaac on Monday asked the central government to take initiative in settling the issue of quantum of borrowing to fund g ...
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Proportionate ITC can be claimed on inputs used in Installation of Renewable Power Plant

21 Oct

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

20 Oct

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

20 Oct

The controversy around levying Goods and Services Tax on intermediaries has come back to the fore and the Gujarat High Court is planning to relook at ...
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12% GST applicable on LED Stem (mounted on long rod), says AAR

20 Oct

The Tamil Nadu Authority of Advance Ruling (AAR) held that 12% Goods and Service Tax (GST) is payable on the LED stem. The applicant, M/s. lnventaa LE ...
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Opposition states likely to take common stand on GST compensation

20 Oct

The opposition-ruled states are likely to take a common stand on Goods and Services Tax (GST) shortfall compensation following the Centre’s decision t ...
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Economic chaos being spread by Central govt: Sonia on GST compensation cess

19 Oct

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

17 Oct

A day after the Centre agreed to borrow Rs 1.10 lakh crore on behalf of states for meeting GST shortfall, Finance Minister Nirmala Sitharaman on Frida ...
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CBIC notifies due date of GSTR-3B for October 2020 to March 2021

17 Oct

The Central Board of Indirect Taxes and Customs (CBIC) notified that the return in Form GSTR-3B of the Central Goods and Services Tax Rules, 2017 for ...
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Cable TV networks in Telangana not paying GST since 2017: PIL

17 Oct

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

17 Oct

The Centre has accommodated all concerns of the state governments on the issue of borrowing to meet deficit in goods and services tax compensation ces ...
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CBIC advises businesses to rectify GST return filing defaults

16 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on October 15 urged businesses to ensure that their pending tax returns are filed as defaults c ...
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Centre revises borrowing calendar for second half to accommodate GST compensation

16 Oct

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

15 Oct

Some Opposition-ruled states will take a call on Friday on approaching the Supreme Court on the issue of the Centre pressing states to borrow to meet ...
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GST deadlines coming up: October 2020 is significant for mandating crucial GST Compliances

15 Oct

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

14 Oct

States which want to borrow from the market to meet the Goods and Services Tax (GST) compensation shortfall can do so without any consensus in the GST ...
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Long-Term Leases Will Attract GST, Says Authority For Advance Ruling

14 Oct

Two recent decisions by the Authority for Advance Ruling will increase the tax liability on land lease transactions. At the heart of both the rulings ...
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20 states allowed to borrow Rs 69,000 crore from bond market

14 Oct

A day after the stormy GST Council meeting, the Centre on Tuesday allowed 20 states, which had backed its proposal, to borrow close to Rs 69,000 crore ...
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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 Oct

The GST Council concluded the discussion without reaching any consensus for the second time in two weeks. The Centre and states last meet on October 5 ...
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CBIC clarifies provisions of ITC availment restrictions for February, 2020 to August, 2020

12 Oct

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

The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that, E-Way Bill generation facility to be blocked for Taxpayers who failed to ...
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Govt may consider allowing GST deposit on cash basis: PwC report

12 Oct

The government may consider allowing India Inc to deposit GST on cash basis to help them tide over the liquidity woes during the COVID-19 pandemic, a ...
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Centre and most states to push for fund-raising at GST meet on October 12

12 Oct

The Union government is unlikely to allow voting on fund-raising by states at Monday’s GST Council meeting. It will insist that those who want to go a ...
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Taxpayers will have to report only transactions pertaining to FY19 in annual GST return

10 Oct

The finance ministry on October 9 said taxpayers are required to report in the annual GST return of 2018-19 only the values of transactions pertaining ...
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New GST system generates 69.5 lakh e-invoices in first week of implementation

10 Oct

As many as 69.5 lakh invoice reference numbers have been generated by 71,000 users in the first week of implementation of goods and services tax (GST) ...
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GST Intelligence busts fraud exporter companies who put govt at double loss

10 Oct

GST Intelligence has busted a few exporter companies for defrauding the government through fake claims of Input Tax Credit (ITC) and cash refund of ar ...
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GST Council may set up Group of Ministers on compensation shortfall

09 Oct

The Goods and Services Tax (GST) Council could consider setting up a group of ministers (GoM) to resolve the row over states having to borrow from the ...
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Tourism industry seeks reduction in GST rate, tax benefits to revive sector

09 Oct

Key stakeholders of the country’s travel and tourism industry on October 8 put forward a proposal to the government that included a bunch of measures ...
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Start-ups in the space sector welcome Centre's decision to scrap 18% GST on satellite launches from India

09 Oct

Indian start-ups in the space sector have welcomed the government’s latest announcement to scrap the 18% GST that is levied on firms launching Indian ...
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Pre-filled GST returns to become norm from 1 Jan

08 Oct

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

08 Oct

The two member bench of Susmita Bhattacharya and Parthsarthi Dey ruled that the activity of assignment is in the nature of agreeing to transfer one’s ...
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GST meet: Voting on borrowing options unlikely

07 Oct

The Centre is unlikely to allow any voting on the options of borrowing by states at next week’s GST Council meeting. It will say that the issue is out ...
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GST: India Eases Compliance Burden For Small Businesses

07 Oct

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

06 Oct

In a bid to ease GST compliance and return filing for small taxpayers, the GST Council on October 5 allowed them to file GSTR-1 and GSTR-3B once a qua ...
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GST compensation cess to stay beyond June 2022 to help states

06 Oct

After joining hands with the states at the GST Council to extend the applicability of compensation cess on cars, coal and soft drinks beyond June 2022 ...
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GST Council revises requirement of declaring HSN/SAC in invoices and in FORM GSTR-1

06 Oct

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

06 Oct

MUMBAI: Parota lovers, waiting to hear if the ‘ready-to-cook’ item will be taxed at 5% or 18% under the goods and services tax (GST), will be disappoi ...
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GST Council to meet today: Stage set for stormy session as compensation dues issue to take centre stage

05 Oct

The Goods and Services Tax (GST) Council is set to meet on October 5 for the first time after the Centre provided the states with two borrowing option ...
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GST shortfall: Opposition-ruled states to ask for dispute resolution mechanism at Council meet

05 Oct

The Opposition-ruled states have decided to ask the Centre to put in place a dispute resolution mechanism to address the contentious issue of Goods an ...
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GST E-Invoice: CBIC amends rules related to Invoice Reference Number & QR Code

03 Oct

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

03 Oct

In August, the Gujarat High Court allowed a footwear company to claim refund of unused goods and services tax credit. But last week, infrastructure, t ...
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After surge in GST collections, e-way bills hit record high

02 Oct

Finance Secretary Ajay Bhushan Pandey today said amid early signs of recovery, e-way bills have hit a record high. In September, more than of 5.74 cro ...
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Opposition-ruled states refused to change their mind against centre’s borrowing options

02 Oct

Ahead of the crucial meeting of the Good and Services Tax (GST) Council on October 5, the Opposition-ruled states have dug in their heels against the ...
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GST collections show rise for first time after 6 months

02 Oct

Goods and services tax (GST) collections grew 4% to Rs 95,000 crore in September — the first rise after six months of decline — indicating a recovery ...
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GST annual return filing for 2018-19 due date extended till Oct 31

01 Oct

The Centre has given more time to taxpayers in yet another compliance measure as it extended the due date to file GSTR-9 and GSTR 9C for 2018-19 by a ...
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CBIC gives 30-day grace period for those not yet ready for GST e-invoice

01 Oct

Businesses not yet prepared for generating Goods and Services Tax (GST) e-invoices despite having got about nine months to prepare for, have been give ...
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CBDT authorizes DG of Income Tax to Upload GST Return Information in Form 26AS

01 Oct

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

30 Oct

The Maharashtra Appellate Authority of Advance Ruling (AAAR) affirmed the AAR’s ruling and held that the applicant can not charge GST at the rate of 1 ...
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18% GST is leviable on consideration received on Sale of TDR and FSI: AAAR

30 Oct

The Maharashtra Appellate Authority of Advance Ruling (AAAR) affirmed the AAR’s ruling and held that 18% GST is leviable on sale of Transferable Devel ...
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Madhya Pradesh HC Grants Bail To Person Accused Of GST Fraud

29 Oct

The Madhya Pradesh High Court has granted bail to an accused person in case of GST evasion, for alleged fabrication of invoices and upload of the same ...
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GST e-invoicing mandatory for B2B transactions from October 1

28 Oct

No further relaxation is likely in terms of e-invoicing as the Centre is set to go ahead with the decision to make GST e-invoicing mandatory for compa ...
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Rajasthan High Court quashes order freezing Bank Account beyond 1 year

28 Oct

The Rajasthan High Court quashed the order freezing the bank account of the petitioner for more than 1 year. The investigation had been initiated agai ...
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Temporary retention of GST compensation in the Consolidated Fund isn't diversion: FinMin Sources

28 Oct

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

26 Oct

The plan to introduce the e-invoicing regime from October 1 will not be postponed. This was revealed by GST Network (GSTN) CEO Prakash Kumar at Friday ...
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CAG has highlighted discrepancies in GST registration in its report

26 Oct

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

26 Oct

The Comptroller and Auditor General has pulled up the government for diverting a large chunk of the money it collected as cess to the general pool mak ...
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Centre violated GST Compensation Cess Act, used funds allocated for states elsewhere

25 Oct

The Comptroller and Auditor General of India has found that the Centre violated its own law on the Goods and Services Tax regime and retained Rs 47,27 ...
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Kerala HC orders CDRSL to pay GST on Input Services and then claim ITC and refund

25 Oct

The Kerala High Court ordered the petitioner CIAL Duty Free and Retail Services ltd. (CDRSL) to pay the GST on input services including Concession Fee ...
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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 Oct

The Patiala House Court, Delhi granted the bail to the person accused of availment of ineligible Input Tax Credit (ITC) to the tune of Rs. 24 Crores.T ...
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GST Council likely to approve two-year extension of compensation cess levy

24 Oct

The GST Council is likely to approve a two-year extension of compensation cess levy on goods and services to allow Centre to pay entire shortfall in G ...
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Delhi High Court rejects plea challenging 5% GST on all varieties of fabrics

24 Oct

The Delhi High Court rejected the plea challenging 5% GST on all varieties of fabrics falling under Chapters 50 to 63 of the Customs Tariff in further ...
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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 Oct

The writ applicant, M/s Radha Tradelinks Pvt. Ltd. is engaged in the business of areca nut, spices, etc. A consignment of areca nut was transported fr ...
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Notional Interest on Security Deposit, Property Tax forms part of ‘Rental Income’: Karnataka AAR

23 Oct

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

23 Oct

The Central Board of Indirect Taxes and Customs (CBIC) waived off the late fee payable for failure to furnish the return in FORM GSTR-10.As per sectio ...
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CBIC extends due date of E-Way Bill for goods sent/taken on approval

22 Oct

The Central Board of Indirect Taxes and Customs (CBIC) extended the due date of GST compliance and validity of the e-way bill till October 31, 2020 in ...
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GST-registered businesses will soon get pre- filled Return form, GSTR-3B

22 Oct

"We are moving towards providing taxpayers with a pre- filled GSTR-3B form so that they can pay their taxes at ease. To start with, an option to edit ...
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GST Authorities can now recover only interest on net cash liability.

22 Oct

The GST authorities will be able to recover only the interest on net cash liability from taxpayers since the introduction of the new tax regime, the C ...
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Borrowing :Opposition-ruled states harden stance.

22 Oct

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

21 Oct

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

21 Oct

Any state that does not choose one of the borrowing options offered by the Centre to compensate for the revenue loss on account of goods and services ...
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Govt indicates that it has required support from states and UTs to push its GST formula

21 Oct

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

19 Oct

Finance minister Nirmala Sitharaman said the Centre is not reneging on its promise to compensate states for any revenue loss due to the transition to ...
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GST reduction on fans to 5% will boost product sales, says IFMA

19 Oct

The goods and services tax (GST) reduction from 18 percent to 5 percent on fans will help boost the product sales, said the Indian Fan Manufacturers A ...
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Uniformity in GST rates necessary for sustained growth of mining sector: FIMI

19 Oct

Miners' body FIMI on Friday said the mining industry is passing through a period of high uncertainty and stressed that uniformity in GST rates is nece ...
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Cash can be seized in GST Search as it’s covered under definition of ‘Things’: Madhya Pradesh HC

18 Oct

The Madhya Pradesh High Court said that cash can be seized in Goods and Service Tax (GST) search as it is covered under definition of ‘Things’.The pet ...
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Auto companies should cut royalty payments, instead of asking the government to reduce GST: FinMin Sources

18 Oct

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

18 Oct

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

17 Oct

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

17 Oct

The National Anti-Profiteering Authority (NAA) has found M/s Pinky Sales guilty of profiteering by not reducing prices in respect of the supply of foo ...
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GST be imposed on wellness centres depending on services offered: Gujarat AAR

16 Oct

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

16 Oct

Faced with rising cases of fraud in input tax credit, the Odisha government plans to amend the Odisha Goods and Services Tax making fraudulent input t ...
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Gym owners urge state govts to open gyms, seek lower GST & other measures to revive industry

16 Oct

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

16 Oct

The Goods and Services Tax (GST) Council is empowered to ask the Central government to permit the states to borrow for meeting GST compensation shortf ...
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Businessman arrested for tax evasion in Raipur

15 Oct

A businessman involved in steel and cement trading was arrested in Chhattisgarh's capital Raipur on September 12 for allegedly evading taxes of over R ...
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13 states submit borrowing option to Centre to fund GST shortfall

14 Oct

As many as 13 states ruled by the BJP and parties that have supported it on various issues have submitted their borrowing options to the Centre to mee ...
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Extend GST annual return filing deadline by 3 months: ICAI

14 Oct

The Institute of Chartered Accountants of India (ICAI) has written to the GST Council seeking deferment of 2018-19 GST annual return filing deadline b ...
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GST Council meeting postponed to October 5: Sources

14 Oct

The GST Council meeting slated for September 19 has been postponed to October 5, sources said on Friday.The 42nd meeting of the Council has been postp ...
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42nd GST Council meet deferred to first week of October

12 Oct

The 42nd meeting of the Goods and Services Tax (GST) Council, which was scheduled to be held on September 19, has now been deferred to the first week ...
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GST Council likely to consider 18% rate on all kind of sanitizers in next meeting

12 Oct

GST Council in its next meeting is likely to decide on 18 pc rate on all kind of sanitizers. Currently, while non-alcohol based sanitizer attracts 12 ...
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Central Government's failure to pay compensation to states is setting the stage for a showdown

12 Oct

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

11 Oct

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

11 Oct

The Maharashtra Authority of Advance Ruling (AAR) ruled that the Input Tax Credit (ITC) is available to Applicant on GST charged by the service provid ...
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Handset makers can save costs due to GST-customs portal integration

11 Oct

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

10 Oct

The Goods and Services Tax (GST) Council is divided along political lines with just a few days to go for the start of the monsoon session of Parliamen ...
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Karnataka AAR Allows ITC on Equipment, Furniture, Reagents/consumables used for Performing Test

10 Oct

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

10 Oct

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

09 Oct

Opposition-ruled states are unlikely to budge on their stance and insist that the Centre should borrow to compensate them for the revenue loss on acco ...
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Goods can’t be detained if payment of GST is not mentioned on E-Way Bill: Kerala HC

09 Oct

The Kerala High Court held that goods can’t be detained for non-mention of payment of GST on the e-way bill as per the SGST Act, 2017, and R.138A of S ...
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Center committed to pay full GST compensation to states

08 Oct

The Union government is committed to compensate states for their entire Rs 2.35 lakh crore Goods and Services Tax (GST) shortfall in 2020-21 irrespect ...
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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 Oct

The Kerala High Court held that goods can not be detained merely on the basis that the consignee was mentioned as an Unregistered Person in E-Way Bill ...
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Excise officials to go on mass leave for alleged GST evasion

07 Oct

Excise and taxation officials today announced that they would proceed on a two-day mass leave on September 7 and 8 for alleged witch-hunting in the Go ...
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Focus on decriminalising offences and wider use of compounding provisions in GST laws

07 Oct

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

05 Oct

Tax evasion of over Rs 2 crore has allegedly been unearthed at GMERS Medical and Sola Civil Hospital. A housekeeping agency from Bhavnagar that outsou ...
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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 Oct

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 Oct

Union Minister Prakash Javadekar on Friday lent his weight to the automobile industry’s demand for a reduction in GST rate to boost growth, saying he ...
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GST e-invoicing mandatory from October 1 for big companies

04 Oct

‘E-Invoicing’ has been one of the most discussed topics for the past month and it has made its way to the to-do lists of all large corporates having G ...
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Penalty can’t be levied on S3 Buildwell Pvt. Ltd. for denying benefit of ITC to Flat buyers: NAA

04 Oct

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

04 Oct

JOINING THE demand by non-BJP ruled states that the Centre should borrow to meet the compensation deficit under the Goods and Services Tax (GST) regim ...
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Tussle over GST dues is biggest tension point in federal system

03 Oct

The tussle between the Centre and states over the goods and services tax (GST) compensation is “the biggest tension point in the federal system", Kera ...
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Telangana CM urges centre to take up responsibility of compensating states

02 Oct

Telangana Chief Minister K Chandrasekhar Rao has urged Prime Minister Narendra Modi to drop the proposal asking the states to go for borrowing to meet ...
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GST council must fill revenue gap by consent of all, not majority: Opposition

02 Oct

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

02 Oct

The gross GST collection in August stood at Rs 86,449 crore, down from Rs 87,422 crore collected in July, the Finance Ministry said on Tuesday.The rev ...
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Consider more legally viable options for GST dues to states: Delhi CM

02 Oct

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

01 Oct

The government on Monday extended by 2 months the due date for filing of annual GST returns for 2019-20 by composition dealers to October 31. This is ...
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Seven States, One Union Territory Oppose Centre’s Proposal To Meet GST Shortfall

01 Oct

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

01 Oct

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

01 Oct

Chief Minister Edapaddi K. Palaniswami has written to Prime Minister Modi urging him agree to a mechanism in which the Centre would raise the required ...
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Centre unlikely to change the GST compensation formula

31 Oct

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

31 Oct

The GST Network on August 29 started providing auto-drafted input tax credit (ITC) statement GSTR-2B which would assist the taxpayers in determining t ...
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Forcing GST debt on states will lead to 'brute power of centralism': Bengal FM

31 Oct

West Bengal finance minister Amit Mitra on Sunday said that the Centre's suggestion to states to borrow for meeting the shortfall in revenue from Good ...
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Opposition ruled states likely to reject Centre’s GST options

31 Oct

A number of states, particularly opposition-ruled ones, are set to reject the two borrowing options proposed by the Centre to meet the deficit in the ...
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GST compensation fund likely to continue beyond 5 year transition period

31 Oct

The Goods and Service Tax (GST) compensation fund can continue beyond the five-year transition period if a steep fall in revenue from the levy means t ...
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RBI likely to prefer borrowing by center on behalf States for GST compensation

29 Oct

The Reserve Bank of India (RBI) is likely to prefer that the Centre borrows and gives money to the states toward goods and services tax (GST) compensa ...
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After FM said two-wheelers merit a GST cut, bike makers fear buyers may postpone purchases

29 Oct

The two-wheeler industry’s hopes were dashed on August 27 when Finance Minister Nirmala Sitharaman made no announcement about a reduction in goods and ...
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GST rate cut will boost two-wheeler firms' Earning Per Share

29 Oct

A GST rate cut would be positive for two wheelers and boost their earnings per share, global brokerage CLSA said on Friday.Indian Finance Minister Nir ...
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Easing FRBM limit by 50 bps not adequate, say Kerala, Punjab

29 Oct

Kerala is set to reject both borrowing options put on the table by the Centre to meet the GST compensation shortfall for FY21, even as other states qu ...
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After 5-hr meet on GST compensation, states get 7 days to choose from 2 options

28 Oct

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

28 Oct

The Centre and states on Thursday converged on the need to borrow more funds to meet the latter’s compensation requirement due to an estimated Rs 3-la ...
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GST hike on tobacco products may bring double whammy; tobacco farming gives livelihood to crores of people

28 Oct

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

28 Oct

The observation by the finance ministry that the two-wheeler sector merits a lower GST (goods and services tax) rate may result in another round of st ...
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Proposals presented by finance minister on GST compensation are unclear: states

28 Oct

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

27 Oct

A good news may come for two-wheeler companies and the customers as the GST Council meeting on Thursday. Finance Minister Nirmala Sitharaman had signa ...
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No recovery of interest on gross basis for past GST dues: CBIC

27 Oct

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

27 Oct

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

27 Oct

States may need compensation in the range of Rs 3.1-3.6 lakh crore this year for a “shortfall” in GST collections, with additional market borrowings a ...
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GST rates may be revised for two wheelers, says FM Nirmala Sitharaman

26 Oct

Finance Minister Nirmala Sitharaman on Tuesday said the Goods and Services Tax (GST) Council would look into the auto industry’s demand for lowering t ...
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States will face tax crisis due to Covid-19

26 Oct

The Covid-19 pandemic has worsened the economic slowdown in India. The slowdown was evident with a slide in the GDP growth rate since the last quarter ...
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GST Council like apex authorities can be set up for land, labour, power: RBI

26 Oct

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

25 Oct

GST, which subsumed about 17 local levies, was rolled out on July 1, 2017. Jaitley held the finance portfolio in the first term of the Modi government ...
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Compensation cess on tobacco products can generate Rs 49,740 crore: GST Council

25 Oct

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

25 Oct

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

25 Oct

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

25 Oct

Regional beverage makers are facing heightened scrutiny from GST officials over tax evasion as many of them were found to be claiming that their proud ...
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Aadhaar authentication for new GST registration is active from August 21

24 Oct

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

24 Oct

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

24 Oct

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

22 Oct

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

22 Oct

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

22 Oct

In a first of its kind order dated 14th Aug 2020, the National Anti-profiteering Authority (NAA) has given a reprieve to a real estate company despite ...
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41st GST Council Meet: Compensation to states for revenue losses under the indirect tax regime

21 Oct

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

21 Oct

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

20 Oct

The much-awaited Goods and Services Tax (GST) Council meeting is likely to be held on August 27 and another meeting will be scheduled on September 19, ...
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Madhya Pradesh HC grants Bail to Promoters of Bhopal based Som Distilleries for alleged Tax Evasion

20 Oct

The Madhya Pradesh High Court granted the bail to the promoters of Bhopal based Som Distilleries for alleged Tax Evasion on furnishing a personal bond ...
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Functionality to help GST payers on ITC eligibility enabled by GST Network

19 Oct

GST Network on Tuesday said it has enabled a functionality to help GST payers know their input tax credit (ITC) eligibility in their Annual Return, ma ...
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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 Oct

The Rajasthan High court directed the GST Council to issue a recommendation to the Commissioner to enable petitioners to get the benefit of CENVAT cre ...
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HC rejects the plea seeking lower GST on Sanitizers and Masks

19 Oct

A public interest litigation (PIL) was on Friday moved in the Delhi High Court seeking direction to the center to classify masks and sanitizers as ess ...
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GST Council To Explore Making E-Way Bills Must For Moving Gold Within States

18 Oct

A Group of Ministers has agreed that states can individually decide to make e-way bills mandatory for the movement of gold within their territory to c ...
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Punjab and Haryana HC: GST Authorities to consider PIL for Reclassification of AUS Ingredient Based Sanitizers

18 Oct

The Punjab and Haryana High Court directed the GST Authorities to consider PIL for reclassification of Ayurvedic/ Unani/ Siddha (AUS) Ingredient Based ...
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Inspection, Search, and Seizure for goods kept under illegal custody upheld by Kerala HC

18 Oct

The Kerala High Court upheld the inspection, search and seizure under Section 67 of the CGST Act for goods kept under illegal custody and an amount of ...
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Mixed response from jewellery sector on reverse mechanism proposal

17 Oct

A proposal by a group of ministers for GST amendment on the gem and jewellery sector elicited a mixed response from the trade.To plug loopholes in col ...
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Notice to GST Commissioner for various TRAN issues: Madras HC

17 Oct

The Madras High Court issued the notice to the Commissioner and Assistant Commissioner of Central Excise and GST for various TRAN issues. In the writ ...
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View: Clean up GST, to increase income tax collections

17 Oct

The Prime Minister has launched a tax reform programme that would further reduce the personal interaction between taxmen and taxpayers. This is meant ...
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22% hike in GST collection this July in Faridabad

17 Oct

The GST collection in the district, which took a severe beating in April this year due to the lockdown, has charted a recovery path. While it has grow ...
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Over Rs 17 crore tax evasion by cement manufacturer detected by GST intelligence

13 Oct

The GST intelligence officials have detected over Rs 17 crore tax evasion by a major cement manufacturer in Satna and arrested one of its directors, a ...
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Coming soon: GST technological maintenance to ease compliance and fill up leaks

13 Oct

Filing goods and services tax (GST) returns will be easier with technological changes set to be introduced over the next few months, while putting on ...
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AAR rules that manufacturing and supply of Railway Parts will attract 12% GST rate

13 Oct

The Authority of Advance Ruling (AAR), Karnataka ruled that 12% GST applicable to manufacturing and supplying of the Railway parts including knuckle, ...
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GST Council likely to consider hiking cess on sin goods

13 Oct

The upcoming GST Council, which shall meet on only single point agenda, anytime in August, to iron out measures to meet the compensation requirements, ...
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AAR denies ITC on GST paid on lease premium charges towards Land lease for business purpose

13 Oct

The Telangana Authority of Advance Ruling (AAR) held that the applicant, M/s. Daicel Chiral Technologies (India) Private Limited is not eligible to av ...
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Telangana AAR: 5% GST on Food Supplied to Hospitals

13 Oct

The Telangana State Authority of Advance Ruling (AAR) ruled that 5% GST is applicable on food supplied to hospitals including private hospitals, gover ...
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GSTR 1 and 3B to be linked to determine input tax credit and liability

11 Oct

In an effort to plug goods and services tax (GST) evasion and frauds and ease compliance, the existing GST return filing system is being enhanced to h ...
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Company found Guilty for Profiteering for not reducing base price when GST was reduced from 28% to 18%: NAA

11 Oct

The National Anti-Profiteering Authority (NAA), while imposing a penalty on a Company for not reducing the base price despite the GST rate reduction f ...
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Tax Officials directed by Madras High Court to grant GSTN for Transition of Credit

11 Oct

The Madras High Court directed the Commercial Tax Officials Goods and Service Tax Network(GSTN) for migration or transition of credit.The petitioner, ...
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Experts bat Smooth execution of GST filing system without technical glitches

11 Oct

Smooth execution sans technical glitches is critical for the revamped and simplified goods and service tax (GST) return filing system, said experts.Th ...
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Coaching classes are not eligible for GST exemption: AAR

10 Oct

Coaching classes are not exempt from the Goods and Services Tax (GST) and will attract a GST at 18 per cent, this was reiterated by a ruling given by ...
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CBIC facilitates Functionality to file Revocation Application for cancelled GST Registration

10 Oct

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the Functionality to file revocation application for canceled GST Registrat ...
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Generation and quoting of DIN on any communication to GST Taxpayers mandated by Kerala GST Dept.

10 Oct

The Kerala GST department on Tuesday mandated the generation and quoting of Document Identification Number (DIN) on any communication to GST Taxpayers ...
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AAR: Immovable Properties with No Distinct Goods and Services attract Work Contracts

08 Oct

The Authority of Advance Ruling (AAR) Maharashtra came up with a ruling that clarifies that immovable properties with no distinct goods and services w ...
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GST e-invoices to roll out from October 1 for companies with revenue above 500 Crore

08 Oct

Implementation of e-invoicing for companies over Rs 500 crore revenue will begin from October 1, the Group of Ministers on information technology for ...
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Offline Tool to prepare Form GSTR-4 Annual Return by Composition Taxpayers enabled by GST portal

08 Oct

The Goods and Services Tax (GST) Portal has enabled the offline tool to prepare to form GSTR-4 Annual Return by Composition Taxpayers. An EXCEL based ...
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GST Returns data for the year 2017 restored on GST Portal

07 Oct

The Goods and Services Tax ( GST ) Portal has restored the GST Returns data for the year 2017. In a statement published in GST Portal said that, ...
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AAR: Amount recovered from Other Government departments for doing Research Work & Study, to make policies is exempted

07 Oct

The Madhya Pradesh Authority of Advance Ruling (AAR) ruled that the amount recovered by the applicant, Atal Bihari Vajpayee Institute of Good Governan ...
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Notices to large number of firms declaring lower sales to avoid tax

07 Oct

Businesses used to under-report their turnovers and investment sizes, sometimes floating new companies and carving out part businesses to them, in ord ...
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Network capacity of GST portal doubled to handle 3 Lakh users

07 Oct

Taxpayers can look forward to fewer glitches on the Goods and Service Tax (GST) portal while filing returns and submitting documents as the portal has ...
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Fiscal health of states exposed to key risk

06 Oct

The state governments, which are at the frontline of addressing the COVID-19 pandemic, are facing a severe revenue shock, which could be exacerbated b ...
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Toyota forced to go slow on hybrids due to Covid, High GST rates

06 Oct

The pandemic and high GST rates have forced Toyota Kirloskar Motor to postpone the launch of the hybrid version of some of its models even as the curr ...
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Punjab’s GST inflow 38% short in April-July

05 Oct

The Punjab government has suffered a dent of 38% in its gross goods and services tax (GST) collection in the first four months of the current fiscal d ...
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Delhi HC allows Samsonite to deposit Profiteered Amount within 6 months

05 Oct

The Delhi HC via video conferencing allows Samsonite to deposit the principal profiteered amount of Rs. 21.2 crores (after adjustment of Rs. 3 crores ...
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Tax credit on services under GST allowed by Gujarat HC

04 Oct

The Gujarat High Court has allowed a footwear company to claim credit for taxes paid on service inputs under the goods and services tax (GST) regime, ...
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GST collections drop to Rs 87,422 crore in July

04 Oct

Goods and Services Tax collections in India are limping back to normalcy with the government clocking gross GST revenue of Rs 87,422 crore in July 202 ...
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Due date for filing GST returns extended

04 Oct

The Delhi Goods and Service Tax Department notified the Delhi Goods and Services Tax (Tenth Removal of Difficulties) Order, 2019.For the purpose of fu ...
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GST e-invoicing for businesses notified by CBIC

01 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has notified e-invoicing for businesses with turnover above Rs 500 crore, increasing the thresh ...
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Govt junks new GST return format

01 Oct

The staff and officials at the GST Network (GSTN), the IT backbone of the GST, are apparently disappointed at the government's decision to junk the ne ...
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Gujarat HC reads down Explanation to GST Rule denying Refund

01 Oct

A two-judge bench of the Gujarat High Court has categorically held that the Explanation (a) to Rule 89(5) of the CGST Rules which denies the refund of ...
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CBIC notifies Schema for E-Invoice, SEZ units excluded

31 Oct

The Central Board of Indirect Taxes and Customs ( CBIC ) on Thursday notified the Schema for E-Invoice for implementing e-invoicing, a form of electro ...
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Centre not obliged to pay for shortfall in GST compensation fund

31 Oct

The Attorney General has opined that there is no obligation on the central government to pay the GST compensation shortfall to states and the GST Coun ...
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Govt tells panel it has no money to pay states their GST share

31 Oct

Three years since the grand launch of the GST regime in 2017, the government has for the first time admitted that it has no money to pay the state gov ...
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Pressure on states for GST rate rationalisation

30 Oct

States are under fresh pressure to agree to rationalisation of GST rates by reworking slabs and raising the levy on garments and footwear as the Centr ...
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GST intelligence unearths role of mafia

30 Oct

Agents transporting goods like arecanut to other states take GST registration in the name of economically backward people; if the consignment is caugh ...
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GST council can take call on borrowing from market

30 Oct

The attorney general has said the Goods and Service Tax (GST) Council can decide whether a market borrowing mechanism can be established to compensate ...
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GST cess falls 42% short in FY20

29 Oct

The Centre made up a 42% shortfall in Goods and Services Tax compensation cess collection in 2019-20 by using balance of cess from previous years, plu ...
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Relief likely for auto sector on GST, road tax, cess

29 Oct

In light of the ongoing difficulties being faced by the Indian auto industry, the government is in the process of formulating a policy that would driv ...
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Centre pays ₹13,000 crore GST compensation to States and UTs

28 Oct

The Centre has released the last tranche of GST Compensation amounting over ₹13,000 crore to States and Union Territories. With this, the total pay-ou ...
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Taxmen dodge massive GST fraud as exporters claiming Rs 2,000 cr refund go missing on verification

28 Oct

As many as 1,474 exporters have gone untraceable after fraudulently claiming over Rs 2,000 crore of integrated GST (I-GST) refunds, in what shows the ...
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Guidelines to file periodic Return in GSTR-3B to avoid Incorrect Disclosure of ITC issued by Kerela Government

27 Oct

The Commissioner of Kerala Goods and Service Tax issued the detailed guidelines in the form of a circular so as to guide people to file the periodic r ...
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Penalty proceedings of 75 Cr. against Patanjali Ayurved by Anti-Profiteering Authority stayed by Delhi High Court

27 Oct

The Delhi High Court on Friday stayed the penalty proceedings initiated against Patanjali Ayurved for allegedly profiteering Rs 75 crore through sale ...
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Praja Arogya Vedika (PAV) has appealed to Exempt GST on COVID products

27 Oct

Praja Arogya Vedika (PAV) has appealed to Union Finance Minister Nirmala Sitharaman to exempt all COVID-19 related equipment/products, including soaps ...
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Racket involved in Rs 150 crore GST evasion unearthed in Surat

25 Oct

A racket involved in fradulently availing Goods and Services Tax (GST) credit has been busted in Surat by Directorate General of Goods and Services Ta ...
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M/S MAGNAMIND VENTURES (P) LTD. Versus THE STATE OF KERALA

25 Oct

On 21.05.2020 when the matter came up for admission court directed the learned Counsel to get specific instructions as to how much amounts can be paid ...
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Government dumps new GST return system; existing one will be continued with modified version

24 Oct

The government plans to improve existing GST return filing system instead of rolling out a new model. The new system was supposed to be launched on 1 ...
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GST e-invoicing for businesses with Rs 500-cr turnover from Oct 1

24 Oct

The government will notify a new GST e-invoice scheme under which businesses with turnover of Rs 500 crore and above will generate all invoices on a c ...
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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 Oct

The Chhattisgarh High Court directed the Commissioner to refer the matter to the GST Council so as to allow TRAN-1 & TRAN-2 return filing if failu ...
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Finance Secretary says, GST rates can be reduced further as tax base increases

24 Oct

GST rates can be reduced further once the tax base increases and everyone pays taxes properly, Finance Secretary Ajay Bhushan Pandey said on Thursday. ...
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No Input Tax Credit can be claimed on Purchase of Paver Blocks laid on Land: Maharashtra AAR

23 Oct

The Maharashtra Authority of Advance Ruling (AAR) ruled that Input Tax Credit (ITC) cannot be claimed on the purchase of paver blocks laid on land.
...
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Directorate General of GST Intelligence detects Rs 72 crore tax evasion

23 Oct

The Directorate General of Goods and Service Tax Intelligence unveiled evasion of tax of more than Rs 72 crore by a racket of clandestine clearance of ...
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AAR rules that 18% GST is applicable on renting non A/C buses in the name of APSRTC

23 Oct

The Authority for Advance Ruling(AAR) of Andhra Pradesh ruled that 18% Goods and Services Tax (GST) applicable on renting the Non-Air conditioned buse ...
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CBIC enables Filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal.

22 Oct

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the Filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal.
T ...
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GST: Input Tax Credit can’t be claimed on Lift procured and Installed in Hotel Buildings, says AAR

22 Oct

The applicant has sought the advance ruling on the issue of whether Input tax credit on Purchase of Lift would be available to Hotel as it has been us ...
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GST: ITC can be claimed on Water Slides but not on Site Development and Swimming Pools, rules AAR

22 Oct

The Authority consisting of its members Manoj Kumar Chobey and Virendra Kumar Jain ruled that the applicant is eligible to avail the ITC on the purcha ...
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GST recovery orders during lockdown cancelled: Gujarat HC

21 Oct

The Gujarat high court has recently quashed GST department's recovery orders because they were passed after the firms and traders failed to remain pre ...
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Mahindra lifespaces profiteered in Chennai project: National Anti-profiteering Authority

21 Oct

National Anti-profiteering Authority (NAA) has upheld profiteering allegation against Mahindra Lifespaces for its Chennai-based Avadi project.The alle ...
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Time limit for availing transitional credit under GST is mandatory: Madras HC

20 Oct

The Madras High Court has ruled that the time limit for availing transitional credit is mandatory and not directory. This is just opposite to the De ...
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Pending GST registrations to be cleared by CBIC under 'Special Drive' by July 30

20 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Friday notified to clear pending GST registrations under ‘special drive’ by July 30, 2020. ...
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Fraudulent GST refund claims worth Rs 1,875 crore blocked by Government

20 Oct

The government has blocked fraudulent Goods and Services Tax (GST) refund claims worth Rs 1,875 crore involving 1,377 exporters after their addresse ...
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Calcutta high court allows the assessee to make copy of seized documents.

18 Oct

The High Court of Calcutta has held that the taxpayer is empowered to make a copy of the seized document under Section 67 (5) under Chapter XIV of the ...
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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 Oct

NEW DELHI: Over 1,300 exporters who had claimed GST tax refunds of Rs 1,875 crore were untraceable at their principal place of business in a massive v ...
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GST collection in West Bengal drops marginally in June

17 Oct

Collection of revenue under Goods and Services Tax (GST) from centrally administered assessees in West Bengal dropped marginally in June 2020, an of ...
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Chartered Accountant accused of Rs. 100 Crore GST scam was allowed bail by Rajasthan High Court

17 Oct

The High Court of Rajasthan allowed the bail to the person alleged to have created fake invoices to wrongfully availing input tax credit (ITC). T ...
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GST is applicable on Transfer of a business as a going concern

16 Oct

The Andhra Pradesh Authority of Advance Ruling (AAR) ruled that the business of the applicant, Shilpa Medicare Limited of Andhra Pradesh unit, as a ...
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CBIC issues clarification on GST on Hand Sanitizers.

16 Oct

It is stated that hand sanitizers attract GST at a rate of 18%. Sanitizers are disinfectants like soaps, anti-bacterial liquids, Dettol, etc which a ...
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GST refund issues faced by exporters as government makes invoice matching compulsory for input tax credit

16 Oct

Many exporters are facing a working capital crunch as they have run into refund problems after a recent government circular said exporters would not b ...
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Supply of Mud Engineering Services doesn’t Qualify as Composite Service, hence no GST applicable

15 Oct

The Andhra Pradesh Authority of Advance Ruling (AAR) ruled that the Goods and Service Tax (GST) is not applicable to the supply of mud engineering s ...
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Due date for filing annual return by composition dealers for 2019-20 extended till August 31

15 Oct

The government has extended the due date for filing annual return by composition dealers for 2019-20 till August 31. The Central Board of Indire ...
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Copy of Seized Documents under GST can be made by assessee: Calcutta HC

15 Oct

The High Court of Calcutta has held that the taxpayer is empowered to make a copy of the seized document under Section 67 (5) under Chapter XIV of t ...
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GST at the rate of 18% is applicable on Alcohol based hand sanitizers

14 Oct

The Authority consists of members J.K. Meena and Sarita S. Gadgil ruled that Alcohol-Based Hand Sanitizers manufactured by the applicant are covered b ...
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GST consensus under strain as revenues dry up in states

14 Oct

Consensus has guided 40 meetings of the Goods and Services Tax (GST) Council since its inception, but differences between the Centre and fiscally st ...
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GST on maintenance is valid: AAR to south Mumbai society

14 Oct

In a setback to a Nariman Point cooperative housing society (CHS), the GST-Authority for Advance Rulings, Maharashtra, has held that its activities ...
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Prasad Cinema Penalised by GST Anti-Profiteering Body

13 Oct

The government’s GST probe body has held that Hyderabad’s Prasad Cinema profiteered as it failed to reduce ticket prices even after the applicable goo ...
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GST on auto fuels will aid oil firms, customers

13 Oct

Bringing petrol and diesel under the Goods and Services Tax (GST) regime will help retail consumers, commercial entities and oil companies. The fixing ...
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Gaursons Realtech found guilty of profiteering Rs. 20 Crore

13 Oct

The GST anti-profiteering authority has found Ghaziabad-based Gaursons Realtech guilty of not passing on lower tax rate benefits worth Rs ...
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GST Compensation Period: States likely to push for 5 year extension

11 Oct

Witnessing a sharp decline in the GST revenue due to the pandemic and the following lockdown and disruptions in economic activities across the count ...
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No GST is levied on Admission or Membership Fees: Maharashtra AAAR

11 Oct

Membership or admission fee collected by clubs cannot be termed as supply of service and therefore is not liable to goods and services tax (GST), th ...
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Punjab and Haryana HC allows to avail TRAN-1 credit in July 2020 3B return

11 Oct

The High Court of Punjab and Haryana directed the Goods and Service Tax (GST) Authority to permit Petitioner to upload TRAN-I on or before June 30, ...
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IT Software related Consulting Services in Oracle ERP are liable to GST: AAR

10 Oct

The Authority ruled that GST is applicable to IT software related consulting services in Oracle ERP as the said activity satisfies the conditions of S ...
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Centre-state ties under strain as revenues dry up

10 Oct

After the June Goods and Services Tax (GST) Council meeting, Finance Minister Nirmala Sitharaman had said the government was planning to have a single ...
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Govt moves SC against Bharti Airtel

09 Oct

The central government has moved the Supreme Court challenging a Delhi High Court (HC) order that allowed Bharti Airtel to claim goods and services ta ...
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Mis-classification of hand sanitisers results in quarrel between Government and Industry

09 Oct

Multiple goods and services tax (GST) rates have now become a bone of contention between hand sanitiser manufacturers and the government.
Last mont ...
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GST committee considering demand for extending FY20 returns filing date for composition dealers

08 Oct

The CBIC on Tuesday said the GST Implementation Committee is considering the demand for extending the due date for filing of annual return for 2019-20 ...
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18% applicable on GST on Depository Contribution Works

08 Oct

The Authority consists of members Manasa Gangotri Kata and Thiru Kurinji Selvan V.S., while saying TANGEDCO is a ‘Government Entity, ruled that GST is ...
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Maharashtra AAR ruling provides GST relief to MNCs on expats salary

08 Oct

A recent observation by Maharashtra Authority of Advance Rulings (AAR) resulted in the ruling that GST will not be applicable if the Indian proj ...
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12% GST on Agreement of Supply of Services on Transportation of Goods by Road

07 Oct

The Maharashtra Authority of Advance Ruling (AAR) ruled that 12% of GST is applicable to the agreement of supply of services in relation to transporta ...
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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 Oct

A recent GST ruling of the West Bengal Authority of Advance Ruling has mandated that a resolution professional since he is selling goods, has to be re ...
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No GST on Salary Expenses Accounted to meet Indian Accounting Requirements

06 Oct

The applicant sought the advance ruling on the issue of whether the Goods and Services Tax is applicable to the accounting entry made for the purpose ...
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Software services to Indian firm's overseas client liable to GST

06 Oct

A firm that provided software-related consultancy services in Oracle ERP sought AAR seeking a ruling on whether the services provided by it to the for ...
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GST consensus under strain as revenues dry up in states

06 Oct

Consensus has guided 40 meetings of the Goods and Services Tax (GST) Council since its inception, but differences between the Centre and fiscally stre ...
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Nil Late Fee on GSTR-3B: System not Updated, Excess Amount would be re-credited soon

03 Oct

The Goods and Services Tax portal has today said that the system has not been updated according to the change in the late fee for the delay in GSTR-3B ...
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GSTN issues Advisory on Filing NIL Form GSTR-1 through SMS on GST Portal

03 Oct

The Goods and Services Tax Network ( GSTN ) has issued the advisory on filing NIL Form GSTR-1 through SMS on GST Portal. A taxpayer may now file NIL F ...
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June GST collections stand at Rs 90,917 crore

02 Oct

Goods and service tax (GST) collections for June 2020 clocked Rs 90,917 crore at gross levels, 9% lower than the same month last year.The collections ...
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Auto manufacturers demand reduction in GST from 28 to 18%

02 Oct

Worried over huge losses due to Covid-19, auto parts manufacturers in Ludhiana are demanding that Goods and Services Tax (GST) be reduced from 28% to ...
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GST 3.0 can prove to be a harbinger of growth and revival

01 Oct

Moving further towards a simplified and technology-enabled robust GST system is not only critical for sustainable growth but also imperative for ease ...
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As GST enters fourth year, biggest challenge would be to devise ways to compensate the states

01 Oct

GST faces its toughest test as it enters its fourth year. The upcoming challenge to GST, however, does not stem from its design or structure or the wa ...
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Central GST Revenue Drops 70% For March-April

01 Oct

The central government’s share in the goods and services tax collected in April and May fell to about a third of what it was a year earlier as the Cov ...
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Centre needs to borrow and make up for states’ GST losses

30 Oct

The central government has no other go, but to borrow from the market and make up for states’ Goods and Services Tax (GST) losses even though this obl ...
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Traders will be able to file GST Return through SMS

30 Oct

The government collects GST from everyone but sometimes we are not able to process GST returns, now taxpayer traders in Goods and Services Tax (GST) c ...
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Realty firms have time till Jun 30 to pay GST on shortfall in input procurement from dealers

29 Oct

Real estate companies that opted for lower GST rates of 1 per cent and 5 per cent from April 1, 2019, but could not procure 80 per cent of the total s ...
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CBIC further extends Time Limit for Completion or Compliance of any Action, till Aug 30, 2020

29 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Saturday notified the further extension of the limit for completion or compliance of any act ...
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GST Council borrowings for compensation needs to widen general govt debt

27 Oct

Any borrowing by the GST Council to make good the shortfall in revenue of states would add up to the debt of both the central and state governments, t ...
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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 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on 26-06-2020 issued the Corrigendum for the amended GST rates under GST Scheme and Waiver of l ...
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CBIC waives off late fee on late GST filing

26 Oct

The Central Board of Indirect Taxes and Customs (CBIC) has notified waiver of late fee, capping of late fee at Rs 500 in some cases, interest payable ...
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Karnataka taxmen detect 60 GST registrations linked to Chinese national

26 Oct

The Commercial Taxes Department has sealed off an undeclared warehouse with imported goods worth Rs 4 crore in Bengaluru with 60 GST registrations lin ...
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After paratha, ready-to-eat popcorn to attract 18% GST,

25 Oct

Ready-to-eat popcorn, which is typically associated with fun times, will fall under the 18% GST bracket, Authority for Advance Rulings (AAR) said in a ...
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GST Registration is required for Medical Stores run by Charitable Trust

25 Oct

The applicant, M/s Nagri Eye Research Foundation is a Charitable Trust and is running a medical store where medicines are given at a lower rate and th ...
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Companies facing cash crunch may have to reverse GST credit on delayed payments to vendors

24 Oct

Companies which have postponed vendor payments due to a liquidity crunch brought on by the Covid-19 crisis will have to face further working capital w ...
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No GST on Security Service and Supply of Manpower to Government Departments

24 Oct

The Authority consisting of Sanjay Saxena and Mohit Agarwal ruled that the applicant is eligible to claim exemption benefit under Sr. No.3 of Notifica ...
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28% of GST is applicable on Manufacturing of Change over Switch, Emulator, Timing Advance Processor, Pressure Gauge

23 Oct

The Gujarat Authority of Advance ruling (AAR) that the 28% (14% SGST and 14% CGST) of Goods and Service Tax (GST) is applicable to the manufacturing o ...
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Kerala becomes the first State to adopt second level verification for new GST registrations

23 Oct

In an effort to curb ‘benami’ businesses under the Goods and Services Tax (GST) regime, Kerala has become probably the first State to introduce second ...
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PPF, bank interest to be included for calculating GST registration threshold

23 Oct

An individual, not engaged in any business, had filed an application before the Gujarat bench of AAR asking whether interest received from the savings ...
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ITC cannot be availed on GST paid for hiring vehicles for employee transportation

22 Oct

Companies will not be able to claim an input tax credit (ITC) for GST paid on hiring commercial vehicles for transportation of employees, if providing ...
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Developed land sold as plots will attract GST

22 Oct

GST will be levied on the sale of land for which primary amenities - such as drainage, waterline, and electricity - have been provided by real estate ...
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Kerala to Conduct Verification in premises of Newly Registered Persons under Central Jurisdiction

22 Oct

The Commissioner of State Tax, Kerala issued circular empowering the enforcement squads to conduct verification in the business place of such new GST ...
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Supreme Court stays Delhi HC Judgment directing Dept to open GST TRAN-1 till 30th June 2020

20 Oct

The Supreme Court of India today stayed Delhi High Court Judgment directing GST Department to open the facility to file GST Tran-1 till 30th June 2020 ...
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Now pay GST on purchase of plots too

20 Oct

In what could lead to a major setback for the real estate sector, the Gujarat Advance Ruling Authority (AAR) has recently passed an order saying that ...
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18% GST applicable on Royalty Paid for Licensing Services for Right to Use Minerals including its Exploration and Evaluation

20 Oct

The Gujarat Authority of Advance Ruling (AAR) ruled that 18% of GST is applicable to the royalty paid for Licensing services for the right to use mine ...
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Interest on PPF, savings bank deposit to be included for calculating GST registration threshold

19 Oct

The value of exempted income, like interest on PPF, savings bank account and loans given to family/friends, will be included along with taxable suppli ...
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GST trouble for aviation, hospitality and travel companies

19 Oct

Several aviation, hospitality, and telecom companies are facing the dual burden of paying Goods and Services Tax (GST) dues in cash even as input tax ...
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Goods purchased, sold overseas liable to GST in India

19 Oct

The Gujarat Authority on Advance Rulings has said that goods and services tax (GST) will be payable on goods sold to an overseas customer shipped dire ...
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Indore-based businessman held for GST evasion worth Rs 233 crore

18 Oct

Indore-based businessman Kishore Wadhwani has been arrested by the regional unit of the Directorate of GST Intelligence for alleged evasion of GST to ...
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Coffee growers seek extension of loan moratorium, exemption of GST on inputs

18 Oct

The coffee growers and the coffee industry, which has financial loss estimated at ₹700 crore owing to lockdown due to COVID-19 pandemic, have demanded ...
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GST late fee waiver unfair, say those who have paid

17 Oct

GST council's decision to waive late fee for assesses who have not filed any of their GST returns from July 2017 till March 2020 has raised several ey ...
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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 Oct

The High Court of Delhi recently directed the GST Authority to open an online portal to enable Petitioner to file revised declaration TRAN-1 electro ...
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Officials push for hike in GST levies

16 Oct

It may not be politically palatable, but officials are pushing for quickly reworking GST slabs, along with a rise in levies, while correcting the inve ...
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Allow airlines to use GST credit on spares for economy-class operations, say experts

16 Oct

After failing to get any major stimulus for the airline sector, major domestic airlines want the Government to allow the GST credit on spares be used ...
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Lockdown delays new GST registrations

15 Oct

Businesses applying for goods and services tax (GST) registrations have faced delays of as many as 60 days during the lockdown period, compared to the ...
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CBIC clarifies on Ready-to-eat frozen parotas to attract 18% GST and 5% for plain parotas

15 Oct

The Central Board of Indirect Taxes and Customs (CBIC) in a series of tweets clarified on Friday that the Authority of Advance Ruling (AAR) has decide ...
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GST Council Meet: Relief for small taxpayers

13 Oct

The Goods and Services Tax Council on Friday decided to further ease compliance burden of businesses by providing relief on late free and interest pay ...
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GST Council halves interest on delayed filing of returns

13 Oct

In a relief to small taxpayers with turnover up to Rs 5 crore, the GST Council on Friday halved the interest on delayed filing of GST returns for Febr ...
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Parotas are not rotis and will attract a higher GST of 18%

13 Oct

A non-finicky eater couldn’t care less if he or she is having rotis or parotas for dinner. After all, they are both a kind of Indian bread, typically ...
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GST Council set to meet today, likely to debate cess shortfall

12 Oct

The shortfall in goods and services tax (GST) cess collection, used for compensating states for their revenue losses, and the proposed compliance reli ...
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Salaries paid to company directors not to attract GST

11 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday said GST will not be levied on salaries paid to directors who are employees of the ...
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CBIC extends Data of Transition under GST of Daman & Diu and Dadra & Nagar Haveli till July 31, 2020

11 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday extended data of transition under Goods and Service Tax (GST) of Daman & Diu &am ...
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CBIC extends the validity of E-Way Bill till June 30, 2020

11 Oct

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday extended the validity of Electronic Way (E-way) (E-way) bills till June 30, 2020, fo ...
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GST Council urged to levy COVID19 cess on tobacco products, to generate Rs 50,000 crore

10 Oct

Public health groups along with doctors and economists have urged the GST Council to levy a special COVID19 cess on tobacco products to raise the reve ...
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Telangana AAR rules Applicability of GST on Ice Cream, Allied Products and Milk Shakes

10 Oct

The Authority of Advance ruling (AAR) ruled on the applicability of Goods and Service Tax (GST) on ice cream, allied products, and milkshakes. The app ...
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Centre Allows Filing Of SMS-Based Nil GST Return, To Benefit 22 Lakh Taxpayers

09 Oct

The government allowed the filing of nil monthly returns of goods and services tax (GST) through an SMS-based facility, in a bid to facilitate the tax ...
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Government rolls out faceless customs assessment

09 Oct

The new procedure called ‘turant customs’ seeks to offer quick clearance of imports after a remote and faceless assessment by officials located outsid ...
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GST reduction, scrappage policy to help revive CV industry: Ashok Leyland

08 Oct

Reduction in GST rate and introduction of scrappage policy would help in reviving the commercial vehicle sector which has been facing headwinds for qu ...
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18% GST applicable on Leased Premises for Cold Storage purpose of Agriculture Produce on Leasing Charges

08 Oct

The authority consists of Additional Commissioner of State Tax J. Laxminarayana and Joint Commissioner of Central Tax B. Raghukiran ruled that 18% of ...
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GST Council to meet on June 12

06 Oct

The GST Council is scheduled to meet on June 12 and likely to discuss the impact of the COVID-19 pandemic on tax revenues, sources said. The 40th meet ...
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GST collections for business activities in April drop to Rs 43,000 crore

06 Oct

As business activities came to a virtual standstill mode during the month of April owing to the COVID-19 pandemic-led lockdown, the goods and services ...
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Centre releases Rs 36,400-crore GST compensation to states

05 Oct

Ahead of the Goods and Services Tax (GST) Council meeting next week, the Centre on Thursday released compensation worth Rs 36,400 crore to states for ...
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Rohtak records 67 per cent fall in GST collection

05 Oct

The lockdown has taken a toll on the collection of the Good and Service Tax (GST) with the district witnessing more than 67 per cent fall in tax colle ...
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GST NAA finds Philips India guilty of profiteering Rs 4.53 lakh

04 Oct

The GST anti-profiteering authority has found Philips India guilty of not passing on GST rate cut benefit of more than Rs 4.53 lakh to consumers.The a ...
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GST blow to agriculture-based horse racing industry in Bengaluru

04 Oct

The crippling burden of tax has eaten into the reserves of turf clubs, leaving them with few options to shore up their fortunes and raising the prospe ...
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GST Council to discuss waiver of late fee for August 2017 to January 2020

02 Oct

The GST Council in its next meeting will discuss waiver of late fee for non-filing of GST returns for August 2017 to January 2020 period.In a tweet, t ...
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GSTN enables registration functionality for companies under IBC

02 Oct

The Goods and Services Tax Network (GSTN) on Sunday announced a new registration functionality for erstwhile registered entities who are now corporate ...
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Large companies fear losing out on GST credit if vendors, suppliers go bankrupt due to Covid crisis

01 Oct

With many small and medium enterprises staring at bankruptcy or severe business disruption due to the Covid-19 crisis, large companies that buy raw ma ...
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GST Council Meeting Likely to be Held on June 14 Via Video Conferencing

01 Oct

Amid pressure on tax collection, the all-powerful GST Council meeting is likely to be held on June 14, the first such meeting after the outbreak of CO ...
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Central GST collection falls 87% in April amid lockdown

01 Oct

Central goods and services tax (CGST) collection stood at Rs 5,934 crore in April, a fall of 87 per cent compared with the Rs 46,848 crore collected i ...
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Finance ministry not in favour of raising GST rates on non-essential items

30 Oct

The finance ministry is not in favour of raising Goods and Services Tax (GST) rates even on non-essential items at a time its revenue collections are ...
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A body supporting farmers urged the Centre to cut cigarette taxes to pre-GST levels

30 Oct

A body supporting farmers on Friday urged the Centre to be mindful of the financial distress of tobacco farmers amid the COVID pandemic and to reduce ...
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Supply services of Food and Drinks to Educational Institutions exempted from GST

29 Oct

The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the supply of services made by the applicant in the form ...
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CBIC enables Facility for Registration of Insolvency Resolution Professionals on GST Portal

29 Oct

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the facility for registration of Insolvency Resolution Professionals/ Resolution ...
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18% GST applicable on Works Contract for NCBS

29 Oct

The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the work contract service provided by the applicant to th ...
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28% GST is applicable on Retrofitted Vehicle

28 Oct

The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the retrofitted vehicle merits classification under headi ...
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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 Oct

The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that in the case of manufacture of Die by the applicant and in ...
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Consumer companies seek GST cut to help push sales

27 Oct

Consumer-facing companies including makers of biscuits, ayurveda products, soaps and shampoos have asked the government to reduce the goods and servic ...
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CBIC clears Rs 11,052 cr GST refund claims since April 8

27 Oct

The Central Board of Indirect Taxes ( CBIC) on Monday said it has sanctioned GST refund claims worth Rs 11,052 crore in 47 days. In a tweet, the CBIC ...
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Tamil Nadu extends dates for GST compliances

26 Oct

The state government has promulgated the Tamil Nadu Goods and Services Tax (Amendment) Ordinance, 2020 on Friday to amend the Tamil Nadu Goods and Ser ...
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Finance Ministry has clarified on no plans to impose Covid cess on GST

25 Oct

The finance ministry has no plans to impose a calamity cess on the goods and services tax (GST) to raise resources for dealing with the Covid-19 pande ...
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India rules out GST waiver for businesses to fight virus woes

25 Oct

India’s Finance Ministry has ruled out GST waiver or deference to businesses as part of the economic relief package to help them cope with the situati ...
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Calamity cess on GST: plan on Govt table to tide over Covid crisis

23 Oct

In line with the disaster relief cess introduced in Kerala last year following the monsoon floods of 2018, the central government is considering a cal ...
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Maharashtra Govt. issues Clarification for Speedy Refund, Relaxes Monetary Limit for ‘approval’

23 Oct

The Government of Maharashtra issued the circular clarifying the procedure to be followed for approval of the speedy Goods and Service Tax (GST) refun ...
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Whatsapp allowed for GST, excise related virtual hearings

22 Oct

Virtual hearing of all demand notices relating to indirect taxes including goods and services tax (GST) can be done through Whatsapp, authorities in T ...
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Centre gives Rs 15,340 crore as GST compensation to states

22 Oct

The Centre has released 15,340 crore to states as GST compensation despite insignificant tax collection due to relief provided in terms of filing of r ...
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GST Analytics wing to identify risky suppliers to exporters