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GST law panel working on definitions of games of skill, chance

07 Jan

Centre and state GST officers are working with online gaming sector experts to define 'games of skill' and 'games of chance' with a view to design d ...

12 nabbed over fake GST scam in Surat

07 Jan

Surat Economic Offences (EO) cell Friday nabbed 12 persons from Surat, Bhavnagar, Ahmedabad, Rajkot, Junagadh and Amroli for allegedly availing Inpu ...

GST slabs rejig unlikely before 2024 general elections

28 Jan

With inflation likely to remain elevated for a longer period and key state elections due in 2023, the Narendra Modi 2.0 government may choose not to ...

Fly ash brick entrepreneurs in Andhra Pradesh seek clarity from Union Finance Minister on decision to reduce GST

28 Jan

There is distortion between the decision taken on fly ash bricks and blocks at the 47th GST Council Meeting held in June this year and the subsequen ...

Weavers want PM to roll back GST on handlooms

28 Jan

Weavers from the State have asked the Union government to withdraw the GST levied on handloom products as it has been affecting their business drastic ...

GST Council To Meet Before Mid-November

20 Jan

The GST Council is likely to meet in the first half of November to discuss the reports of the panel of ministers on setting up GST appellate tribunal ...

One arrested for Rs. 31-crore GST credit fraud in Chennai

20 Jan

GST and Central Excise Department, Chennai Outer Commissionerate, has arrested one person for alleged GST credit fraud of about Rs. 31 crore. Accordin ...

CAG compliance audit report points to lapses in revenue collection

20 Jan

The compliance audit (Revenue) report of the Comptroller and Auditor General of India (CAG) for the year, ending March 31, 2020, which was tabled in t ...

One-time offer to settle minor GST offences for businesses to settle tax cases

19 Jan

The government is considering a Goods and Services Tax (GST) dispute settlement scheme offering a one-time opportunity for businesses to settle tax ca ...

Delay in GST Council meeting may hit reforms

19 Jan

It is almost four months since last meeting took place but there is still no indication about when the next meeting will happen. Technically, the meet ...

Bogus billing scam: Gujarat GST department nabs ‘mastermind’, recovers Rs 60 cr

19 Jan

The Gujarat Goods and Service Tax (GST) department arrested one person from Bhavnagar who it claimed to be the “mastermind” in a bogus billing scam wo ...

Big States recorded high double-digit growth in GST revenue in July-September

04 Jan

Big States such as Maharashtra, Gujarat, and Karnataka have recorded double digit growth in GST revenue during the first three months after the end of ...

Chhattisgarh’s chief minister writes to 17 states to ask the centre to extend the GST compensation system for five years

04 Jan

Chhattisgarh Chief Minister Bhupesh Baghel has written a letter to his opposite numbers in 17 different states, along with 5 dominated with the aid of ...

Govt extends concessional custom duty on edible oil import till March 2023

04 Jan

With an aim to boost domestic supply and containing prices of edible oil, The Central Board of Indirect Taxes and Customs (CBIC) has extended existing ...

Last date for GST Input Tax Credit extended; businesses can now claim ITC for 2021-2022

30 Jan

Businesses can now claim input tax credits (ITC) for 2021-22 and correct any errors in outward supplies data up to November 30.Govt made an amendmen ...

GST investigation wing finds fraud of Rs 824 crore

30 Jan

The Mumbai unit of Directorate General of GST Intelligence (DGGI) is investigating 15 insurance companies, including ICICI Prudential Life Insurance ...

GST Not Payable on Renting Of a Residential Dwelling for Personal Use: Delhi High Court

30 Jan

The Delhi High Court has held that Goods and Service Tax is not payable on renting a residential dwelling for personal use. The division bench of ...

September GST mop-up seen at Rs 1.45 trillion

29 Jan

Goods and services tax (GST) collections in September are likely to be about Rs 1.45 trillion, a senior official told, adding that the monthly avera ...

Certain GST offences to be decriminalised and compounding charges to be lowered

29 Jan

Aiming to provide friendly taxpayer services, the Centre is working on decriminalising certain offences under the goods and services tax (GST) by ra ...

GoM on GST issues of Real Estate reconstituted for second time in 3 years

29 Jan

After over three years of existence, a Group of Ministers (GoM) for GST on real estate has yet again got another set of members, including the conve ...

Karnataka HC seeks DGGI response on Gameskraft notice

28 Jan

The Karnataka High Court has set 11 October as the date for the next hearing in the case of Directorate General of GST Intelligence (DGGI) vs Gameskra ...

J&K and central GST officers chalk out strategy to counter tax evasions

28 Jan

Officials of the Jammu and Kashmir administration held a coordination meeting the GST officials of the central government for the first time to discus ...

Transport Minister recommended lower GST on cars who opted scrapping policy.

16 Jan

Transport and highways minister pitched for discounts of up to Rs 1 lakh for car buyers who opted for scrapping their old vehicles, while promising to ...

CBIC developed system for online monitoring of GST audits.

16 Jan

The CBIC has developed a system for online monitoring of GST audits initiated by tax officials across the country for effective oversight of the audit ...

Travel Agent Association of India sought for refund of excess GST charged on air ticket cancellations and changes by airlines.

16 Jan

Seeking remedy on undue practices on refunds, the Travel Agents Association of India (TAAI) has reached out to airlines seeking clarifications on ...

Tamil Nadu GST Deptt. Prescribed Manner of Re-credit of Amount in E-Credit Ledger.

15 Jan

The Tamil Nadu GST Department has notified the procedure for re-crediting the amount in the electronic credit ledger using FORM GST PMT-03A.If the ref ...

Revenue Secretary to GST Officers: Aim for steady GST collections of over Rs 1.5 trillion/month.

15 Jan

Union revenue secretary nudged the indirect tax officers to try and garner about Rs 1.5 trillion as monthly GST collection from October onwards by ens ...

CGST Bhiwandi team arrested a person for availing ITC on bogus invoices.

15 Jan

CGST Bhiwandi officers in the Mumbai zone have booked a company for fraudulently availing ITC on bogus invoices. A partner of the company was also arr ...

CBIC should study data, use AI, Internet of Things (IoT) to plug leakage: FM

15 Jan

Finance minister has asked the CBIC to use artificial intelligence, data analytics and internet of things (IoT) to identify leakages arising from frau ...

Delhi: GST collection registered incremental growth in FY 22-23 first quarter.

14 Jan

Delhi's GST collection has registered an incremental rise in the first quarter of the financial year 2022-23, standing at Rs 4,349 crore in August. Th ...

Punjab Vigilance Bureau arrested 6 passers, mediators accused in GST scam.

14 Jan

The Punjab Vigilance Bureau during its campaign against corruption arrested six Passers/Mediators accused in the GST scam. These private persons were ...

SC ask the Centre to file its response for constitution of GST-AT.

13 Jan

The Supreme Court asked the Centre to file its response on a batch of pleas seeking directions for constituting the GST Appellate Tribunal on utmost p ...

Brick kiln owner suspended sales till 17th due to high rate of GST and Raw Material.

13 Jan

In a big decision taken by the brick kiln owners as part of their ongoing protest against the CG, they have decided to halt the sale of bricks for six ...

Indore: Daal Millers urged FM to abolish GST on by-products of pulses.

13 Jan

Daal millers of the country have urged Union finance minister to abolish 5% GST on by-products of pulses like broken pieces of daal and its husk. A de ...

Pre-GST credit claim of VAT & Excise will start from 1st October.

12 Jan

Businesses are set to get credits for taxes paid in the pre-GST era worth about Rs. 400 crore, with the government set to open a special window for bu ...

A man was arrested for fake ITC of Rs. 23 Cr. in Mumbai.

12 Jan

A man was arrested in Mumbai for allegedly creating a web of 36 fake GST firms through which he generated fake invoices of Rs. 132 crore and availed o ...

GST evasion, ITC misuse over Rs 5 crore may face prosecution

03 Jan

Prosecution can be launched against offenders in cases where the amount of evasion or misuse of input tax credit (ITC) is more than Rs 5 crore under t ...

GST collection to remain robust due to festive season; buoyancy may absorb external shock

03 Jan

Robust GST revenue in August of over 1.4 lakh crore for the sixth month in a row shows that inflation has had a limited impact on the Indian economy, ...

Punjab FM assures cycle makers to raise tax discount issue at GST Council

03 Jan

The Finance Minister of Punjab, Harpal Singh Cheema promised that he will advocate for the bicycle industry’s request to have the GST reduced to 5% wi ...

Custom seized foreign cigarettes worth Rs 8 Cr. in Vijayawada.

31 Jan

Sleuths of Customs Commissionerate (Preventive), Vijayawada, seized concealed foreign brand cigarettes worth Rs eight crore in a container truck. K. E ...

Telangana HC: Investigation Post Filing Application Would Not Debar Applicant from Seeking Advance Ruling.

31 Jan

The Telangana HC has held that the investigation post-filing of the application would not debar the applicant from seeking an advance ruling. The divi ...

EY suggested to include petroleum products, electricity, and real estate in GST.

31 Jan

Inclusion of petroleum products, electricity and real estate within the ambit of GST will make Indian manufacturing sector more competitive, according ...

Allahabad High Court Imposes Cost Of Rs. 50000 For Arbitrary Cancellation of GST Registration

22 Jan

The Allahabad High Court has imposed a cost of Rs. 50,000 for the arbitrary cancellation of GST registration. The single bench of Justice Pankaj Bha ...

Report on GST appellate tribunals ready, may be submitted to GST Council next week

22 Jan

A Group of Ministers (GoM) headed by Haryana Deputy Chief Minister Dushyant Chautala has recommended empowering states to relax the experience crite ...

Scrap GST on unbranded food items, Ashok Gehlot writes to Nirmala Sitharaman

22 Jan

Rajasthan Chief Minister Ashok Gehlot has urged Finance Minister Nirmala Sitharaman to reconsider the move to levy GST on unbranded and pre-packed f ...

Organizers want state government to reconsider GST on garba venues

04 Jan

Swinging to garba tunes has become expensive this year. The government has imposed goods and services tax (GST) on the Navratri venues that charge e ...

GST Council must tell states to implement document identification number for transparency: SC

04 Jan

To bring transparency and check harassment to honest taxpayers, the Supreme Court has asked the GST Council to recommend or issue advisory or instru ...

Companies to use stickers indicating revised price in GST on unsold pre-packaged goods

04 Jan

The Government has permitted companies, after the change of GST, to indicate revised retail price via a stamp or sticker on unsold packaged goods ti ...

No GST on chequebooks for customers, finance minister

03 Jan

Finance minister Nirmala Sitharaman said there is no GST on chequebooks for bank customers, as she tried to clear "misinformation" over issues related ...

GoM mulling to scrap 12% slab under GST, says accounts for only 8% of total tax revenues

03 Jan

A group of ministers (GoM), authorised to examine rate rationalisation by the all-powerful Goods and Services Tax Council, is reportedly considering ...

Rollback decision to impose GST on Golden Temple ‘serais’: CM

03 Jan

Chief minister Bhagwant Mann demanded immediate rollback of the Centre’s decision to levy good and services tax (GST) on ‘serais’ (inns) in the vici ...

Apple growers in Himachal Pradesh to get 6% GST subsidy on boxes, trays

01 Jan

Before a proposed protest demonstration of apple growers in Shimla on August 5, the Himachal government has decided that a subsidy of 6 per cent on ...

Kerala to avoid implementation of GST on 13 food products: Minister

01 Jan

The Kerala government has decided to avoid the GST implementation on 13 food products, state food minister GR Anil clarified while urging the Centre ...

FAITH suggests 5 measures to GST Fitment Committee for tourism GST rationalisation

01 Jan

Federation of Associations in Indian Tourism and Hospitality, FAITH, the policy federation of all the ten national associations representing the com ...

SIDBI to launch invoice-based financing app GST Sahay for MSMEs, opens it to banks and NBFCs

30 Jan

Small Industries Development Bank of India (SIDBI), the leading financial institution for the MSME sector, has invited banks and NBFCs to test its inv ...

Demo against GST for essentials

30 Jan

The CPI (M) cadre staged demonstration in protest against the 5% Goods and Service Tax slapped on essential commodities including rice, wheat and curd ...

Gujarat HC directs GST refund on ocean freight

30 Jan

The Gujarat High Court (HC) has provided relief to importers by directing the Centre to refund the Goods and Services Tax (GST) paid on ocean freight ...

Hotel association asks for GST rationalisation

29 Jan

The Federation of Associations in Indian Tourism & Hospitality (FAITH), a policy federation of all ten associations representing tourism, travel a ...

No GST exemption available on renting of land for fish farming

29 Jan

The GST-Authority for Advance Rulings, Andhra Pradesh, in the case of Sri Vinayaka Hatcheries has held that renting of land for the purpose of fish fa ...

Committee on GST tribunal to meet on Aug 17

29 Jan

The Group of Ministers (GoM), headed by Haryana Deputy Chief Minister Dushyant Chautala, will meet on August 17 again to finalise its recommendations ...

Day after Kerala Chief Minister Pinarayi’s GST relief, Finance Minister Balagopal says conditions apply

28 Jan

A day after Chief Minister Pinarayi Vijayan announced that the state government will not implement the new 5 per cent GST on select food items, Financ ...

Withdraw GST on milk products, implement Fair & Remunerative Price (FRP) for milk: Dairy Farmers Federation of India (DFFI)

28 Jan

Dairy farmers from States such as Haryana, Rajasthan, Uttar Pradesh and Kerala, held protests here, urging the Centre to revoke the decision to impose ...

Cabinet nod for revamping Kerala GST department

28 Jan

The Cabinet gave the nod for restructuring the State Goods and Services Tax (GST) department. Finance Minister K. N. Balagopal said the reforms will b ...

FM Said: No Proposal Received for Relaxing E-Invoicing Under GST.

27 Jan

India has no proposal to relax the mandatory provisions of e-invoicing under the GST, according to a parliamentary response by the finance minister. ...

Online gaming industry awaits final decision on Good and Service Tax

27 Jan

After the two-day GST council meeting held on July 23 to 24 at Bengaluru, the GST Council's Group of Ministers (GoM) discussed the tax rates levied ...

Kerala Finance Minister K N Balagopal says state staring at financial crisis due to reduced GST funds

27 Jan

Kerala state Finance Minister K N Balagopal has written to Union Finance Minister Nirmala Sitharaman claiming that the state is undergoing a financi ...

Exporters said: Expedite refunds policy will certainly help if implemented properly.

05 Jan

A raft of changes announced by the GST Council last week, including the one to expedite refunds to those categorized as “risky exporters”, will certai ...

Government is considering only 3 slabs of GST rates.

05 Jan

With the GST slab rejig on the cards, revenue secretary said the government may continue with the highest GST slab of 28% on luxury/sin goods while ex ...

Confederation of All India Traders (CAIT): GST on pre-packed labelled food items will increase traders’ compliance burden and prices.

05 Jan

Traders’ body Confederation of All India Traders (CAIT) said that the decision to levy five per cent GST on pre-packed and labelled food items will ca ...

JSW Steel paid highest GST in Karnataka in 2021-22.

04 Jan

JSW Steel Ltd, a multinational steel manufacturing company based in Mumbai, has turned the highest GST contributor in Karnataka for the financial year ...

Tamil Nadu Chamber of Commerce to SG: Don't accept Centre's GST hike on food products.

04 Jan

The Tamil Nadu Chamber of Commerce has urged the SG not to accept the GST hike on essential food products, stating that the price hike has affected th ...

Group of ministers reviewing GST slabs are unlikely to offer any concessions to online gaming, casinos etc.

04 Jan

The group of ministers (GoM) reviewing the GST slabs for online gaming, horse racing and casinos is unlikely to tweak the 28% rate recommended for the ...

GST on curd, buttermilk feared farmers and milk cooperatives for price hike.

04 Jan

The decision of the GST Council in its 47th Meeting held last week in Chandigarh to impose 5% GST on dairy items like “pre- packed, pre-labelled curd, ...

CBIC has prescribed detailed procedure for GST refund.

27 Jan

The CBIC has prescribed the detailed procedure to be followed by GST department from June 14 for sanctioning of refund and further prescribed procedur ...

Group of ministers suggested for verification plan for high-risk taxpayers under GST.

27 Jan

Verification after registration for high-risk taxpayers under GST, along with use of geo-tagging and physical verification, are some of the measures s ...

Levy of GST Compensation Cess is extended upto March 2026, state will get nothing.

27 Jan

Those who buy cars, caffeinated drinks and tobacco will continue to pay GST until March 2026, according to a government decree on Saturday extending t ...

GST rates may be increased on water pumps, room rents in hospitals above Rs. 5000.

27 Jan

The tax burden could increase on items like water pumps, dairy machinery, leather products and solar water pumps, and services like hospital rooms wit ...

GST Council may enable revision of GSTR-3B in next meeting.

25 Jan

The GST Council in its meeting next week is likely to consider a proposal to make changes in the monthly tax payment form GSTR-3B, which would include ...

GST Council likely to exempt small online traders from registration requirement.

25 Jan

To encourage online retail, the GST Council is likely to exempt small entities making supplies through e-commerce from mandatory registration requirem ...

GST Deptt. May Soon Clarify Exemptions to IVF and taxation on honorarium to anchors.

25 Jan

The GST department may soon issue clarifications on certain vexed issues in tax rates, including exemptions to assisted reproductive technology (ART) ...

GST council to consider making e-way bill mandatory for gold, precious stones for intra-state movement.

24 Jan

The GST Council is likely to consider making an e-way bill mandatory for intra-state movement of gold or precious stones worth Rs 2 lakh and above and ...

GST Council likely to take up taxation of perquisites, interest computation on delayed payment.

24 Jan

The GST Council is likely to clear the air on perquisites taxation and interest calculation for delayed payment of tax, among others, in its meeting s ...

Survey Report: majority of Indians agreed with higher GST on e-games, crypto, casino and horse races.

23 Jan

A majority of Indians want the government to levy 28% or higher GST on cryptocurrencies, online gaming, casino and horse racing. But they are against ...

GST Council to consider lower tax on ostomy and orthopedic items.

23 Jan

The fitment committee of the GST Council has suggested a cut in the tax rate on ostomy appliances from 12% to 5% and a uniform tax of 5% on orthopedic ...

Directorate of Revenue Intelligence and Custom department destroyed 44,000 kilogram of narcotic substances.

23 Jan

The Finance Minister, virtually witnessed destruction of 44,000 kilogram of drugs incinerated simultaneously at 14 locations by the Customs and Direct ...

Despite high inflation, no major rate cut on GST Council agenda.

22 Jan

Despite high inflation, the upcoming meeting of the GST Council is unlikely to cut rates on major consumer products like air-conditioners, electronic ...

Group of ministers proposed removal of many GST exemptions.

22 Jan

A group of ministers reviewing GST rates has proposed removal of exemptions on a host of services, including for stay in relatively cheaper hotel room ...

India, EU trade agreement will provide greater market for several domestic sectors.

22 Jan

The proposed free trade agreement with the EU, when implemented, will provide greater market access for several domestic sectors such as textiles, lea ...

Madras HC opined: Foreigners Wearing Gold or Silver Jewellery Worth Over ₹50,000 Must Declare to Customs.

21 Jan

The Madras HC recently upheld the order of the Principal Commissioner (Revision Application) opined that the law was unambiguous in this regard. Thoug ...

Rajasthan AAR: No GST Payable for Movement of Goods Between two Units Under Same GSTIN.

21 Jan

The AAR observed that since the applicant would have a single GST No. for both the units, then as per section 16(1) of the CGST Act, 2017, there would ...

Uttarakhand AAR: No GST Payable on Work Of 'Shaheed Dwar' At Banjarawala, Dehradun.

21 Jan

The AAR found that the words in the letters of the Secretary, Uttarakhand Government and Department of Empowerment of Persons with Disabilities (Divya ...

Benefits of the UAE-India free trade deal reviewed by Dubai Customs.

21 Jan

The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India will help reduce tariffs and facilitate trade between the two countr ...

CBIC urged taxpayers to file GST returns by due date.

20 Jan

CBIC has urged tax payers to file their monthly GST returns for May by 20 June as delay would lead to late fee and interest liability. The tax authori ...

Hyderabad Consumer Disputes Redressal Commission has ordered Swiggy to pay Rs. 2,000 in compensation for charging Rs. 3 extra GST.

20 Jan

An extra GST of Rs. 3 charged on biryani cost Swiggy and a restaurant dearly. Following a complaint, the Hyderabad District Consumer Disputes Redressa ...

The Confederation of All India Traders (CAIT) pitched for GST rates rationalization, review of Act and rules.

20 Jan

The Confederation of All India Traders (CAIT) has appreciated the rationalization exercise of GST rates by the GST Council and has urged Union Finance ...

GST panel for review of slab rate structure draw up interim report, seek tenure extension.

18 Jan

The Group of Ministers (GoM), constituted to review the current rate slab structure under the GST regime, will prepare an interim report and will seek ...

Group of ministers reviewing GST rates has decided that Unregistered food brands will also taxed at 5% GST.

18 Jan

A group of ministers reviewing the GST rates has decided to remove exemption for packaged food items, if sold under unregistered brands. These ite ...

Next meeting of GST Council will be held in Srinagar on June 28 and 29.

17 Jan

The 47th meeting of the GST Council will be held in Srinagar on June 28 and 29, union FM said. The meeting was originally scheduled for April, but due ...

Parliamentary panel said: Extend GST Composition Scheme to e-sellers.

17 Jan

A Parliamentary committee report on the promotion and regulation of e-commerce in India has opined multiple steps for the government to be taken to bo ...

Maharashtra AAR held that Voluntary payments made by members to housing societies will attract GST.

15 Jan

Maharashtra AAR ruling has said that any voluntary payment made to a housing society by a member or a resident should attract GST. The ruling in the m ...

MP CM said: Increase in GST revenue must for progress of the states.

15 Jan

MP Chief minister said that it is necessary to increase the GST revenue in order to make the state progress rapidly. For this, the high-power committe ...

CBIC chief said that GST council will decide on compensation cess.

13 Jan

The GST council will take a decision on the demand by Goa and other smaller states on continuing with compensation cess, CBIC chairman said. The Union ...

GST council should consider bringing petroleum products under GST: CBIC chief.

13 Jan

The Union government has estimated the monthly GST collection at over Rs 1.2 lakh crore, said CBIC chairman. He added that there’s a need for the GST ...

Drones, GST numbers etc. are to be used to find tax defaulters (Property Tax) in Bengaluru.

11 Jan

Bruhat Bengaluru Mahanagara Palike (BBMP) Chief Commissioner said that all methods are being adopted to bring defaulters into the tax ambit. He said d ...

Tax consultants in Indore Demanded to set up bench of GST Appellate Tribunal in the state.

11 Jan

The tax consultants have demanded that a bench of the GST appellate tribunal should be constituted in the state. As per the provisions of GST Law the ...

CGST Mumbai Team arrested a sales executive in a fraud case of 7cr related to fraudulent claim of ITC.

11 Jan

The CGST department has arrested a sales executive of a metal company for alleged fraudulent claim of ITC of Rs 7 crore. The CGST Mumbai Central unit ...

GST law committee in dilemma over classifying cryptocurrency.

10 Jan

Months after levying taxes on income from virtual currency, the government is mulling over the applicability of the GST on cryptocurrency to bring mor ...

GST to help revenue boost beyond budget estimate: Revenue Secretary.

10 Jan

Even as the government takes a hit on revenue due to the recent excise and custom duty cuts on fuel and certain commodities, going by the preliminary ...

Gujarat HC quashed non-speaking and vague GST cancellation order.

10 Jan

The Gujarat HC bench has quashed the GST cancellation order as it was non-speaking and vague. The court remitted the matter to the respondent/departme ...

Centre working on GST dispute resolution system.

07 Jan

The finance ministry is working on a detailed mechanism that can resolve GST disputes raised by states while avoiding distortions in the tax regime. T ...

CBI arrested three superintendents of GST & Customs in Bengaluru.

07 Jan

The CBI arrested two superintendents of GST and one superintendent of Customs in alleged cases of bribery. “Searches were conducted on the premises of ...

Maharashtra AAR held that Rental/Lease income from ‘residential’ property is exempt from GST.

07 Jan

Rent or leave and license fees received by an owner of a residential flat, even if such flat has been let out to corporate entities for the use of its ...

Over 3.2 lakh dealers in Tamil Nadu did not pay a single rupee as GST last year.

06 Jan

Around 30% of the dealers registered with Tamil Nadu’s Commercial Taxes Department (approx. 3.26 lakh) did not pay a single rupee as GST during 2021-2 ...

Amnesty scheme: Kerala GST dept invited applications.

06 Jan

The State GST Department has invited applications from traders to avail of the amnesty scheme announced in the state budget 2022. Applications can be ...

Group of ministers on GST slabs recast got six more months to submit report.

04 Jan

A group of ministers headed by Karnataka CM will get another six months to submit its report on restructuring of GST slabs. “This (rate rejig) is a co ...

As GST Compensation Period Nears End, SC Ruling Reignited Centre-State Tax Chasm

04 Jan

The end of this month marked the end of the contentious five-year period for GST compensation to states from the Centre. With that, several state gove ...

Maharashtra AAR held: No GST on school fees which covers cost of paper, milk, biscuits etc. supplied by schools.

03 Jan

The Maharashtra bench of the Authority for Advance Rulings (AAR) has held recently that when food items are supplied to school kids, and their ...

Centre still owe Maharashtra Rs.15,052 crore in GST compensation

03 Jan

Maharashtra deputy CM said they were yet to receive Rs. 15,502 crore in the GST compensation from the CG. Pawar, who also holds the finance portfolio, ...

UP topped in GST registrations; small businesses dominate.

28 Jan

UP is the largest number of businesses in the country registered for paying GST, with small businesses accounting for the chunk. This makes the most p ...

Govt waived late fee for delayed GST filing under composition scheme.

28 Jan

The government waived late fees for small taxpayers registered under the composition system for the financial year 2021-22 for a period of two months, ...

GST officials can’t force recovery during searches.

28 Jan

Tax authorities will now face action if a taxpayer makes voluntary payment of tax during a search. In a move aimed at curbing instances of use of forc ...

AAAR Said: Exams are the essential component of education, boards conducting it to get GST exemption.

28 Jan

Examination can be considered an essential component of education, so State Boards are eligible for exemption from levy of GST, Gujarat Appellate Auth ...

May GST collection likely to be at Rs 1.4 lakh crore.

28 Jan

GST revenues in May are likely to be at Rs. 1.4 lakh crore. GST revenue in April was at record high of Rs. 1.67 lakh crore. GST revenue in May last ye ...

Punjab State GST teams conducted 7 inspections, seized records.

28 Jan

In a big operation against tax evasion, the State GST’s (SGST) Ludhiana teams of different ranges conducted seven inspections at various places in the ...

India put GST rate tweaks on hold till it has a grip on inflation.

26 Jan

The GST rate rationalisation exercise is likely to be delayed because of inflationary pressure and geopolitical tensions. The government will stick to ...

Gaming industry said: GoM’s proposal of 28% GST will thrive the Black market and FDI will also be hit.

26 Jan

A higher tax slab for online gaming will not only lead to proliferation of a parallel black market but also act as a major barrier when it comes to at ...

GST Deptt. raid across 22 locations of gutkha distributors in Agra.

26 Jan

Teams of GST department conducted raid at the same time across 22 locations of gutkha distributors and manufacturers in Agra. Some major names include ...

Sweet makers of Bengal urged to waive GST.

25 Jan

Sweet manufacturers across the state have revived their demand for waiver of GST on boiled sweets like Rasogolla that are exclusive to Bengal so that ...

Kerala state GST Deptt. registered 17,262 tax evasion cases, collected Rs 79 crore as tax, fine.

25 Jan

The Kerala state GST department booked 17,262 cases of tax evasion in 2021-22. A sum of Rs. 79.48 crore was collected as tax and fine from these cases ...

States seek legal views on SC ruling before GST Council meet.

25 Jan

Some states are taking a legal view on the state GST rate and the compensation rules ahead of the GST Council meeting, which is likely to be held in m ...

GST rate revision may get delayed due to slow economic growth, inflation etc.

24 Jan

The plan to rationalize GST rates to boost revenue collection for CG and SG may get delayed because of the sudden deterioration in macroeconomic condi ...

FM held discussions with ICAI delegation on fraudulent GST refunds, other issues: CBIC

24 Jan

Amid some chartered accountants coming under the scanner for alleged fraudulent GST refunds, Finance Minister Nirmala Sitharaman held discussions with ...

Bring petroleum products under GST: AAP to CG

24 Jan

The Aam Aadmi Party appealed to the CG to bring petroleum products under the GST or cut oil prices further to give relief to common people. AAP’ state ...

GST on online games likely to be 28% soon.

19 Jan

A group of ministers (setup by GST Council) has found merit in imposing 28% GST on online gaming to bring it at par with levies on casinos, race cours ...

Two arrested by GST Deptt. in separate cases.

19 Jan

The GST department arrested one person in connection to an alleged scam of about Rs 88 crore. Shashank Vaidya, the accused, has been remanded ...

SC Said: GST council recommendations not binding on centre, states.

19 Jan

The SC on Thursday held that the recommendations of the GST Council are not binding on the Union and state governments, said the Parliament intended t ...

Government extended April GST payment deadline till May 24

18 Jan

As taxpayers faced technical glitches on the GST portal, the government extended the due date for April tax payment till May 24 and has directed Infos ...

Proposal of GST levy based on installed capacity on pan masala, gutkha etc. may be dropped.

18 Jan

A plan to levy GST on pan masala and gutkha on the basis of installed manufacturing capacity may be dropped due to the difficulties in administeri ...

Applicability of GST On Royalty On Mining: Allahabad HC directed assessee to reply to SCN

18 Jan

The Allahabad HC bench of Justice Devendra Kumar Upadhyaya and Justice Brij Raj Singh, while dealing with the issue of the applicability ...

The Internet and Mobile Association of India urged GST council to keep 18% tax on online gaming.

17 Jan

The Internet and Mobile Association of India (IAMAI) urged the GST Council to continue maintaining the GST on online gaming at 18 per cent and any fur ...

Maharashtra, UP top in GST registrations.

17 Jan

Maharashtra and Uttar Pradesh have topped in Goods and Services Tax (GST) registrations by businesses and dealers followed by Gujarat and Tamil Nadu, ...

Tea planters request Union Govt to bring natural gas under GST.

17 Jan

The Chairman NETA stated, “It has been observed that during the last ten months, i.e. from July, 2021 to April, 2022 the price of Natural Gas has rise ...

Extend period of GST compensation by 3 more years: Congress

16 Jan

The compensation period to states for any loss of revenue under the Goods and Services Tax regime, which ends in June, must be extended by another thr ...

Complex GST compliance to sell online among reasons for MSMEs’ low digital penetration: FISME

16 Jan

One of the reasons for the low digital penetration of MSMEs are complex Good and Services Tax (GST) compliance requirements needed to make the transit ...

Genuine Transactions With Suppliers Whose GST Registration Cancelled: Calcutta High Court Allows GST ITC To Assessee

16 Jan

The Calcutta High Court bench of Justice Md. Nizamuddin has held that the Input Tax Credit (ITC) cannot be denied on genuine transactions with supplie ...

Bhagwant Mann to hold meet on GST relief today

14 Jan

Punjab is staring at a major crisis in the coming days, with the compensation for the rollout of goods and services tax (GST) about to end in June ...

Maharashtra: Firm proprietor held by GST dept for Rs 8 cr tax evasion

14 Jan

Central Goods and Services Tax (CGST) unit unearthed a fake input tax credit (ITC) racket and arrested the proprietor of a Dahisar-based firm, for fra ...

GST rates on certain sin goods at a point where they can't be hiked anymore: CBIC Chairman

13 Jan

Some commodities which are perceived to be sin goods have seen Goods and Services (GST) rates rising to a point where further taxation isn't an option ...

Delhi records highest ever GST collection of over Rs 2,800 crore for April month

13 Jan

Delhi registered a record Goods and Services Tax (GST) collection of Rs 2,898 crore in the first month of financial year 2022-23, said the officials.T ...

Doctors urged GST council to Increase cess on tobacco items

13 Jan

Civil society organisations and doctors have urged the GST Council to increase compensation cess on all tobacco products to generate additional revenu ...

Don’t impose GST on cryptos, says Maharashtra IT Minister Satej Patil

12 Jan

Minister of state for home and information technology Satej Patil, raised apprehensions over the proposal of levying 28% Goods and Services Tax (GST) ...

Online gaming industry urges government to retain 18% GST

12 Jan

The online skill-based gaming industry has made a case for retaining the service under the 18 percent GST slab instead of the 28 percent tax rate cate ...

Panneerselvam tells Tamil Nadu CM to discuss with Centre to bring petroleum products under GST

12 Jan

AIADMK coordinator O Panneerselvam urged Tamil Nadu chief minister M K Stalin to hold discussions with Union finance minister Nirmala Sitharaman and c ...

IAMAI urges govt not to hike GST on online skill-based gaming sector

11 Jan

Leading industry body, Internet and Mobile Association of India (IAMAI), has shot off letters to the Finance Ministry as well as the GST Council, urgi ...

Technical glitches in GST portal leave dealers worried

11 Jan

Technical glitches in Goods and Services Tax (GST) portal for last four days have left dealers worried about missing the fast approaching due date for ...

City’s GST share now insufficient to pay staff

11 Jan

Not receiving enough share of GST (goods and services tax) ever since a new government took over in the state, the local civic body has entered a phas ...

GST Council mulling 28% tax on Bitcoin, other cryptocurrencies

10 Jan

In what could further dampen the mood of crypto investors in the country, the goods and services tax (GST) council is mulling a 28 per cent tax on cry ...

Exempt Sungudi saris from GST: MP

10 Jan

Madurai MP, Su Venkatesan urged the Union government to exempt Sungudi saris from the ambit of the Goods and Service Tax (GST).He was speaking after i ...

CBIC urges businesses to file various GST returns on time

10 Jan

Central Board of Indirect Taxes and Customs (CBIC) has urged businesses to file on time various tax return forms falling due in the next few days as p ...

GST net on crypto may expand to include their sale, purchase.

09 Jan

The government may expand the indirect tax net over cryptocurrencies to cover the entire gamut of activities, including their usage for exchanging goo ...

Small businesses keen to sell on e-commerce but mandatory GST registration major deterrent: CAIT survey

09 Jan

A survey released by traders’ body Confederation of All India Traders (CAIT) said while e-commerce is a potential mode of business activity, mandatory ...

All GST dues have been settled: Union FM

09 Jan

All dues to the states as per the GST formulation have been settled and only dues for the months of February and March of 2022, of about Rs.78,000 cro ...

E-way bill generation dips in April; may hit May’s GST collection

06 Jan

Generation of e-way bills, which are needed to ship goods within and across states, eased a notch in April, suggesting that Goods and Services Tax (GS ...

Commercial Tax Department busts auditor over fraudulent Input Tax Credit claims

06 Jan

The Commercial Tax Department raided the residence and office of a GST tax auditor in Davangere and Bengaluru and busted a Input Tax Credit (ITC) scam ...

With GST grant set to end, Punjab’s AAP regime stares at tough times ahead

06 Jan

Saddled with a debt of Rs 3 lakh crore it inherited from the previous regime, Punjab’s Aam Aadmi Party government is staring at a financial crisis ...

Food min moots 5% GST on de-oiled rice bran to temper edible oil problem

05 Jan

The Union Food Ministry has suggested imposing a 5 percent GST on de-oiled rice bran to discourage use of the product for feed purpose, Food Secretary ...

April GST mop-up notwithstanding, Rs 1.5 trn a month may not happen in FY23

05 Jan

The record collection from the goods and services tax (GST) of Rs 1.68 trillion has raised hopes that finally the near five-year-old indirect tax regi ...

Naturopathy, yoga provided by a Resort as total package will attract GST

05 Jan

AAAR said accommodation service and other services including naturopathy rendered during the course of said service is covered under composite service ...

Govt may subsume sin goods cess into GST to pacify states

04 Jan

The cess levied on aerated drinks, cigarettes and cars is set to become a bargaining chip in Centre-state talks on GST compensation, with the Centre o ...

Fruit-based fizzy drinks face 28% GST plus 12% cess

04 Jan

The classification of a cold drink will determine the goods and services tax (GST) levy, which is a component of the final price paid by you – the con ...

Apple And Malt Cola Fizzy Attracts 28% GST And 12% GST Compensation Cess: Gujarat AAR

29 Jan

The applicant contended that drinks prepared from juice concentrates and other ingredients, including water, sugar, flavours, etc., and processed by h ...

Maharashtra stares at Rs 30,000 crore income loss if GST compensation not extended

29 Jan

If the Centre does not extend the GST compensation from July this year, Maharashtra, which pays the maximum taxes, will lose Rs 30,000 crore annually, ...

FHRAI appeals for rationalisation of GST rates for complete revival of hospitality sector

29 Jan

Citing high inflation, the Federation of Hotel and Restaurant Associations of India appealed to the GST Council to rationalise the GST rates for the h ...

Farmers seek removal of GST on farm-related machinery

23 Jan

Farmers have sought removal of GST on agriculture-related implements including fertilizers to help reduce the input cost besides appointment of agricu ...

Jet fuel should be under GST, states should cut VAT: Scindia

23 Jan

Civil aviation minister Jyotiraditya Scindia said a dozen states that have not reduced VAT on jet fuel are being nudged to lower levies, and backe ...

Surat Municipal Corporation (SMC) will bear GST burden on swimming pool fees

26 Jan

The Surat Municipal Corporation (SMC) has decided to bear the GST burden on swimming pool fees. This which means citizens desirous of using the swimmi ...

GST provisional attachment order loses its validity after one year: HC

26 Jan

The Delhi High Court bench of Justice Manmohan and Justice Sudhir Kumar Jain has held that every provisional attachment order ceases to have effect af ...

Rent Free Accomodation Provided By Partner To Partnership Firm Is Exigible To GST: Tamil Nadu AAR

26 Jan

The Tamil Nadu Bench of the Authority for Advance Ruling, consisting of members T.G. Venkatesh and K. Latha, has ruled that GST is liable to be paid i ...

Department Cannot Block GST ITC Without Assigning Any Reason: Gujarat High Court

26 Jan

The court observed that the order blocking the ITC was bereft of any reasons, and there was no question of any reflection of the authority passing the ...

CBIC introduces facility of restoration of Cancelled GST registration

25 Jan

The Central Board of Indirect Taxes and Customs (CBIC) has introduced the facility of restoration of cancelled registration under Goods and Services T ...

Payments received in cryptocurrencies set to face GST complications

25 Jan

Individuals who had provided services to clients outside India and were paid in cryptocurrencies are rushing to their tax advisors seeking clarity ove ...

Court summons GST officer over detention of tax consultant

25 Jan

The Gujarat high court ordered an officer of the Goods and Service Tax (GST) to remain present in court on Thursday morning and bring along a tax cons ...

SBI Research says GST on insurance premiums should be reduced to 5% or nil

23 Jan

Taxing insurance premiums at 18 per cent at a time when insurance penetration in the country is merely 4.2 per cent is, perhaps, not the best way forw ...

Govt May Bring Cryptocurrency Under GST

23 Jan

The government is working to bring cryptocurrencies under the ambit of Goods & Services Tax (GST) in order to tax the entire value of transactions ...

GST Applicable to Reimbursement received towards Stipend paid to Trainees on behalf of Industry partner

23 Jan

The Coram of Sri Dr. M. P. Ravi Prasad, Member (State) and Sri. T. Kiran Reddy, Member (Central) based on the above observations held that “the applic ...

CAIT to urge govt on BIS standards & GST tax slab rationalisation in footwear sector

22 Jan

The Confederation of All India Traders (CAIT) has ensured the footwear sector that it will reach out to the government to discuss on rationalisation o ...

Two persons held for GST irregularities of nearly Rs 200 crore in Mumbai

22 Jan

Two people were arrested for alleged irregularities to the tune of nearly Rs 200 crore in connection with Goods and Services Tax payments, an official ...

Maharashtra passes Bill to waive pre-GST tax arrears

22 Jan

The Maharashtra legislature on Monday passed a Bill to provide for settlement of arrears of tax, interest, penalty or late fee that were payable under ...

States panel may propose a single 15% GST levy by merging 12% and 18% slabs

21 Jan

A panel of state ministers set up to suggest changes to the GST rate structure may propose a single 15% levy by merging the 12% and 18% slabs, but is ...

Cryptocurrency to be treated as goods or services under GST Law

21 Jan

The government is working on classifying cryptocurrency as goods or services under the GST law so that tax can be levied on the entire value of transa ...

Farmers demand waiver of GST on farm inputs, equipment

21 Jan

Farmers’ unions from across the country have urged the Centre to remove GST on agri produce, fertilizers, pesticide and drip irrigation equipment, and ...

IndiGo ‘in talks with Central government to bring aviation fuel under scope of GST

17 Jan

As crude oil prices continue to soar, IndiGo's full-time Director and Chief Executive Officer Ronojoy Dutta urged the Central government to bring the ...

GST is neither good nor simple to taxing pizzas, ice cream or vehicles

17 Jan

It can happen only in India that a pizza is taxed at three different rates and where a pizza topping is different from a pizza, as decreed two days ag ...

Centre yet to pay GST dues of Rs 26,000 crore to Maharashtra

17 Jan

The Union government has not yet paid GST dues of Rs 26,000 crore to Maharashtra and if the state gets this money it would be very helpful, Minister o ...

Insurance Agents’ Federation plea to remove GST on insurance products

16 Jan

The Life Insurance Agents’ Federation of India has appealed to Basavaraj S. Bommai, Chief Minister of Karnataka, who is also Leader of the Ministerial ...

Rs 53,600 crore GST compensation yet to be released to states this fiscal

16 Jan

Over Rs 53,600 crore of GST compensation for the current fiscal is yet to be released to the states, finance minister Nirmala Sitharaman said in the R ...

Gujarat's Resident Anant Shah arrested for Rs. 63 crore GST evasion

16 Jan

Anant Shah, a resident of Ahmedabad, was arrested by officials of state goods and services tax (SGST) department, for evasion of taxes of Rs 63 cr ...

Many states request GST compensation extension beyond 5 years

15 Jan

Many states have requested extension of the compensation mechanism under the GST beyond June 2022, Finance Minister Nirmala Sitharaman said.Under the ...

GST slashed to 5% on domestic maintenance, repair and overhaul services for aviation sector

15 Jan

The Goods and Services Tax (GST) has been slashed from 18 percent to five percent on domestic maintenance, repair and overhaul (MRO) services for the ...

CAIT says that mandatory GST number bars lakhs of MSMEs from selling products with e-commerce

15 Jan

The Confederation of All India Traders ( CAIT) has raised an issue that the mandatory requirement of GST number for sellers on e-commerce platform blo ...

Auditing officers lose adjudicating notice power under GST system

14 Jan

Assessees have got some relief as only jurisdictional tax officers would now be able to adjudicate notices issued under the goods and services tax (GS ...

Chandigarh Beopar Mandal delegation airs grievances at GST panel meeting

14 Jan

A delegation of the Chandigarh Beopar Mandal (CBM) attended the first meeting of the Grievances Redressal Committee of the Central GST.Charanjiv Singh ...

CGST Delhi Officials apprehend A gang Of 7 Firms In GST Evasion

14 Jan

Through extensive analysis of E-way bills, CGST Delhi East Commissionerate had busted a syndicate of five firms who were engaged in availing and utili ...

Karnataka CM hints at GST relief extension

12 Jan

Chief Minister Basavaraj Bommai informed the Legislative Council that the Union Government is considering the request for extending the Goods and Serv ...

HC directs GST Directorate to refund illegally collected Rs. 27.51 crore to Swiggy

12 Jan

The High Court of Karnataka has directed the Directorate of Goods and Services (GST) to refund Rs. 27.51 crore to M/s Bundl Technologies Pvt. Ltd., wh ...

GST officials arrest executive for tax credit fraud

12 Jan

Goods and Services Tax (GST) officials have arrested director of a Mumbai-based chemical-trading company for alleged irregularities related to input t ...

Extension of GST compensation yet to be decided: CM Bommai

11 Jan

Union finance minister Nirmala Sitharaman’s statement of extending the GST Cess till 2026 is only limited to paying the pending amounts to states, cla ...

IndiaTech.org seeks review of GST on online transactions of travel and small businesses

11 Jan

Start-up industry body IndiaTech.Org has sought a review of GST on online transactions as it is adversely impacting small businesses and travel compan ...

Malad businessman arrested for 5.9cr GST fraud

11 Jan

The Central Goods and Service Tax department and central excise have arrested a Malad businessman, Sachin Mehta, for allegedly fraudulently availing i ...

GST authorities expand probe into alleged tax evasion by BharatPe

10 Jan

GST authorities have expanded the probe into alleged tax evasion by fintech firm BharatPe to include reported issuance of fake invoices by those close ...

Hint of 3% GST hike puts small units at 100% unease

10 Jan

Opposing the GST council’s reported proposal of increasing the minimum tax slab from 5 to 8%., the city businessmen have said that any hike in the goo ...

GST compensation cess period already extended till March 2026: FM Nirmala Sitharaman

10 Jan

Union Finance Minister Nirmala Sitharaman said the GST compensation cess period has already been extended till March 2026 to enable the Centre to repa ...

New e-invoicing rule to bring 180k more firms into GST compliance fold

28 Jan

Mandatory electronic invoicing of business-to-business (B2B) transactions for companies with annual turnover above ₹20 crore will increase goods and s ...

GST intelligence body widens investigation on financial technology firm BharatPe

28 Jan

The Directorate General of Goods and Services Tax Intelligence (DGGI) has widened its probe on BharatPe after its earlier investigation had found the ...

Rs.315cr GST scam unearthed

28 Jan

The State Goods and Services Tax (GST) department has unearthed a scam involving turnover of Rs 315 crore in which bogus firms and fake invoices were ...

Some states may need GST compensation even after June FY23

25 Jan

A few states including Haryana, Uttarakhand, Himachal Pradesh, Sikkim, West Bengal and Bihar may need GST compensation post-June FY23.The report furth ...

Can’t attach personal assets of LLP partner: Gujarat high court

25 Jan

The Gujarat high court has said that the GST officials cannot provisionally attach personal properties of a partner of a partnership firm without fina ...

Absconder held in Bhavnagar’s Rs 762-crore GST billing scam

25 Jan

Chairman of Madhav Copper Ltd, Nilesh Natubhai Patel, an accused in the Rs 762-crore bogus billing scam of Bhavnagar, has been arrested by State Goods ...

Several steps taken to crackdown on people indulging in fake GST invoices to take benefit of ITC

24 Jan

The Government said it has taken several steps to crack down on people indulging in generating fake GST invoices to take benefit of input tax credit.R ...

Reduce GST As Beedis Exported To Europe, Gulf And US

24 Jan

Indian beedis are being exported to various countries, said officials at a panel discussion and therefore on the need to reduce the Goods and Services ...

No adversarial relationship between Centre and states on GST: FM Sitharaman

23 Jan

Finance Minister Nirmala Sitharaman on February 22 said that there is no adversarial relationship between the states and the Centre when it comes to m ...

Coaching institutes need to pay GST on composite supply basis: CBIC

23 Jan

A coaching institute cannot deposit Goods & Services Tax (GST) on individual items basis for the supply of notebooks, t-shirts, bags, sweat shirts ...

Issues related to GST frustrate Ludhiana steel dealers

23 Jan

Industrialists dealing in steel, scrap and furnaces are sore over the lackadaisical approach of the government in controlling steel prices. As if it w ...

As per AAR rulings the GST applicable on seeds used in agriculture

22 Jan

The Telangana Authority of Advance Ruling (AAR) has said in two rulings that seeds are not “agricultural produce” and should attract goods and service ...

Govt likely to propose formula to bring ATF under GST

22 Jan

The government is likely to propose a formula to bring aviation turbine fuel (ATF) under the ambit of Goods and Services Tax (GST), CNBC TV18 reported ...

GST Council likely to revisit plan to hike rate for textiles

22 Jan

Even though the Goods and Services Tax (GST) Council had to drop a plan to hike the GST rates for most textile products in the man-made fibre (MMF) va ...

Maharashtra: Your dazzling smile will cost you GST @ 18%

21 Jan

Your dazzling smile comes at a price. Your dental bill, for services like teeth whitening or application of veneer (also known as smile-fixing treatme ...

GST Input Tax Credit Changes Cut Both Ways

21 Jan

Changes proposed to input tax credit provision in the GST law are good in intent but may be harsh for recipients, said experts regarding the Finance B ...

Mumbai: Metal firm boss arrested over Rs 29-crore GST fraud

21 Jan

The Maharashtra State Goods and Services Tax Department on Friday arrested a director of a firm dealing in metal and scrap for accepting bogus invoice ...

GST Council may cut tax exemptions, hike rates

18 Jan

The GST Council may cut down tax exemptions, hike rates on selected items and cut down tax slabs to three from four slabs of 5%, 12%, 18%, and 28%.The ...

Income earned from providing guest lectures liable to 18 % GST: AAR Karnataka

18 Jan

Income earned from providing guest lectures will attract 18 per cent GST, the Karnataka bench of AAR has ruled.While passing the ruling, the AAR said ...

Govt likely to propose 18% GST on crypto mining, trading entities

18 Jan

The Centre will take a proposal to the Goods and Services Tax Council (GST Council) to levy GST on entities that provide a mining platform for cryptoc ...

A structural revamp of GST is comig soon

17 Jan

The Union government and states will implement a proposed structural revamp of the goods and services tax (GST) in phases, keeping in mind the impact ...

Businessman arrested for using Rs100 crore of bogus invoices

17 Jan

Goods and Services Tax (GST) officials in Mumbai have arrested the proprietor of a firm engaged in metal scrap trade for allegedly making use of fraud ...

GoM on GST for casinos, race course and online gaming reconstituted

15 Jan

The Finance Ministry has reconstituted the Group of Ministers to look into GST-related matters related to casinos, race course and online gaming. Howe ...

Recording of reasons key to block ITC in Electronic Cash Ledger under GST: Bombay HC

15 Jan

Bombay High Court has held that adequate emphasis should be on not only ‘having reasons to believe’ to block Input Tax Credit (ITC) but also on ‘recor ...

Mumbai-based businessman arrested for availing fake GST input tax worth Rs 7.11 cr

15 Jan

The Anti-Evasion wing of CGST (c), Mumbai South arrested the partner of a firm, Rushabh Bullion, a trader of gold and silver articles for availing fak ...

Blockchain technology to stop fake billing, GST evasion, 1st phase to be implemented soon

14 Jan

The Central government is all set to use blockchain technology to curb fake billing and GST claims. In the first phase, the technology will be used fo ...

Over 250,000 new GSTIN numbers registered since Covid pandemic began in Delhi

14 Jan

Over 250,000 people in Delhi registered their new or existing businesses under the ambit of the Goods and Services Tax (GST) from March 2020, when the ...

Maharashtra GST officials nab Surat couple for tax evasion of Rs 111 crore

14 Jan

Maharashtra Goods and Services Tax (GST) department arrested a couple from Gujarat's Surat on charges of GST evasion through fake Input Tax Credit (IT ...

GoM to make recommendations to GST Council

12 Jan

The second meeting of the Group of Ministers (GoM) on GST System Reforms headed by Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar h ...

Centre ignoring call for GST rate cut on health insurance premiums: MP

12 Jan

DMK Rajya Sabha member Kanimozhi N.V.N. Somu said the Union government was turning a blind eye to the health insurance sector’s call for a GST rate cu ...

Building Owner Can Claim GST Exemption If Residential Premises Leased Out Are Used As Hostel: Karnataka High Court

12 Jan

The Karnataka High Court has held that an owner of a building can claim tax exemption under the Goods and Services Act (GST) if the residential premis ...

Tax on digital assets could go up, govt. mulling GST on crypto mining, supply

11 Jan

The government is examining the applicability of goods and services tax (GST) on various crypto currency transactions including mining of these digita ...

Government open to consider restaurant owners' demand for higher GST levy

11 Jan

Revenue secretary said government is open to considering the restaurant industry's demand of shifting back to higher goods and services tax (GST) alon ...

GST officials bust fake tax credit racket

11 Jan

Goods and Services Tax (GST) officials have bust a tax credit racket and arrested the proprietor of a metal trading firm, the finance ministry said in ...

No clarity on levying of GST on crypto

09 Jan

During the Zero Hour discussion in the Rajya Sabha on Tuesday, BJP leader Sushil Modi raised the issue of crypto currencies. Notably, Finance Minister ...

Company drags taxman to court after similar tax demands raised by state and central GST authorities

09 Jan

A BSE listed firm, Suumaya Corporation, has dragged the federal government and the oblique tax authorities to court over similar tax demands by the st ...

GST return filers doubled as compliance was simplified

09 Jan

CBIC chairman said that steps taken by the Goods and Services Tax (GST) Council and by tax authorities at the central and state levels have doubled th ...

Karnataka CM urges centre to extend GST compensation period upto 2024-25

08 Jan

Karnataka Chief Minister Basavaraj Bommai on Monday requested the Centre to extend the GST compensation for a period up to 2024-25. Bommai presented t ...

CBIC to scaleup departmental audits to boost GST compliance

08 Jan

Chairman Vivek Johri said that Central Board of Indirect Taxes and Customs (CBIC) is set to scale up scrutiny and departmental audits of risky taxpaye ...

Gujarat HC directs GST dept. to sanction refund towards IGST

08 Jan

In the matter of Jal Engineering (petitioner) invokes the extraordinary jurisdiction vested in this Court under Article 226 of the Constitution of Ind ...

Govt. to press for inclusion of jet fuel in GST

07 Jan

Finance minister Nirmala Sitharaman said the Centre would take forward the industry proposal for bringing jet fuel, a key input for the distressed air ...

GST clarity crucial for Indian fantasy sports industry to drive investments: FDI

07 Jan

With the exponential growth of fantasy sports and the potential benefits to India's digital economy, a new whitepaper recommends providing tax certain ...

Retrospective Cancellation of Registration of Selling Dealer does not affect Right of purchasing dealer for Deduction: Rajasthan HC

07 Jan

Mr. Ayush Singh Advocate on behalf of Mr. Punit Singhvi, counsel for the revenue is that in cases where the registered seller is found to have obtaine ...

Centre says GST on transaction fees, not on crypto’s value

05 Jan

The government will levy goods and services tax (GST) on the service fees on cryptocurrency transactions, not the digital asset’s gross value. However ...

Odisha registers 47% growth in state GST

05 Jan

The collection of State GST in Odisha was Rs 1,143.14 crore in January 2022 against Rs 777.71 crore in the same month last year, registering an increa ...

Steel company owner arrested over GST fraud

05 Jan

Central GST Commissionerate of Navi Mumbai on Wednesday arrested a proprietor of Navnit Steels for alleged fraudulent input tax credit (ITC). The comp ...

GST question mark on cryptocurrency transactions

04 Jan

If the Budgetary announcement of a 30 per cent tax on income from an asset with no legal status stumped the common man, cryptocurrency service pro ...

Rs. 20 crore GST evasion by Malayalam actors, distributors detected

04 Jan

The tax evasion by the actors surfaced during the investigation against the distributor.Eight leading actors and a few film distributors of Malayalam ...

Fishermen seek waiver of GST bill on diesel subsidy

04 Jan

CHENNAI Fishermen have urged the State authorities to supply diesel subsidy to new boats with out insisting upon GST payments for engines and boat ...

No word on electricity to be brought under GST disappoints sector players

03 Jan

Power producing companies were left wanting as the Union Budget did not acknowledge their wish for including electricity under the purview of the ...

Himachal Pradesh witnesses 24% rise in GST collection

03 Jan

The state Taxes and Excise has collected Rs 427.72 crores GST in the month of January as compared to Rs 346.30 crores in January last year, thus regis ...

MH Government slams Union Budget 22, demands GST dues

03 Jan

Maharashtra government on Tuesday slammed the Union Budget terming it a disappointment and raising the issue of non-payment of GST dues to the State a ...

GST officers bust nexus of 93 fake firms passing on Rs 491cr ITC fraudulently

01 Jan

GST officers have arrested one person on charges of running multiple fake firms and having passed on fraudulently ITC worth Rs 491 crore.The Gurugram ...

GST Reg. to be cancelled if ITC taken in GSTR-3B more than 10% with GSTR-2B

01 Jan

The Goods and Services Tax Network (“GSTN”) has issued an update w.r.t. GST Registration to be cancelled if Input Tax Credit (“ITC”) taken in GSTR-3B ...

GST mop-up tops Rs 1.38 lakh crore in Jan, nears April record

01 Jan

Goods and services tax (GST) collection topped Rs 1. 38 lakh crore in January, compared to Rs 1. 29 lakh crore in the previous month, providing furthe ...

Budget may propose creating GST tribunal

31 Jan

The government is considering setting in motion the creation of a Goods and Service Tax Appellate Tribunal (GSTAT) for the expeditious resolution of i ...

GST squads to keep eye on freebies

31 Jan

The GST department of the UP government has formed four flying squads to carry out surprise inspection of vehicles including transport vehicles and to ...

Bullion trader arrested for Rs 21 crore GST scam

31 Jan

The CGST and the Central Excise department have arrested bullion trader for alleged Input Tax Credit (ITC) fraud of Rs 20.8 crore.He is one of the dir ...

GST on smartphones should be lowered to 12% from 18%- ICEA

29 Jan

The Indian government imposed an 18 per cent goods and services tax on smartphones in 2020, which upscaled the prices of handsets, making it costlier. ...

MP joins opposition states in demanding 5yr extension to GST compensation

29 Jan

At a time when opposition states are demanding extension of Goods and Services Tax (GST) compensation by five years from the Central government, Madhy ...

Fake firms' Syndicate busted for Rs. 362cr GST evasion

29 Jan

DGGI Ghaziabad officials have busted a bogus network of 275 firms involved in issuing fake invoices of more than Rs 3100 crore involving GST evasion o ...

Call to keep handloom sector out of GST purview

28 Jan

The All-India Handloom Rights Forum has appealed to the Central government to give exemption to handloom sector from the GST.Forum national president ...

Extend GST compensation to states for two more years due to COVID pandemic

28 Jan

Maharashtra deputy chief minister and state finance minister on Wednesday urged the Union Government to extend the period of Goods and Services Tax (G ...

GST officials arrest youth for issuing bogus bills of over Rs 1,000 cr

28 Jan

GST authorities said an 'accountant' has been arrested for allegedly issuing bogus bills of ₹ 1,000 crore and committing an input tax credit (ITC) fra ...

Tax games of skill differently from games of chance

27 Jan

In a letter to Finance Minister Nirmala Sitharaman ahead of the Union Budget 2022-23, IndiaTech has proposed that goods and services tax be levied onl ...

Uttarakhand HC stays condition in GST Circular relating to filing of refunds in timely order

27 Jan

The Uttarakhand High Court has stayed the condition in the GST Circular relating to filing of refunds in chronological order. The petitioner has praye ...

Industries urge to bring natural gas under GST to realise PM’s vision of gas-based economy

27 Jan

The government should bring natural gas under the Goods and Services Tax (GST) regime to realise Prime Minister Narendra Modi’s vision for a gas-based ...

Insurers push for cut in GST on health policies

25 Jan

With Covid pandemic nonetheless enjoying havoc within the nation, the insurance coverage sector is pushing for a discount within the GST on well being ...

RTI replies show GST evasion of over Rs 93,000 crore

25 Jan

The government has detected evasion of Goods and Services Tax (GST), which also includes Central Excise and Service taxes prior to 2017, to the tune o ...

Mumbai businessman arrested for fake ITC network worth over Rs 63cr

25 Jan

Bhiwandi Commissionerate of CGST Mumbai Zone has arrested a businessman, who was running a fake GST Input Tax Credit racket.The ministry said "acting ...

Importers, govt. duel in SC over GST on ocean freight

24 Jan

The government is engaged in a pitched legal battle in the Supreme Court against importers over its decision to levy Integrated Goods and Services Tax ...

Outbound tours under LTC scheme, provide GST and TCS concession: OTOAI to FM

24 Jan

The Outbound Tour Operators Association of India (OTOAI) recently wrote to the honourable Finance Minister Smt. Nirmala Sitharaman, ahead of the Budge ...

Special GST Bill presented to Parliament

24 Jan

The government presented to Parliament the Special Goods and Services Tax (SGST) Bill that is aimed at simplifying the existing tax structure.The Bill ...

Advt. tax merged with GST, yet NMC charging it as licence fee

22 Jan

Despite advertisement tax merging in goods and services tax (GST), Nagpur Municipal Corporation (NMC) is still recovering it in the name of licence fe ...

Tech Cos. hope for GST reconsiderations for electronics

22 Jan

As the government prepares to announce the budget for 2022, the only major concern raised by most tech companies is the panel of 28 percent GST that i ...

No tax claims after winding up order of Co. passed: CBIC

22 Jan

CBIC said tax officers cannot make any tax claim after the winding up order of a company is passed. The apex indirect taxes body Friday issued detaile ...

Exempt essential food products from purview of GST

21 Jan

Agrofood Chamber of Commerce and Industry has urged Finance Minister Nirmala Sitharaman to impress upon the GST Council to exempt all essential food p ...

RBI holds repo auction as GST outflow tightens liquidity

21 Jan

The Reserve Bank of India (RBI) on Thursday conducted a variable rate repo operation to infuse liquidity, instead of its usual variable rate reverse r ...

Businessman held for ₹10cr GST fraud

21 Jan

Mumbai West CGST Commissionerate has busted a fake input tax credit (ITC) racket involving Rs 10.1 crore and arrested a businessman in the case. The b ...

Importers of denatured ethyl alcohol drag govt to court over GST classification issue

20 Jan

Importers of denatured ethyl alcohol, a raw material used in hand sanitisers and disinfectants, and a constituent used in Remdesivir, have approached ...

MSMEs hope for GST, TDS reductions, relaxation in compliances

20 Jan

Finance Minister Nirmala Sitharaman will present the Union Budget on February 1, 2022. Micro, Small and Mid-size enterprises (MSMEs) are requesting th ...

ITC can be availed on GST charged by Works Contractor Supply

20 Jan

The Telangana Authority of Advance Ruling (AAR) ruled that ITC can be availed on GST charged by contractor supplying service of works contract to the ...

MTAI seeks reduction in GST, customs duties on medical devices

19 Jan

The Medical Technology Association of India (MTAI) has urged the government to reduce GST and customs duties on medical devices, cold chain units and ...

Jewellery industry body urges government to reduce GST to 1.25%

19 Jan

The All India Gem and Jewellery Domestic Council (GJC) on Tuesday urged the government to reduce the rate of GST (goods and services tax) to 1.25 per ...

M/S Hardik textiles filed petition not to penalise them for inadvertent mistake

19 Jan

M/S HARDIK TEXTILES Vs. State of Gujarat The petitioner is seeking to approach this Court being aggrieved by the fact that the eligible refund a ...

FADA seeks GST rate cut on two-wheelers to 18% to increase demand

18 Jan

Automobile dealers' body FADA has urged the government to reduce GST rates on two-wheelers to 18 per cent in order to generate demand in the segment.T ...

Cellular association seeks GST reduction on mobile phones

18 Jan

Seeking reduction in import duty on components used for making mobile phones, the India Cellular and Electronics Association (ICEA) has said that if t ...

CAIT urges Centre to exempt GST registration for e-commerce sales

18 Jan

CAIT made an appeal to Union Finance Minister Nirmala Sitharaman asking her to approach the GST Council to call for GST registration exemption for sma ...

Centre would not want extending GST compensation, given a choice

17 Jan

Tamil Nadu’s finance minister said several states would be hard pressed to manage their finances if the Centre did not extend Goods and Services Tax ( ...

Delhi man arrested for issuing fake GST invoices worth Rs. 4,521 crore

17 Jan

GST officers have arrested one person for operating a syndicate and issuing fake invoices of ₹ 4,521 crore for availing input tax credit (ITC) benefit ...

Telecom Cos. seek refund of Rs 35,000 cr. input tax credit

15 Jan

Telecom operators want the government to refund input tax credit (ITC) of around Rs 35,000 crore, reduce levies and waive GST on licence fees and spec ...

Karnatak Chamber of Commerce and Ind. plans to set up GST legal cell

15 Jan

The newly elected body of the Karnatak Chamber of Commerce and Industry (KCCI) plans to take several new steps, including setting up a special legal c ...

Rajasthan Comml Tax Deptt. launches GST Advanced Analytical portal

15 Jan

The Advanced Analytics portal was launched by the Chief Tax Commissioner of Rajasthan at the headquarters in Jaipur. The portal has been developed by ...

Union Budget 2022: ACMA seeks lower GST on auto components

13 Jan

Auto components industry body ACMA on Tuesday said it has urged the government for a uniform GST rate of 18 per cent on all auto parts to curb the imp ...

State authorities can't act on whims to harass businessmen: All'bad HC

13 Jan

In a case pertaining to wrongful seizure of a consignment by State authorities citing non-compliance with the provisions of UP GST Act, a single judge ...

1% GST for sweets, namkeens sold over the counter

12 Jan

Karnataka’ Authority for Advance Ruling (KAAR) said a sweet shop manufacturing and selling sweets and namkeen over the counter only will be required t ...

Footwear traders hold protest in Jalandhar for 5% GST instead of 12%

12 Jan

Giving two hoots to Covid guidelines, members of the Shoe Association Atari Bazaar and Model House held a protest here out GST Bhawan on Monday, deman ...

GST sleuths search houses of 3 Tanda tobacco dealers

12 Jan

A 15-member team of Lucknow Directorate General of GST Intelligence (DGGI) searched residences of three tobacco dealers in Tanda area of Ambedkar Naga ...

PHDCCI urges govt to put all packaged cereals and staples under 5% GST

11 Jan

The PHD Chamber of Commerce and Industry (PHDCCI) has urged the government that all packaged (whether branded or unbranded) cereals and staples includ ...

Karnataka HC upholds levy of GST and other taxes on tobacco

11 Jan

In a setback to manufacturers of tobacco and tobacco products, the High Court of Karnataka has upheld that laws that allow simultaneous levy of the Go ...

GST tax credit fraud of ₹70cr leads to arrest of two businessmen

11 Jan

Central GST officials arrested two businessman for availing and passing input tax credit worth Rs 70 crore through fictitious transactions.Mumbai CGST ...

Taxmen to give ‘reasonable time’ to explain reasons for mismatch in GSTR-1, 3B

10 Jan

As per the changes in the GST law effective January 1, GST officers were allowed to directly initiate recovery action against those errant businesses ...

GST evasion: notices issued, but ‘no record of outcome’

10 Jan

The Directorate General of GST Intelligence (DGGI) issued 158 show-cause notices for tax evasion, amounting to ₹9,359 crore in the six years to FY21, ...

CBIC notifies taxpayers to file GSTR-7 & 8 for Dec. before Jan. 10

10 Jan

The Central Board of Indirect Taxes and Customs (CBIC) on Sunday notified the Goods and Services Tax (GST) taxpayers to file the GSTR-7 Return for the ...

Footwear traders oppose GST hike, seek rollback

08 Jan

Footwear manufacturers in the country are demanding reversal of the GST hike that came into effect from January 1, saying that higher rates will affec ...

Industries seek simplification of GST

08 Jan

Upward revision in threshold limits for investment-based deductions from income and health insurance premium and incentive for information technology ...

ICAI says bring back provision for audit of GST annual returns

07 Jan

Accounting rule maker Institute of Chartered Accountants of India (ICAI) has asked the government to bring back the audit and certification provisions ...

GST hike on textiles will put financial burden on 85% population

07 Jan

Ease of Doing Business for MSMEs: Urging Commerce Minister Piyush Goyal to withdraw proposed GST hike on textiles from 5 per cent to 12 per cent inste ...

CBIC starts initiative to boost GST mop-up

07 Jan

Central Board of Indirect Taxes and Customs (CBIC) has started a new initiative of holding meetings with officials of state tax administrations across ...

TN urges to continue GST compensation at least till June 2024

06 Jan

The Tamil Nadu government on Wednesday urged the GST Council and the Union Finance Ministry to continue the GST compensation at least till June 30, 20 ...

Budget Expectations are reduction in GST, streamlining KYC, and financial inclusion

06 Jan

As Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget for the financial year 2022-23 on 1st February, the Micro, Small & ...

Surat, Vadodara traders protest GST hike on footwear products

06 Jan

Footwear traders in Surat and Vadodara on Tuesday shut shops and joined the bandh called by All India Footwear Association against the Centre’s decisi ...

5% GST on electricity may cause Rs 5,700-crore loss to states, Centre

05 Jan

A proposal to bring electricity under the goods and services tax (GST) regime may cause a fiscal hole of Rs 5,780 crore for both states and the Centre ...

Demand to cut GST on scrap from 18% to 5%

05 Jan

After the Goods and Services Tax Council deferred the increase in the GST rates for the textile and garment business, the local industrialists now wan ...

GST probe may set precedent for crypto taxation

05 Jan

Even as the indirect tax department initiated investigations against several crypto exchanges for escaping Good and Services Tax (GST) liability, it m ...

Cryptocurrency exchange WazirX fined Rs 49.20 crore for GST evasion

04 Jan

The Goods & Services Tax (GST) department has penalised cryptocurrency exchange WazirX Rs 49.20 crore for evading legal taxes, officials said.The ...

GST raid without notice: Businessmen oppose rule

04 Jan

GST hike on textiles rolled back, local businessman are up in arms against the Central board of indirect taxes and customs (CBIC) once again, this tim ...

Himachal Pradesh won’t get GST compensation after June 2022

04 Jan

Managing the finances of state will be a challenge for the Himachal Pradesh government from June 2022 onwards as the Centre would stop paying GST comp ...

GST Liability of Swiggy, Zomato to Ease Restaurants’ Compliance Burden

04 Jan

Ordering food from platforms including Swiggy and Zomato may soon become costly as they will have to deposit and pay tax on behalf of all restaurants ...

Electricity Minister says No GST on power bill

03 Jan

Electricity minister V Senthil Balaji on Sunday clarified that the Goods and Services Tax (GST) wasn’t levied on the electricity consumption charges a ...

Fake GST billing scam worth Rs 347 crore busted in Delhi, kingpin arrested

03 Jan

Enforcement officials of the Delhi GST Department unearthed a Rs 347 crore fake GST billing scam on January 1, 2022. The total tax evasion in the chai ...

GST collections slip below Rs. 1.3 lakh crore in December

03 Jan

December is the sixth month in a row when revenue from goods sold and services rendered stood at over ₹1 lakh croreGross Goods and Services Tax (GST) ...

Basavaraj Bommai-led GoM on GST rate likely to submit report by February

25 Jan

The Group of Ministers (GoM) on GST rate rationalisation is likely to submit its final report by February, Karnataka Chief Minister Basavaraj Bommai, ...

New provision from Jan 1: GST officials to make surprise recovery visits

25 Jan

Come January and the government is empowered to send its recovery officials to your premises to collect GST without notice, if your tax liability show ...

Govt working on changes in GST law, public platforms to support business

25 Jan

The Centre is working to bring changes in the GST Act so that companies can utilise data stored with GST Network to increase their business. “We ...

New GST Burden On E-Commerce Operators Zomato, Swiggy, Ola, Uber

24 Jan

With effect from 01.01.2022 the e-commerce operators have been made liable to pay tax on services provided through them namely transport of passengers ...

Correction in Inverted Duty structure in Footwear and Textiles sector

24 Jan

With effect from 01.01.2022 the GST Council decided to introduce GST rate changes from January 2022 in order to correct the inverted duty structure in ...

Blocking of GSTR-1 for non filing of GSTR 3B

24 Jan

The GSTR-1 return filing facility will be blocked if you have not submitted the return in FORM GSTR-3B for the previous two return periods. For exampl ...

Rules related to Mandatory Aadhaar authentication for GST Refund & Revocation application

24 Jan

The Central Board of Indirect Taxes and Customs (CBIC) has notified that Rules related to Mandatory Aadhar authentication for GST Refund and Revocatio ...

GST Provision related to communication of Details of invoice or debit note to the recipient

24 Jan

With effect from 01.01.2022, Section 16 of the CGST Act is amended wherein sub-section (2), after clause (a), the clause shall be inserted, namely “(a ...

Self-assessed tax shall include the tax payable in respect of details of outward supplies

24 Jan

With effect from 01.01.2022, Section 75, in sub-section (12) is amended whereby an Explanation shall be inserted, namely “For the purposes of this sub ...

Commissioner empowered to attach provisionally, any property, including bank account

24 Jan

With effect from 01.01.2022, Section 83, in sub-section (1) is amended, whereby a new sub-section shall be substituted, namely “(1) Where, after the i ...

Appeal can be filed against section 129(3) order, only after 25% of the penalty is paid

24 Jan

With effect from 01.01.2022, Section 107, in sub-section (6) is amended whereby the proviso shall be inserted, namely “Provided that no appeal shall b ...

Appeal can be filed against section 129(3) order, only after 25% of the penalty is paid

24 Jan

With effect from 01.01.2022, Section 107, in sub-section (6) is amended whereby the proviso shall be inserted, namely “Provided that no appeal shall b ...

Commissioner’s Power to call for information

24 Jan

With effect from 01.01.2022, a new section for section 151 shall be substituted namely “Power to call for information: The Commissioner or an officer ...

Proper officer seizing goods or conveyance to issue notice within 7 days

24 Jan

With effect from 01.01.2022, the proper officer detaining or seizing goods or conveyance shall issue a notice within seven days of such detention or s ...

Budget 2022 : CIA bats for GST exemption, reclassification of NPA norms for MSMEs

23 Jan

The Consortium of Indian Associations (CIA) has sought creating a separate Development Commissioner to and look after exclusive needs of micro enterpr ...

CPI could rise 150 bps if GST council raises rates suggested by the finance commission

23 Jan

Indian Consumer Price Index could rise as much as 150 basis points putting pressure on the central bank, if the GST council chooses to raise rates for ...

Tighter GST rules to take effect from 1 January

23 Jan

The central government (CG) has decided to bring a dozen amendments to the Central Goods and Services Tax (CGST) Act from 1 January, tightening the in ...

Govt. urged to roll back hike in GST on footwear

21 Jan

Members of the Andhra Pradesh Footwear Manufacturers and Dealers’ Association took out a protest rally against increasing the Goods and Services Tax ( ...

ITC cannot be disallowed if genuineness of transaction is established: Calcutta HC

21 Jan

In a huge relief to businesses, the Calcutta High Court has ruled that taxpayers shouldn’t be denied the benefit of the input tax credit if one is abl ...

DoT supports refund of input tax credits for telecom sector

21 Jan

The telecom department has asked the finance ministry to consider refunding input tax credits (ITC) that telcos have accumulated under the goods and s ...

Telangana Minister KTR Demands Repealing GST 7% Hike in Textile

20 Jan

The Telangana government on Sunday appealed to the Centre to repeal the hike of 7 percent GST on textiles and cloth industries. Telangana Minister for ...

Food delivery apps should pay GST for supply from both registered, unregistered restaurants

20 Jan

They need to pay the entire tax liability in cash and will not get input tax credit, clarifies a Finance Ministry circularE-commerce operators (ECOs) ...

Compulsory GST registration discourages small businesses to go online: FISME

20 Jan

An online panel discussion on “Fostering Inclusive E-Commerce Ecosystem in India” was hosted by CUTS International on Wednesday, where a whitepaper on ...

GST rate revision for textile sector may be reviewed

17 Jan

Even as the central government aims to correct the inverted duty structure to give relief to the textile industry, manufacturers especially those of t ...

India Cuts GST On Ethanol To 5% To Promote Fuel Blending

17 Jan

India has lowered the goods and service tax on ethanol meant for blending with gasoline as it looks to curb dependence on imported fuels. The GST on t ...

Delhi HC Issues Notice On Uber's Challenge to GST On E-Auto Rikshaw Services

17 Jan

The Delhi High Court has issued notice on a petition moved by Uber India challenging the two notifications levying GST on auto rickshaw services booke ...

MP urges Union minister to withdraw GST on Sungudi sari

15 Jan

Madurai MP Su Venkatesan made a representation to Union finance minister Nirmala Sitharaman to withdraw the 12% GST on Sungudi saris.Venkatesan said i ...

Confusion surfaces over GST rate on cheese balls

15 Jan

After ice cream, papad and paratha, cheese balls is another food item that triggered the dispute of goods and services tax (GST ). The dispute has for ...

Proposed hike in GST may up prices of cloth, garments, shoes in Punjab

15 Jan

The Punjab Pradesh Beopar Mandal (PPBM) has stated that the proposed hike in the GST rates will up the prices of cloth, garment and shoes from January ...

Textile traders of Aligarh stages protest against GST hike from 5% to 12%

14 Jan

The textile traders of Aligarh staged a protest against the Central government following the decision to hike the Goods and Services Tax (GST) on text ...

States have ₹51,000 crore provisional GST compensation dues

14 Jan

After financing around ₹2.7 trillion of states’ GST compensation shortfall by way of debt and transferring proceeds of cess collected, the provisional ...

GST Council stands firm on decision to exclude petroleum products from GST

14 Jan

At Kerala High Court, the GST Council asserted that petroleum products cannot be included in the ambit of GST. The council submitted an affidavit in t ...

Govt reduces compliance burden For GST taxpayers

13 Jan

In a good news, the Ministry of Finance on Sunday announced new relaxations for the goods and services tax (GST) taxpayers. Taking to Twitter, the Min ...

Auditors should examine GST from time to time

13 Jan

The Bangalore branch of the South India Regional Council Chartered Accountants of India hosted a two-day National Convention on Goods and Services Tax ...

Raymond CFO says GST hike on textiles to deter demand, plans to pass on full increase

13 Jan

Amit Agarwal, Group Chief Finance Officer at India’s top textiles maker Raymond said the government’s decision to increase the goods and services tax ...

GST Council may clarify on GST implications on ice cream parlors

11 Jan

The GST Council is likely to consider issues related to levy of GST on ice cream parlors in the next Council meeting, expected later this month. The C ...

GST GoM for raising 18% slab to 20%

11 Jan

As part of the rate rationalisation exercise, the fitment committee of the goods and services tax (GST) has proposed raising the 5% slab to 7% and 18% ...

City businessmen protest in Delhi against GST hike on textile

11 Jan

A group of city businessmen affiliated with Bharitya Arthik Party (BAP) protested at New Delhi on Friday against the central government’s decision to ...

Uber wants Centre to reconsider 5% GST on autorickshaw rides booked online from January 1

10 Jan

With regular autorickshaws often demanding excess fare or refusing to ply, many commuters prefer relying on app-based auto aggregators like Ola, Uber, ...

Paper industry calls for roll up of GST rate hike

10 Jan

With the GST council expected to meet this month for its quarterly meeting, several paper and printing bodies have made representations to roll back t ...

Fake invoice racket busted at Vizag by anti-evasion wing of GST

10 Jan

The officers of the Anti-evasion wing of Vizag Central GST (Govt. of India) have busted a fake invoice racket involving a network of companies and arr ...

Kerala Garments and Textile Dealers Association demands withdrawal of GST hike

09 Jan

The Kerala Garments and Textile Dealers Welfare Association (KTGA) has demanded the immediate withdrawal of GST hike from 5 to 12 per cent for the tex ...

Parliamentary panel for more subsidy, GST cut to up EV adoption

09 Jan

A Parliamentary committee has recommended to the government to increase the subsidy on buying of private electric 3- and 4-wheelers as has been done f ...

CBIC to officials: Follow systematic action to step up revenue receipts

09 Jan

Central Board of Indirect Taxes and Customs (CBIC) has urged all field officers to focus on revenue collection efforts and take all possible steps in ...

Unbound kids’ picture books to face 5% GST

09 Jan

Do not judge a book by its cover — this adage has obtained a whole new meaning. Given the Covid pandemic, home learning is the norm and picture books ...

Businessmen write to FM to defer new GST rates rollout

08 Jan

Anxiety among garment and textile sector businessmen is increasing by the day, as January 1, 2022—the date when GST on some of their raw materials and ...

GST cuts do not always benefit consumers: Kerala govt study

08 Jan

Tells GST Council that tax rates should be based on a proper study of impactAccording to a study by the Finance Ministry of Kerala, GST tax rate reduc ...

Surge in GST collection in Karnataka

08 Jan

With the economic activities picking up, Gross Goods and Services Tax (GST) revenue collections in Karnataka rose by 51% in the first eight months of ...

Stock brokers' body pleads govt to cut GST for capital markets in Budget

07 Jan

The Association of National Exchanges of Members of India (Anmi), on behalf of its 900 stock brokers, has written to the GST Council on rationalizing ...

No recommendation under consideration to reduce 18% GST on health insurance premium

07 Jan

There is no recommendation under consideration of the GST Council to reduce Goods and Services Tax (GST) on health insurance premium, Minister of Stat ...

Food delivery apps not to get ITC under new GST regime from January 1

07 Jan

E-commerce Operators (ECOs) in food delivery space like Swiggy and Zomato will not get input tax credit (ITC) under the new GST mechanism coming into ...

Restructuring GST rates: Available options for the GST Council

06 Jan

In the 45th meeting of the GST Council held on September 17, 2021, the Council constituted a Group of Ministers (GoM) Committee to examine matters rel ...

Centre yet to clear state’s balance GST compensation

06 Jan

A reply to an application made under the Right To Information (RTI) Act has revealed that of all the states in the country, Maharashtra has the highes ...

GST on garments, footwear set to rise from New Year

06 Jan

All eyes are on chief minister Basavaraj Bommai as he heads a group of ministers on rate rationalisation in the hope that it will lower the Centre’s p ...

Kendu leaf workers protest GST on minor forest produce

04 Jan

Kendu leaf workers staged a rally at Lower PMG here protesting Goods and Services Tax (GST) on Kendu leaves. They have been demanding withdrawal of th ...

Odisha GST collection in November grows 64%

04 Jan

Odisha recorded gross GST collection of Rs 4,136 crore in November, a 64% growth from Rs 2,528 crore collected in the same period last year.The collec ...

Thane CGST Commissionerate busts fake GST ITC racket worth Rs 12 crores, arrests one

04 Jan

Thane Central Central Goods and Services Tax (CGST) Commissionerate busted a fake GST Input Tax Credit racket worth Rs 12 crores and arrested one pers ...

Apparel retailers warn that GST rate hike will hit demand

03 Jan

Apparel retailers, hit by rising cotton yarn and acrylic prices, said the upcoming hike in the goods and services tax (GST) on clothes and footwear co ...

Kerela HC is not satisfied with the reason why petroleum products can’t be brought under GST

03 Jan

A division bench of Kerala High Court said it was not satisfied with the reasons pointed out by the Centre and the GST Council on why petroleum produc ...

Chandigarh GST collection up by 27% in November

03 Jan

As business activities have returned to normal, tax collection has also started picking up. The gross goods and service tax (GST) collected in Novembe ...

November gross GST collection at Rs 1,31,526 crore, 2nd highest ever

02 Jan

Gross GST revenue collected in November came in at Rs 1,31,526 crore. This was an improvement over the Rs 1.30 lakh crore collected in the month of Oc ...

CBIC detects bogus tax credit claims worth ₹38,000 cr since last November

02 Jan

The Central Board of Indirect Taxes and Customs (CBIC) has since last November detected ₹38,000 crore of bogus claims from businesses for input tax cr ...

Punjab exempts 1.5L cases from VAT assessment

02 Jan

To woo the business community, the Punjab Cabinet on Wednesday decided to exempt about 1.50 lakh cases from tax assessment for 2014-15 till 2017-18, a ...

GST on notice pay, group insurance, phone bill: AAR

30 Jan

GST will be applicable on employee recoveries such as notice pay, group insurance and telephone bill, an Advance Authority of Advance Ruling (AAR) has ...

FM says about Rs 52,000 crore GST compensation pending to states till September

30 Jan

Nearly Rs 52,000 crore of GST compensation was due to the states as of September 2021, Parliament was informed on Monday.Giving details of Goods and S ...

Hosiery makers slam revised GST rate on apparel

30 Jan

The South India Hosiery Manufacturers Association (Sihma) urged Centre to roll back the revised GST rate on apparel items.In a letter to the Union fin ...

Suumaya Corporation drags GST authorities to court over their power to arrest

29 Jan

BSE-listed Suumaya Corp has dragged the Goods and Services Tax (GST) authorities to the Bombay High Court, arguing revenue officials don’t have the po ...

Chandigarh Traders oppose proposed hike in GST rates on textile and footwear items

29 Jan

The Chandigarh Beopar Mandal (CBM) has opposed the proposed increase of GST rates from 5 per cent to 12 per cent on fabrics and readymade garments and ...

PHD chamber urges GST Council to rationalise rates

29 Jan

Items in category of 12 per cent rate should be reduced to 10 per cent and goods in the category of 18 per cent rate should be reduced to 15 per cent, ...

Ola, Uber’s auto booking service will chage 5% GST from next year

27 Jan

Auto-rickshaw services provided through e-commerce platforms would attract 5 per cent GST from January 1, 2022. The Revenue Department under the Finan ...

CBIC tells officials to help boost Nov GST collections

27 Jan

The Central Board of Indirect Taxes and Customs (CBIC) has asked field officers to help further improve November goods and service tax (GST) collectio ...

Mumbai GST zone detects Rs 265 crore tax evasion by JSW Steel; co repays Rs 262 crore

27 Jan

Mumbai GST zone has detected tax evasion of Rs 265 crore by JSW Steel. GST authorities claim that JSW Steel had wrongly availed input tax credit of co ...

IT Ministry to meet mobile phone makers, seek Budget inputs

25 Jan

The Ministry of Electronics and Information Technology is likely to meet mobile phone and allied component makers again this week to discuss possible ...

Hike in GST on textiles will upset industry

25 Jan

The Tamil Nadu Textile Merchants Association has said that the increase in GST on textiles and garments from 5% to 12% from January 1, next year would ...

Fast food chain Subway drags taxman to court over GST on intellectual property rights

25 Jan

American fast food chain Subway has dragged the indirect tax department to court over allegedly forcing it to pay differential Goods and Services Tax ...

Uniform 12% GST on MMF textiles doesn’t address cost challenge for entire MMF sector

24 Jan

Even as the government on Monday notified replacing the inverted tax structure on man-made fibre (MMF) textiles to a uniform rate of 12 per cent acros ...

GST fitment panel for raising 18% slab to 20%

24 Jan

As part of the rate rationalisation exercise, the fitment committee of the goods and services tax (GST) has proposed raising the 5% slab to 7% and 18% ...

Gold may lose sheen on govt’s plan to hike bullion GST rates

24 Jan

The government’s reported proposal to hike GST on gold jewellery to five per cent from three per cent is set to derail the industry which is reboundin ...

Group of Ministers has to submit a report on rationalisation of GST

23 Jan

Chief Minister Basavaraj Bommai, who heads the Group of Ministers on Goods and Services Tax (GST), chaired a meeting on rate rationalisation of taxes ...

FM announces discounted GST rates for some Kashmir made products

23 Jan

Union finance minister Nirmala Sitharaman on Monday announced discounted rates of GST on the home-made of Kashmir products, like carved wood products, ...

18 bogus companies created to claim Rs 13.78 crore GST refund

23 Jan

The Central Goods and Services Tax Commissionerate (Ludhiana) has unearthed a racket involving fake input tax credit (ITC) and Goods and Services Tax ...

Man-made fibre, yarn to incur 12% GST from Jan 1

22 Jan

The finance ministry has notified a uniform 12% GST rate on manmade fibre (MMF), yarn, fabrics and apparel, thereby addressing the inverted tax struct ...

GST authorities detect ₹960 crore of tax evasion by tobacco, pan masala makers

22 Jan

The Directorate General of GST Intelligence (DGGI) has unearthed tax evasion worth ₹960 crore in two instances involving clandestine supply of tobacco ...

Grants, non-philanthropic donations received by charitable trusts to attract 18% GST: AAR

19 Jan

Charitable trusts are liable to pay 18% Goods and Services Tax (GST) on grants and non-philanthropic donations received by them, the Maharashtra AAR h ...

Ice cream to attract steep rate of 18% GST

19 Jan

Ice cream parlours are feeling the heat as GST Authorities in various States have started issuing summons since an October 6 clarification on a new sy ...

Govt should reduce and rationalise GST rates on food processing industry

19 Jan

The government should reduce the GST rates applicable on the food processing industry and also rationalise the rates applicable between packaged brand ...

Govt likely to classify cryptocurrency exchanges as e-commerce platforms; levy 1% GST

18 Jan

The Centre is planning to classify cryptocurrency exchanges as e-commerce platforms and levy a one percent tax collected at source on them under the g ...

GST authorities are using data analytics and technology for investigations

18 Jan

Guidelines issued to the tax officials for scrutiny of Goods and Services Tax (GST) returns in Kerala has thrown light on how the tax department is us ...

GST intel busts laundering racket involving UP firm

18 Jan

In one of the biggest cases of money laundering unearthed in recent times, the Meerut zonal unit of the Directorate of GST Intelligence (DGGI) has ini ...

Karnataka CM heads panel tasked with restructuring, merging multiple slabs.

13 Jan

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 ...

Kerala FM says GST has failed to achieve its objectives

13 Jan

The Goods and Services Tax (GST) has failed to achieve its professed objectives and has badly hit the finances of States, including Kerala, Finance Mi ...

Chhattisgarh CM Bhupesh Baghel urges Centre to extend GST compensation period

13 Jan

Chhattisgarh Chief Minister Bhupesh Baghel on Friday urged the Centre to extend the compensation period of the Goods and Services Tax (GST) beyond 202 ...

Notices to firms after mismatch in GST tax credits

12 Jan

Goods and services tax authorities have started issuing notices to several companies, after uncovering a mismatch in tax credits using deep analytics ...

Key accused in GST input tax credit fraud arrested

12 Jan

The officials of the Directorate General of GST Intelligence (DGGI) Visakhapatnam arrested the mastermind in the Rs 31 crore fake input tax credit rac ...

GST collection surge in October shows economy on recovery path

12 Jan

Union Minister of State for Finance Bhagwat Karad said buoyancy in GST collection in October shows the Indian economy, adversely affected by the coron ...

Gadkari says Petrol, diesel prices will come down if brought under GST

11 Jan

Union Road Transport and Highways Minister Nitin Gadkari said on Wednesday that bringing petroleum products under the purview of GST will further redu ...

Online gaming firms wary of higher GST rate; say tax on prize money will impact business

11 Jan

It was reported last month that the government may consider a single tax rate for online gaming companies and will also ascertain whether goods and se ...

CBIC for strict enforcement to check fake invoicing

10 Jan

Regulatory checks on fake invoicing, including those of services, need to be strengthened for better tax compliance, according to an update on indirec ...

Importers availing tax credit on extra taxes paid under I-T scrutiny

10 Jan

Companies that were asked to pay additional indirect taxes on certain imports have come under the taxman’s lens again for availing of input tax credit ...

18% GST on insurance premium is shocking

10 Jan

Insurance is a necessity in India in the absence of a social security net, but the government is taxing the sector heavily even as others in the finan ...

Kerala HC to GST council: List reasons for not including petrol, diesel under GST

09 Jan

The Kerala High Court on Monday asked the Goods and Services Tax (GST) Council why petroleum products can’t come under the GST and directed it to file ...

GST Council likely to meet in December to decide rate reorganisation

09 Jan

The GST Council is likely to meet by third week of December to decide on the inverted duty structure and also rationalisation of rates.“The GST counci ...

Govt mulling levy of I-T, GST on cryptos; Bill in Winter Session

09 Jan

Cryptos are likely to attract both income tax and GST.A comprehensive Bill on crypto will detail the taxation. The Bill is expected to be introduced i ...

Govt expects Rs 1.5L cr GST mop-up in coming months

08 Jan

With economic activity stabilising, especially services, the government is hoping that monthly GST collections would stabilise around Rs 1.5 lakh cror ...

Centre releases Rs 17,000 crore to states as GST compensation

08 Jan

The central government has released goods and service tax (GST) compensation of Rs 17,000 crore to states on Wednesday out of the designated cess kitt ...

‘Fryums’ is papad, to attract no GST: Gujarat AAAR

03 Jan

Gujarat Appellate Authority for Advance Rulings (GAAAR) has characterised ‘fryums’ as ‘papad’ thereby negating any attraction of GST on the food produ ...

Bengaluru based SaaS startup Treflo launches GST invoicing application for MSMEs at zero cost

03 Jan

Treflo, a Bangalore-based SaaS startup, announced the launch of a 'free GST invoice app' for MSMEs.Treflo is rolling out the tool for free to reach ou ...

At Rs 317cr., GST mop-up in Goa below Sept levels

03 Jan

Goods and Services Tax (GST) collections in Goa saw a marginal drop in October, falling to Rs 317 crore as against Rs 319 crore in September, but rema ...

Companies may have to pay more taxes on intangible assets

02 Jan

Some conglomerates, banks, and companies may face additional taxes under the Goods and Services Tax (GST) on their intangibles, such as goodwill, bran ...

GST collection rises to Rs 1.30 lakh cr in Oct, 2nd highest ever

02 Jan

Gross Goods and Services Tax (GST) revenue collections in October (for sales in September) rose 23.7 per cent year-on-year to Rs 1,30,127 crore, the s ...

Punjab CM Channi waives GST on langar at Jalandhar’s Devi Talab Mandir

02 Jan

Punjab chief minister Charanjit Singh Channi on Sunday announced waiver of Goods and Services Tax (GST) on langar at the Devi Talab Mandir in Jalandha ...

Hiked GST rates will create stress on garment manufactures

01 Jan

The GST council’s proposal to increase rates from 5% to 12% for garments across price categories will create greater stress on the already extended wo ...

GST shortfall: Centre releases 44K crore as back-to-back loan

01 Jan

The Centre on Thursday released the balance Rs 44,000 crore to states as loan to compensate for shortfall in Goods and Services Tax (GST) collections, ...

Two businessmen in Mumbai arrested for issuing bogus GST invoices

01 Jan

In two separate cases, the Anti Evasion cell of the Central Goods and Service Tax have arrested two businessmen, Mohammed Harish Khan, for allegedly a ...

Textile sector worried over proposed GST rate hike from 5% to 12%

30 Jan

The textile and clothing industry has expressed concerns over the GST Council's proposed plan to implement the increase in GST rates on fabrics and ga ...

Permanent Transfer of IPRs attracts 18% GST

30 Jan

The Central Board of Indirect Taxes and Customs ( CBIC ) has notified that permanent transfer of IPRs attracts 18% GST. In exercise of the powers conf ...

SC allows govt appeal against giving Airtel Rs 923 crore as GST refund

29 Jan

The Supreme Court on Thursday upheld the government's appeal and dismissed a Delhi High Court's May 2020 order that allowed Bharti Airtel to claim Rs ...

Centre releases Rs 1.59 lakh crore to states as compensation for GST shortfall this fiscal

29 Jan

The Centre on Thursday released the balance of Rs 44,000 crore to states as a loan to compensate for the GST shortfall, taking the total amount to Rs ...

Amid power shortage, govt imposes dual taxes on inverters

29 Jan

If you are looking at buying a power inverter to get a good night's sleep amidst frequent power cuts, be ready to shell out more as the government has ...

Toy manufacturers to see higher GST liability following AAR ruling

29 Jan

Toys manufacturers are set to see higher tax liabilities after a ruling said that toys that have any form of light or sound should be treated as elect ...

SC asks govt. to set up the GSTAT without any further delay

28 Jan

The Supreme Court recently asked the Narendra Modi government and the GST Council to set up the GST Appellate Tribunal, or GSTAT, without any further ...

Punjab scraps 40,000 pending cases of VAT, allows faceless assessment of GST

28 Jan

Giving reprieve to trade and industry of the state, Punjab Chief Minister Charanjit Singh Channi on Wednesday announced the scrapping of 40,000 pendin ...

GST authorities arrest three for running fake firms, evading tax of more than ₹48 cr

28 Jan

The Gurugram Zonal Unit of Directorate General of GST Intelligence (DGGI) has arrested three persons for running multiple fake firms and evading GST o ...

Ice-cream parlours will face 18% GST retrospectively

27 Jan

Levy of 18% goods and services tax on ice-cream supplies with retro effect from July 2017 has led to a near meltdown for thousands of ice-cream parlou ...

A rise in GST E-way bill points out the rise in Inter-state trade ahead of Diwali

27 Jan

If September quarter results posted by large retailers and many banks mirrored a moderate but steady pick-up in consumption demand after the second wa ...

No ITC on Dubai trips, gold vouchers offered to retailers meeting set targets

27 Jan

Recently, the GST Authority for Advance Rulings (AAR), Tamil Nadu, has held that no input tax credit (ITC) would be available to the manufacturer who ...

Tamil Nadu truck operators want fuel prices to be brought under GST

26 Jan

Diesel prices crossing Rs 100-mark in Tamil Nadu has left truck owners and fleet operators a worried lot and a large number of trucks in Namakkal dist ...

International Film Festival of India delegate fee hiked due to GST addition

26 Jan

This year, delegates will be paying Rs 1,180 as fee for registration for the 52nd International Film Festival of India (Iffi). While some have questio ...

E-way bills in Oct may surpass Sept levels on festive season supplies

23 Jan

E-way bills in October are likely to surpass September levels with production picking up to meet rising demand during festive season, said experts. Th ...

Karnataka HC says right of GST refund and probe not interlinked

23 Jan

The right of GST refund would be independent to the process of investigation, ruled the Karnataka High Court in a petition filed by Bundl Technology, ...

IT system reforms in GST: GoM agrees to tackle fake invoicing menace

22 Jan

Deputy chief minister Ajit Pawar, who heads the Group of Ministers (GoM) on IT issues in GST, chaired the first virtual meeting on Thursday. The GoM a ...

Only supplier of goods or services can apply for a GST advance ruling

22 Jan

The GST Authority for Advance Rulings (Maharashtra) has recently rejected an application as it was not filed by the supplier of goods or services, but ...

Real estate developers reach out to government over GST on redevelopment

22 Jan

Several real estate developers have reached out to the government for clarity and concessions on the issue of double GST payment in redevelopment proj ...

Inverted duty correction: Synthetic textile prices in Gujarat will rise

21 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

`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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

Finance minister Read more

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

26 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

“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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

"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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan

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 Jan