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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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The Gujarat Authority of Advance Ruling (AAR) ruled that GST payable on the common maintenance fund/ deposit collected from the members.
The ...

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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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The Central Bureau of Investigation has arrested three Superintendents of GST & Central Excise, Bhubaneswar, and a private person(Accounts Officer ...
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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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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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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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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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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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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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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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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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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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The issue of GST on promotional expenses and claiming of input tax credit has always been contentious in the realm of goods and services tax (GST).Rec ...
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Traders’ body the (CAIT) on Friday urged Finance Minister Nirmala Sitharaman to defer the implementation of Rule 86B in GST, whereby businesses ...
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The Centre's CGST (14th Amendment) Rules, 2020, notified on Wednesday, have raised concerns with many industrialists fearing that they will further sl ...
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After much hue and cry from the lottery industry recently a single rate of 28% has been introduced by the exchequer on all kinds of lotteries on speci ...
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The Central Goods and Service Tax (CGST) Commissionerate’s anti-evasion team in Jaipur has arrested one businessman for not depositing Rs 5.5 crore GS ...
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Businesses with monthly turnover of over Rs 50 lakh will have to mandatorily pay at least 1% of their Goods and Services Tax liability in cash, the Fi ...
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GST registrations will now have in-person verification before registration is granted to any applicant. The government has notified on Tuesday the rec ...
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Schools and colleges that conducted online classes due to Covid pandemic now have a problem under Goods and Services Tax (GST) framework.For many educ ...
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The Delhi Government notified the Goods and Service Tax (GST) Exemption on supply of goods for specified projects under the Food and Agricultural Orga ...
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The Central Board of Indirect Taxes and Customs (CBIC) waived the late fee on delay in furnishing of FORM GSTR-4 for Financial Year 2019-20 for the re ...
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The notification notified the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020, which seeks to amend the Central Goods and Services T ...
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The Centre released the eighth installment of Rs.6,000 crore to states as back to back loan to meet the goods and service tax (GST) compensation short ...
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The petition stated that Section 132 (1) of the Central GST Act provides that specified offenses involving tax evasion in excess of Rs.5 crore will be ...
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The two-member bench of Justice J.B.Pardiwala and Justice Ilesh J. Vora noted that having dropped the proceedings once, what prompted the authority to ...
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The GST Authority for Advance Rulings (AAR - Maharashtra bench) has held that supply of online games — sent by an email attachment or via a secure lin ...
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In a Statement issued by GSTN said that, the system has started providing auto-populated GSTR-3B on the basis of GSTR-1 & GSTR-2B from the tax per ...
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The division bench of Justice Prakash Gupta and Justice Sabina in the light of the judgement in the case of Obelisk Composite Technology LLP Vs. Union ...
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From 1 January 2021, many rules are going to change, that includes implementation of Positive Pay system to curb cheque frauds, mandatory FASTags for ...
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Several importers are going to court to challenge notices issued to them by the Directorate of Revenue Intelligence seeking customs duty payments on g ...
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The sale of a ready property is outside the purview of GST and an under-construction property is taxed at 1 percent (for affordable housing) and 5 per ...
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Businesses got ample time for understanding the e-invoicing process and doing proper planning for adopting the new system. E-invoicing got off to a gr ...
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The directorate general of GST intelligence (DGGI) here on Thursday arrested a businessman from Rourkela for allegedly creating fake firms and evading ...
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Several bodies representing chartered accountants (CAs) from across the country have requested finance minister Nirmala Sitharaman to extend the deadl ...
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The Supreme Court on Thursday stayed the Delhi High Court order, allowing Bharti Airtel Ltd to claim Rs 923 crore in tax refunds by rectifying its goo ...
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In its drive against goods and services tax (GST) evasion, the intelligence arm of GST administration has found that certain transporters have been co ...
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According to the government's own admission, Rs 1.10 trillion out of the expected Rs 2.35 trillion shortfall in compensation to the states for impleme ...
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The Central Board of Indirect Taxes and Customs (CBIC) extended the Due Date of GST compliance till 31 March, 2021 during the period from the 20 March ...
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Tax professionals have urged the government to extend various deadlines under the Income Tax Act for assessment year 2020-21 and for filing annual rec ...
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A parliamentary panel has called for a reduction in GST on automobiles to 18% to spur demand and help the industry overcome the higher cost due to BS6 ...
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The Ministry of Finance on Monday released the seventh weekly instalment of Rs 6,000 crore to the states to meet the Goods and Services Tax (GST) comp ...
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The Government has canceled the Goods and Service Tax (GST) registration of 163,000 business entities who have not filed monthly tax returns (GSTR-3B) ...
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The tax department’s amendment around transition credit under the Goods and Services Tax (GST) framework was more of a direction, the Delhi High Court ...
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Come January 1 and GST taxpayers would be able to pay their tax dues on a self assessment basis without having to go through the cumbersome process of ...
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The Tax Department will actively conduct consultation prior to issuance of show-cause notices to evaders and assessees of GST so as to facilitate easi ...
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The Excise and Taxation Department of Haryana government has said that the agency earlier this week had to suspend the goods and service tax (GST) reg ...
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North Chennai Central Goods and Services Tax (GST) Commissionerate on Friday arrested a 31-year-old for committing a Rs 33 crore tax fraud by issuing ...
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The Directorate General of GST Intelligence (DGGI), Visakhapatnam Zonal unit has busted a major input tax credit (ITC) racket being operated by a 28-y ...
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A labourer, who earned Rs 198 a day for works he did under the Mahatma Gandhi Employment Guarantee Act (MGNREGA), in Ghatshila subdivision near Jamshe ...
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The petitioner has challenged the action of GST authorities in not reimbursing the differential tax amount arising out of change in tax regime f ...
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In a significant verdict, the Supreme Court on 03.12.20 held that the levy of Goods and Services Tax (GST) on lotteries, betting and gambling does not ...
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Chief Minister Bhupesh Baghel-led Chhattisgarh government has become the latest state to opt for the special window created by the Centre to compensat ...
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The Central board of Indirect Taxes and Customs (CBIC) notified that 8 digit HSN is mandatory for certain goods. The CBIC amended the notification of ...
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High GST on aircraft components forcing Pratt & Whitney to go abroad for maintenanceHigh GST rate on aircraft engine components has been forcing P ...
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The current regulations under Goods and Services Tax (GST) framework and how that’s interpreted is causing several problems for some of the engi ...
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Gross GST revenue collection in November stood at nearly Rs 1.05 lakh crore.The revenues for the month of November 2020 were 1.4 per cent higher than ...
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The Goods and Service Tax Network (GSTN) has enabled the option for opting for quarterly filing of GST returns under the quarterly return with the mon ...
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The lack of preparedness from the banks has forced the government to waive off proposed penalty for not implementing dynamic QR code on invoices issue ...
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Giving response to an order of a writ petition, the Indore bench of Madhya Pradesh High Court has said that the Goods and Service Tax (GST) notice sen ...
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A “seasoned fraudster” who created Rs 100 crore worth fake invoices for business deals over the past three years has been arrested by the Directorate ...
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The Central Board of Indirect Taxes and Customs (CBIC) has unveiled standard operating procedures (SOPs) to be followed by tax officials carrying out ...
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The Central Board of Indirect Taxes and Customs (CBIC) notified the Standard Operating Procedure (SOP) for verification of taxpayers granted deemed re ...
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Economic rationale overrides differences within GST CouncilThe deep divisions within the goods and services tax (GST) Council over bridging the shortf ...
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About 25,000 businesses who missed filing Goods and Services Tax (GST) return in November will get text messages and emails from tax authorities urgin ...
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The National Anti-profiteering Authority (NAA) has imposed a penalty of Rs241 crore on three subsidiaries of the Procter & Gamble (P&G) group ...
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The Rajasthan High Court granted the bail to a person accused of wrongfully availing ITC on furnishing a bail bond of Rs. 1 Lakh. The petitioner, Subh ...
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The Central Board of Indirect Taxes and Customs (CBIC) notified the clarifications on holding of Pre-Show Cause Notice Consultation. The Board has rec ...
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The Karnataka Authority of Advance Ruling (AAR) ruled that the amounts received towards sale of shares in flats not exigible to GST only if the entire ...
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The goods and services tax (GST) architecture today faces two challenges. One is the trust deficit between the Centre and states which can delay the i ...
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The Madras High Court directed the Joint Commissioner & Assistant Commissioner to grant retrospective registration for the petitioner’s Regi ...
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he Maharashtra Department of Goods and Services Tax has arrested a Mumbai-based businessman for allegedly defrauding the state by issuing fake invoice ...
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The law committee of the GST Council has suggested that new or fresh GST applicants follow an Aadhaar-like process under which new registrations can b ...
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The Directorate General of GST Intelligence (DGGI) is likely to ask the Institute of Chartered Accountants of India (ICAI) to take action against thre ...
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The directorate general of GST intelligence (DGGI) for the first time arrested a Chennai-based woman mastermind, running the racket of fake invoices t ...
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As the government steps up its offensive against fake invoice rackets, it has started asking taxpayers to explain various aspects of voluntary tax pay ...
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The Maharashtra Appellate Authority for Advance Ruling (AAAR) for GST has reiterated that services provided by housing societies would attract GST sub ...
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In a major relief to businesses, the government plans to do away with monthly filing of Goods and Services Tax (GST) returns after the electronic invo ...
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It is alleged that the companies owned and controlled by accused Rakesh Kumar Goyal have availed most of the amount of ITC from companies owned or con ...
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The Haryana Authority of Advance Ruling (AAR) has said that free transport provided by an employer to ferry employees to work is subject to goods and ...
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he government’s nationwide drive against fake Goods and Services Tax (GST) invoices on its fifth day saw five more arrests, raising the total tally of ...
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An inter-state tax invoice racket with fake transactions of over Rs 131 crore and fraudulent input tax credit of over Rs 26 crore was busted by the Na ...
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SC required the petitioner who challenged the levy of GST on hand sanitizers under the same Tariff Heading as insecticides, etc. to approach the HC. T ...
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Businesses, both small and big, will not be able to move goods from one place to another if they have not filed GST returns on time from December. The ...
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The West Bengal Appellate Authority of Advance Ruling (AAAR) ruled that the supply of service to Bharat coking coal Ltd. (BCCL) in terms of a Maintena ...
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The government on November 16 said honest taxpayers need not worry about the display of their Goods and Services Tax (GST) details in the new self-gen ...
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After launching a nationwide drive against fake Goods and Services Tax (GST) invoices that saw 25 attests in just four days, the government is conside ...
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A panel of officials attached to the Goods and Services Tax (GST) Council will on November 18 discuss further tightening of the way GST registration i ...
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The Central Board of Indirect Taxes and Customs (CBIC) mandated GST E-invoicing from January 1, 2021 if turnover exceeds Rs. 100 Crores. Th ...
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The government has received recommendations that a uniform Goods and Services Tax (GST) of 5 percent should be applicable at every stage of the value ...
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The Central Board of Indirect Taxes and Customs (CBIC) notified the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020 which seeks to a ...
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Quarterly goods and services tax (GST) return filing for small businesses is turning out to be a double-edged sword. A key relaxation in compliance fo ...
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On the basis of review of high amount of out go on account of ITC refund, followed it up with data mining/analysis on GSTN and E way bill portals, the ...
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The Gujarat Authority of Advance ruling (AAR) ruled that Goods and Service Tax (GST) is applicable on one time long term lease premium payable by Jinm ...
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A division bench of Telangana High Court issued notices to the Central government, Telecom Regulatory Authority of India (TRAI), and various cable tel ...
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The Telangana High Court has asked Goods & Services Tax officials not to use violence against tax assessees or their relatives and employees durin ...
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The Goods and Services Tax Network (GSTN) portal will now be able to handle double the taxpayer traffic for return filing than it used to after the GS ...
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The government’s efforts to check evasion of Goods and Service Tax (GST) and step up the indirect tax system’s efficiency is set to reach the next lev ...
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The Supreme Court has reserved its judgment on the constitutional validity of imposing Goods and Services Tax (GST) on sale of lotteries across the co ...
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Rajasthan Chief Minister Ashok Gehlot on Sunday demanded that the Centre should come up with a white paper to inform people about the impact of demone ...
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There is likely to be a consensus on including liquefied natural gas (LNG) under the ambit of the Goods and Services Tax (GST) soon, Petroleum Ministe ...
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The CGST department needs to take a cautious approach because of the amount of fraud happening in claiming input tax credit (ITC) by business entities ...
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Aiming to collect almost the same sum as taxes as last year, the revenue department is tightening compliance requirements related to e-invoicing. The ...
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The Goods and Service Tax Network (GSTN) issued a comprehensive guide dated November 05, 2020, for taxpayers on common errors on GST Portal and sugges ...
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Former governor of the Reserve Bank of India (RBI) C Rangarajan on Thursday said the decline in the growth of the economy triggered by COVID-19 was li ...
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Banks and insurance companies already seeking to cope with the effects of Covid pandemic face a new challenge, Goods and Service Tax (GST) notices fro ...
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Multinational companies have started getting notices from State GST Authorities, even as the Centre is talking about lowering compliance burden. These ...
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Finance secretary, Ajay Bhushan Pandey said to ANI that GST rate cut sends a wrong signal to domestic business/industries as well as international inv ...
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The Finance Ministry has started receiving pre-Budget recommendations from stakeholders and experts and one of them is to reduce carbon taxation and d ...
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The Finance secretary has said that the quantum of borrowing to meet states’ GST revenue shortfall has to be “reasonable” considering its economic imp ...
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Puducherry is the latest addition in the list of 21 states and two Union territories (UTs) to accept the Centre’s proposal to borrow Rs 1.1 lakh crore ...
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What could be seen as a significant relief to GST assessees, Madras High Court has set aside orders for levying interest on input tax credit (ITC) as ...
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The recovery in goods and services tax (GST) receipts is sustainable, and the government is evaluating demands from various quarters for further steps ...
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The Centre on November 2 released an amount of Rs 6,000 crore as a second tranche to states as their GST compensation cess shortfall under a special b ...
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The e-invoicing system under the goods and services tax (GST) has witnessed a three-fold rise within a month of its rollout, as per a report. About 2. ...
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With the economic activity picking up after relaxation of Covid-19 restrictions, the Chandigarh goods and services tax (GST) department has also resta ...
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Goods and Services Tax (GST) collections for October improved significantly in Goa, coming on par with the October 2019 figure, data released by the C ...
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Goods and Services Tax (GST) collections in October 2020 were Rs 1.05 lakh crore, making it the first time monthly revenues crossed the Rs 1 lakh cror ...
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The equalisation levy has started making things costlier for Indian consumers. Apple is passing on the 2% equalisation levy, aside from 18% goods and ...
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In what could be a healthy sign of economic recovery, goods and services tax (GST) collections recorded in the month of October are likely to cross Rs ...
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Many companies that reported an increase in their indirect tax outgo due to a steep jump in their import costs after the Covid pandemic fear that when ...
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The anti evasion branch of Central Goods and Service Tax (CGST), Commissionerate, Delhi (East) busted a major racket of claiming input tax credit (ITC ...
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The Gujarat High Court in a recent order has armed GST Commissioners with the power to authorise arrest of a person if he has reasons to believe that ...
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Global energy majors are bullish on the growth of natural gas usage in India and have called on the government to bring natural gas under the GST regi ...
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Filing GST returns continues to be a tedious and tiresome process, especially for micro, small and medium enterprises (MSMEs) who are already plagued ...
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The writ petition was filed in the Supreme Court challenging the imposition of Goods and Services Tax (GST) on products meant for the aid of persons w ...
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Another process of filing GST returns has been made easier for small traders. The GST Network (GSTN) has started the facility of filing quarterly retu ...
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The government will use artificial intelligence (AI) and Aadhaar registration to segregate dubious firms purposely created for Goods and Services Tax ...
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The National Anti-Profiteering Authority (NAA) has held Signature Builders guilty for not passing the benefit of additional ITC to the homebuyers but ...
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Small businesses with no tax liability can now file their Goods and Services Tax (GST) returns with text messages, GSTN, the company that processes GS ...
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Labelling India as an extraordinary country growing at an incredible scale, energy supermajor BP Plc on October 26 said it is looking to expand its pr ...
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Any kind of support from the government in terms of GST reduction would help the passenger vehicle segment immensely as it would negate some of the pr ...
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The government on October 24 said due dates for filing income tax returns and tax audit reports for FY20 for various classes of tax payers have been e ...
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The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation shortfall to 16 states and two union territories, incl ...
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A liaison office set up in India for promoting business of its head office incorporated abroad needs to be registered mandatorily under the Goods & ...
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Navi Mumbai police busted a Goods and Service Tax (GST) evasion racket and seized silver and imitation jewellery worth ₹6.17cr. The consignment was he ...
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A CA Final student has been arrested for creating Fake Invoices to generate fake Input Tax Credit amounting to Rs.50.24 Crores. The officers of CGST, ...
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The case concerned Chennai Metro Rail Limited (CMRL) that acquired a portion of property for public purpose from an individual. The memorandum of unde ...
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While the government has decriminalised 48 sections of the Companies Act, a controversy is brewing over jail provisions in the GST laws. The governmen ...
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The Karnataka Authority of Advance Ruling (AAR) ruled that the Input Tax Credit is restricted on medicines used in the supply of health care services ...
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The Department of Agriculture, Cooperation and Family Welfare has appointed National Agricultural Co-operative Marketing Federation Limited (NAFED) as ...
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The Goods and Services Tax (GST) portal experienced technical failure on the last day for filing the GSTR-3B for September. Over the past six days, th ...
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Kerala Finance Minister Thomas Isaac on Monday asked the central government to take initiative in settling the issue of quantum of borrowing to fund g ...
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The Tamil Nadu Authority of Advance Ruling (AAR) ruled that Input Tax Credit can be proportionately claimed on Goods/Services used in installation of ...
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Opposition-ruled states’ stand mellowed after the Centre offered to borrow Rs 1.10 trillion towards goods and services tax (GST) compensation on their ...
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The controversy around levying Goods and Services Tax on intermediaries has come back to the fore and the Gujarat High Court is planning to relook at ...
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The Tamil Nadu Authority of Advance Ruling (AAR) held that 12% Goods and Service Tax (GST) is payable on the LED stem. The applicant, M/s. lnventaa LE ...
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The opposition-ruled states are likely to take a common stand on Goods and Services Tax (GST) shortfall compensation following the Centre’s decision t ...
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Congress president Sonia Gandhi on Sunday hit out at Prime Minister Narendra Modi led union government over the recent compensation controversy in the ...
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A day after the Centre agreed to borrow Rs 1.10 lakh crore on behalf of states for meeting GST shortfall, Finance Minister Nirmala Sitharaman on Frida ...
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The Central Board of Indirect Taxes and Customs (CBIC) notified that the return in Form GSTR-3B of the Central Goods and Services Tax Rules, 2017 for ...
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A public interest litigation petition (PIL) filed in Telangana High Court seeks the cancelling of licenses of cable television networks, direct-to-hom ...
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The Centre has accommodated all concerns of the state governments on the issue of borrowing to meet deficit in goods and services tax compensation ces ...
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The Central Board of Indirect Taxes and Customs (CBIC) on October 15 urged businesses to ensure that their pending tax returns are filed as defaults c ...
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The central government late on October 15 said it was modifying its borrowing calendar for the second half to operationalise a special borrowing windo ...
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Some Opposition-ruled states will take a call on Friday on approaching the Supreme Court on the issue of the Centre pressing states to borrow to meet ...
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Recently, the Central Board of Indirect Taxes and Customs (CBIC) has issued the 2 significant notifications in respect of mandating crucial GST Compli ...
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States which want to borrow from the market to meet the Goods and Services Tax (GST) compensation shortfall can do so without any consensus in the GST ...
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Two recent decisions by the Authority for Advance Ruling will increase the tax liability on land lease transactions. At the heart of both the rulings ...
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A day after the stormy GST Council meeting, the Centre on Tuesday allowed 20 states, which had backed its proposal, to borrow close to Rs 69,000 crore ...
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The GST Council concluded the discussion without reaching any consensus for the second time in two weeks. The Centre and states last meet on October 5 ...
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The Central Board of Indirect Taxes and Customs (CBIC) issued clarification on the restrictions for availment of Input Tax Credit (ITC) under Rule 36( ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that, E-Way Bill generation facility to be blocked for Taxpayers who failed to ...
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The government may consider allowing India Inc to deposit GST on cash basis to help them tide over the liquidity woes during the COVID-19 pandemic, a ...
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The Union government is unlikely to allow voting on fund-raising by states at Monday’s GST Council meeting. It will insist that those who want to go a ...
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The finance ministry on October 9 said taxpayers are required to report in the annual GST return of 2018-19 only the values of transactions pertaining ...
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As many as 69.5 lakh invoice reference numbers have been generated by 71,000 users in the first week of implementation of goods and services tax (GST) ...
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GST Intelligence has busted a few exporter companies for defrauding the government through fake claims of Input Tax Credit (ITC) and cash refund of ar ...
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The Goods and Services Tax (GST) Council could consider setting up a group of ministers (GoM) to resolve the row over states having to borrow from the ...
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Key stakeholders of the country’s travel and tourism industry on October 8 put forward a proposal to the government that included a bunch of measures ...
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Indian start-ups in the space sector have welcomed the government’s latest announcement to scrap the 18% GST that is levied on firms launching Indian ...
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Pre-filled tax forms and greater transparency requirements are coming to businesses in 2021, with the Goods and Services Tax (GST) Council clearing ke ...
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The two member bench of Susmita Bhattacharya and Parthsarthi Dey ruled that the activity of assignment is in the nature of agreeing to transfer one’s ...
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The Centre is unlikely to allow any voting on the options of borrowing by states at next week’s GST Council meeting. It will say that the issue is out ...
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Finance Minister Nirmala Sitharaman announced more measures to simplify filing of tax returns and reduce compliance burden on small businesses. Sithar ...
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In a bid to ease GST compliance and return filing for small taxpayers, the GST Council on October 5 allowed them to file GSTR-1 and GSTR-3B once a qua ...
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After joining hands with the states at the GST Council to extend the applicability of compensation cess on cars, coal and soft drinks beyond June 2022 ...
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The Finance Minister recommended the Revised Requirement of declaring Harmonized System Nomenclature (HSN) for goods and Service Accounting Code (SAC) ...
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MUMBAI: Parota lovers, waiting to hear if the ‘ready-to-cook’ item will be taxed at 5% or 18% under the goods and services tax (GST), will be disappoi ...
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The Goods and Services Tax (GST) Council is set to meet on October 5 for the first time after the Centre provided the states with two borrowing option ...
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The Opposition-ruled states have decided to ask the Centre to put in place a dispute resolution mechanism to address the contentious issue of Goods an ...
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The Central Board of Indirect Taxes and Customs (CBIC) notified the amendments from Tax Invoice compliances under GST Rules on Invoice Reference Numbe ...
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In August, the Gujarat High Court allowed a footwear company to claim refund of unused goods and services tax credit. But last week, infrastructure, t ...
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Finance Secretary Ajay Bhushan Pandey today said amid early signs of recovery, e-way bills have hit a record high. In September, more than of 5.74 cro ...
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Ahead of the crucial meeting of the Good and Services Tax (GST) Council on October 5, the Opposition-ruled states have dug in their heels against the ...
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Goods and services tax (GST) collections grew 4% to Rs 95,000 crore in September — the first rise after six months of decline — indicating a recovery ...
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The Centre has given more time to taxpayers in yet another compliance measure as it extended the due date to file GSTR-9 and GSTR 9C for 2018-19 by a ...
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Businesses not yet prepared for generating Goods and Services Tax (GST) e-invoices despite having got about nine months to prepare for, have been give ...
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The Central Board of Direct Taxes (CBDT) authorized the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Sy ...
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The Maharashtra Appellate Authority of Advance Ruling (AAAR) affirmed the AAR’s ruling and held that the applicant can not charge GST at the rate of 1 ...
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The Maharashtra Appellate Authority of Advance Ruling (AAAR) affirmed the AAR’s ruling and held that 18% GST is leviable on sale of Transferable Devel ...
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The Madhya Pradesh High Court has granted bail to an accused person in case of GST evasion, for alleged fabrication of invoices and upload of the same ...
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No further relaxation is likely in terms of e-invoicing as the Centre is set to go ahead with the decision to make GST e-invoicing mandatory for compa ...
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The Rajasthan High Court quashed the order freezing the bank account of the petitioner for more than 1 year. The investigation had been initiated agai ...
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Temporary retention of goods and services tax (GST) compensation in the Consolidated Fund of India (CFI) pending reconciliation cannot be termed as di ...
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The plan to introduce the e-invoicing regime from October 1 will not be postponed. This was revealed by GST Network (GSTN) CEO Prakash Kumar at Friday ...
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In the latest report that has been tabled in the Gujarat assembly, the comptroller and auditor general (CAG) has highlighted discrepancies in approval ...
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The Comptroller and Auditor General has pulled up the government for diverting a large chunk of the money it collected as cess to the general pool mak ...
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The Comptroller and Auditor General of India has found that the Centre violated its own law on the Goods and Services Tax regime and retained Rs 47,27 ...
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The Kerala High Court ordered the petitioner CIAL Duty Free and Retail Services ltd. (CDRSL) to pay the GST on input services including Concession Fee ...
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The Patiala House Court, Delhi granted the bail to the person accused of availment of ineligible Input Tax Credit (ITC) to the tune of Rs. 24 Crores.T ...
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The GST Council is likely to approve a two-year extension of compensation cess levy on goods and services to allow Centre to pay entire shortfall in G ...
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The Delhi High Court rejected the plea challenging 5% GST on all varieties of fabrics falling under Chapters 50 to 63 of the Customs Tariff in further ...
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The writ applicant, M/s Radha Tradelinks Pvt. Ltd. is engaged in the business of areca nut, spices, etc. A consignment of areca nut was transported fr ...
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The Karnataka Authority for Advance Ruling (AAR) has adjudged that no deduction towards property taxes is allowed from the value of renting of immovab ...
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The Central Board of Indirect Taxes and Customs (CBIC) waived off the late fee payable for failure to furnish the return in FORM GSTR-10.As per sectio ...
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The Central Board of Indirect Taxes and Customs (CBIC) extended the due date of GST compliance and validity of the e-way bill till October 31, 2020 in ...
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"We are moving towards providing taxpayers with a pre- filled GSTR-3B form so that they can pay their taxes at ease. To start with, an option to edit ...
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The GST authorities will be able to recover only the interest on net cash liability from taxpayers since the introduction of the new tax regime, the C ...
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Opposition-ruled states have hardened their stance on center's borrowing options to meet goods and services tax compensation cess deficit with some th ...
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The government has proposed to extend the faceless assessment scheme to almost all proceedings under the income tax law, including for collection and ...
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Any state that does not choose one of the borrowing options offered by the Centre to compensate for the revenue loss on account of goods and services ...
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The government on Sunday indicated that it had the required support from states and Union Territories to push through its GST compensation formula, af ...
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Finance minister Nirmala Sitharaman said the Centre is not reneging on its promise to compensate states for any revenue loss due to the transition to ...
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The goods and services tax (GST) reduction from 18 percent to 5 percent on fans will help boost the product sales, said the Indian Fan Manufacturers A ...
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Miners' body FIMI on Friday said the mining industry is passing through a period of high uncertainty and stressed that uniformity in GST rates is nece ...
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The Madhya Pradesh High Court said that cash can be seized in Goods and Service Tax (GST) search as it is covered under definition of ‘Things’.The pet ...
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Auto companies should cut costs by reducing royalty payments to their parent companies abroad instead of asking the government to reduce GST, finance ...
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Industry bodies and multinational companies have sought deferment of mandatory e-invoicing till January 1 next year, seeking more time to implement re ...
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TTD Board of Trustees chairman YV Subba Reddy has requested the Center to exempt the Tirumala Tirupati Devasthanams (TTD) from the burden of GST ...
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The National Anti-Profiteering Authority (NAA) has found M/s Pinky Sales guilty of profiteering by not reducing prices in respect of the supply of foo ...
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Wellness facilities may become costlier for consumers with the Gujarat-based authority for advance rulings (AAR) calling for the imposition of 18 per ...
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Faced with rising cases of fraud in input tax credit, the Odisha government plans to amend the Odisha Goods and Services Tax making fraudulent input t ...
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IndiaActive, an association of stakeholders in the fitness industry, has urged the governments of Maharashtra, Bihar and Jharkhand to allow the reopen ...
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The Goods and Services Tax (GST) Council is empowered to ask the Central government to permit the states to borrow for meeting GST compensation shortf ...
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A businessman involved in steel and cement trading was arrested in Chhattisgarh's capital Raipur on September 12 for allegedly evading taxes of over R ...
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As many as 13 states ruled by the BJP and parties that have supported it on various issues have submitted their borrowing options to the Centre to mee ...
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The Institute of Chartered Accountants of India (ICAI) has written to the GST Council seeking deferment of 2018-19 GST annual return filing deadline b ...
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The GST Council meeting slated for September 19 has been postponed to October 5, sources said on Friday.The 42nd meeting of the Council has been postp ...
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The 42nd meeting of the Goods and Services Tax (GST) Council, which was scheduled to be held on September 19, has now been deferred to the first week ...
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GST Council in its next meeting is likely to decide on 18 pc rate on all kind of sanitizers. Currently, while non-alcohol based sanitizer attracts 12 ...
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Central government has failed to pay states the compensation it promised for supporting a nationwide tax reform, setting the stage for a showdown betw ...
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Life and health insurance premiums could soon attract lower GST to make them attractive for customers, if Insurance Regulatory and Development Authori ...
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The Maharashtra Authority of Advance Ruling (AAR) ruled that the Input Tax Credit (ITC) is available to Applicant on GST charged by the service provid ...
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Mobile phone makers can save custom compliance costs on imports of devices and components as the government has linked two mammoth databases by integr ...
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The Goods and Services Tax (GST) Council is divided along political lines with just a few days to go for the start of the monsoon session of Parliamen ...
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The Karnataka Authority of Advance Ruling (AAR) ruled the Input Tax Credit (ITC) can be availed on equipment, furniture, reagents/consumables used for ...
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The Rajasthan Authority of Advance Ruling (AAR) ruled that 5% GST is not applicable on local transportation services.The applicant sought the advance ...
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Opposition-ruled states are unlikely to budge on their stance and insist that the Centre should borrow to compensate them for the revenue loss on acco ...
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The Kerala High Court held that goods can’t be detained for non-mention of payment of GST on the e-way bill as per the SGST Act, 2017, and R.138A of S ...
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The Union government is committed to compensate states for their entire Rs 2.35 lakh crore Goods and Services Tax (GST) shortfall in 2020-21 irrespect ...
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The Kerala High Court held that goods can not be detained merely on the basis that the consignee was mentioned as an Unregistered Person in E-Way Bill ...
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Excise and taxation officials today announced that they would proceed on a two-day mass leave on September 7 and 8 for alleged witch-hunting in the Go ...
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The pace of a comprehensive review of GST laws has accelerated with a special focus on decriminalising offences and wider use of compounding provision ...
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Tax evasion of over Rs 2 crore has allegedly been unearthed at GMERS Medical and Sola Civil Hospital. A housekeeping agency from Bhavnagar that outsou ...
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The National Anti-Profiteering Authority (NAA) found M/s Nani Resorts & Floriculture Private Limited guilty of profiteering but did not impose the ...
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Union Minister Prakash Javadekar on Friday lent his weight to the automobile industry’s demand for a reduction in GST rate to boost growth, saying he ...
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‘E-Invoicing’ has been one of the most discussed topics for the past month and it has made its way to the to-do lists of all large corporates having G ...
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The National Anti-Profiteering Authority (NAA) found M/s S3 Buildwell Private Limited guilty of profiteering but did not impose the penalty for denyin ...
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JOINING THE demand by non-BJP ruled states that the Centre should borrow to meet the compensation deficit under the Goods and Services Tax (GST) regim ...
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The tussle between the Centre and states over the goods and services tax (GST) compensation is “the biggest tension point in the federal system", Kera ...
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Telangana Chief Minister K Chandrasekhar Rao has urged Prime Minister Narendra Modi to drop the proposal asking the states to go for borrowing to meet ...
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After rejecting the Centre's two borrowing options on goods and services tax shortfall compensation, the Opposition-ruled states have demanded that th ...
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The gross GST collection in August stood at Rs 86,449 crore, down from Rs 87,422 crore collected in July, the Finance Ministry said on Tuesday.The rev ...
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Delhi Chief Minister CM Arvind Kejriwal on Tuesday (September 1) wrote to Prime Minister Narendra Modi over Goods and Services Tax (GST) compensation ...
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The government on Monday extended by 2 months the due date for filing of annual GST returns for 2019-20 by composition dealers to October 31. This is ...
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As many as seven non-BJP ruled states, including Kerala and Punjab, besides Union Territory Puducherry on Monday rejected the central government's sug ...
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Punjab has demanded the setting up of an arbitration mechanism provided under the GST laws to settle disputes, even as several Opposition-ruled states ...
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Chief Minister Edapaddi K. Palaniswami has written to Prime Minister Modi urging him agree to a mechanism in which the Centre would raise the required ...
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The government is unlikely to give in to demands for changing the compensation formula for goods and services tax (GST) despite opposition-ruled state ...
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The GST Network on August 29 started providing auto-drafted input tax credit (ITC) statement GSTR-2B which would assist the taxpayers in determining t ...
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West Bengal finance minister Amit Mitra on Sunday said that the Centre's suggestion to states to borrow for meeting the shortfall in revenue from Good ...
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A number of states, particularly opposition-ruled ones, are set to reject the two borrowing options proposed by the Centre to meet the deficit in the ...
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The Goods and Service Tax (GST) compensation fund can continue beyond the five-year transition period if a steep fall in revenue from the levy means t ...
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The Reserve Bank of India (RBI) is likely to prefer that the Centre borrows and gives money to the states toward goods and services tax (GST) compensa ...
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The two-wheeler industry’s hopes were dashed on August 27 when Finance Minister Nirmala Sitharaman made no announcement about a reduction in goods and ...
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A GST rate cut would be positive for two wheelers and boost their earnings per share, global brokerage CLSA said on Friday.Indian Finance Minister Nir ...
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Kerala is set to reject both borrowing options put on the table by the Centre to meet the GST compensation shortfall for FY21, even as other states qu ...
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The Centre on Thursday offered two options to states to compensate them amid inadequate cess collections under the goods and services tax (GST) regime ...
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The Centre and states on Thursday converged on the need to borrow more funds to meet the latter’s compensation requirement due to an estimated Rs 3-la ...
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With dwindling GST collections due to pandemic induced lockdown and sluggish recovery in demand, GST Council in its 41st meeting is likely to delibera ...
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The observation by the finance ministry that the two-wheeler sector merits a lower GST (goods and services tax) rate may result in another round of st ...
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The two options presented by finance minister Nirmala Sitharaman towards the end of the marathon GST Council meeting on Thursday have left states with ...
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A good news may come for two-wheeler companies and the customers as the GST Council meeting on Thursday. Finance Minister Nirmala Sitharaman had signa ...
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Central Board of Indirect Taxes and Customs (CBIC) on Wednesday clarified that Goods and Services Tax (GST) authorities will not recover interest from ...
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A day earlier than the crucial GST Council meeting to debate compensation cost to states, states ruled by opposition events accused the Narendra Modi ...
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States may need compensation in the range of Rs 3.1-3.6 lakh crore this year for a “shortfall” in GST collections, with additional market borrowings a ...
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Finance Minister Nirmala Sitharaman on Tuesday said the Goods and Services Tax (GST) Council would look into the auto industry’s demand for lowering t ...
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The Covid-19 pandemic has worsened the economic slowdown in India. The slowdown was evident with a slide in the GDP growth rate since the last quarter ...
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The Reserve Bank on Tuesday suggested setting up GST Council type apex authorities for land, labour and power to drive structural reforms and expedite ...
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GST, which subsumed about 17 local levies, was rolled out on July 1, 2017. Jaitley held the finance portfolio in the first term of the Modi government ...
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Public health groups along with doctors and economists have urged the GST Council to increase compensation cess on all tobacco products which is expec ...
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Ahead of the GST Council meeting on 27 August, the All India Food Processors’ Association (AIFPA), an industry body that represents several large and ...
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The Delhi High Court (HC) on Monday heard 37 goods and services tax (GST) anti-profiteering writ petitions, including ones filed by Johnson & John ...
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Regional beverage makers are facing heightened scrutiny from GST officials over tax evasion as many of them were found to be claiming that their proud ...
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"Aadhaar authentication for new registration would substantially enhance ease of doing businesses for genuine businesses," he said. "This measure is e ...
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The CBIC has asked GST field offices to conduct hearings in GST appeal cases via video conferencing for their expeditious disposal while ensuring soci ...
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The Indian Beverage Association (IBA), which represents the country’s biggest soft drinks makers including Coca-Cola, PepsiCo, Parle Agro and Red Bull ...
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In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said when an applicant for GST registration opts for authentication of Aadha ...
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The Goods and Services Tax (GST) Council has scheduled two important meetings on August 27 and September 19. Finance Minister Nirmala Sitharaman had e ...
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In a first of its kind order dated 14th Aug 2020, the National Anti-profiteering Authority (NAA) has given a reprieve to a real estate company despite ...
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The Goods and Services Tax (GST) Council has scheduled two important meetings on August 27 and September 19, according to senior Government sources. F ...
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The National Anti-Profiteering Authority (NAA) found M/s Eldeco Infrastructure & Properties Private Limited guilty of profiteering but did not imp ...
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The much-awaited Goods and Services Tax (GST) Council meeting is likely to be held on August 27 and another meeting will be scheduled on September 19, ...
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The Madhya Pradesh High Court granted the bail to the promoters of Bhopal based Som Distilleries for alleged Tax Evasion on furnishing a personal bond ...
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GST Network on Tuesday said it has enabled a functionality to help GST payers know their input tax credit (ITC) eligibility in their Annual Return, ma ...
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The Rajasthan High court directed the GST Council to issue a recommendation to the Commissioner to enable petitioners to get the benefit of CENVAT cre ...
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A public interest litigation (PIL) was on Friday moved in the Delhi High Court seeking direction to the center to classify masks and sanitizers as ess ...
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A Group of Ministers has agreed that states can individually decide to make e-way bills mandatory for the movement of gold within their territory to c ...
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The Punjab and Haryana High Court directed the GST Authorities to consider PIL for reclassification of Ayurvedic/ Unani/ Siddha (AUS) Ingredient Based ...
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The Kerala High Court upheld the inspection, search and seizure under Section 67 of the CGST Act for goods kept under illegal custody and an amount of ...
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A proposal by a group of ministers for GST amendment on the gem and jewellery sector elicited a mixed response from the trade.To plug loopholes in col ...
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The Madras High Court issued the notice to the Commissioner and Assistant Commissioner of Central Excise and GST for various TRAN issues. In the writ ...
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The Prime Minister has launched a tax reform programme that would further reduce the personal interaction between taxmen and taxpayers. This is meant ...
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The GST collection in the district, which took a severe beating in April this year due to the lockdown, has charted a recovery path. While it has grow ...
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The GST intelligence officials have detected over Rs 17 crore tax evasion by a major cement manufacturer in Satna and arrested one of its directors, a ...
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Filing goods and services tax (GST) returns will be easier with technological changes set to be introduced over the next few months, while putting on ...
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The Authority of Advance Ruling (AAR), Karnataka ruled that 12% GST applicable to manufacturing and supplying of the Railway parts including knuckle, ...
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The upcoming GST Council, which shall meet on only single point agenda, anytime in August, to iron out measures to meet the compensation requirements, ...
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The Telangana Authority of Advance Ruling (AAR) held that the applicant, M/s. Daicel Chiral Technologies (India) Private Limited is not eligible to av ...
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The Telangana State Authority of Advance Ruling (AAR) ruled that 5% GST is applicable on food supplied to hospitals including private hospitals, gover ...
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In an effort to plug goods and services tax (GST) evasion and frauds and ease compliance, the existing GST return filing system is being enhanced to h ...
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The National Anti-Profiteering Authority (NAA), while imposing a penalty on a Company for not reducing the base price despite the GST rate reduction f ...
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The Madras High Court directed the Commercial Tax Officials Goods and Service Tax Network(GSTN) for migration or transition of credit.The petitioner, ...
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Smooth execution sans technical glitches is critical for the revamped and simplified goods and service tax (GST) return filing system, said experts.Th ...
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Coaching classes are not exempt from the Goods and Services Tax (GST) and will attract a GST at 18 per cent, this was reiterated by a ruling given by ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the Functionality to file revocation application for canceled GST Registrat ...
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The Kerala GST department on Tuesday mandated the generation and quoting of Document Identification Number (DIN) on any communication to GST Taxpayers ...
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The Authority of Advance Ruling (AAR) Maharashtra came up with a ruling that clarifies that immovable properties with no distinct goods and services w ...
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Implementation of e-invoicing for companies over Rs 500 crore revenue will begin from October 1, the Group of Ministers on information technology for ...
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The Goods and Services Tax (GST) Portal has enabled the offline tool to prepare to form GSTR-4 Annual Return by Composition Taxpayers. An EXCEL based ...
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The Goods and Services Tax ( GST ) Portal has restored the GST Returns data for the year 2017. In a statement published in GST Portal said that, ...
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The Madhya Pradesh Authority of Advance Ruling (AAR) ruled that the amount recovered by the applicant, Atal Bihari Vajpayee Institute of Good Governan ...
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Businesses used to under-report their turnovers and investment sizes, sometimes floating new companies and carving out part businesses to them, in ord ...
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Taxpayers can look forward to fewer glitches on the Goods and Service Tax (GST) portal while filing returns and submitting documents as the portal has ...
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The state governments, which are at the frontline of addressing the COVID-19 pandemic, are facing a severe revenue shock, which could be exacerbated b ...
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The pandemic and high GST rates have forced Toyota Kirloskar Motor to postpone the launch of the hybrid version of some of its models even as the curr ...
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The Punjab government has suffered a dent of 38% in its gross goods and services tax (GST) collection in the first four months of the current fiscal d ...
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The Delhi HC via video conferencing allows Samsonite to deposit the principal profiteered amount of Rs. 21.2 crores (after adjustment of Rs. 3 crores ...
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The Gujarat High Court has allowed a footwear company to claim credit for taxes paid on service inputs under the goods and services tax (GST) regime, ...
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Goods and Services Tax collections in India are limping back to normalcy with the government clocking gross GST revenue of Rs 87,422 crore in July 202 ...
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The Delhi Goods and Service Tax Department notified the Delhi Goods and Services Tax (Tenth Removal of Difficulties) Order, 2019.For the purpose of fu ...
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The Central Board of Indirect Taxes and Customs (CBIC) has notified e-invoicing for businesses with turnover above Rs 500 crore, increasing the thresh ...
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The staff and officials at the GST Network (GSTN), the IT backbone of the GST, are apparently disappointed at the government's decision to junk the ne ...
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A two-judge bench of the Gujarat High Court has categorically held that the Explanation (a) to Rule 89(5) of the CGST Rules which denies the refund of ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) on Thursday notified the Schema for E-Invoice for implementing e-invoicing, a form of electro ...
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The Attorney General has opined that there is no obligation on the central government to pay the GST compensation shortfall to states and the GST Coun ...
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Three years since the grand launch of the GST regime in 2017, the government has for the first time admitted that it has no money to pay the state gov ...
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States are under fresh pressure to agree to rationalisation of GST rates by reworking slabs and raising the levy on garments and footwear as the Centr ...
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Agents transporting goods like arecanut to other states take GST registration in the name of economically backward people; if the consignment is caugh ...
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The attorney general has said the Goods and Service Tax (GST) Council can decide whether a market borrowing mechanism can be established to compensate ...
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The Centre made up a 42% shortfall in Goods and Services Tax compensation cess collection in 2019-20 by using balance of cess from previous years, plu ...
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In light of the ongoing difficulties being faced by the Indian auto industry, the government is in the process of formulating a policy that would driv ...
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The Centre has released the last tranche of GST Compensation amounting over ₹13,000 crore to States and Union Territories. With this, the total pay-ou ...
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As many as 1,474 exporters have gone untraceable after fraudulently claiming over Rs 2,000 crore of integrated GST (I-GST) refunds, in what shows the ...
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The Commissioner of Kerala Goods and Service Tax issued the detailed guidelines in the form of a circular so as to guide people to file the periodic r ...
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The Delhi High Court on Friday stayed the penalty proceedings initiated against Patanjali Ayurved for allegedly profiteering Rs 75 crore through sale ...
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Praja Arogya Vedika (PAV) has appealed to Union Finance Minister Nirmala Sitharaman to exempt all COVID-19 related equipment/products, including soaps ...
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A racket involved in fradulently availing Goods and Services Tax (GST) credit has been busted in Surat by Directorate General of Goods and Services Ta ...
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On 21.05.2020 when the matter came up for admission court directed the learned Counsel to get specific instructions as to how much amounts can be paid ...
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The government plans to improve existing GST return filing system instead of rolling out a new model. The new system was supposed to be launched on 1 ...
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The government will notify a new GST e-invoice scheme under which businesses with turnover of Rs 500 crore and above will generate all invoices on a c ...
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The Chhattisgarh High Court directed the Commissioner to refer the matter to the GST Council so as to allow TRAN-1 & TRAN-2 return filing if failu ...
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GST rates can be reduced further once the tax base increases and everyone pays taxes properly, Finance Secretary Ajay Bhushan Pandey said on Thursday. ...
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The Maharashtra Authority of Advance Ruling (AAR) ruled that Input Tax Credit (ITC) cannot be claimed on the purchase of paver blocks laid on land.
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The Directorate General of Goods and Service Tax Intelligence unveiled evasion of tax of more than Rs 72 crore by a racket of clandestine clearance of ...
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The Authority for Advance Ruling(AAR) of Andhra Pradesh ruled that 18% Goods and Services Tax (GST) applicable on renting the Non-Air conditioned buse ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the Filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal.
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The applicant has sought the advance ruling on the issue of whether Input tax credit on Purchase of Lift would be available to Hotel as it has been us ...
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The Authority consisting of its members Manoj Kumar Chobey and Virendra Kumar Jain ruled that the applicant is eligible to avail the ITC on the purcha ...
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The Gujarat high court has recently quashed GST department's recovery orders because they were passed after the firms and traders failed to remain pre ...
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National Anti-profiteering Authority (NAA) has upheld profiteering allegation against Mahindra Lifespaces for its Chennai-based Avadi project.The alle ...
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The Madras High Court has ruled that the time limit for availing transitional credit is mandatory and not directory. This is just opposite to the De ...
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The Central Board of Indirect Taxes and Customs (CBIC) on Friday notified to clear pending GST registrations under ‘special drive’ by July 30, 2020. ...
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The government has blocked fraudulent Goods and Services Tax (GST) refund claims worth Rs 1,875 crore involving 1,377 exporters after their addresse ...
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The High Court of Calcutta has held that the taxpayer is empowered to make a copy of the seized document under Section 67 (5) under Chapter XIV of the ...
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NEW DELHI: Over 1,300 exporters who had claimed GST tax refunds of Rs 1,875 crore were untraceable at their principal place of business in a massive v ...
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Collection of revenue under Goods and Services Tax (GST) from centrally administered assessees in West Bengal dropped marginally in June 2020, an of ...
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The High Court of Rajasthan allowed the bail to the person alleged to have created fake invoices to wrongfully availing input tax credit (ITC). T ...
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The Andhra Pradesh Authority of Advance Ruling (AAR) ruled that the business of the applicant, Shilpa Medicare Limited of Andhra Pradesh unit, as a ...
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It is stated that hand sanitizers attract GST at a rate of 18%. Sanitizers are disinfectants like soaps, anti-bacterial liquids, Dettol, etc which a ...
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Many exporters are facing a working capital crunch as they have run into refund problems after a recent government circular said exporters would not b ...
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The Andhra Pradesh Authority of Advance Ruling (AAR) ruled that the Goods and Service Tax (GST) is not applicable to the supply of mud engineering s ...
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The government has extended the due date for filing annual return by composition dealers for 2019-20 till August 31. The Central Board of Indire ...
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The High Court of Calcutta has held that the taxpayer is empowered to make a copy of the seized document under Section 67 (5) under Chapter XIV of t ...
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The Authority consists of members J.K. Meena and Sarita S. Gadgil ruled that Alcohol-Based Hand Sanitizers manufactured by the applicant are covered b ...
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Consensus has guided 40 meetings of the Goods and Services Tax (GST) Council since its inception, but differences between the Centre and fiscally st ...
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In a setback to a Nariman Point cooperative housing society (CHS), the GST-Authority for Advance Rulings, Maharashtra, has held that its activities ...
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The government’s GST probe body has held that Hyderabad’s Prasad Cinema profiteered as it failed to reduce ticket prices even after the applicable goo ...
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Bringing petrol and diesel under the Goods and Services Tax (GST) regime will help retail consumers, commercial entities and oil companies. The fixing ...
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The GST anti-profiteering authority has found Ghaziabad-based Gaursons Realtech guilty of not passing on lower tax rate benefits worth Rs ...
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Witnessing a sharp decline in the GST revenue due to the pandemic and the following lockdown and disruptions in economic activities across the count ...
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Membership or admission fee collected by clubs cannot be termed as supply of service and therefore is not liable to goods and services tax (GST), th ...
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The High Court of Punjab and Haryana directed the Goods and Service Tax (GST) Authority to permit Petitioner to upload TRAN-I on or before June 30, ...
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The Authority ruled that GST is applicable to IT software related consulting services in Oracle ERP as the said activity satisfies the conditions of S ...
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After the June Goods and Services Tax (GST) Council meeting, Finance Minister Nirmala Sitharaman had said the government was planning to have a single ...
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The central government has moved the Supreme Court challenging a Delhi High Court (HC) order that allowed Bharti Airtel to claim goods and services ta ...
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Multiple goods and services tax (GST) rates have now become a bone of contention between hand sanitiser manufacturers and the government.
Last mont ...

The CBIC on Tuesday said the GST Implementation Committee is considering the demand for extending the due date for filing of annual return for 2019-20 ...
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The Authority consists of members Manasa Gangotri Kata and Thiru Kurinji Selvan V.S., while saying TANGEDCO is a ‘Government Entity, ruled that GST is ...
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A recent observation by Maharashtra Authority of Advance Rulings (AAR) resulted in the ruling that GST will not be applicable if the Indian proj ...
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The Maharashtra Authority of Advance Ruling (AAR) ruled that 12% of GST is applicable to the agreement of supply of services in relation to transporta ...
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A recent GST ruling of the West Bengal Authority of Advance Ruling has mandated that a resolution professional since he is selling goods, has to be re ...
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The applicant sought the advance ruling on the issue of whether the Goods and Services Tax is applicable to the accounting entry made for the purpose ...
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A firm that provided software-related consultancy services in Oracle ERP sought AAR seeking a ruling on whether the services provided by it to the for ...
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Consensus has guided 40 meetings of the Goods and Services Tax (GST) Council since its inception, but differences between the Centre and fiscally stre ...
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The Goods and Services Tax portal has today said that the system has not been updated according to the change in the late fee for the delay in GSTR-3B ...
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The Goods and Services Tax Network ( GSTN ) has issued the advisory on filing NIL Form GSTR-1 through SMS on GST Portal. A taxpayer may now file NIL F ...
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Goods and service tax (GST) collections for June 2020 clocked Rs 90,917 crore at gross levels, 9% lower than the same month last year.The collections ...
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Worried over huge losses due to Covid-19, auto parts manufacturers in Ludhiana are demanding that Goods and Services Tax (GST) be reduced from 28% to ...
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Moving further towards a simplified and technology-enabled robust GST system is not only critical for sustainable growth but also imperative for ease ...
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GST faces its toughest test as it enters its fourth year. The upcoming challenge to GST, however, does not stem from its design or structure or the wa ...
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The central government’s share in the goods and services tax collected in April and May fell to about a third of what it was a year earlier as the Cov ...
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The central government has no other go, but to borrow from the market and make up for states’ Goods and Services Tax (GST) losses even though this obl ...
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The government collects GST from everyone but sometimes we are not able to process GST returns, now taxpayer traders in Goods and Services Tax (GST) c ...
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Real estate companies that opted for lower GST rates of 1 per cent and 5 per cent from April 1, 2019, but could not procure 80 per cent of the total s ...
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The Central Board of Indirect Taxes and Customs (CBIC) on Saturday notified the further extension of the limit for completion or compliance of any act ...
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Any borrowing by the GST Council to make good the shortfall in revenue of states would add up to the debt of both the central and state governments, t ...
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The Central Board of Indirect Taxes and Customs (CBIC) on 26-06-2020 issued the Corrigendum for the amended GST rates under GST Scheme and Waiver of l ...
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The Central Board of Indirect Taxes and Customs (CBIC) has notified waiver of late fee, capping of late fee at Rs 500 in some cases, interest payable ...
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The Commercial Taxes Department has sealed off an undeclared warehouse with imported goods worth Rs 4 crore in Bengaluru with 60 GST registrations lin ...
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Ready-to-eat popcorn, which is typically associated with fun times, will fall under the 18% GST bracket, Authority for Advance Rulings (AAR) said in a ...
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The applicant, M/s Nagri Eye Research Foundation is a Charitable Trust and is running a medical store where medicines are given at a lower rate and th ...
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Companies which have postponed vendor payments due to a liquidity crunch brought on by the Covid-19 crisis will have to face further working capital w ...
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The Authority consisting of Sanjay Saxena and Mohit Agarwal ruled that the applicant is eligible to claim exemption benefit under Sr. No.3 of Notifica ...
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The Gujarat Authority of Advance ruling (AAR) that the 28% (14% SGST and 14% CGST) of Goods and Service Tax (GST) is applicable to the manufacturing o ...
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In an effort to curb ‘benami’ businesses under the Goods and Services Tax (GST) regime, Kerala has become probably the first State to introduce second ...
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An individual, not engaged in any business, had filed an application before the Gujarat bench of AAR asking whether interest received from the savings ...
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Companies will not be able to claim an input tax credit (ITC) for GST paid on hiring commercial vehicles for transportation of employees, if providing ...
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GST will be levied on the sale of land for which primary amenities - such as drainage, waterline, and electricity - have been provided by real estate ...
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The Commissioner of State Tax, Kerala issued circular empowering the enforcement squads to conduct verification in the business place of such new GST ...
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The Supreme Court of India today stayed Delhi High Court Judgment directing GST Department to open the facility to file GST Tran-1 till 30th June 2020 ...
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In what could lead to a major setback for the real estate sector, the Gujarat Advance Ruling Authority (AAR) has recently passed an order saying that ...
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The Gujarat Authority of Advance Ruling (AAR) ruled that 18% of GST is applicable to the royalty paid for Licensing services for the right to use mine ...
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The value of exempted income, like interest on PPF, savings bank account and loans given to family/friends, will be included along with taxable suppli ...
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Several aviation, hospitality, and telecom companies are facing the dual burden of paying Goods and Services Tax (GST) dues in cash even as input tax ...
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The Gujarat Authority on Advance Rulings has said that goods and services tax (GST) will be payable on goods sold to an overseas customer shipped dire ...
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Indore-based businessman Kishore Wadhwani has been arrested by the regional unit of the Directorate of GST Intelligence for alleged evasion of GST to ...
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The coffee growers and the coffee industry, which has financial loss estimated at ₹700 crore owing to lockdown due to COVID-19 pandemic, have demanded ...
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GST council's decision to waive late fee for assesses who have not filed any of their GST returns from July 2017 till March 2020 has raised several ey ...
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The High Court of Delhi recently directed the GST Authority to open an online portal to enable Petitioner to file revised declaration TRAN-1 electro ...
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It may not be politically palatable, but officials are pushing for quickly reworking GST slabs, along with a rise in levies, while correcting the inve ...
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After failing to get any major stimulus for the airline sector, major domestic airlines want the Government to allow the GST credit on spares be used ...
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Businesses applying for goods and services tax (GST) registrations have faced delays of as many as 60 days during the lockdown period, compared to the ...
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The Central Board of Indirect Taxes and Customs (CBIC) in a series of tweets clarified on Friday that the Authority of Advance Ruling (AAR) has decide ...
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The Goods and Services Tax Council on Friday decided to further ease compliance burden of businesses by providing relief on late free and interest pay ...
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In a relief to small taxpayers with turnover up to Rs 5 crore, the GST Council on Friday halved the interest on delayed filing of GST returns for Febr ...
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A non-finicky eater couldn’t care less if he or she is having rotis or parotas for dinner. After all, they are both a kind of Indian bread, typically ...
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The shortfall in goods and services tax (GST) cess collection, used for compensating states for their revenue losses, and the proposed compliance reli ...
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The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday said GST will not be levied on salaries paid to directors who are employees of the ...
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The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday extended data of transition under Goods and Service Tax (GST) of Daman & Diu &am ...
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The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday extended the validity of Electronic Way (E-way) (E-way) bills till June 30, 2020, fo ...
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Public health groups along with doctors and economists have urged the GST Council to levy a special COVID19 cess on tobacco products to raise the reve ...
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The Authority of Advance ruling (AAR) ruled on the applicability of Goods and Service Tax (GST) on ice cream, allied products, and milkshakes. The app ...
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The government allowed the filing of nil monthly returns of goods and services tax (GST) through an SMS-based facility, in a bid to facilitate the tax ...
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The new procedure called ‘turant customs’ seeks to offer quick clearance of imports after a remote and faceless assessment by officials located outsid ...
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Reduction in GST rate and introduction of scrappage policy would help in reviving the commercial vehicle sector which has been facing headwinds for qu ...
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The authority consists of Additional Commissioner of State Tax J. Laxminarayana and Joint Commissioner of Central Tax B. Raghukiran ruled that 18% of ...
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The GST Council is scheduled to meet on June 12 and likely to discuss the impact of the COVID-19 pandemic on tax revenues, sources said. The 40th meet ...
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As business activities came to a virtual standstill mode during the month of April owing to the COVID-19 pandemic-led lockdown, the goods and services ...
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Ahead of the Goods and Services Tax (GST) Council meeting next week, the Centre on Thursday released compensation worth Rs 36,400 crore to states for ...
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The lockdown has taken a toll on the collection of the Good and Service Tax (GST) with the district witnessing more than 67 per cent fall in tax colle ...
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The GST anti-profiteering authority has found Philips India guilty of not passing on GST rate cut benefit of more than Rs 4.53 lakh to consumers.The a ...
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The crippling burden of tax has eaten into the reserves of turf clubs, leaving them with few options to shore up their fortunes and raising the prospe ...
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The GST Council in its next meeting will discuss waiver of late fee for non-filing of GST returns for August 2017 to January 2020 period.In a tweet, t ...
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The Goods and Services Tax Network (GSTN) on Sunday announced a new registration functionality for erstwhile registered entities who are now corporate ...
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With many small and medium enterprises staring at bankruptcy or severe business disruption due to the Covid-19 crisis, large companies that buy raw ma ...
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Amid pressure on tax collection, the all-powerful GST Council meeting is likely to be held on June 14, the first such meeting after the outbreak of CO ...
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Central goods and services tax (CGST) collection stood at Rs 5,934 crore in April, a fall of 87 per cent compared with the Rs 46,848 crore collected i ...
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The finance ministry is not in favour of raising Goods and Services Tax (GST) rates even on non-essential items at a time its revenue collections are ...
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A body supporting farmers on Friday urged the Centre to be mindful of the financial distress of tobacco farmers amid the COVID pandemic and to reduce ...
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The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the supply of services made by the applicant in the form ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the facility for registration of Insolvency Resolution Professionals/ Resolution ...
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The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the work contract service provided by the applicant to th ...
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The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that the retrofitted vehicle merits classification under headi ...
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The Authority consisting of members M.P. Ravi Prasad and Mashud Ur Rehman Faruqui ruled that in the case of manufacture of Die by the applicant and in ...
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Consumer-facing companies including makers of biscuits, ayurveda products, soaps and shampoos have asked the government to reduce the goods and servic ...
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The Central Board of Indirect Taxes ( CBIC) on Monday said it has sanctioned GST refund claims worth Rs 11,052 crore in 47 days. In a tweet, the CBIC ...
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The state government has promulgated the Tamil Nadu Goods and Services Tax (Amendment) Ordinance, 2020 on Friday to amend the Tamil Nadu Goods and Ser ...
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The finance ministry has no plans to impose a calamity cess on the goods and services tax (GST) to raise resources for dealing with the Covid-19 pande ...
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India’s Finance Ministry has ruled out GST waiver or deference to businesses as part of the economic relief package to help them cope with the situati ...
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In line with the disaster relief cess introduced in Kerala last year following the monsoon floods of 2018, the central government is considering a cal ...
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The Government of Maharashtra issued the circular clarifying the procedure to be followed for approval of the speedy Goods and Service Tax (GST) refun ...
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Virtual hearing of all demand notices relating to indirect taxes including goods and services tax (GST) can be done through Whatsapp, authorities in T ...
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The Centre has released 15,340 crore to states as GST compensation despite insignificant tax collection due to relief provided in terms of filing of r ...
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The CBIC has asked GST risk management wing to conduct supply chain analysis to identify risky major suppliers to exporters and share it with jurisdic ...
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Businesses facing a cashflow squeeze due to the lockdown are grappling with deficiency memos that have stalled the release of goods and service tax re ...
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The government may not accept the industry’s demand to substantially reduce Goods and Services Taxes (GST) for six months to boost demand as the exemp ...
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The government is mulling ways to compensate states for the widening goods and services tax (GST) shortfall, which include borrowing from the market a ...
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The government may not accept industry demands to substantially reduce the Goods and Services Tax (GST) for six months to boost demand in the aftermat ...
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The Commissioner of Central Goods and Service Tax (CGST) on Monday issued guidelines for the virtual hearing of appeals and adjudication of indirect t ...
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The Turf Authority of India (TAI), the apex body of six race clubs in the country, has reiterated its request to the Centre for change in the applicab ...
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Finance Minister Nirmala Sitharaman on Sunday said GST compensation is due to all the states for the four-month period of December-March. "We are peri ...
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Goods and services tax authorities in some states have sent notices to companies seeking information about the remuneration of directors and the tax p ...
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The government has notified a retrospective amendment to the Central Goods and Services Tax Act to limit transitional credit to taxpayers. In doing so ...
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With the plummeting demand for discretionary goods, one can expect the consumer market players to offer multiple discount schemes such as upfront exce ...
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The Hon’ble High Court of Delhi has ruled that the stipulation of a time limit in Rule -117 is a directory in nature since there are no supporting pro ...
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The Authority headed by Chairman B.N. Sharma and Technical Members J.C. Chauhan and Amand Shah held that Samsonite has denied the benefit of reduction ...
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Both SIAM (Society of Indian Automobile Manufacturers) and FADA (Federation of Automobile Dealers Associations ) have been consistently requesting the ...
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The Indian Staffing Federation (ISF), the apex body of temporary workers industry in the country, has demanded the Union government to categorise its ...
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The government must try and increase the GST threshold to Rs 5 crore and also work towards lowering the average GST rates from the present 14% to spur ...
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Even as authorities of advance rulings (AARs) differ on the liability to pay the GST on salaries paid by firms to directors, some states have already ...
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The Shiv Sena said the Rs 20 lakh crore package announced by the Prime Minister Narendra Modi was needed, but added that he should have also talked ab ...
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Finance Secretary Ajay Bhushan Pandey on Wednesday said the clear picture regarding GST collections for April would emerge only by June 30 -- the dead ...
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The National Anti-Profiteering Authority (NAA), while imposing a penalty on a Company for not reducing the base price despite the GST rate reduction, ...
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The Tamil Nadu Authority for Advance Ruling (AAR) ruled that UHT Sterilized Flavoured Milk marketed under the brand name ‘Britannia Winkin’ Cow Thick ...
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The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that the supply of DVDs and CDs with Licensed Software cannot be treated as e-books for the ...
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The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that the supply of DVDs and CDs with Licensed Software cannot be treated as e-books for the ...
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The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that the supply of DVDs and CDs with Licensed Software cannot be treated as e-books for the ...
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The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that the supply of DVDs and CDs with Licensed Software cannot be treated as e-books for the ...
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The average number of e-way bills generated by businesses on the GST Network portal was 6 lakh/day in the week to May 11, twice the level in April, in ...
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In a significant ruling, the Karnataka Advance Ruling Authority has said that LIC’s maturity sum will not attract GST as it is not a service, putting ...
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Maharashtra Chief minister Uddhav Thackeray on Monday said that covid-19 pandemic and the lockdown has left the state with a ₹35,000-crore loss and th ...
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The controversy on whether remuneration paid to directors of a company is subject to Goods and Services Tax (GST) has been put to rest by a recent rul ...
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The Telangana government has sought 50 percent subsidy on yarn for the textile industry, from the Centre. Besides, it wanted the GST council to consid ...
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The Karnataka Authority of Advance Ruling (AAR) ruled that the concession rate of 5% of Goods and Service Tax (GST) is not applicable to the sale of M ...
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The authority consisting of the members Dr. Ravi Prasad and Mashhoodur Rehman Farooqui ruled that 9% of KGST and 9% CGST will be applicable on the auc ...
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The Karnataka Authority of Advance Ruling (AAR) ruled that the concession rate of 5% of Goods and Service Tax (GST) is not applicable to the sale of M ...
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The Central Board of Indirect Taxes and Customs (CBIC), issued the clarification in respect of certain challenges faced by the registered persons in t ...
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The Delhi High Court has ruled that the time limit for the collection of transitional credit or input tax credit (ITC) is a directive and not mandator ...
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The Delhi high court has allowed Bharti Airtel Ltd to rectify its Goods and Services Tax (GST) returns of ₹923 crores for July-September 2017. The gov ...
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In a notification dated May 5, the Central Board of Indirect Taxes and Customs (CBIC) has allowed registered persons to furnish GSTR-3B verified throu ...
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In a landmark judgment that may have a severe impact on both state and Central government revenues, the Delhi High court has allowed all taxpayers to ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) has cautioned the Taxpayers from Fake Messages on GST Refunds. It has been observed that some ...
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The COVID-19 outbreak and nationwide lockdown is severely denting the revenue collections of states pushing them to look at possible revenue earning m ...
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Bringing fuel under GST ambit and deferment of vehicle EMIs for a few more months are some of the requests made by cab and autorickshaw drivers who ar ...
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GST officers would have to audit and assess taxpayers via video-conferencing instead of undertaking physical visits amid the coronavirus pandemic, and ...
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The government on 1st May deferred the release of April GST revenue collection data as the ongoing lockdown and extended return filing deadline led to ...
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The High Court of Telangana held that penalty under the GST Acts cannot be levied on the ground of ‘wrong destination’ and any action of collecting pe ...
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The process of recovery of interest cannot be initiated against businesses under GST laws without a prior show cause notice and adjudication proceedin ...
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The Karnataka Authority of Advance Ruling ( AAR ) ruled that 2.5% Central Goods and Service Tax (CGST) and 2.5% of Karnataka Goods and Service Tax (KG ...
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Month's GST collections for Andhra Pradesh, West Bengal, Assam crashed due to coronavirus-induced lockdown; Centre's net April collections may drop fr ...
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Goods and services tax (GST) collections are set to fall drastically in April and May with the number of electronic permits or e-way bills generated f ...
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The Central Board of Indirect Taxes and Customs (CBIC) notified 21 April 2020 as an effective date for Rule 87(13) of Central Goods and Service Tax (C ...
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The Income Tax Department on Monday deferred for the third time the requirement for companies to include in their Income Tax audit report the details ...
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The Madras High Court on Tuesday issued notice to the Union government on a PIL seeking removal of the 18 percent GST on sanitizers and 5 percent GST ...
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Opposition-ruled states including Punjab, Kerala, and Delhi pitched for extension of goods and services tax compensation to the states for two years b ...
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Industry body Federation of Indian Chambers of Commerce & Industry (FICCI) has sought to subsume all levies like royalty and contributions to ...
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India is considering a goods and services tax (GST) relief package to counter the impact of Covid-19 and help prop up the economy, said people with kn ...
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The Central Board of Indirect Taxes (CBIC) has cleared over Rs 10,700 crore worth refunds in GST and customs duty between April 8-23. In the 'Special ...
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In a case involving about 42 single rooms having been sublet by a tenant to students for periods ranging between three months to 11 months, AAR noted ...
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The applicant, MeghaAgrotech Private Limited is engaged in the business of manufacturing and supplying of LLDPE Pipes and micro-irrigation systems and ...
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The Authority of Advance Ruling (AAR) ruled that Input Tax Credit can be claimed on the ‘second-hand gold jewellery’ only in the case if it is purchas ...
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The post-Covid economic scenario will be extremely cost-sensitive. Seamless flow of ITC can greatly reduce cost stress. During lockdown, companies wil ...
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"Considering that the entire country is facing unprecedented challenges due to the COVID-19 pandemic, and that the exporters are facing genuine hardsh ...
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The Madhya Pradesh High Court on Tuesday granted bail to an accused person arrested in a GST evasion case by considering that he was kept in the jail ...
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The petitioners approached the High Court for relief contending that the impugned letter issued by respondent demanding interest amount on the alleged ...
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Infosys is "extremely mobilised" on the GST Network enhancement project and work is progressing at "full speed" even as a large segment of its employe ...
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The Apparel Export Council of India has said that it does not mind paying GST and has not requested any Goods and Services Tax (GST) exemption from th ...
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The Applicant filed an application before the Standing Committee on Anti-profiteering stating that the respondent, the Reckitt Benckiser India Pvt.Ltd ...
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The government is unlikely to exempt GST on medical items like ventilators, PPEs, masks, test kits, and sanitisers, as it would lead to a blocked inpu ...
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The government is holding back on any GST rate reduction for items like PPE, ventilators, test kits, and sanitisers, as this could end up encouraging ...
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The complaint against the respondent-restaurant, N Rai Delights LLP, was that after the GST rate reduction in November 2017 where the rates were decre ...
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Government’s tax experts have advised the finance ministry against removing Goods and Services Tax (GST) on personal protective equipment (PPEs) becau ...
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With businesses moving at a slow pace owing to the novel coronavirus outbreak, the Central Board of Indirect Taxes and Customs (CBIC) has decided to e ...
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In a bid to help the GST taxpayers amid the Coronavirus crisis, the Central Board of Indirect Taxes and Customs (CBIC) has processed about 12,923 refu ...
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The applicant, ManmohanLalmanAgarwalapproached the High Court for an anticipatory bail in the event of their arrest in connection with the offense pun ...
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The Supreme Court on 17th April asked the Centre to complete its probe within three months against a man who created 555 fake firms to dupe the g ...
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The Rajasthan Authority of Advance Ruling (AAR) ruled that supply of water as a part of maintenance service despite separate contracts and the Goods a ...
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The Gujarat High Court held that Godown of dealers cannot be sealed by Goods and Service Tax (GST) authorities without having reasons to believe that ...
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The Authority of Advance Ruling (AAR), Uttrakhand ruled that the transfer of under-construction projects under the ‘Business Transfer Project’ is exem ...
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With the nationwide COVID-19 lockdown extended till May 3, the territorial administration is now solely banking on Goods and Services Tax compensation ...
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The government will give refunds to businesses for goods and services tax paid on orders that were cancelled by customers due to the national lockdown ...
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In a move that would benefit the aviation and hospitality sectors, which have seen mass cancellation of bookings due to the nationwide coronavirus loc ...
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The High Court of Madras through the video conferencing denied the Korean Nationals release from the Special Camp on the grounds of COVID-19 lockdown ...
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The News Broadcasters Association today urged Finance Minister Nirmala Sitharaman to remove the 18 percent GST on advertisements on broadcast media or ...
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The Union government is exploring raising a loan to pay the shortfall of the Goods and Services Tax (GST) compensation amount to States as the latter ...
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States have started demanding early release of GST compensation for FY20 in view of the COVID-19 crisis putting the already stretched financial positi ...
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M/S Skipper Limited was required to furnish a bank guarantee equivalent to the amount of his liability determined under Section 129 of the Uttar Prade ...
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It’s not all gloom and doom. In these unprecedented times, a number of companies are keeping their promise to honour offers made to campus hires.Among ...
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Rising trade war between the US & China has pushed South Korean companies to consider moving some of their factories from China to India.The Korea ...
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Aligned to measures taken by countries around the globe for countering the COVID-19 economic impact, the Indian Government last week had announced a s ...
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With the lockdown hitting transactions as well as tax payments by businesses in the last week of March, the government’s gross GST revenue in April co ...
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Reeling under a huge revenue loss due to the ongoing lockdown to check the spread of coronavirus, Punjab on Friday received goods and services (GST) c ...
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The Gujarat government has decided to make appropriate changes in the state Goods and Services Tax (GST) Act to provide relief to taxpayers in view of ...
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The Kerala High Court directed to release the seized goods which were detained on the ground of bonafide misclassification of goods.While presiding ov ...
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The central government released the second installment of goods and services tax (GST) compensation to states, of over Rs 14,100 crore, for the Octobe ...
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The assessee, Binani Cement suffered huge losses and was unable to pay the debts to the Financial Creditor i.e. Bank of Baroda. Consequently, The Bina ...
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The finance ministry is set to release Rs 20,000 crore in pending goods and service tax (GST) compensation to states soon. This will not be from the c ...
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Companies will have to pay GST on the remuneration they dole out to directors, the Authority for Advance Ruling (AAR) has said.In an application filed ...
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The government managed to rake in just over Rs 18,000 crore through integrated GST (IGST) on imports in March, the lowest since the new tax regime kic ...
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The Goods and Services Tax Network (GSTN) has enabled over 20,000 registrations and processed about 8,000 refund cases till April 3, 2020, during the ...
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Smartphone maker Honor said it will absorb the GST hike on mobile phones and not raise prices of its handsets. The government had last month increased ...
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The government has temporarily lifted restrictions imposed on businesses to avail GST credit for February to August, a move that would help businesses ...
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The government extended the validity of e-way bills till April 30, which were set to expire between March 20 and April 15, giving a big relief to an i ...
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Maharashtra Deputy Chief Minister Ajit Pawar has written to Union Finance Minister Nirmala Sitharaman seeking Goods and Services Tax (GST) exemption f ...
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Facing aggravated fiscal woes due to the lockdown, states have demanded an immediate release of their pending goods and services tax (GST) dues by the ...
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The functionality of tracking the status of the refund application has been available on the GST portal. By utilizing this functionality, the taxpayer ...
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Goods and services tax collections for March stood at Rs 97,597 crore, falling way short of Rs 1.15 lakh crore target set by the government. Rs 1.05 l ...
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Goods and Services Tax (GST) collections for March saw an 8% decline over the same month a year ago to the lowest in five months, and auto sales in th ...
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Trucks carrying goods have sought government intervention for extending the due date of payment of road tax and GST to September 30 amid growing conce ...
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Having found various instances of export fraud under the Goods and Services Tax regime, the government has now proposed measures to address the abuse. ...
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The Authority of Advance Ruling (AAR) held that 5% of Goods and Service Tax (GST) is applicable to the supply of waste paper and transportation servic ...
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More than Rs 10 lakh is the GST paid by Rajya Sabha MP - A Vijayakumar, for the purchase of emergency health care equipment for the Kanyakumari govern ...
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The impact of the novel coronavirus outbreak has been felt in the collection of the Goods and Services Tax (GST) for February, with the government col ...
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CBIC has issued Notification, which provides special procedures under GST for corporate debtors undergoing corporate insolvency resolution process (CI ...
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Printing and supply of textbooks and printed materials, annual reports, receipt books, measurement books, and logbooks, when supplied to government de ...
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Having heard the parties and having gone through the materials on record, Bench was of the view that the writ-applicant is entitled to seek the benefi ...
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Mobile handset manufacturers have claimed that the recent 50% hike in GST rate was ‘erroneously’ based on the premise that the pre-GST excise duty rat ...
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A two-judge bench of the Orissa High Court, last week has directed the Government administrative departments to provide instructions for the reimburse ...
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The Bombay High Court has recently held that the time limit prescribed to file TRAN-1 under Rule 117 of the Goods and Services Tax Rules is not ultra ...
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IRPs appointed under the Insolvency and Bankruptcy Code (IBC) have approached the finance ministry, seeking clarity on several aspects regarding the C ...
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The tax department has the power to impose a time limit for use of accumulated credits from the erstwhile indirect tax regime, the Bombay High Court h ...
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The Authority of Advance Ruling (AAR), West Bengal ruled that 12% of GST is applicable to the composite supply of work contracts for Metro & Monor ...
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The Central Board of Indirect Taxes and Customs has issued clarifications in respect of issues under GST law for companies under the Insolvency and Ba ...
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Chinese smartphone brand Realme said it would not pass on the GST hike to users with its new Narzo series as the company has decided to absorb the cos ...
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The deferred filing of Goods and Services Tax returns won’t provide much of a breather for mobile phone manufacturers, which face a 6 percentage point ...
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Deputy CM Sushil Kumar Modi said the earlier orders issued to attach the bank accounts of tax defaulters for not clearing dues worth Rs 375 crore befo ...
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The Authority of Advance Ruling (AAR) West Bengal ruled that the ‘phytotherapy’ is not exempted under Goods and Service Tax (GST) and so it needs to b ...
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In order to provide economic and mental relief to the country as the coronavirus pandemic spreads, Union Finance Minister Nirmala Sitharaman on Tuesda ...
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The Ministry of Finance has extended the deadlines for filing returns of goods and services tax (GST) in view of the coronavirus crisis and difficulti ...
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Fearing huge financial burden owing to cancellation of conferences as well as marriage and banquet bookings to stave off coronavirus (COVID-19) spread ...
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Companies under Insolvency and Bankruptcy process must avail a fresh GST registration within 30 days of a resolution professional being appointed for ...
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The Supreme Court on Friday stayed the general orders passed by the High Courts of Allahabad and Kerala which restrained all recovery proceedings by t ...
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Two officials who worked in the Goods and Services Tax office in Pune in 2019 received a lenient sentence in a corruption case on 21 March due to the ...
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For millions of small businesses struggling with a slowing domestic demand over the last few quarters, the collapse of economic activities due to the ...
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The Delhi High Court has ruled that the Service Tax Audit under Goods and Service Tax (GST) is permissible. The petition was filed by Aargus Global Lo ...
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The central government has given Rs 1,051 crore less compensation to the Gujarat government for its GST losses, the government informed in the assembl ...
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World Researchers Association is an international not for profit company incorporated under section 8 of Companies Act, 2013 & registered U/s. 12A ...
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The shock of demonetization in 2016, the haphazard implementation of GST and the liquidity crisis that followed the collapse of IL&FS made MSMEs a ...
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Virtual lockdown and closure of offices across states will have an impact on GST collections in March and April even as taxpayers demand an extension ...
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A large number of proprietorship/partnership firms registered with Gautam Buddha Nagar and other Commissionerates of Delhi NCR which were connected an ...
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Even as the government aims to make GST more streamlined every day, the fraud cases related to fake GST invoices are on a rise. The fraud cases relate ...
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The authority observed that the applicant is a registered person and when he undertakes electroplating activities on the goods belonging to another re ...
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City businessmen into textiles and garments have heaved a sigh of relief after the GST Council, in its meeting held on Saturday, did not hike the rate ...
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Patanjali Ayurveda Ltd has been fined Rs 75.08 crore by the National Anti-Profiteering Authority (NAA) for not passing the benefits of goods and servi ...
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Handset makers and mobile retailers said the proposed GST hike on mobile phones is a “counter-intuitive and insensitive” move that will place an addit ...
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The GST Council, in its 39th meeting, has extended the due date for filing GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) for the Finan ...
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The GST Council, in its 39th meeting, decided to defer the facility of E-invoice, QR Code and E-Wallet Scheme. A certain class of registered persons ( ...
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In a big relief for businesses, the Goods and Services Tax Council has said that interest on delayed payments of GST would be applicable only on the n ...
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The apex indirect tax body, the GST Council, will not increase GST cess on items like automobiles at its meeting on 14.03.20 but will instead consider ...
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GST officers will soon come out with measures to check valuation of exports and device a standard operating procedure (SOP) for physical spot verifica ...
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The Civil Aviation ministry is making a renewed push to bring aviation turbine fuel under the goods and services tax regime as it looks to provide rel ...
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The Authority for Advance Ruling (AAR) has ruled that the GST is not applicable to ‘Mobilization Advance’ received before the implementation of Goods ...
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Goods and services tax (GST) rates on mobile phones, footwear, textiles, and fertiliser are likely to be raised on 14th March. That is whe ...

The Gujarat High Court has issued notices to the Union government, the GST Council, and the Customs authorities over the imposition of surcharge and c ...
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The finance ministry has flagged 17 'areas of dissatisfaction' with Infosys-designed GST Network, including transition issues for taxpayers in Jammu a ...
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The Kerala High Court has paved the way for the Authority for Advance Rulings (AARs) to decide the place of supply under the goods and services tax (G ...
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The government has asked Infosys chairman Nandan Nilekani to explain why the IT major has failed to fix glitches in the GST Network. Nilekani will hav ...
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The Kerala High Court has ruled that the proper officer may cancel the GST registration of a person for not furnishing the returns for a continuous pe ...
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The government is considering deferring the implementation of e-invoicing under goods and services tax (GST) by three months to July 1, two officials ...
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The Directorate General of GST Intelligence (DGGI) on 7th March said it has registered a case against Aastha Apparels Pvt Ltd and others for fraudulen ...
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With the Centre not being able to increase its GST collections, efforts are now underway to tighten regulations and to re-examine incentives and expor ...
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Central and state officials examined if Goods and Services Tax (GST) Rules could be further tightened to improve tax compliance and revenue collection ...
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The Maharashtra Appellate Authority for Advance Ruling (AAAR) for Goods and Service Tax has passed an order to exclude the Sajjan Jindal-led JSW Energ ...
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The Directorate of the Goods and Services Tax Intelligence here has detected fraudulent input tax credit (ITC) claims totalling Rs 150 crore after a s ...
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At a time when telecom majors are embroiled in a crisis overpaying AGR dues and Goods and Services Tax (GST) refund, a group of small companies have d ...
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Businesses facing the prospect of having to pay around Rs 46,000 crore as interest on delayed payment of goods and services tax (GST) may get a reprie ...
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West Bengal State Lottery has received a severe blow due to a steep rise in the Goods and Services Tax (GST), forcing the lottery ticket sellers and a ...
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GST officers have booked case against three firms for issuing fake invoice worth over Rs 4,198 crore and fraudulently claiming input tax credit of Rs ...
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A parliamentary panel suggested lower GST rate for the automobile segment at least till the revival of the sector, and uniform road tax across all sta ...
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A Navi Mumbai man was booked for setting up a fake export firm and claiming Goods and Services Tax (GST) returns of Rs.5.04 crore. The Economic Offenc ...
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The anti-evasion wing of Central Tax, Delhi West Commissionerate, cracked down on a racket of fake invoicing to the tune of Rs 7,896 crore, and involv ...
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Local courts in Valsad and Surat rejected the bail pleas of two accused earlier arrested by Directorate General of GST Intelligence (DGGI) for evading ...
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The government is planning to launch lottery offer under the Goods and Services Tax (GST) from April 1 by conducting lucky draws every month for invoi ...
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India’s National Anti-profiteering Authority (NAA) has slapped a penalty of Rs 37.85 lakh on South Korean electronics major Samsung for not passing on ...
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GST officials have arrested three persons involved in floating 17 fake firms and wrongfully availing credit on taxes paid on input worth Rs 436 crore ...
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Goods and Services Tax collections for February stood at Rs 1.05 lakh crore, falling short of the Rs 1.15 lakh crore target set by the government but ...
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A Grievance Redressal Committee comprising GST officials from the Centre and the State, representatives of trade associations, tax professionals and G ...
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CBIC Chairman M. Ajit Kumar on February 28 interacted with the members of Trade and Industry as well as professionals in the field of indirect taxes a ...
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The CBI has made an official note of the personal details of Deepak Pandit, an Assistant Commissioner of GST and Central Excise, in corruption charges ...
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The Government of Jammu and Kashmir’s Finance Department, has announced an extension of the amnesty scheme for the settlement of unresolved GST issues ...
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Rajasthan Budget has proposed to constitute a GST Audit Authority and Business Intelligent Unit for efficient management of commercial taxes in the in ...
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Financially stressed telecom operator Vodafone Idea, in a letter to the Department of Telecommunications (DoT), has sought the adjustment of Goods and ...
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The Commercial Taxes Department has unearthed large scale evasion of GST by jewelers after it found 60 kg of gold ornaments worth Rs 21 crore without ...
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The Commissioner of State Tax, extended the period for submitting the declaration in FORM GST TRAN-1 till 31st March 2020, for the class of registered ...
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The Goods and Services Tax Network (GSTN) on 26.02.20 said it has launched a new toll-free number for GST helpdesk, which will be operational 365 days ...
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The city zonal unit of the Directorate General of GST Intelligence (DGGI) on Tuesday unearthed a GST fraud of Rs 500 crore over multiple transactions. ...
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Odisha has estimated Goods & Services Tax (GST) compensation grants of Rs 6200 crore for 2020-21, an increase of 2.9% over the revised estimate (R ...
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The indirect tax department has issued notices to thousands of companies that had claimed input tax credit under the Goods and Services Tax framework ...
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The Calcutta High Court has stayed the Service Tax Audits against Magma Housing Finance Ltd., which demands the details for Service Tax Audits.Counsel ...
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The Gujarat High Court has ordered the GST Department to release goods and consignments which is detained for not carrying E-Way Bill is a result of t ...
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The enforcement wing of the state Goods and Services Tax (GST) department unearthed tax evasion allegedly worth several crores of rupees by a Raipur-b ...
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A 28 per cent Goods and Services Tax (GST) will be levied on lotteries from March 1, according to a notification. The GST Council had in December last ...
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Textile Minister Smriti Irani has approached Finance Minister Nirmala Sitharaman seeking her intervention to ensure parity of the Goods and Services T ...
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A group of companies has dragged the government and the indirect tax department to court over denying input tax credit on gifts and sample ...

After directions from the Central Board of Indirect Taxes and Customs (CBIC) to recover goods and services tax (GST) interest, totalling Rs 46,000 cro ...
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Punjab's Finance Minister, Manpreet Singh Badal has asked the central government to remove a block on goods and services tax (GST) credits as it was l ...
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Coming to the rescue of fast-moving consumer goods giant Nestlé, the Delhi High Court has again stayed National Anti-profiteering Authority’s (NAA’s) ...
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Rotary Club of Mumbai-Queens Necklace, one of the clubs affiliated to Rotary International, has got relief against paying GST for membership, subscr ...
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The Enforcement wing of the Karnataka Goods and Services Tax (GST) department conducted simultaneous raids on 20 Bangalore Turf Club bookies and une ...
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The Delhi High Court stayed the National Anti-Profiteering Authority order holding that Johnson & Johnson Private Ltd had indulged in profiteering ...
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The Central Board of Indirect Taxes and Customs (CBIC) in a circular clarified that it is mandatory for registered taxpayers to declare GSTIN on EXIM ...
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The Himachal Pradesh Appellate Authority held that taxpayer failed to cover all the documents i.e. E-way Bills during the transportation of goods and ...
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The Centre will pay out compensation to states for the October-November period before the next Goods & Services Tax (GST) Council meeting tentativ ...
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While allowing the Writ Petition, the Madras High Court has held that the GST Department could be levied interest only on the cash component of the ta ...
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The Goods and Services Tax (GST) Council will meet soon to decide on the compensation to be paid to states for shortfall in revenue after implementati ...
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An analysis by International Monetary Fund (IMF) team states that Multiple rates, exemptions and implementation challenges are affecting goods and ser ...
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The Central Board of Indirect Taxes and Customs (CBIC) said that more than 90% of taxpayers have filed the GSTR-9 (Annual Return) and GSTR-9C (Reconci ...
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The West Bengal Authority for Advance Ruling (AAR) held that the composite supply of crushing the food grains belonging to the State Government and de ...
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In a significant order, the Maharashtra Authority for Advance Ruling (MAAR) rejected a plea by a five-star hotel contending that food and beverages se ...
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The Madras High Court on 12th Feb granted an interim stay on an order passed by a Commissioner of Goods and Services Tax (GST) and Central Excise on 1 ...
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The Rajasthan High Court has granted bail to Paridhi Jain, a Chartered Accountant accused, based in Jaipur who was involved in the wrongful availing o ...
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The probe by the Central Bureau of Investigation in the alleged corruption in connection with GST is moving towards a direction where it appears that ...
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The Central Board of Indirect Taxes & Customs (CBIC) has asked GST officials to collect interest of nearly Rs. 46,000 crore on account of delayed ...
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The Central Board of Indirect Taxes and Customs has issued notices to some private equity firms, investors, and others who entered into non-compete ag ...
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The Maharashtra Authority of Advance Ruling (AAR) on an application made by an applicant held that the ‘transformers’ supplied to Indian Railways is c ...
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A customer will have the chance of winning the lottery prize from Rs 10 lakh to Rs 1 crore. By uploading the bill on the GST portal customer can& ...
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Central tax Authorities have detected 634 cases of fraudulent goods and services tax (GST) refund claim by exporters amounting Rs 1,912 crore between ...
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Supreme Court through its bench comprising of Justice R F Nariman and Justice Ravinder S Bhatt has refused to interfere in order passed by Rajasthan H ...
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Non-compete agreements during acquisitions that restrict the seller from starting a new venture for some time or poaching employees and customers, hav ...
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With government going all-out to plug GST loopholes to contain evasion and bolster collections, taxpayers are frequently receiving notices and advisor ...
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Petrol and Petroleum Products are already under GST and it is now up to the States and also the GST Council to take a call on when they want ...
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In present system when one item's rate of taxation is brought down, a lot of other ripple effects are created, and with that, either the refund gets a ...
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A panel of industry and trade representatives has been set up to give suggestions to the Goods and Services Tax Network (GSTN) on the functioning of t ...
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There are signs of major changes in the current rates and slabs of GST. According to sources, the government wants to keep only 3 rates (i.e. slabs 8% ...
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The Centre by law has to pay the states at 14 per cent annually for the first five years of the GST regime and the government had earlier projected an ...
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Three daily wagers have landed in the taxman’s net in an intricate GST evasion racket allegedly involving fake transactions of over Rs 100 Cr.
...

Hacking into the government’s India's Goods and Services Tax (GST) Database and its associated infrastructure dependencies installed at GST Network (G ...
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"CBIC launches application for sharing information between Centre and state for targeted enforcement action against GST evasion. A big leap in intelli ...
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The Rajasthan High Court has stepped in to address the grievances and extend the due date of filing GSTR-9 and GSTR-9C for taxpayers in the state.
...

Serious allegations have been levelled against the state Goods and Services Tax (GST) department. Badish Jindal, President of All Industries and Trade ...
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The Nashik divisional has registered 12.36 % rise in its revenue through Goods and Services Tax (GST) during April-Jan of current financial year 2019- ...
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The Directorate General of GST Intelligence (DGGI) arrested a real estate developer on charges of evading GST payments of around Rs 18 crore. Accordin ...
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The government is planning to introduce lottery offers between Rs 10 lakh and Rs 1 crore under the GST to encourage customers to take bills while maki ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the different due dates for GSTR-3B for the Taxpayers having turnover up to Rs. ...
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It was held in M/s Gupta steel udhyog v/s Shri Navdeep Bhinder (State Tax) & Parul Garg (Central Tax) that the activity of manufacturing ...
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The due dates for GSTR9 and 9C has been extended further in a staggered format. In a tweet CBIC says, the due dates for GSTR-9 and GSTR-9C for FY 2017 ...
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In order to crack down on fake invoicing and fraudulent input tax credit (ITC) refunds under the goods and services tax (GST), the Budget has introduc ...
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The minister said GST (Compensation to States) Act, 2017 provides for compensation to States/UTs (UT with legislature only) on account of revenue loss ...
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Hundreds of traders are staring at bleak future as Jammu and Kashmir government is all set to block their e-way bills for failing to submit GST return ...
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Two persons, including a havildar of central GST department, were nabbed and 31 liquor bottles were seized from their possession on Sunday. Excise off ...
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A Supreme Court bench of Justices Rohinton F. Nariman and S. Ravindra Bhat on Friday dismissed a clarification application filed by advocate Gurdeep S ...
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The Central Board of Indirect Taxes and Customs (CBIC) late on Friday night extended the due date for furnishing GST Annual Return and Reconciliation ...
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GST collections have crossed the Rs 1 lakh crore mark for the third month in a row in January with improved compliance and plugging of evasion, source ...
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The finance ministry has summoned senior Infosys executives to find out why the technology major has been unable to fix glitches in the GST Network sy ...
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The UT excise and taxation department has asked Punjab and Haryana High Court bar association to submit information regarding the revenue being genera ...
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Corporate Tax Rate cut along with reduction in GST on electric vehicles were some of the few welcome steps initiated by the government last year. For ...
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Ahead of the Union Budget, artisans in the handicraft sector are looking for greater tax relief to overcome the financial impact of the economic downt ...
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States like Andhra Pradesh, Gujarat, Maharashtra, Punjab, Manipur, and Uttarakhand saw fall in their overall tax receipts during the first eight month ...
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Ahead of the Union Budget, the Oil Ministry has made a renewed pitch for inclusion of natural gas in the ambit of GST to promote the use of the enviro ...
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The entertainment industry may seem to be on a blockbuster run. For films, 2019 turned out to be the strongest year so far, and this year as well, the ...
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Goods and Service Tax (GST) collections may touch a record high of Rs 1.15 lakh crore in January. The highest monthly GST collection so far, since its ...
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Around 5,000 companies have come under the scanner of tax authorities due to alleged discrepancies between their Goods and Services Tax (GST) filings ...
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The Central Board of Indirect Taxes and Customs (CBIC) has frozen tax credits of around Rs 40,000 crore as the returns did not match, exposing alleged ...
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Automotive industry body SIAM on Monday urged the finance ministry to announce scrappage policy along with the reduction of GST rates for BSVI vehicle ...
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The Bombay High Court recently ordered that GST officials must not exercise the power of attaching a taxpayer’s bank account on a routine basis as it’ ...
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Leading industry body Indian Auto LPG Coalition has sought GST reduction on Auto LPG as well as on conversion kits for gaseous fuels to promote the ad ...
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Issue of e-invoices by the taxpayers registered under GST having a turnover above Rs 500 crores has been notified on 13th Dec 2019. It is optional to ...
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The government has asked GST authorities to block input tax credit of about 1,000 taxpayers who have allegedly claimed more credit than they were elig ...
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Taking exception to the network-related glitches in the implementation of Goods and Services Tax (GST), the tax practitioners took out a rally i ...
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While upholding the ruling Appellate Authority Advance Ruling (AAAR) the Allahabad High Court has held that odomos is not a medicine, it is a mosquito ...
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The finance ministry on Wednesday staggered last dates of filling GSTR-3B, a monthly return form, and has provided three dates for different categorie ...
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On a day the Shiv Sena-led Maharashtra government made "Tanhaji: The Unsung Warrior" tax-free, state PWD Minister Ashok Chavan on Wednesday demanded t ...
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The Goa Authority for Advance Ruling (AAR) held that compensation paid for setting up of Special Economic Zone (SEZ) unit will be considered as a ‘sup ...
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Central Goods and Services Tax (CGST) officials have arrested a 36-year-old director of a metal trading firm in a Rs 10-crore GST scam.
The Thane w ...

The government may be losing Rs 5 trillion in indirect tax revenue a year, amounting to 40% of its goods and services tax (GST) collection target, bec ...
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Reduction in the Goods & Services Tax (GST) tops the budget wish-list of the beleaguered automobile industry. Last year, the industry recorded its ...
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The domestic consumer electronics industry has sought lowering of goods and services tax (GST) and waiver of import duty for inputs used to make compo ...
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Small businesses, mainly exporters, are at loggerheads with Finance Ministry over the input tax credit refunds. While exporters claim the government h ...
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With no sight of including jet fuel in Goods and Services Tax (GST) in near future, the government is considering levying specific rate of excise duty ...
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The anti evasion wing of Mumbai Central GST has busted a “major illegal gold movement channel,” the GST Mumbai Central Commissionerate tweeted Friday ...
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To augment collections amid growing concerns over missing the budgeted estimates, the government has reset the target for goods and service tax (GST) ...
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The Bhutan’s Ministry of Finance introduced GST of flat 7% that will replace all indirect taxes like sales tax, customs duty and exercise duty as per ...
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The Union Budget is a fortnight away and various industry insiders have started to put forth their demands for induction in the final budget to be pre ...
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The National Anti-Profiteering Authority (NAA), is likely to come down heavily on several organizations in the corporate sector, as show cause notices ...
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A recent analytics-driven probe into Goods and Services Tax (GST) refunds has led investigators to detect more than 1,200 untraceable exporters, savin ...
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A wave of orders is expected from the National Anti-profiteering Authority (NAA) in the next three months, with the Centre stepping up a goods and ser ...
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In a bid to alleviate exporters’ concerns amid an economic slowdown, the government is likely to propose changes to the goods and services tax (GST) p ...
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The Madhya Pradesh High Court has denied the Bail application filed by GST Evader in connection with Crime which registered at Commissioner, Central G ...
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The government is likely to make fraudulent claims for input tax credit a non-bailable offence in the hands of recipients of goods and services in the ...
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The Kerala high court has tried to clear the air over the contentious issue of composite supplies under the Goods and Services Tax (GST) which experts ...
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Traders body Confederation of All India Traders (CAIT) will urge finance minister Nirmala Sitharaman for an investigation into alleged avoidance of GS ...
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Department of Revenue through data analysis has identified 931 cases of fraudulent GST.The maximum numbers of such cases for Input Tax Credit frauds h ...
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The International Energy Agency (IEA) has slammed India’s natural gas pricing policy, saying linking domestic production to very low global reference ...
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Banks, airlines, insurance companies, armed forces and telecom service providers are likely to be exempted from mandatory issuing of e-invoices under ...
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Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1. All eyes will be on what the Budget holds for car buyers. In t ...
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Cracking down on erring business firms, state Goods and Service Tax (GST) department has cancelled registration numbers of over 12,000 firms, which di ...
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Kerala Finance Minister Dr TM Thomas Isaac said he will put up a proposal before other finance ministers on the possibility of approaching the Supreme ...
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The central GST department on Friday conducted “Searches and Survey” at several places in Chandigarh and found major irreegularities and evasion of ta ...
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Microfinance industry body Sa-Dhan in its wish-list for Budget 2020-21 has urged the government to do away with levy of goods and services tax (GST) o ...
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The zonal unit of Director General of GST Intelligence (DGGI) has arrested a 69-year-old man for violation of CGST Act by allegedly issuing fake invoi ...
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India Inc is set to face first ever tax audit under the goods and services tax (GST) regime. The GST authorities have begun issuing notices for the ta ...
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A nine-point plan has been firmed up to plug revenue leakages under the goods and services tax regime. It includes setting up a panel with tax officia ...
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Central and state government officials on Tuesday decided to scrutinize goods and services tax (GST) refund claims more diligently, compulsorily inves ...
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Linking foreign exchange remittances with integrated GST refunds may be undertaken to check fraudulent refund cla ...
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Two years after introducing a poorly thought out, and hastily pushed through, Goods and Services Tax (GST), the government is grappling with a botched ...
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Two top executives of Maithan Ispat Limited, a subsidiary of MESCO Steel, have landed behind the bars for allegedly availing Rs 23 crore input tax cre ...
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Goods and services tax (GST) collections in December accelerated to cross the Rs.1 trillion mark for the second consecutive month, up 8.9% year-on-yea ...
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The Parliamentary panel on Finance met on Friday and Opposition members raised the delay in payment of compensation for loss of revenue from implement ...
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Because of massive amount of frauds detected by GST authorities, the Central Board of Indirect Taxes and Customs (CBIC) has now written to Directora ...
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Because of massive amount of frauds detected by GST authorities, the Central Board of Indirect Taxes and Customs (CBIC) has now written to Directora ...
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To streamline Goods and Service Tax (GST) system and refunds, enhance GST compliance and discourage tax evaders, commissioners of state tax and chief ...
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In a significant relaxation for the ecommerce sector, the government could allow online platforms such as Amazon and Flipkart to upload e-invoice for ...
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The government plans to increase the use of artificial intelligence and data analytics to track down tax evaders, and improve compliance with the Good ...
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Indian mobile handset manufacturers have sought a lower 12 per cent GST on the Parts and Accessories universe as per the phased manufacturing programm ...
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Publishers of books for Uttar Pradesh Madhyamik Shiksha Parishad (UPMSP), also known as UP Board, will have to pay goods and services tax (GST) to the ...
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The government plans to increase the use of artificial intelligence and data analytics to track down tax evaders, and improve compliance with the Go ...
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Goods and service tax (GST) authorities are going to seek bank account details of businesses to tally with their filings, apart from initiating othe ...
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India could look at a calibrated increase in the goods and services tax rates to shield consumers from sudden price shocks, apart from minimizing exem ...
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Gross Goods and Services Tax (GST) collections crossed the Rs 1 lakh crore benchmark for the second consecutive month in December 2019. At Rs 1.03 lak ...
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To amend notification No. 13/ 2017- Central Tax (Rate) which was further amended by 22/2019 dated 30.09.19 in respect of RCM services, to replace ...
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To amend notification No. 12/ 2017- Central Tax (Rate) .In the said notification, in the Table, against serial number 41, - (a) in column (3), for th ...
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To amend notification No. 10/ 2017- Integrated Tax (Rate),To amend notification No. 10/ 2017-Integrated Tax (Rate) , to replace the Services spec ...
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To amend notification No. 9/ 2017- Integrated Tax (Rate),In the said notification, in the Table, against serial number 43, - (a) in column (3), for t ...
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To amend notification No. 13/ 2017- Union Territory Tax (Rate) , to replace the Services specified under S. no. 15 to include the Taxi Services p ...
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To amend notification No. 12/ 2017- Union Territory Tax (Rate) ,In the said notification, in the Table, against serial number 41, - (a) in column (3) ...
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In the said notification, - (a) in Schedule II - 6%, serial numbers 80AA and 171A and the entries relating thereto shall be omitted; (b) in Schedul ...
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In an effort to curb the menace of fake invoices and tax evasion, the Finance Ministry has notified a new norm of limiting the input tax credit to 1 ...
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The Central Board of Indirect Taxes and Customs (CBIC) has paid over 83500 exporters the IGST refunds worth Rs 1.12 lakh crore. Stating the refunds ...
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The Centre is planning to restructure the Goods and Services Tax (GST) and in this regard will talk to the state governments after the presentation of ...
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Two things that will change the way transactions are reported under the goods and services tax (GST) system in 2020 are electronic invoicing and new r ...
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The oil ministry has proposed reducing the goods and services tax on compressed natural gas (CNG)-driven vehicles to 5% — at par with electric vehicle ...
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The Narendra Modi administration and state governments will hold fresh negotiations to overhaul the goods and services tax (GST) after the Union budge ...
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Experts say the new procedures in the goods and services tax (GST) system that enable officials to attach properties, including bank accounts, and can ...
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Amid the country’s dismal exports performance — merchandise exports shrank 0.34% year-on-year in November, the fifth contraction in the past eight mon ...
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Taxpayers can clear their backlog of GSTR-1, pending from July 2017 to November 2019 without paying any late fees as the authorities have provided a o ...
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Goods and Services Tax (GST) authorities can freeze your bank account, attach your property, if you do not file your (GST) returns on time. A new set ...
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Healthcare Federation of India (NATHEALTH) on Thursday urged the government for bringing in zero-rating GST for healthcare services and making it a ...
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GST officials have unearthed a racket involving fake invoicing worth Rs 1,600 crore that resulted in tax evasion of Rs 241 crore, an official release ...
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Notice will be issued on the fifth day if GST returns are not filed. Assessment after 15 days and tax demand will come out after next 30 days.The gove ...
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Grievance Redressal Committees will be set up at the state and zone levels soon to assist trader and industrialists combating the technical issues o ...
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NITI Aayog Member Ramesh Chand on Wednesday made a case for only two slabs under the Goods and Services Tax (GST) regime as against the current multip ...
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The government is looking to rework the GST structure for a range of products, starting from footwear and fertiliser to mobile phones and medical eq ...
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The National Anti-Profiteering Authority has slapped a Rs 230 crore penalty against baby products maker Johnson& Johnson for profiteering from ...
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Life and general insurance companies have sought reduction in the Goods & Services Tax (GST) rate from the GST Council. Citing low penetration ...
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The government may allow companies undergoing resolution under the Insolvency and Bankruptcy Code (IBC) to pay current levies of goods and services ...
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The centre is staring at a Rs 63,200-crore shortfall in goods and services tax compensation cess for FY20 as revenues slow down. Delay in release of ...
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Top banks that use collateralised borrowing and lending obligation (CBLO) instruments have reached out to their tax advisers, seeking clarity on whe ...
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There is no possibility of a GST rate hike before indirect tax revenue generation stabilisies. States are not in favour of increasing GST rates at a ...
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The government may allow companies undergoing resolution under the Insolvency and Bankruptcy Code (IBC) to pay current levies of goods and services ...
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GST collection contracted for two consecutive months of September (2.7 per cent) and October (5.3 per cent), while November collection showed an upt ...
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Industry fears that the Goods and Services Tax (GST) Council’s decision to further restrict input tax credit (ITC) on invoices not uploaded in the r ...
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In Haryana, the revenue under State GST has recorded a growth rate of 33 per cent in the month of November, 2019 over the corresponding month of the ...
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The 38th meeting of the GST Council has made further changes to the way you can claim input tax credit. According to the Council in case where there i ...
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The shortfall in goods and Services Tax (GST) revenue collection is an investment for progress as the long-term benefits of tax reforms are immense, a ...
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The GST Council in its meeting today has extended the Due Date for furnishing GST Annual Return and Reconciliation Statement (GSTR-9 / 9A and GSTR-9C) ...
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The government is set to amend Section 49 of the Goods and Services Tax (GST) law that would allow tax officers to block input tax credit of companies ...
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The government is looking to balance revenue collections between states and the Centre besides ironing out problems faced by a few industries, the peo ...
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Amid concerns that the government may fall short of tax collection target in a slowing economy, the Centre has set an ambitious Rs 1.1 trillion monthl ...
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Facing heat over delay in payment of GST compensation, the central government on Monday released Rs 35,298 crore to state to make up for the loss of r ...
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The 38th meeting of the GST Council comes at a time the government is staring at a widening fiscal deficit due to shrinking GST collections. The GST C ...
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Industry has pitched for staggered implementation of new tax returns under the goods and services tax (GST) system, which are scheduled to be introduc ...
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Beginning January 1, a game changing invoicing system will be introduced in the Goods and Services Tax (GST) system. A standardised protocol, powered ...
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Several measures aimed at plugging revenue leakages under the goods and services tax (GST) regime are expected to figure at the upcoming GST Council m ...
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The government may bring certain healthcare services under the GST net, touching upon a sensitive area, as it looks to give a leg up to revenue mobili ...
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The Comptroller and Auditor General of India (CAG) has detected several irregularities and lacunae in the processes followed by the Gujarat govern ...

The finance minister, responding to reports of a possible increase in GST, said the buzz is everywhere other than her office."Buzz is everywhere other ...
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Congress leader and former GST Council member Krishna Byre Gowda has cautioned the Council that if it were to go ahead with any increase in GST rates ...
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A proposal to levy additional cess on certain commodities and to hike GST rates is snowballing into a huge problem for the state government, worried ...
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The GST Council may hike rates on mobile phones and fabric at its meet on December 18 in its bid to shore up a shortfall in collections and pending ...
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Worried about rising cost of production, city’s shawl manufacturers are now demanding that they should be allowed to claim refund of 12 per cent GST ...
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With pressure on revenue collection, the goods and services tax (GST) rates and slabs may be raised during the GST Council meeting next week.The all-p ...
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The goods and services tax (GST) profiteering watchdog imposed a penalty of Rs 90 crore on fast-moving consumer goods giant Nestle for not passing on ...
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The Commercial Taxes department’ south zone enforcement officials collected Rs 1.42 crore from dealers in central business district (CBD) in taxes and ...
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Consumers must brace themselves for higher goods and services tax (GST) rates from April 1, with the GST Council likely to decide on overhauling the r ...
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The GST Council will reportedly discuss the option of moving 243 items to the 18 percent slab and scrapping the 12 percent slab. If this fructifies, t ...
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On 14 November 2019, the government provided major relief to taxpayers by extending the due date for filing GSTR-9 and GSTR-9C. The due date for filin ...
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The Central GST collection fell short of the budgeted estimate by nearly 40 per cent during the April-November period of 2019-20, according to the dat ...
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As it may not find it easy to raise the tax rates on mass-consumption, high-revenue items, given the overall demand slump, the Goods and Services Tax ...
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The meeting with Chief Minister Uddhav Thackeray on Thursday has given the civic body hope that the compensation for the revenue shortfall under goods ...
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The Bhupesh Baghel-led Congress government in Chhattisgarh is mulling moving a resolution in the assembly against the central government over delayed ...
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Almost two and a half years since its launch, the GST council is expected to discuss major restructuring to raise the base slab from 5% to 9-10%...
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Finance Minister Nirmala Sitharaman on Saturday invited those who are interested in providing suggestions on simplifying and easing the Goods and Serv ...
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Bihar Deputy Chief Minister Sushil Modi on Friday said the slowdown in the automobile sector has adversely impacted the GST compensation cess fund as ...
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The Central Board of Indirect Taxes and Customs (CBIC) has withdrawn a circular which created confusion on whether IT service providers can be quali ...
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The panel for shoring up muted goods and services tax (GST) collection is examining slab restructuring by increasing the 5 per cent rate to ...
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Textiles minister Smriti Zubin Irani said that textile exports have increased 6.2% post-Goods and Services Tax (GST) as compared with corresponding p ...
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Oil Minister Dharmendra Pradhan on Thursday hoped that Finance Minister Nirmala Sitharaman will signal the inclusion of jet fuel and natural gas und ...
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Over two months after the last GST Council meeting, a 10-member group of ministers (GoM) headed by finance minister Nirmala Sitharaman has been set ...
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Only after a blocked GST taxpayer files his/her pending GSTR-3B for the default period(s), the blocked GSTIN will get unblocked automatically the foll ...
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Delhi High Court on Wednesday stayed the applicability of interest levied on the profiteered amount relating to the Goods & Services Tax (GST). ...
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Opposition, as well as BJP-ruled states, are not on board to reconsider the number of goods that are exempted from GST, while some of them have agreed ...
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The government has begun discussions with states for a possible revamp of the goods and services tax, which may include bringing a few exempted items ...
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The GST Council, at its next meeting on December 18, is expected to deliberate on an alternative mechanism for compensation cess and look at ways to b ...
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Businesses of roughly 300,000 firms paying goods and services tax (GST) were likely impacted on Monday, as the government had blocked e-way bill gener ...
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As many as 3.5 lakh GST payers may see their e-way bill facility get
blocked from today. GST Network, the entity that provides the IT backbone for ...

The Authority of Advance Ruling (AAR) in Karnataka has ruled that, Goods and Services Tax ( GST ) is applicable on delayed payment by Share Broker fro ...
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India’s goods and services tax collections rose 6% to Rs 1.03 lakh crore in November,reversing two months of decline, with experts attributing the inc ...
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New GST Returns will apply to all GST-registered taxpayers except non-resident registered persons, composition dealers, input service distributors, in ...
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Homebuyers who paid excess GST may seek discounts from their developers. The Tamil Nadu Real Estate Regulatory Authority (TNRERA) on Thursday direc ...
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The city-businessmen are a worried lot as they are not getting GST refunds timely. The state taxation department is already under fire for not renewin ...
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From April 1 next year, electronic invoicing (e-invoicing) will be mandatory for businesses with a turnover of Rs 100 crore, the government said on Th ...
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Homebuyers who paid excess GST may seek discounts from their developers. The Tamil Nadu Real Estate Regulatory Authority (TNRERA) on Thursday directed ...
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States will need to be compensated for their revenue shortfall under goods and services tax (GST) even after 2022 — the sunset year for compensation ...
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At a broad level, it was visualised that as many of the inputs used by a hotel such as grains, vegetables, fruits etc. would not attract GST, hence ...
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As this may lead to stoppage of development work and payments to employees, the Congress on Wednesday raised in Rajya Sabha the issue of ...
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GST authorities have unearthed a tax racket and arrested one person for allegedly defrauding the government to the tune of about Rs 140 crore through ...
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India’s business process outsourcing industry is in a quandary as refunds of taxes paid on inputs remain stalled for want of a clear directive from th ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) has issued clarifications on the scope of the notification entry at item (id), related to job ...
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The Madras High Court has quashed GST department’s proceedings against the petitioner to the recovery of Tax. The Petitioner has challenged the procee ...
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Tax authorities have identified B2C sales as a key source of leakage of goods and services tax (GST) as consumers are often cajoled into paying in cas ...
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After writing letters to the Prime Minister Narendra Modi and Commerce Minister Piyush Goyal, the Confederation of All India Traders (CAIT), a traders ...
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Many GST taxpayers, especially small firms, are a worried lot these days with authorities sending system-generated red flags in their online return fo ...
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Transitional impact of GST and poor agricultural situation in 2018-19 fiscal led to the 0.1 percentage point drift in fiscal deficit to 3.4 per cent, ...
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Selling land does not attract the Goods and Services Tax, but if some one develops and sells a parcel, then it comes under the GST ambit, according to ...
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The government raised concerns over fake invoices being generated in the business-to-business (B2B) segment which is impacting GST collections. ...
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The war of words over GST compensation continued between the Centre and the State governments, with West Bengal Finance Minister Amit Mitra pointing o ...
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Several financial services companies have started receiving written enquiries from tax officers based in small towns seeking details around organisati ...
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The Department of Telecommunications will ask the finance ministry to refer the pending issue of refunding input tax credits of telecom companies wort ...
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GST amendments, circulars and change of rules have befuddled MSMEs and small tax payers. The enforcement of a new sub-Rule 36(4) has further complicat ...
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The department of central goods and services tax and central excise (Kolkata South) has arrested four men for making false GST claims and getting inpu ...
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After 60% of the taxpayers in Jammu and Kashmir were unable to file their Goods and Services Tax (GST) due to the continuing internet blockade since A ...
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The Gujarat High Court has issued a notice to the Centre seeking to know why the option of input tax credit under goods and services tax (GST) regime ...
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The GST portal crashed on Tuesday with only one day left to file the GSTR-3B return form. Unable to file their returns right before the GST deadline, ...
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In its ongoing crackdown on fake GST invoices and input tax credit (ITC) cases, the customs and central GST authority in Meerut arrested a Moradabad-b ...
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Seeks to clarify optional filing of annual return under notification No. 47/2019-Central Tax dated 9th October, 2019.
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Seeks to clarify the fully electronic refund process through FORM GST RFD-01 and single disbursement.
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Finance Minister on Saturday held meeting with Chartered Accountants, traders and other stakeholders as part of efforts to further simplify ...
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The government is going to take strict action against those who do not file GST returns on time. Now, businessmen who do not file returns tw ...
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GST registered dealers are annoyed at the Union Government for its new provision as per which 80 per cent of the input credit of the buyer w ...
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The government is looking to clarify that goods and services tax (GST) should not be applicable on salaries of chief executives sitting in head office ...
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The revenue department on Friday said it has unearthed a racket involving issuances of fake invoices for availing tax benefits worth Rs 22 crore under ...
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The Goods and Services Tax (GST) on matchboxes should be brought down to 12 per cent from the existing 18%, Tamil Nadu Information and Publicity Minis ...
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The Government has to extend the due dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year 201 ...
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Amid repeated concerns over glitches in filing of GST returns and getting refunds, finance minister Nirmala Sitharaman has invited tax practitioner as ...
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The Delhi High Court has directed Goods and Services Tax ( GST ) department to either open the online portal so as to enable the petitioner to ...
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The Kerala Authority for Advance Ruling in an application filed by M/s Travancore Cocotuft Pvt Ltd held that PVC tufted coir mats and matting shall be ...
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The government has allowed businesses to do self-assessment while claiming credits for the Goods and Services Tax (GST) paid on raw material ...
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Concerned with the dipping monthly collections of Goods and Services Tax (GST), the government and indirect tax department are now planning stricter m ...
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CBIC's latest GST circular clears air over several key issues such as how to calculate 20% amount over and above the eligible amount of ITC, cut-off d ...
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Along with sweeping changes in federal and state taxation, the goods and services tax (GST) introduced in 2017 also impacted how business was done, pa ...
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E-invoicing in India will be a big move, due to the volume of business transactions undertaken every day, as well as the plethora of different, non- ...
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Citing the Singapore model, experts have suggested the introduction of new user-friendly measures to ensure ease of Goods and Services Tax (GST) compl ...
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The commerce ministry has taken up the issue of Directorate of Revenue Intelligence (DRI) notices being sent to 1,000 exporters for alleged violation ...
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The Gujarat High Court has observed that, the order of attachment of bank account is prima facie without the authority of law and the order of blockin ...
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Central Board of Indirect Taxes and Customs will begin using a unique Document Identification Number (CBIC-DIN). Initially, the department will use th ...
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The Authority of Advance Ruling ( AAR ) in Karnataka has ruled that, the activity of collecting exam fee (charged by any university Or institution) fr ...
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In order to protect GST taxpayers from any harassment at the hands of errant tax officials, the Central Board of Excise and Customs (CBEC), is going t ...
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The Karnataka Bench of Authority of Advance Rulings ( AAR ) in an application filed by M/s Jairaj Ispat ltd held that Dolochar is classifiable under T ...
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The Madras High Court has allowed credit transition of Education Cess, Secondary/Higher Education Cess and Krishi Kalyan Cess into the Goods & Ser ...
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Chartered Accountant has filed a written complaint in Dibrugarh Police Station against all the Airlines operating in India. The Complaint filed by Sur ...
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Inclusion of natural gas in the goods and services tax regime, pipeline tariff reform and pricing freedom for all domestic gas would be necessar ...
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An order from the Punjab and Haryana High Court has paved the way for carry forward of CENVAT credit and VAT input credits to the Goods and Services T ...
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The Authority for Advance Ruling, Karnataka has ruled that, TDS provision are not applicable to a cooperative society registered under the Karnataka S ...
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Revenue from Goods and Services Tax fell 5.3% year-on-year to Rs. 95,380 crore in October. However, on a monthly basis the revenue from GST rose 3.76% ...
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India’s defence budget will be augmented by more than Rs 60,000 crore over the next five years owing to exemptions from customs duty and goods and ser ...
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Even when the central government has brought down the GST rate on hotels, the prices of hotel rooms will see upward mobility owing to various factors ...
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The Kerala bench of the Authority of Advance Ruling ( AAR ) in an application filed by M/s Baby Memorial Hospital Ltd held that artificial body parts ...
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The fees that prospective parents pay to adopt a child is not subject to Goods and Services Tax, the Maharashtra bench of the Authority for Advance Ru ...
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The announcements made in the 37th GST Council meeting on September 20 did help assuage the nerves by way of certain positive announcements towards ra ...
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Indian Software as a Service (SaaS) companies are seeing demand for their products grow locally, following years of focus on the United States and Eur ...
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Items such as food grain, which earlier attracted purchase tax under the value added tax (VAT) regime, may now be brought under the goods and services ...
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To put a check on fly-by-night operators and generation of fake invoices under the Goods and Services Tax (GST) regime, the Centre is mulling limiting ...
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Uttar Pradesh has estimated that the state will suffer a loss of Rs 13,500 crore in 2022-2023 due to implementation of the Goods and Services Tax. Pre ...
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The government is considering introduction of e-way bill on the movement of gold to plug evasion and arrest declining goods and services tax (GST) rev ...
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At least two out of the five petroleum products, including aviation turbine fuel or ATF and natural gas, are likely to be among the first set of petro ...
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Millions of GST payers are eagerly awaiting clarity over the new rules notified early this month that restricted the refund of input tax credit to 20% ...
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Singapore's Goods and Services Tax (GST) voucher scheme should be adopted in India to bring huge positive impact for those in the lower and middle inc ...
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Private sector ICICI Bank NSE 3.16 % on Friday said it has exited the GST Network, the company facilitating collection of the indirect tax, by selling ...
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The writ petitions sought to question Clause (vi) of Section 140(3) of the Central Goods and Services Tax Act, 2017 (CGST Act for short). It is stated ...
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Applicant is engaged in the business of providing Works Contract Services more particularly construction services. Applicant has undertaken developmen ...
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The Authority of Advance Ruling in Karnataka has ruled that, the applicant is not eligible to avail input tax credit ( ITC ) on the inward supplies of ...
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Finance Minister Nirmala Sitharaman on Thursday said efforts will be made to further simplify Goods and Services Tax, and expressed hope that it wil ...
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he Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit, Gurugram arrested Sh. Rajiv Gupta on 23.10.2019, partner in M/s RST Batteries, ...
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Tamil Nadu Municipal Administration and Rural Development Minister SP Velumani on 23.10.19 urged Finance Minister Nirmala Sitharaman to reduce GST on ...
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The National Anti-profiteering Authority (NAA) has found Glenmark Pharmaceuticals guilty of not transferring the benefit of the Goods and Services Tax ...
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The petitioner in the writ petition is seeking a direction to the respondent to drop the proceedings initiated against the petitioner under section 13 ...
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The Applicant is a Private Limited Company, involved in the manufacture and sale of plastic moulds, press tools, Jigs/ Fixtures / Gauges, Injection mo ...
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A Goods and Services Tax (GST) ruling has held that recovery of medical insurance premium from salary of employees for parents’ Mediclaim would not be ...
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A Finance Ministry review of compliance behaviour of GST assessees has shown states outperforming the Centre.
In a review this month, the Ministry ...

Gujarat High Court has issued notice to the GST department in response to a petition filed by a man claiming the GST officials had stationed inside hi ...
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An extended monsoon, combined with an 18% GST has hit fireworks production in Ahmedabad. Over a dozen units have been manufacturing fireworks on the o ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) has extended the filing returns by the composition dealers in Form CMP-08 to October 22 ...
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In addition to the current invoices which are generated on the companies’ enterprise resource planning (ERP), the new system would also require automa ...
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Drive U seeks to provide drivers on demand to customers who wish to obtain the services of a driver - drivers are individuals independent se ...
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An Apartment Owner's Association is collecting amount towards corpus/ sinking fund for future supply of services to its members. Such fund is mandator ...
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Hatsun Agro Product supply ice-cream & other food items on order through ‘IBACO’ brand outlets along with serving of ice cream, seating facility, ...
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The insurance agents of Life Insurance Corporation (LIC) of India held a demonstration in front of all eight zonal offices in Tamil Nadu. They demande ...
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The handloom industry is reeling after Central Government imposed five percent Goods and Services Tax (GST) on handloom products. The industry is affe ...
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The GST Council, on September 20, 2019, has approved the introduction of ‘E-invoicing’ or ‘electronic invoicing’ for business to business (B2B) transa ...
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One of the important decisions taken in the 37th GST Council meeting held on September 20, 2019 was that GST will not apply to intermediaries dealing ...
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Vijay Baburao Shirke, owner of several winning racehorses, is often spotted at derby matches and in sports sections of newspapers. This time, he is in ...
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The food ministry is firming up a proposal to increase integrated GST (IGST) on imported refined palm oil to 12% to offset the impending cut in import ...
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Tax authorities' demand for levying GST on brand usage by subsidiaries of a parent company or related party could lead to litigation and hit the earni ...
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Most buyers opt for homes that are ready for possession in order to avoid tax survey The goods and service tax have had a big impact on mark ...
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The first meeting of the committee on making the Goods and Services Tax (GST) recovery more effective was inconclusive on Tuesday. The new meeting is ...
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Two of the popular garba venues in the city have come under goods and services tax. The state GST officials have begun conducting survey at the office ...
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Goods & Services Tax (GST) collections are expected to pick up during the second half of the current fiscal, according Revenue Secretary Ajay B Pa ...
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Panel formed to suggest steps for improving GST collections to hold first meeting today A high-level panel set up by the government to suggest measure ...
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The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that Goods and Services Tax ( GST ) on license fee for charged by St ...
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Oil minister Dharmendra Pradhan on Monday made a pitch to include natural gas and aviation turbine fuel within the ambit of the GST to reduce multipli ...
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Credit Lyonnais Securities Asia (CLSA) has trimmed weight on ITC in its model portfolio to ‘neutral’ on concerns that a shortfall in revenues from GST ...
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The country’s primary anti-smuggling intelligence agency has begun resending notices to exporters for availing GST exemptions where exports preceded i ...
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Goods and Services Tax (GST) rollout has cut down the number of forms to be filed by businesses to just 12 from 495 under as many as 17 central and st ...
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The Indian Highways Management Company Ltd (IHMCL) and Goods and Services Tax Network (GSTN) will sign a memorandum of understanding on Monday for int ...
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GST Network (GSTN) will release improved version of GST return filing interface on 22 October with an aim to further simplify the process. "Many of th ...
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The Central Government is exploring the possibility of levying the Goods and Services Tax, or GST, on education in private colleges and universities, ...
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The indirect tax department is demanding Indian companies and foreign banks to pay an 18 per cent Goods and Services Tax (GST) on the names of brands ...
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CPI general secretary D Raja on Friday wrote to Finance Minister Nirmala Sitharaman urging her to reconsider the 18 per cent GST on the annual Group H ...
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In an effort to curb the menace of fake invoices and boost cash flow, the government has limited the input tax credit (ITC) to be availed by Goods and ...
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The finance ministry, faced with a steep revenue collection target for 2019-20, is internally exploring whether the goods and services tax (GST) can b ...
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In major relief to duty free shops, the Bombay High Court has ruled that goods and services tax (GST) cannot be levied on products sold at the duty fr ...
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Keen to plug revenue leakages, the government has decided to restrict input tax credit under the goods and services tax to 20% of the eligible amount ...
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A host of back offices of multinational companies in the financial sector face a tax whammy, with Goods and Services Tax authorities denying them refu ...
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The Bombay High Court recently held that duty free shops (DFS) at the Chhatrapati Shivaji International Airport in Mumbai cannot be charged Goods and ...
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Solar thermal industry players are confident of getting back into the boom trajectory and expect the sector to clock a growth of 10% after the reducti ...
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The premium payable on the Group Medical Insurance Policy by retired bank officers and workmen staff should be exempt from Goods and Services Tax (GST ...
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The Maharashtra Authority of Advance Ruling in an application filed by Alligo Agrovet Pvt Ltd held that Shyam Samruddhi derived from an organic source ...
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Delhi GST department officials or Enforcement Teams will not conduct raids or scrutinize records in the markets during peak festive sales. Authorities ...
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The Central Board of Indirect Taxes ( CBIC ) has issued Clarifications to allow Re-Filing of Refund Claim where NIL Refund Claim was filed inadvertent ...
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Leading over all states and Union Territories of the country Chandigarh ranked first in the country in the Goods and Service Tax (GST) collections by ...
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A racket of generating fake Goods and Services Tax (GST) invoices for fraudulently claiming the input tax credit (ITC) on non-supplied goods was buste ...
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The Centre has blamed the cyclical slowdown in sectors such as automobile and widespread rainfall during August for the low Goods and Services Tax (GS ...
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Falling goods and services tax collections seems to be driving a wedge between states and the Centre.
After Kerala, Punjab finance minister Manpree ...

Despite GST collections coming at an 18 month low for the month of September 2019, the Reserve Bank of India (RBI) in its Monetary Policy Report state ...
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Every PMC account holder is feeling the pinch. While many lost investments, there are others who have lost investments along with means to run their b ...
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The state Cabinet has decided to introduce the GST Amendment Bill, 2019 in line with the Union government’s requirements during the assembly session s ...
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There are growing concerns that the two major sources of tax revenues for state governments, the state goods and services tax (SGST) and central tax d ...
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About 93% of the goods and services taxpayers will be relieved of monthly return filing from the next fiscal year once the new simplified return syste ...
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The central government has given big relief to small traders. Goods and Services Tax (GST) assesses will be able to file GST Returns by sending only S ...
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Goods and services tax (GST) collections in September fell 2.7% to Rs 91,916 crore, the lowest monthly mop-up in 19 months, as floods and the auto slo ...
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Gujarat High Court has issued notices to the Centre, the Goods and Services Tax (GST) Council and the Central Board of Indirect Taxes and Customs (CBI ...
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Dried Tamarind & plates and cups made of all kind of leaves or flower or bark exempted .
Supplies of Silver and Platinum by nominated agencies ...

offline traders have once again approached the government against the huge discounts being offered in e-commerce giants Flipkart and Amazon's festive ...
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Directorate General of GST Investigation (DGGI) unearthed Rs 8.75 crore worth of tax evasion by two firms based in Surat and Vapi respectively on Frid ...
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Brokerage Jefferies said it expects sharp cuts to FY20 earnings estimates of auto companies despite the recent corporate tax cut bonanza. Downgrading ...
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Traders body CAIT on Sunday alleged that e-commerce portals during the festive sales are causing huge loss of revenue to the government by levying GST ...
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The National Anti-Profiteering Authority (NAA) for goods and services tax is likely to deliver orders, starting next month, in around 60 profiteering ...
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In Goa at its 37th meeting, the Goods and Services Tax (GST) Council made several recommendations to rationalize rates on some items, ease the complia ...
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The reduced GST rates may have brought cheer amongst the hotel industry across the country and to a state like Goa which is entirely dependent on tour ...
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Official of the Directorate General of GST Intelligence (DGGI) raided the premises of a security agency in Vapi of Valsad on Friday and found tax evas ...
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GST Network, the IT backbone of the indirect tax system, on Thursday unveiled an online refund process as decided by the GST Council.
With the depl ...

When the GST was launched in July 1, 2017 with the promise to simplify our incredibly complex indirect tax system and unify the country through a sing ...
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Domestic fan manufacturers have urged the government to bring down the GST to 12% from 18% at present, saying duty reduction will help the industry in ...
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Motor vehicles and biscuits may have hogged the headlines when the Goods and Services Tax (GST) Council decided not to lower the rates last week, but ...
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The decision to hike hotel room rates by hospitality chains has raised another concern in the market – will the benefits from the recent reduction in ...
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Society of Indian Automobile Manufacturers (SIAM) said that the auto industry would have to "find its own balance" to boost demand, with the GST Counc ...
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The Directorate General of GST Intelligence has unearthed a scam in which exporters from the National Capital Region (NCR) allegedly availed Goods and ...
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The "under-invoicing" of bicycles by some unscrupulous dealers in Ludhiana has hit the market of organised players and is also leading to GST evasion, ...
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Bengal finance minister Amit Mitra has urged N.K. Singh, chairman of the Fifteenth Finance Commission, to extend the tenure of the GST compensation to ...
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Shiromani Akali Dal (SAD) on Monday attacked chief minister Amarinder Singh, saying the government had not refunded the state goods and services tax ( ...
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Manufacturers of rail equipment, including wagons, coaches and rolling stock, will be able to get more input tax credit (ITC) with the GST Council app ...
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The controversy over whether post-sale discounts are taxable once again, between the peak supply of the festive season. The GST Council has withdrawn ...
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Council's decision to lower GST on room tariffs 'will certainly increase occupancy'. The tax on room tariff of above Rs. 7,500 was lowered to 18% from ...
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The GST rate reduction and corporate tax rate cuts will enhance ease of doing business, boost exports and make India more competitive with respect to ...
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- GST Council recommends lower 12% cess on 1,500 cc diesel, 1,200 cc petrol vehicles with capacity to carry up to 13 people.
- Group insur ...
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Goods and Services Tax (GST) Council has cut taxes on hotel accommodation, outdoor catering, cut and polished semi-precious stones and lowered cess on ...
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Diwali came early for India Inc and the bourses after the Centre slashed effective corporate tax to 25.17%, inclusive of all cess and surcharges, for ...
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The Council is expected to cut tax rates on hotels that charge room tariff of Rs. 7,500 or more per night and currently attract 28% GST.
The Counci ...

The Madras High Court has stayed an order of the Tamil Nadu Authority for Advance Ruling (AAR) that 18% GST is applicable on the entire amount of the ...
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RBI governor said that the government has little room for fiscal expansion. But he added there is more room to cut rates given the growth decele ...
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The government is considering a proposal to make e-way bills necessary for transportation of precious metals like gold to stop malpractices and check ...
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Govt. may levy differential rates of interest on taxpayers for delayed payment of Goods and Services tax (GST) in an attempt to prod businesses to pay ...
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The Centre on Wednesday said it will certainly take up the issue of "hefty" GST on hotel rooms' tariff in the meeting of its council as it impacts the ...
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The Centre’s move to scrap the import duty on open cell panel, which claims 65-70% of the television production cost, will be valid for one year after ...
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Govt. is looking at a single rate of 28% goods and services tax (GST) on lottery as part of the “one-nation, one-tax” principle, while also explo ...
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The Goods and Services Tax (GST) Council is likely rationalise rates for five-star hotels in its meeting on Friday, holding out hopes for a boost to t ...
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The new GST returns will replace the present system of GSTR-3B, GSTR-1 and the auto-populated GSTR-2A. Where GSTR-1 is the return of outward supplies, ...
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Some companies have dragged the government and the indirect tax department to court over goods and services tax (GST) levied on long-term lease agreem ...
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The GST Council may stay clear of reducing goods and services tax (GST) on biscuits, whose case is being aggressively pushed by companies led by Parle ...
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The ministry of electronics and IT and the Department for Promotion of Industry and Internal Trade (DPIIT) have pushed for reduction of goods and serv ...
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Govt. gave boost to liquidity in the farm sector ahead of the kharif harvesting season. It has decided not to levy the 2% tax deducted at source (TDS) ...
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Nirmala Sitharaman said that to boost demand in the automobile sector several temporary relief measures will be introduced including an increased depr ...
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To check malpractices in GST, the GST Network decided to make Aadhaar authentication or physical verification mandatory for new dealers from January 2 ...
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The fear of slowing automobile sales tipping over into a recession is mounting. The industry is pinning its hopes on a cut in the goods and services t ...
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The Goods and Services Tax (GST) Council meeting on Friday is likely to be a stormy affair, with some states opposing the Centre’s proposal to cut tax ...
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The Goods and Services Tax Network (GSTN) on Friday released two forms-- ANX-1 and ANX-2--for simplified online returns.
A taxpayer will have to fi ...

The all-powerful GST Council is set to discuss a proposal to exempt small businesses with annual turnover of less than Rs 2 crore from filing annual r ...
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An RBI panel on Friday suggested setting up of a federal body on the lines of the GST Council to implement reforms and boost credit flow in the agricu ...
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The CBI has arrested a superintendent in the Goods and Services Tax (GST) Department from Meerut for allegedly taking Rs 3 lakh to clear a pending cas ...
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India's apex decision body for goods and services tax (GST) could consider relief for the hotel sector, a proposal that is likely to be backed by stat ...
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Most states have pitched for extending the GST cess on automobiles, soft drinks, coal, tobacco and pan masala by another three years to compensate the ...
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The all-powerful GST Council is set to discuss a proposal to exempt small businesses with annual turnover of less than Rs 5 crore from filing annual r ...
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To bring relief to Mumbai’s real estate sector from the current slowdown, Maharashtra Finance Minister Sudhir Mungantiwar has sought goods and service ...
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Consumers and merchants might be able to avail tax incentive for digital payments through QR code on Unified Payments Interface (UPI) from next year. ...
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Small Goods & Services Tax (GST) assessees are likely to be exempted from filing annual returns for a year or so.
According to officials, small ...

Shares of auto companies rallied up to 10 per cent on the Bombay Stock Exchange (BSE) on Wednesday on hopes of GST rate cut after Finance Minister Nir ...
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The Director-General of Anti-Profiteering (DGAP) has begun investigations into NY Cinemas, PVR Cinemas and the Prasads Multiplex chain for allegedly p ...
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The Goods & Services (GST) Council is expected to resolve issues related with inverted duty structure for various sectors in its 37th meeting sche ...
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The equipment in question is the engine-booster turbochargers that attracted lower GST of 5 percent instead of applicable 28 percent
The Directorat ...

Amid the worst slowdown in the Indian automobile sector, Finance Minister Nirmala Sitharaman stated that the decline in auto sales is not due to just ...
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GST fitment committee will assess the long-standing demand of biscuit makers’ to provide GST relief on biscuits and the same is likely to be addressed ...
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The most powerful GST Council, in its meeting scheduled on 20th September is likely to propose a procedure to permit a single authority for sanctionin ...
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The severe financial crisis that the country has been witnessing impacted Telangana State’s economy and it had to be compensated for below par revenue ...
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The micro, small and medium enterprises (MSME) sector has hailed Centre’s move to quicken refunds of GST claims but expect more measures to cut down p ...
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The federation of aluminium vessel manufacturers has appealed to the Union Government to reduce the GST on these vessels.
Deputy Speaker Pollachi V ...

The indirect tax investigating agency allegedly found ABB India Ltd. evading goods and services tax by wrongly classifying equipment, according to a p ...
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The pan-India slowdown in Automobile Industry, which has been attributed mainly to higher GST rates by the industry leaders, has also started showing ...
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Top Goa hoteliers and tourism industry stakeholders sought reduction in the Goods and Services Tax (GST) on room tariff from 28 % to 12% to help the s ...
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Chamber of Commerce & Industry Jammu urged to get the dates for filling of all Income Tax and GST returns extended in J&K till December 31, 20 ...
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The clamour for lowering the goods and services tax rate for the auto industry, following the massive slowdown in the sector, may prompt the GST Counc ...
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Union minister Nitin Gadkari assured the crisis- hit automobile industry of all possible support from the government, including taking up the demand o ...
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GST levy on services is being applied on workers enrolling for the government's skill development programme, discouraging them and industries alike....
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The system of issuing e-invoicing (e-bill) ie online bill can be changed under GST. Initially, small companies can be exempted from this. According to ...
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A single authority for sanctioning and processing GST refunds is in the offing as the Finance Ministry looks to speed up and simplify the process for ...
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The Union government has finally decided to bite the bullet on a tax cut for the automobile sector, on a day the industry reported the worst August fo ...
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The government has again permitted gold and silver jewellery exporters to replenish the precious metal duty free after selling it at international exh ...
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In a swift action following Finance Minister Nirmala Sitharaman`s promise to clear all pending GST refunds of micro, small and medium enterprises (MSM ...
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India's gross GST collections slipped below Rs 1 lakh crore to Rs. 98202 Crore in August.Gross revenue collections from the Goods and Services Tax in ...
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