GST News
CBIC Issues Key Instruction on Systemic Improvements for Officer Mapping/De-Mapping on GSTN Portal
05 October 2024 at 09:14The Central Board of Indirect Taxes and Customs (CBIC), via Instruction No. 04/2024-GST dated October 4, 2024, has announced significant systemic improvements to streamline the mapping and de-mapping of officers on the GSTN portal.
Supreme Court Allows GST ITC on Construction Costs for Buildings Essential for Rental Services
04 October 2024 at 09:12On October 3, 2024, the Supreme Court ruled that buildings essential for supplying services such as renting may qualify for the "plant" exception under Section 17(5)(d) of the Central Goods and Services Tax (CGST) Act.
GST Tribunal Takes Over: No New Anti-Profiteering Cases from FY26
03 October 2024 at 08:58From April 1, 2025, the anti-profiteering mechanism under the Goods and Services Tax (GST) regime will cease to operate, marking a significant change for businesses and consumers.
GST Collections Slow to 6.5% in September, Totaling Rs 1.73 Lakh Crore
02 October 2024 at 09:41GST revenue growth rate slowed to 6.5% in September, with collections totalling Rs 1.73 lakh crore, according to government data released on Tuesday.
Over 150 Suspicious Agencies in Himachal Pradesh Under Investigation for GST Fraud
02 October 2024 at 09:39The Excise and Taxation Department of Himachal Pradesh is investigating over 150 agencies registered under fraudulent means, as part of a nationwide crackdown on fake GST registrations.
Insurance Companies Face Rs 20,000 Crore GST Liability for Rule Violations: DGGI
02 October 2024 at 09:36The DGGI has uncovered significant GST violations by insurance companies, revealing that many have failed to pay GST on services provided to employees in Special Economic Zone (SEZ) units.
Infosys GST Case: Decision Pending Reply from IT Company, Says DGGI
02 October 2024 at 09:35The Directorate General of GST Intelligence (DGGI) has been investigating Infosys since 2020 in connection with tax evasion allegations related to the import of services from its branch offices abroad.
New Mechanism to Curb GST Fraud in ITC Claims Expected by November
02 October 2024 at 09:32The Union Ministry of Finance is advancing efforts to curb fraudulent Input Tax Credit (ITC) claims related to the Goods and Services Tax (GST) paid under the Reverse Charge Mechanism (RCM).
GSTN Issues Advisory On e-Services App to Replace e-Invoice QR Code Verifier App
02 October 2024 at 09:31GSTN is pleased to inform the launch of the new GSTN e-Services app, which replaces the old e-Invoice QR Code Verifier App.
CBIC Amends Customs Exemptions & Concessions to Align HS Codes with Finance (No. 2) Act 2024
02 October 2024 at 09:30In a significant move to streamline customs operations, the Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 45/2024-Customs, effective October 1, 2024.
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