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GST News


54th GST Council Meeting to Focus on GoM Reports on Rate Rationalization and Real Estate Reforms

   07 September 2024 at 09:04

The 54th meeting of the GST Council is set for September 9, 2024, in New Delhi, with a comprehensive agenda that includes updates from two key Groups of Ministers (GoM).

Posted in GST |   1677 Views


GSTN: Biometric-Based Aadhaar Authentication Rolled Out for GST Registration in Bihar, Delhi, Karnataka & Punjab

   07 September 2024 at 09:03

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Bihar, Delhi, Karnataka and Punjab

Posted in GST |   4518 Views


GST Below Revenue Neutral Rate, Easing Taxpayer Burden: FM Nirmala Sitharaman

   06 September 2024 at 09:08

Ahead of the GST Council meeting on September 9, Union Finance Minister Nirmala Sitharaman emphasized that the current GST rate of 12.2% is significantly lower than the revenue neutral rate (RNR) of 15.3%.

Posted in GST |   3714 Views


GST Payments Now Accepted by 29 Banks

   06 September 2024 at 09:01

The GSTN has added banks for acceptance of GST payments and among them Bandhan Bank Limited and IDFC First Bank Limited. By this addition, the cumulative of the banks which are connected to the GST portal now stands at 29; this makes it easier for ta

Posted in GST |   1548 Views


GST Council to Discuss Relief Measures and Sector-Specific Challenges in 54th GST Meeting

   06 September 2024 at 08:56

The 54th GST Council meeting is set for September 9 in New Delhi, with a packed agenda addressing key issues across multiple industries.

Posted in GST |   2160 Views


No GST Exemption for EV Charging at Public Stations, 18% Tax to Continue

   06 September 2024 at 08:53

In a recent verdict, the GST Fitment Committee including the state as well as the central revenue officers said 'no' to the request made by the EV industry to remove 18% GST on charging services across public stations.

Posted in GST |   2340 Views


GST Council to Discuss Online Gaming Taxation and Fake GST Registrations in 54th Meeting

   05 September 2024 at 09:09

The upcoming 54th GST Council meeting on September 9, 2024, will focus on key issues such as the taxation of online gaming, ongoing efforts against fake GST registrations, and amendments under the Finance Act, 2024.

Posted in GST |   1368 Views


Unemployed Man Duped in Rs 250 Crore GST Fraud After Falling for Job Scam

   04 September 2024 at 09:08

IntroductionAshwani Kumar, a young man from Barsu village in Muzaffarnagar, Uttar Pradesh, was struggling to find employment when he received what seemed to be a lifeline - a job offer through a WhatsApp call.

Posted in GST |   2769 Views


Nitin Gadkari Urges GST Reduction on Flex Fuel Vehicles to 12% to Boost Bioenergy Adoption

   04 September 2024 at 09:07

Union Minister for Road Transport and Highways, Nitin Gadkari, has made a compelling case for reducing the Goods and Services Tax (GST) on flex-fuel vehicles to 12%, down from the current 28% levied on internal combustion engine (ICE) vehicles.

Posted in GST |   1851 Views


GSTN issues Advisory on Reporting of supplies to unregistered dealers in GSTR1/GSTR 5

   04 September 2024 at 09:05

Govt has reduced the threshold limit for reporting of invoice-wise details of inter-state taxable outward supplies made to unregistered dealers from 2.5 Lakh to 1 Lakh

Posted in GST |   1026 Views



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