GST News

2 Factor Authentication Deadline Extended for Taxpayers with AATO above 100 crore till 31st July 2023

15 July 2023 at 07:24

The GST E-way bill system issued an Update dated July 14, 2023 related to extended 2 Factor Authentication for all taxpayers with AATO above 100 crore till July 31, 2023.

Posted in GST | 11007 Views

Assam Govt Mandates Registered Lease Deed / Rent Agreement for GST Registration

13 July 2023 at 13:35

The Assam GST Department has issued Circular No. 01/2023 dated July 07, 2023, which mandates the furnishing of a valid rent agreement/lease deed duly registered with the Sub-Registrar or competent authority for registration under GST.

Posted in GST | 19302 Views

Indian Gaming Industry Braces for Job Cuts as GST Increase Sparks Concerns

13 July 2023 at 08:52

The Indian gaming industry is facing a major crisis after the GST Council decided to levy a 28% GST on online gaming, casinos, and horse racing.

Posted in GST | 6741 Views

50th GST Council Meeting: Key Takeaways

11 July 2023 at 08:52

The 50th GST Council meeting was held on 11 July 2023 in New Delhi.

Posted in GST | 20874 Views

GSTN Now Under PMLA, Enables Data Sharing with ED and FIU

10 July 2023 at 08:53

The government has brought the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).

Posted in GST | 13149 Views

GST Scam: 25% of 69000 Suspected Accounts Fake, Rs 15000 Crore Evasion Potential Uncovered

10 July 2023 at 08:52

The Central Board of Indirect Taxes and Customs (CBIC) has found that around 25% of 69,000 suspected GST accounts are fake. These accounts have availed benefits of around Rs 15,000 crore.

Posted in GST | 7548 Views

GSTN introduces new feature to help businesses verify additional places of business

08 July 2023 at 08:56

Goods and Services Tax Network (GSTN) has introduced a new feature in the "Search Taxpayer" option to provide users with access to a list of "Additional Places of Business" (APBs).

Posted in GST | 15243 Views

GSTN | Geocoding Functionality Now Live for All States and Union Territories

08 July 2023 at 08:55

GSTN is pleased to inform that the functionality for geocoding the principal place of business address is now live for all States and Union territories

Posted in GST | 6018 Views

Karnataka GST Dept takes initiatives to improve GST compliance

07 July 2023 at 16:50

Karnataka GST Department issued Circular No. GST-03/2023-24 on June 13, 2023. The circular outlined a number of measures that the department will be taking to ensure revenue collection, compliance, and effective GST Audit.

Posted in GST | 4389 Views