GST News

Uber and Other Ride-Hailing Apps Seek Government Clarity on GST Liability

16 July 2024 at 08:58

In a significant move, several app-based ride-hailing services, including Uber, have approached the Union Finance Ministry, the Goods and Services Tax (GST) Council, and the Authority for Advance Rulings (AAR) to clarify their tax liabilities.

Posted in GST | 1 comments | 2688 Views

GST Council Reconstitutes Key Panel to Boost System Reform

16 July 2024 at 08:57

In a strategic move to enhance the effectiveness of the GST regime, the GST Council has reconstituted a crucial ministerial group.

Posted in GST | 2229 Views

GSTN: Refund of Additional IGST paid on account of Upward Revision in prices of goods subsequent to Exports

15 July 2024 at 08:52

GST Council has approved that application of refund of additional IGST paid on account of upward revision in prices of goods subsequent to exports may also be processed by Tax Administration.

Posted in GST | 666 Views

Businessmen Meet GST Officials to Address Rising Tax Evasion

13 July 2024 at 09:09

Punjab is emerging as a state with one of the highest tax evasion rates in India, with authorities apprehending numerous criminals involved in bogus billing worth billions of dollars daily.

Posted in GST | 756 Views

CBIC Notifies FORM GSTR-1A for Seamless Amendments to FORM GSTR-1 Details

12 July 2024 at 09:12

The Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 12/2024 – Central Tax dated July 10, 2024, has introduced a new optional facility allowing registered taxpayers to amend details in FORM GSTR-1

Posted in GST | 3126 Views

CBIC Updates Rule 142 of CGST Act with New Procedures for Voluntary Tax Payments

12 July 2024 at 09:12

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 12/2024 - Central Tax dated July 10, 2024, to further amend Rule 142 of the CGST Rules.

Posted in GST | 8406 Views

CBIC Mandates Filing of FORM GSTR-4 by June 30th from FY 2024-25 Onwards

12 July 2024 at 09:11

CBIC issued Notification No. 12/2024 - Central Tax dated July 10, 2024. This notification, exercised under the powers conferred by Section 164 of the CGST Act, introduces a new proviso to sub-rule (1)

Posted in GST | 1863 Views

CBIC Extends Deadline for Filing Form GST RFD-11

12 July 2024 at 09:09

In a recent update, CBIC issued Notification No. 12/2024 – Central Tax dated July 10, 2024, which brings significant changes to the timelines for receiving export payments under the CGST Rules.

Posted in GST | 4980 Views

CBIC Issues Amendments to Circular on Proper Officers for GST Registration and Composition Levy

11 July 2024 at 08:54

CBIC issued Circular No. 223/17/2024-GST on July 10, 2024. This circular introduces amendments to the earlier Circular No. 1/1/2017-CT dated June 26, 2017.

Posted in GST | 4404 Views