GST News

Tamil Nadu, UP and Maharashtra Lead in Monthly GST Return Filing

27 June 2024 at 09:00

Uttar Pradesh, Tamil Nadu, and Maharashtra have emerged as frontrunners in filing GST returns on a monthly basis, highlighting their economic prowess, according to data from GSTN, the company processing tax returns.

Posted in GST | 2073 Views

General Insurance Sector Receives Rs 18K Crore Relief as GST Council Drops Tax Demand

27 June 2024 at 08:59

In a significant move ahead of the Union Budget, the general insurance sector has received a substantial relief amounting to over Rs 18,000 crore.

Posted in GST | 666 Views

GST Council to Reconstitute 3 GoMs as 11 New State Ministers Join

26 June 2024 at 08:54

On Saturday, the 53rd GST Council meeting marked a significant shift as 11 new ministers from states including Andhra Pradesh, Bihar, Chhattisgarh, Haryana, Madhya Pradesh, Mizoram, Odisha, Rajasthan, Sikkim, Telangana, and Tripura joined the council.

Posted in GST | 3189 Views

Maruti Suzuki Faces Rs 5.4 Crore GST Demand Notice

25 June 2024 at 09:00

Maruti Suzuki India Limited (MSIL), the nation's largest car manufacturer, has been issued a Goods and Services Tax (GST) demand notice amounting to Rs 5.4 crore

Posted in GST | 909 Views

Businesswoman Arrested in Rs 10,000 Crore GST Fraud Case by Noida Police

25 June 2024 at 09:00

The Noida Police have successfully apprehended a 40-year-old businesswoman from Coimbatore, Tamil Nadu, for her alleged involvement in a massive ₹10,000 crore Goods and Services Tax (GST) fraud. T

Posted in GST | 2643 Views

53rd GST Council Meeting: List of New Rate Changes for Goods and Services

25 June 2024 at 09:00

FM chaired a crucial pre-Budget consultation with finance ministers of states and Union Territories. This significant meeting was followed by the 53rd meeting of the GST where several pivotal decisions were made to streamline taxation.

Posted in GST | 6318 Views

Gaming Industry Faces Continued Uncertainty Following 53rd GST Council Meeting

24 June 2024 at 08:58

The gaming industry is reeling from the recent GST Council meeting, which failed to address its plea for a revised tax structure.

Posted in GST | 2760 Views

53rd GST Council Meeting: Key Highlights

22 June 2024 at 20:28

The 53rd GST Council meeting, held today, introduced several significant changes aimed at easing the tax burden on taxpayers and reducing litigation.

Posted in GST | 13506 Views

E-Way Bill Generation Reaches Second All-Time High in May with 10.32 Crore

21 June 2024 at 08:58

In an unexpected surge, e-way bill generation in India reached 10.32 crore in May, marking the second-highest level since the system's inception.

Posted in GST | 789 Views

GST Authorities Withdraw Rs 202.83 Crore GST Demand Against Jagran Prakashan

21 June 2024 at 08:53

In a significant relief to Jagran Prakashan, the publisher of the widely-read Hindi daily Dainik Jagran, the government has rescinded a substantial goods and services tax (GST) demand totaling Rs 202.83 crore.

Posted in GST | 5271 Views