GST News
Revenue Secretary Vows to Curb GST Flexibility Abuse by Buyers and Sellers
06 February 2024 at 07:53In a recent interview, Revenue Secretary Sanjay Malhotra unveiled the government's proactive stance towards curbing Goods and Services Tax (GST) evasion, emphasizing measures to prevent abuse of corrective flexibility granted to businesses.
GST Appellate Tribunals (GSTAT) Anticipated to Launch by July or August 2024
06 February 2024 at 07:51In a recent interview, Revenue Secretary Sanjay Malhotra disclosed that the long-awaited Goods and Services Tax (GST) Appellate Tribunals, aimed at resolving taxpayer disputes within the indirect tax framework, are on the cusp of commencing operations.
Enhanced GST System Introduced with Innovative e-Invoice Portal
05 February 2024 at 09:20The Government of India, in collaboration with States and Union Territories, has unveiled an upgraded Goods and Services Tax (GST) system, incorporating the advanced e-Invoice System.
GST Council Contemplates Pan-India Biometric Authentication Rollout for Registration, Says CBIC Chief
05 February 2024 at 09:18In a significant move to combat fraudulent practices in GST registration, the GST Council is considering a proposal to make biometric-based Aadhaar authentication mandatory pan-India for individuals deemed suspicious, seeking GST registration
DGGI Unearths 1,700 Fraudulent ITC Cases Worth Rs 18,000 Crore; 98 Arrests in FY 2023-24
05 February 2024 at 09:14DGGI detects 1,700 fraudulent ITC cases involving Rs. 18,000 crore with 98 arrests in Financial Year 2023-24 (up to December 2023)
Maharashtra GST Dept Unveils Guidelines for SGST Reimbursement on Movie Tickets
03 February 2024 at 09:21The Maharashtra GST Department has issued Trade Circular No. 01T of 2024 dated January 29, 2024. The circular outlines a comprehensive procedure for the submission and processing of refund applications concerning the reimbursement of the SGST component.
GST Revenue Hits Record Rs 1.72 Lakh Crore during Jan 2024, Surges by 10.4% YoY
01 February 2024 at 08:431,72,129 crore gross GST revenue collected during January 2024; records 10.4% Year-on-Year growth
GST Officials Urged to Ditch Public Emails For Official Communication Amid Rising Phishing Threats
30 January 2024 at 15:23CBIC Issues Circular Mandating Transition to Gov.in/Nic.in Email IDs for Customs & GST OfficialsIn a move aimed at bolstering cybersecurity measures, the office of the Directorate General of Systems & Data Management of the central government
GST Evasion: Chandigarh Immigration Firms Face Scrutiny
30 January 2024 at 09:20In a proactive move to curb potential tax evasion, six teams from the Goods and Services Tax (GST) Department recently conducted raids on multiple immigration firms in the city.
GTRI Urges CBIC to Simplify Notifications for Enhanced Industry Understanding
29 January 2024 at 09:06In a bid to enhance industry understanding and compliance, the Global Trade Research Initiative (GTRI) has urged CBIC to simplify the complex language used in its notifications regarding customs duties.
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