GST News

Taxpayers Can Opt for FY 2024-25 Composition Scheme on GST Portal by 31st March 2024

13 February 2024 at 09:09

GSTN has introduced a significant update, enabling taxpayers to opt for the Composition Scheme for the Financial Year 2024-25.

Posted in GST | 6939 Views

Beware of Fake GST Summons, Verify Authenticity with CBIC Tools

12 February 2024 at 09:16

Caution against fraudsters sending fake and fraudulent Summons for GST violations

Posted in GST | 8190 Views

CGST Recovers Rs 1.25 Crore GST from 10 Garment Traders in Indore

12 February 2024 at 09:15

In a significant move against tax evasion, the Central Goods and Service Tax Department (CGST) has successfully recovered ₹1.25 crore from 10 readymade garments traders in the city of Indore.

Posted in GST | 2958 Views

Centre Owes Gujarat Rs 1,600 Crore in GST Returns

12 February 2024 at 09:15

In a recent development in the Gujarat State Assembly, Finance Minister Kanu Desai disclosed that the state has been pursuing over ₹1,500 crore in Goods and Services Tax (GST) returns from the central government.

Posted in GST | 2376 Views

Rajasthan GST Department Introduces Amnesty Scheme 2024

10 February 2024 at 16:40

The Rajasthan GST Department has recently introduced the Amnesty Scheme 2024 through Notification No. F.12(7)FD/TAX/2024-72, dated February 08, 2024.

Posted in GST | 4185 Views

GST Rate Rationalization Expected After Lok Sabha Polls, Says FinMin Official

10 February 2024 at 09:30

A senior official from the Finance Ministry has disclosed that any substantial changes in the Goods and Services Tax (GST) rates are likely to be postponed until after the upcoming Lok Sabha elections

Posted in GST | 3261 Views

Gujarat's GST Evasion: Over 9,000 Cases Reported in Last 4 Years

09 February 2024 at 09:17

Gujarat, often heralded as the epicenter of the business community, is grappling with a significant surge in Goods and Service Tax (GST) evasion cases, reaffirming its pivotal role in the nation's economic landscape.

Posted in GST | 2835 Views

GST Portal Expands Credit/Debit Card Payments to 4 New States

08 February 2024 at 09:23

In a bid to enhance convenience and accessibility for taxpayers, the Goods and Services Tax (GST) portal has rolled out a significant update, now allowing GST payments through Credit Cards and Debit Cards.

Posted in GST | 5394 Views

FIR Filed Against State Tax Assistant Commissioner and GST Officers for Rs 1 Crore Bribe

08 February 2024 at 09:23

In a shocking development, the Anti-Corruption Bureau (ACB) of Maharashtra has initiated legal proceedings against an Assistant Commissioner of the State GST department, along with other officers, for allegedly soliciting a massive bribe of Rs 1 crore.

Posted in GST | 3450 Views