GST News


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 |   2379 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 |   3453 Views


GST Appellate Tribunal to Expand with 50 New Benches: Revenue Secretary

 08 February 2024 at 09:22

As India continues on its growth trajectory, the spotlight shines on the efficacy of its tax policies, particularly the Goods and Services Tax (GST).

Posted in GST |   2097 Views


Govt Plans to Remove GST Invoice Edit Option To Revise Output Liability

 07 February 2024 at 09:04

The government is contemplating eliminating the flexibility for buyers and sellers to revise their output liability by locking invoices and removing the edit option in the next financial year, as revealed by Revenue Secretary Sanjay Malhotra.

Posted in GST |   13371 Views


GST Officials Detects 14,597 Tax Evasion Cases from April to December

 07 February 2024 at 09:03

In a recent disclosure to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary revealed the proactive measures undertaken by GST officers to curb tax evasion.

Posted in GST |   5049 Views


GST Notices Surge Prompts Push for Risk-Based State Assessments

 07 February 2024 at 09:00

India's corporate sector is currently grappling with a flood of show-cause notices regarding Goods and Services Tax (GST) payments, prompting a call for increased scrutiny and a shift towards risk-based assessments by state authorities.

Posted in GST |   2619 Views



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