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Key changes announced in 32nd GST council meeting today

   10 January 2019 at 16:15

The 32nd GST Council Meeting was held today at New Delhi. The FM has announced some favorable reforms for the businesses. Here are the key updates from the 32nd GST Council Meeting The GST registration threshold limit doubled. Increased to Rs.40 lak

Posted in GST  19 comments |   20970 Views


Detection of Rs 15278 crore of GST evasion

   10 January 2019 at 11:28

Investigation in 3626 cases of GST evasion/violations has been initiated in the present financial year by CGST (Central GST) formations (up to December, 2018).On the basis of investigation conducted so far it emerges that the amount of tax involved i

Posted in GST |   10791 Views


Now pay extra for the pretty Sedan costing over 10 lakhs

   05 January 2019 at 12:32

One of the recent amendments announced by the GST is the extra GST that you will now have to pay on the Tax Collected at Source by the automobile dealer.The government has said that the GST will be charged not just on the invoice value but also the T

Posted in GST  4 comments |   3798 Views


Gist of the decisions of GST council meetings in 2018

   05 January 2019 at 12:14

The GST Council has met 31 times so far. Till the 30th GST Council Meeting, a total of 918 decisions have been taken and 294 notifications have been issued by the Central Government. In the 31st GST Council Meeting held on 22nd December, 2018, a tot

Posted in GST |   10194 Views


CBIC issues multiple notification for implementing changes made in 31st GST council meeting

   02 January 2019 at 12:04

CBIC has notified the rate changes of various goods and services that were recommended by GST council in its 31st Meeting. These changes are applicable with effect from 1st January 2019.CGST Rate changes are given below for kind reference : 1

Posted in GST  2 comments |   16686 Views


GST revenue drop to 94726 crore in Dec 2018

   02 January 2019 at 11:35

Rs. 94,726 crore  of  total gross GST revenue collected in the month of December

Posted in GST |   2010 Views


Govt issues notification to waive late fees on GST

   01 January 2019 at 23:29

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 75/2018 – Central TaxNew Delhi

Posted in GST  7 comments |   9042 Views


Result of GST Practitioner exam held on 17 December

   27 December 2018 at 11:20

RESULT OF EXAMINATION OF GST PRACTITIONERS HELD ON 17.12.2018National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has conducted examination for confirmation of enrollment of Goods and Services Tax Practitioners (GSTPs) in terms of second

Posted in GST  8 comments |   11547 Views


Recommendations made during 31st Meeting of the GST Council

   22 December 2018 at 22:26

The GST Council in its 31st meeting held today at New Delhi made the following policy recommendations: There would be a single cash ledger for each tax head. The modalities for implementation would be finalised in consultation with GSTN and the Accou

Posted in GST |   10098 Views


Rate changes proposed by GST council during 31st meeting

   22 December 2018 at 22:26

GST Council in the 31st meeting held on 22nd December, 2018 at New Delhi took following decisions relating to changes in GST rates on goods and services. The decisions of the GST Council have been presented in this note for easy understanding. The sa

Posted in GST  2 comments |   6441 Views



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