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Rs. 96,483 crores of GST Collected in July 2018

   02 August 2018 at 11:31

The Total Gross GST Revenue collected in the month of July 2018 is Rs. 96,483 crore of which CGST is Rs. 15,877 crore, SGST is Rs. 22,293 crore, IGST is Rs. 49,951 crore (including Rs. 24,852 crore collected on imports) and Cess is Rs. 8,362 crore (i

Posted in GST  1 comments |   1974 Views


Two Businessmen arrested for issuing Fraudulent ITC Invoices under GST

   02 August 2018 at 11:31

Central GST Delhi West Commissionerate arrests two Rohini based businessmen today in national capital in a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods involving tax evasion of approximately Rs. 201 cr

Posted in GST  1 comments |   3750 Views


Rs. 54,378 crore of Refunds processed under GST 3rd Refund Fortnight

   02 August 2018 at 11:31

Total Rs 54,378 crore of Refunds processed by the Centre and the States till 31st July, 2018 under GST during the Third Refund Fortnight.As part of the continued focus of the Government of India to liquidate pending GST refunds, the Central Board of

Posted in GST |   2025 Views


June 2018 Review of the Union Government's Accounts

   01 August 2018 at 11:42

Monthly Review of the Account of the Union Government of India up to the month of June 2018 for the Financial Year 2018-19 The Monthly Account of the Union Government of India upto the month of June, 2018 has been consolidated and Reports have be

Posted in GST |   6447 Views


Due Date of GSTR-6 for ISD Extended till Sept 30th

   01 August 2018 at 11:42

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection(i)] Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNotification No. 30/2018 - Central TaxNew Delhi, the 30t

Posted in GST |   2142 Views


Draft Simplified GST Return Formats

   31 July 2018 at 11:23

Key features of Monthly ReturnsBackground: GST Council in its 27th meeting held on 4thMay, 2018 had approved the basic principles of GST return design. Now in its 28th meeting held on 21st July, 2018, GST Council approved the key features and new for

Posted in GST |   13689 Views


CBIC issues 28 Notification Related to GST Rates on Goods & Services

   30 July 2018 at 12:09

CBIC issues 28 Notification Related to GST Rates on Goods & Services on 26th July 2018 which are effective from 27th July 2018. Notifications include Notification No. 2/2018-Compensation Cess (Rate), Notification No. 13 to 21/2018-Central Tax (Ra

Posted in GST |   12288 Views


Recommendations for GST Simplification for SMEs

   30 July 2018 at 12:09

Sub: Recommendations for Simplification of GST for Small and Medium Enterprises (SME).We have read with detail the recommendations of the 28th GST Council Meeting and we are happy to note the efforts taken by the Council to simplify business processe

Posted in GST |   2208 Views


List of Changes in GST Rate on Goods in 28th GST Council Meeting

   23 July 2018 at 11:25

GST COUNCIL RECOMMENDS GST RATES REDUCTION ON SEVERAL GOODS &for specified handicraft itemsGST rates have been recommended to be brought down to Nil on Sanitary Napkins &Rakhi& more GoodsGST Council recommends for allowing refund to fabri

Posted in GST  3 comments |   14196 Views


GST rate on Services- 27 Major Changes in 28th GST Council meeting

   23 July 2018 at 11:25

The GST Council in its 28th meeting held here today under the Chairmanship of Shri Piyush Goyal , Union Minister for Railways , Coal , Finance & Corporate Affairs took following decisions relating to exemptions / changes in GST rates / ITC eligi

Posted in GST |   4311 Views



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