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95610 crore GST collected in June 2018

   02 July 2018 at 11:01

Rs 95,610 crore of total gross revenue collected in June 2018 as compared to last month�s revenue of Rs. 94,016 croreMonthly average of GST collection in the last financial year was Rs. 89,885 croreGST revenue collection for June 2018The total

Posted in GST |   7578 Views


Government celebrates 1st GST Day

   02 July 2018 at 11:01

Government celebrates 1st GST Day; Finance Minister and Industry Stalwarts commemorate the first year of the unprecedented reform of Indian taxationIndirect Tax collections increase by 11.9%; 1.5% increase expected in the Non oil category, post GST r

Posted in GST |   3039 Views


Petrol, Diesel not to be brought under GST: Sushil Modi

   30 June 2018 at 13:27

When being asked about the tentative time of bringing Petrol under the new GST regime, the Goods and Service tax council member and Bihar Dy. Chief Minister Sushil Kumar Modi ruled its possibility out in the near future.While addressing the PHD Chamb

Posted in GST  2 comments |   9936 Views


GST Council to Meet On 21st July

   29 June 2018 at 10:59

The 28th meeting of the GST Council will be held in New Delhi on Saturday, the 21st of July, 2018 from 11:00 hours.Prior to that, a preparatory meeting of officers will be held in New Delhi on Friday, the 20th of July, 2018 from 10:00 hours.

Posted in GST  1 comments |   9399 Views


28th GST council meeting will be held on 19th July

   25 June 2018 at 10:57

28th GST Council meeting to be covened through Video Conferencing on 19th July 2018 (Thursday).

Posted in GST  1 comments |   4503 Views


GST fraud involving fake invoices of 43 crore unearthed

   25 June 2018 at 10:57

Posted in GST  8 comments |   16206 Views


Rs 6087 crore IGST refund sanctioned in the 2nd special refund fortnight

   21 June 2018 at 11:02

Total GST refund disposed till 16th June, 2018 stands at Rs 41,548 crore ; Rs.6,087 crore IGST refund sanctioned in the 2nd Special Refund Fortnight extended from 31st May, 2018 to 16th June, 2018.In line with the commitment of Government to liquidat

Posted in GST  2 comments |   8253 Views


Amendment in IT Rule 10CB in respect of computation of interest income

   20 June 2018 at 17:52

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 20th June, 2018Amendment in Rule 10CB of IT Rules, 1962 in respect of computation ofinterest income pursuant to secondary adjustment u/s 92CE of IT Ac

Posted in GST  1 comments |   5349 Views


Process adopted for Refund of IGST paid on export of goods

   20 June 2018 at 11:04

Process Adopted for Refund of IGST Paid on Export of Goods and Facility to Track Transmission of Invoice Data to ICEGATE: How to correctly file Invoice date details in Table 6A of Form GSTR-1

Posted in GST  4 comments |   9105 Views


GST lead to formalisation of economy says Govt

   18 June 2018 at 17:02

Historic tax reform, the Goods and Service Tax (GST), has resulted in formalization of economy and consequently, information flow would eventually augment not only the Indirect Tax collections but also Direct Tax collections. In the past, the Centre

Posted in GST  1 comments |   2808 Views



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