GST News

Finance Ministry to constitute 16th Finance Commission this year

05 April 2023 at 08:35

Finance ministry on Monday told the Lok Sabha that it was going to constitute the 16th Finance Commission (SFC) in the current calendar year.

Posted in GST | 3123 Views

ICAI requests members to update profile on SSP portal with GSTIN by 15th April 2023

03 April 2023 at 08:36

Updation of Member's Profile at Self Service Portal with GSTIN

Posted in GST | 24045 Views

Gross GST collection for FY 2023 crossed Rs.18 lakh crore

01 April 2023 at 17:25

₹1,60,122 crore gross GST revenue collected for March 2023

Posted in GST | 5043 Views

eInvoice2 Portal to be introduced from 1st April 2023

31 March 2023 at 08:46

NIC is happy to introduce eInvoice2 portal. It is second portal of NIC-IRP

Posted in GST | 14364 Views

SOP for scrutiny to be finalized ahead of the launch of GST Appellate Tribunal

31 March 2023 at 08:45

Together Parliament cleaning the deck to establish GST Appellate Tribunal to resolve rising disputes under the nearly six-year-old indirect tax regime, the revenue department

Posted in GST | 3789 Views

FM grants GST exemption on cancer drug for minor

30 March 2023 at 08:39

India's indirect taxes body gave a ₹7 lakh goods and services tax exemption for a cancer medication for a small girl.

Posted in GST | 4818 Views

Ministry of Finance states 15% increase in GST Collection YoY

28 March 2023 at 08:41

There has been an increase of 15% in GST Collection in the month of December (FY 2022-23) as compared to the month of December (FY 2021-22)

Posted in GST | 2970 Views

Lok Sabha approves setting up of GST Appellate Tribunal to solve disputes

25 March 2023 at 08:46

Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST.

Posted in GST | 3072 Views

Develop mechanism for online audit of GST: Parliamentary Panel on Finance

24 March 2023 at 08:37

A high-level Parliamentary panel has suggested to the government to look into the possibility of developing a mechanism for online audit in GST, in order to make the process more efficient and less intrusive.

Posted in GST | 3120 Views

GSTN | HSN Code Reporting in e-Invoice on IRPs Portal

23 March 2023 at 08:32

We would like to inform you that this requirement has already been implemented in the GST system, and we are now in the process of implementing the same at IRPs portal in collaboration with our IRP partners including NIC.

Posted in GST | 6090 Views