GST News

GSTN introduces negative values in Table 4 of GSTR-3B

18 February 2023 at 07:33

The Government vide Notification No. 14/2022 – Central Tax dated 05th July, 2022 has notified few changes in Table 4 of Form GSTR-3B for enabling taxpayers to report correct information regarding ITC availed,

Posted in GST | 1 comments | 8310 Views

FM Nirmala Sitharaman: Petroleum products under GST framework if states agree

17 February 2023 at 08:37

Finance minister Nirmala Sitharaman on Wednesday said that petroleum products can be included in the Goods and Services Tax (GST) framework once an agreement in this regard is reached among states.

Posted in GST | 5748 Views

CBIC chairman exhorts young officers to maintain balance between facilitation and enforcement

11 February 2023 at 08:37

Chairman CBIC Shri Vivek Johri presides over Passing Out Ceremony of 72nd Batch of IRS (C&IT) Officers and exhorts young officers to maintain balance between facilitation and enforcement

Posted in GST | 5457 Views

GST council may consider setting up tribunal for indirect tax litigation

10 February 2023 at 08:32

GST Council may consider setting up a GSTAT this month for the expeditious resolution of indirect tax litigation to further reduce the compliance burden

Posted in GST | 2973 Views

GST Council meeting likely to be rescheduled to first week of March from 18th Feb

10 February 2023 at 08:32

GST Council meeting is likely to be rescheduled to first week of March. Earlier, it was scheduled to take place on February 18.

Posted in GST | 3795 Views

DGGI and NFSU signed MoU for setting up of digital forensic laboratories

08 February 2023 at 08:49

Directorate General of GST Intelligence (DGGI) and the National Forensic Sciences University (NFSU) signed a Memorandum of Understanding (MoU) for setting up of digital forensic laboratories

Posted in GST | 2439 Views

No major GST rationalisation, slab changes planned for now, says Revenue Secretary

06 February 2023 at 08:33

India is not planning any major rationalisation to rates under its goods and services tax (GST) regime and is also not considering any convergence of the slabs as of now, revenue secretary Sanjay Malhotra has said.

Posted in GST | 3177 Views

49th GST Council Meeting to held on 18th February

04 February 2023 at 08:36

The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, will meet on February 18.

Posted in GST | 1 comments | 4521 Views

GST collection at nearly Rs 1.56 lakh crore in January, second highest ever

01 February 2023 at 08:26

2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022

Posted in GST | 3945 Views

GST e-invoice system incorporates new validations for all B2B transactions

31 January 2023 at 08:40

GST e-invoice System has issued an Update dated January 30, 2023 on new validations incorporated for all B2B transactions, selection of PoS State Code as '96-Other Country' is enabled for HSN related to Services by way of transportation of goods.

Posted in GST | 11091 Views