GST News
GST data reveals 50% increase in number of Indirect Taxpayers
29 January 2018 at 13:30GST data reveals 50% increase in number of Indirect Taxpayers Economic Survey says-Maharashtra, Gujarat, Karnataka, Tamil Nadu & Telangana account for 70% of India’s exports India’s internal trade in goods and services is 60 percent
Gross tax collections on track for first eight months of GST era
29 January 2018 at 13:30The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley tabled the Economic Survey 2017-18 in Parliament today.
Rs 86703 crore revenue collection from GST in December
27 January 2018 at 12:51Total Revenue Collections under GST for the month of December 2017 stand at Rs. 86,703 crore till 24th January 2018;One crore taxpayers have been registered under GST so far till 24th January, 2018 of which 17.11 lakh are Composition Dealers The tot
CBEC issues notification on GST
24 January 2018 at 11:26First Amendment 2018, to CGST RulesReduction of late fee in case of delayed filing of FORM GSTR-1Reduction of late fee in case of delayed filing of FORM GSTR-5Reduction of late fee in case of delayed filing of FORM GSTR-5AReduction of late fee in cas
Recommendations for Changes in GST rate on certain goods
19 January 2018 at 11:19The Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi today. The Council has recommended certain in GST/IGST rate and clarifications in respect of GST rate on Goods specified below as per discussions i
Policy Changes recommended by the 25th GST Council Meeting
19 January 2018 at 11:19The Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi today. The following Policy Changes have been recommended by the GST Council in its 25th meeting held today: The late fee payable by any registered
Recommendations made on GST Rate changes in services
19 January 2018 at 11:19The Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi today. The Council has recommended many relief measures regarding GST rates ongoods and services covering many sectors and commodities. The Counci
Updated FAQ on GST as on 1st January 2018
06 January 2018 at 12:521. Overview of Goods and Services Tax (GST)Q 1. What is Goods and Services Tax (GST)?Ans. It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption wit
ICAI releases updated background material on GST
06 January 2018 at 12:52ICAI releases updated background material on GST PFA the enclosed attachment to know in details
Scheme of budgetary support for cash component of GST for NE region
02 January 2018 at 11:10Scheme of budgetary support for cash component of CGST and IGST for eligible industrial units for residual period in States of North Eastern region and Himalayan states Pursuant to decision of the Cabinet Committee on Economic Affairs for grant of bu
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