GST News
New functionalities deployed on GST Portal for taxpayers - July 2022
12 August 2022 at 08:38New Functionalities made available for Taxpayers on GST Portal (July, 2022)
GST authority arrests 4 in separate cases of tax evasion
09 August 2022 at 08:43The Goods and Services Tax (GST) authority arrested four people last week in separate cases of tax evasion worth ₹52 crore and ₹78 crore as part of its drive against fake invoices, a Union finance ministry spokesperson said on Monday.
Clarification regarding no imposition of GST on 'Sarais' run by religious/charitable trusts
05 August 2022 at 08:32Certain sections of the media and social media are spreading the message that GST has recently been imposed with effect from 18 July, 2022 even on 'Sarais' run by religious/charitable trusts. This is not true.
Clarification regarding GST rates & classification of goods based on recommendations of 47th GST Council Meeting
04 August 2022 at 08:47Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 47th meeting held on 28th – 29th June, 2022 at Chandigarh
CGST officials arrest one for fraudulently availing ITC of more than Rs 8 crore
04 August 2022 at 08:47On the basis of an alert, an investigation against M/s Niyati Steels has been undertaken by CGST Delhi West Commissionerate.
No GST on Withdrawal Of Cash From Banks
03 August 2022 at 08:48There is no GST on withdrawal of cash from banks, said Finance Minister Sitharaman on Tuesday.
GSTN introduces Single Click NIL filing of GSTR-1
02 August 2022 at 17:39Single click Nil filing of GSTR-1 has been introduced on the GSTN portal to improve the user experience and performance of GSTR-1/IFF filing.
E-invoicing limit reduced from existing Rs. 20 crore to Rs. 10 crore w.e.f. 1st October 2022
02 August 2022 at 08:43In the said notification, in the first paragraph, with effect from the 1st day of October, 2022, for the words "twenty crore rupees", the words "ten crore rupees" shall be substituted.
GST Revenue collection for July second highest ever at Rs. 1.49 lakh crore
01 August 2022 at 14:04GST Revenue collection for July second highest ever & 28% higher than the revenues in the same month last year
Scientists criticise GST hike on scientific equipment in India
25 July 2022 at 08:28Several scientists have expressed displeasure with the Centre's recent decision to increase Goods and Services Tax (GST) rates on scientific equipment.
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