GST News
CBIC issued Central Goods and Services Tax (Amendment) Rules, 2022
07 July 2022 at 16:29In exercise of the powers conferred by section 164 of the CGST Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017
DGGI Mumbai Zonal Unit busts fake GST ITC of Rs. 35.11 Crores
07 July 2022 at 08:53The Mumbai Zonal Unit of the Directorate General of GST Intelligence [DGGI-MZU] on Saturday, 2 July 2022 arrested Amanpuneet Singh Kohli, Director of M/s. Immensa Multiventures Pvt. Ltd. and six other Companies under the provisions of the CGST Act, 2017.
Scope for further pruning of GST exemption list: Revenue Secretary Tarun Bajaj
06 July 2022 at 08:33Revenue secretary Tarun Bajaj on Tuesday said there is scope for further pruning of the GST exemption list and expressed hope that the "rough edges" in the indirect tax regime will be ironed out in the next 2-3 years.
GST e-invoicing to be made mandatory for companies with turnover of Rs 5 crore and above
05 July 2022 at 12:32The Centre is reportedly considering making GST e-invoicing compulsory for entities with a turnover of Rs 5 crore from this financial year.
CBIC honours taxpayers contributing to the GST success story
02 July 2022 at 08:5032 officers awarded with commendation certificate on 5th of GST Day
GST collection crosses Rs. 1.44 lakh crore for June 2022
01 July 2022 at 14:25Rs. 1,44,616 crore gross GST Revenue collection for June 2022; increase of 56% year-on-year
GST rate changes to take effect from 18th July 2022
30 June 2022 at 08:41Several goods and services will cost more from July 18 with the Goods and Services Tax (GST) Council approving an increase in rates to address inverted duty structures and withdrawing some exemptions.
Key Highlights of 47th GST Council Meeting
28 June 2022 at 08:41Recommendations of 47th GST Council Meeting
GST compensation cess levy extended till March 2026
25 June 2022 at 16:00The government has extended the time for levy of GST compensation cess by nearly 4 years till March 31, 2026.
GST officials unearthed tax evasion worth over 125 crore
22 June 2022 at 08:46State GST (investigation) officials have unearthed tax evasion to the tune of crores of rupees by a Perumbavoor gang, which allegedly forged bills using iron scrap dealership as a front and misappropriated input tax.
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