GST News

Govt mulls star rating system under GST to curb illegal ITC

08 October 2022 at 08:37

Aiming to decriminalise offences under GST, the government is working on a provision to raise the threshold limit for launching prosecution and lower charges for compounding of offence, an official said on 28 September.

Posted in GST | 4830 Views

New functionalities deployed on GST Portal for taxpayers - September 2022

07 October 2022 at 08:35

New Functionalities made available for Taxpayers on GST Portal (September, 2022)

Posted in GST | 8208 Views

6-month GST collection of Punjab up by 22%

06 October 2022 at 08:29

Punjab Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema has said Punjab has collected a GST of Rs 10,604 crore during the first six months of the current financial year

Posted in GST | 3600 Views

CBIC clarifies time limit for certain compliances effective from 1st Oct

05 October 2022 at 07:56

Clarification regarding time limit for certain compliances pursuant to issuance of Notification No. 18/2022-Central Tax dated 28.09.2022

Posted in GST | 6735 Views

Exporters call on FM Sitharaman to extend GST exemption on export freight

04 October 2022 at 07:39

Led by the Federation of Indian Export Organizations (FIEO), India's worried exporters have written to Finance Minister Nirmala Sitharaman requesting an extension of the previously-granted exemption from the Goods and Services Tax (GST) on export freight.

Posted in GST | 4758 Views

GSTN issues advisory on re-opening of TRAN forms to claim transitional ITC

01 October 2022 at 16:22

In compliance of the Hon'ble court's directive, the facility for filing TRAN-1/ TRAN-2 or revising the earlier filed TRAN-1/TRAN-2 on the GST common portal by aggrieved taxpayers, is now available on GSTN from 01.10.2022 till 30.11.2022.

Posted in GST | 5238 Views

GST collection rises 26% to over Rs. 1.47 lakh crore in Sept 2022

01 October 2022 at 15:37

The revenues for the month of September 2022 are 26% higher than the GST revenues in the same month last year.

Posted in GST | 2220 Views

Benefit of extended time limit to avail ITC till 30th Nov is applicable for FY 2021-2022 as well

01 October 2022 at 08:40

CBIC helpdesk clarifies that benefit of extended time limit to avail ITC till 30th Nov is applicable for FY 2021-2022 as well

Posted in GST | 9072 Views

GST fraud worth Rs 824 crore by 15 insurance companies detected

30 September 2022 at 08:49

The Mumbai branch of the Directorate General of Goods and Services Tax (GST) Intelligence has detected tax evasion of ₹824 crore by 15 insurance companies, intermediary marketing companies and multiple non-banking finance companies.

Posted in GST | 4683 Views