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Goods and Service Tax (GST)
Monsoon Session faces washout with Opposition not ready to relent on GST, inflation
Sun, Jul 24, 2022
The Congress has put the onus on the government, with the party`s Rajya Sabha MP Jairam Ramesh saying, "The Modi Sarkar`s blanket refusal to hold debate on the urgent issues of price rise and GST on food items is a problem."
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GST on Casino, Online Gaming, Horse Racing: Will tax be hiked from 18% to 28%? GoM meeting today - What we know so far
Tue, Jul 12, 2022
GST on Casino, Online Gaming: A meeting of the Group of Ministres (GoM) will be held on Tuesday to decide the tax bracket of Goods and Services Tax (GST) for Casino, Online Gaming, and Horse Racing. In this meeting, the GoM will consider increasing the GST by 28%. Check Zee business Ambrish Pandey's report.
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Cos with over Rs 5 cr annual turnover will soon have to generate GST e-invoices for B2B transactions: Official
Thu, Jul 07, 2022
From April 1 last year, companies with turnover over Rs 50 crore were generating B2B e-invoices, and the threshold was brought down to Rs 20 crore from April 1, 2022.
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June GST collection at Rs 1.44 lakh crore; 2nd highest since implementation
Fri, Jul 01, 2022
During the month, revenues from import of goods was 55% higher and the revenues from domestic transaction (including import of services) are 56% higher than the revenues from these sources during the same month last year.
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GST Returns: From TDS, e-commerce operators to taxpayers under QRMP scheme; check the last date for filing returns - See list here
Wed, Mar 09, 2022
The Central Board of Indirect Taxes and Customs (CBIC) has put up a number of tweets regarding the last due date for filing GSTR returns under various categories.
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Finance Ministry to release Rs 47,541 cr advance installment of tax devolution to states; total of Rs 95,082 crore for January 2022
Thu, Jan 20, 2022
The Centre will on Thursday release an advance installment of tax devolution to the states amounting to Rs 47,541 crore, the Finance Ministry said.
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GST mop-up in November stands at Rs 1.31 lakh crore, second-highest since rollout
Wed, Dec 01, 2021
Goods and Services Tax (GST) collections jumped to over Rs 1.31 lakh crore in November, the second highest since its implementation in July 2017, in line with the trend in economic recovery, the finance ministry said on Wednesday.
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Uniform GST rate on man-made fibre value chain to reduce compliance burden, help create jobs
Mon, Nov 22, 2021
The uniform 12 per cent GST rate on man-made fibre (MMF), yarn, fabrics and apparel will reduce compliance burden for the industry and help the sector emerge as a big employment generator, the textiles ministry said on Monday.
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GST Taxpayers ALERT! Due date for QRMP scheme TOMORROW; check the IFF facility - See whole PROCESS here
Thu, Aug 12, 2021
The GST taxpayers who have availed the QRMP scheme will be able to enjoy the full convenience of the Invoice Furnishing Facility (IFF). They must note that their due date is tomorrow, August 13, 2021.
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