GST

GST News

Issued show cause notices but no record of outcome of cases DGGI in RTI reply

Tax Evasion: टैक्स चोरी पर चौंकाने वाला खुलासा, मोदी सरकार के पास सात वर्षों में कार्रवाई का कोई रिकॉर्ड नहीं

Tax Evasion: पिछले सात वित्त वर्षों में 9359 करोड़ रुपये के टैक्स छिपाने के मामले पकड़ में आए लेकिन इसे…

Updated: January 8, 2022 2:11 pm

GST collection above 1 lakh crore in December

GST Collection: लगातार छठे महीने 1 लाख करोड़ रुपये से अधिक जीएसटी वसूल किया सरकार ने, पिछले महीने 13% अधिक कलेक्शन

GST Collection: पिछले साल के आखिरी महीने दिसंबर 2021 में सरकार को एक लाख करोड़ रुपये से अधिक का जीएसटी…

Updated: January 1, 2022 4:05 pm

GST meeting, finance minister, nirmala sitharaman, GST in textile, relief, textile industry, traders

GST Council unanimously decides to defer GST hike in textiles from 5% to 12%

The GST Council has unanimously decided to defer the GST hike in textiles from 5 per cent to 12 per…

Updated: December 31, 2021 2:22 pm

.E-way bill generation by businesses rose to 6.79 crore for September from 6.59 crore in August and 6.42 crore in July.

Pre-Budget meet: Tamil Nadu finance minister seeks merger of cesses, surcharges into basic taxes

The TN finance minister has requested the immediate release of the pending compensation of Rs 16,725 crore to the state.

Updated: December 31, 2021 1:17 am

The Council in its previous meeting on September 17 had decided to correct the inverted duty structure in footwear and textile sectors. (File)

States demand GST rate hike on textiles be put on hold

Industry too has opposed the rise in tax from 5 per cent, citing higher compliance cost especially for the unorganised…

Updated: December 30, 2021 7:11 pm

modi Government extends FY21 GST annual return filing deadline

GST Annual Return Filing Deadline: जीएसटी रिटर्न फाइल करने की बढ़ी डेडलाइन, अब इस तारीख तक दाखिल हो सकेंगे फॉर्म

GST Annual Return Filing Deadline: केंद्र सरकार ने कारोबारियों को बड़ी राहत दी है.

Updated: December 30, 2021 12:39 pm

Govt to exceed FY22 tax collection target, direct tax mop-up at Rs 6 lakh cr till Oct: Revenue secy

चालू वित्त वर्ष में सरकार की और बढ़ सकती है कमाई, लक्ष्य से ज्यादा टैक्स कलेक्शन की उम्मीद

सरकार ने चालू वित्त वर्ष में कर संग्रहण 22.2 लाख करोड़ रुपये रहने का अनुमान लगाया है. यह पिछले वित्त…

November 21, 2021 3:45 pm

GST Hike : कपड़े, जूते-चप्पल अब और होंगे महंगे, GST बढ़ कर 12 फीसदी हुआ

सरकार 5 फीसदी के टैक्स स्लैब को हटा सकती है. अब सिर्फ 12, 18 और 28 फीसदी की दरें रखने…

November 20, 2021 3:38 pm

Grants non-philanthropic donations received by charitable trusts to attract 18 percent GST rules AAR

चैरिटेबल ट्रस्ट को भी चुकानी पड़ सकती है 18% GST, अथॉरिटी ने सुनाया बड़ा फैसला

चैरिटेबल ट्रस्ट को जो भी ग्रांट और गैर-परोपकारी डोनेशंस हासिल होते हैं, उस पर 18 फीसदी की जीएसटी चुकानी होगी.

November 17, 2021 2:21 pm

CBIC asks GST officers to block ITC only on basis of evidence, not suspicion

Input Tax Credit: महज संदेह पर जीएसटी ऑफिसर्स ब्लॉक नहीं कर सकेंगे टैक्स क्रेडिट, सीबीआईसी ने तय किए गाइडलाइंस

इनपुट टैक्स क्रेडिट (ITC) को अब महज संदेह के आधार पर जीएसटी फील्ड ऑफिसर्स ब्लॉक नहीं कर सकेंगे. सीबीआईसी ने…

November 5, 2021 11:58 am

second highest collection of GST in october since its implementation

GST Collection in October: फेस्टिव सीजन ने बढ़ाया जीएसटी कलेक्शन, चिप की किल्लत के बावजूद लगातार चौथे महीने 1 लाख करोड़ से अधिक संग्रह

GST Collection in October: फेस्टिव सीजन के चलते खरीदारी बढ़ी है और इसका असर सरकारी खजाने पर भी दिख रहा…

November 1, 2021 4:05 pm

“Festive dispatches by month-end will be very high,” All India Transporters Welfare Association (AITWA) joint secretary Abhishek Gupta told FE.

GST Collection in September 2021: लगातार तीसरे महीने 1 लाख करोड़ से अधिक कलेक्शन, सितंबर में कोरोना से पहले का संग्रह छूटा पीछे

GST Collection in September 2021: जीएसटी के जरिए अप्रैल के बाद सितंबर महीने में सबसे अधिक राजस्व संग्रह हुआ.

Updated: October 1, 2021 2:42 pm

GST रिफंड क्लेम करने के लिए अब जरूरी होगा आधार सत्यापन, सरकार ने लागू किया नया नियम

CBIC की ओर से जारी नोटिफिकेशन में कहा गया है कि 1 जनवरी 2022 से जो कारोबारी Summary Return दाखिल…

September 25, 2021 10:16 pm

Papad vs Fryum Why do you end up paying more for some food items and less on others know here in the details

Papad vs Fryum: गोल पापड़ पर नहीं लगता GST, लेकिन फ्रायम पर देना पड़ता है टैक्स; जानिए, एक जैसे फूड आइटम्स पर अलग-अलग क्यों हैं कर की दरें

Papad vs Fryum: पारंपरिक पापड़ और पैकेटबंद फ्रायम समान इनग्रेडिएंट्स से बनते हैं लेकिन इन पर लागू जीएसटी में बड़ा…

Updated: September 21, 2021 1:48 pm

Papad vs Fryum: Why do you end up paying more for some food items and less on others?

GST rates for food items: GST rates on food items currently ranges between NIL rates to 18% in India. The…

Updated: September 20, 2021 5:30 pm

Come Jan 1, non-filers of 1 monthly GST return to be barred from filing GSTR-1

नए साल से एक माह का जीएसटी रिटर्न दाखिल नहीं करने पर जमा नहीं कर सकेंगे GSTR-1

कंपनियों को अपने जीएसटी पंजीकरण को बायोमीट्रिक आधार से जोड़ना होगा, तभी वे रिफंड के लिए दावा कर सकेंगी.

September 18, 2021 2:54 pm

Come Jan 1, non-filers of 1 monthly GST return to be barred from filing GSTR-1

The Council has now decided businesses will now have to link their GST registration with biometric Aadhaar for claiming tax…

September 18, 2021 1:14 pm

Nasscom hails GST Council’s clarification on scope of ‘intermediary services’

Nasscom also welcomed the decision of the Council to clarify that subsidiaries or group companies (companies incorporated in India) will…

September 18, 2021 12:32 pm

GST काउंसिल ने इन आइटमों पर घटाया टैक्स, ये रही पूरी लिस्ट

जीएसटी काउंसिल की 45 वीं बैठक में कई अहम फैसले किए गए. इसमें कोरोना की दवाओं पर जीएसटी छूट बढ़ाकर…

September 17, 2021 10:15 pm

GST Council Meeting : GST के दायरे में नहीं आएंगे पेट्रोल-डीजल, Swiggy, Zomato पर लगेगा टैक्स

निर्मला सीतारमण ने कहा कि पेट्रोल-डीजल को जीएसटी के दायरे में लाने का मुद्दा बैठक में सिर्फ इसलिए आया क्योंकि…

Updated: September 17, 2021 9:53 pm

Loading…

Something went wrong. Please refresh the page and/or try again.

GST Photos

gst-council-meeting-finance-minister-nirmala-sitharaman-petrol-diesel-tax-zomato-swiggy-good-and-service-tax

GST Council Meeting LIVE: कोरोना की दवाइयों पर GST की घटी दरें 31 दिसंबर तक लागू

GST Council Meeting LIVE: : केंद्रीय वित्त मंत्री निर्मला सीतारमण के नेतृत्व में आज 17 सितंबर को लखनऊ में गुड्स…

Updated: September 17, 2021 8:11 pm

GST Council LIVE: No cheer on petrol and diesel front; Swiggy, Zomato-like services to come under GST

GST Meeting LIVE: The GST Council today decided to extend exemption various vocid-19 related drugs till December end. Other non-covid…

Updated: September 17, 2021 8:33 pm

Odisha records 41% jump in August GST collection

The increase in collection was also due to the rise in prices of iron and steel and collection from matured…

September 4, 2021 2:34 pm

GST mop up tops Rs 1 lakh crore for second straight month; at Rs 1.12 lakh crore in August

India’s economy grew by a record 20.1 per cent in April-June quarter, helped by a weak base of last year…

Updated: September 1, 2021 5:10 pm

PTR Palanivel Thiaga Rajan, Tamil Nadu Finance Minister

Idea Exchange| A competent, powerful Union govt is clearly needed… But can’t rule which school gets toilet sitting in Delhi: Tamil Nadu Finance Minister PTR Palanivel Thiaga Rajan

“During the initial lockdown easing, the Union Home Ministry was trying to tell us when we could or couldn’t open…

Updated: August 22, 2021 12:25 am

Robust tax revenues this fiscal to improve tax-GDP ratio: Revenue secretary Tarun Bajaj

The governments’ gross tax collections (after refunds but before devolution) stood at Rs 5.31 lakh crore in Q1FY22, 97% higher…

Updated: August 12, 2021 12:48 am

GST hit Kerala’s tax revenue, system needs rethink: KN Balagopal

The state government fears that the state’s tax revenues would deteriorate once the five-year guaranteed GST compensation ends in June…

Updated: August 4, 2021 11:52 pm

Robust Rise: July GST mop-up sees smart recovery

Gross GST collections, after remaining above the Rs 1-lakh-crore mark for eight months in a row, came in at Rs…

Updated: August 2, 2021 12:07 am

GST collection in July increased 33 percent touches 1.16 lakh crore rupees

जुलाई में GST कलेक्शन 33% बढ़ा, 1.16 लाख करोड़ रुपये पर पहुंचा आंकड़ा

GST Collection in July: GST कलेक्शन जुलाई में 33 फीसदी बढ़कर 1.16 लाख करोड़ रुपये पर पहुंच गया.

August 1, 2021 3:12 pm

With the impact of the second Covid-19 wave waning and the vaccination drive making progress, parts of the economy are expected to look up from July.

GST: End hibernation on dispute resolution

The GST Council must evolve the rules for adjudication in time, lest a solution on resolving disputes itself becomes dispute-ridden

Updated: July 26, 2021 12:19 am

PIL seeks setting up of GST tribunal to cut backlog of cases

“The constitution of National and other Benches of the appellate tribunal under Section 109 of the CGST Act, 2017 is…

Updated: July 22, 2021 11:14 pm

GST bonanza for old gold jewellery buyers; now pay tax only on difference between purchasing, selling price

When any product is purchased, it is loaded with GST. When a business entity resells the same product after refurbishing,…

Updated: July 17, 2021 10:00 am

Centre front-loads GST aid; Rs 75,000 crore released to states

Of the Rs 75,000 crore released now, Karnataka will be the highest recipient (Rs 8,542 crore), followed by Maharashtra (Rs…

Updated: July 15, 2021 11:57 pm

In reply to a separate question, Chaudhary said in 2020-21 fiscal, 7,268 cases of input tax credit (ITC) fraud was detected by Central GST officers, involving an amount of Rs 31,233 crore.

GST क्षतिपूर्ति: केंद्र ने राज्यों को जारी किए 75,000 करोड़ रुपये

केंद्र सरकार ने राज्यों और केंद्र शासित प्रदेशों के जीएसटी राजस्व में कमी की क्षतिपूर्ति के लिए 75,000 करोड़ रुपये…

July 15, 2021 10:21 pm

Centre borrows, releases Rs 75,000 crore to compensate states for GST revenue shortfall

The Finance Ministry in a statement said the amount released is about half of the Rs 1.59 lakh crore that…

Updated: July 15, 2021 8:24 pm

The Council will likely debate on streamlining GST rates and inverted duty structure, tightening anti-evasion and fake input tax credit availed by scamsters to boost revenues.

Special GST Council meet likely in August after monsoon session of Parliament

Earlier, the fitment panel of the Council had recommended continuation of the process of correcting inverted rate structures that dented…

Updated: July 15, 2021 12:27 am

जून में GST कलेक्शन में बड़ी गिरावट, आठ महीने के बाद 1 लाख करोड़ रुपये से नीचे आया

पिछले आठ महीनों से हर महीने जीएसटी की वसूली एक लाख करोड़ रुपये से अधिक हो रही थी . मई…

July 6, 2021 7:20 pm

GSTN enables functionality to lodge complaint of PAN misuse for GST registration

Any person whose PAN has been misused can lodge such a complaint. Following that, it would be sent to the…

June 30, 2021 8:25 pm

Compensation: Unpaid GST dues to states for FY21 at Rs 74,398 crore, says West Bengal FM Amit Mitra

The GST Council meetings have become “acrimonious, vexing and almost toxic with erosion of mutual trust”, he said.

Updated: June 24, 2021 12:39 am

(Of course, the 15th FC has sought to balance this by also rewarding efforts to control population even as it went by the 2011 census to determine inter se share of divisible-pool taxes among states).

GST was a mistake, time to undo the damage: Kerala FM KN Balagopal

Given that few states had witnessed their natural growth rates in recent years, it was legitimate to extend the GST…

Updated: June 21, 2021 2:22 am

Loading…

Something went wrong. Please refresh the page and/or try again.

GST Videos

In case of establishment strength of more than 1,000 for all those with Rs 15,000 per month salary, only employee's share (12 per cent of wages) is credited by the Government to the EPFO.

Across the Aisle by P Chidambaram: Will we write an elegy for GST?

Enter Ms Nirmala Sitharaman. At every successive meeting of the Council there has been only more conflict, confrontation and, now,…

Updated: June 20, 2021 2:27 am

equity, equity investment, mutual fund, MF, direct equities, Nifty ETF, Sensex ETF, Midcap ETF, BSE 500 ETF, Mutual Fund, MF, Exchange Traded Fund, ETF, risk, diversification, capital rquirement, taxation, Gold Mutual Fund, Gold ETF, Gold Mutual Fund vs Gold ETF, better investment option, gold, SIP, mutual fund investment

How e-invoicing is helping businesses from remote areas to get connected with mainstream development

Although SMBs may not have been initially keen on adopting technology for generating their invoices, with the new mandate in…

Updated: June 19, 2021 12:20 pm

Manjula Muthukrishnan, MD —India operations, Avalara

Tax automation: Easing GST compliance and taxation with technology solutions

Leveraging Artificial Intelligence, Avalara aims to make a mark in the Indian market by addressing dynamic taxation and accounting needs…

June 17, 2021 8:32 am

In contrast, the bad loan ratio of scheduled commercial banks stood at 7.5% as of March 2021, having eased from 8.4% a year before, the RBI said in its latest report in July.

GST Council Meeting : ब्लैक फंगस की दवा पर GST नहीं, कोरोना वैक्सीन पर पुरानी दर बरकरार

28 मई को जीएसटी काउंसिल की बैठक में कोविड-19 वैक्सीन और मेडिकल सप्लाई पर टैक्स कटौती का मुद्दा अनसुलझा रह…

Updated: June 12, 2021 4:19 pm

सिलेंडर, ऑक्सीमीटर, पीपीई किट समेत कोविड के सामानों पर घटेगा GST? 12 जून को होगा फैसला

Updated: June 10, 2021 5:24 pm

Odisha has also sought an extension in compensation period beyond June next year.

GST compensation: States set to drive a hard bargain

At least six states – West Bengal, Kerala, Chhattisgarh, Punjab, Tamil Nadu and Odisha – are seeking extension of the…

Updated: June 8, 2021 1:31 am

While the amount borrowed under the RBI-enabled mechanism last year was Rs 1.1 lakh crore — there was still a shortfall, Rs 60,000-Rs 70,000 crore by one estimate — the idea is to borrow some Rs 1.58 lakh crore in 2021-22.

May Mop-up: GST collection above Rs 1 lakh crore; revenues 65% higher than that in May last year

For the second year in a row, the Centre will borrow under special, relatively low-cost mechanism in 2021-22 to bridge…

Updated: June 6, 2021 1:25 am

कोरोना की दूसरी लहर की मार, मई में घट गया सरकार का GST कलेक्शन

यह लगातार आठवां महीना है, जब जीएसटी संग्रह का आंकड़ा एक लाख करोड़ रुपये से अधिक रहा है. हालांकि, मई…

Updated: June 5, 2021 6:40 pm

Covid relief items: Meghalaya CM Conrad Sangma-led GOM to examine GST cut

“(To examine) medical grade oxygen, pulse oxymeters, hand sanitisers, oxygen therapy equipment such as concentrators, generators and ventilators, PPE kits,…

Updated: May 30, 2021 1:31 am

Late fee relief to non-filers of GST returns to help small biz, add to revenue: Experts

The late fee for non-furnishing of GSTR-3B for July 2017 to April 2021 has been capped at Rs 500 per…

May 29, 2021 11:31 am

GST Council Meeting: जीएसटी काउंसिल की 2021 में पहली बैठक, वित्तमंत्री कर सकती हैं बड़े एलान

GST Council Meeting Today: कोरोना की दूसरी लहर के बीच साल 2021 में पहली बार GST काउंसिल की बैठक 28…

May 28, 2021 10:22 am

GST Council Meet Highlights: Covid-19 relief material, black fungus drug exempted from tax; return filing simplified

GST Council Meet Highlights: The GST Council met today after a gap of over seven months.

Updated: May 28, 2021 11:12 pm

The government should consider doubling the limits under Section 80D.

How India is leading by example with its faceless E-assessment system for income tax

The most important aspect of new procedure is coverage of ‘Best judgement assessment’ in faceless Assessment Scheme.

May 8, 2021 11:44 am

Tax Waiver: कोविड रिलीफ के लिए सरकार का बड़ा एलान, मुफ्त बांटने के लिए इंपोर्ट किए सामानों पर नहीं लगेगा IGST

निजी इस्तेमाल के लिए इंपोर्ट किए जाने वाले ऑक्सीजन कंसंट्रेटर पर IGST रेट पहले ही 28 फीसदी से घटाकर 12…

May 3, 2021 10:17 pm

Hence, any measures taken to improve the compliance also impacts core business processes that are primarily driven by customer requirements, marketplace practices and commercial necessities.

कारोबारियों को केंद्र सरकार ने दी बड़ी राहत, बिना लेट फीस फाइल कर सकेंगे मार्च-अप्रैल का GSTR-3B रिटर्न

मार्च और अप्रैल महीने के लिए जिन कारोबारियों ने टैक्स का भुगतान नहीं किया है और GSTR-3B रिटर्न नहीं दाखिल…

May 2, 2021 2:08 pm

GST, goods and services tax, tax, world bank

No backdate entries, recovery cases, more return filing, others help tax officers to up GST collection

Every taxpayer in India spends a good deal of time and money in undertaking tax compliance and procedures, still the…

April 10, 2021 5:02 pm

The collection figure crossed Rs 1 lakh crore despite the fact that most states have been under strict lockdown due to the pandemic, the ministry said.

System generated returns under GST to accelerate digitization; more GST reforms may boost taxpayer confidence

Majorly, at present two returns are required to be filed by every registered taxpayer. GSTR-1 and GSTR-3B. GSTR-1 is a…

April 10, 2021 11:28 am

“I shudder to think the position for Punjab next year with a likely deficit of 60% from assured compensation,” Badal wrote as concerns mount on states ahead of end of five year protection to GST revenues in June 2022.

At Rs 1.24 lakh crore, March GST mop-up a new record

GST collections being above the Rs 1-lakh-crore mark for the sixth month in a row and being above the year-ago…

Updated: April 1, 2021 11:58 pm

In FY20, tax transfers to states were down 15% on year.

Improved buoyancy in Q4: Centre releases extra Rs 45,000 crore to states from divisible pool

Top recipient states are Uttar Pradesh (Rs 1,06,687 crore), Bihar (Rs 59,861 crore) and Madhya Pradesh (Rs 46,922 crore).

Updated: April 1, 2021 11:09 pm

The Covid pandemic has affected private investment in FY21, but there would be new investments in the coming months, he added.

Both tax revenue and expenditure to surpass revised estimates in FY21: Tarun Bajaj

Asked whether there is any evidence of the sharp cut in corporate tax rate prompting companies to make new investments,…

Updated: April 1, 2021 10:43 pm

Loading…

Something went wrong. Please refresh the page and/or try again.

US Stock Market

FAANGM stocks tumble up to 4% YTD; Nifty 50 beats Nasdaq, Dow, S&P500, Facebook, Google, Amazon, other shares

Blockchain ETFs, Global X Blockchain ETF, what to buy, Bitcoin, cryptocurrencies, Coinbase Global shares,

Blockchain ETFs to add to your watchlist for diversifying your portfolio in 2022

S&P 500, Nasdaq 100, Jerome Powell, inflation, economy, equities

S&P 500 halts five-day slide, Nasdaq 100 outperforms major benchmarks after Powell’s remarks on inflation and economy

share price, Apple, Microsoft, Amazon, Facebook, Tesla, Nasdaq 100, Invesco QQQ

‘Buy the dip’ investors power up rebound in Nasdaq 100

Tesla stock may rally 17%, says Morgan Stanley; Elon Musk’s EV giant-headed to massive production

View All