Lowest ever GST on imports in March
The government managed to rake in just over Rs 18,000 crore through integrated GST (IGST) on imports in March, the lowest since the new tax regime kicked in 30 months…
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The government managed to rake in just over Rs 18,000 crore through integrated GST (IGST) on imports in March, the lowest since the new tax regime kicked in 30 months…
In a statement, the Goods and Services Tax Network (GSTN) said it has enabled tax officers of different states and union territories (UTs) to access their office during the lockdown…
Goods and services tax (GST) collection in March fell 8.4% to Rs 97,597 crore, failing to cross the physiologically important Rs 1-lakhcrore level after four months, in what was an…
GST collections in March slipped below the psychological Rs 1 lakh crore mark for the first time in four months to Rs 97,597 crore as COVID-19 lockdown that shut most…
Ahead of the Goods and Services Tax (GST) Council meeting on Saturday, the government is pushing for a review of the levy on mobile phones, footwear, fertiliser and man-made fibres…
The GST Council is likely to rationalise tax rates on five sectors, including mobile phones, footwear and textiles, and defer implementation of the new return filing system and e-invoicing in…
The government has collected Rs 1.05 lakh crore as GST revenue in February, up 8 per cent over the same month last year. The collection from Goods and Services Tax…
The Centre on Thursday said it has released Rs 19,950 crore as GST compensation cess to states and union territories (UTs) last Monday, taking the overall payout past the Rs…
Describing India’s latest tax reform GST (goods and service tax) as “the biggest madness of the 21st century,” said BJP Rajya Sabha MP Subramanian Swamy that the country needs to…
While addressing the media after a post-Budget meeting with industry representatives, the finance minister said states and the GST Council have to decide when they will bring this under GST.…
The ministry of corporate affairs is ready to launch Spice+, the new company incorporation form, with at least five new formalities — EPFO, ESIC & professional tax registration, opening of…
The Central Board of Indirect Taxes and Customs has frozen tax credits of around Rs 40,000 crore as the returns did not match, exposing alleged fraud by close to 2,000…
The government on Wednesday decided to allow staggered filing of GST returns, following repeated complaints of the online system getting clogged ahead of the monthly deadline.
Union finance minister Nirmala Sitharaman on Sunday said she had sought an assessment of the full year collection of goods and services tax (GST) before rationalising rates, indicating that a…