GST,

GST alleges Rs 44.66 crore excise duty evasion, Bombay HC quashes show cause notice to Supermax Personal Care

GST alleges Rs 44.66 crore excise duty evasion, Bombay HC quashes show cause notice to Supermax Personal Care

Mumbai: In a relief to Supermax Personal Care Pvt Ltd, a firm involved in manufacturing and selling Supermax razor blades, the Bombay Hig...Read More

Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy case

Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy case

Gujarat Co-operative Milk Marketing Federation Ltd, which markets dairy product under Amul brand, had approached the AAR on the taxabilit...Read More

COVID-19: Maharashtra CM Uddhav Thackeray writes to PM Modi for medical oxygen, Remdesivir and necessary relief measures

COVID-19: Maharashtra CM Uddhav Thackeray writes to PM Modi for medical oxygen, Remdesivir and necessary relief measures

As the COVID-19 is wreaking havoc in Maharashtra, Chief minister Uddhav Thackeray has written two letters to PM Narendra Modi.While in th...Read More

Indirect tax collections up by 12% in FY 2020-21; GST down by 8% amid COVID-19

Indirect tax collections up by 12% in FY 2020-21; GST down by 8% amid COVID-19

The provisional figures for indirect tax collections (GST and non-GST) for the financial year 2020-21 show that net revenue collections a...Read More

GST should be citizen-friendly, provisional attachment draconian: Supreme Court

GST should be citizen-friendly, provisional attachment draconian: Supreme Court

The Supreme Court on Wednesday said the taxman cannot see all businesses as fraudulent, as it made sharp observations against the manner ...Read More


GST to be levied on underlying goods/services in gift vouchers: rules AAAR

GST to be levied on underlying goods/services in gift vouchers: rules AAAR

Kalyan Jewellers India Ltd has approached the Appellate Authority for Advance Ruling (AAAR) against the ruling by the Tamil Nadu state Au...Read More

Maharashtra leads GST march; records 14% rise in collections

Maharashtra leads GST march; records 14% rise in collections

Maharashtra continues to march ahead in the country’s total record GST collection of Rs 1,23,902 crore in March, collecting Rs 17,038.49 ...Read More

Highest GST collection: Rs 1.24 lakh crore GST collected in March 2021; up by 27%

Highest GST collection: Rs 1.24 lakh crore GST collected in March 2021; up by 27%

The Goods and Service Tax (GST) collections have crossed Rs 1.24 lakh crore in March 2021. It was up by 26.96 per cent from Rs 97,590 cro...Read More

Not possible to bring petrol, diesel under GST for next 8-10 years: Sushil Modi

Not possible to bring petrol, diesel under GST for next 8-10 years: Sushil Modi

Centre and states collectively collect over Rs 5 lakh crore tax on petroleum products, Modi told the Rajya Sabha while participating in a...Read More

GST collections, pandemic impact on middle class, and frustrating OPEC policies: Three things investors should know on March 24, 2021

GST collections, pandemic impact on middle class, and frustrating OPEC policies: Three things investors should know on March 24, 2021

Buoyant GST collections: MoS Finance Anurag Thakur informed that GST collection has been above Rs 1 lakh crore for five months since Octo...Read More

GST collections top Rs 1 lakh crore for five straight months since October 2020: MoS Finance

GST collections top Rs 1 lakh crore for five straight months since October 2020: MoS Finance

Increased economic activities have resulted in higher GST collection which stood above Rs 1 lakh crore for five months in a row since Oct...Read More

Ready to discuss bringing petrol, diesel under GST at Council meet: Nirmala Sitharaman

Ready to discuss bringing petrol, diesel under GST at Council meet: Nirmala Sitharaman

The Centre also taxes and the states also tax. If there is this concern about the fuel tax, I think based on today’s discussion - many o...Read More

States may face Rs 3 lakh crore GST compensation shortfall in FY22: Report

States may face Rs 3 lakh crore GST compensation shortfall in FY22: Report

States may face a GST compensation shortfall of Rs 3 lakh crore in the next financial year, a situation that will force them to borrow mo...Read More

Finance ministry releases entire Rs 1.10 lakh crore estimated FY 2021 GST shortfall to states

Finance ministry releases entire Rs 1.10 lakh crore estimated FY 2021 GST shortfall to states

The finance ministry on Monday said it has released the full Rs 1.10 lakh crore estimated GST compensation shortfall to the states with t...Read More

No proposal to bring petrol, diesel, ATF, gas under GST: FM Sitharaman

No proposal to bring petrol, diesel, ATF, gas under GST: FM Sitharaman

When the GST was introduced on July 1, 2017, amalgamating over a dozen central and state levies, five commodities - crude oil, natural ga...Read More

Civil aviation ministry working on demand to bring jet fuel under GST, says  Civil aviation secretary Pradeep Singh Kharola

Civil aviation ministry working on demand to bring jet fuel under GST, says Civil aviation secretary Pradeep Singh Kharola

The civil aviation ministry is working on the airline industry's demand to bring Aviation Turbine Fuel (ATF) under the ambit of GST and h...Read More

Input tax credit fraud: GST officials arrest a Delhi-based man over fraud allegations worth Rs 43 crore

Input tax credit fraud: GST officials arrest a Delhi-based man over fraud allegations worth Rs 43 crore

An individual named Ravinder Kumar has been arrested by the Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Har...Read More

Under new GST rules from April 1, e-invoice mandatory for business with over Rs 50 crore turnover

Under new GST rules from April 1, e-invoice mandatory for business with over Rs 50 crore turnover

New Delhi: The government has made it mandatory for businesses with over Rs 50 crore turnover to generate e-invoices for B2B transactions...Read More

Teji Mandi: What’s keeping the rising GST collections momentum going?

Teji Mandi: What’s keeping the rising GST collections momentum going?

The government has collected Rs 1.13 lakh crore as the goods and services tax (GST) revenue in February, up 7% over the same month last y...Read More

Rs 5.6 crore Input Tax Credit fraud detected in Pune, one held

Rs 5.6 crore Input Tax Credit fraud detected in Pune, one held

Commissionerate of Central Goods and Service Tax, Pune-II has detected fake Input Tax Credit (ITC) of Rs 5.6 crore and bogus invoices of ...Read More

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