New Delhi, GST Council on Saturday largely accepted the recommendations of the Group of Ministers constituted to look into extending the ambit of GST concessions on COVID treatment-related medical devices …
GST reductions on COVID-related equipment and drugs extended till September Read More
New Delhi, In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) law due to the outbreak of the …
Government announces various relief measures for taxpayers under GST Read More
New Delhi, GST e-invoice system, the game changer in the GST system, has successfully completed journey of six months. During this period more than 39.81 Crores e-invoices have been generated …
GST e-invoices cross 39.81 Crores in six months Read More
New Delhi, The Central Government has released GST compensation of Rs. 30,000 crore to states as part compensation admissible for FY 2020-21 on 27th March, 2021. The total amount of …
Centre releases Rs. 30,000 crore as GST Compensation to States Read More
New Delhi, In the ongoing drive against availment of inadmissible ITC, officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East unearthed a multi-layered network of fictitious firms being …
One held by CGST Delhi East officials for availing fake input tax credit of Rs 82 crore Read More
New Delhi: With Chhattisgarh communicating its acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation, all the states barring Jharkhand have joined the Centre’s suggested formula …
All states except J’khand join Centre’s suggested formula on GST compensation Read More
New Delhi: Gross GST revenue collection in November stood at nearly Rs 1.05 lakh crore, an official statement said on Tuesday. The revenues for the month of November 2020 were …
November GST collection at nearly Rs 1.05 lakh Cr Read More New Delhi: Another opposition-ruled state Punjab has now communicated acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The states earlier had voiced its concern on …
Punjab chooses Option-1 to meet GST implementation shortfall Read More New Delhi: The expected improvement in GST collections will occur due to traction in economic activity during the festive month of November, said a SBI Ecowrap report on Thursday. According …
Expected GST improvement due to traction in economic activity: SBI Ecowrap Read More New Delhi: The gross GST revenue collected in the month of October 2020 was Rs 1,05,155 crore, an official statement said on Sunday. This is the first time in the current …
GST collection crosses Rs 1 lakh cr in Oct, first in FY21 Read More