GST is getting dynamic with every passing month, especially in input tax credit claims and reconciliations We have entered a new financial...
Gross goods and services tax (GST) collections, including the proceeds of the compensation cess, came in at Rs 1.61 trillion in March...
Starting from April 1, 2023, the Indian government has set the maximum rate or limit of GST Compensation Cess on tobacco products...
The capping of the cess rate was brought in as part of the amendments to the Finance Bill, 2023, which was passed...
The Goods and Services Tax (GST) Council is likely to hold its next meeting in June when the long pending issue of...
The amendments would be brought in as part of the Finance Bill 2023 for Parliament approval. Thereafter, changes in state laws would...
The GST wing of the Central Board of Indirect Taxes & Customs (CBIC) is investigating over a dozen insurance companies for allegedly claiming wrongful input tax credits of...
Businesses with an annual aggregate turnover of Rs 10 crore and above are required to generate IRN (invoice reference number) Compliance solutions...
The goods and services tax rates for pencil sharpeners and rab has been lowered following the decisions taken at the GST Council meeting on...
GST Collections Data February 2023: The Goods and Service Tax (GST) revenue collection in February 2023 stood at Rs 1,49,577 crore, up 12...