Snakes, Tractor Ride, Waterlogged Area and Secret Godowns: How GST anti-evasion team unearthed illegal firecrackers racket
The Anti-Evasion Branch, CGST Commissionerate Faridabad, Panchkula CGST Zone, received information about illegal sale of firecrackers and acted swiftly in the matter.
Oct 15, 2022, 08:26 AM IST
GST e-invoicing mandatory for B2B transactions from October
The initial date for its rollout was April 1, 2020, but the Centre notified October 1, 2020, as the revised date for the implementation of e-invoicing.
Centre releases Rs 36,400 crore GST compensation to states for three months
The Centre has released Rs 36,400 crore as GST compensation to the states and union territories for three months till February 2020. For the April-November 2019 period, the Centre had already released Rs 1,15,096 crore to compensate states and UTs on account of revenue loss due to implementation of the Goods and Services Tax (GST).
Jun 05, 2020, 07:12 AM IST
Gross GST collection in February at Rs 1,05,366 crore, says Finance Ministry
According to the Union Finance Ministry, the GST revenues during the month of February 2020 from domestic transactions has shown a growth of 12 per cent over the revenue during February last year.
Mar 01, 2020, 22:45 PM IST
GST needs structural changes, says Rahul in Gandhinagar's rally
Congress vice-president Rahul Gandhi on Saturday said that structural changes are needed in the Goods and Services Tax (GST).
Nov 11, 2017, 12:10 PM IST
Tax-GDP ratio to increase 30 bps for next two fiscals
The tax-GDP ratio will see an increase of 30 basis points (bps) each in 2018-19 and 2019-20 due to the impact of demonetisaion and the roll-out of the Goods and Services Tax (GST), according to the Medium-Term Expenditure Framework (MTEF) Statement tabled in the Lok Sabha on Thursday.
Aug 10, 2017, 16:32 PM IST
Panagariya calls for tackling general legacy issues
Outgoing Niti Aayog Vice-Chairman Arvind Panagariya made a strong case for reforms in bureaucracy, police and judiciary, saying these general legacy issues will have to be addressed for sustained growth in the long term.
Aug 10, 2017, 16:28 PM IST
Britannia plans Rs 1,000 crore plant in Maharashtra
To start with, the plant will have six biscuits lines, one cake line and one filled croissants line, Berry said.
Aug 07, 2017, 18:49 PM IST
SUVs may cost more as GST Council approves raising cap on cess
The decision was taken at the Council`s meeting on August 5. Though the Centre has been advised to increase the ceiling on cess, the decision on when to bring it into effect is still pending.
Aug 07, 2017, 17:07 PM IST
Smooth rollout to GST: Arun Jaitley
He rejected the argument that trade registration under GST was less and said a record number of registrations have taken place.
Aug 06, 2017, 21:01 PM IST
GST rollout smooth; officials maintaining constant watch: Government
The finance ministry also expressed confidence that construction cost of flats and housing complexes will come down on account of seamless flow of input tax credit in GST.
Aug 04, 2017, 19:15 PM IST
Customs, IGST collection nearly doubles to Rs 30K crore in July
The first tax returns under the new GST regime can be filed from tomorrow and the facility will remain open till August 20 in GSTR 3B form.
Aug 04, 2017, 19:10 PM IST
Over 12 lakh businesses apply for new GST registration
Businesses have time till July 30 to register under the GST.
Jul 29, 2017, 18:41 PM IST
BRICS Meeting: GST lauded by heads of revenue in China
Under the GST regime, exports will be zero-rated in entirety unlike the present system where refund of some of the taxes does not take place due to fragmented nature of indirect taxes between the Centre and the States.
Jul 28, 2017, 15:40 PM IST
Scope exists for consolidating GST rates: Asim Dasgupta
Having chaired the Empowered Committee of State Finance Ministers from 2000 to 2010, Dasgupta pointed out that the panel had earlier proposed two GST rates.
Jul 28, 2017, 12:11 PM IST
Undue profit of over Rs 1crore to come under GST authority's lens
As per the three tier structure -- the GST Implementation Committee (GIC) will receive complaints and those which are state specific and involving smaller amounts will be transferred to the state screening committee.
Jul 23, 2017, 11:31 AM IST
GST Council may take up certain tax issues at August meet
Central Board of Excise and Customs (CBEC) Chairperson Vanaja Sarna also said the department is keeping track of revenue trends post the GST rollout from July 1, but actual positions will be known after returns are filed in September.
Jul 21, 2017, 15:21 PM IST
Nepal officials to hold talks with India on GST
The delegation will discuss issues concerning Goods and Services Tax (GST) recently imposed in India in relation to the bilateral Trade and Transit Treaty between the two countries, officials said here.
Jul 10, 2017, 20:28 PM IST
GST intelligence agency gets new chief
Senior bureaucrat John Joseph has been appointed Director General of Goods and Services Tax Intelligence (DG GSTI), as per an official order.
Jul 09, 2017, 14:23 PM IST
FPI inflows at $23 billion in H1-2017
"Goods and Services Tax (GST) and forecast of normal monsoon also led to positive sentiment," said Himanshu Srivastava, Senior Analyst Manager Research at Morningstar India.
Jul 09, 2017, 12:24 PM IST
