Goods and Services Tax

Petrol, Diesel To Come Under GST Soon? Union Minister Hardeep Puri Makes BIG Statement

Hardeep Puri was delivering a lecture on `strategy and measures for enhancing India's energy security in the coming decades', organised by the Pune International Centre.

Sep 27, 2024, 23:42 PM IST

Leaked Video Of Conversation Between Tamil Nadu's Restaurant Owner, FM Sitharaman Lands BJP In Soup- All About The GST Apology Row

The root of the row goes back to the September 11 event attended by several businessmen and Finance Minister Sitharaman. 

Sep 13, 2024, 20:18 PM IST

What Has Become Cheaper And What Has Become Expensive After GST Council Meeting? Check

Over the years, GST has, among others, simplified compliance and reduced the cascading impact of tax.

Sep 10, 2024, 15:28 PM IST

Will GST On Health, Life Insurance Premiums Be Reduced? GST Council To Finalise Tax Cuts In November, Sets Up GoM

Currently, 18 per cent GST is levied on health and life insurance premiums.

Sep 10, 2024, 09:11 AM IST

18% GST On Transactions Up To Rs 2,000: Payment Aggregators Rue Lack Of Clarity, Merchants Concerned

Reports suggest that if GST is applied retrospectively, payment aggregators may issue legal notices to millions of merchants nationwide to recover the tax. 

Sep 09, 2024, 10:35 AM IST

State-Wise Growth Of GST Revenues During August 2024 --Check Full List

In July, gross Goods and Services Tax (GST) mop-up was Rs 1.82 lakh crore, while in August last year it was Rs 1.59 lakh crore.

Sep 02, 2024, 09:10 AM IST

GST Collections In August Rise 10% Year-On-Year At Rs 1.74 Lakh Crore

In April, the total GST mop-up surged to a record high of Rs 2.10 lakh crore.

Sep 01, 2024, 20:15 PM IST

GST Collections Rise 10.3% In July 2024: Check State-Wise Growth Of GST Revenues

GST revenues had hit a record high of Rs 2.10 lakh crore in April 2024.

Aug 02, 2024, 09:44 AM IST

7 Years Of GST Today: GST Exemption For Start-Ups And Small Businesses

Here's looking at various kinds of GST exemptions for start ups in India.

Jul 01, 2024, 14:55 PM IST

GST Collection For May At Rs 1.73 Lakh Crore, Up 10% YoY

or the FY 2024-25 till May, the CGST was Rs 76,255 crore; SGST was Rs 93,804 crore; IGST Rs 1,87,404 crore, and Cess was Rs 25,544 crore. 

Jun 01, 2024, 21:06 PM IST

Five States Including Karnataka Show Interest In Implementing Aadhaar-Based Authentication For GST Registration

Goods and Services Tax (GST) authorities have so far been using OTP-based Aadhaar authentication to establish the identity of the applicants, seeking registration.  

May 13, 2024, 19:44 PM IST

Zomato Receives GST Demand, Penalty Order Of Over Rs 2 Crore

The order consists of Rs 2,22,91,376 in GST demand with interest of Rs 2,08,98,164 and a penalty of Rs 22,29,136 for the April 2018 to March 2019 period.

May 02, 2024, 16:12 PM IST

Historic GST Collection In April 2024: Check State-Wise Growth Of GST Revenues During April –Full List

In the month of April, 2024, the central government settled ₹50,307 crore to CGST and ₹41,600 crore to SGST from the IGST collected.

May 02, 2024, 11:09 AM IST

Highest Ever GST Collection! Hits Record High Of Rs 2.10 Lakh Crore In April

Check below the Breakdown of April 2024 GST Collections.

May 01, 2024, 14:09 PM IST

Many Large Companies To Move Appellate Authority Against GST Demand Notices

In recent days, an increasing number of GST notices have been sent to many companies mainly on account of alleged discrepancy in input tax credit (ITC).

Apr 12, 2024, 08:25 AM IST

GST Collections Creates Another Record With Rs 1.78 Lakh Crore-Mark In March

The Ministry of Finance stated that the increase in GST collection in March 2024 was mainly due to a notable rise in GST collected from transactions within the country

Apr 01, 2024, 18:49 PM IST

Zomato Faces Rs 8.6 Crore GST Penalty Notice From Deputy Commissioner Of State Tax

According to Zomato's explanation, the action taken is based on an Adjudication Order issued under Section 73 of the CGST Act, 2017, and GGST Act, 2017. 

Mar 17, 2024, 16:46 PM IST

Deadline For GST Composition Scheme Is March 31: Check What It Is, How To Opt, And More

The Composition Scheme under the Goods and Services Tax (GST) offers a straightforward and hassle-free tax solution for small businesses.

Mar 17, 2024, 13:23 PM IST

Zomato, Swiggy Slapped With Rs 500 Crore GST Notice Each: Report

There is often a dispute between tax officers and food delivery apps regarding the delivery fee, which involves nearly Rs 1000 crore, according to the reports.

Nov 22, 2023, 20:55 PM IST