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GST becomes law as President gives assent to constitutional amendment bill

President Pranab Mukherjee on Thursday gave assent to Constitution Amendment Bill on Goods and Services Tax, a major step towards rolling out the new indirect tax regime which the Modi government......

GST bill passed in Rajya Sabha; truly historic, says PM

In the biggest tax reform since Independence, the national sales tax or GST Bill was on Wednesday approved by the Rajya Sabha to replace a raft of different state and local taxes with a single......

Salaries paid to company directors not to attract GST

However, where the directors' remuneration is in the nature of professional fees and not salary, GST will be levied on a reverse charge basis. Illustration: Uttam Ghosh/Rediff.com The Central......

April's GST collection falls 87% to Rs 5934 cr

The data primarily pertains to activities in March, which had only a few days under the Covid-19 lockdown. For April , hence, CGST collections could be much lower, fear analysts. IMAGE: With......

GST collection slips below Rs 1 lakh cr mark in March

GST collections in March slipped below the psychological Rs 1 lakh crore-mark for the first time in four months to Rs 97,597 crore as the Covid-19 lockdown that shut most businesses......

GST collection crosses Rs 1-trn mark for the fourth month in a row in Feb

The mop-up could have been much higher, but tax on imports fell 2 per cent y-o-y. Illustration: Dominic Xavier/Rediff.com Goods and Services Tax (GST) collection crossed the Rs 1-trillion-mark for......

Budget proposals that may give rise to tax disputes

Tax experts say one of the most dispute-prone proposals is making "fraudulent availing" of input tax credit (ITC), without an invoice or bill, a cognizable and non-bailable offence. While Finance......

Web results for Cgst

June GST collections stand at Rs 90,917 crore

Of the Rs 90,917 crore revenue, CGST stood at Rs 18,980 crore, SGST at Rs 23,970 crore and IGST at Rs 40,302 crore, which included Rs 15,709 crore... ...

https://economictimes.indiatimes.com/news/economy/indicators/june-gst-collections-stand-at-rs-90917-crore/articleshow/76725083.cms

GST can free up more working capital

By Mahesh JaisingWhile GST has heralded a new regime of indirect taxation, it has also manifested the new system with inherent challenges, one of... ...

https://economictimes.indiatimes.com/small-biz/gst/unlocking-gst-credits-lying-unutilised-can-release-working-capital-to-industry-and-give-boost-to-economy/articleshow/76683807.cms

Karnataka CGST Zone disburses ₹1,702 cr GST refunds during lockdown

Karnataka Central Tax Zone has processed 2,128 claims and disbursed ₹1,702 crore as GST refunds during the lockdown period (March 24 to May 31),... ...

https://www.thehindubusinessline.com/news/karnataka-cgst-zone-disburses-1702-cr-gst-refunds-during-lockdown/article31853369.ece

Rs 233 crore CGST evasion scam mastermind held in hotel

Mumbai: Rs 233 crore CGST evasion scam mastermind held in hotel ...

http://timesofindia.indiatimes.com/city/mumbai/mumbai-rs-233-crore-cgst-evasion-scam-mastermind-held-in-hotel/articleshow/76417372.cms

Delhi HC reiterates stand on claims

“The Swift gave us the understanding and the experience needed to come up other winning vehicles for the Indian market” ...

https://www.thehindubusinessline.com/news/transitional-credit-delhi-hc-reiterates-stand-on-claims/article31844348.ece

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Cgst

News for Cgst

GST becomes law as President gives assent to constitutional amendment bill

GST bill passed in Rajya Sabha; truly historic, says PM

Salaries paid to company directors not to attract GST

April's GST collection falls 87% to Rs 5934 cr

GST collection slips below Rs 1 lakh cr mark in March

GST collection crosses Rs 1-trn mark for the fourth month in a row in Feb

Budget proposals that may give rise to tax disputes

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