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Latest Articles in goods and services tax

GST Collection At Rs 1,40,885 Cr In May, Registers 44% YoY Hike

The ministry said that the revenues for May 2022 are 44 per cent higher than the GST revenues in the same month last year of Rs 97,821 crore

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GST Council May Do Away With 5% Slab

Currently, GST is a four-tier structure of 5, 12, 18 and 28 per cent. Besides, gold and gold jewellery attract 3 per cent tax

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Centre Registers Record GST Collection Of Rs.1,40,986 Cr In Jan

The minister also stated that since the centre has been making concerted efforts to raise tax revenue collections, it is expected that the GST collection may remain buoyant in the coming months as well.

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Industry Calls For Bringing Natural Gas Under GST

In its pre-Budget memorandum to the finance ministry, Federation of Indian Petroleum Industry (FIPI), which boasts of members from across the oil and gas spectrum, also demanded rationalization of GST on transportation of natural gas through pipeline as well as on re-gasification of imported LNG to help bring down cost of the environment friendly fuel

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Gadkari Calls For Ratings System For MSMEs

MSMEs contribute nearly 30 per cent to country's GDP and provide employment to more than 11 crore people -- second highest after the agriculture sector.

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14th Installment of Rs 6,000 crore released to States to meet GST shortfall

14th Installment of Rs 6,000 crore released to States to meet GST shortfall

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Mandatory payment of 1 pc of GST liability in cash rule will affect less than half assessees, says govt

Mandatory payment of 1 pc of GST liability in cash rule will affect less than half assessees, says govt

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Sixth installment of Rs 6,000 cr released to states/UTs as loan to meet GST compensation shortfall

Sixth installment of Rs 6,000 cr released to states/UTs as loan to meet GST compensation shortfall

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Real Estate: Festive Cheer Defies COVID-19 - Jatin Mohan Seth and Kuldip R Rampal

Real Estate: Festive Cheer Defies COVID-19 - Jatin Mohan Seth and Kuldip R Rampal

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Rs 52 cr input tax credit fraud unravelled, one held for 'trading of fake invoices'

Rs 52 cr input tax credit fraud unravelled, one held for 'trading of fake invoices'

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Chhattisgarh ranks second in country in terms of growth in GST collection, J-K bags top slot

Chhattisgarh ranks second in country in terms of growth in GST collection, J-K bags top slot

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E-vehicle manufacturers in Ludhiana demand GST reduction on batteries

E-vehicle manufacturers in Ludhiana demand GST reduction on batteries

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Delhi HC dismisses PIL seeking directions to Centre to classify masks, sanitisers as essential commodities

Delhi HC dismisses PIL seeking directions to Centre to classify masks, sanitisers as essential commodities

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Bring diesel under GST: lorry owners in Tamil Nadu

Bring diesel under GST: lorry owners in Tamil Nadu

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1,377 exporters fraudulently claim Rs 1,875 cr IGST refund, untraceable

1,377 exporters fraudulently claim Rs 1,875 cr IGST refund, untraceable

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