GST

1. Rationalisation of tax rates on residential properties and raising the threshold limit for MSMEs from the current Rs 20 lakh.2. Composition scheme for small suppliers may be introduced as number of...

Press Information BureauGovernment of IndiaMinistry of FinanceDated: 04-January-2019GST Council The GST Council has met 31 times so far. Till the 30th GST Council Meeting, a total of 918 decisions hav...

Press Information BureauGovernment of IndiaMinistry of FinanceDated: 04-January-2019Indirect Tax Collections The total net indirect tax collection (inclusive of CGST, IGST and GST-Compensation Cess) i...

Requirement of bank account details has been removed at the time of GST Registration.Now it is required after first login because normally a bank account cannot be opened before commencement of busine...

GST Council has made several recommendations related to GST Rate Reduction on Good and Services, Late Return Filing Fees Waiver, Extension of Due date of GST Return Filing, Simplification of Annual GS...

Ministry of FinanceGST Revenue collection for December 2018 Rs. 94,726 crore of total gross GST revenue collected in the month of DecemberPosted on: 01 JAN 2019The total gross GST revenue collected in...

31ST GST COUNCIL MEETING DECISIONSChange in GST Rate on Goods – Solar Power Plants to be Taxed at 8.9% –To provide some relief to Solar Industry, it has been decided that supply of Solar Power Systems...

GST Council की 31st मिटींगकेकुछखासनिर्णय Important changes proposed in GST Council’s 31st Meeting GST Council की 31stमिटींगआज 22/12/2018 कोहुईजिसमेंनीम्नप्रकारके GST में amendment करनेकाप्रस्तावरखागया...

Recommendations made during 31st Meeting of the GST Council held regarding Rate changes and clarification in GoodsGST Council in the 31st meeting held on 22nd December, 2018 at New Delhi took followin...

Reduction in GST rates/exemptions on services: GST rate on cinema tickets above Rs. 100 shall be reduced from 28% to 18% and on cinema tickets upto Rs. 100 from 18% to 12%. GST rate on third party ins...

The GST Council in its 31st meeting held today at New Delhi made the following policy recommendations:1. There would be a single cash ledger for each tax head. The modalities for implementation would...

Certain important issues referred by GST Council to various Committees / GoM The GST Council in its 31st meeting held today at New Delhi decided to refer the following issues to Committees / GoM indic...

In-Principle approval given for Law Amendments during 31st Meeting of the GST CouncilThe GST Council in its 31st meeting held today at New Delhi gave in principle approval to the following amendments...

The GST Council in its 31st meeting held today at New Delhi has approved the proposal to form a 7 Member Group of Ministers to study the revenue trend, including analysing the reasons for structural p...

GST Council in the 31st meeting held on 22nd December, 2018 at New Delhi took following decisions relating to changes in GST rates on goods and services. The decisions of the GST Council have been pre...

Rahul Gandhi recently tweeted, referring to Recent announcement by PM Shri Narendra Modi that the ‘government was trying to bring ’99 per cent things under sub-18 per cent GST slab’. Text of Tweet by...

Recently a CA from Maharashtra has filed a RTI with GSTN to know reason of failure of 1. Poor IT infrastructure being used in GST,2. What action was taken against Infosys who has designed GST portal,3...

1. Assessment & Adjudication- Cross empowerment of Tax Officials, within a State/ UTContents [hide]1. Assessment & Adjudication- Cross empowerment of Tax Officials, within a State/ UT2. Refund- Filing...

One of the requests of the transporters was that they have to be allowed to use one registration number for updation of e-way bills throughout the country. That is, once the e-way bill generated with...

GSTN has started sharing data with tax authorities on the following: a.Mis-match between figures reported in GSTR-1 & GSTR-3B. b.Mis-match between figures reported GSTR-3B &that computed by the system...