GST

Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes& Customs)*****01-August-2018Press NoteTotal Rs 54,378 Crores of Refunds processed under GSTAs part of the co...

Press Release by CBICCentral GST Delhi West Commissionerate arrested two Rohini based businessmen on 01.08.2018 in a case of fraudulent issuance of Input Tax Credit invoices without actual supply of g...

Press Information Bureau Government of IndiaMinistry of Finance01-August-2018 15:04 ISTGST Revenue collections for July 2018The Total Gross GST Revenue collected in the month of July 2018 is Rs. 96,48...

The number of cases of Tax Evasion reported post-GST regime are given in Table below:PeriodDetection No. of casesAmount in CroreJuly 2017 to June 201812053026.55The nature of cases include misuse of I...

ICAI Submits post Budget 2018 Memorandum on Indirect Taxes and submit its suggestions on 1. Levy of Integrated Tax on goods remaining in Bonded warehouse, 2. Audit of assessment of imported or exporte...

Today CBIC released Draft Format of Monthly and Quarterly Simplified GST returns. This brief note lists the salient features of the new GST return format and business process for the information of tr...

on 26th July 2018 which are effective from 27th July 2018. Notifications include Notification No. 2/2018-Compensation Cess (Rate), Notification No. 13 to 21/2018-Central Tax (Rate), Notification No. 1...

BCAS has made a representation for Simplification of GST for Small and Medium Enterprises (SME) which includes recommendations on Compulsory Registration required for agents , Registration Threshold,...

Commerce Ministry officialSEZ units must look for markets other than US, EU & Dubai for export competitive advantages: Member (Customs), CBICNew Delhi, July 24, 2018: The Centre will come out with ame...

Quick Review on 28th GST Council meeting updatesGST Council has recommended the following amendments in it’s 28th Council meeting held on 21st July 2018:1. Taxpayers may opt for multiple GST registrat...

Finance Commission Gujarat’s rapid progress in key macroeconomic parameters has been impressive and it has shown a lead to the overall economic development but GST remains one of the big challenges, s...

GST Council Recommends GST Rates Reduction on Several Goods & for specified handicraft itemsGST rates have been recommended to be brought down to Nil on Sanitary Napkins & Rakhi & more Goods GST Counc...

The GST Council in its 28th meeting held here today under the Chairmanship of Shri Piyush Goyal , Union Minister for Railways , Coal , Finance & Corporate Affairs took following decisions relating to...

The GST Council in its 28th meeting held here today under the Chairmanship of Shri Piyush Goyal , Union Minister for Railways, Coal , Finance & Corporate Affairs has approved the new return formats an...

Recommendations made during the 28th meeting of the GST Council held in New Delhi on 21st 2018Amendments to the CGST Act, 2017, IGST Act, 2017, UTGST Act 2017, and GST (Compensation to States) Act, 20...

Recommendations on opening of migration window for tax payers till 31st August ,2018 The GST Council in its 28th meeting held here today has approved the proposal to open the migration window for taxp...

PRESS RELEASE18th July, 2018Subject: Nodal officers nominated for implementation of e-way bill systemAs per the decision of the GST Council, e-way bill system has been rolled out in a staggered manner...

In order to sort out the problems being faced by the exporters for refund claims of GST two ‘Special Drive Refund Fortnight’ were organized from 15.3.2018 to 29.3.2018 and from 31.5.2018 to 16.6.2018....

ICAI has submitted 121 suggestions on various topics under GST to Union Minister of Finance, Shri Shri Piyush Goyal which includes suggestions on General Issues, Definitions, Classification And Exempt...

Get your pending GST refunds on exports of goods sanctioned quickly. CBIC is observing GST refund fortnight across all its field formations from 16th – 31st July, 2018 to deal exclusively with the pen...