KOLHAPUR: Kolhapur city shopkeepers are opposed to the imposition of the goods and services tax (GST) on critical food products.…
GST 2.0: The next step of tax reform necessitates the establishment of federal institutions.
The last five years of the GST trip have been analogous to the Samudra Manthan, which began with the unpleasant…
Maharashtra: A Pune-based dealer was arrested for Rs 13 crore in GST evasion.
Officials from the Maharashtra Goods and Service Tax (GST) department detained a Pune-based merchant for allegedly using false invoices worth…
Input tax credit scam worth Rs 52 crore discovered by tax inspectors
The finance ministry said on Wednesday that GST authorities have detained one individual on accusations of fraudulently claiming Rs 52…
CBIC announces GST Rate Changes for Goods Effective July 18th
The Central Board of Indirect Taxes and Customs (CBIC) has notified the GST rate revisions based on the GST Council…
GST E-Invoice Rules have been revised / updated as of April 1, 2022.
E-Invoice under the GST regime refers to a mechanism in which GSTN electronically verifies B2B invoices for usage on the…
The government is working on categorizing cryptocurrencies under the GST statute.
Currently, 18 percent of GST is paid solely on crypto exchange services, classified as financial services. GST officials believe that…
5% GST applicable on Distillery Wet Grain and Distillery Dry Grain Soluble sold as Cattle Feed: AAR
The Telangana State Authority for Advance Ruling ( AAR ) has held that Distillery Wet Grain Soluble (DWGS) and Distillery…
GST rates: We are caught in a cleft stick
“Lalayet pancha varshani, dasha varshani tadayet.” This is a Sanskrit aphorism, sometimes ascribed to Kautilya/Chanakya. I have quoted the first…
States yet to get Rs 53,661-crore GST compensation: Finance ministry
Finance Minister Nirmala Sitharaman said in Rajya Sabha (RS) on Tuesday that Rs 96,756 crore had been disbursed to states…