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NEWS
FM tables CGST Second Amendment Bill in Lok Sabha
Thu, Dec 14, 2023     Source : Economic Times
The Finance Minister on Wednesday tabled the central goods and services tax (CGST) second Amendment bill that extends the upper age limit of GST Appellate tribunal Chairman to 67 years from the existing 65...
NEWS
CGST finds Input Tax Credit fraud of Rs 81 cr; Navi Mumbai firm director held
Tue, Feb 22, 2022     Source : Economic Times
Thane, The CGST Mumbai Zone has arrested the director of a Navi Mumbai-based firm that allegedly availed and passed on Input Tax Credit of Rs 81 crore using bogus invoices to the tune of Rs 479 crore, an o...
NEWS
Interest on non-payment of GST may be recovered without notice
Thu, Jan 27, 2022     Source : Business Standard
But with court backing, the authorities are considering doing it in some cases of mismatch in the invoices
NEWS
COVID relief: Govt allows biz to verify monthly GST returns through EVC till May 31
Wed, Apr 28, 2021     Source : Economic Times
The government has allowed businesses to verify through electronic verification code monthly GST returns filed till May 31.
NEWS
GST collection at Rs 86,449 crore in August
Wed, Sep 02, 2020     Source : Economic Times
Goods and service tax (GST) collections for August stood at Rs 86,449 crore, the finance ministry said on Tuesday.
NEWS
Centre's GST collections go up, states' portion dip in current fiscal year
Thu, Oct 10, 2019     Source : Business Standard
In April-August 2019, Centre's GST revenue grew 13%, SGST for key states contracted 5%
NEWS
GST evasion: Supreme Court to clarify on revenue authorities’ power to arrest
Thu, May 30, 2019     Source : Financial Express
The Supreme Court on Wednesday agreed to clarify on various procedural uncertainties regarding GST including the power of the revenue authorities to arrest anyone for GST evasion under the Central Goods an...
NEWS
GST collections drop to Rs 94,726 cr in December, lowest in three months
Wed, Jan 02, 2019     Source : Business Standard
The Centre needs Rs 87,000 crore in January, February and March at least to recoup this shortfall
NEWS
PMO steps in to allay exporters' concerns on stuck GST refunds
Sat, Nov 17, 2018     Source : Business Standard
Input tax credit refunds amounting to Rs 53 bn were stuck till the first week of November
NEWS
Centre, states apportion Rs 29,000 cr IGST in September
Mon, Oct 01, 2018     Source : Economic Times
As much as Rs 29,000 crore lying in the Integrated GST or IGST pool has been apportioned between the Centre and states in the month of September.
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