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Devise a ‘GST loan’ for MSMEs
It was only to be expected that a government that has always given importance to optics and catchy phrases would do the same when...
GST Analytics wing to identify risky suppliers to exporters
The Central Board of Indirect Taxes (CBIC) had received representations from exporters saying in some cases the Integrated GST (IGST)...
Emaar MGF found guilty of profiteering, to refund Rs 13...
GST anti-profiteering authority has found real estate firm Emaar MGF guilty of profiteering of Rs 13.35 crore and directed it to return...
GST council may extend compensation cess levy beyond 5...
Faced with a sharp decline in GST collections due to lockdown and disruptions in economic activities across the country, the government...
States GST collections may dip 30 per cent this fiscal:...
The States Goods and Services Tax (SGST) collections are expected to contract by 30 per cent to ₹3.5 lakh crore in FY21 from ₹5 lakh...
Payment of Tax by Fixed Sum Method under QRMP Scheme
Payment of Tax by Fixed Sum Method under QRMP Scheme 03/02/2021 e.f. 1st January 2021, following two options, are available to the...
Invoice Furnishing Facility (IFF) for Taxpayers under QRMP...
An Invoice Furnishing Facility (IFF) facility has been provided to taxpayers under QRMP Scheme (Quarterly filers of Form GSTR-1 and...
CBIC clears Rs 11,052 crore GST refund claims since Apr...
The finance ministry had on April 8 said that to provide relief during the cor it has been decided to issue all pending GST and custom...
A GST cut can put auto sales on fast track to revival
Automobile manufacturing is gradually restarting as curbs put in place to check the spread of coronavirus are eased. The question...
Centre releases Rs 15,340 crore as GST compensation to...
Despite insignificant Good & Services Tax (GST) collections, the Centre on Wednesday released ₹15,340 crores as GST compensation to...