CAIT urges FM to defer rollout of Rule 86B in GST
Traders’ body CAIT on Friday urged Finance Minister Nirmala Sitharaman to defer the implementation of Rule 86B in GST, whereby […]
GST Recent News, News
Notification And Circular, Notification and Circular
DGFT amended Handbook of procedure 2015-2020 for modification of PAN based IEC
DGFT vide Public Notice No. 34/2015-2020, dated December 24, 2020 amended Para 2.14 Chapter-2 of the Handbook of procedure 2015-2020,
GST Recent News, News
GST collection should be highest in Uttar Pradesh, says Chief Minister Yogi Adityanath
Uttar Pradesh, being the most populous state in the country, should register the highest collection of Goods and Services Tax
Notification and Circular, Notification And Circular
MGST Department issued General Procedure for GST Audits u/s 65 of the MGST Act, 2017
The Maharashtra Goods and Services Tax Department (“MGSTD”) vide Trade Circular no. 13T/2020, dated December 21, 2020, issued the general
Notification And Circular, Notification and Circular
Gist of important changes made in the CGST Rules, 2017 vide Notification issued on December 22, 2020
Lot many changes have been made in the Central Goods and Services Tax Rules, 2017 (“CGST Rules”) vide Notification No.
Advance Ruling-New
GST not exigible for sale of flats after issuance of Completion Certificate
The Hon’ble AAR, Karnataka, in the matter of Sri. B.R. Sridhar [Order No. KAR ADRG 55/2020 (dated, November 7, 2020)]
GST Recent News, Important News
CBIC: Myths v. Facts w.r.t Notifications issued on 22.12.2020 to curb GST fake invoice frauds
In order to curb the GST fake invoice frauds the Government on the recommendations of the GST Council’s Law Committee
GST Recent News, News
Flipkart’s Instakart used fake invoices to avail GST credit: Report
Instakart Services, a unit of Flipkart, allegedly used fake Goods and Services Tax (GST) invoices to avail input tax credit
GST Recent News, News
PLI scheme to boost tax collection as Rs 1,021-cr manufacturing sops netted govt Rs 35,634 cr GST so far
The government expects a huge jump in the collection of Goods and Services Tax (GST) in the coming months due
Important News, News
CBDT has issued refunds of over Rs. 1,50,863 crore to more than 1.18 crore taxpayers between April 01, 2020 to December 20, 2020
As per the recent tweet of Income Tax India, the CBDT issues refunds of over Rs. 1,50,863 crore to more