CAIT urges Centre to withdraw 12% GST rate on textiles
The Confederation of All India Traders on Thursday urged Union Finance Minister Nirmala Sitharaman to withdraw the proposed GST tax […]
GST Recent News
Press Release, Press Release
CGST Commissionerate in Navi Mumbai busts fake ITC racket, arrests proprietor of scrap metal firm
CGST Commissionerate, Navi Mumbai has busted a fake ITC racket of Rs. 10.26 Crores and arrested the proprietor of M/s.
Press Release, Press Release
Government of Haryana launches ”The Haryana GST Kosh”
The Excise and Taxation Department, Government of Haryana under the leadership of Deputy Chief Minister. Sh. Dushyant Chautala launched the
Important News
EWB and e-invoice system downtime is scheduled between 8 PM to 10 PM on February 12, 2022
This is to inform to all E Way Bill users that downtime of all the E Way Bill and e-Invoice
Press Release, Press Release
Statement by RBI Governor on Indian economy and proposed measures to battle Omicron
As I make this statement, the pandemic holds the global economy hostage once again. Despite signs of moderation, record numbers
Important News
ICAI issued guidelines for conducting distance/remote/ online peer review
The Institute of Chartered Accountants of India (“ICAI”) issued Guidelines dated February 09, 2022 for conducting distance/remote/ online peer review.
News
Capital gains tax provisions need serious review, govt open to ‘tinkering’ to simplify it: Revenue Secretary Tarun Bajaj
Lending a patient ear towards a long pending demand of the industry, Revenue Secretary Tarun Bajaj on Wednesday said the
GST Recent News
Tax on digital assets could go up, govt mulling GST on crypto mining, supply
The government is examining the applicability of goods and services tax (GST) on various cryptocurrency transactions including mining of these
News
Taxpayers can file only one Updated Return in an Assessment Year: Government
A taxpayer would be permitted to file only one updated return for an assessment year, chairman of the central board
Notification And Circular, Notification and Circular
Notified the ITC (HS) 2022 in order to sync with the Finance Act, 2021
The DGFT vide Notification No. 54/2015-2020 dated February 9, 2022 notified the Indian Trade Classification (Harmonised System) 2022 (“ITC (HS)