The Group of Ministers on Goods and Services Tax Appellate Tribunals (GSTATs) was set up in July last year under the chairmanship of Haryana deputy chief minister Dushyant Chautala
In the next GST Council meeting, the report of the Group of Ministers (GoM) on checking tax evasion by pan masala and gutkha industry would be taken up for discussion
Union Budget 2023-24, presented on Wednesday, pegged GST revenue at Rs 9.56 lakh crore for FY24, an increase from the revised estimates of Rs 8.54 lakh crore for FY23
Finance Minister Sitharaman said all the GST compensation dues will be cleared, including Rs 16,982 crore for the month of June
Five petroleum products viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel have temporarily been kept out of the GST framework
As state finances finally start looking up following a pandemic-induced dullness, increasing capital expenditure is necessary to jolt the economy, cut down fiscal deficits and improve debt levels
Union Finance Minister Nirmala Sitharaman is chairing the 49th meeting of the GST Council
The Central Board of Indirect Taxes and Customs (CBIC) also notified amendments in GST rates effective from January 1, 2023 for certain goods and services, as per the recommendations of the GST Council in its meeting on...
Currently, businesses with a turnover of Rs 10 crore and above are required to generate an electronic invoice for all B2B transactions
The Council could decide on only 8 out of the 15 agenda items due to time crunch at the 48th GST Council meeting
The Council would also consider a report of tax officers and give clarity on the rate applicability in certain goods and services
GST on online gaming and casinos may come up for deliberations as the Group of Ministers (GoM), chaired by Meghalaya Chief Minister Conrad Sangma
The GST Council, chaired by Sitharaman, may take up the report in its next meeting on December 17
The Group of Ministers (GoM) set up by the Council to decide on GST rates on online gaming, casinos and horse racing had completed its deliberations last month
According to Games24x7's co-chief executive officer Trivikraman Thampy, the industry will absorb 28 per cent Goods and Services Tax (GST) but levying the tax...
The council, chaired by Union Finance Minister Nirmala Sitharaman and comprising her state counterparts, is scheduled to meet virtually on December 17
It is expected that the government could exceed its tax collection targets for this financial year by over Rs 2 lakh crore
The new GST rate is effective April 1, 2022, Omvir Singh Bhati, General Secretary of the All India Brick and Tile Manufacturers Federation (AIBTMF) told PTI on...
On September 8, the GST Intelligence issued a Rs 21,000-crore tax notice against Bengaluru-based Gameskraft Technology on charges of evasion
Following that, the Central Board of Indirect Taxes and Customs (CBIC) had said that an extension of the due date was being considered
In addition, the status on the much awaited full report of the committee tasked with rationalisation of GST rates may also come up for discussion at the 48th...
Experts feel that segregating the amount collected at inception would be something that the online gaming industry is unlikely to be averse to.
In May last year, the government had set up a GoM for better valuation of services of casinos, online gaming portals, and race courses for levying GST
Punjab Chief Minister Bhagwant Mann had on Tuesday condemned the Centre for imposing GST on inns, saying it goes against the devotion of pilgrims staying at...
I strongly condemn the central government's decision of levying 12 per cent GST on 'sarais' located near the Golden Temple. This tax has been imposed on the...
