Tag: gst

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gst: October GST collection stands at Rs 1.52 lakh crore, second-highest since implementation

GST collections for the month of October stood at Rs 1.52 lakh crore, according to the data shared by finance ministry on Tuesday. This is…

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gst: Government collects Rs 1,47,686 cr GST revenue in September

GST collections in September rose 26 per cent to over Rs 1.47 lakh crore, the finance ministry said on Saturday. Goods and Services Tax (GST)…

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gst revenue: August GST revenue collection up 28% YoY at Rs 1.44 lakh cr

The gross GST revenue collected in the month of August 2022 stood at Rs 1,43,612 crore, up 28% on a year-on-year basis, the Finance Ministry…

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GST India: GST revision can enable India achieve $5 trillion economy: EY

NEW DELHI: EY has released a book on India’s GST journey titled ‘GST Transformation: The Road Ahead’. The book has delved into the topic of…

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GST: From payment for not serving notice period to cheque dishonour, CBIC clears the air

With the completion of 5-years since the introduction of GST, the certainty of tax positions and ease of compliances for taxpayers have emerged as key…

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GST Slab: GoM weighs scrapping 12% GST slab

A group of ministers, mandated to look at rate rationalisation by the Goods and Services Tax Council, is mulling doing away with the 12% slab…

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GST News: To tax at 18% or 28%? The GST Conundrum for skill gaming sector

In August 2022 the Group of Ministers (GoM) will suggest a GST regime for lottery, casino, and gaming businesses. In this article, we discuss the…

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gst council: From canteen to medical insurance, GST Council provides much-awaited relief on employee perks

In the last meeting, the GST Council promised to issue clarifications relating to various Input Tax Credit (ITC) issues under GST. Keeping its promise, the…

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tax law: How uniformity in tax law made a common national market

One of the major positives of the GST roll-out is the consolidation of over a dozen indirect taxes into a single tax. Also, unlike the…

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New GST googly: Gifted IPL tickets are no longer free

Complementary Indian Premier League (IPL) tickets given or gifted to anyone free of cost would still attract Goods and Services Tax (GST) as there is…

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