Tag: gst
GSTN to launch invoice management system from Oct 1
New Delhi: GST Network will launch the Invoice Management System (IMS) from October 1 which will facilitate taxpayers in matching their records/invoices vis-a-vis issued by…
GST collection since its inception has shown buoyancy and remarkable growth: Experts
After the GST collection for the August showed a month-on-month decline in growth terms, the economic experts pointed out that the decline on month-on-month growth…
gst collection august 2024: GST collections grow 10 per cent to Rs 1.75 lakh crore in August
Goods and Services Tax (GST) collections in August went up by 10 per cent from the same period last year to Rs 1,74,962 crore, according…
GST rate cut: States are also cautious on GST rate cuts: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said that even states were cautious on moving ahead with rate cuts. “I am not blaming them…they want revenue…
GST: GST Council meet to discuss rate rationalisation on September 9, final decision later: FM
Finance Minister Nirmala Sitharaman on Tuesday said the GST council next month will discuss rationalisation of tax rates but a final decision on tweaking taxes…
GST rationalisation: Review going on, a rate reset may come by September end
The keenly-watched plan to rework the GST rates may have been pushed a bit down the road, but a lot has been going on in…
DGGI drops ₹3,000 crore tax demand on 18 foreign shipping firms for FY18
The Directorate General of Goods and Services Tax Intelligence (DGGI) has dropped a tax demand of about ₹3,000 crore for 2017-18 against 18 foreign shipping…
Infosys tax case: Govt may decide on Infosys’ Rs 32,000 crore tax at Sept 9 GST meet, foreign airlines too keep fingers crossed
India is likely to retract its demand that Infosys pay $4 billion in back taxes after weeks of lobbying by the IT giant and an…
GST: GST sleuths tracking merchants skipping tax via digital payments
The rapid growth of digital payments has also increased the scrutiny of online merchants due to a spike in cases of tax evasion, people aware…
GST: Need to maintain balance between enforcement, ease of biz: Revenue Secy to GST officers
Revenue Secretary Sanjay Malhotra on Tuesday stressed the importance of maintaining a fine balance between enforcement actions and ease of doing business while dealing with…