Tag: igst
Cosmo Film case: Gujarat HC order to provide relief to importers
In what could come as relief for many Indian Importers who were under investigation by the Directorate of Revenue Intelligence (DRII) and respective jurisdictional commissioners…
Infosys vs USD 4 Billion GST: CBIC sensitises officials about June circular as tax experts bat for clarity
The Central Board of Indirect taxes and Customs has asked field officials to take into account its June 26 circular when considering matters about related…
pli: GTRI calls for simplifying PLI scheme; cautions against misuse by industry
The government should consider simplifying the criteria for grant of fiscal incentives under the PLI scheme while guarding against possible misuse of those support measures…
India GST collection: GST revenue collection for May up 12% YoY at Rs 1.57 lakh crore
India‘s gross GST revenue collection in the month of May stood at Rs 1,57,090 crore, registering a rise of 12 per cent on a year-on-year…
GST on transportation services – navigating through turbulent waters
GST on services by way of transportation of goods by aircraft / vessel is certainly on a roller-coaster ride these days. The story began in…
GST mop-up rises 12% to ₹1.5 lakh crore in Feb
New Delhi: India’s goods and services tax (GST) collections rose 12% to ₹1.5 lakh crore in February from the year earlier, indicating that economic activity…
india gst collection: GST collection for November stands at Rs 1,45,867 crore, surges 11% YoY
The gross GST revenue collection for the month of November accounted for Rs 1,45,867 crore, stated a press release on Thursday. The revenue collection has…
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…
Draft paper released on changes to GSTR-3B
The Central Board of Indirect Taxes and Customs (CBIC) has released a concept paper, suggesting comprehensive changes in the GSTR-3B – a self-declared summary of…
gst: 5 years of GST: For shipping and logistics, some key matters addressed, but still not smooth sailing
The shipping and logistics industry is the backbone of the entire supply chain with freight forwarders and shipping liners playing the most vital role in…