No GST on tax collected at source levied on goods: Finance ministry.
New Delhi: The finance ministry on Friday provided relief to traders by withdrawing a rule that required them to charge goods and...
Court refuses bail to those accused of circular trading to evade GST.
A local court in Maharashtra has refused bail to persons accused of evading goods and services tax (GST) by circular trading and claiming...
GST evasion caught! Government detects Rs 20,000 crore evasion in Apr-Feb
The government has detected Rs 20,000 crore worth GST evasion so far this fiscal and will take more steps to check frauds and increase...
GST rate cut to benefit homebuyers, impact to be higher in tier II and III cities: Tax experts
With the GST Council cutting the rate to 5% from 12% for under-construction units, and 1% from 8% for affordable housing with the denial...
GST collections scale ₹1 trillion in January
New Delhi: Goods and services tax (GST) collections by Union and state governments scaled the monthly target of ₹1 trillion in January,...
GSTN develops system to fetch e-way bill data into monthly sales returns to curb evasion
Now, businesses supplying goods worth more than Rs 50,000 will have option to include details of e-way bills generated while filing the...
Consensus builds up for ₹40 lakh sales threshold for GST registration in all states.
NEW DELHI: All states, barring hill states, are moving towards a uniform sales threshold of ₹40 lakh for businesses to register for goods...
GST trouble: January collections may be the lowest this fiscal
The goods and services tax (GST) collected in January (for December) is seen to be the lowest in the current fiscal. While the average...
Companies face action over TDS non-payment
NEW DELHI: The government has cracked the whip on several large companies, which had either failed to deposit with the income tax (I-T)...
Govt revenue will take Rs 1-trillion hit due to GST rate cuts: Jaitley
The government will forego revenue of close to Rs 1 trillion on all the items whose rates have revised to lower slabs under the goods and...
