Good and Service Tax (GST)
Business 

Central GST Offices to Remain Open from March 29 to 31

Central GST Offices to Remain Open from March 29 to 31 New Delhi, March 28 – The Central Board of Indirect Taxes and Customs (CBIC) has announced that all Central GST (CGST) field offices across the country will remain open from March 29 to 31, 2025, to facilitate the completion of...
Read More...
Business  India 

Congress Calls for ‘GST 2.0’ Amid Tax Classification Disputes

Congress Calls for ‘GST 2.0’ Amid Tax Classification Disputes New Delhi, March 15 – The Congress party on Saturday criticized the government over the Goods and Services Tax (GST) system, highlighting inconsistencies in tax rates on various products. Referring to a recent controversy involving a well-known donut chain, Congress...
Read More...
Business  India 

GST Council to Consider Tax Exemption for Term Insurance Premiums in December Meeting

GST Council to Consider Tax Exemption for Term Insurance Premiums in December Meeting New Delhi, November 15: The upcoming GST Council meeting on December 21 is expected to deliberate on granting tax exemptions for term life insurance premiums. The 55th meeting of the council will be held in Jaisalmer, Rajasthan, and will be...
Read More...
Business  Surat 

Increase in Rent Expected for Shops in Surat’s Textile Markets Due to GST on Rent via Reverse Charge Mechanism

Increase in Rent Expected for Shops in Surat’s Textile Markets Due to GST on Rent via Reverse Charge Mechanism Surat : The recent introduction of Goods and Services Tax (GST) under the Reverse Charge Mechanism (RCM) on rented properties is likely to raise rental prices for shops in Surat's textile markets. As per the new GST provision, tenants of...
Read More...
Business  India 

Major Decisions Made at 54th GST Council Meeting: A Move Towards Refined Taxation

Major Decisions Made at 54th GST Council Meeting: A Move Towards Refined Taxation Finance Minister Nirmala Sitharaman announced significant GST adjustments, focusing on online gaming, real estate, and reduced rates for essential goods during the recent GST Council meeting in New Delhi.
Read More...
Business  Surat 

Surat : GST Portal to Introduce Invoice Management System from October 1st

Surat : GST Portal to Introduce Invoice Management System from October 1st Surat : Starting October 1st, the GST portal will roll out an Invoice Management System (IMS) to address persistent issues faced by traders during GST 3B return filings. The system will allow corrections to invoice entries directly on the portal,...
Read More...
Business  India 

Gadkari writes letter to FM requesting to remove GST on life and health insurance

Gadkari writes letter to FM requesting to remove GST on life and health insurance New Delhi, July 31 (HS): Union Minister and senior BJP leader Nitin Gadkari has written a letter to Finance Minister Nirmala Sitharaman requesting her to remove the GST on payment of life and health insurance scheme.Nitin Gadkari has written...
Read More...
Gujarat 

GST Seva Kendras Reduce Fake Registrations by 25% in Gujarat

GST Seva Kendras Reduce Fake Registrations by 25% in Gujarat Gandhinagar : The introduction of GST Seva Kendras in Gujarat has significantly curbed fake GST registration applications. Within the last seven months, the number of GST registration applications has dropped by an average of 25% compared to the previous financial...
Read More...
Business  Feature 

GST: Definition, Types, Registration Process

GST: Definition, Types, Registration Process Some taxes are so easy to understand that you do not have to read a multitude of books and studies. One of these taxes is GST. This article answers questions about GST, its implementation, how it works, and so much...
Read More...
Business 

Zomato stock down after Rs 400 cr show-cause notice for GST dues

Zomato stock down after Rs 400 cr show-cause notice for GST dues New Delhi, Dec 28 (IANS) Zomato shares were trading more than 4 per cent down on Thursday morning after it received Rs 400 crore show-cause notice from the goods and services tax (GST) authorities over unpaid dues collected as "delivery...
Read More...
Business 

Casino chain Delta Corp gets another Rs 6,385 crore GST notice

Casino chain Delta Corp gets another Rs 6,385 crore GST notice Mumbai, Oct 14 (IANS) Casino chain Delta Corp has received another notice from the GST authorities to pay up an additional Rs 6,385 crore as the tax shortfall due from its subsidiary company Deltatech Gaming. "The GST notice advises Deltatech...
Read More...
Business 

GST on e-gaming firms not retrospective, Centre tells dissenting states

GST on e-gaming firms not retrospective, Centre tells dissenting states New Delhi, Oct 7 (IANS) The Central government has clarified to the states that the goods and services tax (GST) on online gaming companies is not being levied retrospectively since some online games involved in betting were already being charged...
Read More...