As the pandemic has severely hit businesses and more so in the case of automobiles, hospitality and real estate sectors, a PwC report has suggested the suspension of Good..
The GST Council will meet again on October 12 to discuss and try to reach a consensus between state governments and the Centre on the borrowing options for GST compensati..
Tamil Nadu Minister D. Jayakumar on Monday urged the Centre to release Rs 4,321 crore towards the state's share of Integrated Goods and Services Tax (IGST).
Even with consensus eluding a decision on the new formula to pay GST compensation to states, the 42nd meeting of the GST Council on Monday decided to extend the period of..
The Centre will disburse GST compensation cess amounting to Rs 20,000 crore to the state government on Monday night, Finance Minister Nirmala Sitharaman said.
The Karnataka Appellate Authority of Advance Ruling (AAAR) has given a ruling that the 18 per cent Good and Services Tax (GST) applicable on whole wheat parantha or parot..
The gross GST revenue collection in September rose sequentially to Rs 95,480 crore from August's collection, an official statement said on Thursday.
In August, the..
The Central Board of Indirect Taxes and Customs (CBIC) has announced a 30 day grace period for those businesses which are not yet ready for GST e-invoicing which comes in..
No further relaxation is likely in terms of e-invoicing as the Centre is set to go ahead with the decision to make GST e-invoicing mandatory for companies with annual tur..
The GST Council is likely to approve a two-year extension of compensation cess levy on goods and services to allow Centre to pay entire shortfall in GST tax collect..
States which failed to submit their options before the GST Council meeting in October will have to wait for at least two years to get compensation on Goods and Services T..
With 21 states expressing their preference for the Borrowing Option-1 proposed by the Centre to meet the GST compensation needs of states this year, decks have been clear..
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