GST news

47th GST Council meeting was held on 28th and 29th May 2022 at Chandigarh, in which lot of changes were...

The gross GST revenue collected in the month of June 2022 is ₹144,616 crore of which CGST is ₹25,306 crore, SGST is ₹32,406 crore,...

The GST Council has inter-alia made the following recommendations relating to changes in GST rates on supply of goods and services and...

The period for levy and collection of cess under sub-section (1) of section 8 of the Goods and Services Tax...

Lately it was informed by CBIC that taxpayer can only avail so much credit as is appearing in GSTR 2B....

The gross GST revenue collected in the month of May 2022 is ₹1,40,885 crore of which CGST is ₹25,036 crore, SGST is ₹32,001 crore, IGST is ₹73,345 crore (including ₹...

CBIC vide notification no. 07/2022 Dt. 26.05.2022 has waived late fees of GSTR 4 for FY 2021-22 from 1st May...

ICAI thanks Hon’ble Union Finance Minister Ms. @nsitharaman ji for inviting ICAI to discuss matters related to profession. The ICAI...

Quiet a few of the firms, to whom invoices were issued were found to be non-existent / fake (registered on...

Now CBIC has vide notification no. 05/2022 and notification no. 06/2022 Dt. 17.05.2022 has extended the due date for filing...

Considering the difficulties faced by taxpayers in filing their GSTR-3B for the month of April 2022, a proposal to extend...

1. It has been noticed that in a few cases, certain records are not reflected in the GSTR-2B statement for...

Changes are being made on the GST portal to include this rate in GSTR-1. As a temporary measure, taxpayers who...

The taxpayers can view the exact Annual Aggregate Turnover (AATO) for the previous Financial Year (FY). The taxpayers can also...

Background: Since FY 2019-20, composition taxpayers has to pay the liability through Form GST CMP-08 on quarterly basis while return...