- 03 May 2022 06:30 PM
- New
GoM on casinos, online gaming to finalise tax proposals this month
NEW DELHI : A group of ministers led by Meghalaya chief minister Congrad Sangma that is advising the GST Council on the taxation of casinos, race courses and online gaming which met in the capital on Monday, will meet again later this month to finalise its tax proposals to the Council, Sangma said after the meeting.
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- 03 May 2022 06:37 PM
- New
Grievance Submitting – GST Composition Dealer – Annual Return
A memorandum is submitted to Finance Minister on Grievance related to scheme of annual return filing for the composition dealers under GST Act — modify the Late fee Rs. 10000/- imposing contrary to the 43rd GST Council decision – rectifications need to erroneous auto filled columns in GSTR 4 forms. Full text of the same is as follows:-
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- 02 May 2022 05:25 PM
- New
GST Revenue collection for April 2022 highest ever at Rs 1.68 lakh crore
GST Revenue collection for April 2022 highest ever at Rs 1.68 lakh crore
Gross GST collection in April 2022 is all time high, Rs 25,000 crore more than the next highest collection of Rs. 1,42,095 crore, just last month
- 02 May 2022 05:32 PM
Fake GST ITC Racket of Rs. 15.23 Crore Busted in Mumbai
Source: https://taxguru.in/goods-and-service-tax/fake-gst-itc-racket-rs-15-23-crore-busted-mumbai.html
CGST Ccommissionerate, Mumbai West Zone busts fake GST Input Tax Credit of Rs. 15.23 Crore
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- 30 Apr 2022 06:41 PM
Request to extend due date of filing of annual statement in form GSTR-4
Request to extend the due date of filing of annual statement in form GSTR-4
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- 29 Apr 2022 06:54 PM
FHRAI appeals GST rationalisation for the hospitality sector
NEW DELHI : Citing the unprecedented rise in inflation, the Federation of Hotel & Restaurant Associations of India (FHRAI) has requested the GST Council to evaluate the present GST structure for the hospitality sector and appealed for it to be rationalised.
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- 29 Apr 2022 06:59 PM
‘Revision in GST a medium-term aim’
Source: https://www.livemint.com/economy/revision-in-gst-a-mediumtermaim-11651171761265.html
NEW DELHI : The 15th Finance Commission’s recommendation to revise goods and services tax (GST) rates and slab structure to improve revenue collection is a medium-term goal, N.K. Singh, who chaired the commission, said, adding it is best done when economic growth is more robust.
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- 29 Apr 2022 07:44 PM
Status Note on GST compensation released to States/UTs
Source: https://taxguru.in/goods-and-service-tax/status-note-gst-compensation-released-states-uts.html
₹ 2.78 lakh crore of compensation released to States for the year 2020-21 itself ; nothing is pending for the year
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- 28 Apr 2022 06:30 PM
GST compensation of Rs7.35 trillion paid to states so far: finance ministry
NEW DELHI : Finance ministry said on Wednesday that the Centre has so far transferred ₹7.35 trillion to states towards goods and services tax (GST) compensation and that no amount is pending for the period upto end of FY21.
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- 28 Apr 2022 06:36 PM
FHRAI urges GST rationalisation for hospitality industry
NEW DELHI: Citing high inflation, Federation of Hotel & Restaurant Associations of India (FHRAI) has urged the GST Council to evaluate current goods and services tax (GST) structure for the hospitality industry, seeking rationalisation of rates.
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