Request to extend the due date of filing of annual statement in form GSTR-4
Read MoreNEW 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.
Read MoreSource: 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.
Read MoreSource: 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
Read MoreNEW 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.
Read MoreNEW 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.
Read MoreSource: https://taxguru.in/goods-and-service-tax/co-conspirator-fake-itc-claim-rs-11-07-cr-arrested.html
CGST Commissionerate Mumbai South Arrests Co-conspirator in a Fake Input Tax Credit Claim of Rs. 11.07 Cr; Proprietor arrested earlier
Read MoreThe finance ministry has clarified that no feedback has been sought from states on the GST rates for specific items or regarding proposals to restructure the rates.
Read MoreSource: https://taxguru.in/goods-and-service-tax/report-raising-gst-rates-143-items-misleading.html
It has been noted that a section of the media has reported that feedback has been sought from States regarding a suggestion for raising Good & Services Tax (GST) rates on 143 items.
Read MoreSource: https://taxguru.in/goods-and-service-tax/user-manual-filing-kerala-flood-cess-annual-return.html
File No.CT/10077/2019-GSTINFO1
User Manual for Kerala Flood Cess (KFC) Annual Return