- 22 Apr 2022 02:53 PM
- New
Lower GST, incentives in govt’s draft battery-swapping policy
NEW DELHI : NITI Aayog proposed a raft of incentives to encourage the creation of battery-swapping infrastructure for electric vehicles (EVs), including offering subsidies to developers and reducing the goods and services tax (GST) on batteries to 5%.
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- 19 Apr 2022 06:57 PM
- New
GST: GoM yet to take a view on rate rationalisation, report says
The Group of Ministers (GoM) will deliberate and finalise recommendations which will be sent to the GST Council, headed by Finance Minister Nirmala Sitharaman and comprising state finance ministers
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- 19 Apr 2022 07:03 PM
- New
GST Council: Ministers' panel yet to take a view on proposal to raise 5% rate
The seven-member Group of Ministers, which is led by Karnataka chief minister Basavaraj S Bommai and includes finance ministers from West Bengal, Kerala Goa, Bihar, Uttar Pradesh and Rajasthan as members, is likely to meet early next month
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- 19 Apr 2022 07:12 PM
Centre denies reports of GST council planning to raise 5% tax slab to 8%
The sources confirmed to ANI that there is no such proposal from the Council, this news is speculative and there is no truth in it.
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- 18 Apr 2022 06:21 PM
‘There is need for comprehensive review of GST regime’
‘The process of setting up a central advance ruling authority which would help reconcile contradictory advance rulings should be expedited’
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- 18 Apr 2022 06:26 PM
GST Council to mull proposal to do away with 5% rate next month.
Discussions are on to raise the 5% slab to either 7 or 8 or 9%, a final call will be taken by the GST Council which comprises finance ministers of both Centre and states, as per sources
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- 12 Apr 2022 06:09 PM
GST compensation: Some states may get relief package
The Centre may offer a special package to states to tide over financial difficulties as the compensation regime for the goods and services tax (GST) ends in June this year after the agreed five-year period.
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- 12 Apr 2022 06:18 PM
2- Factor Authentication for e-Way Bill and eInvoice System
Source: https://taxguru.in/goods-and-service-tax/2-factor-authentication-e-way-bill-einvoice-system.html
To enhance the security of the e-Way Bill/e-Invoice System, NIC is introducing 2-Factor Authentication for logging in to the e-Way Bill/e-Invoice system. In addition to username and password, OTP will also be authenticated for login. There are 3 different ways of receiving the OTP. You may enter any of the OTP and login to system.
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- 12 Apr 2022 06:21 PM
One arrested by DGGI Gurugram officials for fraudulently availing IITC
One arrested by DGGI Gurugram officials for fraudulently availing Input Tax Credit of more than Rs 16 crore
Read more at: https://taxguru.in/goods-and-service-tax/arrested-dggi-gurugram-officials-fraudulently-availing-itc.html
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- 11 Apr 2022 06:19 PM
Companies likely to face stiff queries from GST authorities
CBIC chairman Vivek Johri has written to field formations asking them to ensure scrutiny is conducted in a time-bound manner. "Zonal chiefs may like to have the data examined and suitably taken up as per the prescribed SoP (standard operating procedure) in a time-bound manner," Johri said in a letter, dated April 4, seen by ET.
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