Tag: taxontips gst update

incorporate a reference to the ‘electronic integrated declaration’ which is filed on ICES as provided in the Shipping Bill (Electronic ...

Representations have been received from the trade and field formations seeking clarification regarding the taxability of Employee Stock Option (ESOP)/ ...

The insurance companies, which are engaged in providing general insurance services in respect of insurance of motor vehicles, insure the ...

GST Council recommends to roll-out the biometric-based Aadhaar authentication of registration applicants on pan-India basis in a phased manner

₹3.83 lakh crore gross GST revenue collection in FY2024-25 (till May 2024) records 11.3% y-o-y growth

The Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents ...

Y 2023-24 marks a milestone with total gross GST collection of Rs. 20.18 lakh crore exceeding ₹20 lakh crore, a ...

The infrastructure for financial business may include commercial/ mixed use. Thus, the commercial/ mixed use plot is exempted from GST ...

Gross Goods and Services Tax (GST) revenue collected for February 2024 is ₹1,68,337 crore, marking a robust 12.5% increase compared to that in ...

Taxpayers can check the veracity of any communication from DGGI/CBIC by using the ‘VERIFY CBIC-DIN’ window on the CBIC’s website

the mandatory audit applies to taxpayers whose turnover exceeds ₹5 crores in a financial year across all it's GST numbers ...

The gross GST revenue collected in the month of November, 2023 is ₹1,67,929 crore out of which CGST is ₹30,420 crore, SGST is ₹38,226 ...

The said amount of ITC is required to be reversed by such taxpayers, while furnishing a return in FORM GSTR-3B ...

Taxpayers can now file appeal in FORM GST APL-01 on the GST portal on or before January 31, 2024 for ...

Rule 8 of the CGST Rules, 2017 has been amended to provide that an applicant can be identified on the ...