The Central Board of Indirect Taxes and Customs (CBIC) cautioned citizens and GST-registered taxpayers against fraudsters issuing fake and fraudulent summons for Goods and Services Tax (GST ...

The GST Council has proposed an increase in the tax rate to 18% on the margin of used car sales, which now includes electric vehicles (EVs) as well as specified petrol and diesel cars. This ...

As FY 2024-25 ends, businesses must complete critical GST compliance tasks. Key activities include submitting the Letter of ...

The GST Council has reconstituted the Group of Ministers on GST revenue analysis with an expanded ToR, focusing on ...

The increase in GST revenue was driven by a 10.2 per cent surge in domestic collections, which stood at Rs 1.42 lakh crore.

Total refunds issued during February were Rs 20,889 crore, a 17.3 per cent increase over the year-ago period. Net GST ...

The GST Council, in its 55th meeting on December 21, 2024, had decided to reconstitute the Group of Ministers (GoM) on GST revenue analysis with a revised ToR. The GoM was first set up in 2019.

Divyajivan sought an advance ruling to determine whether the lump sum amount received for this plan would be exempt from GST under Sr. No. 74 of Notification No. 12/2017-Central Tax. The Gujarat ...

Check out the full list of items eligible for the GST cut. The government estimated the policy would provide $1.6 billion in federal tax relief. After the initial announcement, NDP Leader Jagmeet ...