UP AAR: No ITC on construction expenses on the commercial complex for lease

The Uttar Pradesh (UP) Authority of Advance Rulings (AAR) has passed a…

Centre to soon propose a formula to levy GST on ATF

The central government may soon propose a formula or strategy to bring…

Generation of e-way bills sees an uptick in the first half of February 2022

Compared to the last month, the e-way bill generation is picking up…

GST department may soon use blockchain technology to curb fake GST billing

The centre is ready to use blockchain technology to restrain fake invoicing…

Expect changes in GST framework in 2022 and reinstate of a higher GST on restaurants

On Wednesday, the Revenue Secretary, Mr Tarun Bajaj, said that the government…

Top 5 recent GST portal updates you must be aware of

The GST Network (GSTN) has released a few critical updates on the…
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CBIC Chairman clarifies on GST on crypto and removal of 400+ customs exemptions

The Central Board of Indirect Taxes and Customs (CBIC) Chairman Shri Vivek…

Budget 2022: Time limit for ITC claims and GST changes for an FY is 30th November of next year

The Union FM tabled the Finance Bill, 2022, on 1st February 2022.…

Highlights of Economic Survey 21-22 Outcome tabled by the Union FM

The Union FM, Smt. Nirmala Sitharaman presented the Economic Survey 2022 before…

Banks Want GST Exemption on Penal Interest Levy for Loan Defaults

The Indian Banks’ Association (IBA) is seeking a GST exemption on behalf…