IGST exemption on Import of Oxygen Concentrators for Personal Use

The 43rd GST Council meeting scheduled on 28th May 2021 might decide…

COVID-19 Relief Measures: CBIC announces ‘Special Refund and Drawback Disposal Drive’

The Central Board of Indirect Taxes and Customs (CBIC) has launched a…

COVID-19 Second Wave: Microfinance Sector Requests Additional Support from RBI

The microfinance industry asked for additional support from the Reserve Bank of…

Union Finance Minister Says No to GST Exemption on COVID-19 Drugs and Vaccines

The Union Finance Minister Smt. Nirmala Sitharaman said that the Goods and…
Tax Exemption

CAIT Requests Government to Extend Due Dates by Three Months

The Confederation of All India Traders (CAIT) has urged the government to…

COVID Second Wave: State’s Lockdown might Reduce

The Goods and Services Tax (GST) collections may see a drop of…

FISME: e-Invoicing Might Be a Challenge for Small and Micro Businesses

The Central Board of Indirect Taxes and Customs (CBIC) made e-invoicing mandatory…

GST Compensation: Centre Releases Rs.30,000 Crore

The Ministry of Finance released a press note stating that the Central…

CAG Report: Fix a Definite Time Frame to Rollout Simplified GSTR System

The Comptroller and Auditor General (CAG) of India found that the Goods…

e-Invoicing Initiative Ends the Under-reporting of Sales Turnover

The extension of the e-invoicing initiative to entities with Rs.50 crore concludes…