E-Way Bills Maybe Mandatory for Intrastate Movement of Gold

The Goods and Services Tax (GST) Council formed a GST panel to…

Taxpayers Under Reporting Turnover to Avail GST Compliance Relaxations

The businesses used to under-report their investments and turnovers to continue the…

GST in July Lower Than June; Insufficient Funds for GST Compensation

The gross collection recorded for July 2020 is Rs 87,422 crore, as…

Due date to file annual GSTR-4 for FY 2019-20 gets further extended

The government has further pushed the deadline to file the brand new…
GSTR-9

GST Turns Three! Hits and Misses of India’s Biggest Indirect Tax Reform

Although the GST system brought many businesses together under the framework of…

Summary of CBIC notifications dated 24th June 2020 on GST extensions

The CBIC issued several GST notifications on 24th June 2020. Here’s the…

Compensation to states on the radar at Friday’s 40th GST Council meet

States’ compensation shall top the agenda of the upcoming GST Council meeting.…

GSTR-3B Late Fee Waiver to Be Discussed in the Next Council Meeting

The Central Board of Indirect Taxes and Customs (CBIC) tweeted yesterday saying…

GST Defaults by MSME Suppliers Worry Large Companies Claiming ITC

The coronavirus pandemic and the Great Lockdown that ensued it has caused…

40th GST Council Meeting is likely to happen on 14 June 2020

The 40th Goods and Services Tax (GST) Council meeting is likely to…