Upcoming GST Council Meet to Focus on Payout to States

The Goods and Services Tax (GST) Council to schedule a meeting soon…

Government to collect Rs 46,000 crore as interest for GST late payment

The Central Board for Indirect Taxes and Customs (CBIC) has come up…
Corporate tax

TRAN-01 pushed to 31st March, CGST Act amended

CBIC has extended the date of filing the form TRAN-01 to 31st…

Companies Asked to Pay 18% GST on Non-Compete Fee

The indirect tax department sends notices to various private equity companies, strategic…
GST

Central Govt to release 35,000 crore to states as GST compensation

Under the Goods and Services Tax (GST) statute, states are given 5-year…
GST Revenue

Hacking Into GST Database Can Result in 10-Year Imprisonment

As per a notification that was released on 4 February, the Ministry…

Government to Introduce Lottery Offers Under GST

The government intends to launch lottery offers ranging between Rs 10 lakh…

GST Amendments Announced in Union Budget 2020

The Union Budget 2020 was presented on 1 February 2020 by the…
GST Revenue

What Economic Survey 2019-20 Says About GST

The introduction of GST has been a game-changer for the Indian economy…

Exporters to Follow the Standard Operating Procedure (SOP)

A circular about the prevention of malpractices and fraud was released on…