Topic: GST
Drive Against Fake GST Registration
In a bid to combat GST fraud and protect government revenue, the Centre and States have initiated a two-month special drive. The drive, which commenced on May 16,...
Automated Return Scrutiny Module for GST returns
The Central Board of Indirect Taxes and Customs (CBIC) has recently introduced an Automated Return Scrutiny Module to enhance tax compliance and simplify the scrutiny process of Goods...
GST revenue up 28% year-on-year in August
The Gross GST Revenue collected in the month of August 2022 is ₹ 1,43,612 crore which is 28% higher than the GST revenue of ₹ 1,12,020 crore in... SC: GST Council Recommendations not binding on Centre, States
The Supreme Court recently ruled that recommendations of the Goods and Services Tax (GST) Council are not binding on the Centre and states. What are the highlights of...
All-time high GST collections in April 2022
India’s gross Goods and Services Tax (GST) revenues hit a new high of ₹1.68 lakh crore in April 2022. For the first time, gross GST collection has crossed...
States vs Centre on fuel taxes
The Centre and the states are at loggerheads over taxes and duties on petrol and diesel. What is the argument of the Centre? Centre feels that some states... GST Revenues in February
The February 2022 collection of GST (Goods and Services Tax) stood at Rs. 1,33,026 crores which is 18 per cent higher than February 2021. This year’s collection was...
AAR Ruling: GST on Guest Lectures
The Authority for Advance Ruling (AAR) of the Karnataka bench has ruled that 18 percent GST will be levied on the income that is earned from providing guest...
Digital Government Mission
The Digital Government Mission was launched by the Ministry of Electronics and Information Technology. The mission will deliver government services to the citizens. It will use machine learning... GST Collections November 2021
The GST revenue for the month of November 2021 was Rs 1,31,526 crores. This is the second highest collection since the introduction of GST in the country. The...
Tamil Nadu -First state to cut petrol price by Rs. 3/litre
Tamil Nadu has become the first state in India to cut the petrol price in fiscal year 2021-22 by Rs 3/litre, providing a major relief to consumers. Key... 