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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...

📅 August 16, 2021

Govt. begins review of legal issues in GST

The Central Government has begun a review of the goods and services tax (GST) law so as to...

📅 July 22, 2021

Fin Min to issue appreciation certificates to GST payers

Union Finance Ministry has decided to issue certificates of appreciation to over 54,000 GST payers. Why certificates will...

📅 July 1, 2021

How will GST Exemption lead to Price rise?

The West Bengal Chief Minister recently requested the Prime Minister Narendra Modi to exempt COVID medicines and oxygen...

📅 May 10, 2021

0% IGST on Import of Covid-related relief material

The Government of India recently waived the Integrated GST till June 30, 2021. This included Remdesivir, Beta cyclodextrin,...

📅 May 5, 2021

HSN Code: New rules

The Ministry of Finance recently announced that the businesses with annual turn over of more than Rs 5...

📅 April 3, 2021

What is 1% Cash Payment Norm in GST?

The Department of Revenue recently announced that the GST tax payers should compulsorily pay at least 1% of...

📅 December 28, 2020

What is HSN Code?

The Central Board of Indirect Taxes and Customs (CBIC) has made it mandatory to mention the 8 digit...

📅 December 3, 2020

Union Cabinet approves Mechanism for Procurement of Ethanol

On October 29, 2020, the Union Cabinet chaired by PM Modi approved the Mechanism for the public sector...

📅 October 29, 2020

GST Compensation: Rs 6,000 crores tranfered to 16 states

On October 23, 2020, the Government of India transferred Rs 6000 crores to 16 states and two union...

📅 October 23, 2020

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