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GST News

08 May 2025

GST Fraud Worth Rs 7.85 Crore Busted In South Delhi, CA Arrested

Multiple taxpayers admitted to having been relying entirely on the chartered accountant for GST filings, with login credentials and filings centrally controlled by him.

01 May 2025

GST Collections Break Records In April With Rs 2.37 Lakh Crore, Up 12.6% YoY

GST collections went up by 9.9 per cent to Rs 1.96 lakh crore during March this year compared to the same month of the previous year, reflecting the higher level of economic activity and better compliance.

01 May 2025

Major Tax And GST Related Deadlines For You In May 2025: Check List

Several deadlines related to personal taxation, GST are set for the month of May. Check out the listicle.

UPI transactions

18 Apr 2025

No GST On UPI Transactions Over Rs 2000? FinMin Issues Clarification

GST is levied on charges, such as the Merchant Discount Rate (MDR), relating to payments made using certain instruments.

Central Board of Indirect Taxes

18 Apr 2025

GST UPDATE: CBIC Issues Revised Instructions For GST Registration Applications

Several grievances have been received by the CBIC, Department of Revenue, regarding difficulties being faced by applicants during the GST registration process, mainly on account of queries raised by officers on the grounds of seeking additional documents.

14 Apr 2025

GST On Apartment Maintenance Not New, Rule Exists Since 2019: Tax Officials

Currently, RWAs are required to collect 18 per cent GST on monthly maintenance charges only if two specific conditions are met: the per-apartment monthly maintenance exceeds Rs 7,500, and the society’s annual turnover is more than Rs 20 lakh.

12 Apr 2025

Electronic Permits Register 20 Per Cent Growth At Record 124.5 Mn In March

Gross GST revenue in March included Rs 38,100 crore from Central GST, Rs 49,900 crore from State GST, Rs 95,900 crore from Integrated GST, and Rs 12,300 crore from compensation cess.

01 Apr 2025

GST Collections Surge 9.9 Per Cent To Rs 1.96 Lakh Crore In March

In comparison, February saw Central GST collections at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore, and compensation cess at Rs 13,868 crore.

25 Mar 2025

IndusInd Bank Shares Drop Over 5% After Rs 30.15 Crore GST Penalty

The stock declined as much as 5.12 per cent to close at Rs 635.15 apiece on the National Stock Exchange (NSE).

23 Mar 2025

GST Officials Step Up Drive To Register More Traders Under Tax Regime

Over the course of the campaign, more than 2,000 queries from traders were addressed by GST officers, who provided assistance with the registration process.

10 Mar 2025

New GST Rule: THESE People Can Opt Biometric Authentication In Home State

GSTN has issued an advisory for the smooth processing of their GST registration applications.

09 Mar 2025

Lower GST Rates Coming Soon? FM Nirmala Sitharaman Hints At Changes

FM Nirmala Sitharaman added that while some refinements are needed, the Council is very close to finalising key changes such as rate reductions, rationalisation, and slab adjustments.

04 Mar 2025

GST Rule Change: Now Opt For Biometric Authentication In Your Home State

The existing system required for applicants selected for Biometric Authentication to visit the designated GSK mapped to their jurisdiction.

GST collections

01 Mar 2025

GST Collections Surge 9.1% YoY To Rs 1.84 Lakh Crore In Feb

The Integrated GST mop-up reached Rs 90,870 crore, and the compensation cess collected was Rs 13,868 crore.

18 Feb 2025

Punjab Adds 46,338 GST Taxpayers: Finance Minister Cheema

The Finance Minister, in a press statement, said that the state GST Department initiated another GSTR registration drive in January, visiting approximately 48,000 new dealers and registering around 10,500 dealers across the state.

11 Feb 2025

Average Tax Under GST Dips From 15.8% To 11.3%: FM Sitharaman In Rajya Sabha

The GST Council, which includes representatives from both the central and state governments, meets regularly to review tax policies and make necessary adjustments to ensure a fair and balanced taxation system.

28 Jan 2025

Union Budget: Infra Sector Calls For Raised Capex, Sops For Green Projects

The industry players in the infrastructure sector -- from construction to real estate, transportation, and urban development -- also emphasised the need for fiscal reforms and policies that would ease the burden on infrastructure projects.

27 Jan 2025

India’s Aircraft MRO Industry Revenue To Rise 50 Per Cent Next Fiscal

This will be driven by the reduction in GST input tax, to 5 per cent on all aircraft components, which may lower the component-related expenditure and place Indian MROs on par with their Asian competitors.

Goods and Services Tax

27 Jan 2025

Got GST Notice? How To Verify If It Is Fake Or Genuine --Process, Direct Link

GST Notice: In case of suspicion of bogus summons, taxpayers may immediately report to DGGI / CGST formations

Central Board of Indirect Taxes and Customs

24 Jan 2025

BIG GST Update: Govt Announces Late Fee Waiver For...

CBIC has announces late fee waiver for GSTR-9C filing delays for the financial years 2017-18 or 2018-19 or 2019-20 or 2020-21 or 202122 or 2022-23.

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