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Goods and Services tax

India 360: Government's coffers are filling during the festive season, GST collection increased

India 360: Government's coffers are filling during the festive season, GST collection increased

Thu, Nov 02, 2023

Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.

GST collections rise 13% to Rs 1.72 lakh crore in October

GST collections rise 13% to Rs 1.72 lakh crore in October

Wed, Nov 01, 2023

GST October collections: The government's GST collections increased 13 per cent on a year-on-year basis last month, according to official data released on Wednesday.

GST Amnesty scheme: What is it? How can you benefit from it?

GST Amnesty scheme: What is it? How can you benefit from it?

Sat, Aug 26, 2023

Late filing of annual returns under GSTR-10 has been reduced to Rs 1,000 if filed on or before the last date.

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Service rendered without element of any charge may not qualify for GST

Service rendered without element of any charge may not qualify for GST

Thu, Jul 15, 2021

The Kerala Authority of Advance Ruling (AAR) has ruled that no GST is payable on payment of examination fee made on behalf of students as a pure agent without any element of service charge for such service, either from the students or the agency where the fee is being routed.

Why GST collection dipped? Check what experts say

Why GST collection dipped? Check what experts say

Wed, Jul 07, 2021

The latest dip in GST collection has come on the back of supply chain disruptions caused due to regional lockdowns, experts opined

Nitin Gadkari says GST was 'very essential', sees 'room for improvement'

Nitin Gadkari says GST was 'very essential', sees 'room for improvement'

Thu, Jul 01, 2021

With the Goods and Services Tax (GST) regime completing four years, Union minister Nitin Gadkari on Thursday said this tax reform was "very essential", while observing that there is a room for improvement in the indirect tax regime

GST Day: BIG RELIEF! Late fee capped for different categories of Goods and Services Tax payers — Check new penalty announced by CBIC

GST Day: BIG RELIEF! Late fee capped for different categories of Goods and Services Tax payers — Check new penalty announced by CBIC

Thu, Jul 01, 2021

The government is celebrating 4th anniversary of Goods and Services Tax (GST), which was introduced as tax reform on July 1, 2017, on Thursday, July 1, 2021.

GST Day: Our tax base nearly doubled from 66.25 lakhs to 1.28 cr in 4 years; GST revenues crossed Rs 1 lakh crore-mark for 8 months in a row: FM Nirmala Sitharaman

GST Day: Our tax base nearly doubled from 66.25 lakhs to 1.28 cr in 4 years; GST revenues crossed Rs 1 lakh crore-mark for 8 months in a row: FM Nirmala Sitharaman

Thu, Jul 01, 2021

Finance Minister Nirmala Sitharaman on Thursday said that the tax base in the last four years have almost doubled. She was speaking to the media on the sidelines of 4th anniversary of GST. "Our tax base has almost doubled from 66.25 lakhs to 1.28 crores.

GST Amnesty Scheme – Unable to file GST returns and take benefit, businesses urge government to do THIS

GST Amnesty Scheme – Unable to file GST returns and take benefit, businesses urge government to do THIS

Wed, Jun 30, 2021

An important day for the Indian indirect taxation system - the Goods and Services Tax (GST) - which will be completing its four years at the helm, on Thursday. The government has been making changes in the law to remove teething problems from time-to-time. The government has also recently launched the GST Amnesty scheme. This scheme is valid for the period between July 2017 and April 2021

GST Council Meeting 2021 Outcome updates: Council agrees to 5% GST rate on vaccine; approves rate cut for Remdesivir from 12% to 5%

GST Council Meeting 2021 Outcome updates: Council agrees to 5% GST rate on vaccine; approves rate cut for Remdesivir from 12% to 5%

Sat, Jun 12, 2021

GST Council Meeting 2021 Date: Finance Minister Nirmala Sitharaman will chair the 44th GST Council meeting at 11 am today, June 12.

GST UPDATE: Rs 1,02,709 cr gross revenue collected in May-Details here

GST UPDATE: Rs 1,02,709 cr gross revenue collected in May-Details here

Sat, Jun 05, 2021

The revenues for the month of May 2021 are 65 per cent higher than the GST revenues in the same month last year.

43rd GST council meeting: Agendas and expectations—what common man should look forward to

43rd GST council meeting: Agendas and expectations—what common man should look forward to

Thu, May 27, 2021

Finance Minister Nirmala Sitharaman is all set to hold Goods and Services Tax (GST) Council meeting tomorrow, May 28.

GST Refund Status: You can track your application even without logging into GST Portal - This is HOW to do it

GST Refund Status: You can track your application even without logging into GST Portal - This is HOW to do it

Sun, May 09, 2021

If you want to track your refund application, you can do it by logging in to the GST (Goods and Services Tax) portal. But you can also track it without logging into the GST portal. Want to know how? Here is the trick? Also, know how to track it by logging into the portal

Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy case

Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy case

Sun, Apr 18, 2021

Flavoured milk is basically 'beverage containing milk' and will attract 12 per cent GST, the Gujarat Authority for Advance Ruling (AAR) has said. Gujarat Co-operative Milk Marketing Federation Ltd, which markets dairy product under Amul brand, had approached the AAR on the taxability under the Goods and Services Tax (GST) of flavoured milk

ALERT! Last date to deposit due tax liability today for these GST taxpayers; E-invoice mandatory for those with this much turnover from April 1

ALERT! Last date to deposit due tax liability today for these GST taxpayers; E-invoice mandatory for those with this much turnover from April 1

Tue, Mar 23, 2021

The Central Board of Indirect Taxes & Customs (CBIC), responsible for administering Indirect Taxes in India Ministry of Finance, has issued an alert for GST taxpayers.

Income Tax Returns 2020-21: ALERT! File your ITR before THIS date to avoid penalty; check Finance Ministry clarification on GST due

Income Tax Returns 2020-21: ALERT! File your ITR before THIS date to avoid penalty; check Finance Ministry clarification on GST due

Mon, Mar 22, 2021

Have you filed your Income Tax for Financial Year 2020-21? If not, it's high time you do that. Income Tax India has issued alert for all those who are yet to file their return. It has urged the taxpayers to complete the exercise at the earliest.

GST: Know why bank account validation fails and what to do when this happens

GST: Know why bank account validation fails and what to do when this happens

Wed, Mar 10, 2021

GST Validation – If you have a Goods and Services Account, then you must know this important information about GST account validation. You should know why the validation of your bank account with the GST account fails, if it has happened. You must also know what to do when the validation fails. Here are some simple tips related to validation and also tracking your refund status

GST Refund: This is how you can track your application without logging in to GST Portal - Explained

GST Refund: This is how you can track your application without logging in to GST Portal - Explained

Tue, Mar 09, 2021

If you want to track your refund application, you can do it by logging in to the GST (Goods and Services Tax) portal. But you can also track it without logging into the GST portal. Want to know how? Here is the trick? Also know how to track it by logging into the portal

#GSTMakeItEasy: Zee Business Continues to raise GST related problems faced by businesses; Tweet and tell your issues now!

#GSTMakeItEasy: Zee Business Continues to raise GST related problems faced by businesses; Tweet and tell your issues now!

Tue, Feb 23, 2021

The Goods and Services Tax or GST introduced in India in 2017 has been dubbed as a landmark reform. An indirect tax regime whose objective was to reduce compliance requirements of the businesses and also bring the country under a one nation one tax structure. To its credit, the tax structure has worked with some success over the years. Yet, problems with GST remains

#GSTMakeItEasy – in this edition Zee Business raises issues of small business; Tweet to raise your concerns HERE!

#GSTMakeItEasy – in this edition Zee Business raises issues of small business; Tweet to raise your concerns HERE!

Mon, Feb 22, 2021

#GSTMakeItEasy - This is Zee Business’ initiative to raise some of these issues with the concerned authorities. The channel has been discussing issues related to GST from Monday to Friday. The channel is running a hashtag #GSTMakeItEasy where people can share their issues

GST compensation shortfall released to states touches Rs 1 lakh Crore

GST compensation shortfall released to states touches Rs 1 lakh Crore

Sat, Feb 20, 2021

The Finance Ministry had released the 17th weekly instalment of Rs 5,000 crore to the states to meet the GST compensation shortfall.

Facing problems with GST refunds? Check out ZeeBiz campaign for businesses - #GSTMakeItEasy

Facing problems with GST refunds? Check out ZeeBiz campaign for businesses - #GSTMakeItEasy

Fri, Feb 19, 2021

#GSTMakeItEasy - This is Zee Business’ initiative to raise some of these issues with the concerned authorities. The channel has been discussing issues related to GST from Monday to Friday. The channel is running a hashtag #GSTMakeItEasy where people can share their issues

#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

Thu, Feb 18, 2021

To remove the problems of cascading taxes and minimise the requirements of compliances, the Government introduced the Goods and Services Tax (GST). This has worked with relative success, but many important points still remain to be addressed. #GSTMakeItEasy - This is Zee Business’ initiative to raise some of these issues with the concerned authorities

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