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Businesses can use IGST credit to settle centre, state tax dues: CBIC

Businesses can use IGST credit to settle centre, state tax dues: CBIC

Fri, Apr 26, 2019

The Central Board of Indirect Taxes and Customs (CBIC) in March had allowed utilisation of input tax credit (ITC) of IGST towards the payment of Central GST and State GST.

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Exporters can manually file GST refund claims: CBEC

Exporters can manually file GST refund claims: CBEC

Thu, Nov 16, 2017

The CBEC had last month started refunds for exporters of goods who have paid Integrated GST and have claimed refund based on shipping bill by filling up Table 6A

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Govt gets Rs 42,000 cr tax so far in first filing under GST

Govt gets Rs 42,000 cr tax so far in first filing under GST

Mon, Aug 21, 2017

As much as Rs 42,000 crore has already come in as taxes so far in the first monthly filing under the new Goods and Services Tax (GST) regime and the revenues are expected to swell further as the filing cycle closes this later this week.

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TRENDING NOW

No IGST for buses travelling to Pakistan, Bangladesh

No IGST for buses travelling to Pakistan, Bangladesh

Mon, Jun 12, 2017

Trucks, tankers, vessels and containers will not be required to pay inter-state Goods and Services Tax, called IGST in the new regime as the GST Council exempted any mode of conveyance for carrying goods or passengers or for their repairs from the levy.

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Lok Sabha passes bill to make excise, customs Acts compliant with GST

Lok Sabha passes bill to make excise, customs Acts compliant with GST

Thu, Apr 06, 2017

It would depend on the government, Tharoor said, hoping that the NDA would not be using its "brute majority" to push legislations.

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Here are 17 key features of supplementary GST bill passed by Lok Sabha

Here are 17 key features of supplementary GST bill passed by Lok Sabha

Thu, Mar 30, 2017

The Lower House of Parliament on Wednesday gave its approval to four bills of the Goods and Service Tax (GST) stipulated to be rolled out by July 1. The Central GST bill was introduced in the Lok Sabha on March 27 and was one of the bills passed by the government.

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Council approves State, Union Territory GST laws: Arun Jaitley

Council approves State, Union Territory GST laws: Arun Jaitley

Thu, Mar 16, 2017

The Goods and Service Tax Council on Thursday approved the State GST and Union Territory GST laws which were the final two draft laws that needed to be passed.

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GST Council to finalise draft model GST law including anti-profiteering clause on February 18

GST Council to finalise draft model GST law including anti-profiteering clause on February 18

Fri, Feb 17, 2017

GST Council headed by FM Arun Jaitley is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause on February 18, Saturday. 

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GST Council meeting commences in the shadow of demonetisation

GST Council meeting commences in the shadow of demonetisation

Sun, Dec 11, 2016

The sixth meeting of the Goods and Services Tax (GST) Council commenced in New Delhi on Sunday in the shadow of demonetisation, whose fallout has put a serious question mark on implementing GST by the central government`s targeted deadline of April 1, next year.

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Keeping fingers crossed on breakthrough in GST Council: Arun Jaitley

Keeping fingers crossed on breakthrough in GST Council: Arun Jaitley

Sat, Dec 03, 2016

With the fifth meeting of the Goods and Services Tax (GST) Council remaining inconclusive as the impasse over the issue of assessee jurisdiction continued, Union Finance Minister Arun Jaitley on Saturday said he was keeping his fingers crossed.

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