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Articles for GST

GST Council Decisions: What Businesses And Consumers Need To Know

The Goods and Services Tax (GST) Council takes up several proposals that could impact various sectors

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GST Cut On Medical Insurance Deferred, Issue Referred To Group Of Ministers

A lot of issues were brought up for further discussion today in the GST Council, Sitharaman said, adding that which is why they felt it should go through a rigorous looking into by the GoM

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GST Council May Consider Imposing 18% Tax On Payment Aggregators For Small Transactions

The Goods and Services Tax (GST) Fitment Panel has stated that payment aggregators should not be categorised as banks because they function as middlemen in transactions.

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Gadkari Asks States To Pitch For Reducing GST On Flex Engine Vehicles

Gadkari said that developing flex-fuel engines is the target of the government, and we have the "proven technology" to make it possible

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Karnataka HC Issues Stay Order On LTIMindtree’s Rs 378 Cr GST Notice

This notice was issued by the Department of Revenue under the Ministry of Finance. It alleged that the company had failed to pay Integrated Goods and Services Tax on export turnover related to services rendered to international clients

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States Request For GST Rate Cut On Insurance

West Bengal finance minister Chandrima Bhattacharya says she has put in a request to reduce GST rates of 18 per cent on life and health insurance premiums

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Govt Considers GST Relief For Infosys And Foreign Airlines Ahead Of GST Council Meeting: Report

The government is expected to offer GST relief to Infosys, foreign shipping lines and airlines, with modifications to the June circular anticipated at the GST council meeting on 9 September

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LTIMindtree Receives Rs 62 Cr GST Demand

The demand comes from allegations that the company incorrectly handled zero-rated supply provisions, leading to a proportionate reversal of input tax credit

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India’s Direct Tax Collections Grow 22% To Rs 6.93 Lakh Cr

The rise is driven by an growth in both personal income tax (PIT) and corporate tax collections, amounting to Rs 4.47 lakh crore and Rs 2.22 lakh crore, respectively

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Mandatory ISD Registration For Multi-State Companies By April 2025: CBIC

The amendment mandates that businesses with multi-state GST registrations must register as ISD to allocate ITC for services available across their branches

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