E-way bills shoot up to record high
  • 14 Oct 2022 05:36 PM
  • New

E-way bills shoot up to record high

Source: https://www.livemint.com/economy/eway-bills-shoot-up-to-record-high-11665683316341.html

NEW DELHI : Electronic permits for transporting goods within and across states (e-way bills) shot up to a record high of over 84 million in September, signalling a strong boost to economic activity in the festive season.

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Cess on coal gasification may be waived
  • 14 Oct 2022 05:40 PM
  • New

Cess on coal gasification may be waived

Source: https://www.livemint.com/industry/energy/cess-on-coal-gasification-may-be-waived-11665688603535.html

NEW DELHI : In a bid to boost coal gasification—a cleaner way to use coal—the government is considering waiving the GST compensation cess of ₹400 per tonne of coal used for the purpose.

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18% GST on Paratha! Kejriwal says, 'Even Britishers did not tax food'
  • 14 Oct 2022 05:43 PM
  • New

18% GST on Paratha! Kejriwal says, 'Even Britishers did not tax food'

Source: https://www.livemint.com/news/india/18-gst-on-parathas-kejriwal-says-even-britishers-did-not-tax-food-11665716357150.html

Delhi Chief Minister Arvind Kejriwal has taken a swipe at the ruling Bharatiya Janata Party (BJP) as Gujarat’s Appellate Authority for Advance Ruling (AAAR) has decided to impose 18% GST on packaged paratha.

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Webinar on Recent critical developments in GST & Customs
  • 14 Oct 2022 05:52 PM

Webinar on Recent critical developments in GST & Customs

Source: https://taxguru.in/goods-and-service-tax/webinar-critical-developments-gst-customs.html

Webinar on ‘GST & CUSTOMS – Recent critical developments & way forward for Industry October 2022’

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GST Council Newsletter for the month of September 2022
  • 14 Oct 2022 05:56 PM

GST Council Newsletter for the month of September 2022

Source: https://taxguru.in/goods-and-service-tax/gst-council-newsletter-month-september-2022.html

The gross GST revenue collected in the month of September, 2022 is ₹1,47,686 crore of which CGST is ₹25,271 crore, SGST is ₹31,813 crore, IGST is ₹80,464crore (including ₹41,215 crore collected on import of goods) and Cess is ₹10,137 crore (including ₹ 856 crore collected on import of goods).

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GST Appellate Tribunals: Can it reduce the problem of pending cases?
  • 11 Oct 2022 05:29 PM

GST Appellate Tribunals: Can it reduce the problem of pending cases?

Source: https://economictimes.indiatimes.com/small-biz/gst/gst-appellate-tribunals-can-it-reduce-the-problem-of-pending-cases/articleshow/94777985.cms

As per the current construct, GSTAT can hear matters in an appeal against the orders passed by the GST appellate authority or revisional authority.
At a time when GST audits by the tax officers are in full swing and controversies are brewing, these Tribunals could be a lifesaver.

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GST profiteers return ₹500 crore to customers
  • 10 Oct 2022 06:53 PM

GST profiteers return ₹500 crore to customers

Source: https://www.livemint.com/politics/news/over500-cr-in-gst-linked-excess-profits-recovered-11665337086707.html

Several petitions challenging the constitutional validity of the anti-profiteering provision in GST law are now pending before the Delhi high court.

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Exporters seek GST exemption on freight
  • 10 Oct 2022 06:56 PM

Exporters seek GST exemption on freight

Source: https://www.livemint.com/companies/news/exporters-seek-gst-exemption-on-freight-11665342180192.html

Indian exporters have urged the government to extend the rupee payment mechanism to more countries, and restore the 18% goods and services tax (GST) exemption on export freight amid the World Trade Organization (WTO)’s forecast hinting at a sharp decline in global trade next year.

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CBIC urges tax payers to meet TDS, TCS return filing deadlines
  • 10 Oct 2022 07:00 PM

CBIC urges tax payers to meet TDS, TCS return filing deadlines

Source: https://www.livemint.com/news/india/cbic-urges-tax-payers-to-meet-tds-tcs-return-filing-deadlines-11665402709792.html

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has urged businesses to file their return forms relating to taxes to be deducted or collected at source (TDS and TCS) for September to avoid late fee and interest.

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Maharashtra Sales Tax Amnesty Scheme 2022- Last date is 14.10.2022
  • 10 Oct 2022 07:05 PM

Maharashtra Sales Tax Amnesty Scheme 2022- Last date is 14.10.2022

Source: https://taxguru.in/goods-and-service-tax/maharashtra-sales-tax-amnesty-scheme-2022-last-date-14-10-2022.html

Sales Tax Amnesty Scheme 2022 announced by the GST Department of the Government of Maharashtra has received an overwhelming response from the business community across the state. The last day to pay the eligible requisite amount was 30th September 2022. Nearly in one lakh twenty thousand cases the payment has been made by the dealers till this date.

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