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.
Read MoreSource: 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.
Read MoreDelhi 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.
Read MoreSource: 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’
Read MoreSource: 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).
Read MoreAs 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.
Several petitions challenging the constitutional validity of the anti-profiteering provision in GST law are now pending before the Delhi high court.
Read MoreSource: 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.
Read MoreNew 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.
Read MoreSales 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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