- 03 Jan 2022 06:13 PM
- New
Rs 1,29,780 crore gross GST Revenue collection for December 2021
Rs 1,29,780 crore gross GST Revenue collection for December 2021
The gross GST revenue collected in the month of December 2021 is Rs 1,29,780 crore of which CGST is Rs 22,578 crore, SGST is Rs 28,658 crore, IGST is Rs 69,155 crore (including Rs 37,527 crore collected on import of goods) and cess is Rs 9,389 crore (including Rs 614 crore collected on import of goods).
- 03 Jan 2022 06:34 PM
- New
Rs 1,29,780 crore gross GST Revenue collection for December 2021
Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1786774
The gross GST revenue collected in the month of December 2021 is Rs 1,29,780 crore of which CGST is Rs 22,578 crore, SGST is Rs 28,658 crore, IGST is Rs 69,155 crore (including Rs 37,527 crore collected on import of goods) and cess is Rs 9,389 crore (including Rs 614 crore collected on import of goods).
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- 31 Dec 2021 07:31 PM
- New
GST: From rate rationalisation to reduction in compliance burden, what to expect from indirect taxes in 2022
The Government has made many changes with respect to self-certification of audit reports, creating a compliance driven process through interplay of GST returns, e-way bills and the e-invoicing system.
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- 31 Dec 2021 07:37 PM
GST council decides to not to increase GST Rate on Textile & Maintain Status Quo
46th GST Council Meeting was a brief meeting with only one agenda which was triggered by a letter written to Union Finance Minister Smt. Nirmala Sitharaman by FM of Gujarat requesting reconsideration of Sep 2021 GST Council decision of Increase in GST for Textile Sector from 5 to 12% wef 01.01.2022.
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- 30 Dec 2021 06:51 PM
PVR increases movie ticket prices by 50% in Telangana
Currently, movie tickets for mainstream seats attract a price of ₹150, which will be raised ₹250 + GST, while the recliner seats will be charged ₹300 + GST as against ₹250 currently.
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- 30 Dec 2021 07:12 PM
What lies ahead for IBC and GST
Source: https://www.livemint.com/opinion/online-views/what-lies-ahead-for-ibc-and-gst-11640856115071.html
The IBC had been designed with great emphasis on allowing a time-bound manner of resolution, which has not been possible in most of the cases due to limited NCLT benches as well as disputes raised by either dissenting creditors or the existing promoters in the higher courts
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- 30 Dec 2021 07:19 PM
Extension of FY21 GST annual return to help resource crunched MSMEs, say experts
With various states now putting in place Omicron curbs, the MSME sector's working capital cycle is set to be severely hit again.
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- 30 Dec 2021 07:26 PM
Telangana HC issued notice on GST exemption withdrawal on Autos rides thru ECOs
M/s Roppen Transportation Services Private Limited Vs. Union of India and 3 Others (Telangana High Court): Appeal NO. : WP 36254/2021 ; Registration Date 24/12/2021
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- 30 Dec 2021 07:32 PM
GST Council to meet physically on 31st Dec 2021 at 11 AM
Source: https://taxguru.in/goods-and-service-tax/gst-council-meet-physically-31st-dec-2021-11-am.html
As per Sources GST Council is expected to meet physically on 31st December 2021 at 11 AM and it may discuss deferment of hike in GST rates on Textiles & footwear below Rs. 1000 –
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- 29 Dec 2021 05:57 PM
DGGI seizes more than Rs 177 crore in Kanpur search operations
Source: https://taxguru.in/goods-and-service-tax/dggi-seizes-rs-177-crore-kanpur-search-operations.html
DGGI Ahmedabad seizes more than Rs 177 crore in Kanpur search operations
Search operations in related premises continue with recovery of Rs 17 crore, 64 kg gold and 600 kg sandalwood oil worth Rs 6 crore