GST

Drive Against Fake GST Registration

May 15, 2023

In a bid to combat GST fraud and protect government revenue, the Centre and States have initiated a two-month special drive. The drive, which commenced on May 16, 2023, and will run until July 15, 2023, aims to detect suspicious ..

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Automated Return Scrutiny Module for GST returns

May 15, 2023

The Central Board of Indirect Taxes and Customs (CBIC) has recently introduced an Automated Return Scrutiny Module to enhance tax compliance and simplify the scrutiny process of Goods and Services Tax (GST) returns. Automated Scrutiny of GST Returns The primary ..

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GST revenue up 28% year-on-year in August

September 1, 2022

The Gross GST Revenue collected in the month of August 2022 is ₹ 1,43,612 crore which is 28% higher than the GST revenue of ₹ 1,12,020 crore in the corresponding month of the previous year. Highlights During the month, revenue ..

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SC: GST Council Recommendations not binding on Centre, States

May 22, 2022

The Supreme Court recently ruled that recommendations of the Goods and Services Tax (GST) Council are not binding on the Centre and states. What are the highlights of the judgment of the Supreme Court? The Supreme Court held that recommendations ..

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All-time high GST collections in April 2022

May 3, 2022

India’s gross Goods and Services Tax (GST) revenues hit a new high of ₹1.68 lakh crore in April 2022. For the first time, gross GST collection has crossed the ₹1.5 lakh crore mark. Is the growth in collection uniform across ..

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States vs Centre on fuel taxes

May 2, 2022

The Centre and the states are at loggerheads over taxes and duties on petrol and diesel. What is the argument of the Centre? Centre feels that some states are not reducing Value added tax (VAT) on petrol and diesel in ..

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GST Revenues in February

March 2, 2022

The February 2022 collection of GST (Goods and Services Tax) stood at Rs. 1,33,026 crores which is 18 per cent higher than February 2021. This year’s collection was higher by 26 per cent in comparison to the GST collection in ..

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AAR Ruling: GST on Guest Lectures

February 17, 2022

The Authority for Advance Ruling (AAR) of the Karnataka bench has ruled that 18 percent GST will be levied on the income that is earned from providing guest lectures. Overview: The petitioner contacted the AAR to obtain clarification as to ..

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