Central Board of Indirect Taxes and Customs (CBIC) member John Joseph said despite the electronic way or E-way bill mechanism there has been rampant e...
GST Council Considering the Option of Funding NDRF
How should the National Disaster Response Fund (NDRF) be funded in GST era, Issue of cess on GST for the purpose of funding disaster response are some...
GST & Demonetization are Two Major Headwinds That Came In Between Economic Growth: Raghuram Rajan
Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India’s economic growth last year, former RBI Gov...
GST Refunds of Rs 82,775 Cr to Exporters Cleared
The finance ministry said that GST refund of Rs 82,775 crore to exporters has been cleared as on October 31, which is 93.8 per cent of the total such ...
MSME Ecosystem Will Get Great Advantage With the Recent Announcements: Narendra Modi
PM Modi announced a slew of measures, including sanctioning of loans of up to Rs 1 crore to small and medium enterprises in 59 minutes, through a spec...
Over 1 Lakh Cr of GST Collection Reported for October
GST collections in October crossed the Rs 1 lakh crore mark, after a gap of 5 months, on the back of festive demand, anti-evasion measures. The Finan...
DGGI Caught a GST Fraud of Rs 80 Crore
The officials suspect that the bogus invoices might have been utilised to get enhanced credit limits from banks, "thereby laying the foundation of a f...
What Happens if You Forgot to File Your GST?
Ever since its inception, the Goods and Services Tax, or GST, has been a funny concept to wrap one’s head around. It has totally changed the way retai...
Finance Ministry Called FIEO’s Claims on GST Refunds as ‘Exaggerated’
Finance Ministry expressed their difference of opinion from FIEO on the GST refunds issue. Finance Ministry said Rs 71,169 crore worth GST refunds ha...
Growth in India Projected to Accelerate Further Finds World Bank
Growth reached 6.7 per cent in fiscal year 2017/18, with a significant acceleration in recent months, it said. "Prompted by the adoption of the 'Goods...