GST News

eInvoice2 Portal to be introduced from 1st April 2023
Posted in GST on 31 March 2023
NIC is happy to introduce eInvoice2 portal. It is second portal of NIC-IRP..
SOP for scrutiny to be finalized ahead of the launch of GST Appellate Tribunal
Posted in GST on 31 March 2023
Together Parliament cleaning the deck to establish GST Appellate Tribunal to resolve rising disputes under the nearly six-year-old indirect tax regime, the reve..
FM grants GST exemption on cancer drug for minor
Posted in GST on 30 March 2023
India's indirect taxes body gave a ₹7 lakh goods and services tax exemption for a cancer medication for a small girl...
Ministry of Finance states 15% increase in GST Collection YoY
Posted in GST on 28 March 2023
There has been an increase of 15% in GST Collection in the month of December (FY 2022-23) as compared to the month of December (FY 2021-22)..
Lok Sabha approves setting up of GST Appellate Tribunal to solve disputes
Posted in GST on 25 March 2023
Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST...
Develop mechanism for online audit of GST: Parliamentary Panel on Finance
Posted in GST on 24 March 2023
A high-level Parliamentary panel has suggested to the government to look into the possibility of developing a mechanism for online audit in GST, in order to mak..
GSTN | HSN Code Reporting in e-Invoice on IRPs Portal
Posted in GST on 23 March 2023
We would like to inform you that this requirement has already been implemented in the GST system, and we are now in the process of implementing the same at IRPs..
3 GST officials involved in fake raid dismissed through newspaper ad
Posted in GST on 22 March 2023
The state goods and service tax department led by senior bureaucrat Rajeev Mittal on Tuesday dismissed three GST inspectors after it was confirmed they were inv..
GSTN issues advisory for taxpayers wishing to register as OPC in GST
Posted in GST on 21 March 2023
Advisory for the taxpayer wishing to register as "One Person Company" in GSTAs per provision of section 2(62) of The Companies Act, 2013 "One Person Company" is..
GST officers unearthed fake invoicing racket involving tax evasion of Rs 17 crore
Posted in GST on 20 March 2023
GST officers in Delhi have unearthed a fake invoicing racket involving tax evasion of Rs 17 crore and arrested two persons, the Finance Ministry said on Saturda..