GST
Explore the world of Goods and Services Tax (GST) with our comprehensive guide. Learn about GST rates, compliance, benefits, and its impact on businesses and consumers. Stay informed about the latest GST updates and ensure you're making the most of this taxation system.
Created on: 12/18/2023
FM Sitharaman Exposes 21791 Fake GST Registrations Tax Evasion
Sitharaman reported that a total of 21,791 entities with GST registration, split between state tax and CBIC jurisdictions, were found to be non-existent.
Created on: 12/18/2023
GST Department Special Drive Identifies 21791 Falsified Registrations
Finance Minister Nirmala Sitharaman revealed on Tuesday that a special two-month drive by GST officers has deciphered 21,791 instances of fraudulent GST registrations and suspected tax evasion amounting to over 24,000 crore.
Created on: 12/05/2023
November 2023 Highest Year on Year GST Revenue Growth
Notably, this is the sixth instance in FY 2023-24 where gross GST collections surpassed Rs 1.60 lakh crore. By November 2023, FY 2023-24's gross GST collection reached Rs 13,32,440 crore, averaging Rs 1.66 lakh crore monthly.
Created on: 12/05/2023
GSTN Advisory Procedures Provisions Taxpayer Amnesty Missed Appeal Deadlines
The Goods and Services Tax Network (GSTN) has issued an advisory outlining procedures and provisions for taxpayers who missed the appeal filing deadline for orders passed on or before March 31, 2023.
Created on: 12/05/2023
GSTN Enhances Login Security Two Factor Authentication
GSTN is implementing two-factor authentication (2FA) to enhance login security on the GST portal.
Created on: 12/04/2023
GST Collection Significance Last Phase Financial Year
Goods and Services Tax (GST) revenue for October 2023 reached Rs 1,72,003 crore, marking the second-highest collection after April 2023.
Created on: 12/04/2023
Identifying Fake GST Bills Report Complete Process
The Goods and Services Tax (GST) system, introduced in India in 2017, aimed to simplify the indirect tax structure by replacing various taxes like VAT and service tax.
Created on: 12/01/2023
Guide to the Duty Drawback Scheme under the GST Act 2017
A Comprehensive Guide to the Duty Drawback Scheme under the GST Act 2017: Exploring Various Provisions
Created on: 11/24/2023
GST E-Way Bill Guide Required Documents Format Exemption Validity
An Eway bill, short for Electronic Way Bill, is a document introduced under the Goods and Service Tax (GST) system to monitor the transit of goods.
Created on: 11/22/2023
Identifying Fake GST Bill Verify GST Bill Overview
A fake GST bill is created when there's no real exchange of goods or services, and no actual GST payment is made. Checking the authenticity of a GST bill is a simple process.