GST return forms likely to be tweaked to curb mismatchesThe government is looking to revamp GST return forms to minimise discrepancies between reported sales and tax payments. Draft forms will be...
GST reforms from November 1 to simplify e-commerce seller registration, fast-track refundsStarting November 1, the government plans to simplify GST registration for small e-commerce sellers. These reforms intend to reduce complia...
Finance Ministry to invite comments on amended GST return forms from Nov 1The Finance Ministry will invite comments from businesses on proposed changes to GST return forms. This feedback period will begin on Novem...
Tamil Nadu adopts new GST checks to ease goods movementTamil Nadu has introduced 'flying squads' for goods-in-transit checks, enhancing intelligence-led inspections while maintaining vehicle int...
GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEsThe success of next-generation GST reforms will ultimately be measured on the basis of their ability to lower compliance costs, enhance ref...
GST reforms aim to boost compliance by removing fear, widening tax baseRate rationalisation showed that a lower rate yields more revenue as the base widens, and process reforms rest on the same principle. A bus...
GST must become an economic partnership, not just tax collection tool: CBIC chief Vivek ChaturvediVivek Chaturvedi, Chairman of CBIC, emphasized the importance of reducing compliance burdens for GST taxpayers. During a recent meeting, va...
Centre & states to draft rules for existing arrest cases under GSTThe Centre will collaborate with states to create standard procedures for handling arrest cases. Starting April 1, 2027, an invoice managem...
GST officers will soon be allowed to stop vehicles for inspection only at origin & destination statesNew regulations will allow GST officers to halt vehicles carrying high-value goods only at their origin and destination. Prior authorizatio...
GST Council reforms address key industry concerns, focus shifts to implementation, says Dept of Revenue officialDuring the 57th GST Council meeting, significant recommendations were made to address concerns from stakeholders. The government plans to i...
GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working ca...
GST Council bets on faster refunds, lower penalties to ease business burdenThe 57th GST Council meeting has introduced measures to simplify compliance and expedite refunds for businesses. Recommendations include in...
Karnataka CM Shivakumar hints at "good news" on pending central grants after GST Council meetKarnataka Chief Minister DK Shivakumar addressed media after the GST Council meeting concerning pending central grants. He mentioned that U...
'Faster decisions, lower compliance costs': PM Modi welcomes new round of GST reformsPrime Minister Narendra Modi on Thursday welcomed the new round of GST reforms approved by the Goods and Services Tax (GST) Council, saying...
GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...
"GST is always very useful for state like West Bengal": Finance Minister Swapan Dasgupta after 57th GST Council meetIn the recent 57th GST Council meeting, West Bengal Finance Minister Swapan Dasgupta emphasized the crucial role of GST in bolstering state...
GST Council meet: Scrapping tax officers' arrest powers, decriminalisation among reforms on agendaThe GST Council is poised to address significant reforms that could transform GST compliance for businesses. Among the proposed measures ar...