GST Tribunal revamps appeal process: Division bench review now mandatory for appealsThe move seeks to prevent smaller benches from deciding cases involving important legal questions, ensure consistent rulings, and streamlin...
16 May, 2026, 12.50 AM IST
Centre releases Rs 75,000 crore to states as GST compensation"Ministry of Finance has released today Rs 75,000 crore to the States and UTs with Legislature under the back-to-back loan facility in lieu...
15 Jul, 2021, 10.07 PM IST
FM to chair GST Council meet tomorrow; tax cut on COVID essentials, black fungus medicine on agendaCouncil will discuss the report of the GoM on GST concessions on COVID-19 relief items like medical grade oxygen, pulse oximeters, hand san...
11 Jun, 2021, 05.11 PM IST
J&K posts 2.94% growth in GST collections in FY21The growth in the Goods and Services Tax (GST) revenue collections was posted despite constraints witnessed during the initial months of th...
02 Apr, 2021, 06.33 PM IST
Finance Ministry releases weekly instalment of Rs 6,000 cr to meet GST shortfallThe Finance Ministry on Monday released the ninth instalment of Rs 6,000 crore to the states to meet GST compensation shortfall, taking the...
28 Dec, 2020, 08.38 PM IST
GSTN develops functionality for transfer of amount available in electronic cash ledgerNew Delhi, May 5 () GST Network (GSTN) on Tuesday said it has developed a new functionality on the portal through which taxpayers can now t...
05 May, 2020, 06.37 PM IST
Centre releases Rs 19,950 crore as GST compensation to states and UTsIn December 2019, the Centre had released Rs 35,298 crore to states to compensate for the revenue loss on account of GST rollout.
21 Feb, 2020, 09.31 AM IST
Finance Commission likely to get extension for working on devolution to UTs of J&K, LadakhAccording to the Act, the distribution of taxes suggested by the 15th Finance Commission to the state of Jammu and Kashmir will have to be ...
18 Nov, 2019, 05.56 PM IST
States, Union territories have up to 43% GST revenue gapHalf-a-dozen states — Puducherry, Himachal, Uttarakhand, Punjab, Jammu & Kashmir and Bihar have a shortfall of up to 43% of average monthly...
23 Jul, 2018, 11.38 AM IST
GST rate on construction sector hiked to 18%While notifying the tax rates for central GST, IGST and Union Territory GST, the Central Board of Excise and Customs (CBEC) tweaked the tax...
29 Jun, 2017, 09.55 PM IST
GST alphabet soup: Don't let the acronyms confuse youWith all the talk of GST, it may be difficult to keep up with the surrounding jargon. Here are some terms that you should know about this a...
29 Jun, 2017, 06.43 PM IST
US business schools can study India's GST implementation: Narendra ModiImplementation of the GST shows India can take big decisions and implement them swiftly, the prime minister said at the interaction with th...
26 Jun, 2017, 03.45 PM IST
President Pranab Mukherjee gives assent to four supporting legislations on GSTThe legislations that have got assent are Central GST Act; Integrated GST; GST Compensation Act; and Union Territory GST.
13 Apr, 2017, 03.44 PM IST
Parliament passes 4 GST bills, July 1 rollout likelyArun Jaitley insisted that the GST, which will usher in a uniform indirect tax regime in the country, will not lead to inflation as apprehe...
07 Apr, 2017, 01.20 AM IST
GST rates will have no inflationary impact: Arun JaitleyIntroducing four bills to give effect to GST, Jaitley said the legislations will have to be passed by Parliament and one by each of the sta...
29 Mar, 2017, 02.37 PM IST
Government wants to pass GST bills through consensus: Arun JaitleyDuring the meet, Congress leader and former union minister M V Rajasekharan's letter showering praise on the prime minister was discussed.
28 Mar, 2017, 01.10 PM IST
GST draft bills tabled in Parliament; peg peak rate at 40%The bills introduced are the Central GST Bill, the Integrated GST Bill, the Union Territory GST Bill, and the GST (Compensation to States) ...
28 Mar, 2017, 01.38 AM IST