Goods & Services Tax

Not Filing GST? Your Bank Account Can Be Frozen, GST Registration Cancelled As Per New Rules As per the reports, the non-filing of Goods and Services Tax (GST) returns could result in attachment of bank accounts or cancellation of…

Govt. May Increase 5% GST Slab To 6%; Govt Plans To Extract More Tax Revenues From You! As per the reports, the Goods and Services Tax (GST) council may consider a hike in tax structure and could increase the existing 5% rate to 6% to…

Income Tax sleuths have unearthed the largest GST related fraud in India. Rs 173 crore was syphoned off using fake GST invoices, by a Mumbai based firm. Owners have been arrested. Since July 2017, this company was showing fake invoices of…

While 39 lakh taxpayers filed their GST within the last date in September, it was 28.46 lakh in August, which clearly showcases the increase.

Normally, strikes and bandhs in the last 12 months have been declared against GST’s implementation. But starting today, truckers are striking for GST, pan-India.

In yet another positive news coming out due to GST regime, India’s largest online shopping platforms: Flipkart and Amazon have decided to resume their big ticket order delivery in UP and Bihar, along with some portions of Gujarat.…

After Goods and Services Tax (GST) was implemented pan-India effective July 1st, a wave of reforms and improvements have been witnessed across various sectors. Although several of long-term benefits will take time to emerge, one…

The four-day-old GST Nation might be struggling with the new taxes and rules, but here are a few things that you need to know. The Prime Minister may have announced the ‘One Nation One Tax’ propaganda, but there are still a number of…

GST regime is now live across India, and as expected, there are loads of confusion and myths related to the new tax structure across India. Sensing the need and understanding the confusion ensuing all around, Revenue Secretary…

Hearing pleas from eCommerce portals and small businesses who are selling their products online, Govt. of India has decided to postpone implementation of GST for them. This means that 1% Tax Collected at Source will not apply for…