GST

The Maharashtra GST Department has arrested a criminal for false claims of a refund of more than Rs. 27 crores! He reportedly claimed these refunds by creating fake input tax credits under the name of two fake firms. Read…

By raising the threshold limit from Rs 2 crore to Rs 5 crore in tax evasion cases, the government is working on a proposal to decriminalise certain offences under the goods and services tax (GST) in order to promote ease of doing business.…

By raising the threshold limit for launching prosecution as well as lowering the charges for compounding of offence, the government is working on decriminalisation of certain offences under GST. Currently, the law provides for…

Pay More GST For These Products, Services From Today (July 18, 2022) From Monday, July 18, the prices of several essential commodities and services are going to increase as the the GST Council has introduced changes in tax rates of some…

Rail Passenger Paid Rs 70 For 1 Cup Of Tea On Shatabdi Express; Indian Railways Justifies This Insane Price! A man traveling on a train was charged Rs 70 for a single cup of tea. What did the receipt say? This happened when…

Major Shuffle In GST Rates : Packaged Food, Hotel Rooms Will Be Expensive! Check Full List.. The GST Council, in its 47th meeting in Chandigarh on Tuesday, introduced changes in tax rates of some daily consumer goods which can impact…

Govt Wants To Treat Fantasy Games Same As Gambling; 28% Tax Can Be Imposed On Such Online Games From today, all eyes are set on the two-day meeting of the Goods and Services Tax (GST) Council, especially the taxpayers and…

GST Exemptions Can Be Removed For These Services; GST On Electronics Can Be Hiked To 18% (GST Recommendations By GoM) In a bid to raise the revenue-neutral rate or RNR to over 11%, a slew of changes in GST has been proposed by a group…

Pay More For Food As 8% GST Can Be Applicable Now; 5% GST Slab Can End | 3%, 8% GST? Sources said that the GST Council at its meeting next month is likely to consider a proposal to do away with the 5 per cent slab by moving some goods…

A single 15% slab by merging the 12% and 18% slab is what a panel of state ministers are considering. However, due to the growing inflation concerns they are wary of proposing an increase in the threshold rate to 8%, from 5%. People…