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Highest GST E-way Bills in Sept 2021

September 2021 Gets 6.69CR GST E-way Bills, Higher in 6 Months

In the month of September, the e-way bill generation for goods transportation under the Goods and Services Tax (GST) stood at 6.79 cr September which is the highest since the beginning of the present financial year as the economic activity accumulates the speed in the coming festive season. E-way bill generation is registering a constant […]

Steps to Change Business Address on GST Portal

Easy to Change GST Registered Business Address on Portal

GST enrollment is needed for all businesses. Nevertheless of the class of the activities of the firm, the companies who have a turnover exceeding Rs 40 lakhs should be enrolled for GST. GST registration includes various advantages.  A previously enrolled assessee might need to update the GST profile that is required to revise his GST […]

New 3-tier GST Rate Structure By Next FY

New GST Slab Rate (5, 18, 28 per cent) Expected By FY 22-23

The upcoming more meetings of the GST Council would take countries into new indirect tax governance convenient to the ambition of providing a clear tax system with the least exclusions and fewer rates. Sources working on the GST rate rational stated that a three-rate tax structure may become an actuality early next commercial later the […]

GST Revenue Collection in September 2021

23% More GST Collection in Sept 2021 Compared to Sept 2020

The government has recently revealed the GST revenue collection of the month of September 2021 which now stands at INR 1,17,010 crore and the share of CGST is INR 20,578 crore, the SGST is 26,767 crore and the IGST came to INR 60,911 crores which also accommodates the INR 29,555 crore on behalf of the […]

GST Levy on Sewage Treated Water Supply

Maharashtra AAR: GST Applicable on Sewage Treated Water Supplied by NMC

The Maharashtra Authority for Advance ruling has recently stated the decision for the Nagpur waste-water management Pvt ltd which had sorted the answers for the issues and queries of its business-related input tax credit and GST payment to the parties. The Nagpur waste-water management private limited is a private limited company that is registered under […]

Steel & Mining Companies May File Petition Over 18 Percent GST

Steel & Coal Firms Challenge Govt for GST on Licence, Royalty Fees

There are various steel manufactures and coal mining firms that have outreached to their respective legal experts to look into options to challenge the current government diktat to tax opening royalty and license fees within the Goods and Services Tax (GST) framework. Recently when the meeting was held the government has informed that any royalty […]

New Bills Passed in Gujarat Assembly

Gujarat Assembly Passes New Bills – GST Amendment & Indian Partnership Act

The two invoices from the Finance Department amending Gujarat Goods and Services Tax Act and Indian Partnership (Gujarat Amendment) Act were passed in the Gujarat Assembly on Tuesday. These Bills were inserted by freshly appointed Finance Minister Kanubhai Desai, who came up with particular rectification of the two Acts for enhancing ‘ease of doing business […]

Virtual GST Conclave for New Reforms

FICCI: South India GST Conclave Set for Resolving GST Issues

The FICCI is set for a conclave organization with the minister panel of 4 from south Indian states and would discuss the tax sharing formulae particularly related to the goods and services tax scheme along with some other issues of the GST in a conference. The conclave called ‘South India GST Conclave’ will be an […]

CBIC Clarification Over Wrongly Paid GST Amount

Mistakenly Paid GST Amount (IGST or CGST, SGST) for Inter or Intra-state Now Refundable

The Central Board of Indirect Taxes and Customs (CBIC) mentioned that the amount of CGST, SGST, or IGST improperly filed for intra-State or inter-State shall be refunded in 2 years. The board has obtained representations sought for clarification upon the problems towards the refund of the tax which is filed mistakenly as mentioned in section […]

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