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The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and Cess…
The Excise and Taxation Department, Government of Haryana had identified a list of 373 active registered taxpayers of State jurisdiction who had not filed FORM GSTR-3B up till March 2021. These taxpayers were liable to be cancelled under the provisions…
There is distortion between the decision taken on fly ash bricks and blocks at the 47th GST Council Meeting held in June this year and the subsequent notifications issued by the government, say N. Bhanumathidas and N. Kalidas, fly ash…
Vide Notification No. 18/2022-Central Tax dated 28.09.2022, the Central Government has appointed 01.10.2022 as the date on which the provisions of sections 100 to 114, except clause (c) of section 110 and section 111, of the Finance Act, 2022 shall…
The 47th GST Council met under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here in Chandigarh today. The meeting was also attended by Union Minister of State for Finance Shri Pankaj Choudhary besides Finance…
Source : Press Release dated 01.11.2021. Income Tax Department has rolled out the new Annual Information Statement (AIS) on the Compliance Portal which provides a comprehensive view of information to a taxpayer with a facility to capture online feedback. The…
Press Release dated 13.11.2020 from Ministry of Finance Over the years, the Ministry of Finance has been holding pre-budget consultations in North Block with Industry / Commerce Associations, Trade Bodies and Experts to seek ideas for the Annual Budget. Owing…