Fast-track GST refund, else Rs 65K cr may be stuck: Exporters

Sep 19 2017

Exporters asked the govt to fast-track the refund process and avoid further deterioration in their "liquidity situation".

Govt gets Rs 42K cr tax so far in first filing under GST

Aug 21 2017

As much as Rs 42,000 cr has already come in as taxes so far in the first monthly filing under the new GST regime.

Banks will have to pay 3 percent IGST on gold imports: CBEC

Aug 21 2017

Banks importing gold and precious metals will have to pay 3% tax under the GST which can be claimed as input tax credit, govt said.

Biz can file returns, pay taxes for July on GSTN portal

Aug 08 2017

"Taxpayers can log into their account at the GST Portal and file their GSTR-3B return any time," Navin Kumar said.

Customs, IGST collection nearly doubles to Rs 30K cr in July

Aug 04 2017

The collections from customs duty and IGST from imports post implementation of GST has almost doubled to Rs 30,000 cr in July, govt official said.

Jaitley introduces 2 bills in LS to extend GST to J-K

Jul 31 2017

The CGST (Extension to Jammu and Kashmir) Bill, 2017, would provide for levy of the GST on goods sold and services rendered in the state.

Cabinet clears draft bills to replace GST ordinances for J&K

Jul 19 2017

The Cabinet approved a draft bill to replace ordinances that were promulgated to introduce GST in Jammu and Kashmir.

Govt exempts SEZs from integrated GST

Jul 06 2017

Providing relief to SEZs, the govt has exempted goods imported by units or developers of special economic zones from IGST.

GST's red-carpet entry: Impact on consumers, traders, government

Jun 29 2017

GST will irreversibly impact consumers, traders, businesses as well as the revenue collection machines of the states and the centre.

FinMin starts notifying provisions of GST acts, amends rules

Jun 28 2017

The Finance Ministry has started notifying various provisions of law relating to interest calculation, input tax credit and valuation.

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