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The Goods and Services Tax (GST) Council may consider one-time amnesty scheme to facilitate exit for ‘nil’ filers and non-filers.“Approximately there are 25 lakh ‘nil’ filer assessees while on an average 10 per cent of assessees have never filed returns so far,” a...

The central GST authorities in Thane on Wednesday arrested two businessmen and a chartered accountant for allegedly floating fake companies and fraudulently claiming input tax credit on transactions of over Rs 60 crore. Input tax credit allows taxpayers to claim...

Recent new releases on GST Portal, to make the GSTIN portal more User friendly, which are as follows: Category: Registrations Facility to apply for Revocation of cancellation of Registration has been enabled on GST Portal. This form will enable Tax payers whose...

It appears that GST has not spared even the village temples in Tamil Nadu, especially when it comes to utilising funds for renovation. Many village temples saw bright prospects in taking up renovation work when the fund was doubled from the earlier sum of Rs 50,000....

The State government is not opposed to the Centre including petrol and diesel in the Goods and Services Tax (GST) regime after compensating the revenue loss, Finance Minister T.M. Thomas Isaac has said. Dr. Isaac told reporters here on Wednesday that the Union...

The 27th meeting of the GST Council, the highest decision-making body of the GST regime, will meet on May 4 to discuss a simpler return form. Sources said Finance Minister Arun Jaitley would the chair the meeting of the GST council comprising state finance ministers....

The state’s Goods and Services Tax (GST) department, during a seminar held by the Times Group on Thursday, requested the tax payers to file their returns regularly. During the event, traders and businessmen spoke about the issues regarding e-way bills and non-refunds....

Worried by 18 per cent GST (goods and services tax), a major chunk of the ice-cream industry in the state is in dire straits today. Unable to cope-up with increased manufacturing (production) cost and high rate of tax, a large number of small-scale ice-cream makers...

Section 16 of the Central Goods and Services Tax Act, 2017/Rule 3 of the Cenvat Credit Rules, 2004 – Input tax credit – Period March, 2009 to March, 2015 – Assessee availed cenvat credit on photocopies of invoices – Adjudicating Authority denied cenvat credit –...