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GST News Headlines

Do away with IGST, do data driven inspection rather than having Inspector Raj: Manish Sisodia
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Do away with IGST, do data driven inspection rather than having…

New Delhi, June 27 (KNN) Highlighting that as much as Rs 1.81 lakh crore has accumulated in the IGST fund which is lying idle and causing economic loss,…

Post GST turnaround time in road transport sector down by 18-20%: ICRA
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Post GST turnaround time in road transport sector down by 18-20%:…

Kolkata, June 22 (KNN) An year after implementation of the Goods & Services Tax (GST) in the country, the turnaround time in road transport sector is…

MSMEs' exposure to credit increasing despite GST and Demonetization: CIBIL-SIDBI report
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MSMEs' exposure to credit increasing despite GST and Demonetization:…

New Delhi, June 21 (KNN) Despite demonetization and GST fever, the credit growth in the MSME sector improved, according to a CIBIL-SIDBI joint report.

Refunds of Rs 25,000 crore pending due to inability of GST network: Amit Mitra
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Refunds of Rs 25,000 crore pending due to inability of GST network:…

New Delhi, June 19 (KNN) Large numbers of exporters across the country were awaiting refunds to the tune of Rs 25,000 crore, which have been stuck due to…

GST helped gather info on small manufacturers, bring entire Textile chain under tax net: Fin Min
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GST helped gather info on small manufacturers, bring entire…

New Delhi, June 18 (KNN) The Goods and Service Tax (GST) has helped both Centre as well as States to gather data on small manufacturers and consumption,…

Delhi becomes last to implement intra state e-way bill amongst all States & UT’s in the country
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Delhi becomes last to implement intra state e-way bill amongst…

New Delhi, June 15 (KNN) Delhi, the national capital of India, is the last one to implement intra state e-way bill amongst all States & UT’s in…

Centre and concerned state to equally share funds collected under GST anti-profiteering rules
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Centre and concerned state to equally share funds collected…

New Delhi, June 15 (KNN) Now the Centre and the 'concerned state' will equally share the funds collected under GST anti-profiteering rules, as per…

Ahilya Chamber seeks fundamental changes under GST to ensure smooth operations
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Ahilya Chamber seeks fundamental changes under GST to ensure…

Indore, June 15 (KNN) The Ahilya Chamber, an umbrella body of all the important and prominent trade associations of Indore, has asked for some fundamental…

Is GST reverting to the era of ‘Inspector Raj”?
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Is GST reverting to the era of ‘Inspector Raj”?

New Delhi, June 11 (KNN) Is GST, the regime propagated by the Government as a big step towards Ease of Doing Business, going back to the days of ‘Inspector…

More than Rs 7,000 crore GST refunds cleared: CBIC
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More than Rs 7,000 crore GST refunds cleared: CBIC

New Delhi, June 11 (KNN) Half of the pending refunds of the exporters have been cleared in the first nine days of the ongoing Special Refund Fortnight.

J&K starts release of GST refund to industry; FOIJ praises move
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J&K starts release of GST refund to industry; FOIJ praises move

Srinagar, June 7 (KNN) With respect to the refund cases related to GST submitted to the Commercial Tax Department of Jammu & Kashmir, State Finance…

RBI eases loan repayment norms temporarily for MSMEs struggling post GST
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RBI eases loan repayment norms temporarily for MSMEs struggling…

New Delhi, June 7 (KNN) Taking measure to give relief to micro, small and medium (MSMEs) badly affected with GST, even those not currently registered under…

Textile leaders from Surat meet Finance Secretary over GST related issues
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Textile leaders from Surat meet Finance Secretary over GST related…

Surat, June 6 (KNN) With a view to discuss issues related to the Goods and Service Tax (GST), leaders from the textile sector of Surat met Union Finance…

Kashmir industries takes up issues with state govt; demand GST on handicraft at zero level
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Kashmir industries takes up issues with state govt; demand GST…

Kashmir, June 4 (KNN) Raising concerns of the different industries in Kashmir, a delegation of Kashmir Chamber of Commerce and Industry (KCCI) held a meeting…

No GST on free services provided by Banks: FAQ document
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No GST on free services provided by Banks: FAQ document

New Delhi, June 4 (KNN) Banks providing free services to customers like ATM withdrawals will not be liable to Goods and Service Tax, the government said…

Second phase of Special GST refund drive starts from today
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Second phase of Special GST refund drive starts from today

New Delhi, May 31 (KNN) In a move to clear refund claims of exporters under Goods and Services Tax (GST), government will begin a second ‘Special…

Liquidity is a major concern for MSMEs; GST refunds of Rs 20,000 crore pending: FIEO
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Liquidity is a major concern for MSMEs; GST refunds of Rs 20,000…

New Delhi, May 30 (KNN) Refund of over Rs 20,000 crore is pending on account of GST due to which MSME exporters are facing liquidity crisis, said Ganesh…

No change in the GST law and taxation relating to farmers since July, 2017, clarifies Finance Ministry
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No change in the GST law and taxation relating to farmers since…

New Delhi, May 29 (KNN) There has been no change in the Goods & Services Tax (GST) law and taxation related to farmers, clarified the Ministry of Finance.

Apparel exporters meet Piyush Goyal over delays in GST refund and in disbursal of Rebate on State Levies dues
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Apparel exporters meet Piyush Goyal over delays in GST refund…

New Delhi, May 28 (KNN) The country’s apparel exporters reached out to Finance Minister Piyush Goyal seeking intervention to resolve their issues…

Two held for fraud under GST Act in Delhi
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Two held for fraud under GST Act in Delhi

New Delhi, May 24 (KNN) Central Tax, GST Delhi East Commissionerate arrested a Shahdara based father son-duo on May 22 in case of fraudulent issuance of…

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