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According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

CBEC to verify 50,000 GST transitional credit claims

The verification drives come when GST revenue has not picked up.

19 March 2018 8:28 PM GMT

Healthcare services such as dialysis, pacemaker implantation, support devices in orthopaedics and cancer treatment could be costlier under GST.

CBEC to verify GST transitional credit claims of 50,000 taxpayers

GST collections in November stood at Rs 83,716 crore, December (Rs 88,929 crore) and January (Rs 88,047 crore).

19 March 2018 12:21 PM GMT

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

'Centre, States sanction Rs 10,000 cr refunds due to exporters'

GST Council, in its last meeting on March 10, has directed all States tax authorities to proactively clear refund...

17 March 2018 5:06 AM GMT

GST reform process would lead to a move from the regime of tax exemptions in various sectors of economy to a regime of seamless flow of credit and payment of tax.

GST refund figures by trade bodies are inaccurate: CBEC

CBEC said that the efforts are beginning to show positive results.

16 March 2018 8:11 PM GMT

India typically imports around 800 tonnes of gold every year. (Photo: PTI)

Banks to pay 3 per cent IGST on gold imports: CBEC

GST is payable at the rate of 3 per cent of the total transaction value of jewellery.

21 Aug 2017 10:46 AM GMT

The classic Bengali sweet sandesh will attract 5 per cent GST irrespective of whether it has chocolate or not, said CBEC.

CBEC clarifications: Sweets to attract 5 per cent GST, no GST on...

Also, fresh isabgol seeds will attract nil GST, while dried or frozen isabgol seeds attract 5 per cent.

4 Aug 2017 4:27 AM GMT

The government is working to regulate and reduce the portion of food offered in star hotels and restaurants to reduce wastage of food. Is that a good idea?

18 pc GST on food takeaway from non-AC area at AC restaurant

Tax has to be charged at 18 per cent on supplies of food made from their takeaway counter.

13 Aug 2017 6:53 AM GMT

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

Centre notifies dates for GST returns

As per the notification, outward supplies in Form GSTR-1 for the month of July will have to be filed between September...

9 Aug 2017 10:31 PM GMT

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

Online travel agents can deduct TCS under GST, says CBEC

Online travel agents providing services through digital or electronic platform will fall under category of e-commerce...

8 Aug 2017 10:42 AM GMT

RBI governor Urjit Patel (Photo: PTI)

No fake notes seized by CBEC till December 30: RBI

The CBEC is a part of the department of revenue under the finance ministry.

20 Jan 2017 9:14 PM GMT

Income Tax officials conducted a raid at Tamil Nadu Chief Secretary Rammohan Raos residence in Chennais Anna Nagar on Wednesday. (Photo: PTI)

I-T asks tax practitioners to register entities separately

CBEC asked all tax practitioners not to open more than one enrolment or registration case at one time.

17 July 2017 11:18 AM GMT

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

GSTIN not necessary for import or export of exempt goods

GSTIN is a 15 digit unique code which is assigned to each registered business or trader.

13 July 2017 12:24 PM GMT