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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.

Simpler GST filing module may be finalised on March 10: official

GST collections increased to Rs 86,703 crore in December from Rs 86,318 crore in January.

8 March 2018 11:39 AM IST

Minister of State for Finance clarified that as per an earlier decision of GST Council, states may choose any date before June 1 to implement e-way bill. (Photo: ANI)

States directed to implement e-way bill by June 1

Trial phase for the generation of the new e-way bill was deferred on account of technical glitches.

7 March 2018 10:28 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST rates may get political tinge in election year

The GST council's fitment committee would take a final decision with all states on board.

31 Dec 2018 11:03 AM IST

I am asking these questions as his misadventure is impairing national interest and I hope Rahul Gandhi and the Congress party would respond immediately, Finance Minister Arun Jaitley wrote on Facebook. (Photo: ANI)

India working towards single GST rate: Arun Jaitley

The standard rate of VAT and excise was 14.5 per cent and 12.5 per cent respectively.

25 Dec 2018 1:12 AM IST

Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)

GST standard rate to be fixed between 12-18 pc as revenues increase:...

The GST Council in its last meeting cut rates on 23 items, thereby trimming the 28 per cent slab.

24 Dec 2018 12:44 PM IST

The annual revenue implication of the rate cuts would be Rs 5,500 crore, Finance Minister Arun Jaitley said. (Photo: ANI | Twitter)

GST Council cuts rates on 23 items; movie tickets, TVs to become...

The new tax rates will come into effect from January 1, 2019.

22 Dec 2018 5:29 PM IST

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

Simplified GST return forms to be rolled out from April 1: Revenue...

The 2018-19 budget had estimated annual GST collection at Rs 13.48 lakh crore, which means a monthly target of Rs 1.12...

4 Dec 2018 1:09 PM IST

Over 17 lakh e-way bills for inter-state movement of goods have been generated by businesses and transporters since the launch of the GST anti-evasion measure on April 1.

E-way bill rollout due in Assam, Rajasthan this week

As per Finance Ministry, the e-way bill rollout has been scheduled for Wednesday (May 16) in Assam, and Sunday (May 20)...

15 May 2018 12:40 PM IST

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 10:36 AM IST

It has become imperative to curtail it at 5 per cent slab, contended the Chamber.

Fix GST at 5 pc, rationalise stamp duty, land rates for affordable...

With GST slab staying onto 8 per cent would partly defeat the efforts to provide for housing for all by 2022.

30 March 2018 11:47 AM IST

Businesses availing trasnitional credit can file GST returns till August 28. Photo: Twitter| @GSTN_IT

GSTN to rope in private entities for tax payer profiling

GST Network has invited bids from private entities for "360-degree" profiling of taxpayers for early detection of fraud.

7 May 2018 6:54 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

GST Council announces simplified return filing process

A taxpayer shall be also given user-friendly IT interface and offline IT tool to upload the invoices.

5 May 2018 11:09 AM IST