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gst network news

Businesses with over Rs. 100 Cr turnover must upload e-invoice within 7 Days

The validation system built into the invoice registration portal will disallow the user from reporting the invoice after the 7-day window. (Representational Image)
business
Published on Apr 13, 2023 06:14 pm IST

E-invoicing is a major GST reform for ease of doing business: Finance Secretary

It will be finally made available to all taxpayers for B2B transactions from next financial year.
business
Published on Oct 09, 2020 02:44 pm IST

FM Nirmala Sitharaman chairs meet on GST simplification

The finance minister also proposed to carry out a similar exercise in various circles across the country to take feedback and acquaint taxpayers with the new forms. (Photo @FinMinIndia)
business
Updated on Nov 17, 2019 02:28 pm IST

Quicker one-form GST filing process ready for roll-out

The Union finance ministry is finally ready to move ahead with the single monthly return system for the Goods and Services Tax (GST), a move that will simplify the process of filing returns and also getting input tax credit.
india news
Updated on May 16, 2019 10:40 am IST

Bengaluru I-T dept busts ₹1,200 crore fake GST invoice scam

Three men have been arrested for generating fake bills worth ₹1,200 crore under the new Goods and Services Tax (GST) regime.
india news
Published on Nov 15, 2018 12:26 pm IST

One year of GST: Tech failure posed challenge, says finance secretary

The other challenge in the first year of GST implementation was in plugging an “information gap”, says finance secretary Hasmukh Adhia.
india news
Published on Jul 01, 2018 08:13 am IST

Notices shot off to businesses for less IGST input credit claim

GST officers have pointed out discrepancies and have asked taxpayers to claim the input credit or refund in the returns of the subsequent month.
business
Updated on Jun 08, 2018 05:32 pm IST

Council to discuss bringing natural gas under GST in next meeting

The inclusion of natural gas within the GST framework on an experimental basis would be put before the GST Council in its forthcoming GST Council meeting
business
Updated on Jun 08, 2018 05:09 pm IST

Six states to roll out intra-state e-way bill from tomorrow

Schoolchildren and others walk past empty trucks parked in a row, waiting to be escorted by police to Assam to ferry supplies to Manipur, on the outskirts of Imphal.
business
Updated on May 31, 2018 06:56 pm IST

GST Council: Single return filing system to come into force in six months

The GST Council, chaired by Jaitley, also deferred a decision on levying a cess on sugar and referred the issue of incentivising digital payments to a group of state finance ministers.
business
Updated on May 04, 2018 11:56 pm IST

Central and state govts to hold 50% stake each in GST Network: Arun Jaitley

Arun Jaitley said that the collective share of the state governments in the GSTN will be divided on a pro-rata basis.
business
Updated on May 04, 2018 04:40 pm IST

GST Council meet today, taxpayers may get simpler return filing forms

Union Finance Minister Arun Jaitley flanked by MoS for Finance Shiv Pratap Shukla and Revenue Secretary Hasmukh Adhia at the 26th meeting of the Goods and Services Tax (GST) Council, in New Delhi.
india news
Updated on May 04, 2018 10:25 am IST

Govt begins move to increase stake in GST Network

Official said finance minister Arun Jaitley is of the opinion that the government should be the repository of the data provided by companies so that there is no fear of a data breach.
business
Updated on Apr 10, 2018 07:18 am IST

E-way bill mandatory for inter-state movement of goods from April 1

To ensure a fool proof system, the GSTN has activated only that facility on its portal where e-way bill can be generated when goods are transported from one state to another by either road, railways, airways or vessels.
business
Updated on Mar 30, 2018 03:32 pm IST

Centre launches crackdown on GST evaders

Special session for the GST launch at Parliament House in New Delhi on June 30, 2017.
business
Updated on Mar 29, 2018 11:26 pm IST
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