Rs. 86,449 crore of GST revenue collected in the month of August,2020
As per the Press Release issued today by Ministry of Finance it has been informed that the gross GST revenue…
Category: GST News
GST shortfall borrowing twin options rejected by five States
The GST Council had offered the states 2 borrowing options to tide over GST revenue shortfall States could either borrow ₹97,000…
Physical Hearings to start on experimental basis in Supreme Court: SoP issued
On an experimental basis, and as a pilot scheme, physical hearing of matters may initially commence in three Court-rooms of…
![Understanding the options given to States to tide over GST revenue shortfall [Read paper on GST Compensation options]](https://www.taxwallah.com/wp-content/uploads/2020/07/GST-378x252-1.jpg)
Understanding the options given to States to tide over GST revenue shortfall [Read paper on GST Compensation options]
During the 41st GST council meeting on Thursday the Central Government had offered states two borrowing options to tide over their…
Centre’s twin options on meeting GST compensation shortfall unacceptable, say States
States have united and come out strongly and rejected the Centre’s options placed before the GST Council at the 41st…
Key takeaways of 41st GST Council Meeting held today
The much awaited 41st meeting of the GST Council, headed by Finance Minister Nirmala Sitharaman and comprising state counterparts, was held today via…
Expectations from GST Council set to meet on August 27
The GST Council will try to reach a consensus on the issue of borrowing from the market to solve the…
Arindam Choudhary of IIPM fame arrested for service tax evasion
In an another riches to rag story, Arindam Choudhary of IIPM and “Dont count your chickens till they are hatched”…
Next GST Council Meeting: All you want to know
The much-awaited Goods and Services Tax (GST) Council meeting is likely to be held on August 27 and another meeting…
Proposal for GST under reverse mechanism draws mixed response from jewellery sector
A proposal by a group of ministers for GST amendment on the gem and jewellery sector elicited a mixed response…
States can implement e-way bill for Intra-State transportation of Gold : GoM
Given tax evasion and smuggling of gold, the GST Council in November 2019 created a group of ministers to examine…
GST returns with new features to be launched next month
Good and Services Tax (GST) assessees in the country, numbering 1.2 crore, will have an improved form to file returns…