GST receipts growth to stay above nominal growth over the next few years: CBIC chairman
Mop-ups by way of goods and services tax (GST) will maintain above-nominal growth over the next few years, with expectations ...
GST rate rationalisation challenging due to socio-economic, revenue considerations: CBIC Chairman
The GoM is examining all issues comprehensively and will submit a report. They will have to arrive at some consensus,' Sanjay ...
Got a GST violation notice? Check the notice as it can be fraudulent notice as well
CBIC warns taxpayers about fraudulent GST summons issued by impostors. Taxpayers should verify documents' authenticity ...
No GST on penal charges levied by banks, NBFCs and other regulated entities on loans, clarifies CBIC
The government has stated that no Goods and Services Tax (GST) is required to be paid on penal charges on loans levied by RBI ...
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No GST on Bank, NBFC Penal Charges: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied ...
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'We’ve done our math': CBDT, CBIC confident of meeting GST targets
The CBIC chairman shared an optimistic outlook on GST collections, highlighting the recent record-breaking figure of ₹1.95 ...
Fake GST violation notices on the rise, CBIC warns taxpayers: How to check? What to do next? Know here
The Finance Ministry has issued a warning regarding fake GST violation notices created by fraudsters. These notices appear ...
CBIC Confirms No GST Applicability on Penal Charges Imposed by Banks and NBFCs
The CBIC confirms that GST is not applicable on penal charges by banks and NBFCs, clarifying the tax implications for ...
CBIC notifies rules for entities to get temporary GST identification number
Entities that are not required to get a GST registration but are required to make a tax payment under the GST Act provision ...
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GST TIN for Non-Registered Entities: CBIC Notifies Rules
CBIC has introduced a new rule allowing entities not required to register for GST to obtain a Temporary Identification Number ...
CBIC notifies rules for entities to get temporary identification number under GST
Entities not needing GST registration but required to make tax payments can now obtain a Temporary Identification Number (TIN ...
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Fake GST violation notices on the rise, CBIC warns taxpayers: How to check? What to do next? Know here
The Central Board of Indirect Taxes and Customs (CBIC) has warned taxpayers against fraudulent GST violation notices, which are being issued with the official logo and DIN number, the Finance ...