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GST stuck in deep crisis, Center doesn’t have money to compensate states

In almost three years from its inception, the much-hyped Sistas Goods and Services Tax (GST) of ‘one country one tax’ has been caught in deep crisis...

The central government isn’t ready to pay GST dues to states: Union Finance Secretary

The GST Council was scheduled to satisfy again in July to figure on the formula for paying compensation to states. However, this meeting has not been..

Center has no money to pay GST dues from Corona, 10 crore jobs in peril – told a parliamentary committee

GST share According to a minimum of two members who attended the board meeting, the finance secretary made these comments in response to an issue on..

Relief to Uttarakhand amid Corona infection, 300 crore GST; Debt crisis averted

Uttarakhand is currently relieved within the Corona crisis. The central government has given nearly 300 crore amount of GST compensation. The state has been postponed to..

Strict action plan against fake exporters claimed refund of 2029 crore

The tax Department is getting to take stringent action against the 1,474 at-risk exporters whose location isn’t correct but has claimed a refund of Rs 2,029..

Impact of lockdown – 44 million less GST in the first quarter

Impact of lockdown In the half-moon of the present fiscal year, the district has collected revenue of 105.33 crore as GST (Goods and Services Tax), which..

High court cleanliness dispute, ban on a tender process

Bilaspur Municipal Corporation cleanliness contract dispute has reached the supreme court. Excluded from the tender process, the ladies’ women self-help group, through its lawyer, filed a..

GST fraud in Punjab: wires caught with Vikas Aggarwal’s Ludhiana

The big business won’t be ready to hide the acquisition and sale from GST, invoices can’t be changed

Everyone buys and sells of massive businessmen with a turnover of quite Rs 500 crore will soon be within the eyes of GST. All sales invoices..

GST rates may decrease thanks to incrementing in assets, government fully conscious of this

Economic Affairs Secretary Ajay Bhushan Pandey says that if there’s a rise within the assets, the GST rates might be reduced further. Pandey says that if..