IGST

<!-- -->The GST Council is chaired by Union Finance Minister and comprises of state ministers.New Delhi: The GST Council at its next meeting on Tuesday is likely to exempt cancer medicine Dinutuximab imported by individuals from tax,…

NEW DELHI: The GST Council is likely to discuss a demand of industrial units located in 11 Himalayan and North Eastern states for reimbursement of full Central GST and 50 per cent of net Integrated GST paid, sources said.Currently, Centre…

NEW DELHI: The gross Goods and Services Tax(GST) revenue collected in June 2023 was ₹1,61,497 crore, 12% higher than in the same month last year, according to data released by the finance ministry on Saturday.Out of the gross GST…

The Directorate General of GST Intelligence (DGGI) and Directorate of Revenue Intelligence (DRI) have detected alleged Integrated GST evasion to the tune of ₹11,000 crore by 24 large importers."So far evasion detected is about ₹11,000 crore…

New Delhi: India's goods and services tax (GST) collections rose 12% to ₹1.5 lakh crore in February from the year earlier, indicating that economic activity remained steady, according to official data released Wednesday.A separately…

NEW DELHI: Gross GST revenue receipts in December totalled nearly Rs 1.5 lakh crore, up 15% year-on-year, signalling that demand remains robust and efforts to boost compliance have had an impact.Data released by the finance ministry on…

India's goods and services tax receipts in December rose 15% year-on-year to Rs 1.49 lakh crore ($18.07 billion), a government statement said on Sunday, reflecting strong economic activity during the festive season. Goods and services taxes…

NEW DELHI: The government’s move to withdraw the GST exemption on export freight at the start of the month has made exporters nervous as they expect liquidity to shrink at a time when they are dealing with weak demand in advanced countries,…

The Gujarat High court has directed the Central Board of Indirect Taxes and Customs to grant refund of goods and services tax paid on ocean freight within six weeks with interest, in a relief for importers. The decision comes after the levy…

NEW DELHI: The revamp of special economic zones (SEZs) through the Development of Enterprise and Service Hubs(DESH) Bill will come with a fiscal package, including a possible freeze on direct taxes at 15% for units and hubs until 2032 in…