Currently Browsing: GST News & Updates

MSBL

What is PSBLoanin59 Minutes: The Ultimate Guide

The PSBLoanin59 Minutes is an initiative of the Government of India to facilitate credit for the micro, small and medium enterprises. The borrowers can access the web portal and avail a principal approval for MSME loans up to an amount of one crore within 59 minutes from five public sector banks and SIDBI. It is […]

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The GST Collection For March-19 Hits All Time New Record At Rs 1.13 Lakh Crore

The GST collection for March-19 crossed up-to its highest since the new system rolled-out of the nationwide sales tax. The mop-up for March rose 10.05 percent over the Mar-18 to Rs 1.13 lakh crore, according to a statement by the Ministry of Finance. That compares with the previous high of Rs 1,06,577 crore collected for […]

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Form GSTR-11

All About Form GSTR-11

What is Form GSTR-11? Form GSTR-11 is the return form to be prepared by the individuals who have been issued a Unique Identity Number (UIN), in order to obtain refunds under GST, for all the goods and services purchased by them in India.

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aviation turbine fuel, natural gas under the GST

GST Council may bring aviation turbine fuel, natural gas under the GST at next meeting

The GST Council is likely to bring in two petroleum products – aviation turbine fuel, natural gas under the GST at its next meeting, a senior government official told .

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GST Free Banking Services

GST Free Banking Services and No GST For International Passengers-FM

The department clearifies that keeping GST free banking services like ATM withdrawals and cheque book issuance outside the ambit of GST has put to rest the confusion prevailing over the issue.

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Waives off GST on langar

Waives off GST on langar by centre govt, SGPC welcomes move

The state government has already Waives off GST on langar to purchase of  Food items. The Shiromani Gurdwara Parbandhak Committee (SGPC) on 01 June welcomed the Centre’s move to Waives off GST on langar food products .

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GST monthly collections

GST monthly collections slightly below then April

Total 62.46 lakh businesses filed their summary sales return Form GSTR-3B in the month of May 2018. New Delhi, Riding on better compliance after introduction of e-way bills, In May, the GST monthly collections came at Rs 94,016 crore, Ministry of Finance said in a notification. Against an average mop up of nearly Rs 90,000 […]

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Returns of GST till 31st May

File 2 Returns of GST till 31st May

New Delhi:- Under the GST, the last date for filing 2 returns of GST till 31st May, you have to file GSTR-1 and GSTR-6. GSTR-1 is to file those business whose business turnover is more than Rs 1.50 crores.

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Including petroleum products under GST

After Including petroleum products under GST won’t impact prices too much: Sushil Kumar Modi

PATNA: Bihar Deputy Chief Minister Sushil Kumar Modi on Saturday asserted that including petroleum products under GST will not have much impact in reducing its prices.

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Impact of GST

3 Lakh New Jobs in The Logistics Sector, Impact of GST Implementation: Report

New Delhi:- In the country Impact of GST over logistics sector, around 3 million new jobs will be created in the next 4 years. This possibility is due to the introduction of Goods and Services Tax (GST) and investment in the infrastructure sector.

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