Search Results for: IGST

Infosys stock falls as company disputes Rs 32,000 crore GST notice

Infosys disputes alleged Rs 32,403 Crore GST evasion, share price declines slightly

Infosys has recently been embroiled in a controversy over a Goods and Services Tax (GST) notice alleging tax evasion to the tune of Rs 32,403 crore. The notice, issued by the Karnataka State GST authorities, has been disputed by the company, leading to a slight dip in its share prices.

Aug 1, 2024

28% GST on online gaming, casinos & horse racing from Oct 1: CBIC chief

The Central Board of Indirect Taxes and Customs (CBIC) is prepared to implement the 28 per cent GST (Goods and Services Tax) rate on online gaming, casinos and horse racing from October 1, CBIC chairman Sanjay Agarwal said on Thursday.

Sep 28, 2023

GST Council to meet on Tuesday, likely to take a call on taxing heavy utility vehicles, horse racing, online gaming

With the GST Council, headed by Union Finance Minister Nirmala Sitharaman, all set to meet on Tuesday, it is expected to take a call on various issues like taxing online gaming, high-end vehicles, as well as horse racing and casino activities.

Jul 10, 2023

Dec 2022 GST collections stand at Rs 1,49,507 crore: Govt

The GST collections for December 2022 stood at Rs 1,49,507 crore -- 2.5 per cent more than Rs 1,45,867 crore collected in November 2022, according to figures released by the Finance Ministry on Sunday.

Jan 1, 2023

Tax, Budget 2017, Union Budget 2017, Income Tax, senior citizens, common man

GST collections touch Rs 1,51,718 cr in Oct; second highest since April [details]

The government collected Rs 1,51,718 crore gross GST revenue in October, which is the second highest collection ever after April this year, official data revealed on Tuesday.

Nov 1, 2022

Revenue increase and growth recorded in Q2 FY20

Gross GST revenue collected in August is ₹1,43,612 crore; 28% YoY increase [details]

Revenues for the month of August 2022 are 28% higher than the GST revenues in the same month in 2021. Monthly GST revenues are more than the ₹ 1.4 lakh crore for six months in a row.

Sep 1, 2022

GST collection touches all-time high in April at Rs 1.68 lakh cr

The monthly collection under the Goods and Services Tax (GST) has touched a record high of Rs 1.68 lakh crore in April 2022, data showed.

May 2, 2022

GST collection touches all-time high in April; stands at Rs 1.68 lakh crore [details]

The gross GST collection has crossed the Rs 1.5 lakh crore-mark for the first time in April 2022 and Rs 1 lakh crore-mark for the 10th month in a row.

May 1, 2022

Imran Khan denotified as PAK PM; to continue as chief exec till caretaker PM appointed [details]

The Cabinet Division of Pakistan issued a notification, de-notifying Imran Khan as the Prime Minister after the President dissolved the National Assembly after a summary was sent by the premier in the wake of a no-trust move against him, The Express Tribune reported.

Apr 4, 2022

No need for separate GST registration in other states, K'taka AAR rules [details]

The KAAR ruled that the applicant need not obtain separate registration in Karnataka, for the supply of services and can raise the invoice by charging IGST from their registered office at Noida, Uttar Pradesh, with the place of supply as Karnataka.

Nov 14, 2021

gst, gst council, gst rates, gst for small traders, gst forms, gst tally, gst india inc, gst banks, gst arun jaitley

GST clocks second highest ever collection, touches Rs 1,30,127 crore in October

In October, gross GST collection was Rs 1,30,127 crore, with CGST at Rs 23,861 crore, SGST at Rs 30,421 crore, IGST at Rs 67,361 crore (including Rs 32,998 crore collected on goods imports), and cess at Rs 8,484 crore (including Rs 699 crore collected on import of goods).

Nov 1, 2021

1 arrested by Delhi CGST Officials for fraudulently claiming ITC of Rs 134 Cr

The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East, carried out the detailed analysis and unearthed a network of fictitious exporters who were availing and utilizing fake Input Tax Credit (ITC) of Rs 134 crore under the Goods and Services Tax (GST) with an intent to claim IGST refund fraudulently.

Oct 13, 2021

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Search Results for: IGST

Infosys disputes alleged Rs 32,403 Crore GST evasion, share price declines slightly

28% GST on online gaming, casinos & horse racing from Oct 1: CBIC chief

GST Council to meet on Tuesday, likely to take a call on taxing heavy utility vehicles, horse racing, online gaming

Dec 2022 GST collections stand at Rs 1,49,507 crore: Govt

GST collections touch Rs 1,51,718 cr in Oct; second highest since April [details]

Gross GST revenue collected in August is ₹1,43,612 crore; 28% YoY increase [details]

GST collection touches all-time high in April at Rs 1.68 lakh cr

GST collection touches all-time high in April; stands at Rs 1.68 lakh crore [details]

Imran Khan denotified as PAK PM; to continue as chief exec till caretaker PM appointed [details]

No need for separate GST registration in other states, K'taka AAR rules [details]

GST clocks second highest ever collection, touches Rs 1,30,127 crore in October

1 arrested by Delhi CGST Officials for fraudulently claiming ITC of Rs 134 Cr

GST Council Meeting: Majority opposed inclusion of petrol under GST, says FM [Full List of New Decisions]

Import duties on raw materials for Covid test kits, Black Fungus medication waived

WHO sends 100 oxygen concentrators to Ladakh amid COVID spike [details]

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]