GST

Delhi/Hyderabad, Oct 7 (Maxim News):  The Goods and Services Tax (GST) council has taken a significant step towards promoting healthy eating by announcing a substantial reduction in GST rates for millet flour food preparations. 

Delhi/Hyderabad, Sept. 1 (Maxim News)  Even as the goods and services tax collections figures for August 2023 are to be released on Friday, the Centre has said that GST revenues for the month have shown 11 percent growth over August 2022. 

Delhi/Hyderabad, July 1 (Maxim News):  The gross GST revenue collected in June witnessed a 2.80 percent rise to Rs. 1,61,497 crore, compared to Rs. 1,57,090 crore collected in May. 

As of May 1, the GST network has mandated that large business corporations with a turnover exceeding ₹100 Cr are required to submit their electronic invoices on the Invoice Registration Portal (IRP) within seven days of invoice generation.

Delhi/Hyderabad, Feb 18 (Maxim News) Union Minister for Finance, Nirmala Sitharaman has announced to release of the GST compensation owed to the states immediately.