Latest News on Igst
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Igst - Total results - 32
Nov 15, 2017
GST Network utility portal goes live; merchant exporters can start claiming refunds from tonightWith the new utility RFD-1A, a merchant exporter can claim refund of GST paid at the time of buying goods which he has exported in the relevant month
Nov 12, 2017
Ace shooter Gagan Narang, NRAI hail Centre's decision to exempt sports equipment from GSTThe Indian shooting fraternity welcomed the government's decision to exempt imported sports equipment from the ambit of Goods and Services Tax (GST).
Oct 06, 2017
GST Council meet today likely to decide on relief for exporters, assess GST Network's functioningThe Group of Ministers, under Sushil Modi, set up to look into GSTN glitches will also brief the Council on the portals functioning.
Sep 28, 2017
Industry, exporters raise GST concerns, seek timely refund of duties at meet with FMIndustry representatives also brought up compliance matters on which the finance minister invited suggestions to improve the GST implementation
Sep 27, 2017
August GST mop-up Rs 90,669 cr; July transitional claims Rs 12,000 cr, not Rs 65,000 cr, says govtAs per the tax sharing formula, the Centre will compensate states for any revenue loss calculated on a base year of 2015-16 and assumed revenue growth of 14 percent.
Sep 19, 2017
Fast-track GST refund, else Rs 65,000 cr may be stuck: ExportersThe Committee on Exports, chaired by Revenue Secretary Hasmukh Adhia, on Tuesday met 8 export promotion associations to understand their concerns post the implementation Goods and Services Tax (GST) from 1 July
Aug 29, 2017
GST collections hit Rs 92,283 cr in July, likely to go up further: FM Arun JaitleyOf the tax collected, Jaitley said, Rs 14,894 crore have come in as Central GST, Rs 22,722 crore as State GST and Rs 47,469 crore as Integrated GST, which is levied on inter-state movement of goods and imports
Aug 21, 2017
Banks to pay 3% Integrated GST on gold imports: CBECUnder GST, "3 percent Integrated-GST is payable on all imports of precious metals in addition to the basic customs duty. IGST paid can be taken as input tax credit by the banks."
Jul 17, 2017
GSTN portal to allow businesses to upload their sale and purchase invoicesBusinesses can start uploading their sale and purchase invoices generated post 1 July on the GSTN portal from 24 July.
Jul 17, 2017
Businesses can upload sale, purchase invoices on GSTN portal from 24 JulyGenerating invoices for dealings above Rs 200 and keeping invoice records in serial number even if maintained manually, are pre-requisites for claiming input tax credit under the GST regime.