Central Gst

Manpasand Beverages GST fraud case: Chirag Doshi resigns as director; shares plunge 42% in three days

Shares of Manpasand Beverages continued to fall on Wednesday, plunging over 42 percent in three days.

Investors continue to desert Manpasand Beverages; shares plunge over 42% in three days

The new circuit limit for Manpasand Beverages is 10 per cent and would be effective from May 29, the exchange had said

Budget 2019: Arun Jaitley’s calculations have gone awry because of a huge shortfall in GST collections

At the current rate, the gap in the actual central GST earned and the central GST that the government hoped that it would earn, will be close to Rs 1,50,000 crore.

Govt extends deadline for filing TDS returns for October-December to 31 January, 2019

The TDS provisions under the goods and services tax (GST) were brought into effect from 1 October, 2018

MNCs play truant, cite vague reasons for not passing on GST rate cut benefit to consumers

According to anti-profiteering rules, the authority will suggest to MNCs a return of the undue profit earned from not passing on the GST rate cut benefit to consumers along with an 18 percent interest as also impose a penalty.

GST collection falls for second straight month to Rs 85,174 crore in February; only 69% file returns

GST collections slid for the second straight month to Rs 85,174 crore in February as only 69 percent of the assessees filed returns

GST on 29 items, 54 services cut; experts say govt must ensure e-way bill process is bug-free

It was highly expected that GST Council would decide the fate of petroleum products under GST to remove cascading effect but unfortunately no decision has been taken yet.

GST mops up Rs 92,283 cr in July: Good start, but don’t uncork the bubbly yet

As far as the GST collection figure is concerned, it will take a few more months before one gets a clearer pattern.

GST collections hit Rs 92,283 cr in July, likely to go up further: FM Arun Jaitley

Of 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

20 lakh businesses pay GST so far, more to follow: GSTN Chairman

The government had on 19 August extended the due date for filing of GST returns and payment of taxes to 25 August from 20 August earlier after businesses complained of snag in the GST portal.