Circulars

CBIC has issued Clarification regarding GST rate and classification of ‘Rab’ based on the recommendation of GST Council in its 49th meeting held on 18th February, 2023 via issuing Circular.

CBIC issues Clarification on GST Rate and Classification of ‘Rab’ based on recommendation of 49th GST Council

News

A team from the Central Goods and Services Tax (GST) performed numerous raids at different locations of a private coaching school in Bhubaneswar on suspicion of tax evasion.

Multiple Coaching Centres in Bhubaneswar Under IT scanner for Tax Evasion

The State GST Department issued notices on approximately 8,000 assessees in the state in its assessment of old VAT cases for 2015-16 and 2016-17, 60-70 percent of whom had not even been told about the assessments, according to counsel for many industrialists.

VAT Cases: GST Dept serves Notices on 8000 Assessees

Gujarat must collect Rs 7,183.61 crore from the Goods and Services Tax (GST) Council over the last two years.

Gujarat yet to get 7,183 crore from GST Council

GST collection increased by 15% in December (FY 2022-23) when compared to December (FY 2021-22) of the previous year.

15% increase in GST Collection Year-on-Year

Judgement

CBIC vide NN. 05/2022-CTR dated 13 July 2022 service by way of renting residential dwelling to registered person will attract GST under Reverse charge mechanism

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CBIC issues Clarification on GST Rate and Classification of ‘Rab’ based on recommendation of 49th GST Council

Multiple Coaching Centres in Bhubaneswar Under IT scanner for Tax Evasion

VAT Cases: GST Dept serves Notices on 8000 Assessees

Gujarat yet to get 7,183 crore from GST Council

15% increase in GST Collection Year-on-Year

Renting of residential premises: RCM Applicability on service received by registered person from registered person