Every year, when the government releases the goods and services tax (GST) collection figures for April, they are touted as a ‘record high' or the ‘highest ever’. Technically, they are—but ...

The Supreme Court on Friday dismissed an appeal by the Revenue Department against a ruling by the Andhra Pradesh High Court on 5 per cent GST on badam-flavoured milk. Based on this, experts ...

GST on UPI Payments: The government has denied specific media reports claiming that it is considering proposals to levy a GST of nearly 18 per cent on digital payments made on the UPI platforms ...

Despite the higher number, the per assessee or GSTIN (GST Identification Number) collection of GST by States is lower than that of the Centre. Data show that, on a Pan-India basis, the average per ...

Popcorn serves as a case study in classification overlap. The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has begun reviewing the classification of food items ...

Between FY22 and FY24 the total GST collected from health insurance premiums was about Rs 21,000 crore. (Freepik) The Goods and Services Tax (GST) Council will likely meet in June or early July to ...

The government has refuted claims of imposing GST on UPI transactions exceeding Rs 2,000, clarifying that no such proposal exists. GST applies to charges like Merchant Discount Rate (MDR), which ...

To address the confusion among flat owners, the CBIC clarified that housing societies must pay GST on full maintenance amount if it exceeds ₹7,500 per month. To clear up growing confusion among ...

The government on Friday rejected the claims that it is planning to levy Goods and Services Tax (GST) on Unified Payments Interface (UPI) transactions above Rs 2000. "There is no such proposal ...

Central and state GST officers have detected 25,009 fake firms involved in fraudulently passing input tax credit (ITC) worth ₹61,545 crore during 2024-25, officials said. During the 2024-25 ...

The gross GST collected this time was about ₹2.37 lakh crore, marking an on-year growth of 12.6% from last April. After refunds, the central government netted over ₹2.09 lakh crore ...

MUMBAI: The Nagpur bench of the Bombay high court has held that Goods and Services Tax (GST) is not applicable to the transfer of development rights (TDR) or floor space index (FSI) as part of a ...