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The revenue department today said the last date for GSTR-3B return filing for December has been extended by two days to January 22.
Taking a grim view of the less-than-expected tax collection under the composition scheme, the government has decided to set up a separate team to look into tax evasion by small traders.
Minister of State for Finance said an amount of Rs 1,241.84 crore was generated in 2015-16, Rs 1,369.79 crore in 2016-17.
The Indian economy is yet to recover from the shocks of demonetisation and GST, according to India Ratings & Research, a subsidiary of Fitch Ratings.
Uttar Pradesh: Four policemen suspended after eight-year-old dies in encounter between cops, criminals
The nursery school student, Madhav was playing in a nearby park when a bullet fired by the gangsters hit him.
The GST Council today decided to provide a three-year GST exemption for viability gap funding given under the regional air connectivity scheme.
GST Council meet: Rates on 29 items slashed to zero per cent, return filing process to be made simpler
Finance Minister Arun Jaitley said the next meeting of the Council may consider bringing items like crude oil, natural gas, petrol, diesel, ATF and real estate within the GST purview.
The Goods and Services Tax Council also rationalised the rates of 49 other items, according to Uttarakhand Finance Minister Prakash Pant.
Upbeat sentiment got boost on reports that the government is considering raising the foreign investment ceiling in private banks to 100 per cent and in public sector lenders to 49 per cent, traders sa
Punjab has lost about 40 per cent of its revenues after the implementation of the GST, the state's Finance Minister Manpreet Singh Badal said today.
With 14 states joining the e-way bill system, GST Network today said it has opened the platform for trial by all users.
The Congress today called for bringing petroleum products and real estate under the ambit of GST and said it would make a strong pitch for this at GST Council meeting.
In addition, the Council is likely to make changes in the Goods and Services Tax Law to facilitate the release of locked input tax credit in tourism and hotel industry.
A decline in revenue collections from the GST, and lower non-tax revenue have led to worry about government meeting the fiscal deficit target.
Include petroleum and natural gas under GST regime at the earliest: Confederation of Indian Industry
The Confederation of Indian Industry (CII) has called for inclusion of petroleum and natural gas under GST at the earliest.