Karnataka recorded a 15% growth in GST collections in November 2024, second only to Maharashtra. The state's GST revenue for the month stood at ₹13,772 crore, as revealed during a…
Haryana GST Department Launches Start-Up GST Facilitation Cell in Gurugram
The Haryana Excise and Taxation Department, through Order No. 1178/GST-I dated November 28, 2024, introduced the Start-Up GST Facilitation Cell (SUGFC) in Gurugram. The initiative is designed to assist emerging…
Rajasthan GST Department Issues Order on Scrutiny of Returns
The Rajasthan Commercial Taxes Department, via an Order dated November 29, 2024, assigned territorial jurisdiction under the Rajasthan GST Act, 2017 for the scrutiny of GST returns. Key Highlights of…
Haryana GST Department Launches MSME GST Facilitation Cell (MSME-GFC)
The Haryana Excise and Taxation Department, through Order No. 1177/GST-I dated November 28, 2024, has introduced the MSME GST Facilitation Cell (MSME-GFC) at Vanika Bhawan, Panchkula, to provide focused assistance…
Excess Stock and Section 130 of the CGST Act: Key Judicial Clarifications
The Hon’ble Allahabad High Court, in Vijay Trading Company v. Additional Commissioner [Writ Tax No. 1278 of 2024], clarified that tax authorities cannot invoke Section 130 of the Central Goods…
GST GoM Proposes Rate Tweaks on 148 Items, Textile Sector Faces Major Changes
The Group of Ministers (GoM) on GST rate rationalization has finalized a report recommending adjustments to tax rates on 148 items, with significant implications for the textile sector and luxury…
17 Cryptocurrency Exchanges Face GST Evasion Charges of ₹824.14 Crore
The Ministry of Finance has revealed that 17 cryptocurrency exchanges are under investigation for evading Goods and Services Tax (GST) to the tune of ₹824.14 crore. Minister of State for…
Odisha Reports 10% Growth in GST Collections for November
Odisha recorded a 10% increase in GST collections during November 2024, collecting ₹4,704 crore compared to ₹4,295 crore in November 2023, as per data from the Union Finance Ministry. National…
Centre Proposes GST-Style Panel for Agricultural Marketing Reforms
The Ministry of Agriculture and Farmers’ Welfare has proposed creating an Empowered Committee of State Agricultural Marketing Ministers to streamline agricultural marketing reforms. Modeled on the GST Empowered Committee of…
55th GST Council Meeting to Address Inverted Duty Structure (IDS) Reforms
The 55th GST Council Meeting, scheduled for 21 December 2024, in Jaisalmer, Rajasthan, is expected to focus on resolving critical tax issues, especially those related to the inverted duty structure…