GST News

Government Denies Plans to Impose GST on UPI Transactions Over Rs 2,000

The Indian government has clarified that there are no plans to impose GST on UPI transactions over Rs 2,000, dismissing recent reports as false. The finance ministry explained that...

Government Clarifies: No GST on UPI Transactions Above Rs 2000, Dismisses Rumors as Baseless

The government has denied rumors of imposing GST on UPI transactions over Rs 2000, stating no such proposal exists. UPI's growth is supported by government incentives, with transac...

High Court Ruling: Carbonated Juices to Enjoy Lower GST Rate of 12%, Not 28%

The Gauhati High Court has ruled that carbonated juices will attract a lower GST rate of 12%, not 28%, marking a significant win for beverage manufacturers like X’SS Beverage and s...

Government Extends GST Filing and Payment Deadlines Due to System Glitches

The Indian government has extended the deadlines for GST filing and payments due to technical glitches in the GSTN system. New deadlines have been set, and the GST Network is worki...

New GST Regulations: 18% Tax on Car Sale Margins Explained

New GST regulations impose an 18% tax on the margin of car sales, affecting registered businesses. The change also increases the GST rate for electric vehicles to 18%, aligning the...

GST 'Track and Trace' Mechanism to Combat Cigarette and Pan Masala Evasion

The GST Council has approved a 'track and trace mechanism' to combat tax evasion, focusing on cigarettes and pan masala. This system aims to reduce illicit trade and provide a lega...

New Cess on Sin Goods: Potential 35% Tax Hike Looms

The Indian government is considering a new 35% special rate of GST on sin goods, such as tobacco, cigarettes, and soft drinks, as a starting point for the post-compensation cess er...