What is IGST and when it is applicable? Integrated Goods And Service Tax, or IGST, is a tax which is levied on all the interstate supplies of goods and services or the supply of good and services ...
Breaks down how the law protects taxpayers who misclassify supplies between intra-State and inter-State, highlighting refund ...
The Goods and Services Tax or GST, system was brought into existence in 2017 to simplify the taxation system, which was long claimed to be complex. It was deemed to be the reason or an element acting ...
Centre, states are likely to discuss CGST, SGST, IGST laws in the crucial GST Council Meet tomorrow. According to ET Now, states may push for higher compensation post revenue losses after ...
The State has registered a revenue collection of ₹1,021.32 crore under the State Goods and Services Tax component of the GST during April. This is by far the highest SGST collection ever since the GST ...
Businesses that have accumulated Integrated GST (IGST) credit in their books can settle it against central and state tax dues in any proportion, the revenue department has said. Importers typically ...
HYDERABAD: The commercial tax department recorded an overall growth driven by IGST settlements. These taxes are from establishments, which are exempt such as the GST like hospitals, power companies, ...
The above figure includes GST collection from domestic transactions between June 5, 2021 and July 5, 2021 since taxpayers were given various relief measures in the form of waiver/ reduction in ...
Goods and Services Tax (GST) collections in September, in gross terms, were at Rs 1.73 lakh crore, with a yearly jump of 6.5 per cent, according to data from finance ministry released on Tuesday. In ...