Zee Business

4 years of GST: What is Goods and Services Tax? CGST, SGST taxation? Who is liable? ITC claim? Registration? All details here

On the eve of completion of 4 years of the GST here are few things which one needs to know about GST. GST is a destination based tax on consumption of goods and services. It is proposed to be levied ...
Zee Business

What are SGST, CGST, IGST and UTGST? A point-by-point guide on when is which applicable

Do you know all the four types of Goods and Services Tax (GST)? Here's a lowdown on IGST, UTGST, CGST and SGST for you. Central Goods And Service Tax (CGST) is a tax levied by the central bank on the ...
The Financial Express

Assets seized or detained? Know the remedies available under Sections 129 and 130 of the CGST Act

In the case where any person transports any goods or stores any goods while they are in transit in contravention of the provision of CGST Act, 2017 or rules made thereunder all such goods and ...
The Financial Express

Offsetting GST credits: New mechanism can lead to accumulation of CGST credits

GST is all set to mark 2nd anniversary in four months from now. Described as a ‘good and simple tax’, GST marks a fundamental shift from the way businesses were being done earlier. As the GST journey ...
Business Line

CBIC notifies Oct 1 as date to enforce amendments in CGST Act

The Central Board of Indirect Taxes & Customs (CBIC) has notified October 1 as the date for bringing into force amendments in the CGST Act, enacted through the Finance Act 2025. These amendments ...