Weekly GST Communique dated February 03, 2025
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field […]
GST rate rationalisation process underway, say sources
After rationalising income tax rates in the Union Budget, the government may also be looking at rationalising the Goods and
Dr. Reddy’s Laboratories faces ₹184 cr penalty for GST refund issue
Dr. Reddy’s Laboratories Limited has received order, levying a penalty of ₹ 1,84,35,58,762/- as per provisions of the CGST Act, 2017,
GST Collections Climb 12.3 Per Cent in January 2025, Tamil Nadu Displays Highest Growth In Revenue
The Goods and Services Tax (GST) collections soared in January, official government data on Saturday showed. The data showed that
Finance Bill 2025; Budget impact from GST perspective – All You need to know
Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill (FB) 2025 introduces
Punjab achieves 11.87 pc growth in GST, says Minister Cheema
Punjab Finance Minister Harpal Singh Cheema said on Sunday that the state has achieved an 11.87 per cent growth in
India eliminates 7 high tariff rates, says Sanjay Kumar Agarwal, CBIC chairman
The Central Board of Indirect Taxes & Customs (CBIC) has taken steps to improve India’s tariff structure by removing several
Budget 2025: India’s gender budget rises 37% to reach ₹4.49 lakh crore
Finance Minister Nirmala Sitharaman on Saturday allocated ₹4,49,028.68 crore for India’s Gender Budget, a 37% increase from last year, when
Gujarat records 17% growth in GST revenue for Jan 2025
Gujarat’s tax department reported a 17% increase in Goods and Services Tax (GST) revenue for January 2025 compared to the
Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC Chair
The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply from 11.65%
