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The Latest Breaking News from IGST

Kerala cries foul over Centre’s decision to deduct ₹332 crore from IGST settlement

Kerala government cries foul over ₹332 cr. IGST deduction. Finance Minister Balagopal urges Union FM Sitharaman to reverse decision, citing lack of clarity & adversely affecting fiscal situation. Calls for deliberations in GST Council & plugging leakage in GST system.

Tamil Nadu forms panel headed by Arvind Subramanian to study IGST related issues

Tamil Nadu forms panel headed by Arvind Subramanian to study IGST related issues

TN forms committee to study IGST settlement pattern. Five-member panel to recommend ways to capture IGST sales, augment revenue.

CPI(M) counters Cong. move to vilify CM, family

CPI(M) counters Cong. move to vilify CM, family

CPI(M) defends CM Vijayan against Congress' corruption charges; CM's tour of Puthuppally to focus on development. CPI(M) Central secretariat member A.K. Balan challenged Congress leader Mathew Kuzhalnadan to quit politics if the party proved that Mr. Vijayan's daughter had not paid IGST compensation. Leader of Opposition V. D.Satheesan and senior…

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A restrained race turns combative in Puthupally

Congress and CPI(M) battle in Puthuppally byelection has descended into personal attacks. Congress leader Kuzhalnadan accused CM Vijayan's daughter of evading IGST and demanded Vigilance inquiry against CM for ₹36-crore loss. CPI(M) pushed back with All India Lawyer's Union seeking Kuzhalnadan's debarment. Politics of payback to continue till 2024 LS…

GST revenues register three-month high in July

India’s gross revenues from the Goods and Services Tax (GST) hit a three-month high to cross ₹1.65 lakh crore in July. However, at 10.8%, it was the slowest uptick in collections since July 2021 compared to revenues from the same month last year. Overall GST Compensation Cess levies, which will…

Harish Rao concerned over diversion of huge revenue after State split, non-updation of tax payers’ addresses

Minister raises the issue during GST Council meeting in Chandigarh

Vedanta moves High Court fearing a loss of ₹150 crore due to “arbitrary” deadline fixed by DGFT

Firm also insists on utilising duty credit certificate to set off IGST and GST compensation cess

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Pinarayi Vijayan

Nirmala Sitharaman

Ramesh Chennithala

Mathew Kuzhalnadan

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