GST News

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...