The biggest ever joint-operation by DRI-DGGI teams targeted exporters who were claiming refund of IGST fraudulently. Sources say pan-India searches were carried out at 336 different locations across the country on Wednesday.

As far as the filing of returns go, section 39 of the CGST Act has been amended to introduce a new option for specified taxpayers to furnish their returns on a quarterly basis, instead of monthly

Out of the total GST collection in July, CGST is Rs 17,912 crore, SGST is Rs 25,008 crore, IGST is Rs 50,612 crore (including Rs 24,246 crore collected on imports), and cess is Rs 8,551 crore (including Rs 797 crore collected on imports)

GST Council meet updates: The 36th GST Council meet slated to be held Thursday (today) has been postponed. Finance Minister Nirmala Sitharaman was to consider the proposal to slash tax rates on e-vehicles (EVs) from 5% to 12% at the meet.

Union Budget 2019 Expectations: A key pre-budget demand from the trade associations involved in import and export is that the government should announce steps to boost India's cross-border trade apart from announcing tax sops

The GST collection in June was Rs 99,939 crore, slipping below the Rs 1-lakh-crore mark for the first in four months.

In the latest one - 35th GST Council meeting held in Delhi on June 21 - several key decisions, including the extension of the date for filing annual GST returns by two months to August 30 and introduction of a new single-form GST return filing system from January 1, 2020, were taken.

Amid a severe drinking water crisis in Tamil Nadu, state deputy chief minister O Panneerselvam Friday sought from the Centre a special package of Rs 1,000 crore to augment irrigation structures in drought-hit areas.

For credit that has already been claimed in the GSTR-3B return, as well as credit claimed in the auto-generated GSTR-2A return, it is imperative that this matches with the books of accounts, and the GSTR-9 return.

The Union Ministry of Culture has released Rs 57 lakh GST refund to the GST authority in Ludhiana which is to be forwarded to the Shiromani Gurdwara Parbandhak Committee, which manages Sikh shrines

The GST Council, which will meet on June 20, will take a final decision on the turnover threshold for issuance of e-invoice for B2B sales after consultation with states

The Business Confidence Index (BCI) which is an indicator of business sentiments across the Indian industry segments plunged for January to March 31, 2019, on a quarter-on-quarter (q-o-q) basis.

The ministry said that many taxpayers have raised concern that annual return form GSTR-9 does not allow a taxpayer to report details of IGST paid on imports made in 2017-18 but credit for the same was availed in 2018-19.