GST NEWS BULLETIN

Finance ministry issued a clarification about misleading reports circulating in the media regarding the increase in GST rates on 143 items

It has been noted that a section of the media has reported that feedback has been sought from States regarding a suggestion for raising Good & Services Tax (GST) rates on 143 items.

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Kerala GST dept. issued clarification regarding the extension of limitation under GST Law in terms of the Hon’ble Supreme Court’s order

The Kerala GST Department vide Circular No 8/2022 dated April 23, 2022, issued clarification regarding the extension of limitation under GST Law in terms of the Hon’ble Supreme Court’s Order in the reference Order in Miscellaneous Application No. 21 of 2022 in Miscellaneous Application No. 665 of 2021 in Suo Motu Writ Petition (C) No. 3 of 2020 of the Hon’ble Supreme Court and Circular No. 157/13/2021-GST dated July 20, 2021, issued by the Central Board of Indirect Taxes & Customs (“CBIC”).

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