https://www.taxtmi.com/article/detailed?id=10381 A Ministry Status Note confirms large GST compensation disbursements for 2020-21 and partial release for 2021-22, with remaining payments dependent on cess accrual; concurrently a GoM has proposed a 28% GST rate for online gaming, casinos and race courses without resolving valuation basis. Strong GST collections and GSTN enhancements to GSTR 1/IFF and Annual Aggregate Turnover functionality are intended to improve compliance, while CBIC risk management guidelines and multiple state instructions refine disclosure, refund and virtual hearing procedures. en-us Fri, 06 May 2022 08:33:48 +0530 Fri, 06 May 2022 08:33:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10381 A Ministry Status Note confirms large GST compensation disbursements for 2020-21 and partial release for 2021-22, with remaining payments dependent on cess accrual; concurrently a GoM has proposed a 28% GST rate for online gaming, casinos and race courses without resolving valuation basis. Strong GST collections and GSTN enhancements to GSTR 1/IFF and Annual Aggregate Turnover functionality are intended to improve compliance, while CBIC risk management guidelines and multiple state instructions refine disclosure, refund and virtual hearing procedures. Articles Goods and Services Tax - GST Fri, 06 May 2022 08:33:48 +0530 https://www.taxtmi.com/article/detailed?id=10381