Uttar Pradesh tax mop-up may zoom 40% to Rs 2.62 trillion in FY24
Uttar Pradesh tax mop-up may zoom 40% to Rs 2.62 trillion in FY24
Read MoreUttar Pradesh tax mop-up may zoom 40% to Rs 2.62 trillion in FY24
Read MoreStrongly believe we're not liable to pay any tax on delivery charge, says Zomato
Read MoreModi Budget@10: GST crosses several hurdles, time for pole vault with merger of slabs
Read MoreLIC faces Rs 806-cr GST notice from Maharashtra, plans to challenge order
Read MoreEicher Motors gets Rs 130 cr tax demand notices, company to challenge
Read MoreAsian Paints gets GST demand notice of Rs 13.83 crore from TN's tax dept
Read MoreBest of BS Opinion: A difficult mandate, Accord and discord & more
Read MoreHUL receives Rs 447.5 cr GST demands and penalties, firm to make assessment
Read MoreTaxpayers can withdraw their GST-related cases filed in High Courts and the Supreme Court and lodge them with the upcoming GST appellate tribunals so as to speed up their outcomes, Finance Minister Nirmala Sitharaman said in the Lok Sabha on Tuesday. The Parliament’s Lower House subsequently passed amendments to the central GST law aimed at operationalising the tribunals at the earliest.
Read MoreVedanta on December 23 said its subsidiary Bharat Aluminium Company Limited (BALCO) has received a Goods and Services Tax (GST) demand notice of Rs 84 crore.
Read MoreThe Goods and Services Tax Network (GSTN) has introduced a new feature on the GST Portal, empowering users to address grievances related to payments through the Grievance against Payment (GST PMT-07) system.
Read MoreThe state grievance redressal committee (GRC), which is meant to address GST taxation hurdles, has failed to meet since July 2021, leaving several complaints and grievances pending for over two years, said the Goa Chamber of Commerce and Industry.
Read MoreThe government is considering allowing filing of updated or revised returns under the goods and services tax (GST), a move expected to benefit taxpayers and also bring down litigation under the indirect tax regime. As per the proposal, taxpayers will be able to rectify their returns including computation of tax, ET has learnt. “We are looking at allowing updated returns under GST,” a senior official told ET.
Read MoreIn a bid to assist taxpayers grappling with Goods and Services Tax (GST) issues, the Central Board of Indirect Taxes and Customs (CBIC) has introduced a significant amnesty scheme. This initiative allows specified GST taxpayers to lodge appeals against GST tax demand orders until January 31, 2024.
Read MoreFinance Minister Nirmala Sitharaman had said earlier this year that the GST (goods and services tax) regime has brought a significant improvement in the system which has not only benefited the states but ultimately the “people as well”.
Read MoreMany online gaming companies, which have received Goods and Services Tax (GST) notices are preparing to argue in courts that even if a game of skill is played with money, it remains a skill game, contrary to the interpretation of the authorities, two persons familiar with the development said.
Read MoreReal estate developers have made representation before Finance Minister Nirmala Sitharaman to make amends in the recent circular of imposing 18% GST on corporate guarantees given by related parties, as per government sources.
Read MoreThe West Bengal government has kept in abeyance the order that reduced the “intrastate e-way bill” threshold from Rs 1 lakh to Rs 50,000, effective from December 1, a top official said on Thursday.
Read MoreOn Tuesday, December 19, the National Academy of Customs & Indirect Taxes and Narcotics (NACIN) hosted “Training at Workplace” event. The event was held at its Vizag centre in hybrid mode, as other members could attend it online. Notably, the topic of discussion during the event was “Levy of GST on Online Games”.
Read MoreTelangana Commercial Taxes Department officials have unearthed Input Tax Credit Fraud wherein new methods were adopted by Mr. Chanda Sai Kumar.
Read MoreThe online gaming industry has welcomed Finance Minister Nirmala Sitharaman’s recent comments that the 28% GST would be levied prospectively on casinos, online gaming and horse racing and not on a retrospective basis.
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