GST News
LIC Receives Rs 605.5 Crore GST Demand Order for FY20
30 August 2024 at 09:30Life Insurance Corporation (LIC) of India has been hit with a GST demand and penalty order totalling Rs 605.5 crore for the fiscal year 2019-20 (FY20).
Chocolate Firms and Bakeries Hit with GST Notices Over Alleged Underpayment
30 August 2024 at 09:26More than a dozen bakery and chocolate companies have been served notices by the DGGI for allegedly underpaying GST from July 2017 to March 2023.
Vodafone Idea Faces Rs 15.19 Crore GST Demand and Rs 1.51 Crore Penalty
30 August 2024 at 09:23The GST office in Patna has ordered debt-ridden Vodafone Idea (VIL) to pay Rs 15.19 crore in taxes, along with a penalty of Rs 1.51 crore, for allegedly availing input tax credit (ITC) it was not eligible for during FY 2019-20 and 2020-21.
ICAI Reprimands CA for Circulating Defamatory Messages Against GST Officer on WhatsApp
29 August 2024 at 13:57The ICAI concludes an investigation into CA Anil Thakur under Section 21A(3) of the Chartered Accountants Act, 1949, after GST officer Shri Golden Jain accused him of spreading defamatory messages on a private WhatsApp group.
GST Department Slaps Yes Bank with Rs 24 Lakh Penalty
29 August 2024 at 09:14The Yes Bank has been penalized by the Goods and Services Tax (GST) Department, Maharashtra that raised demand for disallowance of input tax credit (ITC) along with interest and also demand for penalty of Rs. 24,92,978/-.
ICICI Prudential Receives Rs 429 Crore GST Demand Notice for FY 2020
29 August 2024 at 09:13Maharashtra Deputy Commissioner of State Tax has issued a GST demand notice of Rs 429 crore to ICICI Prudential on Tuesday disclosed the company on the stock exchange on Wednesday.
GST Council to Review Rate Rationalization on 9th September, Final Decision Pending: FM Sitharaman
28 August 2024 at 14:48A detailed rate rationalization proposal will be discussed at the September 9 Council meeting, with further deliberations anticipated by the end of September.
Fake CA Defrauds Businessman of Rs 1.3 Crore in GST Scam
28 August 2024 at 09:00Aftab Memon, a man impersonating a Chartered Accountant, was arrested on Friday for defrauding a South Mumbai businessman of Rs 1.3 crore.
Trade Bodies Urge GST Act and Rule Simplification Ahead of GST Council Meeting
28 August 2024 at 08:59The Agro Food Chamber of Commerce and Industry has called for an urgent simplification of the Goods and Services Tax (GST) Act and rules, highlighting the need to prioritize this issue in the upcoming GST Council meeting.
GoM Defers GST Slab Changes, Focuses on Rate Review Across Sectors
27 August 2024 at 09:00GoM on GST rate rationalisation, led by Bihar Deputy Chief Minister Samrat Chaudhary, has postponed plans to restructure the tax slabs but is actively reviewing GST rates across various categories.
Popular News
- Tax Audit Extension Demand to 31st Oct 2026 Amid GST Relief and Court Rulings
- Central Excise Duty Revised to Rs 2.5 and Rs 8.5 Per Litre from 16th October 2026
- ICAI Issues New Tender Guidelines for Practising CAs, Bars Bids Without Minimum Fees
- CBDT Revises Form 161 for Penalty Waiver Applications Under Income Tax Act 2025
- TDS Challan for FY 2025-26 Valid for TY 2026-27 Under Cross-Year Utilisation Rules
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
