GST News

GST Council Warns Businesses Against Scams with New Advisory

22 December 2023 at 07:10

A recent advisory, aptly named the "GST Fraud Advisory," serves as a stern warning to GST-registered businessmen

Posted in GST | 2076 Views

GST Council Contemplates Raising Registration Threshold to Rs 60 Lakh: FM Sitharaman

22 December 2023 at 07:09

In a comprehensive discussion held in the Rajya Sabha on Wednesday, Finance Minister Nirmala Sitharaman responded to Parliamentarians' queries and suggestions, notably addressing the proposed Central Goods and Services Tax (Second Amendment) Bill, 2023.

Posted in GST | 9426 Views

Trader held for Rs 68 crore GST evasion

22 December 2023 at 07:08

CGST's Preventive Department in Rajkot Nabs Brass and Copper Scrap Trader in Jamnagar for Alleged Rs 67.72 Crore Tax Evasion

Posted in GST | 2838 Views

Deadline Extended for GSTR-3B Filing in Specific Tamil Nadu Districts for Nov 2023

21 December 2023 at 07:03

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 55/2023 – Central Tax dated December 20, 2023, announcing an extension for the filing of FORM GSTR-3B for November 2023.

Posted in GST | 8478 Views

FM Affirms Prospective Implementation of Valuation Rules for GST on E-Gaming Platforms

21 December 2023 at 07:00

Finance Minister Nirmala Sitharaman addressed the Lok Sabha on Tuesday, providing clarity on the application of the 28% Goods and Services Tax (GST) on entry-level bets on online gaming platforms.

Posted in GST | 3720 Views

Uttarakhand GST Department files 3,500-page charge sheet in illegal timber trade case

21 December 2023 at 06:58

The Special Investigation Bureau (SIB) of the Uttarakhand GST department has recently filed a comprehensive 3,500-page charge sheet against Shahnawaz Hussain, the alleged mastermind behind a large-scale illegal timber trade operation.

Posted in GST | 2490 Views

Taxpayers Granted Option to Shift Cases to GST Tribunal for Swift Resolutions

20 December 2023 at 14:54

FM Nirmala Sitharaman addressed the Lok Sabha on December 19, 2023, shedding light on crucial amendments to the central Goods and Services Tax (GST) law and related bills.

Posted in GST | 2496 Views

UltraTech Cement Receives GST Demands and Penalties Exceeding Rs 20 Lakh

20 December 2023 at 14:51

UltraTech Cement Faces GST Challenges: Receives Orders Totaling Rs 18.3 Crore in Demand, Interest and Penalties

Posted in GST | 2697 Views

Government Exceeds Tax Target With Strong Direct Tax, GST

20 December 2023 at 09:45

Government is on track to exceed its total tax collection target for the current financial year, with direct tax and GST collection data suggesting potential it is more than enough

Posted in GST | 1998 Views