GST News

E-Way Bills Touch Second-Highest Level in Two Years, Indicating Economic Momentum

14 January 2025 at 08:00

E-way bill generation by businesses in India reached its second-highest level in December 2024, marking a robust 17.6% year-on-year growth.

Posted in GST | 534 Views

Gang of Fake Income Tax Officers Busted in Gujarat, Mastermind a GST Inspector

14 January 2025 at 08:00

In a dramatic turn of events, police in Dahod, Gujarat, have busted a gang of seven individuals who posed as Income Tax officers to extort money from a businessman in Sukhsar village.

Posted in GST | 828 Views

Tax Professionals Urge Govt to Enhance GST IMS for Better Compliance

14 January 2025 at 08:00

The body of tax professionals has called on the government to make the recently introduced Invoice Management System (IMS) on the Goods and Services Tax (GST) portal more user-friendly.

Posted in GST | 534 Views

Kerala GST Department Introduces Common Adjudicating Authority for Multiple Show Cause Notices

13 January 2025 at 08:46

The Kerala GST department has announced a major relief for taxpayers dealing with multiple GST show cause notices (SCNs) issued across different districts.

Posted in GST | 342 Views

Garment Trade Associations Unite to Urge GoM Against GST Rate Revision

13 January 2025 at 08:46

In a landmark meeting, the CMAI, along with 14 prominent garment trade associations across India, joined forces under the banner of "One Industry, One Voice" to address pressing challenges facing the garment sector.

Posted in GST | 279 Views

GSTR-5, GSTR-6, GSTR-7 & GSTR-8 Filing Deadlines for Dec 2024 Extended

11 January 2025 at 08:58

In a series of notifications issued on January 10, 2025, the Central Board of Indirect Taxes and Customs (CBIC) announced extensions for various Goods and Services Tax (GST) compliance deadlines for the month of December 2024.

Posted in GST | 6801 Views

GSTR-1 & GSTR-3B Filing Deadlines for Dec 2024 Extended

10 January 2025 at 19:31

In a move aimed at easing compliance for taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) has issued two new notifications on January 10, 2025, extending the deadlines for filing key GST returns for the tax period ending Dec 2024

Posted in GST | 35586 Views

CGST Officers Detect Rs 15 Crore GST Evasion, Two Directors Arrested

10 January 2025 at 09:02

In a significant crackdown, the Preventive Wing of the Central Goods and Services Tax (CGST) department uncovered GST evasion of approximately Rs 15 crore through fraudulent Input Tax Credit (ITC) claims.

Posted in GST | 1611 Views

Insurance Industry Advocates GST Rate Reduction on Premiums with ITC Retention

10 January 2025 at 08:59

The insurance industry has submitted its recommendations for potential changes to GST rates to the Insurance Regulatory and Development Authority of India (IRDAI).

Posted in GST | 828 Views