In a recent update issued by the GSTN on October 4, 2024, businesses and taxpayers in Punjab and Uttarakhand can now conveniently make GST payments using UPI, Debit, and Credit Cards.
The Directorate General of Goods and Services Tax Intelligence (DGGI) has issued more than 300 show-cause notices to promoters, directors, and senior management of various companies for allegedly wrongfully availing Input Tax Credit (ITC).
Guidance for Accurate Entry of RR No./Parcel Way Bill (PWB) Numbers following the Integration of E-Way Bill (EWB) with Parcel Management System (PMS)
The Central Board of Indirect Taxes and Customs (CBIC), via Instruction No. 04/2024-GST dated October 4, 2024, has announced significant systemic improvements to streamline the mapping and de-mapping of officers on the GSTN portal.
On October 3, 2024, the Supreme Court ruled that buildings essential for supplying services such as renting may qualify for the "plant" exception under Section 17(5)(d) of the Central Goods and Services Tax (CGST) Act.
From April 1, 2025, the anti-profiteering mechanism under the Goods and Services Tax (GST) regime will cease to operate, marking a significant change for businesses and consumers.
GST revenue growth rate slowed to 6.5% in September, with collections totalling Rs 1.73 lakh crore, according to government data released on Tuesday.
The Excise and Taxation Department of Himachal Pradesh is investigating over 150 agencies registered under fraudulent means, as part of a nationwide crackdown on fake GST registrations.
The DGGI has uncovered significant GST violations by insurance companies, revealing that many have failed to pay GST on services provided to employees in Special Economic Zone (SEZ) units.
The Directorate General of GST Intelligence (DGGI) has been investigating Infosys since 2020 in connection with tax evasion allegations related to the import of services from its branch offices abroad.
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