CAclubindia News

GSTN Issues Advisory for Entry of Receipt Numbers Pertaining to Leased Wagons in the E-Way Bill System

24 December 2024 at 09:10

Guidelines for Accurate Entry of Receipt Numbers in the E-Way Bill (EWB) System for Leased Wagons

Posted in GST | 1728 Views

55th GST Council Meet Resolves ITC & Late Fee Ambiguities via Circulars

23 December 2024 at 09:19

Issuance of clarifications through the circulars to remove ambiguity and legal disputes in certain issues

Posted in GST | 1 comments | 18393 Views

55th GST Council Meet: Old Vehicle Sales Tax Raised to 18%

23 December 2024 at 09:18

GST Rate Hike to 18% on Sale of Old and Used Vehicles, Including EVs

Posted in GST | 3486 Views

Maharashtra Legislative Council Passes GST Amendment Bill 2024

23 December 2024 at 09:16

On December 19, 2024, the Maharashtra Legislative Council passed the Maharashtra Goods and Services Tax (Amendment) Bill, following its approval in the state assembly.

Posted in GST | 597 Views

GST Notices to Property Developers Spark Confusion Over Rs 3,500 Crore ITC Claims

23 December 2024 at 09:15

Developers receive notices for ITC claimsSeveral real estate developers have received show-cause notices from the Goods and Services Tax (GST) authorities regarding input tax credit (ITC) claims worth an estimated ₹3,500 crore.

Posted in GST | 2460 Views

Lavish Indian Weddings Under Income Tax Scanner for Unaccounted Cash Use

23 December 2024 at 09:15

Extravagant Weddings Under ScrutinyLavish Indian weddings, often featuring Bollywood celebrities and elaborate arrangements costing crores, are now a target for the Income Tax department.

Posted in GST | 729 Views

55th GST Council Meeting: Key Highlights

22 December 2024 at 12:32

Recommendations of the 55th Meeting of the GST Council

Posted in GST | 11835 Views

55th GST Council Meet to Review Rate Rationalisation and Taxability of Delivery Apps

21 December 2024 at 07:07

The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, is set to address several critical issues in its meeting scheduled for December 21, 2024, in Jaisalmer.

Posted in GST | 1098 Views

Maharashtra Govt Launches GST Amnesty Scheme, Waives Rs 27,000 Crore in Interest and Penalties

21 December 2024 at 07:07

The Maharashtra government has announced a GST Amnesty Scheme to waive interest and penalties on pending liabilities for the fiscal years 2017 to 2020.

Posted in GST | 1 comments | 3039 Views

Income Tax Department Withdraws Erroneous Notices for Correctly Filed ITRs

21 December 2024 at 07:07

In a recent announcement, the Income Tax Department has acknowledged and withdrawn defective return notices mistakenly issued to taxpayers who had accurately filed their Income Tax Returns (ITRs) for the Assessment Year 2024-25.

Posted in Income Tax | 4224 Views