CAclubindia News

54th GST Council Meet Approves B2C e-Invoicing Pilot for Retail Efficiency

10 September 2024 at 09:06

The 54th GST Council Meet recommended rollout of a pilot for B2C e-Invoicing, following the successful implementation of e-invoicing in the B2B sector.

Posted in GST | 4206 Views

54th GST Council Meeting: Key Highlights

09 September 2024 at 21:50

Recommendations during 54th meeting of the GST Council

Posted in GST | 6618 Views

Payment Firms Hit with GST Demand for Transactions Under Rs 2000: Report

09 September 2024 at 09:15

Various payment vendors including BillDesk and CCAvenue have been issued GST demand notice relating to the fee charged to merchants for digital transactions of less than Rs 2000 as per a certain report on 7th September.

Posted in GST | 3795 Views

FM Urges Industry to Leverage PLI Schemes for Accelerated Investments

09 September 2024 at 09:12

Finance Minister Nirmala Sitharaman, addressing the Southern India Chamber of Commerce and Industry in Chennai on Thursday, called on Indian industries to invest in expanding their capacity to meet India's growing needs.

Posted in GST | 1704 Views

Lower GST on Insurance May Not Benefit Buyers, Experts Warn

09 September 2024 at 09:10

States have been asked to proceed with the implementation of the measures to cut GST on health and life insurance; however, there is now a worry that, without an anti-profiteering authority to oversee it, insurers may not pass the savings from the lo

Posted in GST | 633 Views

Ahmedabad Businessman Denied Bail in Rs 175.93 Crore GST Refund Scam

09 September 2024 at 09:08

In a significant development, the Ahmedabad Sessions Court has rejected the bail plea of 43-year-old businessman Anilkumar Babulal Runthala, arrested for his alleged involvement in a Rs 175.93 crore GST refund scam.

Posted in GST | 2061 Views

ICAI Reopens Online Filing for November 2024 CA Exam Applications

08 September 2024 at 10:44

RE-OPENING OF ONLINE FILLING OF EXAMINATION APPLICATION FORM FOR CHARTERED ACCOUNTANTS EXAMINATIONS, NOVEMBER 2024

Posted in Students | 1 comments | 2292 Views

54th GST Council Meet to Discuss Extending E-Invoicing Mandate to B2C Transactions

07 September 2024 at 09:06

Introducing massive change for business on aggregate across India, the GST Council is all set to talk about the expansion of e-invoicing norms to business-to-consumer (B2C) sales in the GST Council meeting on Monday.

Posted in GST | 5370 Views

FM Sitharaman: No Centre-State Friction on GST, Federal Structure Must Be Respected

07 September 2024 at 09:06

Union Finance Minister Nirmala Sitharaman has dismissed claims of "friction" between the Centre and states over Goods and Services Tax (GST), emphasizing the importance of respecting India's federal structure in economic reforms.

Posted in GST | 2010 Views

New GST Filing Rules to Boost Transparency and Efficiency, Experts Highlight Key Changes

07 September 2024 at 09:04

The recent changes to GST return filing rules, as per Notification No. 12/2024 – Central Tax, dated July 10, 2024, are set to simplify the tax filing process for businesses and enhance transparency.

Posted in GST | 2250 Views