Easy Office

GST News

Zomato Faces Rs 11.81 Crore GST Demand and Penalty Order

   21 April 2024 at 12:12

Food delivery giant Zomato finds itself in the regulatory spotlight after revealing that it has been slapped with a GST demand and penalty order totaling Rs 11.81 crore.

Posted in GST |   81 Views

GST Council Considers Exempting Reinsurance from GST

   20 April 2024 at 07:49

GST Council is gearing up to reevaluate exempting reinsurance business from GST.

Posted in GST |   2001 Views

Vedanta faces Rs. 27.97 crore GST Penalty Order

   18 April 2024 at 08:53

In a recent development, mining conglomerate Vedanta Ltd disclosed on Tuesday, April 16, that it has been slapped with a hefty Goods and Services Tax (GST) penalty amounting to ₹27.97 crore.

Posted in GST |   402 Views

Apollo Tyres Faces Rs 2.06 Crore Tax Demand and GST Penalty

   18 April 2024 at 08:52

Apollo Tyres Ltd disclosed that it has been served with a tax demand and penalty amounting to Rs 2.06 crore by the GST authority in Tamil Nadu. The issue mainly revolves around the company's utilization of ITC and other related matters.

Posted in GST |   219 Views

Kerala GST Department Guidelines: Issuance of orders u/s 107 and 108 of SGST/CGST/IGST Act

   13 April 2024 at 07:31

The Kerala GST Department has issued a new circular, Circular No: 05/2024 dated April 06, 2024, providing guidelines on the issuance of orders under section 107 and 108 of SGST/CGST/IGST Act related to the numbering of appellate and revisional orders.

Posted in GST |   561 Views

Delhi businessman arrested in GST Fraud Case, Claimed ITC through 35 fake companies

   13 April 2024 at 07:30

On Wednesday, the Sector 20 police arrested Tushar Gupta, a multimillionaire and resident of Tilak Nagar in Delhi, who runs a packaging factory in north-west Delhi.

Posted in GST |   750 Views

ICICI Prudential Faces Rs 20.50 Crore GST Demand for FY 2019

   12 April 2024 at 08:49

ICICI Prudential Life Insurance Company Ltd (ICICI Pru) disclosed on Tuesday, April 9, 2024, that it has been served with a Goods and Services Tax (GST) demand order amounting to Rs 20.50 crore for the financial year 2018-19.

Posted in GST  1 comments |   1941 Views

GSTR-1 Filing Due Date Extended till 12th April 2024

   12 April 2024 at 08:48

GSTN has recommended to CBIC that the due date for filing of GSTR-1 for the monthly taxpayers be extended by a day ie till 12/4/24.

Posted in GST |   4680 Views

Fake GST Bills Worth Rs 13 Crore Generated Using Trader's ID

   11 April 2024 at 09:05

In a startling revelation, it has come to light that two individuals allegedly exploited the GST registration ID and password of a scrap trader to fabricate invoices amounting to a staggering Rs 12.77 crore.

Posted in GST |   471 Views

CBIC Extends Deadline for New Manufacturing Procedure Implementation to 15th May 2024

   11 April 2024 at 09:04

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 08/2024, extending the timeline for the implementation of Notification No. 04/2024.

Posted in GST |   519 Views