GST News
Man Arrested in Rs 10,000 Crore GST Fraud Case for Creating Bogus Firms
29 June 2024 at 09:00Authorities have apprehended a 31-year-old man, Babar Khan, accused of orchestrating a massive Goods and Services Tax (GST) fraud worth Rs 10,000 crore.
CBIC to Launch Automated Currency Exchange Rates System on 4th July
29 June 2024 at 09:00The Central Board of Indirect Taxes and Customs (CBIC) announced the launch of the automated system for publishing currency exchange rates, set to go live on July 4.
GST Payments Now Available via HDFC Bank Payment Gateway
28 June 2024 at 08:58GSTN reveals that GST payments can now be made through the HDFC Bank payment gateway, allowing for transactions via UPI, debit cards, and credit cards
Good News for Taxpayers: GSTN Increases Document Size Limits for Clearer Attachments
27 June 2024 at 16:13The Goods and Services Tax Network (GSTN) has brought great news for taxpayers by increasing the document size limit for certain attachments.
CBIC Clarifies GST Laws with 16 New Circulars Issued on 26th June 2024 for Enhanced Compliance
27 June 2024 at 16:10CBIC issued 16 crucial circulars dated 26th June 2024 under the Goods and Services Tax (GST) regime, aimed at clarifying various aspects of the tax law and ensuring smoother compliance.
GST Council Proposal: Gaming Companies Set to Gain from Rs 1 Lakh Crore Retro Tax Waiver
27 June 2024 at 09:08The Goods and Services Tax (GST) Council's recent recommendation to introduce an amendment allowing the government to overrule retrospective tax demands has sparked hope among India's cash-rich real money gaming (RMG) companies
Tamil Nadu, UP and Maharashtra Lead in Monthly GST Return Filing
27 June 2024 at 09:00Uttar Pradesh, Tamil Nadu, and Maharashtra have emerged as frontrunners in filing GST returns on a monthly basis, highlighting their economic prowess, according to data from GSTN, the company processing tax returns.
General Insurance Sector Receives Rs 18K Crore Relief as GST Council Drops Tax Demand
27 June 2024 at 08:59In a significant move ahead of the Union Budget, the general insurance sector has received a substantial relief amounting to over Rs 18,000 crore.
GST Council to Reconstitute 3 GoMs as 11 New State Ministers Join
26 June 2024 at 08:54On Saturday, the 53rd GST Council meeting marked a significant shift as 11 new ministers from states including Andhra Pradesh, Bihar, Chhattisgarh, Haryana, Madhya Pradesh, Mizoram, Odisha, Rajasthan, Sikkim, Telangana, and Tripura joined the council.
Maruti Suzuki Faces Rs 5.4 Crore GST Demand Notice
25 June 2024 at 09:00Maruti Suzuki India Limited (MSIL), the nation's largest car manufacturer, has been issued a Goods and Services Tax (GST) demand notice amounting to Rs 5.4 crore
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