GST News
Aerated Beverage Industry Opposes GST Hike, Cites Growth Challenges
07 December 2024 at 09:06The Indian Beverage Association (IBA) has raised concerns over the current 40% GST levied on aerated beverages, calling it a significant bottleneck for the industry's growth.
Apparel Industry Opposes Proposed GST Hike by GoM, Warns of Growth Setbacks
07 December 2024 at 08:59As the GST Council prepares to deliberate on recommendations from the Group of Ministers (GoM) on rate rationalization, the proposed hike in GST rates on readymade garments has stirred significant apprehension within the apparel industry.
61 Kg Silver Seized in Jharkhand, GST Evasion Probe Underway
07 December 2024 at 08:59The Government Railway Police (GRP) in Rourkela has seized approximately 61 kilograms of silver from a Jharkhand man, triggering a State GST inquiry into potential tax evasion.
Rajkot Businessman Arrested for Alleged Rs 186 Crore GST Scam
07 December 2024 at 08:58The Goods and Services Tax (GST) department has arrested Pragnesh Kantaria, the alleged mastermind behind a massive ₹186 crore GST scam.
CBIC Amends Circular on Adjudication of DGGI Cases Under GST
05 December 2024 at 09:09The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 239/33/2024-GST, dated December 4, 2024, revising key provisions regarding the adjudication of show cause notices issued by officers of the DGGI.
CBIC Announces Central Excise (Amendment) Rules, 2024
05 December 2024 at 09:08In a significant update, the Ministry of Finance issued Notification No. 01/2024-Central Excise (N.T.) on December 3, 2024, amending key provisions of the Central Excise Rules, 2017.
GST Evasion Cases in Gujarat: Over 12800 Cases Booked, 101 Arrests in 4 Years
05 December 2024 at 09:06Central tax authorities have intensified efforts to combat Goods and Services Tax (GST) evasion in Gujarat, with Finance Minister Nirmala Sitharaman revealing significant enforcement actions in the Rajya Sabha on Tuesday.
GSTN Issues Advisory on Mandatory Sequential Filing of GSTR-7 Returns
05 December 2024 at 09:04Advisory on Mandatory Sequential Filing of GSTR-7 Returns as per Notification No. 17/2024
CBIC Clarifies: Media Reports on GST Rate Changes Are Premature and Speculative
04 December 2024 at 09:03GST Council has neither received nor deliberated on any recommendations from the GoM. Until the GoM submits its report, and the Council discusses and makes decisions, any reports regarding GST rate changes remain speculative and without an official basis.
FM Sitharaman Signals Possible GST Reduction on Life and Health Insurance Premiums
04 December 2024 at 08:49Finance Minister Nirmala Sitharaman has suggested that a reduction in the GST on life and health insurance premiums could lead to lower costs for policyholders.
Popular News
- CBDT Notifies NaBFID 10-Year Zero Coupon Bond Under Income Tax Act, 2025
- CBDT Notifies TDS Exemption for Specified Payments to IFSC Units Under Income Tax Act 2025
- CBDT Notifies Cost Inflation Index (CII) for FY 2026-27 Under Income Tax Act, 2025
- Social Protection Fund Notified as Specified Person Under IT Act 2025 for Tax-Exempt Investments in India
- CBDT Authorises DGIT (Systems) to Upload Global Financial Information in AIS Under Income Tax Act, 2025
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
