CAclubindia News


GST Council Clarifies Taxation on Popcorn, No Change in Existing Rates

   24 December 2024 at 09:14

The GST Council, during its 55th meeting on Saturday, clarified the taxation rules for popcorn, reaffirming that there would be no change in the existing rates...

Posted in GST |   3237 Views


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 |   1713 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 |   18270 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 |   3432 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 |   555 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 |   2391 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 |   651 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 |   10401 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 |   1062 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 |   2985 Views