In a recent development, mining giant Vedanta has been slapped with a hefty penalty of Rs 3.48 crore by the Office of the Additional Commissioner, GST & Central Excise Commissionerate, Rourkela.
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.
GST Council is gearing up to reevaluate exempting reinsurance business from GST.
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.
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.
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.
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.
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.
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.
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.
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