AI-generated GST evasion notices stir human versus machine debate
As sectors such as online gaming, insurance and airlines, among others, grapple with a flurry of notices over evasion of Goods […]
GST Recent News
GST Recent News
Govt does not have data on GST collected from online gaming apps: MoS Finance in Lok Sabha
Lok Sabha Member of Parliament (MP) and popular actor Deepak Adhikari, listed a series of questions regarding Goods and Services
GST Law, Important Pronouncements
Director is not liable for payment of tax amount when it is not determinable that the Company is unable to pay the tax amount during liquidation proceedings
The Hon’ble Madras High Court in the case of K. Malathi v. State Tax Officer & Anr. [W.P.No.19728 of 2020
GST Recent News
MRP includes GST, consumers must not pay any additional charges: MoS Finance Pankaj Singh in Lok Sabha
Minister of State in the Ministry of Finance Pankaj Singh categorically stated in the Parliament on Monday that maximum retail
News
BIG NEWS: Centre withdraws 3 New Criminal Law Bills, to Introduce afresh as per Parliamentary Panel’s Recommendations
The government has decided to withdraw the three bills that aim to replace existing criminal laws and introduce them afresh
MSME, Press Release, Press Release
Contribution of MSMEs to the country’s Gross Domestic Product (GDP)
As per the latest information received from the Ministry of Statistics & Programme Implementation, the share of MSME Gross Value
Advance Ruling-New, GST Law
12% GST applicable on job work done on goods owned by other registered persons under GST
The AAR, Gujarat in Shree Avani Pharma [Advance Ruling No. GUJ/GAAR/R/2023/32 dated November 03, 2023] ruled that, service of job
GST Law, Press Release, Press Release
Tax evasion by lottery distributors; 12 cases of GST evasion of Rs. 344.57 crore detected and Rs. 621.56 crore recovered against lottery distributors between July, 2017 to November 2023
A reference was received from the Ministry of Home Affairs (MHA) for comments regarding disbursement of prize amount of lotteries
GST Recent News, Income Tax
Government to stick to Rs 33.61 lakh crore tax collection target in revised estimate, no case for fuel tax cut: Official
The government is likely to stick to the budgeted estimate of total tax collection target of Rs 33.61 lakh. crore
GST Law, GST Portal Updates, GST Portal Updates, Important News
IMPORTANT GST ANNUAL RETURN UPDATE: Table 8A (ITC Details) for GSTR-9 FY 2022-2023 has started downloading from today i.e. December 11, 2023
GST Annual Return update: TABLE 8A (ITC Details) for GSTR-9 Financial Year 2022-2023 has started downloading from today i.e. December