Kerala GST’s biggest catch yet, man held for Rs 126-crore evasion
The Kerala GST intelligence wing has arrested the director of a Thrissur-based multi-level marketing (MLM) company for alleged tax evasion […]
GST Recent News
GST Recent News
CBIC issues 33,000 notices for GST return discrepancies in FY18, FY19
Central tax officers have sent around 33,000 GST notices to businesses for discrepancies in returns filed and short payment of
Advance Ruling-New, GST Law
Central AC Plant, Lift, Electrical Fittings, etc., were categorized as immovable property, ineligible for GST ITC
The AAAR, Gujarat in the case of In Re: M/s. The Varachha Co-Op. Bank Ltd. [GUJ/GAAAR/APPEAL/2023/05 dated October 04, 2023]
Important News, Income Tax
Income Tax Department Launches User-Friendly Calculator for AY 2024-25, Facilitating Easy Comparison of Tax Liabilities in Old and New Regimes
The Income Tax Department has introduced a user-friendly calculator for the Assessment Year 2024-25 (Financial Year 2023-24). Accessible at: https://incometaxindia.gov.in/Pages/tools/115bac-tax-calculator-finance-act-2023.aspx,
GST Recent News
No offshore gambling companies registered under new GST law so far: Govt in Rajya Sabha
The Ministry of Finance informed Parliament on December 05, 2023 that not even a single offshore gambling and betting website
GST Recent News
Dream11 withdraws plea in Bombay HC challenging Rs 1221 crore GST show cause notice
Fantasy sports platform Dream 11 has withdrawn its plea before the Bombay High Court challenging the GST show cause notice
DGFT, Notification And Circular, Notification and Circular
DGFT notified the Export of Non-Basmati White Rice (under ITC-HS Code 10063090) to Comoros, Madagascar, Equatorial Guinea, Egypt and Kenya through NCEL
The DGFT issued Notification No. 48/2023 dated December 07, 2023, notified the Export of Non-Basmati White Rice (under ITC-HS Code
YouTube Video
🚨 MUST Watch 🔰 Important video on: “Penalty for delay-in GST Payment reduced from Rs. 56 lakh to Rs. 10,000″ || CA (Adv) Bimal Jain
🔰Important video on: “Penalty for delay-in GST Payment reduced from Rs. 56 lakh to Rs. 10,000″ || CA (Adv) Bimal
GST Law, ICMAI, Important News
ICMAI releases important Guidance Note on Preparation and Filing of Form GSTR-9 and 9C
The Institute of Cost Accountants of India (ICMAI) has released an important guidance note on the preparation and filing of
GST Recent News
Insurers battle GST demands over unpaid tax, show cause notices worth Rs 7,000 crore served
The taxman and the insurance companies are heading for a showdown over GST dues. Analysts anticipate litigations over a host