Maharashtra GST department slaps tax notices on custodians to FPIs
The Maharashtra Goods and Services Tax (GST) department has sent notices to several banks on the taxability of custodial services
GST Recent News
GST Recent News
Change in GST law needed for benefit of producer states: TS Singh Deo
Legislative changes are needed in the goods and services tax (GST) law to give a higher share of revenue to
Important News, Income Tax, News
Income Tax calendar for December 2023; Check all important deadlines that you should not miss this month
As the year comes to a close, it is essential for all taxpayers to stay aware of the important deadlines
GST Recent News
Tyre maker CEAT Ltd. gets Rs 1.98 crore GST Notice
Tyre maker CEAT Ltd on Thursday said it has received a demand notice of Rs 1.98 crore for GST, along
GST Portal Updates, GST Portal Updates, Important News
Good News; Computation of Input Tax Credit (ITC) updated in GSTR-9
The Annual Return GSTR-9’s Table 8A ITC computation has been updated, incorporating data from suppliers’ GSTR-1/IFF/GSTR-5 filings until 30th November
Central Excise - 2023, News
Government cuts windfall tax on crude petroleum to ₹5,000/tonne, jet fuel price also down
The government announced a decrease in the windfall tax on crude petroleum and jet fuel by ₹1,300 per tonne, effective from December 1,
GST Collection, GST Law, Press Release, Press Release
GST Revenue collection for November 2023, at ₹1,67,929 lakh crore records highest growth rate of 15% YoY
The gross GST revenue collected in the month of November, 2023 is ₹1,67,929 crore out of which CGST is ₹30,420 crore, SGST is ₹38,226
GST Law, GST Portal Updates, GST Portal Updates, Important News
GSTN issued Important advisory on Two-factor Authentication for Taxpayers to strengthen login security in GST portal
The GSTN issued Important Advisory No. 618 dated December 01, 2023 on Two-factor Authentication for Taxpayers to strengthen the login
Notification And Circular, Notification and Circular
CBIC extends exemption from deposits into the Electronic Cash Ledger u/s 51A(4) of the Customs Act till January 19, 2024
The CBIC vide Notification No. 87/2023-Customs (N.T.) dated November 29, 2023, has extended the exemption from deposits into the Electronic Cash
GST Recent News
Higher interest rate by NBFCs in co-lending with banks not subject to GST: FIDC urges CBIC for clarification
The Finance Industry Development Council (FIDC), a non-bank lender body, has urged the Central Board of Indirect Taxes and Customs