GST an engine for driving consumption, helped households save on monthly bills: Govt
Goods and Services Tax (GST) has acted as an engine for driving domestic consumption and helped households save on monthly […]
GST Recent News
Income Tax News, News
Rs 40 crore I-T refund scam busted in Hyderabad, 8 consultants under scanner
The income tax department has unearthed a Rs 40 crore tax refund scam. Eight tax consultants, many employees of railways
GST Recent News
6 years of GST: Rs 1.5 trillion monthly tax revenues becomes ‘new normal’, focus on curbing tax evasion
Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of
GST Law, GST Portal Updates, GST Portal Updates, Important News
GSTN issued Important advisory on Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B)
The Goods and Service Tax Network (“GSTN”) has issued an Advisory dated June 29, 2023 on Online Compliance Pertaining to
GST Recent News
Active GST taxpayers in Gujarat grew by 124% in six years
After the rollout of the goods and services tax (GST) six years ago, the number of new taxpayers has jumped.
GST Recent News
ITC can’t be denied under GST even when post-supply discounts received: AAR
Input tax credit would not be denied under the goods and services tax (GST) system even when a company receives
GST Law, Important Pronouncements
Refund on account of export cannot be withheld merely on the ground that Revenue intends to file appeal
The Hon’ble Delhi High Court in Alex Tour and Travel Pvt. Ltd. v. Assistant Commissioner, CGST [W.P.(C) NO. 5722 OF
GST Recent News
Automobile industry seeks 5% GST for 2-wheelers running on flex fuel, official says
The automobile industry has sought 5% GST on two-wheelers running on flex fuel, at par with those powered by electric
GST Law, Important Pronouncements
Guidelines for determining discrepancies arising on tax calculation on pre-GST contracts
The Hon’ble Karnataka High Court in Sri Chandrashekaraiah v. State of Karnataka [WP no. 9721 of 2019(T-RES) dated April 11,
GST Recent News
Tata Sons challenges Rs 1,500 crore GST claim on $1.27 billion Docomo settlement
Tata Sons has challenged a Rs 1,500 crore tax claim by the GST department on the $1.27 billion settlement it