CAclubindia News

GST Council Takes a Cautious Approach to Key Issues, Says Ajay Seth

24 December 2024 at 09:17

Economic Affairs and Revenue Secretary Ajay Seth, on Sunday, December 22, shed light on the GST Council's cautious stance on several complex issues discussed during its recent meeting.

Posted in GST | 78 Views

GST Council Clarifies Taxation on Popcorn, No Change in Existing Rates

24 December 2024 at 09:14

The GST Council, during its 55th meeting on Saturday, clarified the taxation rules for popcorn, reaffirming that there would be no change in the existing rates...

Posted in GST | 87 Views

GSTN Issues Advisory for Entry of Receipt Numbers Pertaining to Leased Wagons in the E-Way Bill System

24 December 2024 at 09:10

Guidelines for Accurate Entry of Receipt Numbers in the E-Way Bill (EWB) System for Leased Wagons

Posted in GST | 78 Views

55th GST Council Meet Resolves ITC & Late Fee Ambiguities via Circulars

23 December 2024 at 09:19

Issuance of clarifications through the circulars to remove ambiguity and legal disputes in certain issues

Posted in GST | 10569 Views

55th GST Council Meet: Old Vehicle Sales Tax Raised to 18%

23 December 2024 at 09:18

GST Rate Hike to 18% on Sale of Old and Used Vehicles, Including EVs

Posted in GST | 1 comments | 2451 Views

Maharashtra Legislative Council Passes GST Amendment Bill 2024

23 December 2024 at 09:16

On December 19, 2024, the Maharashtra Legislative Council passed the Maharashtra Goods and Services Tax (Amendment) Bill, following its approval in the state assembly.

Posted in GST | 315 Views

GST Notices to Property Developers Spark Confusion Over Rs 3,500 Crore ITC Claims

23 December 2024 at 09:15

Developers receive notices for ITC claimsSeveral real estate developers have received show-cause notices from the Goods and Services Tax (GST) authorities regarding input tax credit (ITC) claims worth an estimated ₹3,500 crore.

Posted in GST | 1782 Views

Lavish Indian Weddings Under Income Tax Scanner for Unaccounted Cash Use

23 December 2024 at 09:15

Extravagant Weddings Under ScrutinyLavish Indian weddings, often featuring Bollywood celebrities and elaborate arrangements costing crores, are now a target for the Income Tax department.

Posted in GST | 360 Views

55th GST Council Meeting: Key Highlights

22 December 2024 at 12:32

Recommendations of the 55th Meeting of the GST Council

Posted in GST | 5619 Views

55th GST Council Meet to Review Rate Rationalisation and Taxability of Delivery Apps

21 December 2024 at 07:07

The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, is set to address several critical issues in its meeting scheduled for December 21, 2024, in Jaisalmer.

Posted in GST | 627 Views