GST News

CBIC Issues Clarification on Implementation of Section 16(5) & 16(6) of CGST Act 2017

16 October 2024 at 09:11

The Central Board of Indirect Taxes and Customs (CBIC) has issued a significant clarification concerning the implementation of sub-section (5) and sub-section (6) of Section 16 of the Central Goods and Services Tax (CGST) Act, 2017.

Posted in GST | 1 comments | 4968 Views

CBIC Issues Clarification of various doubts related to Section 128A of the CGST Act 2017

16 October 2024 at 09:06

The Central Board of Indirect Taxes and Customs (CBIC) has issued an important clarification regarding various doubts related to Section 128A of the Central Goods and Services Tax (CGST) Act, 2017.

Posted in GST | 1 comments | 2841 Views

New 'GSTN e-Services' App Launches on Play Store to Simplify GST Transaction Tracking for Traders and Businesses

16 October 2024 at 09:05

The Goods and Services Tax Network (GSTN) has introduced a new 'GSTN e-Services' app, now available on the Play Store, aimed at simplifying tax compliance for traders, businesspersons, and merchants.

Posted in GST | 2199 Views

Carmakers Face Rs 10,000 Crore GST Compensation Cess Notices for Utility Vehicles

16 October 2024 at 09:04

Several top automakers, including Mahindra, Tata Motors, Hyundai, and Maruti, have received tax notices for unpaid compensation cess on utility vehicles sold prior to 2022.

Posted in GST | 816 Views

DGGI Nears Completion of Pre-GST Tax Evasion Probes, to Disband Dedicated Unit Soon

16 October 2024 at 09:03

The Directorate General of GST Intelligence (DGGI) is set to wrap up its investigations into pre-GST tax evasion cases, which predominantly pertain to service tax and central excise.

Posted in GST | 645 Views

CBIC Urges App-Based Ride-Hailing Firms to Clarify GST Applicability on Booked Rides

16 October 2024 at 09:03

The Central Board of Indirect Taxes & Customs (CBIC) has given app-based ride-hailing companies one week to submit their written views regarding the applicability of GST on rides booked through their platforms.

Posted in GST | 678 Views

GST Portal Introduces Auto-Populated ITC in GSTR-9 for FY 2023-24

15 October 2024 at 15:19

Starting FY 2023-24, GST system will auto-populate eligible ITC for domestic supplies (excluding reverse charge and imports ITC) from table 3(I) of GSTR-2B to table 8A of GSTR-9.

Posted in GST | 1770 Views

Central GST Officer Arrested for Accepting Rs 1.25 Lakh Bribe in Gujarat

15 October 2024 at 08:59

The Gujarat Anti-Corruption Bureau (ACB) caught a Central GST officer, Mohammad Rizwan Sheikh, red-handed while accepting a bribe of Rs 1.25 lakh on Thursday.

Posted in GST | 969 Views

GSTN Advisory: IMS Launched for Taxpayers to Streamline ITC Claims

15 October 2024 at 08:51

Invoice Management System (IMS) is made available to taxpayers from 14th Oct 2024.

Posted in GST | 975 Views

CBIC Issues Clarifications on GST Applicability for Specific Services

14 October 2024 at 09:08

The Central Board of Indirect Taxes and Customs (CBIC) has released crucial clarifications on the applicability of Goods and Services Tax (GST) on certain services through Circular No. 234/28/2024-GST

Posted in GST | 9594 Views