GST News

Zomato Receives Rs 9.45 Crore GST Demand Notice

02 July 2024 at 09:05

Zomato Ltd., the popular food delivery provider, has been issued a Goods and Services Tax (GST) demand notice amounting to ₹9.45 crore by the Assistant Commissioner of Commercial Taxes (Audit) in Karnataka, the company disclosed in a BSE exchange filing.

Posted in GST | 855 Views

GST Implementation Leads to 134% Increase in New Taxpayers Over 7 Years

01 July 2024 at 09:01

Since the introduction of the Goods and Services Tax (GST) seven years ago, there has been a remarkable 134% increase in the number of new taxpayer

Posted in GST | 2829 Views

Man Arrested in Rs 10,000 Crore GST Fraud Case for Creating Bogus Firms

29 June 2024 at 09:00

Authorities have apprehended a 31-year-old man, Babar Khan, accused of orchestrating a massive Goods and Services Tax (GST) fraud worth Rs 10,000 crore.

Posted in GST | 1860 Views

CBIC to Launch Automated Currency Exchange Rates System on 4th July

29 June 2024 at 09:00

The Central Board of Indirect Taxes and Customs (CBIC) announced the launch of the automated system for publishing currency exchange rates, set to go live on July 4.

Posted in GST | 3585 Views

GST Payments Now Available via HDFC Bank Payment Gateway

28 June 2024 at 08:58

GSTN reveals that GST payments can now be made through the HDFC Bank payment gateway, allowing for transactions via UPI, debit cards, and credit cards

Posted in GST | 2043 Views

Good News for Taxpayers: GSTN Increases Document Size Limits for Clearer Attachments

27 June 2024 at 16:13

The Goods and Services Tax Network (GSTN) has brought great news for taxpayers by increasing the document size limit for certain attachments.

Posted in GST | 7065 Views

CBIC Clarifies GST Laws with 16 New Circulars Issued on 26th June 2024 for Enhanced Compliance

27 June 2024 at 16:10

CBIC issued 16 crucial circulars dated 26th June 2024 under the Goods and Services Tax (GST) regime, aimed at clarifying various aspects of the tax law and ensuring smoother compliance.

Posted in GST | 9741 Views

GST Council Proposal: Gaming Companies Set to Gain from Rs 1 Lakh Crore Retro Tax Waiver

27 June 2024 at 09:08

The Goods and Services Tax (GST) Council's recent recommendation to introduce an amendment allowing the government to overrule retrospective tax demands has sparked hope among India's cash-rich real money gaming (RMG) companies

Posted in GST | 3042 Views

Tamil Nadu, UP and Maharashtra Lead in Monthly GST Return Filing

27 June 2024 at 09:00

Uttar Pradesh, Tamil Nadu, and Maharashtra have emerged as frontrunners in filing GST returns on a monthly basis, highlighting their economic prowess, according to data from GSTN, the company processing tax returns.

Posted in GST | 2148 Views