GST News

IDBI Bank Faces Rs 2.97 Crore GST Demand Order for Alleged Tax Credit Misuse

08 May 2024 at 09:01

In a recent development, IDBI Bank revealed that it has been slapped with a GST demand order totaling Rs 2.97 crore, inclusive of interest and penalties

Posted in GST | 906 Views

GST Portal Adds Dhanlaxmi Bank, Enables Payment Choices to 27 Banks

08 May 2024 at 08:52

Goods and Services Tax Network (GSTN) has announced the addition of Dhanlaxmi Bank Limited to its roster of banks on the GST Portal.

Posted in GST | 528 Views

GST Boosted State Revenue by 24% Compared to Old Tax Regime: FM Sitharaman

08 May 2024 at 08:51

In a recent statement, Finance Minister Nirmala Sitharaman dispels misconceptions surrounding GST collections, highlighting its substantial contribution to state revenues and its pro-poor nature.

Posted in GST | 504 Views

CBDT Releases Guidelines for Compulsory Scrutiny of Income Tax Returns in FY 2024-25

07 May 2024 at 08:15

The Central Board of Direct Taxes (CBDT) has recently issued comprehensive guidelines regarding the compulsory selection of tax returns for complete scrutiny during the financial year 2024-25.

Posted in GST | 15018 Views

Sanjaya Kumar Mishra appointed as the first President of GSTAT

07 May 2024 at 07:55

FM Nirmala Sitharaman administers Oath of Office to Justice (Retd.) Sanjaya Kumar Mishra as the first President of GSTAT in New Delhi

Posted in GST | 3006 Views

Ram Mandir Visits and Aggressive Capex Drive Propel Uttar Pradesh to Impressive GST Revenue Growth in April

06 May 2024 at 08:48

The inauguration of the Ram Mandir in Ayodhya has emerged as a pivotal catalyst in UP's economic resurgence.

Posted in GST | 2514 Views

Hyderabad Police Arrest 5 GST Officials in Rs 46 Crore Scam

06 May 2024 at 08:47

In a significant development, Hyderabad police have apprehended five GST officials in connection with seven cases of GST refund fraud, amounting to approximately Rs 46 crore.

Posted in GST | 4023 Views

Supreme Court Seeks Details on GST Notices and Arrest

04 May 2024 at 08:59

Supreme Court has directed the Centre to provide comprehensive details regarding the issuance of notices and arrests made under the provisions of GST.

Posted in GST | 1923 Views

Zomato Faces Fresh GST Demand and Penalty Order Over Rs 2 Crore

04 May 2024 at 08:59

The Goods and Services Tax (GST) authorities have issued a fresh demand and penalty order against Zomato, amounting to a staggering Rs 2,22,91,376 in GST demand.

Posted in GST | 612 Views