GST News
ICICI Lombard Faces GST Show-Cause Notice worth Rs 288 Crore
25 May 2024 at 09:03ICICI Lombard General Insurance Company Ltd has been issued a GST show-cause notice amounting to ₹288 crore for the fiscal year 2020, according to a report by CNBC-TV18 shared on X (formerly Twitter) on Thursday.
GSTN Issues Letter on CBIC Migration to GSTN Back Office
24 May 2024 at 08:59The Goods and Services Tax Network (GSTN) has issued a significant letter (F. No. GSTN/PMO/CBIC/2023 dated May 22, 2024) to the Chief Commissioner/Commissioner of State Taxes.
GST Council Unlikely to Revoke 28% Tax on Online Gaming Industry
21 May 2024 at 08:59As the online gaming industry eagerly awaits a review of the 28% Goods and Services Tax (GST) imposed on the sector, the GST Council appears unlikely to roll back the levy.
GSTN: New Feature Allows Users to Track Physical Verification Status of Registration Applications
20 May 2024 at 09:00The GST Network (GSTN) has introduced a significant update to the GST Portal, enhancing the functionality of the 'Track Application Status' tab.
Supreme Court Tells Centre: No Mandatory Arrests in All GST Cases
17 May 2024 at 08:57The Supreme Court has directed the Centre to avoid making arrests in all Goods and Services Tax (GST) cases unless there is credible evidence and tangible material proving culpability.
GSTN Expands Digital Payment Options to J&K, Now Covering 16 States/UTs
17 May 2024 at 08:57GSTN has announced an important update, dated May 16, 2024. The update reveals that GST payment facilities via UPI and Debit/Credit cards are now available in Jammu & Kashmir.
GSTN: Information from manufacturers of Pan Masal and Tobacco taxpayers
17 May 2024 at 08:54Government had issued a notification to seek information from taxpayers dealing in the goods mentioned therein vide Notification No. 04/2024 – Central Tax dated 05-01-2024.
GST Official Falls Victim to Fake Stock Trading App Scam, Loses Lakhs
16 May 2024 at 08:57In a startling revelation, the Avadi police uncovered a sophisticated fraud scheme orchestrated by tech-savvy criminals, leaving a trail of duped investors across the country.
GSTAT Set for Operationalization by End of 2024 or Early 2025
15 May 2024 at 08:51According to sources closely involved in the process, efforts are underway to ensure the expeditious operationalization of the GST Appellate Tribunal.
Five States Ready for Aadhaar-based GST Registration Authentication
14 May 2024 at 08:44Five states, including Karnataka, Tamil Nadu, and Telangana, are now considering the implementation of Aadhaar-based authentication for GST registration, marking a significant shift in ensuring the integrity of the tax system
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