GST News

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 | 789 Views

YES Bank Hit with GST Demand Orders, Faces Rs 6.87 Lakh Penalty

03 May 2024 at 08:51

YES Bank revealed on Wednesday that it has been slapped with two GST demand orders, totalling a penalty exceeding Rs 6.87 lakh.

Posted in GST | 696 Views

GST revenue collection for April 2024 highest ever at Rs 2.10 lakh crore

01 May 2024 at 17:21

GST collections breach landmark milestone of Rs 2 lakh crore Gross Revenue Records 12.4% y-o-y growth Net Revenue (after refunds) stood at Rs 1.92 lakh crore; 15.5% y-o-y growth

Posted in GST | 762 Views

Patanjali Foods Faces Show Cause Notice Over Rs 27.46 Crore ITC

30 April 2024 at 08:53

Patanjali Foods, the renowned firm led by yoga guru Ramdev, finds itself under the radar of the GST intelligence department.

Posted in GST | 3816 Views

GST Appellate Tribunal Set to Alleviate Pending Appeals

27 April 2024 at 09:04

Good news for businesses dealing with the Goods and Services Tax (GST)! Soon, there might be a special court called the GST Appellate Tribunal to handle disputes related to GST.

Posted in GST | 831 Views

GSTN Announces Launch of Enhanced Version of GST Portal On 3rd May 2024

27 April 2024 at 09:02

Important Update: Enhancement in the GST PortalGSTN is pleased to inform that an enhanced version of the GST portal would be launched on 3rd May 2024.

Posted in GST | 5445 Views

Vedanta Faces Rs 3.48 Crore Penalty Over GST ITC Issue

23 April 2024 at 08:51

In a recent development, mining giant Vedanta has been slapped with a hefty penalty of Rs 3.48 crore by the Office of the Additional Commissioner, GST & Central Excise Commissionerate, Rourkela.

Posted in GST | 885 Views

Zomato Faces Rs 11.81 Crore GST Demand and Penalty Order

21 April 2024 at 12:12

Food delivery giant Zomato finds itself in the regulatory spotlight after revealing that it has been slapped with a GST demand and penalty order totaling Rs 11.81 crore.

Posted in GST | 3939 Views

GST Council Considers Exempting Reinsurance from GST

20 April 2024 at 07:49

GST Council is gearing up to reevaluate exempting reinsurance business from GST.

Posted in GST | 2964 Views

Vedanta faces Rs. 27.97 crore GST Penalty Order

18 April 2024 at 08:53

In a recent development, mining conglomerate Vedanta Ltd disclosed on Tuesday, April 16, that it has been slapped with a hefty Goods and Services Tax (GST) penalty amounting to ₹27.97 crore.

Posted in GST | 1209 Views