GST News
GST Rate Rationalization Expected After Lok Sabha Polls, Says FinMin Official
10 February 2024 at 09:30A senior official from the Finance Ministry has disclosed that any substantial changes in the Goods and Services Tax (GST) rates are likely to be postponed until after the upcoming Lok Sabha elections
Gujarat's GST Evasion: Over 9,000 Cases Reported in Last 4 Years
09 February 2024 at 09:17Gujarat, often heralded as the epicenter of the business community, is grappling with a significant surge in Goods and Service Tax (GST) evasion cases, reaffirming its pivotal role in the nation's economic landscape.
GST Portal Expands Credit/Debit Card Payments to 4 New States
08 February 2024 at 09:23In a bid to enhance convenience and accessibility for taxpayers, the Goods and Services Tax (GST) portal has rolled out a significant update, now allowing GST payments through Credit Cards and Debit Cards.
FIR Filed Against State Tax Assistant Commissioner and GST Officers for Rs 1 Crore Bribe
08 February 2024 at 09:23In a shocking development, the Anti-Corruption Bureau (ACB) of Maharashtra has initiated legal proceedings against an Assistant Commissioner of the State GST department, along with other officers, for allegedly soliciting a massive bribe of Rs 1 crore.
GST Appellate Tribunal to Expand with 50 New Benches: Revenue Secretary
08 February 2024 at 09:22As India continues on its growth trajectory, the spotlight shines on the efficacy of its tax policies, particularly the Goods and Services Tax (GST).
Govt Plans to Remove GST Invoice Edit Option To Revise Output Liability
07 February 2024 at 09:04The government is contemplating eliminating the flexibility for buyers and sellers to revise their output liability by locking invoices and removing the edit option in the next financial year, as revealed by Revenue Secretary Sanjay Malhotra.
GST Officials Detects 14,597 Tax Evasion Cases from April to December
07 February 2024 at 09:03In a recent disclosure to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary revealed the proactive measures undertaken by GST officers to curb tax evasion.
GST Notices Surge Prompts Push for Risk-Based State Assessments
07 February 2024 at 09:00India's corporate sector is currently grappling with a flood of show-cause notices regarding Goods and Services Tax (GST) payments, prompting a call for increased scrutiny and a shift towards risk-based assessments by state authorities.
Revenue Secretary Vows to Curb GST Flexibility Abuse by Buyers and Sellers
06 February 2024 at 07:53In a recent interview, Revenue Secretary Sanjay Malhotra unveiled the government's proactive stance towards curbing Goods and Services Tax (GST) evasion, emphasizing measures to prevent abuse of corrective flexibility granted to businesses.
GST Appellate Tribunals (GSTAT) Anticipated to Launch by July or August 2024
06 February 2024 at 07:51In a recent interview, Revenue Secretary Sanjay Malhotra disclosed that the long-awaited Goods and Services Tax (GST) Appellate Tribunals, aimed at resolving taxpayer disputes within the indirect tax framework, are on the cusp of commencing operations.
Popular News
- Rajasthan HC Seeks CBDT Clarity on Tax Audit Due Date Extension 2026: Final Instructions on 29th September
- Central Excise Duty Rates Revised: Rs 16 and Rs 10.5 Per Litre Effective 1st October 2026
- Supriya Sule Urges FM Sitharaman to Extend Tax Audit Due Date for AY 2026-27
- ICAI Delegation Meets CBDT Member Vatsala Jha, Raises Tax Audit Deadline Concerns
- CBDT Extends Tax Audit Due Date for AY 2026-27 to 21st October 2026; ITR Deadline Moved to 21st November
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
