GST News

CBIC Warns Against Hasty GST Notices to Prevent Litigations

27 January 2024 at 09:08

Potential Litigations Loom as GST Show Cause Notice Deadline Nears

Posted in GST | 6456 Views

GSTN Issues Advisory for furnishing bank account details by registered taxpayers under Rule 10A of the CGST Rules, 2017

24 January 2024 at 09:15

All Registered Taxpayers are required under the provisions of CGST Act, 2017 and the corresponding Rules framed thereunder to furnish details of their bank account/s within 30 days

Posted in GST | 8532 Views

5 GST Officials Booked for Allegedly Demanding Rs 5 Crore Bribe from Ghaziabad-Based Businessman

23 January 2024 at 09:05

In a significant development, the Ghaziabad police have registered an FIR against five officials from the Directorate General of Goods and Services Tax Intelligence (DGGI) for allegedly demanding a hefty bribe of Rs. 5 crore from a local businessman.

Posted in GST | 4197 Views

Businesses Brace for GST Show Cause Notices as FY19 Deadline Nears 31st Jan 2024

23 January 2024 at 09:03

With the approaching deadline, businesses across the country are gearing up for a potential deluge of show cause notices from Goods and Services Tax (GST) officials for the Fiscal Year 2018-19.

Posted in GST | 3348 Views

Kerala GST Department Issues Guidelines for Filing Appeals in Absence of GST Appellate Tribunal

22 January 2024 at 09:10

The Kerala Goods and Services Tax (GST) Department has issued Circular No. 01/2024 dated January 11, 2024, providing crucial clarification and guidelines for the filing of appeals in the absence of a functional GST Appellate Tribunal.

Posted in GST | 5424 Views

Patna HC Penalizes GST Officer Rs 5K for Illegal Recovery

22 January 2024 at 09:09

The Patna High Court has imposed a penalty of Rs 5,000 on a GST officer for engaging in "forcible and illegal recovery" of the entire tax amount from an individual awaiting the statutory remedy of appeal before the non-functional GST tribunal in Bihar.

Posted in GST | 2559 Views

Surat Businessman Nabbed in Rs 2 Crore GST Manipulation Garment Company Scam

22 January 2024 at 09:08

The Economic Offence Wing (EOW) of the Thane police has made a significant arrest, apprehending a Surat-based businessman, Kailash Kothari (41), on charges of allegedly cheating his partner to the tune of Rs 2 crore.

Posted in GST | 2802 Views

Karnataka GST Authorities Bust Rs 180 Crore Fake ITC Scam

20 January 2024 at 08:48

In a major breakthrough, the Karnataka Commercial Taxes Department has successfully uncovered a multi-state GST fraud, leading to the arrest of the key mastermind, Mohammed Siddiq.

Posted in GST | 5061 Views

GSTN enabled Functionality to furnish Letter of Undertaking (LUT) for FY 2024-25

19 January 2024 at 15:35

Goods and Services Tax Network (GSTN) has introduced a new functionality on the GST Portal, enabling taxpayers to submit a Letter of Undertaking (LUT) for the Financial Year 2024-2025.

Posted in GST | 17382 Views

GSTN Enhances Payment Methods for Taxpayers with Credit Cards, Debit Cards and UPI

19 January 2024 at 15:34

In a move aimed at enhancing convenience for taxpayers, the Goods and Services Tax Network (GSTN) has issued a new advisory, dated January 19, 2023, introducing additional payment options for those registered under GST. The advisory outlines the incl

Posted in GST | 6324 Views