In a sweeping move, Goods and Services Tax (GST) authorities have issued demand notices totaling ₹1.45 lakh crore to approximately 1,500 businesses in December.
The Supreme Court of India has issued a notice to the Union government, demanding a response to a plea filed by online gaming companies challenging tax demands amounting to ₹1.5 lakh crore.
Life Insurance Corporation of India (LIC) encountered a significant setback as tax authorities issued a demand notice amounting to approximately Rs 663.45 crore.
Vodafone Idea Challenges Rs 10.76 Crore Penalty Under GST Act; Seeks Rectification and Reversal
29,273 bogus firms involved in suspected Input Tax Credit (ITC) evasion of Rs. 44,015 crore detected in a sustained drive against non-existent taxpayers by GST formations across the country since May 2023; 121 arrested
The Competition Commission of India (CCI) has successfully contested and overturned a service tax demand of Rs 7.08 crore imposed by the Directorate General of GST Intelligence (DGGI).
Effective from February 1, 2024, businesses are mandated to adhere to new specifications based on their Aggregate Annual Turnover (AATO).
The National Informatics Centre (NIC) has unveiled a pivotal update on January 5, 2024, reshaping the landscape of electronic documentation for businesses.
In a move aimed at providing relief to businesses affected by recent challenges in Tamil Nadu, the Central Board of Indirect Taxes and Customs (CBIC) has announced an extension to the deadline for filing the GSTR-3B return for November 2023.
The CBIC has officially announced an extension of the deadline for filing Goods and Services Tax Return-9 (GSTR-9) and GSTR-9C for the financial year 2022-23.
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