In a groundbreaking decision aimed at bolstering administrative efficiency, the Cabinet has granted approval for the restructuring of the State Taxes and Excise department.
LIC has been served a GST demand notice of Rs 3,529 crore by Mumbai's tax authorities. This comes in addition to a series of notices received earlier this month, totaling significant amounts and spanning various states.
Hindustan Zinc disclosed on Friday that it has received a goods and services tax (GST) notice from the Principal Commissioner, Central Excise & CGST Commissionerate, citing an "interpretational issue."
In a recent regulatory filing on Thursday, Vodafone Idea disclosed that the GST additional commissioner's office in Chandigarh has imposed a hefty penalty of Rs. 13.16 crore on the telecom giant.
In 2023, DGGI detected 6,323 cases involving evasion of duty of Rs. 1,98,324 crore; 119% increase in detecting cases Year-on-Year
In a significant move to enhance efficiency and reduce the time taken for tax appeals, the Central Board of Indirect Taxes & Customs (CBIC) is set to roll out a new mobile application named 'Samay.'
As of January 10, 2023, the earlier decision to restrict the creation of E-Way Bills exclusively to those accompanied by e-Invoice/IRN has been reversed, as per the recent update in the GST E-way bill system.
As per Notification No. 12/2017-Central Tax dated June 28, 2017, as amended by Notification No. 78/2020-Central Tax dated October 15, 2020, taxpayers having turnover up to Rs. 5 Crore
Goods and Services Tax Return (GSTR) process undergoes a significant enhancement with the redesign of Table 8, specifically addressing the declaration of e-commerce data.
Even as the overall Goods and Services Tax (GST) collections surpassed Rs 1.6 lakh crore in most months of the fiscal year, a recent study has brought attention to the uneven growth in consumption demand among Indian states.
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