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GSTN Expands Payment Options: Adds 2 New Banks, Totaling 25 for GST Transactions

   28 December 2023 at 09:21

The Goods and Services Tax Network ("GSTN") has added 2 new banks Karnataka Bank Limited and RBL Bank Limited, bringing the total number of banks accepting GST payments to 25.

Posted in GST |   2820 Views


GSTN Unveils Online Filing of Annexure-V for GTAs Opting for Forward Charge

   28 December 2023 at 09:20

The Goods and Services Tax Network (GSTN) has rolled out a highly anticipated feature, enabling the online filing of Annexure-V on the GST Portal. This feature is specifically tailored for newly registered GTAs choosing to operate under Forward Charge.

Posted in GST |   5535 Views


ICICI Lombard Receives GST Demand Notice of Over Rs 5.66 crore

   28 December 2023 at 09:17

ICICI Lombard General Insurance Company, a prominent player in the insurance sector, has encountered a significant setback as it received a demand notice for the alleged short payment of Goods and Services Tax (GST) amounting to over Rs 5.66 crore.

Posted in GST |   2241 Views


GST Amnesty Scheme Appeals: Eligibility and Forms Until 31st January 2024

   27 December 2023 at 09:25

In a proactive move to alleviate the challenges faced by taxpayers dealing with Goods and Services Tax (GST) issues, the Central Board of Indirect Taxes and Customs (CBIC) has unveiled a groundbreaking amnesty scheme.

Posted in GST |   9555 Views


Real Estate Developers Urge 18% GST Amendment on Corporate Guarantees in Representation to FM

   27 December 2023 at 09:24

Real estate developers have reportedly approached Finance Minister Nirmala Sitharaman, urging amendments to the recent circular imposing an 18% Goods and Services Tax (GST) on corporate guarantees

Posted in GST |   1929 Views


Assam GST Dept Adopts IIT Big Data Software for Automated DRC-01 Notices

   27 December 2023 at 09:22

The Assam GST Department issued Instruction No. 13/2023-GST dated December 26, 2023, regarding notices issued based on IIT Big Data Software.

Posted in GST |   3201 Views


Taxpayers Likely to File Revised GST Returns Starting April 2025

   26 December 2023 at 10:43

The Government is reportedly considering permitting the filing of updated or revised returns under the GST.

Posted in GST |   3609 Views


State Taxes Department Triumphs with Rs 3.16 Crore Recovery in GST Penalties

   26 December 2023 at 09:07

Deputy Commissioner Ranjeet Singh Leads Kathua's Enforcement Wing to a 73% Surge in Revenue, Collects Rs 3.16 Crore in Penalties

Posted in GST |   1956 Views


Thane Resident Faces Rs 23 Lakh GST Notice as Scammers Use Stolen KYC in Elaborate Job Scam

   26 December 2023 at 09:07

Thane Resident Falls Victim to Elaborate Job Scam, Faces Rs 23 Lakh GST Default Notice

Posted in GST |   2106 Views


TVS Electronics Faces Rs 17 Crore GST Hit as Assessment Order Triggers Financial Concerns

   26 December 2023 at 09:06

TVS Electronics Faces Rs 17.04 Crore GST Litigation, Responds with Detailed Rebuttal

Posted in GST |   2673 Views



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